| Positions | Today | Yesterday | % Change | |
| Longs | 54% | 49% | 9.26% | |
| Shorts | 46% | 51% | -10.87% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Buy | Buy | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Sell | Sell | Sell | |
| Alligator (13; 8; 5) | Neutral | Buy | Buy | |
| SAR (0.02; 0.2) | Buy | Sell | Buy | |
| Aggregate | ⇒ | ⇒ | ⇗ | |
After hitting the weekly pivot point at 1.2942 on Monday, the US Dollar began to decline against its Canadian Dollar. However, this fall was stopped by a dominant ascending channel.
The weakness for the US Dollar was caused mainly by the China-US trade tensions, as China slapped tariffs of $3 billions worth of US goods. In addition, 200– hour simple moving average has also guided the currency pair down.
As for near future, it is likely that the USD/CAD exchange rate could retrace north for a re-test of the aforementioned PP during the following trading session. Meanwhile, technical indicators flash mixed signals.