USDCAD is consolidating just below the 1.4248 15-month high after Monday's NY-session push to 1.4238 stalled and left a run of lower highs. Price has since eased back under EMA(20) to 1.4205, filling the 61.8% retrace of that leg, with RSI(14) cooling toward the mid-40s. The digest flags a soft CAD undertone into Friday's jobs, but H1 momentum has flattened into the range.
Support: 1.4173, 1.4150
Resistance: 1.4213, 1.4238, 1.4248
What it said to watch
H1 close above 1.4238 exposes the 1.4248 15-month high
Loss of 1.4173 pivot confirms a lower low and opens 1.4150
FOMC minutes Wed 18:00 UTC could materially shift this read
23:02 UTC
Range-bound, edging off highs · RSI 45 · price 1.42051
Consolidation below week high after recovery from Friday's dip.
USDCAD recovered from Friday's 1.41498 spike-low back toward the 1.42383 week high, where the latest NY-session push was rejected and price has since drifted back to 1.4205, slipping under the EMA20. The pair is consolidating near 15-month highs with RSI cooling toward 45 as the CUSMA trade angst and soft-CAD undertone keep the broader bid intact. Price is now sitting on the 1.42030 session floor with the EMA50 close beneath.
Support: 1.4203, 1.41955, 1.41498
Resistance: 1.42186, 1.42383, 1.4248
What it said to watch
H1 close below 1.42030 exposes 1.41955 and the 1.41498 week low
Reclaim of 1.42186 reopens the 1.42383 week high
FOMC minutes Wed 18:00 UTC and Ivey PMI Jul 7 could shift this consolidation
Canada jobs Fri 12:30 UTC a key catalyst for the CAD leg
22:02 UTC
Uptrend, pullback in progress · RSI 44 · price 1.42027
Consolidating below session high after impulse.
USDCAD retook 1.4200 into the latest session, running an impulse off the 1.41862 low up to a 1.42383 session high before rolling over — safe-haven USD demand and a soft CAD undertone kept the pair bid near 15-month highs. Price has since retraced roughly two-thirds of that move and slipped back under EMA20/EMA50 with RSI(14) cooling toward the mid-40s. The 1.42383 session high capped the advance; 1.41862 is the near-term floor.
Support: 1.41862, 1.4150
Resistance: 1.42383, 1.4248
What it said to watch
H1 close below 1.41862 confirms a deeper retracement toward the 1.4150 week low
Reclaim of 1.42383 reopens the path to the 1.4248 15-month high
FOMC minutes (Wed 18:00 UTC) and Canada jobs (Fri) could materially shift this read
22:02 UTC
Range near week highs, momentum cooling · RSI 47 · price 1.42027
Consolidation below 1.4238 after mid-week recovery.
USDCAD recovered off the 1.4150 zone after the weekend gap open, with USD retaking 1.4200 as DXY reclaimed 101 on safe-haven flows and a soft CAD undertone. The NY session yesterday drove the push to a 1.42383 week high, but the level rejected and price has since drifted back to 1.42027, cooling RSI(14) back toward the midline. Price sits below EMA20 but holds above EMA50, keeping the read balanced within the week's range.
Support: 1.41955, 1.4185, 1.41498
Resistance: 1.42383, 1.4248
What it said to watch
H1 close below 1.41955 exposes the 1.4185 prior low
Reclaim of 1.42383 opens the path to the 1.4248 15-month high
FOMC Minutes (Wed 18:00 UTC) and Canada jobs (Fri) could reset this range
USDCAD held its ascending channel this week, rallying from Monday's ~1.4186 open through the NY session to a 1.42383 week high before rejecting and fading back to 1.4204. The pair sits near 15-month highs with CAD heavy on dovish-BoC and trade-review themes; the current pullback has slipped below EMA(20) with RSI cooling toward the mid-40s. Demand near the 1.4200 round level is capping the retrace so far.
Support: 1.4200, 1.41862, 1.4177
Resistance: 1.42383, 1.4248
What it said to watch
H1 close below 1.4186 breaks this-week's rising lows and the channel
Break above 1.4238 opens the path to the 1.4248 cycle high
FOMC minutes Wed and Canada jobs Fri could materially reshape this read
USDCAD held its ascending channel this week, pushing to a fresh week high at 1.42383 during the NY session before rejecting and fading back to 1.42043 with RSI(14) cooling into the low 40s. Price has slipped below the EMA20 near 1.42180 as the pullback develops, but the higher-low sequence off the 1.41498 week low keeps the channel structure intact. CAD stayed heavy near cycle highs on the dovish-BoC theme, with 1.42000 the immediate round-number pivot into the close.
