Positions | Today | Yesterday | Change |
---|---|---|---|
Longs | 46% | 45% | 3.6% |
Shorts | 54% | 55% | -3.1% |
Indicator | 4H | 1D | 1W |
MACD(12;26;9) | Sell | Sell | Buy |
RSI(14) | Neutral | Neutral | Neutral |
Stochastic(5;3;3) | Buy | Buy | Neutral |
Alligator(13;8;5) | Sell | Sell | Buy |
SAR(0.02;0.2) | Buy | Sell | Buy |
Aggregate | ⇒ | ⇘ | ⇗ |
The US Dollar remained flat against the Canadian Dollar on Tuesday. The currency pair tested the bottom border of a horizontal channel pattern at the end of yesterday's trading session.
Given that the 50-, 100– and 200-hour SMAs are above the price level, it is likely that the USD/CAD currency pair will continue to trade south during the following trading session.
A breakout through the lower boundary of the horizontal channel is likely to occur within this session.