USD/JPY
According to Christopher Lewis’s analysis of the USD/ JPY, “That being the case, any type of supportive candle at one of those areas would be reason enough for me to start buying. I think that ultimately 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% if the option will close above the target price, which means that if the signal is correct I could get a return of $888 on my investment.
The target price for USD/ JPY at the buying time (11:22) was 119.920 for the expiration of 11:30. The Asset closed on 119.930 and I made $888.
EUR/USD
According to Christopher Lewis’s analysis of the EUR/USD, “The European Central Bank should continue to keep the markets fairly liquid, keeping loose monetary policy and therefore driving down the value of the Euro. There will be less demand for European bonds, and as a result less demand for the currency itself”. That creates an investment opportunity on the instruments: “Low”, “Touch Down” and “No Touch Up”.
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 (11:12) was 1.11985 and the target price was 1.11932 for the expiration of 11:30. The asset touched my target price at 11:15 and I made $900.