| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 65% | 64% | 1.2% |
| Shorts | 35% | 36% | -2.1% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Sell | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Buy |
| Alligator(13;8;5) | Neutral | Sell | Sell |
| SAR(0.02;0.2) | Buy | Sell | Sell |
| Aggregate | ⇒ | ⇘ | ⇘ |
The US Dollar declined about 0.40% in value against the Canadian Dollar on Wednesday. The currency pair was pressured by the 200-hour simple moving average during yesterday's trading session.
The exchange rate was stranded between SMAs during the European trading session on Thursday. The 50-hour SMA at 1.3960 was providing resistance, while the 100-hour SMA was providing support for the pair at 1.3049.
By and large, a breakout could occur within this session. Most likely, the USD/CAD currency exchange rate will continue its southern movement during the following trading session.