The End of the Day setup overview is a daily set of analyses of investment opportunities 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.
AUDJPY started Monday’s session above the PP level (pink dotted line called Pivot) which means that we are interested only in the pro-growth scenario. Despite initial growth, the market has been moving south for several hours. If there is a demand response in the SMA33 area, we might expect a rebound and, in that case, consider CALL option on this instrument. However, if no reaction does occur, it is better to refrain from opening any position as potential drops could reach even around the PP level and 50% of the Fibonacci correction.
EURNZD started Monday’s session below the PP level which means that the only scenario we are interested is a bearish one. Despite the initial downturn, the market has been moving for several hours north, resulting in price reaching SMA33 moving average. Rejection of this zone could be a signal for declines. In the short term, therefore, it is worth considering PUT option on this instrument.
GBPJPY started Monday’s session above the PP level which means that the only scenario we are interested in is the bullish one. As a result of the last few hours of declines, the pair reached SMA33 moving average. Rejection of this zone could be a signal to continue growth. In the short term, it is therefore worth considering CALL option on this instrument.
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GBPUSD started Monday’s session above the PP level, which means that we are interested only in the pro-growth scenario. As a result of the last few hours of decline, the rate reached the level of PP converging with the moving average SMA33. Rejection of this zone could be a signal to continue growth. In the short term, it is therefore worth considering CALL option on this instrument.
GBPCAD started Monday’s session above PP, which means that the only scenario we are interested in is the pro-growth scenario. As a result of the last few hours of declines, the price reached SMA33 moving average, where the first demand response has already occurred. Rejection of this zone could be a signal to continue growth. In the short term, therefore, it is worth to consider CALL option on this instrument.
NZDJPY started Monday session above the PP level which means that the only scenario we are interested in is a pro-growth scenario. Despite initial growth, the market has been moving south for several hours. If there is a demand response in the area of SMA33 and M3, we would expect a rebound and, in that case, consider CALL option on this instrument. However, if no reaction occurs, it is better to pause to open any position, as potential drops could reach even around the PP level.
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