USDCAD rallied off the London low near 1.3865 as a broadly bid USD outweighed Canada's jobs beat, printing a session high at 1.39500. Price is now consolidating in the upper 1.394s after repeated rejections at 1.39500, RSI cooling from the rally peak.
Support: 1.3935, 1.3922, 1.3900
Resistance: 1.3950
What it said to watch
M15 close above 1.39500 extends the uptrend toward fresh session highs
Failure to hold 1.39350 pullback low opens a deeper retrace to 1.39220 swing low
BoC rate decision Jun 10 is the next major CAD catalyst
20:30 UTC
Uptrend, momentum hot · RSI 68 · price 1.39489
Higher highs / higher lows into session high.
NY session drove USDCAD off the 1.3865 London low to a session high at 1.3950, USD bid holding firm after the blowout NFP beat despite Canada's own strong jobs print. Price is stalling just under 1.3950 with RSI(14) hot near 68; the rising structure stays intact while higher lows hold above 1.3940.
Support: 1.3940, 1.3922, 1.3888
Resistance: 1.3950, 1.3946
What it said to watch
M15 close below 1.3940 breaks the rising sequence of higher lows
Acceptance above 1.3950 opens continuation toward the 1.40 zone
BoC (Jun 10) and US CPI (Jun 10) are the next major catalysts for this pair
NY session ran USD/CAD from 1.3865 to 1.3950 after the dual jobs beats, with the US 172K NFP surprise outweighing Canada's strong print. Price has since stalled with a rejection at the 1.3950 session high and is consolidating near 1.3940, RSI cooling off the highs.
Support: 1.3935, 1.3923, 1.3900
Resistance: 1.3950, 1.39455
What it said to watch
M15 close below 1.3935 breaks the intraday higher-low chain
Break and hold above 1.3950 reopens the session-high path
BoC Jun 10 and US CPI ahead are the next material catalysts
USDCAD ripped from 1.3865 to a session high 1.39499 through NY hours as the US NFP beat (172K vs 85K) outweighed Canada's own strong jobs print. Price is now stalling just under the high, RSI cooling from the rally, with rising lows still intact above 1.3935.
Support: 1.3935, 1.3916, 1.3888
Resistance: 1.39499, 1.4000
What it said to watch
M15 close above 1.39499 opens the path to the 1.40000 psych level
Failure to hold 1.39350 breaks the rising-low sequence
BoC decision Jun 10 is the next major CAD catalyst
USDCAD rallied through the NY session from the London low near 1.3865 to a 1.3950 session high — the strong US payrolls beat outweighed Canada's own jobs surprise, lifting the pair off its base. Price is now consolidating just under 1.3950 with RSI(14) cooling from overbought; the 1.39413 swing low is the nearest higher-low marker.
Support: 1.39413, 1.39316, 1.39184
Resistance: 1.3950
What it said to watch
M15 close above 1.39500 extends the session high; rejection there caps the leg
Failure to hold 1.39413 breaks the higher-low chain off the London low
BoC rate decision Jun 10 is the next major CAD catalyst
19:30 UTC
Uptrend, fresh session high · RSI 71 · price 1.39497
HH/HL chain off session low.
NY session drove USDCAD from the 1.38649 session low to a fresh high at 1.39497, the big US NFP beat (172K vs 85K) overriding Canada's own strong jobs print. Higher-low chain intact, RSI(14) elevated near 70 but not yet stretched as price presses the 1.3950 round number.
Support: 1.3935, 1.39123, 1.38649
Resistance: 1.3950, 1.39499
What it said to watch
Sustained M15 close above 1.3950 round number extends the breakout
Failure to hold 1.39350 breaks the higher-low chain
BoC (Jun 10) and US CPI (Jun 10) are the next major catalysts for this read
19:15 UTC
Uptrend, momentum strong · RSI 69 · price 1.39488
HH/HL chain, near session high.
NY session drove USD/CAD off the 1.3865 low to a session high at 1.3949, net USD strength winning out after the dual US/Canada jobs beats. Clean HH/HL chain, RSI(14) hot near 69 but not extreme; price now consolidating just under the 1.3950 round number.
Support: 1.3935, 1.3920, 1.3877
Resistance: 1.3950
What it said to watch
M15 close back below 1.3935 breaks the rising intraday structure
BoC decision and US CPI on Jun 10 are the next major catalysts for this pair
19:02 UTC
Uptrend, steady momentum · RSI 71 · price 1.39488
Higher highs, higher lows.
NY session drove USDCAD off the 1.38649 low up to a session high at 1.3950, USD strength from the NFP beat outweighing Canada's jobs blowout. Clean chain of higher highs/higher lows into the close, RSI(14) near 70 — hot but not extreme.
Support: 1.3940, 1.39222, 1.38649
Resistance: 1.3950
What it said to watch
M15 close back below 1.3940 breaks the higher-low chain
1.3950 session high — area to watch for break or rejection
BoC (Jun 10) and US CPI ahead are the next material catalysts
NY session drove USDCAD off the 1.3865 lows to a session high at 1.3946; despite Canada's blowout jobs print the USD bid from the 172K NFP beat won out, lifting price into the two-month high zone. RSI(14) near 71 is hot but consistent with the steady HH/HL grind; the 1.3932 breakout level has been respected on the pullbacks.
Support: 1.3932, 1.3916, 1.3900
Resistance: 1.3946, 1.4000
What it said to watch
M15 close above 1.3946 opens the path to the 1.4000 psych level
Failure to hold 1.3932 breakout retest signals a pullback toward 1.3916
BoC decision Jun 10 is the next major CAD catalyst
USDCAD ran a clean NY-session uptrend off the 1.38649 low to 1.39454, the USD NFP beat overpowering Canada's strong jobs print. RSI(14) near 71 — hot but consistent with the trend; price is pressing fresh session highs into the close.
Support: 1.39346, 1.3912, 1.38649
Resistance: 1.39454, 1.4000
What it said to watch
Loss of the 1.39346 higher-low breaks the rising sequence
Acceptance above 1.39454 opens the path toward the 1.40000 psych level
BoC (Jun 10) and US CPI (Jun 10) are the next major catalysts
18:15 UTC
Uptrend, momentum firm · RSI 68 · price 1.39424
Higher highs, higher lows since 1.3865.
USDCAD ground higher through the NY session from the 1.3865 low to a session high at 1.39438; the hot US NFP beat outweighed Canada's strong jobs print. Price sits just under the session high with RSI(14) hot near 68 but not extreme, and a clean chain of higher lows underneath.
