| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 71% | 69% | 2.7% |
| Shorts | 29% | 31% | -6.9% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Sell | Sell |
| RSI(14) | Neutral | Buy | Neutral |
| Stochastic(5;3;3) | Neutral | Buy | Buy |
| Alligator(13;8;5) | Sell | Sell | Sell |
| SAR(0.02;0.2) | Sell | Sell | Sell |
| Aggregate | ⇘ | ⇒ | ⇘ |
The US Dollar depreciated about 30 basis points against the Canadian Dollar on Monday. The currency pair was pressured down by the 50– hour simple moving average during yesterday's trading session.
The exchange rate was trading sideways during the morning hours of Tuesday's trading session.
Everything being equal, bulls could take control of the market within the following trading session.
However, technical indicators demonstrate that the currency exchange rate will likely continue to decline today.