| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 53% | 52% | 2.0% |
| Shorts | 47% | 48% | -2.2% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Sell | Buy |
| RSI(14) | Buy | Buy | Neutral |
| Stochastic(5;3;3) | Neutral | Buy | Neutral |
| Alligator(13;8;5) | Sell | Sell | Buy |
| SAR(0.02;0.2) | Sell | Sell | Sell |
| Aggregate | ⇘ | ⇒ | ⇒ |
[ANNOUNCE]The US Dollar declined by 95 basis points or 0.70% against the Canadian Dollar on Tuesday. The currency pair breached the weekly S2 at 1.3536 during yesterday's trading session. [/ANNOUNCE]
Most likely, the exchange rate will continue to edge lower during the following trading session. Moreover, technical indicators flash selling signals on both the smaller and the larger time-frame charts.
However, the currency exchange rate is expected to make a brief pullback towards the 50– hour simple moving average at 1.3570 within the next 24 hours.