Range-bound after lower low, consolidating near weekly open.
USDCAD rolled over from the weekly high near 1.4080 through the NY session Thursday, printing a lower low at 1.3992 before buyers stepped in toward the 1.4000 psych mark. The bounce stalled around the 1.4037 area — roughly a 50% retrace of the down-move — and price has since coiled flat near the weekly open just above EMA(20), below EMA(50). Both Canada jobs and US NFP land Friday 12:30 UTC and are the pivot for this range.
Support: 1.4000, 1.3992, 1.3930
Resistance: 1.4037, 1.4055, 1.4080
What it said to watch
H1 close below 1.4000 confirms the lower-low and exposes 1.3930 fair value
Reclaim of 1.4055 EMA(50) needed to re-challenge the 1.4080 triangle top
NFP + Canada jobs Fri 12:30 UTC could break this 1.4000-1.4080 range
USDCAD peaked near the 1.4079 triangle top midweek, then sold a second day through the NY session into 1.3990 as crude firmed and the soft US ADP kept the dollar defensive. Price bounced to 1.4037 but has since drifted back to consolidate around EMA20 near 1.4013, keeping the 1.4000 psych and weekly low at 1.3990 in focus. EMA50 near 1.4030 has capped the recovery.
Support: 1.4000, 1.3990
Resistance: 1.4030, 1.4079
What it said to watch
US NFP and Canada jobs at 12:30 UTC Fri could materially shift this read
Clean H1 close below 1.4000 psych exposes the 1.3990 weekly low
Reclaim of EMA50 near 1.4030 would ease the downside pressure
22:02 UTC
Down from midweek high, now consolidating · RSI 48 · price 1.40156
Range near lows after lower high.
USDCAD pushed to the 1.4080 triangle top midweek before selling off through 1.4000 to a low at 1.3990 into the NY session, then bouncing to 1.4037. Rebounding oil and a soft US ADP kept the dollar defensive, and price is now consolidating just above the 1.4000 psychological mark, pinned below EMA50. RSI sits mid-range near 48 after cooling from the decline.
Support: 1.4000, 1.3990
Resistance: 1.40374, 1.4080
What it said to watch
H1 close below 1.4000 exposes the 1.3990 week low and fair value near 1.3930
Reclaim of 1.4037 needed to re-target the 1.4080 triangle top
US NFP and Canada jobs Fri 12:30 UTC could materially shift this read
USDCAD has ground lower off the 1.4080 triangle top since mid-week, printing a fresh low at 1.3990 before basing just above the 1.4000 psych mark as crude firmed and a soft US ADP kept the dollar defensive. Price is coiling around EMA(20) with RSI(14) back near 50, well below the EMA(50) that has capped the last two bounces near 1.4037. Range structure between 1.4000 and 1.4037 is intact heading into the Friday jobs slot.
Support: 1.4000, 1.39902, 1.3930
Resistance: 1.40374, 1.4080
What it said to watch
US NFP and Canada jobs Fri 12:30 UTC are the decisive catalyst for this range
H1 close below 1.4000 exposes the 1.3990 swing low and 1.3930 fair value
Reclaim of 1.4037 puts the 1.4080 triangle top back in play
USDCAD chopped inside the 1.4000–1.4090 range all week, with the dominant leg a fade from the 1.4080 week high into a 1.3990 low during the NY session as crude firmed and soft US ADP kept the dollar defensive. A bounce into early NY today stalled at 1.4037 and faded back to 1.4012, leaving price under EMA20 and EMA50 with RSI holding mid-40s. The 1.4000 psychological floor remains the pivot the range hangs on.
Support: 1.4000, 1.39902
Resistance: 1.40307, 1.40798
What it said to watch
Dual US NFP and Canada jobs Fri 12:30 UTC are the pivot for this range
Clean H1 close below 1.4000 exposes the 1.3990 swing low
Reclaim of 1.40307 day high needed to re-engage the range top
21:03 UTC
Range-bound, rolled off week high · RSI 49 · price 1.40125
1.4000-1.4080 weekly range, mid-low.
USDCAD topped near 1.4080 in Monday-to-midweek trade before rolling over into a decline that swept 1.3991 on Thursday, then chopped back to hold the 1.4000-1.4015 zone. Price is pinned to EMA20 and sits below EMA50, with RSI(14) cycling mid-range as the pair grinds toward the 1.4000 psych mark. The soft US ADP and firmer crude kept the dollar defensive this week, but dual US NFP and Canada jobs prints Friday 12:30 UTC are the pivot.
Reclaim of 1.40307 day high would put the 1.40798 week high back in play
US NFP + Canada jobs Fri 12:30 UTC could materially shift this read
20:02 UTC
Range, drifting off week high · RSI 50 · price 1.40145
1.4000–1.4076 range, mid-lower.
USDCAD chopped in a 1.4000–1.4076 band this week, peaking near 1.4076 in mid-week NY hours before sellers dragged it to the 1.3990 week low. Price has since recovered to sit right on EMA(20) around 1.4014 with RSI hovering near 50, keeping the pair below EMA(50) and mid-range. Oil strength and a softer USD have capped upside, but consolidation is holding above the 1.4000 psychological mark.
