Friday, March 23, 2018

Deals of the Month – USDCAD

Dear Nasril Nizam

Deals of the Month – USDCAD

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

The Canadian dollar has been strengthening with the rise in world oil prices.

  • Based on our USDCAD technical analysis released on December 27, 2017, you could sell $100,000 with 1:100 leverage at the exchange rate USDCAD 1.2630 on December 27, 2017 by investing 1000 USD (margin for this position).
  • Close the position on February 1, 2018 at the exchange rate USDCAD 1.2268.
  • Therefore, by investing just 1000 USD, you could earn 3541.40 USD (net of $78.60 swap charge), that is increase the investment about 229%.

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