Trading financial products on margin carries a high degree of risk and is not suitable for all investors. Please ensure you fully understand the risks and take appropriate care to manage your risk.

Regulator:

×
CySEC

Skilling Ltd, is regulated by the Cyprus Securities and Exchange Commission (CySEC) under CIF license No. 357/18

Continue
FSA

Skilling (Seychelles) Ltd, is authorized and regulated by the Financial Services Authority (FSA) under license No. SD042

Continue
Technical Analysis

USDCAD broke through important 1.2858 price line

62c2cb61fddf156a82d1a38b.png

USDCAD has broken through a support line. It has touched this line numerous times in the last 6 days. This breakout shows a potential move to 1.2823 within the next 19 hours. Because we have seen it retrace from this level in the past, one should wait for confirmation of the breakout.

Not investment advice. Past performance is not indicative of future results. Trading cryptocurrency may not be available depending on your country of residence.

Related Articles

NZDUSD approaching important 0.6372 price line

NZDUSD is approaching the resistance line of a Resistance. It has touched this line numerous times in the last 2 days....

A final push possible on AUDNZD

A final push possible on AUDNZD as it starts approaching a price line of 1.1127....

GBPJPY - getting close to psychological price line

GBPJPY - approaching a price line that has been previously tested numerous times in the past...