| Positions | Today | Yesterday | % Change | |
| Longs | 47% | 44% | 6.38% | |
| Shorts | 53% | 56% | -5.66% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Buy | Buy | Sell | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Sell | Sell | Buy | |
| Alligator (13; 8; 5) | Buy | Buy | Neutral | |
| SAR (0.02; 0.2) | Sell | Buy | Buy | |
| Aggregate | ⇒ | ⇗ | ⇒ | |
USD/CAD has shown no significant changes to its overall price level during the past three trading sessions, as it has failed to leave the 1.2822/72 area.
As apparent on the chart, this range still falls short from the five-month low of 1.2910. It is likely that this lack of momentum changes during the following trading hours—a move that would allow the US Dollar to approach the aforementioned low.
Technical indicators flash bullish signals, thus supporting a possible increase in price. In addition, the southern barrier is guarded by the 100-hour SMA and the monthly PP that could stop any attempts to edge lower.
In case the bearish scenario prevails, the next significant support area is the 200-hour SMA and the weekly PP at 1.2785.