Support: 1.39346, 1.3912, 1.38649
Resistance: 1.39438, 1.4000
What it said to watch
M15 close above 1.39438 opens the path to the 1.40000 round number
Failure to hold 1.39346 breaks the rising sequence of higher lows
BoC (Jun 10) and US CPI (Jun 10) are the next material catalysts for this read
18:01 UTC
Uptrend, momentum intact · RSI 66 · price 1.39424
Higher highs / higher lows since NFP low.
USD/CAD swept to 1.38649 on the 12:30 GMT jobs prints, then rallied ~80 pips through NY as the hot US NFP beat overpowered Canada's strong labour data. Price is grinding higher in a clean HH/HL chain, holding just under the 1.39438 session high with RSI(14) around 66.
Support: 1.39346, 1.39204, 1.3909
Resistance: 1.39438
What it said to watch
M15 close below 1.39346 breaks the higher-low chain
Break above 1.39438 extends the NFP rally toward 1.40
BoC decision Jun 10 is the next major CAD catalyst
USD/CAD rallied through the NY session, breaking out of the 1.3870-1.3900 range after the hot NFP print; high printed at 1.3944 with RSI(14) cooling on a shallow pullback to 1.3935. The earlier sweep of 1.3865 marked the session low before buyers stepped in and drove the leg higher.
Support: 1.3923, 1.3908, 1.3900
Resistance: 1.39438
What it said to watch
M15 close back below 1.3908 negates the breakout and reopens the 1.3870 range
Acceptance above 1.3944 extends the higher-high sequence
BoC (Jun 10) and US CPI are the next major catalysts but fall outside the next bars
Higher highs after data sweep, consolidating near session high.
USDCAD swept down to 1.38649 on the 12:30 GMT data block then reversed hard, rallying to a session high of 1.39438 as the USD bid dominated despite a strong Canadian jobs beat. Price is now consolidating in the 1.39350–1.39440 zone, RSI(14) easing back from the highs while holding above EMA20 and EMA50.
Support: 1.3923, 1.3912, 1.38649
Resistance: 1.39438
What it said to watch
M15 close below 1.39230 breaks the higher-low chain
Rejection or break at the 1.39438 session high defines the next leg
BoC (Jun 10) and US CPI next week are the next major catalysts
17:15 UTC
Uptrend, strong momentum · RSI 70 · price 1.39392
Higher highs, higher lows into NY.
USDCAD ripped through the 1.39 handle into NY hours as the 172K NFP beat outweighed Canada's hot jobs print, posting a session high at 1.39438 with RSI(14) running near 70. Price is holding the upper end of the rally; the swing low at 1.38649 marks the base of the move.
Support: 1.3912, 1.3879, 1.38649
Resistance: 1.39438
What it said to watch
M15 close below 1.39120 breaks the rising support and stalls the higher-low chain
BoC (Jun 10) and US CPI (Jun 10) are the next material catalysts for this pair
17:02 UTC
Uptrend, momentum hot · RSI 69 · price 1.39363
Higher highs and higher lows off the 1.3865 sweep low.
NY session drove USD/CAD from a 1.3865 sweep low to a session high at 1.3944 as the US NFP beat (172K vs 85K) fired up the dollar. RSI(14) near 69 and the last bar faded off the high, but the higher-high higher-low chain stays intact.
Support: 1.3923, 1.3900, 1.38649
Resistance: 1.39438
What it said to watch
M15 close back below 1.3923 breaks the intraday higher-low chain
BoC rate decision Jun 10 is the next CAD catalyst that could reset this read
USDCAD ran a clean uptrend through the NY session, rallying from the 1.38649 session low to a fresh high at 1.39438 as the 172K NFP beat kept the dollar bid. RSI(14) near 78 is hot but normal in this kind of trend; the 1.39 handle has flipped to support.
Support: 1.39316, 1.3900, 1.38649
Resistance: 1.39438, 1.3950
What it said to watch
M15 close back below 1.39316 breaks the higher-low chain
1.39438 session high — area to watch for rejection or break toward 1.39500
BoC decision Jun 10 and US CPI Jun 10 are the catalysts that could reset this read
USDCAD ripped out of the 1.3865 base through the prior session range into 1.3940 during NY hours as the 172K NFP beat overpowered Canada's strong jobs print. RSI(14) is hot near 76 after the run, with price stalling just under the 1.39415 session high.
Support: 1.3922, 1.3912, 1.3900
Resistance: 1.39415, 1.3950
What it said to watch
M15 close above 1.39415 opens the path to the 1.3950 psych level
Loss of 1.3922 swing low breaks the rising-low chain off the NY base
BoC and US CPI next week are the offsetting catalysts into the read
16:16 UTC
Uptrend, momentum strong · RSI 74 · price 1.39381
Higher highs, higher lows into fresh session high.
NY session drove USDCAD to a fresh session high at 1.39381, the dollar leg outrunning the strong Canadian jobs print after a 2x-consensus US NFP beat. Buyers stepped in at the 1.38649 sweep and built a clean HH/HL chain; RSI(14) near 74 is hot but normal in this run.
Support: 1.39222, 1.3900, 1.38649
Resistance: 1.39381, 1.3940
What it said to watch
Loss of 1.39222 would break the higher-low chain
BoC decision and US CPI next week are the key catalysts for this pair
16:01 UTC
Uptrend, momentum strong · RSI 73 · price 1.39349
Higher highs off session low.
USDCAD swept the session low at 1.38649 then ran a sharp NY-session recovery to 1.39380 as the blowout US NFP beat outweighed the strong Canada jobs print. RSI(14) is hot near 73 with price extended above both EMAs; session high is the level in focus.
Support: 1.3912, 1.3900, 1.38649
Resistance: 1.3938, 1.3950
What it said to watch
Loss of 1.39120 breaks the higher-low chain and stalls the rally
Close above 1.39380 opens the path toward 1.3950
BoC decision Jun 10 is the next major catalyst for this pair
15:46 UTC
Uptrend, strong NY momentum · RSI 77 · price 1.39338
Post-data rally, fresh session highs.
Twin jobs beats (US NFP +172K, Canada +87.8K) saw the 12:30 GMT print sweep the low to 1.38649 before USD strength took over, driving USDCAD ~70 pips to a session high at 1.39356. RSI(14) is hot near 76 but consistent with the directional NY leg; price holds above EMA20/50.
Support: 1.3916, 1.3900, 1.38649
Resistance: 1.39356
What it said to watch
M15 close back below 1.39000 breakout would stall the rally read
BoC decision Jun 10 is the key near-term catalyst
RSI above 76 — extension at the session high prone to cooling
15:31 UTC
Uptrend, strong momentum · RSI 74 · price 1.39245
Higher highs off spike low, breakout extension.
