| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 74% | 64% | 14.3% |
| Shorts | 26% | 36% | -41.0% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Sell | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Sell | Sell | Sell |
| SAR(0.02;0.2) | Buy | Sell | Buy |
| Aggregate | ⇒ | ⇘ | ⇒ |
[ANNOUNCE]The US Dollar has declined by 80 pips or 0.63% against the Canadian Dollar since last Friday. The currency pair breached the support level at 1.2487 during the London session on Monday.[/ANNOUNCE]
Given that the exchange rate has breached the 1.2487 area, bearish traders are likely to continue to pressure the USD/CAD pair lower during the following trading session.
However, a support level at 1.2445 could provide support for the currency exchange rate within this session.