| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 25% | 29% | -14.8% |
| Shorts | 75% | 71% | 5.0% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Buy | Buy | Buy |
| RSI(14) | Sell | Neutral | Neutral |
| Stochastic(5;3;3) | Sell | Sell | Neutral |
| Alligator(13;8;5) | Buy | Buy | Buy |
| SAR(0.02;0.2) | Buy | Buy | Sell |
| Aggregate | ⇒ | ⇗ | ⇒ |
Upside risks pressured the USD/CAD currency pair on Friday. As a result, the US Dollar edged higher by 128 pips or 1.01% against the Canadian Dollar during Friday's trading session.
Everything being equal, the exchange rate could continue to edge higher. A breakout through the upper boundary of an ascending channel pattern could occur within this session.
However, if the channel pattern holds, the currency exchange rate could make a brief pullback towards the 1.2750 level during Monday's trading session.