| Positions | Today | Yesterday | % Change | |
| Longs | 58% | 72% | -24.14% | |
| Shorts | 42% | 28% | 33.33% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Buy | Sell | Sell | |
| RSI (14) | Sell | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Sell | Sell | Sell | |
| Alligator (13; 8; 5) | Buy | Sell | Sell | |
| SAR (0.02; 0.2) | Buy | Buy | Sell | |
| Aggregate | ⇒ | ⇘ | ⇓ | |
The US Dollar continues its neat journey in the ascending channel against the Canadian Dollar. By the close of the US trading session on Monday, the pair had breached the weekly R2 at 1.2559.
The pair is moving upwards to test the upper boundary of the junior channel. The 55-, 100-, and the 200-hour SMAs indicate that the rally is likely to continue until it breaches the weekly pivot point at 1.2681.
In regard to the near future, bulls are likely to continue their dominance over this currency exchange rate until it books a new high at the monthly R2 at 1.2725.