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  1. #1
    Specialist Member TAllen1429's Avatar

    Daily Trading Tips by Terry - Wednesday 25th September !!!

    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.
    The USA is scheduled to publish important economic data at 8.30 am EST and 10.00am EST.


    EUR/USD: The single currency reversed two consecutive days of losses by surging higher against the US dollar this morning. The euro received a boost after Germany published its consumer confidence survey a few hours ago disclosing that this important indicator had recorded its highest value in almost six years.

    Subsequently, the EUR/USD soared upwards breaking above an important resistance level. As such, consider activating a ‘CALL’ binary option, structured on this pair, if price can break above 1.3535.


    USD/JPY: The Yen continued to strengthen against the greenback for the third consecutive day epitomized by the USD/JPY slipping by just over 15 pips overnight. The US Dollar is currently under pressure amid Fed uncertainties and a looming Washington shutdown.

    The pair dropped this morning to challenge its lower Bollinger Band and a key support level. After undergoing a minor corrective rally in the last hour or so, the USD/JPY is now poised to weaken further. Consequently, sell this pair following a sustained break beneath 98.25.


    GOLD TRADING: This precious metal is presently attempting to extend the modest gains that it acquired on Tuesday after enduring a sequence of daily losses. Although the price of gold drifted lower after the commodity markets reopened this morning, it has since rallied after rebounding against its middle Bollinger Band.

    Analysts are now expecting bullion to strengthen further today as it should receive a boost from a weakening greenback. Consequently, activate a ‘CALL’ binary option, based on gold, if price surges above $1.328.20 per oz.


    AUD/USD: The AUD continued to weaken against the greenback overnight by extending losses that it endured on Tuesday. Although this pair has enjoyed an impressive bullish rally in recent months, the Royal Bank of Australia is not expected to dampen the appeal of its national currency by instigating a new interest rate cut later this week.

    The AUD/USD plunged this morning to break below a key support level. After undergoing a brief rally to correct an oversold status, the pair now looks poised to descend lower. As such, sell the AUD/USD following a clean break below 0.9320.

  2. #2
    Specialist Member TAllen1429's Avatar
    Yesterday's Results

    A ‘PUT Binary Option was executed, based on Gold, with an opening price of 1,313.98 USD per oz. (8.42am EST) which posted a closing value of 1,311.80 USD per oz. at expiration (9.42am EST) finishing 'in-the-money'.

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