USD/CAD
According to Christopher Lewis’s analysis of the USD/CAD, “but I think ultimately we will break out to the upside”. 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 $1200 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 $852 on my investment.
The target price for USD/CAD at the buying time (12:17) was 1.19677 for the expiration of 12:30. The Asset closed on 1.19713and I made $852.
EUR/USD
According to Christopher Lewis’s analysis of the EUR/USD, “I believe that the euro will continue to show weakness against most currencies”. 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 $1200 on the "Touch Down" instrument. This kind of option has a return of 75% if the option touches the strike price prior to expiry, which means that if the signal is correct, I could get a return of $900 on my investment.
The price for EUR/USD at the buying time (12:49) was 1.16092 and the target price was 1.16088 for the expiration of 13:00. The asset touched my target price at 12:53 and I made $900.