| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 74% | 75% | -1.5% |
| Shorts | 26% | 25% | 4.3% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Sell | Sell |
| RSI(14) | Buy | Neutral | Neutral |
| Stochastic(5;3;3) | Buy | Buy | Neutral |
| Alligator(13;8;5) | Sell | Sell | Sell |
| SAR(0.02;0.2) | Sell | Sell | Sell |
| Aggregate | ⇒ | ⇘ | ⇘ |
Upside risks dominated the US Dollar against the Canadian Dollar Tuesday. The USD/CAD currency pair has surged by 105 pips or 0.83% since yesterday's trading session.
Currently, the exchange rate is trading near a resistance cluster formed by the weekly pivot point and the 200– hour simple moving average at 1.2711.
If the resistance cluster holds, a decline towards the 1.2600 area could be expected today.
However, if the currency exchange rate breaks the cluster, bulls could pressure the price higher within this session.