Positions | Today | Yesterday | Change |
---|---|---|---|
Longs | 57% | 70% | -22.4% |
Shorts | 43% | 30% | 29.5% |
Indicator | 4H | 1D | 1W |
MACD(12;26;9) | Sell | Sell | Buy |
RSI(14) | Neutral | Buy | Neutral |
Stochastic(5;3;3) | Neutral | Neutral | Buy |
Alligator(13;8;5) | Sell | Sell | Buy |
SAR(0.02;0.2) | Buy | Sell | Sell |
Aggregate | ⇒ | ⇘ | ⇗ |
The US Dollar surged by 248 pips or 1.85% against the Canadian Dollar on Thursday. The USD/CAD currency pair breached the 1.3650 level during yesterday's trading session.
Given that the exchange rate has reversed from the upper boundary of a descending channel pattern, a declined towards the weekly pivot point at 1.3537 could be expected within this session.
A potential upside reversal could occur from the weekly support level at 1.3537 during the following trading session.