| Positions | Today | Yesterday | % Change | |
| Longs | 34% | 36% | -5.88% | |
| Shorts | 66% | 64% | 3.03% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Buy | Buy | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Neutral | Buy | Sell | |
| Alligator (13; 8; 5) | Sell | Buy | Neutral | |
| SAR (0.02; 0.2) | Sell | Buy | Buy | |
| Aggregate | ⇘ | ⇑ | ⇒ | |
The bearish momentum continued to dominate the USD/CAD pair. However, during the middle of European session on Monday, the rate made some correctional movement north.
The combination of the 55-, 100, and 200-hour SMAs suggest that bears are likely to grow stronger until the currency pair breached the lower boundary of a dominant channel.
Technical indicators are providing mixed signals. All the same, it is expected for the pair to maintain its bearish movement.