Support: 1.4200, 1.41592, 1.41498
Resistance: 1.4218, 1.42383
What it said to watch
H1 close below 1.42000 opens the channel low at 1.41592
Reclaim of the EMA20 near 1.42180 puts the 1.42383 week high back in play
Canada jobs (Fri 12:30 UTC) could materially shift this read
USDCAD spent the week grinding higher inside an ascending channel toward the 1.4238 week high before the NY session capped the move and price faded back to 1.4205. RSI(14) has cooled from overbought into the low 40s and price has slipped below EMA(20), reflecting the pullback; the pair still holds above EMA(50) and the 1.4150 week support. Dovish-BoC and trade-risk themes keep the pair bid near 15-month highs but momentum has stalled at resistance.
Support: 1.4180, 1.4150, 1.4150
Resistance: 1.4238, 1.4248
What it said to watch
Hourly close above 1.4238 week high reopens the 1.4248 cycle high
Loss of 1.4150 week support breaks the ascending channel
Canada jobs (Fri Jul 10, 12:30 UTC) is the dominant catalyst and could reset this read
FOMC minutes (Wed 18:00 UTC) a USD-side risk into the next sessions
20:02 UTC
Uptrend, momentum easing · RSI 46 · price 1.4205
Higher lows in ascending channel, pulling back from week high.
USDCAD held its ascending channel this week, recovering from the 1.4150 area toward a 1.4238 week high before supply capped the NY push and dragged price back to 1.4205. The pair remains parked near 15-month highs on soft CAD and firm USD, but the pullback has slipped below the H1 EMA(20) near 1.4218 with RSI cooling to the mid-40s. Price is stalling around the 38.2% retrace of the week's impulse.
Support: 1.4185, 1.4150
Resistance: 1.4218, 1.4238, 1.4248
What it said to watch
H1 close below 1.4185 confirms a deeper pullback and lower-low
Break above 1.4238 opens the path to the 1.4248 15-month high
Canada jobs Jul 10 and FOMC minutes Wed could materially shift this read
19:02 UTC
Range within ascending channel, momentum fading · RSI 45 · price 1.4210
Recovery off week's spike low, capped near weekly high.
USDCAD recovered off the mid-week spike low near 1.4150 and pushed back to the weekly high at 1.4238, where two attempts stalled through today's NY hours. Price has since faded to 1.4210, slipping under EMA20 with RSI(14) easing back toward 45 as the intraday bounce loses steam. The pair holds inside its ascending channel above the 1.4177 swing low, with the CAD-soft, USD-firm backdrop keeping it parked near cycle highs.
Support: 1.4177, 1.4150
Resistance: 1.4238, 1.4248
What it said to watch
H1 close above 1.4238 opens the path to the 1.4248 cycle high
Failure to hold 1.4177 swing low confirms a break of channel support
FOMC Minutes Wed 18:00 UTC and Canada jobs Fri 12:30 UTC could reset this read
USDCAD reopened near 1.4186 after the long weekend gap and ground higher through the NY session to a week high at 1.4238, tracking the firm-USD/soft-CAD theme. Price has since faded back to 1.4210 and is consolidating between the session low and the 1.4238 top, holding above the EMA50 but slipping under the EMA20. The 1.4248 15-month high remains the key ceiling capping this week's advance.
Support: 1.4207, 1.4177, 1.4150
Resistance: 1.4238, 1.4248
What it said to watch
H1 close above 1.4248 opens the next leg higher toward 1.45
Failure to hold 1.4177 signals a deeper pullback within the channel
Canada jobs Fri 12:30 UTC and FOMC minutes Wed 18:00 UTC are the dominant catalysts
Consolidation under week high after recovery from Friday flush.
USDCAD recovered from Friday's flush to the 1.4150 week low and rebuilt bids above the 1.4200 pivot as broad USD firmness and safe-haven demand reasserted the trend. Buyers pushed to a fresh week high at 1.4238 before supply capped the move, and price is now consolidating around 1.4214 with RSI back near neutral. Holding above the EMA(50) but stalling into EMA(20) around 1.4217.
Support: 1.4200, 1.4177, 1.4150
Resistance: 1.4238, 1.4248
What it said to watch
H1 close above 1.4238 opens the path to the 1.4248 cycle high
Loss of 1.4200 pivot exposes the 1.4177 ema area and 1.4150 week low
FOMC Minutes Wed 18:00 UTC could materially shift this read
Canadian jobs Fri 12:30 UTC is the key CAD catalyst
USDCAD reclaimed the 1.4200 pivot and printed higher lows into the NY session, tagging 1.4238 before fading back to the EMA20. The bounce off last week's 1.4150 low held above the nine-day EMA support near 1.4177, keeping the broader up-leg intact even as RSI(14) cooled back to the midline. Broad USD firmness on Hormuz safe-haven flows underpinned the move against a soft-CAD backdrop.
