GBP/USD
According to Christopher Lewis’ analysis of the GBD/USD, “he fact that we formed a hammer suggests to me that the market will break out to the upside here in a bit, probably aiming for the 1.53 level first, and then eventually the 1.55 handle.”. 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 Down" instrument. This kind of option has a return of 80% if the option will close below the target price, which means that if the signal is correct I could get a return of $960 on my investment.
The target price for GBP/USD at the buying time (11:56) was 1.52044 for the expiration of 12:15. The Asset closed on 1.52044 and I made $960.
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EUR/USD
According to Adam Lemons’ analysis of the EUR/USD, “We have broken below a short-term bullish channel, and seem to be in the process of establishing a bearish channel 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 "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 (11:32) was 1.13012 and the target price was 1.12951 for the expiration of 11:45. The asset touched my target price at 11:41 and I made $900.
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