Positions | Today | Yesterday | Change |
---|---|---|---|
Longs | 54% | 60% | -11.3% |
Shorts | 46% | 40% | 13.3% |
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) | Buy | Buy | Sell |
Aggregate | ⇗ | ⇒ | ⇘ |
The US Dollar appreciated about 77 base points against the Canadian Dollar on Friday. After the currency pair tested the weekly R1 at 1.3108, the pair made a retracement down.
The 50-, 100– and 200-hour SMAs was pressuring the exchange rate lower during the first half of Monday's trading session.
The USD/CAD pair could aim for a support level formed by the weekly S1 at 1.3014 within this session.
If the support line holds, a potential upside reversal could occur today.