USD/CAD
According to Christopher Lewis' analysis of the USD/CAD, “What I mean by this is that the Federal Reserve looks like it is going to raise interest rates sometime later this year, and that of course is good for the US dollar”. That creates an investment opportunity on the instrument: “High”.
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% so if the option will close below 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 (13:49) was 1.22299 for the expiration of 14:00. The Asset closed at 1.22389 and I made $840.
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GBP/USD
According to Christopher Lewis' analysis of the GBP/USD, “The British pound is strengthening everywhere as far as I can see, as most pairs with the GBP in it are showing Pound strength.”. 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 $1200 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 $840 on my investment.
The price for GBP/USD at the buying time (13:09) was 1.58403 and the target was 1.58501 for the expiration of 13:45. The asset touch the target price at 13:14, and I made $840.
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