| Positions | Today | Yesterday | % Change | |
| Longs | 56% | 58% | -3.57% | |
| Shorts | 44% | 42% | 4.55% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Sell | Sell | |
| RSI (14) | Buy | Buy | Neutral | |
| Stochastic (5; 3; 3) | Sell | Neutral | Sell | |
| Alligator (13; 8; 5) | Sell | Sell | Sell | |
| SAR (0.02; 0.2) | Sell | Sell | Buy | |
| Aggregate | ⇘ | ⇘ | ⇘ | |
The slight period of consolidation apparent on Friday morning was disrupted significantly by the combined data release from the US and Canada mid-session. The rate fell 136 pips and thus reached a new three-and-a-half-month low at 1.2374. This fall was followed by a minor recovery until the monthly S1 at 1.2421.
Technical signals show mixed results. On the one hand, it seems that their gradual recovery marks the existence of upside potential. Its magnitude, however, is likely to be limited by the 55– and 100-hour SMAs circa 1.2475.
On the other hand, further weakness of the US Dollar is still possible, as bulls have not yet managed to pick up speed after such a notable decline. Thus, bears might eventually overcome bulls and force the pair lower down to the weekly S1 at 1.2314.