Support: 1.4200, 1.4177, 1.4150
Resistance: 1.4238, 1.4248
What it said to watch
H1 close above 1.4248 cycle high extends the up-leg
Failure to hold the 1.4200 pivot exposes 1.4177 and 1.4150 week low
FOMC minutes Wed 18:00 UTC could materially shift this read
USDCAD opened this week near 1.4186 and pushed back above the 1.4200 pivot, tagging a week high of 1.42383 before easing into consolidation around EMA(20). The bid reflects broad USD firmness on Hormuz haven flows against a soft CAD near cycle lows; RSI(14) has cooled to the low-50s as the advance stalled below the highs.
Support: 1.42104, 1.4200, 1.41862
Resistance: 1.42383, 1.4248
What it said to watch
H1 close above 1.42383 week high opens the path to the 1.4248 cycle high
Loss of 1.4200 pivot would negate the this-week recovery structure
FOMC Minutes Wed 18:00 UTC could materially shift this read
USDCAD rebuilt above the 1.4200 pivot into this week's sessions after last week's spike-low to 1.4150, with the NY session pushing to a fresh week high at 1.42383 before fading. Price is now consolidating just below that high, tracking sideways around EMA(20) while holding above EMA(50). The broad bid reflects USD haven demand and a soft-CAD backdrop; RSI(14) has cooled back to mid-range as the advance stalls under 1.4248.
Support: 1.4200, 1.4177, 1.4150
Resistance: 1.42383, 1.4248
What it said to watch
H1 close above 1.42480 cycle high opens the path toward 1.45
Loss of the 1.4200 pivot exposes the ema near 1.4177
FOMC minutes Wed 18:00 UTC could materially shift this read
Higher lows since Thursday low, capped near week high.
USDCAD sold off sharply into Thursday's NY session, tagging the 1.4150 week low on the soft US payrolls print, then staged a steady recovery back above 1.4200 through Friday and into this session. The pair marked a week high at 1.4238 before easing to 1.4214, with RSI(14) rolling off from the recent push and price slipping back to the EMA20. Broad USD firmness and a dovish-BoC backdrop keep the recovery leg intact above the 1.4205 prior-low shelf.
Support: 1.4205, 1.4185, 1.4150
Resistance: 1.42383, 1.4248
What it said to watch
H1 close above 1.42383 opens the path toward the 1.4248 cycle high
Failure to hold the 1.4205 prior low exposes the 1.4150 week low
FOMC minutes Wed 18:00 UTC could materially shift this read
16:02 UTC
Uptrend, pullback in progress · RSI 53 · price 1.42139
Higher lows since Thursday's dip, back above 1.4200.
USDCAD recovered the 1.4200 pivot for a second session and pushed to a week high at 1.4238 into NY hours, with CAD soft near cycle lows as dovish-BoC and USMCA risk outweigh limited oil support. Price is now easing back toward EMA20 (~1.4217) after the rejection at 1.4238, RSI cycling around 53. Higher lows off Thursday's 1.4149 spike-low keep the this-week structure constructive above the 1.4200 handle.
Support: 1.4200, 1.41862, 1.41498
Resistance: 1.42383, 1.4248
What it said to watch
H1 close below 1.4200 pivot negates the recovery and re-exposes the weekly open at 1.4186
Break and hold above 1.4238 week high opens the path to the 1.4248 cycle high
Canadian labour data Fri 12:30 UTC is the week's key CAD catalyst
USD/CAD retook the 1.4200 pivot and has climbed a second day toward the 1.4238 session high on broad USD firmness, recovering the full midweek flush to 1.4150. Higher lows have held since that low with RSI(14) cycling in the 55-62 band on pullbacks. Oil's limited bid has been unable to cap the move as the pair presses back toward cycle highs.
Support: 1.4200, 1.4177, 1.4150
Resistance: 1.4238, 1.4248
What it said to watch
Close back below 1.4200 negates the recovery read and reopens 1.4177
Break above 1.4248 cycle high extends the trend
FOMC Minutes (Wed 18:00 UTC) is the week's key catalyst and could shift this read
Canadian jobs (Fri 12:30 UTC) the main CAD-side risk
15:02 UTC
Uptrend, grinding higher · RSI 61 · price 1.42232
Higher highs and higher lows since week open.
USDCAD reopened with a small weekend gap down to 1.41862 but recovered above the 1.4200 pivot through Monday's NY session, printing a fresh session high at 1.42383 on broad USD firmness. Price holds above EMA20 with RSI(14) cycling in the 55-65 band on each pullback, consistent with the CAD-soft, dovish-BoC backdrop. The 1.4200 handle has flipped to support and caps the recent higher-low sequence.
