Sept 2, EURUSD spot vs. binary

Best Binary Options Brokers 2020:
  • Binarium

    Top Binary Options Broker 2020!
    Best Choice For Beginners and Middle-Leveled Traders!
    Free Demo Account!
    Free Trading Education!
    Big Sign-Up Bonus!

  • Binomo

    Trustful Broker. Recommended Only For Experienced Traders!

Sept 2, EUR/USD spot vs. binary

The yellow line is an incentive move from the Kumo – location is good, Momentum Band twisted, ADX turned trend & chikou is clear. The close of the blue Hammer is a good spot entry. A little consolidation into the Momentum Band is fairly likely though so it’s not a good binary bet.

Oval 1 is a possible level for a binary trade. It’s a rejection of the significant red candle at the spot entry & it’s a fake break of the tracks to it’s left. Oval 2 confirms the level nicely. The third candle in oval 2 and the three candles in the rectangle to it’s right are great binary spots. Price is very unlikely to move through that level without first testing the low or at least consolidating.

EUR/USD Forecast

The EUR/USD pair is highly recommended for traders who are only beginning to trade Forex. It trades easily by retail traders as well as by Central banks and financial institutions around the world. The most active trading sessions takes place in London and New York and the most commonly used EUR/USD Forex charts are the Daily, 4 Hour and 1 Hour charts. The traders at Daily Forex will post the latest Euro to US dollar forecasts and will keep you totally updated regarding EUR/USD trading.

EUR/USD receives additional interest from volume generated by the Euro-crosses (e.g. euro/British pound (EUR/GBP), EUR/CHF and EUR/JPY. This interest tends to be contrary to the underlying U.S. dollar direction, making it an attractive market for short-term traders.

Browse by category

Forex Brokers

EUR/USD Forecast

Consolidating Above 1.0832

The Euro has gone back and forth during the trading session on Monday to kick off the week.

The Euro bounced a bit from a major support level just below the 1.08 handle, an area that I had been calling for a couple of the past videos now.

Over the past two weeks, the US saw initial jobless claims surge by roughly ten million due to the global Covid-19 pandemic.

The Euro broke down rather significantly during the trading session on Thursday, reaching towards the 1.08 level, an area that I had suggested that could be targeted.

The Euro continues to go back and forth, and I simply think there’s no real directionality to this pair right now.

The Euro initially fell during trading on Tuesday but then turned around to show signs of support.

The Euro initially tried to rally during the trading session on Monday but has seen a lot of resistance at the 1.1150 level.

The Euro has initially pulled back during the trading session on Friday and looked quite soft until the Europeans and the British went home.

The Euro has been all over the place during the month of March, as markets are trying to figure out what to do with themselves.

The Euro has rallied a bit during the trading session on Thursday, breaking above the 1.10 level.

The Euro has been very difficult to trade over the last couple of days because although it has been bullish during most of the time, it keeps pulling back rather rapidly.

The Euro rallied a bit during the trading session on Tuesday but gave back a significant amount of the gains in order to form a bit of an inverted hammer.

The Euro has been all over the place during the Monday session, as the Federal Reserve has suggested that it was going to expand quantitative easing yet again.

The Euro initially tried to rally during the trading session on Friday, reaching as high as 1.08 and above.

Forex Trading Courses

Want to get in-depth lessons and instructional videos from Forex trading experts? Register for free at FX Academy, the first online interactive trading academy that offers courses on Technical Analysis, Trading Basics, Risk Management and more prepared exclusively by professional Forex traders.

