USD/CAD
According to Christopher Lewis’s analysis of the USD/CAD, “The market looks as if it’s ready to continue going higher, probably heading to the 1.28 level”. 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 (11:49) was 1.25867 for the expiration of 12:00. The Asset closed on 1.25937 and I made $1065.
GBP/USD
According to Christopher Lewis’s analysis of the GBP/USD, “It appears the market will more than likely continue to go higher, and on a break above the top of the hammer”. 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 $1600 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 $1120 on my investment.
The price for GBP/USD at the buying time (11:51) was 1.52829 and the target price was 1.52914 for the expiration of 12:15. The asset touched my target price at 11:59 and I made $1120.