September 15, 2015 – Binary Options Trading Opportunities

Large amount of economic announcements

During the session on Tuesday, we have quite a few economic announcements out, so we believe that there will be plenty of volatility in the marketplace in general. We have announcements coming out of both the European Union and the United Kingdom, as well as the United States. With that, we think that the currency markets will be quite volatile, and perhaps most of the major indices around the world.

WTI Oil continues to grind

The WTI Oil market fell during the course of the session on Monday, but continues to find support just below the $44 handle. With this, we are waiting to see whether or not we get a short-term bounce. If we do, we believe that buying calls and aiming for the $46 level will probably be the way to go. We think there is support all the way down to the $42 level, so we are not interested in buying puts at the moment.

Silver looks soft

Silver markets fell during the day on Monday, testing the bottom of the hammer that had formed from Friday. It’s quite simple for us, if you can break down below the bottom of the hammer, you can serve buying puts and aiming for the $14 level. On the other hand, any type of rally at this point in time has to be looked at with suspicion, and thought as an opportunity to serve buying puts.

USD/CAD continues to look supported

The USD/CAD pair initially tried to fall during the course of the session on Monday, but continues to find support below. Because of this, every time this market pulls back we are willing to buy calls, but recognize that we may have to stick to short-term charts as we continue to show quite a bit of sideways action.