| Positions | Today | Yesterday | % Change | |
| Longs | 35% | 38% | -8.57% | |
| Shorts | 65% | 62% | 4.62% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Buy | Buy | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Neutral | Neutral | Neutral | |
| Alligator (13; 8; 5) | Neutral | Neutral | Buy | |
| SAR (0.02; 0.2) | Buy | Sell | Buy | |
| Aggregate | ⇒ | ⇒ | ⇗ | |
[ANNOUNCE]The main move on the USD/CAD on Wednesday occurred due to the Bank of Canada hiking their base interest rate. Namely, a hike from 1.25% to 1.50% caused a strengthening of the Canadian currency. [/ANNOUNCE]
The event was covered on the bank's live webinar platform, and the traders present caught an initial move of 50 base points that eventually extended into a 70 base point decline until the rate met with dominant support.
Namely, a support line drawn just before the data release coverage by Dukascopy Analytics turned out to be strong enough to support the currency exchange rate.