| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 74% | 74% | 0.0% |
| Shorts | 26% | 26% | 0.0% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Buy | Buy |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Buy | Neutral | Neutral |
| Alligator(13;8;5) | Sell | Buy | Neutral |
| SAR(0.02;0.2) | Sell | Sell | Buy |
| Aggregate | ⇘ | ⇒ | ⇗ |
On Friday, the US Dollar declined by 92 pips or 0.72% against the Canadian Dollar. The currency pair breached the 50– and 200– hour simple moving averages during Friday's trading session.
Technical indicators suggest selling signals on the 4H time-frame chart. Therefore, the USD/CAD exchange rate could continue to edge lower during the following trading session.
However, sellers could encounter support at the 1.2518 level within Monday's trading session.