| Positions | Today | Yesterday | % Change | |
| Longs | 55% | 61% | -10.91% | |
| Shorts | 45% | 39% | 13.33% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Buy | Sell | Buy | |
| RSI (14) | Sell | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Sell | Neutral | Neutral | |
| Alligator (13; 8; 5) | Buy | Sell | Neutral | |
| SAR (0.02; 0.2) | Buy | Buy | Sell | |
| Aggregate | ⇒ | ⇒ | ⇒ | |
Upside risks dominated the US Dollar against the Canadian Dollar on Wednesday. The currency pair ended the previous session with a 100 base points gained.
Today's session begins with a bullish momentum and by the middle of the European trading session, the exchange rate has tested the 50.00% Fibonacci retracement level at 1.3057.
Given that the USD/CAD currency pair has breached the 50.00% Fibo, the next targets for the rate will be the 38.20% Fibo retracement level at 1.3097.
However, it is expected that the currency exchange rate makes a brief pullback towards the 61.80% retracement level at 1.3016 during the following trading session.