Positions | Today | Yesterday | Change |
---|---|---|---|
Longs | 74% | 70% | 5.0% |
Shorts | 26% | 30% | -14.4% |
Indicator | 4H | 1D | 1W |
MACD(12;26;9) | Sell | Sell | Sell |
RSI(14) | Neutral | Neutral | Neutral |
Stochastic(5;3;3) | Neutral | Buy | Neutral |
Alligator(13;8;5) | Sell | Sell | Sell |
SAR(0.02;0.2) | Sell | Sell | Sell |
Aggregate | ⇘ | ⇘ | ⇘ |
The US Dollar has declined by 82 pips or 0.65% against the Canadian Dollar since yesterday's trading session. The currency pair was pressured lower by the 50– hour simple moving average.
Technical indicators suggest selling signals on all time-frame charts. Most likely, the USD/CAD exchange rate could continue to edge lower during the following trading session.
However, the weekly S1 at 1.2554 could provide support for the currency exchange rate within this session.