All trading involves risk. Losses can exceed deposits.

Charting FX: USD/CAD weakness expected amid eight-month channel

3 January 2017: IG analyst Joshua Mahony charts EUR/USD, GBP/USD, and USD/CAD. We have seen a long-term channel for USD/CAD, Josh is bearish unless we break above 13,457. Initial support can be found at 13,388.

Open an account today

It's free to open an account, takes less than five minutes, and there's no obligation to fund or trade.