Positions | Today | Yesterday | Change |
---|---|---|---|
Longs | 64% | 64% | -0.3% |
Shorts | 36% | 36% | 0.6% |
Indicator | 4H | 1D | 1W |
MACD(12;26;9) | Sell | Sell | Sell |
RSI(14) | Neutral | Neutral | Neutral |
Stochastic(5;3;3) | Neutral | Neutral | Buy |
Alligator(13;8;5) | Neutral | Sell | Sell |
SAR(0.02;0.2) | Buy | Sell | Sell |
Aggregate | ⇒ | ⇘ | ⇘ |
The US Dollar appreciated about 69 base points against the Canadian Dollar on Tuesday. The currency pair tested the upper line of a descending trendline at 1.3092 at the end of yesterday's trading session.
After testing the upper line of the downtrend line, the exchange rate made a U-turn south. Currently, the pair is testing a support cluster formed by the 50– and 100-hour SMAs at 1.3054.
Technical indicators demonstrate that the USD/CAD currency exchange rate could continue its downward swing during the following trading session.