| Positions | Today | Yesterday | % Change | |
| Longs | 49% | 49% | 0.00% | |
| Shorts | 51% | 51% | 0.00% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Sell | Buy | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Buy | Neutral | Buy | |
| Alligator (13; 8; 5) | Sell | Sell | Buy | |
| SAR (0.02; 0.2) | Sell | Sell | Buy | |
| Aggregate | ⇘ | ⇘ | ⇑ | |
The US Dollar has lost 2.47% of its value against the Canadian Dollar since the middle July 20. The declined started after the currency pair reversed from the upper boundary of a medium-term descending pattern. The pair has reached the bottom border of the descending channel.
Given that the USD/CAD currency pair has been moving in a falling wedge, it seems that this movement is likely to continue today. However, since the price has diminished in range, a breakout is likely to occur soon.
Technical indicators point to further decline for the currency exchange rate within this trading session.