| Positions | Today | Yesterday | % Change | |
| Longs | 64% | 64% | 0.00% | |
| Shorts | 36% | 36% | 0.00% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Sell | Sell | |
| RSI (14) | Buy | Buy | Neutral | |
| Stochastic (5; 3; 3) | Sell | Buy | Sell | |
| Alligator (13; 8; 5) | Sell | Sell | Sell | |
| SAR (0.02; 0.2) | Sell | Sell | Sell | |
| Aggregate | ⇘ | ⇒ | ⇓ | |
The decline of the US Dollar continued against the Canadian Dollar as expected. The fundamental data release at 13:30 GMT on Thursday had no effect on the price movement; the market is relatively calm and continued the movement south.
The combination of 55—hour, 100—hour and 200—hour SMAs are pushing the price further south and this is likely to continue until the pair finds support at the weekly pivot point level at the 1.2222 mark.
Furthermore, in regards to the short-term future, the pair is likely to be trading in a down channel because of the statements made by the US President at Davos.