| Positions | Today | Yesterday | % Change | |
| Longs | 41% | 53% | -29.27% | |
| Shorts | 59% | 47% | 20.34% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Buy | Buy | Sell | |
| RSI (14) | Sell | Sell | Neutral | |
| Stochastic (5; 3; 3) | Sell | Sell | Sell | |
| Alligator (13; 8; 5) | Buy | Buy | Sell | |
| SAR (0.02; 0.2) | Buy | Buy | Buy | |
| Aggregate | ⇒ | ⇒ | ⇘ | |
The US Dollar continues its appreciation against the Loonie for the sixth consecutive session. This increase in value has resulted in the formation of a short-term ascending channel.
The rate was showing small volatility since mid-Thursday but was nevertheless driven by strong upside momentum along the upper boundary of this pattern. The US Advance GDP did not introduce any changes to the market, as the weekly R3 at 1.2889 managed to hold the rate steady.
It is likely that the rates remains in the 1.2900/1.2820 territory in the remaining hours of this trading week, but starts to edge lower on Monday, thus approaching the 55-hour SMA and the weekly R2 at 1.2800 and 1.2764, accordingly.