| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 42% | 36% | 16.1% |
| Shorts | 58% | 64% | -11.8% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Buy | Buy | Buy |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Buy | Neutral | Neutral |
| Alligator(13;8;5) | Buy | Buy | Buy |
| SAR(0.02;0.2) | Sell | Sell | Buy |
| Aggregate | ⇗ | ⇒ | ⇗ |
The US Dollar depreciated about 55 base points against the Canadian Dollar on Friday. The currency pair breached the 50-hour simple moving average at 1.3443 during Friday's trading session.
Currently, the exchange rate is testing a support level formed by the 50.00% Fibonacci retracement level at 1.3430.
If the 50.00% Fibo level holds, a surge towards a swing high of 1.3503 could occur in the nearest future.
However, if the currency exchange rate passes the support line, the pair might continue its decline within this session.