NY session: the 12:30 GMT data swept the spike low at 1.38649 then reversed hard, USDCAD ripping to a 1.39253 session high as the blowout US NFP (172K vs 85K) outweighed Canada's strong jobs print. Price is extending into the two-month high zone with RSI(14) hot near 74; clean chain of higher lows since the sweep.
Support: 1.39087, 1.3879, 1.38649
Resistance: 1.39253, 1.3925
What it said to watch
Loss of 1.39087 swing low breaks the higher-low chain
Rejection at the 1.39253 session high would cap the run
US CPI (10 Jun) is the next hike-pricing catalyst for this pair
Twin jobs prints at 12:30 GMT (US NFP 172K, Canada +87.8K) whipsawed the pair: a sweep down to 1.38649 was fully reversed, with price rallying to the session high at 1.39192 and now holding 1.3916. RSI(14) near 66 — hot but short of extreme as the recovery presses the 8-week high band near 1.3925.
Support: 1.3900, 1.38649
Resistance: 1.39192, 1.3925
What it said to watch
Close above 1.39250 reclaims the 8-week high
Failure to hold 1.39000 reopens the 1.3865 swing low
BoC decision Jun 10 13:45 UTC is the dominant near-term catalyst
Twin 12:30 GMT jobs prints (US NFP 172K vs 85K, Canada +87.8K) first spiked USDCAD to a 1.38649 false break, then a sharp NY-session reversal drove price to 1.39192, back toward the 1.3925 eight-week high. RSI(14) near 69 — hot but not extreme as the rally extends.
Support: 1.3900, 1.38649
Resistance: 1.39192, 1.3925
What it said to watch
Close above the 1.39250 8wk high opens continuation
Failure to hold the 1.39000 pivot signals the post-data rally is fading
BoC decision Jun 10 is the dominant near-term catalyst
Dual jobs beats (US NFP 172K, Canada +87.8K) whipsawed USDCAD into NY hours: price swept the session low to 1.38649 on the data then rallied ~55 pips to 1.39192, reclaiming the 1.3900 pivot. RSI(14) running hot near 71 as the recovery extends into the session high.
Support: 1.3900, 1.38649, 1.38726
Resistance: 1.39192, 1.3925
What it said to watch
Close above 1.39250 opens the path toward the eight-week high zone
Failure to hold 1.39000 reopens the 1.38649 sweep low
BoC decision Jun 10 is the dominant near-term catalyst
14:16 UTC
Recovery off session low, momentum up · RSI 64 · price 1.3910
V-recovery retesting prior high.
Both US and Canadian jobs beats at 12:30 GMT spiked USDCAD down to 1.38649 before a full V-recovery back to 1.3910. Price is now retesting the 1.3912 prior high with RSI(14) near 64; the spike low at 1.38649 marks session support.
Support: 1.3900, 1.38649, 1.3888
Resistance: 1.3912, 1.3925
What it said to watch
M15 close above 1.3912 opens the path to the 1.3925 8wk high
Failure to hold 1.3900 reopens the 1.38649 spike low
BoC and US CPI on Jun 10 are the next catalysts that could reshape this read
14:02 UTC
Recovered to pivot, choppy · RSI 61 · price 1.39035
Swept session low, V-recovery into 1.3900.
Dual US-Canada jobs beats at 12:30 GMT whipsawed price — swept to 1.38649 then V-recovered straight back to the 1.3900 psych pivot. RSI(14) mid-60s as price tests the 1.39060 intraday cap; net range 1.3865–1.3912 still intact.
Support: 1.3900, 1.38649
Resistance: 1.3906, 1.39119
What it said to watch
M15 close above 1.39119 reopens the path to the 1.3925 session high
Failure to hold 1.39000 pivot reopens the 1.38649 sweep low
Ivey PMI at 14:00 GMT could re-fire CAD volatility
13:46 UTC
Range, V-recovery off lows · RSI 55 · price 1.38988
Swept lows, reclaimed 1.3900 pivot.
Dual US-Canada jobs prints at 12:30 GMT (both beats) spiked USDCAD down to 1.38649 before a sharp V-recovery reclaimed the 1.3900 pivot. Price now stalling at 1.39039 session high, RSI(14) mid-range; offsetting USD/CAD beats left the pair pinned to its pivot.
Support: 1.38649, 1.3875
Resistance: 1.39039, 1.3910
What it said to watch
M15 close above 1.3910 range top opens path back toward 1.3925
Loss of 1.38649 sweep low confirms a fresh lower-low
Dual US/Canada jobs beats at the NFP print whipsawed USD/CAD, sweeping the session low to 1.38649 before a sharp recovery back toward the 1.3900 psych pivot. RSI(14) lifted to ~56 off the lows and price reclaimed EMA20 after rejection of the jobs low; pair now coiling just under the 1.3900 ceiling.
Support: 1.38726, 1.38649
Resistance: 1.3900, 1.39119
What it said to watch
M15 close above 1.3900 psych pivot opens path toward the 1.39119 session high
Failure to hold 1.38726 swing low reopens the 1.38649 jobs low
Ivey PMI and BoC repricing could materially shift this read
13:16 UTC
Recovery off jobs low, choppy · RSI 51 · price 1.38966
Swept lower then reclaimed 1.3890.
Dual US NFP (172K) and Canada jobs (87.8K) beats at 12:30 GMT triggered a volatility spike that swept the swing low to 1.38649 before buyers reclaimed back above 1.3890. Price now hovers near 1.38966, recovering toward the 1.38993 post-jobs high after the false break lower.
Support: 1.38649, 1.38726
Resistance: 1.38993, 1.39119
What it said to watch
M15 close above 1.38993 opens the path to the 1.39119 session high
Failure to hold 1.38726 reopens the 1.38649 jobs low
Ivey PMI at 14:00 GMT could re-inject volatility into this read
Dual US-Canada jobs beats (NFP 172K, CAD 87.8K) drove a volatility spike at the NY open that swept the session low to 1.38649 before snapping back to 1.38936. Prior to that the pair was grinding lower from 1.39119; price now sits mid-range with RSI(14) recovering from oversold.
Support: 1.38649, 1.38727
Resistance: 1.38952, 1.39119
What it said to watch
M15 close back above 1.38952 challenges the 1.39119 range top
Failure to hold 1.38727 reopens the 1.38649 low
Ivey PMI at 14:00 GMT could extend the post-jobs move
Dual US/CA jobs at 12:30 GMT produced a volatile NFP bar — spiked to 1.38935 then dragged to a session low of 1.38649 before closing back near 1.38838. Price has broken below the 1.3900 consolidation that held through the Asian and London hours and now sits under EMA20/50 around 1.3879.
