Successful Trades: USD/CAD, EUR/USD - 19 February 2015

Trades places by optionFair

USD/CAD

According to Christopher Lewis’s analysis of the USD/CAD, “Ultimately, I believe that the US dollar will continue to climb against the Canadian dollar based not only upon a softer than expected oil market, but because I don’t think that the Canadian dollar will appreciate anytime soon”. 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 (13:01) was 1.24782 for the expiration of 13:15. The Asset closed on 1.24858 and I made $852.

EUR/USD

According to Adam Lemons’s analysis of the EUR/USD, “Therefore the technical picture now is realtively bullish, therefore the trend line can be used for a quick scalp”. 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 "Touch Up" 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 (13:10) was 1.394 and the target price was 1.14002 for the expiration of 13:15. The asset touched my target price at 12:52 and I made $900.