USD/JPY
According to Christopher Lewis’ analysis of the USD/JPY, “I am personally continuing to buy the dips in this pair, simply because I believe that we go much higher”. 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 74% so if the option will close above the target price, which means that if the signal is correct I could get a return of $1088 on my investment.
The target price for USD/JPY at the buying time (12:23) was 116.932 for the expiration of 12:30. The Asset closed on 116.995 and I made $1185.
GBP/USD
According to Adam Lemon’s analysis of the GBP/USD, “ it will probably be a very volatile right higher, but it does make sense that the buyers would step in and start picking this pair up”. That creates an investment opportunity on the instruments: “High”, “No Touch down” and “Touch up”.
I logged in the OptionFair™ binary options trading platform and I traded $1100 on the "Touch up" 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 $770 on my investment.
The price for GBP/USD at the buying time (11:48) was 1.52256 and the target price was 1.52263 for the expiration of 12:00. The asset touched my target price at 11:49 and I made $770.