| Positions | Today | Yesterday | % Change | |
| Longs | 37% | 36% | 2.70% | |
| Shorts | 63% | 64% | -1.59% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Buy | Buy | Buy | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Sell | Sell | Sell | |
| Alligator (13; 8; 5) | Buy | Buy | Buy | |
| SAR (0.02; 0.2) | Buy | Buy | Buy | |
| Aggregate | ⇗ | ⇗ | ⇗ | |
Upside momentum continues to push the Greenback higher against the Loonie. The pair is gradually moving north to test the upper boundary of a dominant channel. However, this surge has encountered a short period of consolidation.
During the end of the European trading session, the currency pair showed a slight period of uncertainty from bulls and bears, as the Buck failed to leave the newly formed flag pattern.
It is likely that this situation continues until Canada ADP non-farm employment change is released. However, technical indicators flash buy signals.