| Positions | Today | Yesterday | % Change | |
| Longs | 59% | 56% | 5.08% | |
| Shorts | 41% | 44% | -7.32% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Buy | Buy | Buy | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Neutral | Neutral | Neutral | |
| Alligator (13; 8; 5) | Neutral | Buy | Buy | |
| SAR (0.02; 0.2) | Sell | Buy | Sell | |
| Aggregate | ⇒ | ⇗ | ⇒ | |
The inability of the Greenback to gain momentum yesterday has a positive impact on the USD/CAD currency pair. The pair introduced no significant changes to the overall price level during the end of trading day.
The exchange rate continues trading bullish for this week, and it seems that traders might target 1.2902 which is formed by the combination of the weekly R1 and the monthly R1.
Given that technical indicators is show a sign that the pair is shifting away from the oversold area might suggest either a consolidation or a minor surge during the following trading session. Meanwhile, traders await the US ISM manufacturing PMI and the Canadian GDP report.