Binary.com Daily Market Report (20th Jun)
June 20, 2016 7:33 amVideo
Latest News
- Forecast for EUR/USD on April 15, 2024 April 15, 2024
- Forecast for GBP/USD on April 15, 2024 April 15, 2024
- Forecast for USD/JPY on April 15, 2024 April 15, 2024
- Outlook for EUR/USD on April 15. The euro is already falling for no apparent reason! April 15, 2024
- Trading plan for GBP/USD on April 15. Simple tips for beginners April 15, 2024
- Trading plan for EUR/USD on April 15. Simple tips for beginners April 15, 2024
- Euro will return to parity April 12, 2024
- Trading Signals for ETH/USD (Ethereum) for April 12-15, 2024: buy above $3,435 (3/8 Murray – 200 EMA) April 12, 2024
- EUR/USD. Analysis for April 12th. The euro falls down under the pressure of the news background April 12, 2024
- GBP/USD. Analysis for April 12th. A significant event: the pound fell below the 25-figure April 12, 2024
- Trading Signals for EUR/USD for April 12-15, 2024: buy above 1.0620 (-2/8 Murray – rebound) April 12, 2024
- GBP/USD: trading plan for the US session on April 12th (analysis of morning deals). The pound followed the euro April 12, 2024
- EUR/USD: trading plan for the US session on April 12th (analysis of morning deals). The euro continues to fall April 12, 2024
- EUR/USD and GBP/USD: Technical analysis on April 12 April 12, 2024
- EUR/USD: Dovish signals from the ECB and rising PPI April 12, 2024
- EUR/USD. April 12th. ECB meeting: confidence in rate cut increased in June April 12, 2024
- GBP/USD. April 12th. British economy continues to stagnate April 12, 2024
- Analysis and trading tips for EUR/USD on April 12 (US session) April 12, 2024
- Analysis and trading tips for USD/JPY on April 12 (US session) April 12, 2024
- Analysis and trading tips for GBP/USD on April 12 (US session) April 12, 2024
Pound Soars On Brexit Poll Hopes
Morning Report: 06.30 London
• This morning the British pound is rallying and undoing much of the losses incurred over the last two weeks. The move has been sparked by an apparent resurgence in ‘remain’ votes in this week’s EU referendum. The likes of the GBP/JPY, GBP/JPY and EUR/GBP have rallied this morning.
• The EUR/GBP is rallying despite a corresponding rally in the euro, a recognition that a remain vote is also good news for the euro.
• The US dollar has gapped lower on the move, with the USD/JPY lifting off Friday’s lows as risk appetite returns.
• The risk appetite temperature can also be measured in the performance of the NZD/USD this morning.
Coming up today:
• We’ve a quiet day ahead today, with the German Buba Monthly Report at 11.00, the morning’s only real highlight.
Trade Idea:
• Volatility has dropped this morning, but with markets moving on the release of every poll, we’re unlikely to travel to sunny uplands uninterrupted.
A good way to play this is a LOWER trade on the USD/ JPY predicting that the pair will close below 104.00 in 2 days time for a potential return of 180%.
Disclaimer: This financial market report is intended for educational and information purposes only. It should not be construed as investment or financial advice and you should not rely on any of its content to make or refrain from making any investment decisions. The views expressed in this report are those of the author and do not necessarily reflect the views or position of Binary.com accepts no liability whatsoever for any losses incurred by users in their trading. Binary options trading may incur losses as well as gains.
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