Our team has over 7,000,000 traders!
Every day we work together to improve trading. We get high results and move forward.
Recognition by millions of traders all over the world is the best appreciation of our work! You made your choice and we will do everything it takes to meet your expectations!
We are a great team together!
InstaSpot. Proud to work for you!
Actor, UFC 6 tournament champion and a true hero!
The man who made himself. The man that goes our way.
The secret behind Taktarov's success is constant movement towards the goal.
Reveal all the sides of your talent!
Discover, try, fail - but never stop!
InstaSpot. Your success story starts here!
The USD/CAD pair maintained its offered tone through the early European session and was last seen hovering near daily lows, around the 1.2475-70 region. The US Dollar declined by 38 pips or 0.30% against the Canadian Dollar on Thursday. The USD/CAD currency pair found support at 1.2476 during yesterday's trading session.
From a technical perspective, the USD/CAD pair, so far, has been struggling to register any meaningful recovery or find acceptance above the 1.2500 psychological mark. This, in turn, suggests that the bearish pressure might still be far from being over. A subsequent fall below the 1.2460 region (weekly lows) will add credence to the negative outlook and set the stage for further weakness.
If the exchange rate breaks the support level at 1.2460, bearish traders are likely to pressure the price lower towards the 1.2420 area during the following trading sessionHowever, if the support line holds, the currency exchange rate might aim for the 1.2580 area today.
*এখানে পোস্ট করা মার্কেট বিশ্লেষণ আপনার সচেতনতা বৃদ্ধির জন্য প্রদান করা হয়, ট্রেড করার নির্দেশনা প্রদানের জন্য প্রদান করা হয় না।
ইন্সটাফরেক্স বিশ্লেষণমূলক পর্যালোচনাগুলো আপনাকে মার্কেট প্রবণতা সম্পর্কে পুরোপুরি সচেতন করবে! ইন্সটাফরেক্সের একজন গ্রাহক হওয়ায়, দক্ষ ট্রেডিং এর জন্য আপনাকে অনেক সেবা বিনামূল্যে প্রদান করা হয়।
