| Positions | Today | Yesterday | % Change | |
| Longs | 49% | 49% | 0.00% | |
| Shorts | 51% | 51% | 0.00% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Buy | Buy | Sell | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Sell | Buy | Sell | |
| Alligator (13; 8; 5) | Buy | Buy | Sell | |
| SAR (0.02; 0.2) | Buy | Buy | Buy | |
| Aggregate | ⇗ | ⇑ | ⇘ | |
USD/CAD was driven by upside momentum during the last session. The combined support of the 55– and 100-hour SMAs and the weekly PP circa 1.2770 pushed the rate until the upper boundary of the junior channel at 1.2840 prior to falling down to the 55-hour SMA.
The pair's movement during the past four weeks reveals the existence of a descending channel. Its upper boundary is located in the 1.2860/80 territory, thus suggesting that the Greenback might still be tended north this week.
Daily technical indicators shows that the 55-hour SMA could support the rate once again, thus allowing for further advance. The most probable upside barrier could be the weekly R1 at 1.2853.
Conversely, even if the 55-hour SMA is breached, the 100-hour SMA and the weekly PP should support the rate.