| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 57% | 62% | -7.8% |
| Shorts | 43% | 38% | 10.6% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Buy | Sell | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Buy |
| Alligator(13;8;5) | Buy | Sell | Sell |
| SAR(0.02;0.2) | Sell | Buy | Sell |
| Aggregate | ⇒ | ⇒ | ⇘ |
The US Dollar declined by 43 basis points against the Canadian Dollar on Wednesday. The decline was stopped by the weekly pivot point at 1.3036 during yesterday's trading session.
A breakout occurred through the lower boundary of an ascending channel pattern at 1.3040 during the morning hours of Thursday's trading session.
Given that a breakout had occurred, a decline towards the psychological support level at 1.3000 could be expected.
However, a support level formed by the 200– hour simple moving average at 1.3033 could provide support for the currency exchange rate today.