| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Buy | Sell | Buy |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Buy | Neutral | Neutral |
| Alligator(13;8;5) | Buy | Sell | Buy |
| SAR(0.02;0.2) | Buy | Buy | Sell |
| Aggregate | ⇑ | ⇒ | ⇒ |
The Canadian Dollar has surged by 1.34% against the Japanese Yen since May 28. The currency pair tested a resistance line at 91.10 during yesterday's trading session.
Technical indicators suggest buying signals on the 4H, daily and weekly time-frame charts. The exchange rate is likely to continue to trend bullish during the following trading sessions.
However, the resistance level at 91.19 could provide resistance for the CAD/JPY currency exchange rate this week.