Positions | Today | Yesterday | Change |
---|---|---|---|
Longs | 48% | 44% | 9.0% |
Shorts | 52% | 56% | -8.3% |
Indicator | 4H | 1D | 1W |
MACD(12;26;9) | Sell | Buy | Buy |
RSI(14) | Neutral | Neutral | Neutral |
Stochastic(5;3;3) | Neutral | Buy | Neutral |
Alligator(13;8;5) | Sell | Buy | Buy |
SAR(0.02;0.2) | Buy | Buy | Sell |
Aggregate | ⇒ | ⇑ | ⇒ |
The Greenback versus the Canadian Dollar maintained a junior descending channel pattern during Tuesday's trading session. The currency pair gained about 65 base points on Tuesday.
The exchange rate breached a support cluster formed by the weekly and monthly pivot points at 1.3312 during the European trading session on Wednesday.
Most likely, the short-term target for the currency exchange rate will be near the weekly S2 at 1.3272.
The USD/USD pair could make a pull-back up if the weekly support level as mentioned above holds.