| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Buy | Sell | Buy |
| RSI (14) | Neutral | Neutral | Neutral |
| Stochastic (5; 3) | Sell | Sell | Sell |
| Alligator (13; 8; 5) | Buy | Sell | Buy |
| SAR (0.02; 0.2) | Buy | Buy | Buy |
| Aggregate | ⇒ | ⇘ | ⇒ |
The Canadian Dollar continues to trade against the Japanese Yen in a dominant channel down pattern. The previous forecast, where a descending channel was mapped turned out to be precise, and the pair has made a rebound.
However, the rebounding pattern is rather hard to map, as there are no clearly visible reversal points. Although, Dukascopy analysts have drawn a speculative channel up pattern on the chart. In the borders of that channel an almost obsolete channel down exists.
Most recently the pair approached the support line of the medium scale pattern, where it is being pressured from the upside by the 100-period SMA.