Successful Trades: EUR/JPY & EUR/USD - 2 April 2015

EUR/JPY

According to Christopher Lewis’s analysis of the EUR/JPY, “I think that the Euro continues to struggle in general, and therefore it’s going to be difficult for this pair to go to the upside, even though the Japanese yen is in exactly stellar at the moment either. The Euro continues to be the weakest currency that we deal with on a consistent basis”. 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 "Low" instrument. This kind of option has a return of 79% if the option will close below the target price, which means that if the signal is correct I could get a return of $948 on my investment.

The target price for EUR/JPY at the buying time (11:36) was 129.426 for the expiration of 11:45. The Asset closed on 129.397 and I made $948.

EUR/USD

According to Christopher Lewis’s analysis of the EUR/USD, “With this, I believe that eventually this market heads down to the 1.05 handle”. 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 (10:10) was 1.08327and the target price was 1.08093 for the expiration of 10:30. The asset touched my target price at 10:22 and I made $900.