| Positions | Today | Yesterday | % Change | |
| Longs | 46% | 46% | 0.00% | |
| Shorts | 54% | 54% | 0.00% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Buy | Buy | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Sell | Neutral | Sell | |
| Alligator (13; 8; 5) | Sell | Buy | Buy | |
| SAR (0.02; 0.2) | Buy | Sell | Buy | |
| Aggregate | ⇘ | ⇒ | ⇗ | |
The US Dollar has been driven by two main patterns. The most important of which is the dominant ascending channel. The currency pair re-tested its lower boundary yesterday and made a U-turn north.
After the USD/CAD exchange rate bounced off the bottom border of the dominant pattern, the pair is gradually moving north to test a resistance set by the weekly PP at 1.2949. Also, the 55– and 100– hour simple moving averages was guiding the price up.
As for near future, the currency exchange rate could continue to be moving upward until it encounters the aforementioned resistance.