| Positions | Today | Yesterday | % Change | |
| Longs | 64% | 66% | -3.13% | |
| Shorts | 36% | 34% | 5.56% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Buy | Sell | Sell | |
| RSI (14) | Sell | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Sell | Sell | Sell | |
| Alligator (13; 8; 5) | Buy | Sell | Sell | |
| SAR (0.02; 0.2) | Buy | Sell | Buy | |
| Aggregate | ⇒ | ⇓ | ⇘ | |
After testing the 55-hour SMA mid-Wednesday, bulls took over the market, thus allowing for a price increase up to the 1.2580 mark. The Greenback hindered slightly below the 200-hour SMA, but this line was eventually breached as a result of a strong hourly surge.
The US Dollar remained steady against its Canadian counterpart during the first part of Thursday. This minor consolidation points to a possible change in sentiment, especially after such a massive surge.
In case the US PPI shows solid data, the rate might still push towards to the weekly R2 at 1.2642 for a brief period of time. This move, however, should be subsequently followed by a correction southwards down to a support cluster formed by the 55-hour and 200-hour SMAs or even the 100-hour SMA at 1.2490 and 1.2456, respectively.