Successful Trades: NZD/USD & AUD/USD - 27 January 2015

NZD/USD

According to Christopher Lewis’ analysis of the NZD/USD, “I believe that the sellers will continue to step into the market again and again, as the downward pressure is most certainly strong”. That creates an investment opportunity on the instruments: “Low”, “No Touch up” and “Touch down”.

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 72% if the option will close below the target price, which means that if the signal is correct I could get a return of $1080 on my investment.

The target price for NZD/USD at the buying time (11:16) was 0.74419 for the expiration of 11:30. The Asset closed on 0.74390 and I made $1080.

AUD/USD

According to Christopher Lewis’s analysis of the AUD/USD, “I believe that the Australian dollar is in quite a bit of trouble, and is more than likely going to at least aim for the next major figure of 0.75. The US dollar continues to be the strongest currency in the world”. That creates an investment opportunity on the instruments: “Low”, “No Touch up” and “Touch down”.

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 AUD/USD at the buying time (12:19) was 0.79513 and the target price was 0.79470 for the expiration of 12:30. The asset touched my target price at 12:25 and I made $1120.