Positions | Today | Yesterday | Change |
---|---|---|---|
Longs | 53% | 57% | -7.6% |
Shorts | 47% | 43% | 8.5% |
Indicator | 4H | 1D | 1W |
MACD(12;26;9) | Buy | Sell | Sell |
RSI(14) | Neutral | Neutral | Neutral |
Stochastic(5;3;3) | Neutral | Sell | Neutral |
Alligator(13;8;5) | Buy | Neutral | Sell |
SAR(0.02;0.2) | Sell | Buy | Sell |
Aggregate | ⇒ | ⇒ | ⇘ |
During the past 24 hours of trading, the US Dollar has depreciated about 0.45% in value against the Canadian Dollar. The 100-hour simple moving average provided support for the pair at 1.3108 during yesterday's session.
The currency pair is currently moving towards a resistance level formed by the weekly R3 at 1.3202.
If the resistance level holds, the exchange rate will make a brief retracement towards the 50-hour SMA at 1.3145 today.
However, technical indicators suggest that bears are likely to dominate the currency exchange rate within this session.