| Positions | Today | Yesterday | % Change | |
| Longs | 49% | 46% | 6.12% | |
| Shorts | 51% | 54% | -5.88% | |
| 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) | Sell | Neutral | Buy | |
| SAR (0.02; 0.2) | Sell | Sell | Buy | |
| Aggregate | ⇘ | ⇒ | ⇗ | |
As expected, the US Dollar has continued to lose strength against the Canadian Dollar on Monday and as a result, the currency pair fell below the three SMAs which resulted in a breakout through the lower boundary of an ascending channel.
Given that the price action is located below all the SMAs, and the 200-hour simple moving average was providing a significant resistance for the rate at 1.3141, the currency pair could be set for a further decline during the next trading session.
The general tendency seems to be pointing south, however, given that this session is trading calmly, bears lack the necessary momentum to push the USD/CAD currency exchange rate lower.