Support: 1.38649, 1.38727
Resistance: 1.38935, 1.3900, 1.39119
What it said to watch
M15 close back above 1.38935 invalidates the downside break
Failure to hold 1.38649 confirms a lower-low
Canada Ivey PMI 14:00 GMT could re-shift CAD within the next hour
Dual CA jobs / US NFP at 12:30 GMT triggered a violent spike to 1.38935 that was instantly rejected, with price collapsing to a session low of 1.38649 before closing 1.38679. The move broke down out of the 1.3900–1.3910 NY range and price now sits below EMA20/50 with RSI cooling to the high-30s.
Support: 1.38649, 1.38727
Resistance: 1.38935, 1.3900, 1.39119
What it said to watch
Reclaim above 1.38935 spike high invalidates the breakdown read
Failure to hold 1.38649 session low opens further downside
Post-NFP volatility elevated — next bars may extend or fully retrace the spike
12:16 UTC
Downtrend, basing after bounce · RSI 44 · price 1.38788
Lower highs, bounce off session low.
USDCAD ground lower through the London session from 1.3912 to a 1.38675 low, then bounced back to 1.3882 where supply capped it. Price now coils just under 1.3880 into the dual US/CA jobs releases, holding above the session low but below the 1.3890 psych pivot.
Support: 1.38675, 1.38727
Resistance: 1.38827, 1.3890
What it said to watch
US NFP + Canada jobs at 12:30 GMT will likely set direction within minutes
M15 close above 1.38900 negates the lower-high sequence
Loss of 1.38675 confirms continuation of the intraday downtrend
Lower highs and lower lows, basing near session low.
USDCAD slid off the 1.3900 pivot through the London-NY transition, printing a session low at 1.38675 before stabilising near 1.3878. Price holds below EMA20 and EMA50; RSI(14) near 43 after the recent bounce off lows stalled at the 1.38821 swing high.
Support: 1.38675, 1.38735
Resistance: 1.38821, 1.3900, 1.39086
What it said to watch
Dual US payrolls + Canada jobs at 12:30 GMT could materially shift this read
M15 close back above 1.38821 challenges the lower-high sequence
Loss of 1.38675 confirms continuation of the lower-low chain
11:46 UTC
Downtrend, bounce off lows · RSI 43 · price 1.38781
Lower highs, lower lows; bounce from session low.
USDCAD slid from the 1.3910 ceiling through London hours into a session low of 1.38675, then bounced to 1.38821 before easing back to 1.38781. Sequence of lower highs intact with price below EMA20/50; RSI(14) recovering off its trough near 42.
Support: 1.38675, 1.38735
Resistance: 1.38821, 1.39119
What it said to watch
Dual Canada jobs + US NFP at 12:30 GMT (~45m) could materially shift this read
M15 close back above 1.38821 breaks the lower-high chain
Loss of 1.38675 confirms continuation of the down leg
USDCAD slid through the morning from 1.3908 to a session low of 1.38675, a chain of lower highs and lower lows with RSI(14) cooling near 41. Price has bounced to 1.38815 but holds below EMA20/50; dual Canada jobs and US NFP land at 12:30 GMT.
Support: 1.38675, 1.38735
Resistance: 1.38872, 1.3890, 1.39086
What it said to watch
Canada jobs + US NFP at 12:30 GMT could materially shift this read
M15 close above 1.38872 breaks the lower-high sequence
Failure to hold 1.38675 extends the lower-low chain
USDCAD has rolled over from the 1.3908 NY-area high in a clean lower-high/lower-low sequence, printing a fresh session low at 1.38675 before a shallow bounce to 1.3877. CAD firmness sits ahead of dual Canada jobs and US payrolls at 12:30 GMT; price is pinned below EMA20/50 with RSI(14) near 38, not yet stretched.
Support: 1.38675, 1.38727
Resistance: 1.38872, 1.3890
What it said to watch
Canada jobs + US NFP at 12:30 GMT can override this read within the next bar
M15 close back above 1.38900 round number breaks the lower-high sequence
USDCAD chained lower highs and lows from 1.3909, sliding to a 1.38675 session low before a modest bounce to 1.38766, price holding below EMA20/50. RSI(14) near 38, off its lows but not oversold; CAD soft into the dual CA/US jobs prints at 12:30 GMT.
Support: 1.38675, 1.38727
Resistance: 1.3879, 1.3890
What it said to watch
Reclaim of 1.38790 would stall the lower-high sequence
Loss of 1.38675 confirms continuation lower
CA jobs + US NFP at 12:30 GMT could materially shift this read
USDCAD broke down out of the 1.3905-1.3910 shelf during the London session, sliding to a fresh session low at 1.38675 with RSI(14) near 29. Price pinned at the lows into the dual US/Canada jobs reports, holding below EMA20 and EMA50.
Support: 1.38675, 1.3850
Resistance: 1.3879, 1.3895, 1.39119
What it said to watch
US Nonfarm Payrolls and Canada jobs at 12:30 GMT could materially shift this read
M15 close back above 1.38790 would break the lower-high chain
Loss of 1.38675 extends the lower-low sequence toward 1.3850
USDCAD broke down from the 1.3900-1.3910 consolidation through the London-NY transition, printing a fresh session low at 1.38727 with price below both EMAs. RSI(14) near 29 reflects the extended slide; CAD remains soft into dual Canada jobs and US NFP at 12:30 GMT.
Support: 1.38727, 1.3870
Resistance: 1.3889, 1.3900, 1.39086
What it said to watch
Canada jobs + US NFP at 12:30 GMT can override this read entirely
Loss of 1.38727 confirms continuation of the lower-low sequence
M15 close back above 1.38890 neutralises the breakdown
USDCAD broke down out of the multi-hour 1.3900 pivot during the London session, printing fresh lows at 1.38727 with RSI(14) near 30. The decline is clean lower highs/lower lows; sellers have controlled every bounce attempt since the 1.39074 swing high failed.
Support: 1.38727, 1.3870
Resistance: 1.3890, 1.39074
What it said to watch
Dual CA jobs + US NFP at 12:30 GMT (~2h out) can materially shift this read
Reclaim of 1.38900 would neutralise the breakdown
Loss of 1.38727 extends the lower-low sequence
10:01 UTC
Downtrend, fresh lows · RSI 29 · price 1.38755
Lower highs, lower lows.
USDCAD ground lower through the London session, slipping off the 1.3900 pivot to a fresh session low of 1.38727 with RSI(14) into the high-20s. The leg from 1.39119 has printed a clean lower-high chain; price sits pinned at the lows on a thin pre-NFP bar.
