CFDs are complex financial products and come with a high risk of losing money.

73.8% of retail client accounts lose money trading CFDs with this provider.

You should consider whether you can afford to take the high risk of losing your money.

Webinars Live market analysis

Live market review with OANDA

This 30-minute webinar is hosted by an experienced trader, it will provide you with insight that you need to trade FX CFDs strategically.

What we'll cover:

Join market analysis webinars for a live market update and analysis on the recent price movements of the major currency pairs.

Dates

The CAD’s conundrum

Author: Toby Genaro Toby Genaro

With the USD/CAD rallying in recent months, the loonie sunk to a multi-year low. And with political uncertainty dampening investors’ enthusiasm for the Canadian dollar, the uncertain outlook has some traders sitting on the sidelines. Yet, with candlestick analysis providing insights into key support and resistance zones, it can help uncover areas where the risk-reward outlook is more favourable. But, how is the strategy implemented in real-time?

In this webinar, we’ll explain:

  • How traders use candlestick analysis to draw conclusions
  • Whether intra-period or closing prices deserve more attention
  • How to draw trendlines and estimate the USD/CAD’s support and resistance
  • The importance of stop-loss orders to help limit drawdowns

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Hosted by

Author: Toby Genaro

Toby Genaro

Market Analyst at Trade With Precision

Toby has been analysing the markets for over 30 years and trades many different markets. Equities, forex, commodities along with many other instruments are part of his daily routine while combining both technical and fundamental analysis to drive his trading activity.

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