USD/CAD
According to Christopher Lewis’s analysis of the USD/CAD, “I feel fairly confident that the 1.10 level is going to continue to offer support going forward” and “I would be a buyer and not a seller,” 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 81% if the option will close above the target price, which means that if the signal is correct I could get a return of $1215 on my investment.
The market price for USD/CAD at the buying time (11:50) was 1.10179 for the expiration of 12:00. The Asset closed on 1.10186 and I made $1215.
OIL
Following Christopher Lewis’s analysis of the OIL “I believe that the market would head back towards the $102 level”, an investment opportunity on the following instruments is created: “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 72% if the option touches the strike price prior to expiry, which means that if the signal is correct, I could get a return of $1152 on my investment.
The market price for the OIL at the buying time (12:06) was 99.635 and the target price was 99.710 for the expiration of 12:30. The Asset touched my target price at 12:13 and I made $1152.
