| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 45% | 51% | -13.1% |
| Shorts | 55% | 49% | 10.6% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Sell | Buy |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Buy | Buy | Neutral |
| Alligator(13;8;5) | Sell | Sell | Buy |
| SAR(0.02;0.2) | Buy | Sell | Buy |
| Aggregate | ⇒ | ⇘ | ⇗ |
[ANNOUNCE]The US Dollar has been trading in a horizontal channel against the Canadian Dollar since June 20. The currency pair tested the upper boundary of the channel pattern at 1.3229 on Friday.
[/ANNOUNCE]
Everything being equal, it is likely that the USD/CAD exchange rate could maintain the horizontal channel pattern within this session. The pair is gradually moving towards the bottom border of the pattern.
Meanwhile, technical indicators demonstrate that a breakout through the lower boundary of the horizontal channel could occur during the following trading session.