| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 40% | 41% | -4.1% |
| Shorts | 60% | 59% | 2.7% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Buy | Sell | Buy |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Buy | Sell | Neutral |
| SAR(0.02;0.2) | Buy | Sell | Sell |
| Aggregate | ⇗ | ⇘ | ⇒ |
[ANNOUNCE]The US Dollar has surged by 94 pips or 0.70% against the Canadian Dollar since last week Thursday. The currency pair traded near the 100– and 200– hour SMAs during Friday's trading session.[/ANNOUNCE]
As for the near future, the exchange rate could continue to edge higher. The potential target for the USD/CAD pair would be at the weekly resistance level at the 1.3649 area.
However, if the currency exchange rate breaks the 100– and 200– hour simple moving averages, a decline towards the 1.3540 level could be expected during the following trading session.