| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 47% | 42% | 10.1% |
| Shorts | 53% | 58% | -9.0% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Sell | Buy |
| RSI(14) | Buy | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Buy | Neutral |
| Alligator(13;8;5) | Sell | Sell | Buy |
| SAR(0.02;0.2) | Buy | Sell | Sell |
| Aggregate | ⇒ | ⇘ | ⇒ |
The US Dollar has been trading between the range of 1.3818/1.3734 against the Canadian Dollar since Wednesday's trading sessions.
Currently, the exchange rate is testing the upper line of a falling wedge pattern at 1.3787.
A breakout could occur within this session. If this breakout occurs, a surge towards the 1.3850 level could be expected today.
However, if the falling wedge pattern holds, bearish traders would continue to dominate the USD/CAD currency exchange rate during the following trading session.