| Positions | Today | Yesterday | % Change | |
| Longs | 49% | 50% | -2.04% | |
| Shorts | 51% | 50% | 1.96% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Sell | Buy | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Neutral | Neutral | Buy | |
| Alligator (13; 8; 5) | Sell | Sell | Buy | |
| SAR (0.02; 0.2) | Sell | Sell | Buy | |
| Aggregate | ⇘ | ⇘ | ⇑ | |
As expected, the US Dollar continues to lose ground against the Canadian Dollar. By the end of Friday's trading session, the currency pair fell below 1.3019 and also depreciated by 70 pips.
Given that the exchange rate has fallen below the 1.3019 mark, which is the weekly pivot point, the pair might be set for a further decline as the nearest support that could stop the bearish momentum is located near 1.2950.
The general tendency on the weekly time-frame chart seems to be pointing north. Therefore, a breakout through the upper boundary of the descending channel is likely to occur during the following trading sessions.