Positions | Today | Yesterday | % Change | |
Longs | 55% | 57% | -3.64% | |
Shorts | 45% | 43% | 4.44% | |
Indicator | 4H | 1D | 1W | |
MACD (12; 26; 9) | Buy | Buy | Buy | |
RSI (14) | Neutral | Neutral | Neutral | |
Stochastic (5; 3; 3) | Neutral | Neutral | Neutral | |
Alligator (13; 8; 5) | Buy | Buy | Buy | |
SAR (0.02; 0.2) | Sell | Buy | Sell | |
Aggregate | ⇒ | ⇗ | ⇒ |
The USD/CAD currency pair re-tested the resistance cluster formed by a combination of the weekly R2 and the monthly R1 near 1.3200.
Currently, the pair is trying to breach a support level formed by the weekly R1 at the 1.3128 mark. Two scenarios are likely to occur within this session. First, the pair could aim for the 200-hour SMA at 1.3061.
Second, given that technical indicators flash bullish signals in the short term, the pair could re-test given resistance cluster in the nearest future.