Positions | Today | Yesterday | Change |
Longs | 25% | 31% | -22.7% |
Shorts | 75% | 69% | 7.7% |
Indicator | 4H | 1D | 1W |
MACD(12;26;9) | Buy | Sell | Buy |
RSI(14) | Sell | Neutral | Neutral |
Stochastic(5;3;3) | Sell | Neutral | Neutral |
Alligator(13;8;5) | Buy | Sell | Buy |
SAR(0.02;0.2) | Buy | Sell | Sell |
Aggregate | ⇒ | ⇘ | ⇒ |
The US Dollar appreciated about 94 base points against the Canadian Dollar on Wednesday. The exchange rate breached the 200-hour simple moving average at 1.3177 during yesterday's trading session.
The currency pair was moving towards the upper boundary of a junior ascending channel during the first half of Thursday's session.
Most likely, the currency exchange rate will aim at a swing high of 1.3302 during the following trading session.
However, a resistance level formed by the upper boundary of the channel pattern at 1.3250 could prevent such a scenario to occur.