83% of retail investor accounts lose money when trading CFDs with this provider.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 83% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
GCMAsia-USDCAD
USDCAD
USDCAD
2020-04-06

USDCAD, H4: USDCAD remain traded in a sideway channel following recent retracement from the resistance level 1.4260. Due to lack of momentum and direction from MACD, it is suggested to wait until further signal appear before entering the market.

 

Resistance level: 1.4260, 1.4550

Support level: 1.4000, 1.3735