| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 45% | 43% | 4.1% |
| Shorts | 55% | 57% | -3.4% |
| 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 | Neutral | Sell |
| SAR(0.02;0.2) | Sell | Sell | Buy |
| Aggregate | ⇘ | ⇘ | ⇒ |
The US Dollar depreciated about 62 basis points against the Canadian Dollar on Friday. The decline was stopped by a support level formed by the monthly S1 at 1.3208 during the previous session.
Everything being equal, the USD/CAD exchange rate will most likely continue to decline today. The currency pair might pass the support cluster at 1.3205 within this session.
However, if the support cluster holds, a brief retracement towards the 50– and 100– hour SMAs at 1.3255 could be expected during the following trading session.