Positions | Today | Yesterday | Change |
---|---|---|---|
Longs | 36% | 42% | -16.9% |
Shorts | 64% | 58% | 9.6% |
Indicator | 4H | 1D | 1W |
MACD(12;26;9) | Buy | Sell | Buy |
RSI(14) | Neutral | Neutral | Neutral |
Stochastic(5;3;3) | Sell | Neutral | Neutral |
Alligator(13;8;5) | Neutral | Sell | Neutral |
SAR(0.02;0.2) | Buy | Sell | Sell |
Aggregate | ⇒ | ⇘ | ⇒ |
The US Dollar surged by 82 points or 0.60% against the Canadian Dollar on Tuesday. The currency pair tested the weekly pivot point, as predicted during yesterday's trading session.
All things being equal, the USD/CAD exchange rate could slide lower within the following trading session. The potential target for bearish traders will be at the monthly pivot point at 1.3563.
Although, a possible upside reversal could occur from the 1..3580 within Wednesday's trading session.