| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 36% | 46% | -26.1% |
| Shorts | 64% | 54% | 15.0% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Sell | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Buy | Buy | Neutral |
| Alligator(13;8;5) | Sell | Sell | Sell |
| SAR(0.02;0.2) | Sell | Sell | Buy |
| Aggregate | ⇘ | ⇘ | ⇒ |
Since Wednesday's trading session, the US Dollar has surged by about 125 basis points against the Canadian Dollar. The currency pair breached both the 50-, 100– and 200– hour SMAs during on Wednesday.
Everything being equal, the USD/CAD exchange rate will most likely make a brief retracement down, towards a support cluster formed by the 50-, 100– and 200– hour SMAs at 1.3259 during the following trading session.
On the other hand, the currency exchange rate might continue its upside momentum within the following hours of trading.