Positions | Today | Yesterday | % Change | |
Longs | 55% | 53% | 3.64% | |
Shorts | 45% | 47% | -4.44% | |
Indicator | 4H | 1D | 1W | |
MACD (12; 26; 9) | Sell | Buy | Buy | |
RSI (14) | Neutral | Neutral | Neutral | |
Stochastic (5; 3; 3) | Neutral | Neutral | Sell | |
Alligator (13; 8; 5) | Sell | Buy | Buy | |
SAR (0.02; 0.2) | Sell | Buy | Sell | |
Aggregate | ⇘ | ⇗ | ⇒ |
The US Dollar appreciated about 45 base points against the Canadian Dollar on Monday. The currency pair breached all three SMAs during the end of yesterday's trading session.
The exchange rate moved past a strong resistance level at 1.3115 during the middle of the European session on Tuesday.
Given that the currency exchange rate has dashed through that resistance line, the next target for the pair will be at a swing high of 1.3174 during the following trading session.
However, technical indicators suggest that a decline in price might occur within this session.