USD/CAD
According to Christopher Lewis’s analysis of the USD/CAD, “It looks as if the market is going to see buyers stepping in here, and as a result we believe that the US dollar should continue to strengthen against the Canadian dollar”. That creates an investment opportunity on the instruments: “High”, “Touch up” 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 71% if the option will close above the target price, which means that if the signal is correct I could get a return of $1065 on my investment.
The target price for USD/CAD at the buying time (11:08) was 1.13067 for the expiration of 11:15. The Asset closed on 1.13093 and I made $1065.
EUR/USD
According to Christopher Lewis’s analysis of the EUR/USD, “The market looks as if it’s ready to continue falling, as the market is most certainly in a fairly negative downtrend”. 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 $1600 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 $1120 on my investment.
The price for EUR/USD at the buying time (11:26) was 1.24638 and the target price was 1.24586 for the expiration of 11:45. The asset touched my target price at 11:35 and I made $1120.
