Positions | Today | Yesterday | Change |
---|---|---|---|
Longs | 73% | 72% | 1.1% |
Shorts | 27% | 28% | -3.0% |
Indicator | 4H | 1D | 1W |
MACD(12;26;9) | Sell | Buy | Sell |
RSI(14) | Neutral | Neutral | Neutral |
Stochastic(5;3;3) | Neutral | Buy | Neutral |
Alligator(13;8;5) | Sell | Buy | Neutral |
SAR(0.02;0.2) | Sell | Buy | Buy |
Aggregate | ⇘ | ⇑ | ⇒ |
On Tuesday, the US Dollar declined by 72 pips or 0.57% against the Canadian Dollar. The USD/CAD currency pair tested the 1.2581 level during yesterday's trading session.
Technical indicators suggest buying signals on the daily time-frame chart. Most likely, the USD/CAD exchange rate could edge higher during the following trading session.
However, bullish traders might encounter a resistance cluster at 1.2655 within Wednesday's session.