Support: 1.38727, 1.3865
Resistance: 1.3890, 1.39086, 1.39119
What it said to watch
M15 close back above 1.38900 invalidates the lower-high sequence
Dual US payrolls + Canada jobs at 12:30 GMT can override this structure
USDCAD broke down through 1.3900 during London, printing a fresh session low at 1.38772 with RSI(14) near 31. Lower-high, lower-low chain intact after the slide from 1.39086; price pinned below EMA20/50 ahead of dual US/Canada jobs at 12:30 GMT.
Support: 1.38772, 1.3870, 1.38807
Resistance: 1.3890, 1.39086, 1.39119
What it said to watch
Dual US payrolls + Canada jobs at 12:30 GMT could materially shift this read
Reclaim of 1.38900 would break the lower-high sequence
Failure to hold 1.38772 confirms continuation toward 1.38700
09:31 UTC
Downtrend, fresh leg lower · RSI 33 · price 1.38817
Lower highs, lower lows below 1.3900 pivot.
USDCAD broke below the 1.3900 pivot and is grinding out lower lows toward 1.38797 as the dollar softens into the dual US/Canada jobs prints. RSI(14) near 33 — cooling but not yet extreme — with price holding under both EMAs.
Support: 1.38797, 1.3880
Resistance: 1.3900, 1.39119
What it said to watch
US NFP + Canada jobs at 12:30 GMT (~3h) can override this read
A close back above 1.3900 pivot invalidates the lower-low sequence
Failure to hold 1.38797 session low extends the down leg
Breakdown from 1.3905 consolidation, lower highs/lows.
London session broke USDCAD down from the multi-hour 1.3905 consolidation, printing lower lows into 1.38817 with RSI(14) near 36. Price sits pinned at the session low ahead of dual CA/US jobs at 12:30 GMT.
Support: 1.38817, 1.38807
Resistance: 1.3890, 1.38999, 1.39119
What it said to watch
M15 close back above 1.38900 negates the breakdown read
Failure to hold 1.38817 confirms continuation of lower lows
Canada jobs + US NFP at 12:30 GMT can materially shift this read
09:02 UTC
Downtrend, into session low · RSI 39 · price 1.38882
Lower highs, range break lower.
USDCAD coiled near 1.3905 through the Asian and early London hours, then broke lower into the European session, printing a fresh low at 1.38823 with RSI cooling toward the high-30s. CAD remains a laggard near the week's lows; price is now pinned just above session support ahead of dual CA/US jobs.
Support: 1.38823, 1.38807
Resistance: 1.3900, 1.39086, 1.39119
What it said to watch
M15 close back above 1.3900 negates the breakdown
Failure to hold 1.38823 opens 1.38807 and below
CA/US jobs at 12:30 GMT (~3.5h) could materially shift this read
USDCAD rolled over during London hours, rejecting 1.3909 and printing fresh session lows into 1.38823 with price trading below EMA20/50. RSI(14) near 38, cooling but not stretched; CAD remains the laggard ahead of dual jobs data.
Support: 1.38823, 1.38807
Resistance: 1.39086, 1.39119
What it said to watch
Canada employment and US NFP at 12:30 GMT could materially shift this read
M15 close back above 1.39086 negates the lower-high sequence
Failure to hold 1.38807 confirms continuation lower
08:31 UTC
Downtrend, fresh leg lower · RSI 36 · price 1.38852
Broke below range, holding near session low.
USDCAD spent most of the window grinding sideways near 1.3905, then London hours forced a clean break below 1.39000 down to a session low of 1.38823 as CAD stayed a laggard. RSI(14) cooling near 36 with price consolidating just off the low ahead of dual CA/US jobs at 12:30 GMT.
Support: 1.38823, 1.38807
Resistance: 1.3895, 1.3904, 1.39086
What it said to watch
M15 close below 1.38807 confirms a lower low
Reclaim of 1.39000 negates the breakdown
Dual CA/US jobs at 12:30 GMT can materially shift this read
08:16 UTC
Downtrend, accelerating into jobs data · RSI 34 · price 1.38836
Range break lower, printing session low.
USDCAD broke down from the overnight 1.3903-1.3910 consolidation during late London hours, sliding to a session low of 1.38823 with RSI(14) near 33. The drop comes as CAD trades cautiously into simultaneous Canadian and US labour data; price now sits just above the 1.38807 prior swing low.
Support: 1.38807, 1.3875
Resistance: 1.38948, 1.39074
What it said to watch
M15 close back above 1.38948 invalidates the breakdown read
Dual CA/US jobs at 12:30 GMT can materially shift this read
Failure to hold 1.38807 confirms a lower-low toward 1.3875
08:02 UTC
Downtrend, fresh leg lower · RSI 34 · price 1.38855
Broke below 1.3890 range floor into session low.
USDCAD rolled over through the 1.3890 floor in the London session, printing a session low at 1.38853 as CAD stays a laggard near eight-week extremes. RSI(14) cooling toward 33 but not yet stretched; the drop accelerated off the 1.39086 lower high.
Support: 1.38833, 1.38807
Resistance: 1.39086, 1.39119
What it said to watch
Reclaim of 1.38860 floor opens path back toward 1.39086
Dual CA/US jobs at 12:30 GMT could materially shift this read
USDCAD chopped in a 1.3900–1.3910 band through Asia and early London, then sold off through the London-NY transition, breaking below the range to a fresh session low at 1.38848 with CAD finding modest oil support. RSI(14) near 32, approaching but not yet at extreme.
Support: 1.38807, 1.38819
Resistance: 1.3899, 1.39085, 1.39119
What it said to watch
Break below 1.38807 confirms a lower low
Reclaim of 1.38990 negates the range break
Simultaneous US and Canadian May jobs at 12:30 GMT can materially shift this read
07:31 UTC
Range drifting lower · RSI 36 · price 1.38889
Range broken to the downside late session.
USDCAD chopped sideways in a 1.3900-1.3912 band through the Asian session before slipping in the last hour, now pressing the session low near 1.38807. Price trades below both EMAs with RSI(14) cooling to the mid-30s; trade stays cautious into the dual US/Canada jobs prints.
Support: 1.38807, 1.38875
Resistance: 1.39085, 1.3912, 1.39234
What it said to watch
US + Canada employment at 12:30 GMT (~5h) is the dominant risk for the next move
M15 close below 1.38807 confirms a lower-low extension
Reclaim of 1.39085 puts price back inside the prior range
USDCAD spent the London morning pinned around 1.3905 after rejecting 1.39119, then sold off to 1.38938 in the last hour, slipping below EMA20/50. Price is holding just above the 1.38900 psych line, with the broader range floor at the 1.38807 session low; trade is cautious into the simultaneous US/CAD jobs prints at 12:30 GMT.