Support: 1.4200, 1.41862, 1.4175
Resistance: 1.42383, 1.4248
What it said to watch
Close above 1.42383 opens the path toward the 1.4248 cycle high
Failure to hold 1.4200 negates the higher-low sequence
FOMC Minutes Wed 18:00 UTC could materially shift this read
Canadian labour data Fri 12:30 UTC is the week's key CAD catalyst
14:02 UTC
Uptrend, pressing weekly high · RSI 61 · price 1.42256
Higher lows off week low, testing range top.
USDCAD has ground higher since Monday's gap open, printing higher lows and reclaiming 1.4200 as CAD-specific weakness reasserted over the soft US NFP read. The rally into today's NY session tagged 1.4238, just shy of the 1.4248 15-month high, with RSI(14) cycling in the low 60s on each pullback to EMA20. Price holds above both EMAs but is stalling as it approaches the week's ceiling.
Support: 1.4213, 1.4177, 1.4150
Resistance: 1.4238, 1.4248
What it said to watch
H1 close above 1.4248 opens the path toward the 15-month high extension
Failure to hold 1.4213 EMA20 would break the higher-low sequence
BoC Business Outlook Survey (14:30 UTC) and ISM Services (14:00 UTC) could materially shift this read
14:02 UTC
Uptrend, grinding higher · RSI 62 · price 1.42256
Higher highs and higher lows since Friday.
USDCAD has climbed steadily through the NY session, reclaiming 1.4200 and printing a fresh week high at 1.42383 as USD firmed and CAD-specific weakness reasserted after the earlier post-NFP dip to 1.41498. Price holds above EMA(20) and EMA(50) with RSI(14) cycling in the low 60s, and pullbacks have found support along a rising higher-low line. The 15-month high near 1.4248 is the next overhead area to monitor.
Support: 1.4215, 1.42123, 1.41935
Resistance: 1.42383, 1.4248
What it said to watch
BoC Business Outlook Survey at 14:30 UTC could shift the CAD read within the next bars
H1 close above 1.42383 opens the path toward the 1.4248 15-month high
Loss of 1.4215 EMA(20) breaks the higher-low sequence
USD/CAD has reclaimed 1.4200 for a second straight session and is grinding toward the 15-month high at 1.4248, with CAD soft on the dovish-BoC and weak-oil theme even as USD firms broadly. The mid-week spike into 1.41498 swept the week low before buyers rebuilt a rounded base and stacked higher lows into the NY session. RSI(14) sits mid-60s, elevated but not yet at prior exhaustion extremes.
Support: 1.4200, 1.4160, 1.4150
Resistance: 1.42383, 1.4248
What it said to watch
H1 close above 1.4248 15mo high opens path higher
BoC Business Outlook Survey 14:30 UTC and ISM Services 14:00 UTC could shift this read
Failure to hold 1.4200 psych re-exposes the 1.4160 swing low
USDCAD recovered from Thursday's NFP-driven dip to 1.41498 and has ground higher through the Monday session, printing higher lows and reclaiming 1.4200 on renewed USD firmness. Price now presses the week high at 1.42383 with the 15-month high at 1.4248 the next reference. RSI(14) sits mid-60s with price holding above both EMA(20) and EMA(50).
Support: 1.42123, 1.41862, 1.41498
Resistance: 1.42383, 1.4248
What it said to watch
A close above 1.42383 opens the path toward the 1.4248 15-month high
Failure to hold 1.42123 breaks the intraday higher-low sequence
BoC Business Outlook Survey (14:30 UTC) and ISM Services (14:00 UTC) could shift this read
USD/CAD has clawed back the NFP-driven flush to 1.41498 and pushed back toward the week high, trading 1.42182 above both EMA20 and EMA50. The recovery has been a grind of higher lows off the mid-1.4150s, with supply capping twice near 1.4232 — matching the earlier 1.42341 spike, a double-top look at the week ceiling. RSI(14) is cycling in the upper-50s to low-60s, room in both directions ahead of today's data.
Support: 1.41777, 1.41592, 1.41498
Resistance: 1.42318, 1.4248
What it said to watch
H1 close above 1.42318 opens the path toward the 1.4248 15-mo high
Failure to hold 1.41592 higher low reopens the 1.41498 week low
ISM Services 14:00 UTC and BoC Business Outlook 14:30 UTC could reshape this read
USDCAD retook the 1.4200 pivot through the NY session, building on last week's bounce from the mid-1.4100s as the USD firmed for a second session on the hawkish Warsh/carry story. Price is grinding higher lows off the 1.41592 swing low, but the push into 1.42318 stalled and pulled back to 1.4218, keeping the pair capped below the 1.4248/1.4250 15-month high. RSI(14) sits mid-range around 56, in line with the slower, corrective grind higher.
