April 11th Binary Options Assets In Focus

With the Chinese PPI and CPI numbers coming out during the session on Monday, we could get a bit of volatility but quite frankly we believe that most of the trades during the day will be relatively technically driven.

CAC Finding resistance

The Parisian index rose during the course of the day on Friday, testing the €4300 level. Just above, there seems to be a significant amount of resistance, and as a result put buyers could get involved somewhere near the 4350 handle. At this moment though, the market looks very consolidative.

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Silver markets continue to struggle

Summer markets look fairly healthy overall, but recently have struggled with the $15.20 level as it has offered quite a bit of resistance. However, the candle during the course of the day on Friday looks as if it is going to form a hammer, so therefore it appears that the call buyers are starting to try to assert their will. With this, a move above the $15.20 level could signal that call buyers are going to try to push this market higher, perhaps even as high as $16.

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WTI Crude Oil rallies

The WTI Crude Oil market rallied during the course of the session on Friday, as we continue to see the market try to reach towards the $40 handle. That is a significant amount of resistance, and we have recently broke down below a rather steep uptrend line, so we could see quite a bit of bearish pressure above.