Positions | Today | Yesterday | % Change | |
Longs | 71% | 72% | -1.41% | |
Shorts | 29% | 28% | 3.45% | |
Indicator | 4H | 1D | 1W | |
MACD (12; 26; 9) | Buy | Sell | Sell | |
RSI (14) | Sell | Neutral | Neutral | |
Stochastic (5; 3; 3) | Sell | Sell | Sell | |
Alligator (13; 8; 5) | Buy | Sell | Sell | |
SAR (0.02; 0.2) | Buy | Buy | Sell | |
Aggregate | ⇒ | ⇘ | ⇓ |
During the last 24 hours the US Dollar has not changed its positions much against the Canadian Dollar. The currency exchange rate remained near the weekly R2 at the middle of the day. The reason for that might be the fact that the markets were expecting the release of the Canadian GDP data. However, as the data was release, it finally allowed the currency exchange rate to decline, in accordance with the junior channel up pattern. It should be expected that the rate will either trade flat or decline until it confirms the lower trend line of the channel up pattern. Likely that will occur, when the 55-hour SMA catches up with the pair.