| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 55% | 56% | -2.8% |
| Shorts | 45% | 44% | 3.3% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Buy | Buy | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Buy | Buy | Sell |
| SAR(0.02;0.2) | Buy | Buy | Buy |
| Aggregate | ⇗ | ⇗ | ⇒ |
The US Dollar gained about 37 pips or 0.28% against the Canadian Dollar on Tuesday. The 50– and 100– hour SMAs provided support for the currency pair during Tuesday's trading session.
Technical indicators flash buying signals on the 4-hour and daily time-frame chart. Most likely, the USD/CAD exchange rate could continue to edge higher during the following trading session.
However, a resistance level at the 1.3420 level could provide resistance for the currency exchange rate within this session.