Positions | Today | Yesterday | Change |
Longs | 34% | 34% | 0.0% |
Shorts | 66% | 66% | 0.0% |
Indicator | 4H | 1D | 1W |
MACD(12;26;9) | Sell | Sell | Buy |
RSI(14) | Neutral | Neutral | Neutral |
Stochastic(5;3;3) | Buy | Neutral | Neutral |
Alligator(13;8;5) | Neutral | Sell | Buy |
SAR(0.02;0.2) | Sell | Buy | Sell |
Aggregate | ⇒ | ⇒ | ⇒ |
During the past 24 hours of trading, the US Dollar has lost about 0.64% in values against the Canadian Dollar. The currency pair breached the lower boundary of an ascending channel pattern during the Asian session on Monday.
Given that a breakout had occurred, it is likely that the exchange rate continues its decline within this session. Bears could push the USD/CAD currency pair towards the 1.3200 mark.
Although, the currency exchange rate could reserve from the current price level and aim for a re-tests of the lower boundary of the channel pattern at 1.3251 within this session.