Wednesday, September 20, 2017

September Top Trades – USDCAD

Dear Nasril Nizam

September Top Trades – USDCAD

Have you been following recent Forex market developments? Here is how much you could earn by trading Canadian dollars (CAD) against US Dollar - USDCAD.

Canada's economic growth accelerated in the second quarter of 2017.

  • Based on our USDCAD technical analysis released on September 5, 2017, you could sell $100,000 with 1:100 leverage at the exchange rate USDCAD 1.2338 on September 6, 2017 by investing $1,000 (the margin for the position).
  • Close the position on September 8, 2017 at the exchange rate USDCAD 1.2108.
  • Therefore, by investing just $1000, you could earn $1896.10 (net of $3.47 swap charge), that is increase the investment about 189%.

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