| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 50% | 39% | 21.3% |
| Shorts | 50% | 61% | -21.2% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Buy | Buy | Buy |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Neutral | Buy | Buy |
| SAR(0.02;0.2) | Buy | Sell | Sell |
| Aggregate | ⇗ | ⇒ | ⇒ |
The US Dollar is gradually gaining strength against the Canadian Dollar. The currency pair has breached a resistance level formed by the 50-, 100– and 200-hour simple moving averages.
Everything being equal, it is likely that the USD/CAD currency pair will aim for a re-test of a swing high of 1.3400 during the following trading session.
On the other hand, the currency exchange rate could reverse from the current price level at 1.3367 and move past a support cluster formed by the combination of the 50-, 100– and 200 SMAs at 1.3358, the pair might end this week's trading session with a 150 base points decline.