| Positions | Today | Yesterday | % Change | |
| Longs | 42% | 51% | -21.43% | |
| Shorts | 58% | 49% | 15.52% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Sell | Buy | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Sell | Neutral | Buy | |
| Alligator (13; 8; 5) | Neutral | Sell | Neutral | |
| SAR (0.02; 0.2) | Buy | Sell | Sell | |
| Aggregate | ⇒ | ⇘ | ⇒ | |
[ANNOUNCE]The US Dollar appreciated by 80 pips against the Canadian Dollar on Wednesday. The currency pair was trading between the 100-hour SMA which is located below at 1.2854 and the 200-hour simple moving average at 1.2918.[/ANNOUNCE]
As for the near future, it is likely that the exchange rate continues moving north towards the monthly resistance level at 1.2966 during the following trading session.
However, a resistance line formed by the 200-hour simple moving average at 1.2918 could hinder the bullish traders from pushing the USD/CAD currency exchange rate from hitting the target as mentioned above.