| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 69% | 72% | -4.4% |
| Shorts | 31% | 28% | 9.8% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Sell | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Buy |
| Alligator(13;8;5) | Sell | Sell | Sell |
| SAR(0.02;0.2) | Buy | Sell | Sell |
| Aggregate | ⇒ | ⇘ | ⇘ |
Since Monday's trading session, the US Dollar has appreciated about 80 base points against the Canadian Dollar. The currency pair breached both the 50-, 100– and 200– hour SMAs during yesterday's session.
Everything being equal, it is likely that the USD/CAD exchange rate could aim for the 1.3195 area within this session.
However, the currency exchange rate needs to surpass a resistance line formed by the weekly R1 at 1.3137 during the following trading session.
Meanwhile, technical indicators suggest that the pair might make a downside reversal today.