Daily Binary Option Trading Tips – January 16th 2015

Today's Binary Options Trading Tips From The Market Analyis Video – Watch the video for the whole analysis:

1 – The EUR/USD pair has broken down, and sliced through support. Because of this, it appears that this pair will continue to offer put buying opportunities every time it rallies. This could be the beginning of a massive move down to the 1.10 level, but having said that we have to wait to see what happens next. After all, this move was somewhat artificial in the sense of the Swiss National Bank lifted its packet to the Euro today, causing absolute chaos in some of the currency pairs around the world.

2 – The S&P 500 continues to look very choppy, but we believe that buying calls on short-term charts will probably continue to be the way to play this market going forward, and we do believe eventually that the S&P 500 will break out to the upside and perhaps head to the 2100 level given enough time.

3 – Look at the silver markets, we continue to be stuck in just below the $17.50 handle, an area that is significant resistance. Because of this, we are simply going to wait to see whether or not we break out above there, and at that point in time we would consider the trend changed and call buying the only thing you can do. In the meantime it’s probably best to simply step away from the market at this point in time.

4 – The DAX has had a wild session due to the Swiss action, falling all the way down to the 9600 level, and then shooting straight up through €10,000. This is mainly due to the weakening Euro, and a move above the €10,100 level is now likely to happen. Once we get that move it becomes a longer-term “buy on the dips” type of signal. Every time this market dips now, we are looking to buy calls.