Trading the Trend: Long USD/CAD

Axel Rudolph believes that #USDCAD is once more bottoming out, so plots his trade around it

*Your capital is at risk. 75% of retail CFD accounts lose money*

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Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% of retail investor accounts lose money when trading spread bets and CFDs with this provider†. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money. Professional clients can lose more than they deposit.

* Based on revenue excluding FX (published financial statements, February 2022).
† For the 12 months preceding 1 April 2022.