Most Visited Forex Broker Reviews

Stay Updated!
Also Available on

Risk Disclaimer: DailyForex will not be held liable for any loss or damage resulting from reliance on the information contained within this website including market news, analysis, trading signals and Forex broker reviews. The data contained in this website is not necessarily real-time nor accurate, and analyses are the opinions of the author and do not represent the recommendations of DailyForex or its employees. Currency trading on margin involves high risk, and is not suitable for all investors. As a leveraged product losses are able to exceed initial deposits and capital is at risk. Before deciding to trade Forex or any other financial instrument you should carefully consider your investment objectives, level of experience, and risk appetite. We work hard to offer you valuable information about all of the brokers that we review. In order to provide you with this free service we receive advertising fees from brokers, including some of those listed within our rankings and on this page. While we do our utmost to ensure that all our data is up-to-date, we encourage you to verify our information with the broker directly.

Euro FX Jun ’20 (E6M20)

Euro FX Futures Market News and Commentary

The dollar index (DXY00) on Wednesday rose +0.197 (+0.20%). Jun euro-fx futures (E6M0) closed down -0.0044 (-0.41%), and EUR/USD (^EURUSD) fell -0.0029 (-0.27%). Jun yen futures (J6M0) closed up +0.02 (+0.02%), and USD/JPY (^USDJPY) rose +0.07 (+0.06%).

The dollar index on Wednesday posted moderate gains after EUR/USD weakened when EU officials Tuesday night failed to agree on a pandemic rescue package. Higher T-note yields on Wednesday were also supportive for the dollar. The dollar was undercut by dovish Fed comments and the minutes of the Mar 15 FOMC meeting.

U.S. stock indexes rallied sharply Wednesday on hopes the U.S. economy can reopen sooner than earlier thought. President Trump said late Tuesday that his administration is developing plans to reopen parts of the country that haven’t been hit by the coronavirus, while keeping “hot spots’ such as New York and New Orleans shuttered for longer. Confirmed cases of the coronavirus have risen above 1.49 million global. Read more

currencies Futures News

Darren Chu, Cfa – Tradable Patterns Thu Apr 9, 1:24AM CDT

The AUDUSD edged higher yesterday but appears to be on the verge of stalling in the rebound off its March low. Significantly, the AUDUSD is nearing the.

Elliottwave-forecast – ElliottWave-Forecast Wed Apr 8, 10:59PM CDT

AUDJPY shows incomplete sequence from April 2 low, favoring more upside. This article and video looks at the Elliott Wave path.

Rosenthal Collins Group – RCG Direct Wed Apr 8, 9:06AM CDT

Bulls still have overall technical advantage but are fading this week and price uptrend now in jeopardy.

Alan Bush – ADM Investor Services Wed Apr 8, 8:55AM CDT

The Treasury will auction 30-year bonds.

Anton Kolhanov – Wed Apr 8, 8:06AM CDT

An uptrend will start as soon, as the pair rises above resistance level 1.0900, which will be followed by moving up to resistance level 1.0957

Phillip Streible – Blue Line Futures Wed Apr 8, 6:52AM CDT

Softs Technical Report Actionable Trading Ideas that help you stay ahead of the markets”

Stocks: 15 20 minute delay (Cboe BZX is real-time), ET. Volume reflects consolidated markets. Futures and Forex: 10 or 15 minute delay, CT.

© 2020, Inc. All Rights Reserved.

The All Futures page lists all open contracts for the commodity you’ve selected. Intraday futures prices are delayed 10 minutes, per exchange rules, and are listed in CST. Overnight (Globex) prices are shown on the page through to 7pm CST, after which time it will list only trading activity for the next day. Once the markets have closed, the Last Price will show an ‘s’ after the price, indicating the price has settled for the day. The page will always show prices from the latest session of the market.

End-of-Day prices are updated at 8pm CST each evening, and includes the previous session volume and open interest information.

The Cash Contract is listed as the first contract at the top of the page.

Data Updates

For pages showing Intraday views, we use the current session’s data, with new price data appear on the page as indicated by a “flash”. Stocks: 15 minute delay (Cboe BZX data for U.S. equities is real-time), ET. Volume reflects consolidated markets. Futures and Forex: 10 or 15 minute delay, CT.

