| Positions | Today | Yesterday | % Change | |
| Longs | 34% | 38% | -11.76% | |
| Shorts | 66% | 62% | 6.06% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Sell | Buy | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Neutral | Neutral | Neutral | |
| Alligator (13; 8; 5) | Sell | Sell | Buy | |
| SAR (0.02; 0.2) | Sell | Sell | Sell | |
| Aggregate | ⇘ | ⇘ | ⇒ | |
The US Dollar has been trading in a two-week ascending channel against the Canadian Dollar. The currency pair re-tested the bottom border of the channel pattern during Friday's trading session.
The USD/CAD exchange rate breached both the 50– and 100-hour simple moving averages during the first half of today's trading session.
Given that the currency exchange rate has breached the moving averages, bullish traders could push the rate towards a resistance cluster at 1.3315 today.
However, technical indicators demonstrate that bears will dominate the pair within this session.