| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 70% | 69% | 2.1% |
| Shorts | 30% | 31% | -4.9% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Buy | Sell | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Buy |
| Alligator(13;8;5) | Buy | Sell | Sell |
| SAR(0.02;0.2) | Sell | Buy | Sell |
| Aggregate | ⇒ | ⇒ | ⇘ |
On Thursday, the US Dollar declined by 49 pips or 0.40% against the Canadian Dollar. The currency pair was pressured by the 50– hour simple moving average during yesterday's trading session.
Technical indicators suggest selling signals on the weekly time-frame chart. Most likely, the USD/CAD exchange rate could continue to decline within the following trading session.
However, if the currency exchange rate breaks the 200– hour SMA resistance level, a surge towards the 1.2400 area could be expected today.