| Positions | Today | Yesterday | % Change | |
| Longs | 0% | 53% | #DIV/0! | |
| Shorts | 100% | 47% | 53.00% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Buy | Sell | Buy | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Neutral | Neutral | Neutral | |
| Alligator (13; 8; 5) | Neutral | Neutral | Neutral | |
| SAR (0.02; 0.2) | Sell | Buy | Sell | |
| Aggregate | ⇒ | ⇒ | ⇒ | |
The US Dollar depreciated about 95 base points against the Canadian Dollar on Monday. The currency pair breached both the 50– and 100-hour SMAs at 1.3015 and 1.3006 during the end of yesterday's session.
Everything being equal, it is likely that the USD/CAD currency pair continues moving south towards the weekly S1 at 1.2944 during the following trading session.
However, a support line formed by the 200-hour SMA and the lower boundary of an ascending channel at 1.2978 could prevent bearish traders from pushing the currency exchange rate toward its target today.