Merchant Economic Calendar | JUNE 17, 2020

Updated: Jun 30

DAY & DATE - WEDNESDAY, JUNE 17, 2020



HIGHLY VOLATILE MARKETS - US + UK SESSION

1) USD - Building Permits (May); Crude Oil Inventories; Fed Chair Powell Testifies

2) CAD - Core CPI (MoM) (May)


So, we should not trade-in this currency while trading in binary options.

The market will be highly volatile and will not respect support and resistance. So, I will recommend no to trade in these two currencies.


Market analysis: Currency Pairs To trade.

EUR/JPY

GBP/JPY

EUR/AUD

GBP/AUD

EUR/CHF

GBP/CHF



NOTE:

Analysis also can be made by you by enrolling to course.

Trading in UK+US OVELAPSE ( 6 - 9 PM ) (INDIAN TIME ZONE - +5:30 GMT) is beneficial while trading in binary options to get volume in the market.


How to trade?

1) Check the extreme levels and areas.

2) Use Quaternary Rules


Alert :

Never trade against trade.


THANK YOU.












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Legal Risk Discloser:

Trading foreign exchanges contain a high level of risk and may not be suitable for all the traders. Trading in foreign exchanges you should be considering the investment objectives, level of experience and risk appetite. If you are new to the investment objective your initial investment could sustain a loss and therefore not to invest money that you cannot afford to lose. Be aware of market risk and seek for the financial advisor.