Positions | Today | Yesterday | % Change | |
Longs | 61% | 59% | 3.28% | |
Shorts | 39% | 41% | -5.13% | |
Indicator | 4H | 1D | 1W | |
MACD (12; 26; 9) | Sell | Sell | Sell | |
RSI (14) | Buy | Neutral | Neutral | |
Stochastic (5; 3; 3) | Neutral | Neutral | Buy | |
Alligator (13; 8; 5) | Sell | Sell | Neutral | |
SAR (0.02; 0.2) | Sell | Sell | Buy | |
Aggregate | ⇘ | ⇘ | ⇒ |
There is not much to mention in regards to the development on the USD/CAD currency pair's charts. The pair continues to decline in the previously marked channel down pattern, as the US Dollar continues to lose strength.
The pair had slightly stopped at the few support levels near the 1.2580 mark, but they did not reverse the direction or hold out for long.
By the middle of Friday the pair was expected to reach the 1.25 mark. The reason for that was the fact that only below that mark the closest support levels are located.