Positions | Today | Yesterday | Change |
---|---|---|---|
Longs | 62% | 61% | 1.3% |
Shorts | 38% | 39% | -2.1% |
Indicator | 4H | 1D | 1W |
MACD(12;26;9) | Sell | Sell | Sell |
RSI(14) | Neutral | Buy | Neutral |
Stochastic(5;3;3) | Neutral | Neutral | Buy |
Alligator(13;8;5) | Sell | Sell | Sell |
SAR(0.02;0.2) | Buy | Sell | Sell |
Aggregate | ⇒ | ⇘ | ⇘ |
The US Dollar traded sideways against the Canadian Dollar on Friday. The currency pair traded the weekly pivot point at 1.3010 during Friday's trading session.
Everything being equal, the USD/CAD exchange rate will most likely continue to trade below the weekly PP during the following trading session.
Technical indicators flash sell signals on the daily time-frame. Therefore, the currency exchange rate might edge lower today.
However, bulls could drive the price slightly higher during the following trading session.