| Positions | Today | Yesterday | % Change | |
| Longs | 25% | 26% | -4.00% | |
| Shorts | 75% | 74% | 1.33% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Buy | Buy | |
| RSI (14) | Buy | Neutral | Sell | |
| Stochastic (5; 3; 3) | Buy | Neutral | Sell | |
| Alligator (13; 8; 5) | Sell | Buy | Buy | |
| SAR (0.02; 0.2) | Sell | Buy | Buy | |
| Aggregate | ⇒ | ⇗ | ⇒ | |
Downside risk dominated the USD/CAD currency pair on Thursday, as the rate closed the session with 109 pips or –0.81% fall. Along the way, some significant support levels, namely, 55-,100-,200-hour SMAs and the weekly pivot point were breached.
By Friday session, the exchange rate fell below the 1.3268 mark and was gradually heading down toward the lower boundary of an uptrend channel. However, technical indicators flash strong buy signals today; therefore, a corrective move north could be expected.
Everything being equal, the currency exchange rate is likely to decline further south for a potential target at 1.3154 during the following trading session.