| Positions | Today | Yesterday | % Change | |
| Longs | 45% | 49% | -8.89% | |
| Shorts | 55% | 51% | 7.27% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Buy | Buy | Buy | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Neutral | Neutral | Neutral | |
| Alligator (13; 8; 5) | Buy | Neutral | Buy | |
| SAR (0.02; 0.2) | Buy | Sell | Buy | |
| Aggregate | ⇗ | ⇒ | ⇗ | |
The US Dollar began to weaken against the Canadian Dollar on Wednesday after the currency pair failed to move above the upper boundaries of both a descending trendline and the upper trendline.
The 55-hour simple moving average is currently providing support for the currency pair to push higher.
Everything being equal, it is likely that the USD/CAD currency exchange rate continue moving in the ascending channel until it reaches the upper boundary of its pattern during the following trading session.