GBP/USD
Based on Christopher Lewis's analysis of the GBP/USD, “There is a longer-term uptrend that we’ve been in for some time now” and “Going forward, I anticipate that the British pound will continue to outperform the US dollar”. 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 GBP/USD at the buying time (11:09) was 1.67409 and the target price was 1.67494 for the expiration of 11:45. The Asset touched my target price at 11:20 and I made $1120.
EUR/JPY
According to Christopher Lewis's analysis of the EUR/JPY, “I can see this market falling to the 136 handle without too many issues”. That creates an investment opportunity on the instruments: “Low”, “Touch down” and “No Touch up”.
I logged in the OptionFair™ binary options trading platform and I traded $1500 on the "Low" instrument. This kind of option has a return of 83% if the option will close below the target price, which means that if the signal is correct I could get a return of $1245 on my investment.
The market price for EUR/JPY at the buying time (11:30) was 139.246 for the expiration of 11:40. The Asset closed on 139.156 and I made $1245.
