Positions | Today | Yesterday | Change |
---|---|---|---|
Longs | 45% | 45% | 0.7% |
Shorts | 55% | 55% | -0.6% |
Indicator | 4H | 1D | 1W |
MACD(12;26;9) | Sell | Sell | Buy |
RSI(14) | Buy | Buy | Neutral |
Stochastic(5;3;3) | Buy | Buy | Neutral |
Alligator(13;8;5) | Sell | Sell | Buy |
SAR(0.02;0.2) | Sell | Sell | Buy |
Aggregate | ⇒ | ⇒ | ⇗ |
The US Dollar depreciated about 103 base points against the Canadian Dollar on Friday. The decline was stopped by a support level formed by the monthly S2 at 1.3273 at the end of Friday's trading session.
Everything being equal, it is likely that the USD/CAD currency pair will make a brief retracement towards a resistance cluster formed by the combination of the 50-hour simple moving average and the weekly pivot point at 1.3351 during the following trading session.
However, technical indicators flash sell signals on both the smaller and the larger time-frame charts.