| 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 | ⇒ | ⇒ | ⇗ | |
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.
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.