March 19th – Today's Trading Tips & Market Analysis

See Today's Binary Options Trading Opportunities Below – Watch The Video For Full Market Analysis

1 – The silver markets did very little during the session on Wednesday as the $15.50 level continues offer a significant amount of support. We believe that support extends all the way down to the $15.00 level, so ultimately we think that more than likely the market is going to go higher. We do not have the right supportive candle yet though, so we are waiting for daily closes to give a signs of hope.

2 – The EUR/USD pair continues to meander around the 1.06 handle, and quite frankly we think that it is going to be somewhat dead money. You can buy puts on short-term rallies, but anything more than a short-term chart is probably wasting your time at this point. The market simply needs to catch its breath after the massive selloff.

3 – The S&P 500 drifted little bit lower during the session on Wednesday, but remains in a consolidative mood. The 2040 level on the bottom should be the floor, while the 2080 level on the top should be the ceiling. If we can break above 2080, we think the call buying opportunities will abound then as the market should then go to the 2100 level, and of course higher than that.

4 – The GBP/USD pair fell even farther during the session on Wednesday, as we looks set to head towards the 1.45 level given enough time. With that, we are buyers of puts every time this market rallies, as we believe the downtrend is most firmly intact.