| Positions | Today | Yesterday | % Change | |
| Longs | 34% | 34% | 0.00% | |
| Shorts | 66% | 66% | 0.00% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Sell | Buy | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Neutral | Buy | Neutral | |
| Alligator (13; 8; 5) | Sell | Neutral | Buy | |
| SAR (0.02; 0.2) | Buy | Sell | Buy | |
| Aggregate | ⇒ | ⇒ | ⇗ | |
Downside risks continued to dominate the US Dollar against the Canadian Dollar. Even the negative data of the Canadian trade balance was unable to influence the US Dollar to the upside as the 55– hour simple moving average was providing resistance for the currency pair.
By the middle of the European trading session on Friday, the exchange rate moved closer to the upper boundary of a junior descending channel and could be set for a breakout. Furthermore, the USD/CAD currency exchange pair has breached the 55– hour SMA.
By and large, the situation might change today as traders await the US Non-Farm Employment Change data release scheduled at 12:30 GMT.