| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 72% | 74% | -2.9% |
| Shorts | 28% | 26% | 7.3% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Buy | Sell | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Buy | Sell | Sell |
| SAR(0.02;0.2) | Buy | Sell | Sell |
| Aggregate | ⇗ | ⇘ | ⇘ |
The US Dollar traded sideways against the Canadian Dollar on Wednesday. The currency pair made about 35 pips or 0.29% movement during yesterday's trading session.
Technical indicators suggest buying signals on the 4H time-frame chart. Most likely, the exchange rate could breakout from the consolidation zone at the 1.2711/1.2688 levels within this session.
However, the weekly pivot point at 1.2711 could still provide resistance for the currency exchange rate today.