USD/CAD
Following Christopher Lewis’s analysis of the USD/CAD “Because of this, I believe that this market continues higher in this area because of the fact that the fundamentals line up for a weaker Canadian dollar, while there seems to be nothing but air above current levels”, an investment opportunity on the following instruments is created: “High”, “Touch up” 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 closes above the target price, which means that if the signal is correct I could get a return of $1296 on my investment.
The market price for USD/CAD at the buying time (12:06) was 1.06373 for the expiration of 12:15. The Asset closed on 1.06478 and I made $1296.
GBP/USD
Following Christopher Lewis’s analysis of the GBP/USD “Because of this, I think that the market will in fact pullback over the next several sessions”, an investment opportunity on the following instruments is created: “Low”, “Touch down” and “No touch up”.
I logged in the OptionFair™ binary options trading platform and I traded $1600 on the "Low" instrument. This kind of option has a return of 85% if the option closes below the target price, which means that if the signal is correct I could get a return of $1360 on my investment.
The market price for GBP/USD at the buying time (12:03) was 1.64127 for the expiration of 12:10. The Asset closed on 1.64076 and I made $1360.