Support: 1.4200, 1.41592, 1.4150
Resistance: 1.42318, 1.4250
What it said to watch
H1 close above 1.42318 opens the path to the 1.4250 15-month high
Loss of 1.4200 pivot exposes the 1.41592 swing low
ISM Services 14:00 UTC and BoC Business Outlook 14:30 UTC could reshape this read
USDCAD has ground higher since Monday's open, printing higher lows along a rising trendline near 1.4205 with price holding above EMA20 and EMA50. The 1.42318 week high capped the last push and the closing bar rejected from 1.42299 back to 1.4218, keeping the pair pinned just under the 1.4248 15-month high. CAD weakness on the dovish-BoC story remains the driver even as soft US NFP caps the dollar.
Support: 1.4205, 1.41862, 1.41498
Resistance: 1.42318, 1.4248
What it said to watch
Close above 1.42480 opens the path toward the 1.45 area
Loss of 1.41862 weekly open would break the higher-low sequence
BoC Business Outlook Survey (14:30 UTC) and ISM Services (14:00 UTC) could shift this read
Higher lows since Friday's low, capped below range top.
USDCAD recovered off Friday's 1.4149 low — carved after the NFP-miss volatility — and has ground back through the NY session yesterday toward the weekly high. Price sits above both H1 EMAs with RSI(14) cycling near 58; the 1.4232 session high has capped the latest push, keeping the 15-month high at 1.4248 in view. Higher lows since Friday remain intact.
Support: 1.4177, 1.4150
Resistance: 1.4232, 1.4248
What it said to watch
H1 close above 1.4248 (15-mo high) opens the path higher
Loss of the 9d ema near 1.4177 breaks the higher-low structure
BoC Business Outlook 14:30 UTC and US ISM Services 14:00 UTC could reshape this read
10:02 UTC
Uptrend, grinding toward range top · RSI 66 · price 1.4228
Higher lows since weekend reopen.
USDCAD recovered from the sub-1.4150 spike low earlier in the week and has ground higher since the weekend reopen, printing a steady sequence of higher lows into 1.4228. Price sits above EMA20 near 1.4208 with RSI(14) around 66, leaving it just below the 15-month high at 1.4248; the prior high at 1.4234 caps the immediate approach. CAD stayed soft despite a modest oil bounce as the dovish-BoC theme kept the loonie near YTD lows.
Support: 1.4208, 1.4177, 1.4150
Resistance: 1.4248, 1.4234
What it said to watch
H1 close above 1.4248 opens the path toward 1.45
Loss of EMA20 near 1.4208 would break the rising higher-low sequence
BoC Business Outlook Survey 14:30 UTC could shift this read
10:02 UTC
Recovering, momentum building · RSI 64 · price 1.4228
Higher lows off 1.4150, pressing week highs.
USDCAD has ground higher since Monday's gap-up open, building a run of higher lows off the 1.4150 week low with RSI(14) firming through 60. The bid tracks renewed Fed-hike pricing after last week's soft NFP, and price is now pressing the 1.4232 session high with the 15-month high at 1.4248 the next overhead marker. Pullbacks have held above the H1 EMA(20) near 1.4210.
Support: 1.4210, 1.4186, 1.4150
Resistance: 1.4232, 1.4248
What it said to watch
H1 close above 1.4248 (15-mo high) opens the path toward 1.45
Loss of 1.4186 swing low breaks the higher-low sequence
BoC Business Outlook 14:30 UTC and ISM Services 14:00 UTC could shift this read
USD/CAD has ground steadily higher through Monday's session, recovering the entire midweek spike-low near 1.4150 and pressing back toward the top of the week's range around 1.4248. The soft US NFP print (57K) capped the Dollar broadly but persistent CAD weakness has kept the pair bid near 14-month highs. RSI(14) cycling in the upper-50s to low-60s as price holds above EMA20 and EMA50.
Support: 1.4205, 1.41862, 1.4150
Resistance: 1.42472, 1.4248
What it said to watch
Close above 1.4248 15-month high opens continuation of the weekly uptrend
Failure to hold 1.4205 breaks Monday's higher-low sequence
ISM Services (14:00 UTC) and Waller (15:00 UTC) could materially shift the USD read this session
09:03 UTC
Uptrend, grinding toward range top · RSI 65 · price 1.42283
Recovery from mid-week sweep, higher lows into resistance.
The week's defining move was Thursday's NFP-driven spike lower that swept 1.41498 before closing back above 1.4170, and price has ground higher since the Sunday reopen. USDCAD is now stacking higher lows above EMA20 and EMA50 and pressing back toward the 1.42472 week high and the 1.4250 15-month high. RSI(14) around 65 reflects the extended climb without yet flashing exhaustion at these highs.
