Recommendations:

Use an expiry time of 1 hour plus.
Risk no more than 2% of your account balance.
Tips are tradable until 4.00pm EST today.
Trade just one Tip at a time


EUR/USD: Expectations that the US Federal Reserve will endorse its intentions this week to keep US interest rates at historic lows for some considerable period kept the US Dollar under pressure during the night. The greenback slumped against a basketful of major currencies epitomized by the EUR/USD climbing for the third consecutive day.

With further USD weakness expected today, initiate a CALL binary option based on this pair if price surges above 1.3320.


USD/JPY: The Yen extended its gains against the US Dollar this morning for the third successive day. The pair slumped during the earlier part of the session to test its lower Bollinger Band.

After being assertively rebuffed by that level, the pair has undergone a corrective rally within the last couple of hours. However, the USD/JPY has now reset its sights lower following a decisive bounce again its middle Bollinger Band. Consequently, sell this pair if price plunges below 97.46


GOLD TRADING: Gold succeeded in staging a late recovery last Friday to record a third consecutive week of gains. The precious metal has undergone a significant rally recently ever since it rebounded from an annual low that it recorded in late June.

Gold immediately surged by almost $7 per oz when the commodity markets reopened this morning. The precious metal is presently probing its upper Bollinger Band. With gold expected to extend its gains further today, activate a CALL binary option using this commodity as its underlying asset following a confirmed break above $1,337.20.


GBP/USD: This pair spent the night range-trading within a horizontal channel restricted by a well-defined ceiling and floor. The US dollar weakened initially during the session to drop and challenge its lower Bollinger Band.

The pair then rebounded positively to charge higher to test a key resistance. After also being rejected by that level, the GBPUSD fell so that it is presently toying with its middle Bollinger Band. With further greenback weakness expected today, buy this pair following a decisive break above 1.5425.