| Positions | Today | Yesterday | % Change | |
| Longs | 52% | 51% | 1.92% | |
| Shorts | 48% | 49% | -2.08% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Buy | Buy | Buy | |
| RSI (14) | Sell | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Neutral | Sell | Neutral | |
| Alligator (13; 8; 5) | Buy | Buy | Buy | |
| SAR (0.02; 0.2) | Buy | Buy | Sell | |
| Aggregate | ⇗ | ⇗ | ⇒ | |
The Greenback surged against other major currencies on Friday. The reason was the that history was made when the North Korea leader Kim Jong Un became the first leader to cross into the South Korean territory to meet with the South Korea president Moon Jae-in for the Korean summit.
The USD/CAD pair was no exception. After hitting the 23.60% Fibonacci retracement level, the exchange rate began to retrace north. The retracement can be measured by connecting the low at 1.2593 and the high at 1.2897.
Technical indicators flash buy signals. Therefore, the currency exchange rate is likely to continue its journey north until it encounters a resistance cluster set by the combination of the monthly and the weekly PPs near the 1.2926 mark.