Positions | Today | Yesterday | Change |
---|---|---|---|
Longs | 27% | 67% | -152.4% |
Shorts | 73% | 33% | 55.0% |
Indicator | 4H | 1D | 1W |
MACD(12;26;9) | Buy | Buy | Buy |
RSI(14) | Neutral | Neutral | Neutral |
Stochastic(5;3;3) | Sell | Neutral | Neutral |
Alligator(13;8;5) | Buy | Neutral | Neutral |
SAR(0.02;0.2) | Buy | Sell | Buy |
Aggregate | ⇗ | ⇒ | ⇗ |
The USD/CAD currency pair continued to trend higher in a narrow ascending channel pattern. The currency pair tested the 1.2750 level during yesterday's trading session.
Technical indicators suggest buying signals on the 4H time-frame chart. Most likely, the exchange rate could continue to edge higher during the following trading session.
However, the currency exchange rate could encounter resistance at 1.2728 within this session.