USDCAD Reverses Course after Weak CPI Data, Key Levels to Monitor
200 hour moving average at 1.3735 being tested USDCAD runs to the 200 hour MA The USDCAD initially saw an increase after weaker-than-expect…
Showing posts with the label reversesShow all
USDCAD falls to a new session low. Reverses earlier gains after jobs reports.
USDCAD trades between its 100 and 200 hour moving averages The USDCAD moved higher after the US jobs report came in better than expected while th…
RobotFX is creating Expert Advisors for METATRADER (MetaQuotes Language) ment to follow distinct profitable proven trading strategies.
Risk warning
Before deciding to participate in the forex market, you should carefully consider your investment objectives, level of experience and risk appetite. Most importantly, do not invest money you cannot afford to lose.
There is considerable exposure to risk in any off-exchange foreign exchange transaction, including, but not limited to, leverage, creditworthiness, limited regulatory protection and market volatility that may substantially affect the price, or liquidity of a currency or currency pair.
Moreover, the leveraged nature of Forex trading means that any market movement will have an equally proportional effect on your deposited funds. This may work against you as well as for you. The possibility exists that you could sustain a total loss of initial margin funds and be required to deposit additional funds to maintain your position. If you fail to meet any margin requirement, your position may be liquidated and you will be responsible for any resulting losses.
Any opinions, news, research, analyses, prices, or other information contained on this website are provided as general market commentary, and do not constitute investment advice. We are not liable for any loss or damage, including without limitation, any loss of profit, which may arise directly or indirectly from use of or reliance on such information. Also, we are not liable for any loss or damage, including without limitation, any loss of profit, which may arise directly or indirectly from use of our FLEX expert advisors. The content on this website is subject to change at any time without notice.
Forex trading involves risk. Leveraged trading in foreign currency or off-exchange products on margin carries significant risk and may not be suitable for all investors. We advise you to carefully consider whether trading is appropriate for you based on your personal circumstances. You may lose more than you invest. We recommend that you seek independent advice and ensure you fully understand the risks involved before trading.
