| Positions | Today | Yesterday | % Change | |
| Longs | 0% | 38% | #DIV/0! | |
| Shorts | 100% | 62% | 38.00% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Buy | Buy | |
| RSI (14) | Neutral | Neutral | Sell | |
| Stochastic (5; 3; 3) | Neutral | Buy | Sell | |
| Alligator (13; 8; 5) | Sell | Buy | Buy | |
| SAR (0.02; 0.2) | Sell | Sell | Buy | |
| Aggregate | ⇘ | ⇗ | ⇒ | |
The US Dollar remained stable against the Canadian Dollar on Wednesday. The exchange rate failed to overcome the 55-hour simple moving average, but it also lacked the necessary downside strength to breached the weekly pivot point near the 1.3128 mark.
This has left the currency pair moving sideways this morning. A breakout from the sideways movement could be expected during the following trading session.
Given that the northern barrier formed by the 55-hour SMA at 1.3149 has held strong for the last session, a decline for the USD/CAD currency exchange rate is likely to continue today.