The End of the Day setup overview is a daily set of analyses of potential investment based on the EoD strategy, if you want to find more details, check this link. The series will last exactly two weeks. After this period, on Saturday, September 23rd, I will publish a report summarizing the statistics of this strategy and will show whether or not during this two weeks strategy was profitable.
As announced earlier, on the same day, I will also present another strategy that I will test for another two weeks. This way I will try to test as many investment strategies as possible for binary options in order to find the best and most effective one.
AUDCAD started Wednesday session above the PP level (pink dotted line called Pivot) which means that the only scenario we are interested in is bullish one. Although, as a result of subsequent falls, the rate did not reach precisely level of PP coinciding with the 38.2% Fibonacci correction or the moving average SMA33, the first demand response has already occurred. A more accurate re-test and rejection of this zone could be a signal to continue the upswing. In the short term, therefore, it is worth considering the CALL option on this instrument.
EURJPY also started the Wednesday session above the PP level (pink dashed line called Pivot) which means that the only scenario we are interested in is bullish. For few hours we have seen calm declines, and if the rate would reached the PP level or at least the moving average SMA33 and there would be a demand response, we could expect a rebound. In the short term, therefore, it is useful to consider the CALL option on this instrument.
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EURUSD started Wednesday session above the PP level (pink dashed line called Pivot), which means that the only scenario we are interested in is the pro-growth scenario. As a consequence of the subsequent falls, the rate reached precisely the vicinity of the moving average SMA33, where the first demand response occurred. Rejection of this zone could be a signal to continue growth. In short term we can consider CALL option.
Very interesting seems current situation on the EURCAD which also began Wednesday session above the PP level (pink dotted line),and only scenario we are interested in is EURCAD. is a bullish scenario. As a consequence of subsequent falls, the rate reached precisely the PP level, which coincided with 38.2% Fibonacci correction and a moving average of SMA33, where the first demand response occurred. Rejection of this zone could be a signal to continue growth. So in short term, you should consider CALL option on this instrument.
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