AUD/USD
Based on Christopher Lewis's analysis of AUD/USD, “I fully expect to see this market test the parity level to the upside” and “That being the case, I don't think the markets will be overly concerned about hitting that level, and will probably not only hit that level, but continue to drive much higher”. That creates an investment opportunity in the following positions: “High”, “Touch” and “No Touch down”.
With optionFair™ binary options trading platform, I traded $1600 on the “Touch” 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 $1120 on my investment.
The market price for the AUD/USD at the buying time (12:47) was 0.95083 and the target price was 0.95103 for the expiration of 13:00. The Asset touched my target price at 12:53 and I made $1120.
USD/CAD
According to Christopher Lewis's analysis of the USD/CAD, “This of course is bullish, and as a result I think this pair should continue higher”. 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 $1600 on the "High" instrument. This kind of option has a return of 81% if the option will close above the target price, which means that if the signal is correct I could get a return of $1296 on my investment.
The target price for USD/CAD at the buying time (13:00) was 1.04493 for the expiration of 13:15. The Asset closed on 1.04526 and I made $1296.
