| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 73% | 71% | 2.2% |
| Shorts | 27% | 29% | -5.9% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Buy | Buy | Sell |
| RSI(14) | Sell | Sell | Neutral |
| Stochastic(5;3;3) | Neutral | Sell | Neutral |
| Alligator(13;8;5) | Buy | Buy | Sell |
| SAR(0.02;0.2) | Buy | Buy | Sell |
| Aggregate | ⇗ | ⇒ | ⇘ |
The US Dollar edged higher by 114 basis points or 0.92% against the Canadian Dollar on Friday. The USD/CAD currency pair tested the 1.2450 area during Friday's trading session.
Technical indicators suggest buying signals on the 4H and daily time-frame charts. Most likely, buyers could continue to drive the price higher during the following trading session.
However, a resistance line at 1.2450 could still provide resistance for the currency exchange rate in the shorter term.