Ready to Start Trading?

Open a Live or Demo account online in just a few minutes and start trading on Forex and other markets.

Apply online

Any Questions?
Contact us:

phone: +1 849 9370815


Join Us in Just 1 Minute!

متاتریدر 4
متاتریدر 5

USD/CAD: Trading the Monthly GDP Report (March 28, 2013)

USD/CAD is currently consolidating above the 1.0150 minor psychological support level as traders await the release of the monthly GDP reading for January.

The figure is expected to rebound by 0.1% from the -0.2% reading seen last December.


A stronger than expected reading could trigger a downside breakout to the next support level around 1.0115 or possibly until the 1.0100 major psychological level, depending on how positive the actual reading is.

On the other hand, a weaker than expected figure could trigger an upside breakout by USD/CAD. This could push the pair back to the 1.0200 major psychological level, which has acted as support in the past.

By Kate Curtis from Trader's Way

Any Questions?
Email Us:
قیمت ها
Instrument Bid Ask Spread
Instrument Bid Ask Spread
Instrument Bid Ask Spread
Instrument Bid Ask Spread

Stellar Lumens (XLM) now accepted for deposits and withdrawals

Trader's Way accepts Stellar Lumens (XLM) for deposits and withdrawals into all trading accounts.

Learn more

2021 Independence Day Holiday Trading Schedule

Due to the Independence Day holiday in the United States, the following instruments will close at the follo...

Learn more