| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Sell | Sell | Sell |
| RSI (14) | Neutral | Neutral | Neutral |
| Stochastic (5; 3) | Neutral | Neutral | Buy |
| Alligator (13; 8; 5) | Sell | Sell | Sell |
| SAR (0.02; 0.2) | Buy | Sell | Sell |
| Aggregate | ⇒ | ⇒ | ⇒ |
The AUD/CAD currency pair has been moving in several downtrend channels since the beginning of the year. The most important of which is a junior descending channel pattern formed on June 25 and has guided the rate lower toward the bottom border of an ascending trendline.
During the past few days, the exchange rate has been bounced between the weekly and the monthly pivot points at 0.9635/0.9588.
Technical indicators on both the daily and the weekly chart demonstrate that the movement of this currency exchange rate is likely to continue moving downward during the following trading days.