| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 47% | 39% | 16.2% |
| Shorts | 53% | 61% | -14.1% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Buy | Sell | Buy |
| RSI(14) | Sell | Neutral | Neutral |
| Stochastic(5;3;3) | Sell | Sell | Neutral |
| Alligator(13;8;5) | Buy | Sell | Buy |
| SAR(0.02;0.2) | Buy | Buy | Buy |
| Aggregate | ⇒ | ⇘ | ⇗ |
The US Dollar traded sideways against the Canadian Dollar on Monday. The monthly pivot point at 1.3396 provided support for the exchange rate during yesterday's trading session.
A breakout from the sideways movement could be expected within this session. Technical indicators suggest an upside breakout.
If this upside breakout occurs, a surge towards the upper boundary of a junior ascending channel could be the target.
On the other hand, the currency exchange rate could continue to consolidate above the monthly PP at 1.3396 today.