Positions | Today | Yesterday | % Change | |
Longs | 51% | 50% | 1.96% | |
Shorts | 49% | 50% | -2.04% | |
Indicator | 4H | 1D | 1W | |
MACD (12; 26; 9) | Buy | Buy | Buy | |
RSI (14) | Neutral | Neutral | Neutral | |
Stochastic (5; 3; 3) | Neutral | Neutral | Neutral | |
Alligator (13; 8; 5) | Buy | Buy | Buy | |
SAR (0.02; 0.2) | Buy | Buy | Sell | |
Aggregate | ⇗ | ⇗ | ⇒ |
The US Dollar traded sideways against the Canadian Dollar on Tuesday. The currency pair was moving between a range of 1.3149 and 1.3102 through out yesterday's trading session.
Currently, the exchange rate is located near the lower boundary of a one-week ascending channel at 1.3120 and could be set for a breakout.
However, traders are advised to be careful of their trades, as the Canadian GDP macroeconomic data releases scheduled at 12:30 GMT could change the overall positioning of the USD/CAD currency exchange rate.