The list of symbols included on the page is updated every 10 minutes throughout the trading day. However, new stocks are not automatically added to or re-ranked on the page until the site performs its 10-minute update.

Page Sort

Pages are initially sorted in a specific order (depending on the data presented). You can re-sort the page by clicking on any of the column headings in the table.


Most data tables can be analyzed using “Views.” A View simply presents the symbols on the page with a different set of columns. Site members can also display the page using Custom Views. (Simply create a free account, log in, then create and save Custom Views to be used on any data table.)

Each View has a “Links” column on the far right to access a symbol’s Quote Overview, Chart, Options Quotes (when available), Barchart Opinion, and Technical Analysis page. Standard Views found throughout the site include:

    Main View: Symbol, Name, Last Price, Change, Percent Change, High, Low, Volume, and Time of Last Trade.

Technical View: Symbol, Name, Last Price, Today’s Opinion, 20-Day Relative Strength, 20-Day Historic Volatility, 20-Day Average Volume, 52-Week High and 52-Week Low.

Performance View: Symbol, Name, Last Price, Weighted Alpha, YTD Percent Change, 1-Month, 3-Month and 1-Year Percent Change.

  • Fundamental View: Available only on equity pages, shows Symbol, Name, Weighted Alpha, Market Cap, P/E Ratio. Earnings Per Share, Beta, Return on Equity, and Price/Sales
  • Data Table Expand

    Unique to, data tables contain an “expand” option. Click the “+” icon in the first column (on the left) to “expand” the table for the selected symbol. Scroll through widgets of the different content available for the symbol. Click on any of the widgets to go to the full page.

    Horizontal Scroll on Wide Tables

    Especially when using a custom view, you may find that the number of columns chosen exceeds the available space to show all the data. In this case, the table must be horizontally scrolled (left to right) to view all of the information. To do this, you can either scroll to the bottom of the table and use the table’s scrollbar, or you can scroll the table using your browser’s built-in scroll:

    • Left-click with your mouse anywhere on the table.
    • Use your keyboard’s left and right arrows to scroll the table.
    • Repeat this anywhere as you move through the table to enable horizontal scrolling.

    Also unique to Barchart, FlipCharts allow you to scroll through all the symbols on the table in a chart view. While viewing FlipCharts, you can apply a custom Chart Template, further customizing the way you can analyze the symbols. FlipCharts are a free tool available to Site Members.


    Download is a free tool available to Site Members. This tool will download a .csv file for the View being displayed. For dynamically-generated tables (such as a Stock or ETF Screener) where you see more than 1000 rows of data, the download will be limited to only the first 1000 records on the table. For other static pages (such as the Russell 3000 Components list) all rows will be downloaded.

    Free members are limited to 5 downloads per day, while Barchart Premier Members may download up to 100 .csv files per day.

    Should you require more than 100 downloads per day, please contact Barchart Sales at 866-333-7587 or email [email protected] for more information or additional options about historical market data.

    cmdtyNewswires Commentary

    cmdtyNewswires is Ag market commentary for Grains and Oilseeds, Energy, Gold, Silver, Cocoa, Coffee, and Sugar markets.

    Futures News

    View the latest top stories from our trusted partners, with a focus on today’s futures and commodity markets.

    Best Binary Options Brokers 2020:
    • Binarium

      Top Binary Options Broker 2020!
      Best Choice For Beginners and Middle-Leveled Traders!
      Free Demo Account!
      Free Trading Education!
      Big Sign-Up Bonus!

    • Binomo

      Trustful Broker. Recommended Only For Experienced Traders!

    Like this post? Please share to your friends:
    Binary Options: How To Start Trading
    Leave a Reply

    ;-) :| :x :twisted: :smile: :shock: :sad: :roll: :razz: :oops: :o :mrgreen: :lol: :idea: :grin: :evil: :cry: :cool: :arrow: :???: :?: :!: