Positions | Today | Yesterday | Change |
Longs | 38% | 38% | 0.0% |
Shorts | 62% | 62% | 0.0% |
Indicator | 4H | 1D | 1W |
MACD(12;26;9) | Sell | Sell | Buy |
RSI(14) | Neutral | Neutral | Neutral |
Stochastic(5;3;3) | Sell | Neutral | Neutral |
Alligator(13;8;5) | Sell | Sell | Buy |
SAR(0.02;0.2) | Buy | Sell | Sell |
Aggregate | ⇘ | ⇘ | ⇒ |
The US Dollar appreciated about 85 base points against the Canadian Dollar on Monday. The currency pair breached a resistance cluster formed by a weekly pivot point and the 50– and 100-hour SMAs at 1.3183 during Monday's trading session.
A breakout occurred through the upper boundary of a medium-term descending channel at 1.3200 during the first half of today's trading session.
Given that a breakout had occurred, it is likely that the will target a resistance level at 1.3236 within this session.
However, it is important to note that the 200-hour simple moving average at 1.3219 could hinder such movement today.