| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 73% | 72% | 1.9% |
| Shorts | 27% | 28% | -5.3% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Buy | Sell | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Buy | Neutral | Sell |
| SAR(0.02;0.2) | Buy | Buy | Sell |
| Aggregate | ⇗ | ⇒ | ⇘ |
The US Dollar rose by 41 pips or 0.31% against the Canadian Dollar on Friday. The currency pair breached the 1.3200 level during Friday's trading session.
As for the near future, the exchange rate could edge lower. A breakout through the lower boundary of an ascending channel pattern is likely to occur within the following trading session.
However, technical indicators flash buying signals on the 4H time-frame chart. Most likely, buyers could pressure the USD/CAD currency exchange rate higher towards the 1.3250 level today.