| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 73% | 74% | -2.4% |
| Shorts | 27% | 26% | 6.4% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Buy | Sell | Sell |
| RSI(14) | Neutral | Neutral | Buy |
| Stochastic(5;3;3) | Sell | Neutral | Neutral |
| Alligator(13;8;5) | Buy | Neutral | Sell |
| SAR(0.02;0.2) | Buy | Buy | Sell |
| Aggregate | ⇗ | ⇒ | ⇘ |
The USD/CAD currency pair bounced off the 200– hour simple moving average at 1.2084 on Friday. As a result, the exchange rate surged by 87 pips or 0.72% during Friday's trading session.
Technical indicators suggest buying signals on the 4H time-frame chart. Most likely, bullish traders could continue to drive the exchange rate higher during Monday's trading session.
However, bullish traders might encounter a resistance level at 1.2171 within this session.