| Positions | Today | Yesterday | % Change | |
| Longs | 73% | 71% | 2.74% | |
| Shorts | 27% | 29% | -7.41% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Sell | Sell | |
| RSI (14) | Neutral | Buy | Buy | |
| Stochastic (5; 3; 3) | Sell | Sell | Neutral | |
| Alligator (13; 8; 5) | Sell | Sell | Sell | |
| SAR (0.02; 0.2) | Sell | Sell | Sell | |
| Aggregate | ⇓ | ⇘ | ⇘ | |
An announcement of the Canadian GDP last Friday strengthened the Loonie and helped the currency pair to slide to the 1.2421 level, from which it started Thursday's surge. Afterwards, the markets cooled down and the pair started a steady recovery, which was slightly delayed by the updated weekly PP at the 1.2475 level. Most probably, a combination of the 55- and 100-hour SMAs near 1.2493 will neutralize any further attempts to climb upstairs even with the help of the above pivot point that can be used by the rate as a springboard. However, if it manages to break to the top, the spike is expected to be reversed near another combined resistance level set up by the 200-hour SMA and the weekly R1 at 1.2536.