| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 55% | 54% | 1.4% |
| Shorts | 45% | 46% | -1.7% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Sell | Sell |
| RSI(14) | Neutral | Buy | Neutral |
| Stochastic(5;3;3) | Neutral | Buy | Buy |
| Alligator(13;8;5) | Sell | Sell | Sell |
| SAR(0.02;0.2) | Sell | Sell | Sell |
| Aggregate | ⇘ | ⇒ | ⇘ |
During the previous trading session, the US Dollar depreciated about 40 base points against the Canadian Dollar. The currency pair was pressured south by the 50-hour simple moving average.
The exchange rate breached a resistance level formed by the downtrend line at 1.3061 during the first half of Friday's trading session.
By and large, it is likely that the USD/CAD currency exchange rate will aim for the 200– hour SMA at 1.3112 today.
However, the US Non-Farm payroll data releases scheduled at 12:30GMT could influence the positioning of the pair in the coming hours.