| Positions | Today | Yesterday | % Change | |
| Longs | 58% | 50% | 13.79% | |
| Shorts | 42% | 50% | -19.05% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Sell | Buy | |
| RSI (14) | Buy | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Neutral | Buy | Neutral | |
| Alligator (13; 8; 5) | Sell | Sell | Buy | |
| SAR (0.02; 0.2) | Sell | Sell | Sell | |
| Aggregate | ⇘ | ⇘ | ⇒ | |
No significant changes were introduced to the USD/CAD currency pair position on Thursday. The US Dollar continued to move sideways against its Canadian counterpart.
The overall positioning of the exchange rate might change today due to outside pressure. Namely, the US Core Retails Sales and Retails Sales macroeconomic data releases scheduled at 12:30 GMT.
Base on technical analysis, the currency exchange rate downward momentum is likely to continue within this session. The potential target for bearish traders could be the lower boundary of the medium-term descending channel.