| Positions | Today | Yesterday | % Change | |
| Longs | 64% | 56% | 12.50% | |
| Shorts | 36% | 44% | -22.22% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Neutral | Neutral | Neutral | |
| RSI (14) | Sell | Sell | Sell | |
| Stochastic (5; 3; 3) | Neutral | Neutral | Neutral | |
| Alligator (13; 8; 5) | Buy | Buy | Buy | |
| SAR (0.02; 0.2) | Buy | Buy | Sell | |
| Aggregate | ⇒ | ⇒ | ⇒ | |
The US Dollar has been trading in a channel up against its Canadian counterpart since February 2. The currency pair has formed a new junior channel during this period, and can be observed on the chart.
During the second part of Tuesday's trading session, the currency exchange rate is trading sideways, as traders await the US data release scheduled at 13:30GMT.
Technical indicators suggest that a surge for the USD/CAD could continue in this session. Meanwhile, the new Fed Chair who is scheduled to speak before the US Senate today has the power to change the whole situation fundamentally.