| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 73% | 70% | 4.3% |
| Shorts | 27% | 30% | -11.9% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Buy | Sell | Sell |
| RSI(14) | Neutral | Neutral | Buy |
| Stochastic(5;3;3) | Buy | Neutral | Buy |
| Alligator(13;8;5) | Buy | Sell | Sell |
| SAR(0.02;0.2) | Sell | Buy | Sell |
| Aggregate | ⇗ | ⇒ | ⇒ |
[ANNOUNCE]During Monday's trading session, the US Dollar declined by 39 pips or 0.32% against the Canadian Dollar. The currency pair breached the 200– hour simple moving average on Monday.[/ANNOUNCE]
The exchange rate is currently trading near the lower boundary of an ascending channel pattern at 1.2083.
If the channel pattern holds, the USD/CAD pair could target the weekly resistance level at 1.2133 today.
However, if the currency exchange rate breaks the ascending channel pattern, a decline towards the weekly support line at 1.2020 in this session.