| Positions | Today | Yesterday | % Change | |
| Longs | 50% | 52% | -4.00% | |
| Shorts | 50% | 48% | 4.00% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Sell | Buy | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Neutral | Neutral | Buy | |
| Alligator (13; 8; 5) | Sell | Sell | Buy | |
| SAR (0.02; 0.2) | Buy | Sell | Buy | |
| Aggregate | ⇒ | ⇘ | ⇑ | |
The US Dollar trading above the 1.2993 mark which is the monthly pivot point during the last one week, and has revealed a two-week descending channel pattern. The USD/CAD currency pair, however, failed to accelerate from that support line, being bounded by the 100-hour simple moving average.
Technical indicators on the weekly time-frame flash strong buy signals, so it is likely that the nearest resistance cluster at 1.3093 could be breached. Nevertheless, the exchange rate has to surpass the upper boundary of the descending channel and the 200-hour SMA.
The scenarios could occur today, as traders await the Non-Farm employment change data release scheduled AT 12:30 GMT.