Positions | Today | Yesterday | Change |
---|---|---|---|
Longs | 34% | 34% | 1.3% |
Shorts | 66% | 66% | -0.7% |
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) | Buy | Buy | Buy |
SAR(0.02;0.2) | Buy | Buy | Buy |
Aggregate | ⇗ | ⇗ | ⇗ |
During the first half of today's trading session, the US Dollar versus the Canadian Dollar broke a resistance level formed by the weekly pivot point at 1.3484. The Greenback continued to appreciating in an ascending channel pattern.
Most likely, the USD/CAD currency pair will surge towards a swing high of 1.3516 within this session. furthermore, technical indicators flash bullish signals on both the smaller and the larger time-frame charts.
However, Thursday's macroeconomic date releases scheduled at 12:30 GMT could change the overall positioning of the currency exchange rate.