USD/CAD
According to Christopher Lewis analysis of the USD/CAD, “I thought that the US dollar would try to find some type of support here, but it is clearly failing. Because of that, I am now going to sell short-term rallies every time they look like they are getting a little bit soft. I’m not expecting any type of meltdown here, but I am expecting this pair to grind lower”. That creates an investment opportunity on the instruments: “Low”, “No Touch Up” and “Touch Down”.
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 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 (11:13) was 1.19539 for the expiration of 11:30. The Asset closed 1.19572 and I made $852.
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EUR/USD
According to Christopher Lewis analysis of the EUR/USD, “The economic numbers out of the European Union have been strengthening recently, and as a result I believe that the Euro will continue to strengthen as well”. 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 "No 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 (10:57) was 1.13836 and the target was 1.13942 for the expiration of 11:15. The asset touch my target price and I made $900.
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