Support: 1.4200, 1.41636, 1.41498
Resistance: 1.42472, 1.4250
What it said to watch
H1 close above 1.42500 opens the path toward the 1.45 area flagged on USMCA risk
ISM Services 14:00 UTC and Waller 15:00 UTC could materially shift this read
Failure to hold 1.42000 exposes the 1.41636 higher low
08:02 UTC
Recovery, higher lows · RSI 59 · price 1.42186
Rebound off week low, mid-range.
USDCAD has clawed back to 1.4218 after Friday's flush to the 1.4150 week low, printing higher lows through a thin post-holiday tape. The soft US NFP (57K vs 110K) kept USD capped, but oil weakness has underpinned the Loonie-negative recovery, with the 1.4225 area capping this week's rebound. RSI sits mid-range around 59 after retracing roughly 70% of the week's drop.
Support: 1.4185, 1.41498
Resistance: 1.4225, 1.42472
What it said to watch
H1 close above 1.4225 opens the path back toward the 1.4247 week high
Loss of the rising higher-low line below 1.4185 negates the recovery read
ISM Services (14:00 UTC) and BoC Business Outlook (14:30 UTC) could shift this read
08:02 UTC
Recovery off week low, grinding up · RSI 62 · price 1.42186
Higher lows into range top.
USDCAD has climbed steadily off Thursday's flush to 1.4150 that followed the soft US NFP miss, printing a sequence of higher lows through the thin post-holiday tape and reclaiming EMA20. Price now sits back near the 1.4225 week-high zone with RSI in the low-60s. The weekend gap-down has been fully filled, keeping the recovery structure intact.
Support: 1.4202, 1.4175, 1.41498
Resistance: 1.42245, 1.42472
What it said to watch
H1 close above 1.4225 opens the path toward the 1.4248 15-month high
Failure to hold 1.4202/EMA20 puts the higher-low sequence at risk back into the range
ISM Services (14:00 UTC) + Waller and BoC Business Outlook (14:30 UTC) could materially shift this read
USDCAD has clawed back from Friday's 1.4150 flush, printing higher lows on a slow grind into this week's open with price holding above EMA(20) and RSI(14) cycling in the upper-50s/low-60s. The tug-of-war is visible on the chart: a softer USD after the NFP miss (57K vs 110K) keeps rallies capped, while weak crude limits the CAD recovery. Price now sits back at the 1.4225 week range top that capped attempts earlier in the week.
Support: 1.4177, 1.41592, 1.41498
Resistance: 1.4225, 1.42472
What it said to watch
H1 close above 1.4225 opens the path back toward the 1.4248 week high
Loss of 1.4177 recovery base reopens the 1.4150 week low
Canadian jobs Fri 12:30 UTC could materially shift this read
07:02 UTC
Recovery within broader range · RSI 61 · price 1.42189
Higher lows off 1.4150, capped below 1.4248.
USD/CAD recovered off the 1.4150 week low and has ground back above EMA(20) through the holiday-thinned sessions. Softer US NFP capped the topside earlier in the week while sliding crude limits CAD gains, leaving price coiling below the 1.4248 15-month high. RSI(14) sits mid-range near 60 as the recovery leans on a chain of higher lows.
Support: 1.4200, 1.41636, 1.41498
Resistance: 1.42245, 1.42472
What it said to watch
H1 close above 1.4248 opens continuation toward the 1.45 area
Failure to hold 1.4200 reopens the 1.4150 week low
ISM Services today and Friday's Canadian jobs could shift this read
USDCAD ground higher back toward this-week highs through the thin holiday sessions, having spiked to 1.4150 on Thursday's soft US NFP before recovering. Price holds above EMA(20) with RSI(14) mid-range near 58, but the 1.4213 range top has capped the rebound so far. Sunday's 1.4186 session low marks first support beneath.
Support: 1.4186, 1.4159, 1.4150
Resistance: 1.4213, 1.4248
What it said to watch
US ISM Services 14:00 UTC and BoC Business Outlook Survey 14:30 UTC could materially shift this read
H1 close above 1.4213 range top opens the path toward the 1.4248 15-mo high
Failure to hold 1.4186 session low exposes the 1.4159 swing low
Thursday's soft 57K NFP drove the sharp spike to 1.41498 before buyers absorbed it; price has since retraced roughly 70% of that leg. Monday's thin, US-holiday-hangover session has put in a run of higher-lows, grinding back toward the 1.4213 day high with RSI cycling mid-range. Range top at 1.4213/1.4225 has capped the recovery so far.
