Binary Options Assets In Focus For May 19, 2016

We don’t have much to move the markets during the day, with perhaps Unemployment Claims and the Philly Fed Manufacturing Index being the 2 biggest ones. This would have an effect on America only under normal circumstances, and as a result we feel that it will be a fairly choppy trading day.

Silver

Silver initially fell during the day on Wednesday but turned back around to show that there is still plenty of support at the $16.80 level. Because of this, call buyers will more than likely be attracted to this market every time it dips, as it seems like the floor is still very much intact.

USD/CAD

The USD/CAD pair rose during the day on Wednesday but found the 1.30 level to be a bit too resistive. Because of this, the market should continue to bounce around just below there, at least if we can take history into account. The 1.28 level has been supportive though, so quite frankly this is going to be a choppy market under most situations. If we do break above the 1.30 however, we could get call buyers flooding into the market.

WTI Crude pulls back

The WTI Crude Oil market fell slightly during the day on Wednesday, but is still very much favored by call buyers in general. This is a market that has plenty of support based upon previous action, and as a result it would make a lot of sense that call buyers reenter the market based upon the idea of value.