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
2019-03-29

USDCAD, H4: USDCAD was traded higher following recent rebound from MA line 20 (Red). However, due to lack of clear signal and momentum from MACD, it is suggested to wait until further signal appear such as breakout above the resistance level 1.3460 or below the support level 1.3350 before entering the market.

 

Resistance level: 1.3460, 1.3570

Support level: 1.3350, 1.3295