| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Buy | Buy | Sell |
| RSI (14) | Sell | Neutral | Neutral |
| Stochastic (5; 3) | Buy | Sell | Sell |
| Alligator (13; 8; 5) | Buy | Buy | Sell |
| SAR (0.02; 0.2) | Buy | Buy | Buy |
| Aggregate | ⇒ | ⇒ | ⇘ |
The Canadian Dollar is trading against the Japanese Yen in the short-term, vertical ascending channel. The pattern represents a bounce off of the currency exchange rate from the bottom line of the preceding flat descending channel. At the present moment, the pair is fluctuating in a range between the monthly R1 and 38.20% Fibonacci retracement level at 83.659 and weekly R3 at 84.214. The relevant Fibonacci retracement levels for this pair are measured by connecting the 2016 low level with the 2017 high level. Most likely the pair will continue the surge until it reaches the new resistance level comprised of the monthly R2 at 85.243 and 23.60% retracement level at 85.567. Afterwards, a new medium-term pattern might start to form.