Support: 1.41935, 1.41708, 1.41498
Resistance: 1.42131, 1.4225, 1.4248
What it said to watch
H1 close above 1.42131 opens the path back toward the 1.4248 15-month high
Loss of 1.41935 breaks the Monday higher-low sequence
BoC Business Outlook Survey (14:30 UTC) and US ISM Services (14:00 UTC) could reset this read
USDCAD has clawed back the Friday NFP-driven flush to 1.415, grinding out higher lows through the Asia session and holding above EMA20. RSI(14) is cycling in the high-50s to low-60s as price consolidates just under the 1.42119 range top, with weak crude keeping the pair sticky above 1.42 despite the soft-USD backdrop. The 15-month high near 1.4247 remains the upside marker.
Support: 1.4200, 1.41862, 1.41498
Resistance: 1.42119, 1.42472
What it said to watch
H1 close above 1.42119 opens the path back toward 1.4247 week high
Failure to hold 1.41862 breaks the higher-low sequence off Friday's low
ISM Services 14:00 UTC and BoC Business Outlook Survey 14:30 UTC could shift this read
USDCAD sold off sharply into Thursday's NFP miss (57K vs 110K), spiking to the 1.41498 week low before buyers rebuilt through Friday. Price has since carved higher lows back above EMA20 and now sits near 1.4208, with the 1.42130 session high capping the latest push. The recovery stalls well below the 1.42472 week high as weak oil and a softer USD offset each other.
Support: 1.4198, 1.41592, 1.41498
Resistance: 1.4213, 1.4225, 1.42472
What it said to watch
H1 close above 1.42250 reopens the path toward the 1.42472 week high
Loss of EMA20 near 1.41980 puts the 1.41592 swing low back in focus
ISM Services at 14:00 UTC and Waller at 15:00 UTC could shift the USD read this session
Range-bound below YTD high, higher lows since low.
USDCAD sold off sharply to 1.41498 midweek on the soft US NFP miss, then based and ground back to 1.4210, holding above EMA(20) into the fresh session after the weekend gap. Price is now consolidating below the 1.4213 range top and the 1.4248 YTD high, with cheap oil and a dovish BoC lean offsetting the softer dollar. Higher lows have built since the 1.41498 base.
Support: 1.4198, 1.4186, 1.4150
Resistance: 1.4213, 1.4248
What it said to watch
H1 close above 1.4213 range top opens the path back to the 1.4248 YTD high
Failure to hold EMA(20)/1.4186 session low reopens the 1.4150 week low
ISM Services 14:00 UTC and BoC Business Outlook Survey 14:30 UTC could shift this read
USDCAD is consolidating just below the 1.4248 YTD high after Thursday's NFP shock (57K vs 110K) flushed the pair to 1.41498, with buyers rebuilding into the higher-lows structure since. Price sits back above both H1 EMAs and the recovery has traced a rounded bottom off 1.4150, though the climb into the thin Asian session is losing pace at 1.4213. Soft oil and a dovish BoC lean keep the loonie heavy, offsetting the softer USD backdrop.
Support: 1.4177, 1.4159, 1.4150
Resistance: 1.4213, 1.4225, 1.4248
What it said to watch
H1 close above 1.4213 opens the path back to the 1.4248 YTD high
Failure to hold 1.4177 puts the 1.4150 flush low back in play
BoC Business Outlook Survey (14:30 UTC) and ISM Services (14:00 UTC) could reset this read
Consolidation below YTD high after spike-low recovery.
USDCAD is grinding sideways just above EMA20, coiling between 1.4175 and the 1.4212 day high after mid-week's spike to 1.41498 was quickly recovered — a false break that failed to extend the downside. Thursday's soft US NFP (57K vs 110K) capped the USD, keeping the pair off the 1.4248 YTD high while cheap crude and a dovish BoC lean stopped CAD extending. RSI(14) sits mid-range around 56 with pullbacks finding the EMA20.
Support: 1.4175, 1.41498
Resistance: 1.4212, 1.4248
What it said to watch
H1 close above 1.4212 opens the path toward the 1.4248 ytd high
Failure to hold 1.4175 reopens the 1.41498 week low
BoC Business Outlook Survey 14:30 UTC and ISM Services 14:00 UTC could shift this read
03:02 UTC
Range, recovering off lows · RSI 56 · price 1.42072
USDCAD spent the week pinned below the 1.4247/1.4248 YTD high, with the sharp drop into 1.41498 mid-week — as soft US NFP capped the dollar — marking the range floor. The weekend reopen gapped down to 1.41860 but buyers reclaimed it, pushing back above EMA20 into the 1.4207 area with RSI cycling near 56. Price sits mid-range, holding a series of higher lows off the 1.41498 base.