Support: 1.3890, 1.38807
Resistance: 1.39085, 1.39119
What it said to watch
Close below 1.38900 opens the 1.38807 session low
Reclaim of 1.39085 puts the 1.39119 swing high back in play
Dual US/Canada jobs at 12:30 GMT can reset this range
USDCAD coiled in a tight 1.3897–1.3911 band through the Asia session, easing off the 1.3925 eight-week high noted in the digest as oil firmed. Last bars dipped to 1.38977 and price sits just under EMA20/EMA50, no clean directional break yet.
Support: 1.38966, 1.38807
Resistance: 1.39105, 1.39246
What it said to watch
US NFP and Canadian jobs at 12:30 GMT could break this range either way
M15 close below 1.38807 confirms a lower-low out of the range
Reclaim of 1.39105 reopens the 1.3925 range top
06:46 UTC
Range-bound, slipping late · RSI 43 · price 1.38974
Tight consolidation near 1.3905, micro break lower.
USDCAD spent the Asian session coiled around 1.3905 after easing from the 1.3925 eight-week high, then slipped to 1.38974 on the last two bars. CAD found marginal support on firmer WTI; both US NFP and Canadian jobs land 12:30 GMT, which dominates the next move.
Support: 1.3889, 1.38819
Resistance: 1.39105, 1.39246
What it said to watch
M15 close below 1.3889 opens a retest of 1.38819
Reclaim of 1.39105 puts the session high back in play
US NFP and Canadian jobs at 12:30 GMT will reset this range read
06:31 UTC
Ranging, momentum flat · RSI 47 · price 1.39032
Tight consolidation near 1.3905.
USDCAD is coiling around 1.3905 through the Asian and early London hours, pinned just under its EMAs with RSI(14) flat near 47. Price eased off the 1.3925 8-week high earlier as a WTI bounce supported CAD; intraday range has compressed to a few pips ahead of dual-headline risk.
Support: 1.38985, 1.38819
Resistance: 1.39105, 1.39246
What it said to watch
NFP and Canadian jobs both at 12:30 GMT could break this consolidation in either direction
M15 close above 1.39105 reopens the 1.3925 area
Loss of 1.38985 exposes the 1.38819 session low
06:16 UTC
Range, flat into NFP · RSI 55 · price 1.3908
Consolidation under 1.3925 ceiling.
USDCAD is coiling in a tight 1.3900-1.3912 band through the Asia session after fading from the 1.39246 eight-week high; WTI strength and a softer USD trimmed the pair off that ceiling. RSI(14) near 55 and ATR compressed to ~5 pips — no setup in play ahead of the data.
Support: 1.3900, 1.38807
Resistance: 1.39119, 1.39246
What it said to watch
Canadian jobs + US NFP at 12:30 GMT (~6h) could materially shift this read
M15 close above 1.3925 reopens the upside; break below 1.3880 confirms a lower-low
06:02 UTC
Range, momentum flat · RSI 53 · price 1.39053
Consolidation after recovery off 1.3880.
USDCAD is coiling tightly between 1.3900 and 1.3912 after recovering from the 1.3880 London low, sitting near the 61.8% retrace of the earlier drop. RSI(14) is neutral near 53 and ATR has compressed to ~5 pips — no setup in play ahead of the data.
Support: 1.3900, 1.38807
Resistance: 1.39119, 1.39246
What it said to watch
M15 close above 1.3912 reopens the 1.39246 high
Loss of 1.3900 exposes the 1.3880 swing low
US NFP and Canadian jobs at 12:30 GMT will materially shift this read
05:46 UTC
Ranging, momentum flat · RSI 51 · price 1.39038
Tight consolidation under 1.3910.
USDCAD is coiling in a 1.3902–1.3910 range after the earlier dip to 1.38807 was fully recovered, with WTI strength helping CAD cap the 1.39 ceiling. Price is pinned to EMA20 with RSI(14) flat near 50 — no directional structure in play ahead of the data.
Support: 1.3890, 1.38807
Resistance: 1.39119, 1.39246
What it said to watch
Dual catalyst: US NFP and Canadian jobs both at 12:30 UTC will likely break this range
M15 close above 1.39119 reopens the 1.39246 prior high
Loss of 1.38900 puts the 1.38807 swing low back in focus
05:31 UTC
Consolidating, flat into NFP · RSI 50 · price 1.39037
Tight range after sweep of session low.
USDCAD coiling near 1.3904 just under the 1.3910 range top after early sweep down to 1.3881 was bought back, oil-supported CAD capping the upside. Tight, low-range tape with RSI hovering near 50 ahead of dual US and Canadian jobs prints.
Support: 1.3900, 1.38807
Resistance: 1.39105, 1.39246
What it said to watch
US NFP and Canadian jobs both at 12:30 GMT (~7h) likely to break this range
M15 close above 1.39105 opens path back to 1.3925
Loss of 1.3900 reopens 1.3881 session low
05:16 UTC
Range-bound, flat · RSI 52 · price 1.39045
Tight consolidation near 1.3905.
USDCAD is coiling in a tight 1.3900-1.3910 range through the Asian session, holding the 1.39 round number after recovering from the 1.38807 session low. Price pinned near 1.39045 with RSI flat around 52 — no momentum either way as the market sits on its hands into the dual 12:30 GMT US NFP and Canadian jobs releases.
Support: 1.3900, 1.3890, 1.38807
Resistance: 1.39105, 1.39246
What it said to watch
M15 close above 1.39105 reopens the 1.39246 session high
Loss of 1.39000 exposes 1.38900 swing low
US NFP and Canadian jobs at 12:30 GMT (~7.5h) will likely break this range
05:02 UTC
Ranging, momentum flat · RSI 50 · price 1.39031
Tight consolidation under 1.39 ceiling.
USDCAD coiling in a 15-pip band around 1.3903 through the Asian session, capped at the 1.39 ceiling after the bounce off 1.38819 stalled near 1.39119. Pair holds the well-flagged 1.39 area as oil-driven CAD strength offsets firm USD ahead of dual jobs prints.
Support: 1.38985, 1.38819
Resistance: 1.39119, 1.39246
What it said to watch
US NFP and Canada employment at 12:30 GMT (~7.5h) could materially shift this read
M15 close above 1.39119 reopens the 1.39246 range high
Loss of 1.38985 exposes the 1.38819 swing low
04:46 UTC
Ranging, low volatility · RSI 50 · price 1.39041
Tight consolidation under 1.39 area.
