Oct 22, 2025
Trade ideas
USDCAD, Daily
In the daily timeframe, USDCAD has formed an ascending channel pattern. The price is rebounding from the upper trend line, and Parabolic SAR indicates a possible decline. The MACD histogram has fallen below the line, but it is important to consider two scenarios.
Trading foreign currencies on margin involves significant risks and may not be suitable for everyone, as high leverage can increase both potential gains and losses. Before entering the foreign exchange market, it is essential to evaluate your investment goals, personal experience, and risk tolerance.
Author: Egor Schmidt
By registering, you accept FBS Customer Agreement conditions and FBS Privacy Policy and assume all risks inherent with trading operations on the world financial markets.