| Positions | Today | Yesterday | % Change | |
| Longs | 0% | 34% | #DIV/0! | |
| Shorts | 100% | 66% | 34.00% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Buy | Buy | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Neutral | Neutral | Sell | |
| Alligator (13; 8; 5) | Sell | Neutral | Buy | |
| SAR (0.02; 0.2) | Sell | Sell | Buy | |
| Aggregate | ⇘ | ⇒ | ⇗ | |
The downside risk continues to prevail in the market as of Thursday's. Bears continue their dominance over the currency pair. However, the decline has been temporarily stopped by the weekly S2 at 1.2760.
The USD/CAD exchange rate has been guided down primarily by the 55- hour simple moving average since April 3. Meanwhile, during the European session on Thursday, the rate was consolidating as bears traders became exhausted.
Furthermore, technical indicators demonstrate that the currency exchange rate is located in the oversold zone. Therefore, a bullish sentiment should come into play during the following trading day.