USDCAD is coiling around 1.3904 in a thin pre-data range after pulling back from the 1.39246 session high; the pair stays capped at the 1.39 ceiling noted on rising oil. Volatility has collapsed into the last few hours with ATR near 25 pips as the market sits on hands ahead of dual jobs reports.
Support: 1.38988, 1.38807
Resistance: 1.39119, 1.39246
What it said to watch
US NFP and Canadian jobs both 12:30 GMT today will likely break this range
M15 close above 1.39119 reopens the 1.39246 session high
Loss of 1.38988 round level exposes 1.38807 session low
04:31 UTC
Ranging, momentum flat · RSI 51 · price 1.39043
Consolidation mid-range near 1.3905.
USDCAD is grinding sideways near 1.3905 through the Asia session, pinned under the 1.39 ceiling flagged in the CAD read after the oil-led bounce off 1.38807. Volatility has collapsed into a tight 1.3900-1.3911 band with RSI(14) flat near 51.
Support: 1.3900, 1.38985, 1.38807
Resistance: 1.39119, 1.39246
What it said to watch
US NFP and Canadian jobs at 12:30 GMT could break this range
Close above 1.39246 reopens the eight-week high
Loss of 1.38807 confirms a lower low
04:16 UTC
Ranging, no momentum · RSI 53 · price 1.39039
Consolidation under 1.39 ceiling.
USDCAD is grinding sideways around 1.3904, pinned just under the 1.39 ceiling flagged into the jobs double-header. London dipped to 1.3881 before oil-driven CAD support pulled the pair back; the last several hours are tight consolidation between 1.3900 and 1.3910 with RSI flat near 53.
Support: 1.3900, 1.38807
Resistance: 1.39105, 1.39246
What it said to watch
M15 close above 1.39105 reopens 1.39246 session high
Loss of 1.39000 round number exposes 1.38807 swing low
US NFP and Canadian jobs at 12:30 GMT (~8.5h) will break this range
04:02 UTC
Ranging, no clear direction · RSI 47 · price 1.39038
Consolidation under 1.39 ceiling.
USDCAD is coiling tightly around 1.3904 in the Asia session after retracing from the 1.39246 session high and bouncing off the 1.38807 low; the pair stays capped at the 1.39 ceiling as firmer oil supports CAD. ATR has compressed to ~6 pips, reflecting pre-data consolidation ahead of dual US and Canadian jobs.
Support: 1.3900, 1.38807
Resistance: 1.39119, 1.39246
What it said to watch
M15 close above 1.39119 reopens the path to the 1.39246 session high
Loss of 1.39000 exposes the 1.38807 session low
US NFP and Canadian jobs at 12:30 GMT (~8.5h) could materially shift this read
03:46 UTC
Ranging under 1.39 ceiling · RSI 50 · price 1.39041
Consolidation, mid-range.
USDCAD is coiling around the 1.3900 round number after a soft Asian session, capped under the 1.39105 recent high and the broader 1.39 ceiling. Price retraced part of the 1.38807-to-1.39105 up-leg and has gone flat into the European handover with RSI(14) near 50 and ATR compressed.
Support: 1.3900, 1.38904, 1.38807
Resistance: 1.39105, 1.39246
What it said to watch
Canadian jobs and US NFP at 12:30 UTC could break this range either way
M15 close above 1.39105 reopens 1.39246 session high
Failure to hold 1.39000 exposes the 1.38904 swing low
03:31 UTC
Ranging, no momentum · RSI 52 · price 1.39041
Balancing mid-range near 1.3904.
USDCAD coiled in Asia hours just above the 1.3900 round number, holding well below the 1.39246 range high after rejection near 1.3920 earlier. The pair sits mid-range with RSI flat around 52 and ATR compressed; no setup in play ahead of the data.
Support: 1.3900, 1.38807, 1.38876
Resistance: 1.39119, 1.39246
What it said to watch
Dual US NFP and Canadian jobs at 12:30 UTC could break this range
M15 close above 1.39119 reopens 1.39246 range high
Loss of 1.39000 exposes session low at 1.38807
03:16 UTC
Ranging, no clear bias · RSI 47 · price 1.39026
Balanced range below 1.3911.
USDCAD is coiling around 1.3902 in late Asia, capped at the 1.3911 session high and supported near 1.3899 after the bounce off the 1.38807 swing low. Range-bound with RSI(14) near the midline and ATR compressed to ~8 pips; no setup in play ahead of the data.
Support: 1.3899, 1.38807
Resistance: 1.39105, 1.39246
What it said to watch
Canadian jobs and US NFP at 12:30 UTC today can break this range either way
M15 close above 1.3911 opens the path back to 1.39246
Failure to hold 1.38990 exposes the 1.38807 swing low
03:02 UTC
Ranging, flat · RSI 47 · price 1.3901
Balance around 1.3905 after fade from 1.3925.
USDCAD is coiling near 1.3901 in quiet Asia hours after fading from the 1.3925 high to 1.3881 and recovering. Price has chopped in a 1.3900-1.3911 band for the last several hours with RSI flat near mid-range. Canadian jobs and US NFP both land 12:30 UTC and dwarf current intraday structure.
Support: 1.3900, 1.38807
Resistance: 1.39119, 1.39246
What it said to watch
M15 close above 1.3912 reopens 1.3925 prior high
Break below 1.3900 psych exposes 1.3881 swing low
US NFP and Canadian employment at 12:30 UTC will override this range read
02:46 UTC
Ranging, momentum flat · RSI 47 · price 1.39019
Consolidation under 1.3912 after fade from session high.
USDCAD is ranging through the Asia session between 1.38985 and 1.39119, drifting off the early-window 1.39246 high after CAD slipped to eight-week lows below 1.39. Price coils around the EMAs with RSI near 47, no directional impulse in play.
Support: 1.38985, 1.38807
Resistance: 1.39119, 1.39246
What it said to watch
M15 close above 1.39119 reopens the 1.39246 session high
Loss of 1.38985 exposes the 1.38807 session low
Canadian jobs and US NFP at 12:30 UTC (~10h) could materially shift this read
02:31 UTC
Ranging, no clear momentum · RSI 50 · price 1.39008
Consolidation under 1.3925 highs.
USDCAD is ranging around 1.3900 in the Asia session, coiling below the 1.3925 eight-week high after a pullback from the 1.39246 swing. Price retraced roughly half of the prior drop to 1.38807 and stalled; RSI(14) flat near 50 with ATR compressed to ~5 pips.
