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USDCAD News

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Last Updated Date: 4 May 2022 @ 10:44 AM (UTC)
*Please note that all the dates are in GMT time zone

The USDCAD status: overbought. The market is short term bearish with the break creating potential wash to 1.2692. Trade is poised for continuation selloffs ⇒ 1.2620. Minor corrections contained by 1.2827 should bear flag a setup for selloffs.
 
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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Whilst leverage enables traders to magnify their profits on successful trades, it is possible to sustain significant losses,around 78% of retail investor accounts lose money when trading CFDs.