Positions | Today | Yesterday | Change |
---|---|---|---|
Longs | 73% | 71% | 3.0% |
Shorts | 27% | 29% | -8.1% |
Indicator | 4H | 1D | 1W |
MACD(12;26;9) | Buy | Sell | Sell |
RSI(14) | Neutral | Neutral | Neutral |
Stochastic(5;3;3) | Neutral | Neutral | Neutral |
Alligator(13;8;5) | Buy | Neutral | Sell |
SAR(0.02;0.2) | Buy | Buy | Sell |
Aggregate | ⇗ | ⇒ | ⇘ |
The US Dollar has surged by 82 pips or 0.62% against the Canadian Dollar since yesterday's trading session. The currency pair breached a strong resistance line at the 1.3200 level.
The USD/CAD exchange rate is expected to make a pullback towards a support cluster formed by the 50– and 100– hour simple moving averages at 1.3181 within this session.
However, a support line at 1.3200 could provide support for the currency exchange rate in the shorter term.