Euro Yen Daily Chart - Binary Betting Tip

The FTSE 100 is currently indicating a flat open for binary betting this morning, as traders are afraid to make a move ahead of the UK Gross Domestic Product. Analysts are expecting a reading of -0.6% for the 2nd quarter and a -5.4% year over year. Should the data show a weaker then expected reading the FTSE could see a major sell off. Oil prices are currently trading near $67 a barrel, after rising in the past two days, on optimism that fuel demand will increase amid improved prospects for an economic recovery in the U.S., the world’s biggest energy consumer. Oil prices are likely to continue to trade above the 65 dollars per barrel mark.

Binary Betting Tip

My binary betting strategy for today is to trade the euro vs yen currency pair, which have recently bounced off the 130 mark on the daily chart. With this price level in mind  a 6 day no touch with a trigger at 129.00 pays 30% if correct.

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