NZD/CHF
According to Christopher Lewis analysis of the NZD/CHF, “What I believe will happen is if the US dollar start gaining in strength it will be a bit of a "safety on" type of trade. That should put a beating on commodities in general, which of course has a negative effect on the New Zealand dollar itself. In that particular circumstance, I feel this pair will continue to fall, and probably crumble quite frankly.”. That creates an investment opportunity on the instruments: “Low”, “No Touch” and “Touch down”.
I logged in the OptionFair™ binary options trading platform and I traded $1700 on the "Low" instrument. This kind of option has a return of 75% if the option will close below the target price, which means that if the signal is correct I could get a return of $1275 on my investment.
The market price for NZD/CHF at the buying time (11:52) was 0.73630 for the expiration of 12:15. The Asset closed on 0.85256 and I made $1275.
AUD/USD
Based on Christopher Lewis analysis of the AUD/USD, I don't see a case where I would want to buy the Australian dollar” and “so the short-term trader might be able to sell here looking for a slight pullback” .That creates an investment opportunity in the following positions: “Low”, “No Touch” and “Touch Down”.
With optionFair™ binary options trading platform, I traded $1700 on the “Touch Down” instrument. This kind of option has a return of 70% if the option touches the strike price prior to expiry, which means that if the signal is correct, I could get a return of $1190 on my investment.
The market price for the AUD/USD at the buying time (11:49) was 0.90618 and the target price was 0.90578 for the expiration of 12:00. The Asset touched my target price at 11:50 and I made $1190.
