| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 72% | 55% | 23.5% |
| Shorts | 28% | 45% | -61.1% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Sell | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Buy |
| Alligator(13;8;5) | Sell | Sell | Sell |
| SAR(0.02;0.2) | Buy | Sell | Sell |
| Aggregate | ⇒ | ⇘ | ⇘ |
[ANNOUNCE]The US Dollar skyrocketed by 81 base points against the Canadian Dollar on Friday. The surge occurred after the US employment rate data release during Friday's trading session.[/ANNOUNCE]
However, after hitting the weekly R1 at 1.3137, the currency pair made a U-turn south.
By and large, it is likely that the USD/CAD exchange rate could make an upside movement today. The potential target will be at 1.3120.
Although, technical indicators suggest the currency exchange rate might continue its downward movement today.