Positions | Today | Yesterday | % Change | |
Longs | 64% | 52% | 18.75% | |
Shorts | 36% | 48% | -33.33% | |
Indicator | 4H | 1D | 1W | |
MACD (12; 26; 9) | Sell | Sell | Buy | |
RSI (14) | Neutral | Neutral | Neutral | |
Stochastic (5; 3; 3) | Neutral | Buy | Neutral | |
Alligator (13; 8; 5) | Sell | Sell | Neutral | |
SAR (0.02; 0.2) | Sell | Sell | Sell | |
Aggregate | ⇘ | ⇘ | ⇒ |
No significant changes occurred to the US Dollar against the Canadian Dollar on Monday. The currency pair was trading sideways during the previous session.
The USD/CAD exchange rate is presently trading near a support cluster formed by the weekly and the monthly PPs at 1.2786. This support level could push the rate towards the 200-hour simple moving average at 1.2938 within this session.
However, a resistance line formed by the weekly pivot point at 1.2849 and the 50-hour SMA at 1.2857 could hinder the currency exchange rate from reaching its target today.