USD/CAD buy signals

Note: This section contains information in English only.
Source: Dukascopy Bank SA
PositionsTodayYesterdayChange
Longs30%27%8.0%
Shorts70%73%-3.3%
Indicator4H1D1W
MACD(12;26;9)BuyBuySell
RSI(14)NeutralNeutralNeutral
Stochastic(5;3;3)NeutralNeutralSell
Alligator(13;8;5)NeutralBuyNeutral
SAR(0.02;0.2)BuyBuySell
Aggregate⇗⇗⇘

[ANNOUNCE]The US Dollar traded between the range of 1.3298/1.3279 against the Canadian Dollar on Thursday. The currency pair tested the lower boundary of an ascending channel pattern at 13280 during the European trading session on Friday.[/ANNOUNCE]

If the bottom border of the channel pattern holds, the exchange rate is likely to make an upward reversal within this session. 

However, if the USD/CAD currency exchange rate breaks the ascending channel pattern, bearish traders could drag the price towards a swing low at the 1.3260 area today.

Actual Topics