Positions | Today | Yesterday | Change |
---|---|---|---|
Longs | 61% | 59% | 3.8% |
Shorts | 39% | 41% | -6.0% |
Indicator | 4H | 1D | 1W |
MACD(12;26;9) | Sell | Sell | Buy |
RSI(14) | Buy | Buy | Neutral |
Stochastic(5;3;3) | Neutral | Buy | Buy |
Alligator(13;8;5) | Sell | Sell | Buy |
SAR(0.02;0.2) | Sell | Sell | Sell |
Aggregate | ⇘ | ⇒ | ⇗ |
The US Dollar traded sideways against the Canadian Dollar on Thursday. The USD/CAD currency pair consolidated below the 1.3550 level during yesterday's trading session.
Technical indicators flash sell signals on both the smaller and the larger time-frame charts. Therefore, bearish traders could pressure the exchange rate lower during the following trading session.
However, Friday's US Non-Farm Payroll data releases scheduled at 12:30 GMT could determine the movement of the currency exchange rate.