| Positions | Today | Yesterday | % Change | |
| Longs | 73% | 66% | 9.59% | |
| Shorts | 27% | 34% | -25.93% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Buy | Sell | Sell | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Neutral | Sell | Sell | |
| Alligator (13; 8; 5) | Buy | Neutral | Sell | |
| SAR (0.02; 0.2) | Sell | Buy | Sell | |
| Aggregate | ⇒ | ⇒ | ⇓ | |
After reaching the 1.2520 mark early on Thursday, the prevailing bearish sentiment guided USD/CAD southwards. The pair managed to erase half of Wednesday's gains; further decline was restricted by combined support of the weekly R1, the 61.8% Fibo and the 55-hour SMA circa 1.2440.
Technical indicators suggest that the Greenback could remain stable until Monday. This movement sideways, however, would result in a re-test of the lower channel boundary near 1.2410—an area reinforced by the 100-hour SMA.
The given movement might no actually end there, but continue until the 200-hour SMA, the monthly S1 and the 50.0% Fibo are reached. Thus, the general direction of the pair in this session is tended south, leaving the 55-hour SMA as a strong resistance barrier.