Binary Options Forecast January 25, 2016

During the day on Monday we get very little in the way of announcements, so it’s likely that we will continue with technical analysis overall and follow the themes that were formed on Friday. Looking at this market right now, it appears that the S&P 500 is ready to continue rallying, and perhaps try to reach towards the 1960 level. You would have to think at this point in time that pullback should be call buying opportunities. EUR/USD continues to drift lower, although in a very slow motion. Silver markets had a very poor showing during the session on Friday after initially looking very optimistic. It appears that we cannot break above the $14.40 level, and the Friday candle will do absolutely nothing to instill confidence for call buyers.

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