| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 43% | 40% | 7.9% |
| Shorts | 57% | 60% | -6.0% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Buy | Buy |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Sell | Buy | Buy |
| SAR(0.02;0.2) | Sell | Sell | Buy |
| Aggregate | ⇘ | ⇒ | ⇗ |
The US Dollar traded with low volatility against the Canadian Dollar on Monday. The currency pair breached the lower boundary of a medium-term ascending channel pattern at 1.3420.
A breakout through the bottom border of the medium-term descending channel pattern could be expected within this session.
If this breakout occurs, a decline towards the weekly and the monthly pivot points at 1.3395 might be the target.
However, if the channel pattern holds, the currency exchange rate could aim for a resistance level formed by the 50-, 100– and 200-hour SMAs at 1.3448 today.