Support: 1.4186, 1.41498, 1.41636
Resistance: 1.42119, 1.42472, 1.4248
What it said to watch
H1 close above 1.42119 day high opens path back toward the 1.42472 week high
Failure to hold 1.41860 gap open reopens the 1.41498 swing low
BoC Business Outlook Survey and US ISM Services today could shift this range read
USDCAD sold off sharply into 1.41498 on Thursday's 57K NFP miss, then carved a rounded base and consolidated 1.4166–1.4210 through the holiday-thinned sessions. Monday opened near 1.4186 and has ground back to the range top at 1.4211, with price holding above EMA20/EMA50 and RSI cycling in the mid-50s. The recovery has retraced roughly 62% of the week's drop, where 1.4210 has capped for now.
Support: 1.4177, 1.4166, 1.41498
Resistance: 1.4211, 1.4247
What it said to watch
H1 close above 1.4211 range top opens the path back toward the 1.4247 14-mo high
Failure to hold 1.4177 reopens the 1.4150/1.41498 week low
ISM Services (f/c 54.2) and BoC Business Outlook could shift the USD leg of this read
USDCAD reversed off the 1.4248 14-month high mid-week and dropped hard into 1.4150 when the 57K US NFP miss knocked the USD. Thin, holiday-affected trade since has produced a grind back above EMA(20), with price now consolidating around 1.4210 after retesting the weekend open near 1.4186. RSI(14) has cycled back to the mid-50s, tracking the recovery without stretching.
Support: 1.41862, 1.41592, 1.4150
Resistance: 1.4212, 1.4224, 1.4248
What it said to watch
H1 close above 1.4212 opens the path back toward the 1.4224 prior high
Failure to hold 1.41862 re-exposes the 1.41592 swing low and the 1.4150 weekly low
Canada jobs Fri 12:30 UTC and ISM Services today could materially shift this read
01:03 UTC
Pulled back from highs, consolidating · RSI 54 · price 1.42059
Reversal off 14-mo high, recovering into range.
USDCAD rejected the 1.4248 14-month high mid-week and sold off sharply into Thursday's soft US NFP shock (57K vs 110K), sliding to a 1.4150 week low. Price has since clawed back to the 1.42 pivot, with the recovery finding higher lows and RSI(14) back near 54. The 1.4210 session cap has contained the bounce so far.
Support: 1.4186, 1.4177, 1.4150
Resistance: 1.4210, 1.4248
What it said to watch
H1 close above 1.4210 opens a retest of the 1.4248 high
Failure to hold 1.4186 re-exposes the 1.4150 week low
ISM Services (14:00 UTC) and Waller could shift the USD leg of this read
01:03 UTC
Recovery off week's low, still below highs · RSI 57 · price 1.42059
Reversal from 14-mo high, basing above 1.4150.
USD/CAD stalled at the 14-month high near 1.4247 mid-week then reversed after Thursday's soft US NFP (57K vs 110K), sliding to the 1.4150 low before grinding back to 1.4206 through thin, holiday-shortened trade. Price now sits back above EMA20 and EMA50 with RSI recovering to the mid-50s, and a weekend gap higher opened the current session. The 1.4177 EMA pivot has flipped to support on this bounce, while 1.4211 caps the immediate range.
Support: 1.4177, 1.4150, 1.4198
Resistance: 1.4211, 1.4247
What it said to watch
ISM Services PMI today 14:00 UTC could reprice the USD leg and shift this read
H1 close above 1.4211 reopens the path toward the 1.4247 ytd high
Failure to hold 1.4177 exposes the 1.4150 week low again
USDCAD sold off Thursday into 1.4150 after the June NFP miss (57K vs 110K) undercut the dollar, then clawed back and has been grinding higher-lows since. Price is now pressing the 1.4200 psych level, holding above EMA20 with RSI cycling in the mid-50s. The 1.4150-1.4200 pin flagged in the CAD digest still frames the range.
Support: 1.4165, 1.4150
Resistance: 1.4200, 1.4247
What it said to watch
Sustained H1 close above 1.4200 opens the path toward the 1.4247 week high
Failure to hold 1.4165 reopens the 1.4150 swing low
BoC Business Outlook Survey (Mon 14:30 UTC) and ISM Services could shift this read
Consolidation above week low after mid-week selloff.
USDCAD tagged a 15-month high near 1.4248 early in the week before the soft US NFP miss dragged it into a sweep of 1.4150 mid-week, then buyers rebuilt through the weekend gap toward 1.4207. Price is grinding higher-lows off that base with RSI(14) cycling back above 55, but the 1.4225 range top has capped attempts this week. Weak oil and USMCA review risk still cap the Loonie's recovery.
Support: 1.4186, 1.4150
Resistance: 1.4225, 1.4248
What it said to watch
H1 close above 1.4225 range top opens the path back to the 1.4248 week high
Failure to hold 1.4186 sun open puts the 1.4150 week low back in play
BoC Business Outlook Survey (14:30 UTC) and US ISM Services could shift this read