| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 27% | 30% | -10.2% |
| Shorts | 73% | 70% | 3.8% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Buy | Buy |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Sell | Buy | Buy |
| SAR(0.02;0.2) | Sell | Sell | Buy |
| Aggregate | ⇘ | ⇒ | ⇗ |
The US Dollar appreciated about 94 base points against the Canadian Dollar on Monday. The surge was stopped by a resistance level formed by the weekly R1 at 1.3490 during yesterday's session.
The 50-hour simple moving average is currently providing support for the currency pair at 1.3459.
If the support line holds, the currency exchange rate could eventually breakout from a significant resistance level at 1.3516.
However, if the USD/CAD currency pair passes the 50-hour SMA, a re-tests of the 200-hour moving average at 1.3401 could be expected today.