USD/CAD
Following Christopher Lewis’s analysis of the USD/CAD “Ultimately, I believe this pair continues to go higher, not necessarily based upon demand for the US dollar, simply based upon the fact that the Canadian dollar will continue to struggle”, an investment opportunity on the following instruments is created: “High”, “Touch up” and “No touch down”.
I logged in the OptionFair™ binary options trading platform and I traded $1600 on the "High" instrument. This kind of option has a return of 81% if the option closes above the target price, which means that if the signal is correct I could get a return of $1296 on my investment.
The market price for USD/CAD at the buying time (11:10) was 1.04464 for the expiration of 11:20. The Asset closed on 1.04476 and I made $1296.
NZD/USD
According to Christopher Lewis's analysis of the NZD/USD, “This of course was the signal that I had been looking for, and as a result I think this market will continue to go higher, based upon the fact that we have broken above a relatively significant resistance barrier”. That creates an investment opportunity on the instruments: “High”, “Touch” and “No Touch down”.
I logged in the OptionFair™ binary options trading platform and I traded $1600 on the "High" instrument. This kind of option has a return of 81% if the option will close above the target price, which means that if the signal is correct I could get a return of $1296 on my investment.
The target price for NZD/USD at the buying time (10:46) was 0.83957 for the expiration of 11:00. The Asset closed on 0.84003 and I made $1296.
