| Positions | Today | Yesterday | % Change | |
| Longs | 66% | 66% | 0.00% | |
| Shorts | 34% | 34% | 0.00% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Sell | Sell | |
| RSI (14) | Neutral | Buy | Neutral | |
| Stochastic (5; 3; 3) | Sell | Sell | Neutral | |
| Alligator (13; 8; 5) | Sell | Sell | Sell | |
| SAR (0.02; 0.2) | Buy | Sell | Sell | |
| Aggregate | ⇘ | ⇘ | ⇘ | |
An announcement of the new Canadian overnight interest rate strengthened the Loonie by 210.5 basis points against the American Dollar. Expectedly, this fundamental event pushed the currency rate not only out of the medium-term descending channel, but also below the weekly S2 at 1.2762 and the monthly S1 at 1.2758. However, such anxiety made the USD/CAD oversold just in couple of hours. As a result, the rest of the week the pair is expected to spend in attempts to recover the lost ground. If the Loonie succeeds to break though the channel's support line, it might freely surge to the weekly S1 at 1.2820. However, the further increase is doubtful, as the above S1 by this time will be additionally backed up by the 55- and 100-hour SMAs.