| Positions | Today | Yesterday | % Change | |
| Longs | 28% | 29% | -3.57% | |
| Shorts | 72% | 71% | 1.39% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Buy | Buy | Buy | |
| RSI (14) | Neutral | Sell | Sell | |
| Stochastic (5; 3; 3) | Neutral | Neutral | Sell | |
| Alligator (13; 8; 5) | Buy | Buy | Buy | |
| SAR (0.02; 0.2) | Buy | Buy | Buy | |
| Aggregate | ⇗ | ⇗ | ⇒ | |
The US Dollar appreciated about 92 base points against the Canadian Dollar on Thursday. The surge was stopped by a resistance level formed by the upper boundary of a medium-term ascending channel pattern at 1.3650 during yesterday's trading session.
However, after hitting the resistance level as mentioned above, the exchange rate made a pullback down. Currently, the pair is testing the 50– and 100-hour simple moving average at 1.3608.
If the SMAs holds, the USD/CAD currency exchange rate will continue its northern movement and potentially break the medium-term channel pattern during the following trading session.