| Positions | Today | Yesterday | % Change | |
| Longs | 51% | 44% | 13.73% | |
| Shorts | 49% | 56% | -14.29% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Buy | Buy | Buy | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Neutral | Sell | Neutral | |
| Alligator (13; 8; 5) | Buy | Neutral | Buy | |
| SAR (0.02; 0.2) | Sell | Buy | Sell | |
| Aggregate | ⇒ | ⇒ | ⇒ | |
The USD/CAD currency exchange rate was guided by bulls on Wednesday who strengthened their positions during the second part of the trading session. As a result, the rate made a false breakout from the weekly pivot point at 1.2844. However, during the end of the US session, the pair gave up its earlier gains.
By the middle of Thursday's trading, the currency pair breached both the 55– hour simple moving average and the weekly R1.
Everything being equal, it is likely that exchange rate continues to surge until it finds a resistance cluster formed by the combination of the weekly and the monthly PPs near the 1.2926 mark.