Support: 1.3890, 1.38807
Resistance: 1.3912, 1.39246
What it said to watch
Close above 1.39120 reopens the 1.39246 swing high
Loss of 1.38900 exposes the 1.38807 swing low
US NFP and Canadian jobs ~12:30 UTC (~10h) can break this range
02:16 UTC
Ranging, no clear direction · RSI 47 · price 1.39017
Consolidation after London swing, balanced.
USDCAD is hugging the 1.3900 round number through the Asia session, coiling after London drove a push to 1.39246 and a sell-off into 1.38807. Recovery stalled at the 1.39105 swing high; price now chops in a tight 1.3900–1.3911 band with RSI(14) flat near 47.
Support: 1.3900, 1.38807
Resistance: 1.39105, 1.39246
What it said to watch
M15 close above 1.39105 reopens the path to the 1.39246 session high
Break below 1.39000 puts the 1.38807 session low back in play
Canadian jobs and US NFP both at 12:30 UTC (~10h) could materially shift this read
02:02 UTC
Ranging, no clear momentum · RSI 51 · price 1.3903
Consolidation under 1.3925 high.
USDCAD is consolidating around 1.3905 in the Asia session after fading from eight-week highs near 1.3925; price is pinned near the 50% retracement of that decline. RSI(14) is flat near 51 with ATR compressed, no setup in play.
Support: 1.3899, 1.3881
Resistance: 1.3912, 1.3925
What it said to watch
M15 close above 1.3912 reopens the 1.3925 session high
Loss of 1.3899 exposes the 1.3881 session low
US NFP and Canadian jobs at 12:30 UTC could break this range
01:46 UTC
Range, drifting sideways · RSI 55 · price 1.39062
Rotating mid-range after pullback from 1.3925.
USDCAD is rotating around 1.3906 after fading from the 1.3925 eight-week high, with the Israel-Lebanon ceasefire trimming crude support for CAD. Asian session has held a tight 1.3905-1.3110 range with RSI(14) neutral near 55; no setup in play.
Support: 1.38904, 1.38819
Resistance: 1.39119, 1.39246
What it said to watch
M15 close above 1.39119 reopens the 1.3925 high
Loss of 1.38819 confirms a lower-low
Canadian jobs and US NFP at 12:30 UTC could materially shift this read
01:31 UTC
Range, near top · RSI 56 · price 1.39102
Intraday range, holding upper half.
USDCAD tagged eight-week highs at 1.39246 then pulled back, now consolidating around 1.3910 inside a 1.3881–1.3925 range as a ceasefire-driven crude move kept CAD mixed. RSI(14) mid-range, price holding above EMA20/50 with the round 1.3900 supporting on dips.
Support: 1.3900, 1.38807
Resistance: 1.39124, 1.39246
What it said to watch
Dual jobs prints — US NFP and Canada employment at 12:30 UTC — could break this range either way
M15 close above 1.39246 extends the upside; loss of 1.3900 opens 1.38807
Asia session is coiling in a tight 1.3905-1.3910 band after USDCAD recovered from the 1.3880 session low, with the pair pinned near 1.3900 having slipped off eight-week highs as easing geopolitical risk trimmed USD premium. RSI(14) neutral near 55, ATR a thin ~5 pips reflecting low Asian liquidity.
Support: 1.3900, 1.38807
Resistance: 1.39105, 1.39246
What it said to watch
M15 close above 1.39105 reopens the path to the 1.39246 swing high
Loss of 1.3900 reopens the 1.3880 session low
US NFP at 12:30 UTC can materially shift this read
01:02 UTC
Ranging, no clear direction · RSI 54 · price 1.39064
Range-bound, mid-range.
USDCAD is ranging between the 1.38807 session low and the 1.39246 swing high, currently coiling near 1.3906 in thin Asia hours after pulling back from eight-week highs on a softer USD. Price is pinned mid-range with RSI flat near 54 and no momentum in either direction.
Support: 1.3900, 1.3890, 1.38807
Resistance: 1.39105, 1.39246
What it said to watch
M15 close above 1.39105 reopens the path toward 1.39246
Loss of 1.39000 exposes the 1.38900 swing low
US Nonfarm Payrolls at 12:30 UTC could materially shift this read
USDCAD is coiling around 1.3906 in thin Asian-session trade after recovering from the 1.38807 low and the eight-week high near 1.3925 stalled out. Price holds above EMA20/50 with RSI(14) neutral near 55; the 1.39105 intraday high caps and 1.39000 round number underpins.
Support: 1.3900, 1.3889, 1.38807
Resistance: 1.39105, 1.39246
What it said to watch
M15 close above 1.39105 reopens the 1.39246 prior high
Loss of 1.39000 exposes the 1.38890 swing low
Canada employment + US NFP Fri 12:30 UTC can break this range
00:31 UTC
Ranging, no momentum · RSI 53 · price 1.39061
Consolidation inside intraday range.
USDCAD is coiling in a tight range around 1.3906 through the Asia session after fading from the 1.39246 swing high and basing at the 1.38807 session low. Price reclaimed the EMAs but momentum is flat with RSI near 53; the move stalled near 1.3900 after the Israel-Lebanon ceasefire trimmed USD safe-haven demand.
Support: 1.3898, 1.38807
Resistance: 1.39105, 1.39246
What it said to watch
M15 close above 1.39105 reopens the path to the 1.39246 swing high
Loss of 1.38980 exposes the 1.38807 session low
Canada jobs and US NFP Fri 12:30 UTC could materially shift this read
Asian-session range after recovery off session low.
USDCAD is ranging 1.3899–1.3911 through the Asian session after recovering off the 1.38807 session low, with RSI(14) neutral near 54. The pair sits mid-way back from the earlier 1.39246–1.38807 swing as easing geopolitical risk trims USD premium near 1.3900.
Support: 1.3890, 1.38807
Resistance: 1.39105, 1.39246
What it said to watch
M15 close above 1.39105 opens the path back to 1.39246
Failure to hold 1.38900 exposes the 1.38807 session low
US/Canada jobs both at 12:30 UTC Friday could materially shift this read
Recovery off 1.3881 low, consolidating near 1.3907.
USDCAD is pinned near 1.3907 in thin late-session trade after recovering from the 1.3881 low, with the pullback from eight-week highs near 1.3925 stalling. Price holds just above the 1.3900 round number; the session high at 1.39246 caps above. NFP and Canada jobs Friday 12:30 UTC are the binding risk for the next break.
Support: 1.3900, 1.38807
Resistance: 1.39105, 1.39246
What it said to watch
M15 close below 1.3900 reopens the 1.38807 swing low
Break above 1.39246 session high resumes the upside
US and Canada jobs Fri 12:30 UTC can break this range