| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 30% | 26% | 14.7% |
| Shorts | 70% | 74% | -6.4% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Buy | Buy | Buy |
| RSI(14) | Neutral | Sell | Neutral |
| Stochastic(5;3;3) | Neutral | Sell | Neutral |
| Alligator(13;8;5) | Buy | Buy | Buy |
| SAR(0.02;0.2) | Sell | Buy | Buy |
| Aggregate | ⇒ | ⇒ | ⇗ |
The 50– hour simple moving average guided the US Dollar against the Canadian Dollar on Monday. The currency pair made about 180 pips or 1.35% in value during yesterday's trading session.
Everything being equal, the exchange rate will most likely continue to edge higher. A breakout through the upper boundary of a junior ascending channel pattern could occur within this session.
If the junior ascending channel holds, the currency exchange rate would make a brief downside retracement during the following trading session.