| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 60% | 51% | 16.0% |
| Shorts | 40% | 49% | -24.4% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Sell | Buy |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Buy | Neutral |
| Alligator(13;8;5) | Sell | Sell | Buy |
| SAR(0.02;0.2) | Sell | Sell | Sell |
| Aggregate | ⇘ | ⇘ | ⇒ |
On Thursday, the US Dollar declined by 51 pips or 0.40% against the Canadian Dollar. The currency pair tested the support level at 1.2532 during Thursday's trading session.
Everything being equal, the exchange rate could continue to edge lower in a descending channel pattern during the following trading session. The potential target for sellers will be near the 1.2498 level.
However, the USD/CAD currency exchange rate could encounter support at 1.2532 within this session.