| Positions | Today | Yesterday | % Change | |
| Longs | 54% | 52% | 3.70% | |
| Shorts | 46% | 48% | -4.35% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Sell | Buy | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Neutral | Buy | Neutral | |
| Alligator (13; 8; 5) | Sell | Sell | Buy | |
| SAR (0.02; 0.2) | Sell | Sell | Buy | |
| Aggregate | ⇘ | ⇘ | ⇗ | |
The US Dollar trading below a resistance cluster formed by the combination of the weekly, the monthly and the 200-hour simple moving average against the Canadian Dollar. The currency pair tested the weekly S1 at 1.3018 on Tuesday. However, the price failed to accelerate from that support level.
On Wednesday, there will be some significant macroeconomic data releases that could affect the positioning of the USD/CAD currency pair. Namely, the Canadian Retail Sales and the US Crude Oil inventories.
It is advised for traders to waits for the data releases scheduled at 12:30GMT before trading this currency pair.