| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 41% | 41% | -1.0% |
| Shorts | 59% | 59% | 0.7% |
| 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) | Buy | Sell | Sell |
| Aggregate | ⇑ | ⇒ | ⇒ |
[ANNOUNCE]Downside sentiment has prevailed in the market since the previous trading session. Thus, allowing the US Dollar to edged lower about 91 base points against the Canadian Dollar.[/ANNOUNCE]
Everything being equal, most likely, the USD/CAD currency pair will continue its bearish momentum today. Bears could drag the exchange rate towards a support level formed by the weekly S1 at 1.3276 during the following session.
However, technical indicators flash strong buy signals on the 4(H) time-frame chart. Therefore, the monthly pivot point at 1.3317 could provide support for the currency exchange rate within this trading session.