| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 37% | 35% | 5.1% |
| Shorts | 63% | 65% | -3.0% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Buy | Buy |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Buy | Neutral | Neutral |
| Alligator(13;8;5) | Sell | Buy | Buy |
| SAR(0.02;0.2) | Sell | Buy | Sell |
| Aggregate | ⇘ | ⇗ | ⇒ |
The US Dollar depreciated against the Canadian Dollar, following the Canadian GDP release on Friday at 12:30 GMT. The USD/CAD currency pair lost 54 pips or 0.40% right after the release. The US Dollar continued trading at the 1.3370 level against the Canadian Dollar.
The Statistics Canada released the Canadian GDP data, which came better-than-expected of 0.3% compared with forecasted 0.1%.
By and large, it is likely that the Greenback regain some of its lost positions within this session. Bulls could push the currency exchange rate towards a resistance cluster formed by the 50– and 100-hour SMAs at 1.3400.