| Positions | Today | Yesterday | % Change | |
| Longs | 55% | 48% | 12.73% | |
| Shorts | 45% | 52% | -15.56% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Neutral | Neutral | Neutral | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Neutral | Sell | Neutral | |
| Alligator (13; 8; 5) | Buy | Buy | Sell | |
| SAR (0.02; 0.2) | Sell | Buy | Sell | |
| Aggregate | ⇒ | ⇒ | ⇘ | |
The US Dollar has continued to surge against the Canadian Dollar for the past few days. On Friday, it was noticed that the surged occurred in a pronounced manner after the data released of the Canadian CPI and Core Retail Sales.
The USD/CAD exchange rate gained 71 base point or 0.56% and continue fluctuating in the 1.28 regions. The Statistics simultaneously released seven data sets, where Consumer price index came in line with economists expectations of 0.3%.
Everything being equal, the currency exchange rate is likely to continue moving in an ascending channel until it breakout from a significant resistance level at 1.2921 during the following trading sessions.