By: DailyForex.com
USD/JPY
According to Christopher Lewis analysis of the USD/JPY. “Regardless, I see no reason to sell this market and every time it falls I simply look at it as being a better value.” That creates an investment opportunity on the instruments: “High”, “Touch” and “No Touch down”.
I logged in the OptionFair™ binary options trading platform and I traded $1500 on the "High" instrument. This kind of option has a return of 70% if the option will close above the target price, which means that if the signal is correct I could get a return of $1050 on my investment.
The target price for USD/JPY at the buying time (11:30) was 97.894 for the expiration of 11:40. The Asset closed on 97.931 and I made $1050.
EUR/USD
Based on Christopher Lewis analysis of the EUR/USD. “This is not going to be an attractive pair to trade, as it is moving within a small range and is devoid of life”. That creates an investment opportunity in the following positions: “Boundary in” on the EUR/USD.
With optionFair™ binary options trading platform, I traded $1800 on the “Boundary in” instrument. This kind of option has a return of 70% if the option will close between the price range, which means that if the signal is correct, I could get a return of $1260 on my investment.
The market price for the EUR/USD at the buying time (11:49) was 1.32478 and the target price range was 1.32877 - 1.32926 for the expiration of 12:00. The Asset closed on 1.32889 and I made $1260.
