Positions | Today | Yesterday | Change |
---|---|---|---|
Longs | 51% | 52% | -1.8% |
Shorts | 49% | 48% | 1.8% |
Indicator | 4H | 1D | 1W |
MACD(12;26;9) | Buy | Sell | Sell |
RSI(14) | Neutral | Neutral | Neutral |
Stochastic(5;3;3) | Neutral | Neutral | Neutral |
Alligator(13;8;5) | Buy | Neutral | Sell |
SAR(0.02;0.2) | Sell | Buy | Sell |
Aggregate | ⇒ | ⇒ | ⇘ |
The US Dollar depreciated about 48 base points against the Canadian Dollar on Tuesday. The decline was stopped by a support level formed by the weekly pivot point at 1.3136.
It is likely that the USD/CAD exchange rate could bounce off a support cluster formed by the weekly PP and the 200-hour simple moving average at 1.3136 within the following trading session.
However, the 50– and 100-hour SMAs at 1.3162 might provide resistance for the currency exchange rate during the following hours.