| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 74% | 73% | 1.7% |
| Shorts | 26% | 27% | -4.7% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Buy | Sell | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Buy |
| Alligator(13;8;5) | Buy | Sell | Sell |
| SAR(0.02;0.2) | Sell | Sell | Sell |
| Aggregate | ⇒ | ⇘ | ⇘ |
[ANNOUNCE]The US Dollar declined by 36 points or 0.28% against the Canadian Dollar on Tuesday. The currency pair breached the 50, 100– and 200– hour SMAs during Tuesday's trading session.
[/ANNOUNCE]
All things being equal, the exchange rate is likely to continue to edge lower in a narrow descending channel pattern. A breakout through the lower boundary of the descending channel could occur within this session.
However, if the channel pattern holds, the USD/CAD currency exchange rate could make a brief pullback towards the 1.2740 level today.