| Positions | Today | Yesterday | % Change | |
| Longs | 63% | 64% | -1.59% | |
| Shorts | 37% | 36% | 2.70% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Sell | Buy | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Sell | Neutral | Neutral | |
| Alligator (13; 8; 5) | Neutral | Sell | Buy | |
| SAR (0.02; 0.2) | Buy | Sell | Sell | |
| Aggregate | ⇒ | ⇘ | ⇒ | |
Bulls guided the US Dollar towards the upper boundary of a descending channel against the Canadian Dollar, following the Canadian GDP release on Thursday at 12:30 GMT. The currency pair gained about 50 base points.
The Statistics Canada released Gross Domestic Product data that came lower-than-expected 0.0% growth or stagnation compared with the forecast 0.1%. Namely, the GDP did not grow during the past month as the economists forecasted.
Given that the currency exchange rate has moved above the three moving averages, it seems that the bullish sentiment might continue to dominate the pair during the following trading session.