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Forex binary options signals - my daily trades

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Hi! My name is Cedric and I trade Forex and Binary Options for about 5 years. From now I started this thread in order to help novice binary traders in their trading and provide new ideas. So if you are interested in financial markets especially - in Binary Options - you are welcome!

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Cedric B.'s picture

The dynamics of CADJPY currency is not too positive for the bulls, but the pair remains above key support levels, and I don't see any reason to abandon the idea of continuing the upward trend.

I believe that the Bank of Canada at a meeting on Wednesday to refrain from changes in rates that can support CAD. I am not waiting for interest rates decrease until the fourth quarter in Canada, however, believe that the risks of weaker economic growth remain.

Support near 95.00 level has repeatedly proven its strength and improving sentiment in the oil market, where prices are close to forming a base, goes in favor of the bullish scenario implementation.

Asset: CADJPY
Price now: 95.59
Direction: Call
Expiration: 21:00 GMT April 15

Cedric B.
Cedric B.'s picture

CADJPY expired at 21:00 GMT April 15 on 96.91.
ITM signal.

Cedric B.
Cedric B.'s picture

Australian employment report has been extremely positive. In the first month of spring the economy of this country has been able to create 37,700 new jobs, while economists on average expected an increase of 15,000 jobs.

The Australian dollar, which even before the report showed positive dynamics, greatly strengthened its position after the employment data release. Against the background of published figures, market participants revised their expectations about the actions of the Reserve Bank of Australia at the next meeting on 5 May.

There aren't any important events in Australia and Japan until the end of today so Put option on AUDJPY currency pair looks good with an expiry at 21:00 GMT today.

Asset: AUDJPY
Price now: 92.69
Direction: Put
Expiration: 21:00 GMT April 16

Cedric B.
Cedric B.'s picture

AUDJPY expired at 21:00 GMT April 16 on 92.85.
OTM signal.

Cedric B.
Cedric B.'s picture

EURCAD recovered from a fall after the publication of strong statistics from Canada, but the movement does not reflect the improvement in mood. It looks like profit-taking by speculators in anticipation of the weekend.

Such movement in the short term may continue to support the return of pair to test 1.3220 but such a move is expected to attract fresh interest in selling.

The situation in the oil market remains constructive for Canadian dollar - "black gold" took a break, but reducing attempts remain very subdued. News background, meanwhile, also finds a negative character for EURCAD.

Asset: EURCAD
Price now: 1.3199
Direction: Call
Expiration: 21:00 GMT April 17

Cedric B.
Cedric B.'s picture

EURCAD expired at 21:00 GMT April 17 on 1.3222.
ITM signal.

Cedric B.
Cedric B.'s picture

Bulls on the franc recently demonstrated insistence to develop the offensive, and the GBPCHF is once again stormed support at around 1.4240, while EURCHF could not manage to break away from the bids on the way to 1.0235.

But SNB gave an occasion for the Swiss currency sales, announcing that the starting from May 1 with a list of accounts, which are not covered accrual negative interest rates, will decline significantly.

We do not rule out some correction of the franc in the short term, however, consider it's potential is limited.

Asset: GBPCHF
Price now: 1.4553
Direction: Put
Expiration: 21:00 GMT April 22

Cedric B.
Zoran D.'s picture

Every day you give signals for different currency pairs. How much currency pair do you use? Do you have one favorite asset?

Zoran D.
Cedric B.'s picture

Hi Zoran,

Usually I'm monitoring 22 currency pairs and if the signal appears - I post it on this forum. I don't have favourite currency pais.

Cedric B.
Cedric B.'s picture

GBPCHF expired at 21:00 GMT April 22 on 1.4604.
OTM signal.

Cedric B.