Binary Options Trading Opportunities For November 26, 2015

Thanksgiving Day in America

During the session on Thursday, it is think giving day in the United States. Because of this, it is very unlikely that we will see a lot of volatility but we do see a couple potential trading opportunities at this point in time.

CAC looks healthy

The Parisian index bounced during the course of the day on Wednesday, and it appears that we are going to go much higher. We think that the target for the CAC is going to be the €5000 level, as the market should continue to see quite a bit of bullish pressure that should see the market eventually break above that level.

EUR/GBP falls during the Wednesday session

The EUR/GBP pair broke higher during the course of the day initially on Wednesday, but then turned back around to form a rather negative candle as we slammed into the 0.70 handle. With this, the market looks as if it is going to continue to try to go lower, perhaps reaching towards the 0.69 level. Once we get below there, the market should fall apart completely in offer longer-term put buying opportunities. In the meantime, we buy puts on short-term rallies.

FTSE looks strong

The FTSE broke higher during the course of the day on Wednesday, clearing the top of the hammer from Tuesday. With this, we believe that the market is going to continue to grind its way towards the 6500 level. Look for short-term pullbacks in order to buy calls, and as a result we think that you will probably make several trades on the way up to that level.