| Positions | Today | Yesterday | % Change | |
| Longs | 46% | 45% | 2.17% | |
| Shorts | 54% | 55% | -1.85% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Buy | Buy | Buy | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Buy | Neutral | Neutral | |
| Alligator (13; 8; 5) | Neutral | Buy | Buy | |
| SAR (0.02; 0.2) | Buy | Buy | Buy | |
| Aggregate | ⇗ | ⇗ | ⇗ | |
Bears picked up momentum on Friday after the USD/CAD currency pair hit the upper boundary of a downtrend channel and as a result, the rate decline by 60 base points or 0.45%.
By the European session on Monday, the exchange rate was trading below the 55– and 100-hour simple moving averages and the weekly pivot point.
Technical indicators flash strong buy signals. However, this contradicts the overall price movement of the day.
By and large, if the support level set by the 200-hour SMA at 1.3142 holds, a reversal north is likely during the following trading session.