| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 28% | 33% | -17.2% |
| Shorts | 72% | 67% | 6.6% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Buy | Buy |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Buy | Neutral | Sell |
| Alligator(13;8;5) | Sell | Buy | Buy |
| SAR(0.02;0.2) | Sell | Sell | Buy |
| Aggregate | ⇘ | ⇒ | ⇗ |
[ANNOUNCE]The US Dollar declined by 59 basis points or 0.44% against the Canadian Dollar on Monday. The currency pair breached the 50-, 100– and 200– hour SMAs during yesterday's trading session.[/ANNOUNCE]
By and large, the exchange rate will most likely continue to decline during the following trading session. The potential target for the USD/CAD pair will be at the weekly support level at 1.3340.
Although, the currency exchange rate could slide a bit higher towards the 50– hour simple moving average at 1.3407 today.