| Positions | Today | Yesterday | % Change | |
| Longs | 61% | 42% | 31.15% | |
| Shorts | 39% | 58% | -48.72% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Buy | Sell | Buy | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Sell | Neutral | Buy | |
| Alligator (13; 8; 5) | Buy | Sell | Neutral | |
| SAR (0.02; 0.2) | Buy | Sell | Sell | |
| Aggregate | ⇗ | ⇘ | ⇒ | |
Upside risks prevailed in the market on Thursday, thus allowing the US Dollar to surged by 80 base points against the Canadian Dollar. The currency pair breached the 200-hour simple moving average at 1.2914 during the end of yesterday's trading session.
Currently, the exchange rate is located near the upper boundary of a one-week ascending channel at 1.2935 and could be set for a breakout.
If this breakout occurs, the next targets for the pair will be at a resistance level near the 1.3006 mark.
Moreover, the US and Canadian fundamental releases scheduled at 12:30 GMT could change the overall positioning of the rate today.