USD/CAD traded flat

Note: This section contains information in English only.
Source: Dukascopy Bank SA
PositionsTodayYesterdayChange
Longs40%41%-4.1%
Shorts60%59%2.7%
Indicator4H1D1W
MACD(12;26;9)BuySellBuy
RSI(14)NeutralNeutralNeutral
Stochastic(5;3;3)NeutralNeutralNeutral
Alligator(13;8;5)BuySellNeutral
SAR(0.02;0.2)BuySellSell
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.

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