Support: 1.4000, 1.3990
Resistance: 1.4037, 1.4076
What it said to watch
H1 close below 1.4000 exposes the 1.3990 week low and 1.3930
Close back above 1.4037 reopens the 1.4076 range top
Canada jobs + US NFP Fri 12:30 GMT are the decisive catalyst for this range
20:02 UTC
Downtrend from week highs, now consolidating · RSI 47 · price 1.40145
Range-bound near lows, 1.4000-1.4080.
USDCAD rolled over from the week's 1.4080 highs and pressed the 1.4000 psychological area, tagging 1.39916 before basing back near 1.4014 as rebounding crude and a soft US ADP kept the dollar defensive. Price sits below both the H1 EMA(20) and EMA(50), with RSI(14) mid-range after the pullback; the 1.4000-1.4080 range that has framed the whole week still holds. The 1.40374 bounce high capped the last NY-session recovery attempt.
Support: 1.4000, 1.39916
Resistance: 1.40374, 1.4076
What it said to watch
US NFP and Canada jobs both Fri 12:30 UTC — the week's decisive catalyst for this pair
A clean H1 close below 1.4000 exposes the 1.3930 area
Close back above 1.40374 puts the 1.4080 range top back in play
USD/CAD rolled over from the 1.4080 weekly high midweek and probed sub-1.4000, tagging 1.3990 as rebounding crude and a soft USD pressured the pair, before recovering. Price is now hovering around 1.4010-1.4013 right on EMA(20) with RSI(14) mid-range near 46, and EMA(50) capping overhead near 1.4035. The 1.4000 psychological area has been defended into the NY session.
Support: 1.4000, 1.3990
Resistance: 1.4037, 1.4080
What it said to watch
Sustained H1 close below 1.4000 opens the 1.3990 week low
Reclaim of 1.4037 puts the 1.4080 weekly high back in play
Canada jobs and US NFP Fri 12:30 UTC — both-sided risk that can break the range
19:02 UTC
Pullback from weekly high, ranging near 1.4000 · RSI 49 · price 1.4013
Lower highs off 1.4080, consolidating above 1.3990.
USDCAD reversed off the weekly high at 1.4080 midweek and slid through the 1.4000 psychological pivot, printing a low at 1.3990 before CAD firmed on rebounding crude. Price is now consolidating in the 1.4000-1.4015 zone, tracking EMA20 with RSI(14) back near neutral. The 1.4037 bounce high has so far capped the recovery, keeping the sequence of lower highs intact.
Support: 1.4000, 1.3990
Resistance: 1.4037, 1.4080
What it said to watch
Sustained H1 close below 1.4000 opens the 1.3930 fair-value area
Reclaim above 1.4037 would negate the lower-high sequence
Canada jobs and US NFP Friday 12:30 GMT could reset this read
USDCAD has bled lower from the week high at 1.4076 toward the 1.4000 psych pivot, with rebounding crude and a soft USD weighing since midweek. Price bounced off the 1.3990 swing low and capped near the 1.4037 bounce high, now trading below EMA20 and EMA50 with RSI cycling in the mid-40s. The 1.4000 handle remains the pivot into Friday's jobs data.
Support: 1.4000, 1.3990, 1.3930
Resistance: 1.4037, 1.4076
What it said to watch
Sustained H1 close below 1.4000 opens the 1.3930 fair value zone
Reclaim of 1.4037 bounce high would ease the lower-high sequence, 1.4076 week high next
Simultaneous US NFP and Canada jobs Fri 12:30 UTC is the decisive catalyst for this read
USD/CAD rolled over from the mid-week high at 1.40798 into a sequence of lower highs, sliding to 1.39902 before a NY-session bounce stalled at 1.40374. Price now hovers on EMA(20) near 1.4014 with the 1.4000 psych level absorbing sellers; softer US data this week (weak ADP, cooling ISM Services) has dulled the dollar bid. Both Canadian and US jobs Friday are the decisive catalyst into this level.
Support: 1.4000, 1.39902
Resistance: 1.40374, 1.40798
What it said to watch
H1 close below 1.4000 opens the week low at 1.39902
Reclaim of 1.40374 needed to re-challenge the 1.40798 week top
US NFP + Canada jobs Fri 12:30 UTC could materially shift this read
17:02 UTC
Range-bound, recovering off lows · RSI 55 · price 1.40226
Week-long range, 1.3990–1.4080.
USDCAD has spent the week boxed between 1.3990 and the 1.4080 weekly high, with the midweek push to 1.4080 fading back as rebounding crude supported CAD. Demand stepped in twice around the 1.4000 psych level and the 1.3990 low, and the NY session has lifted price back above EMA(20). Price sits mid-range and below EMA(50), still capped by the descending lower highs off 1.4080.
Support: 1.4000, 1.39916
Resistance: 1.40374, 1.40798
What it said to watch
Sustained close below 1.4000 opens the path toward 1.3930
H1 close above 1.4080 breaks the week's range top
Simultaneous Canada jobs and US NFP Fri 12:30 UTC could materially shift this read
USDCAD topped near 1.4079 mid-week and has ground lower into the 1.4000 psychological pivot, with demand stepping in around 1.3990 late in yesterday's NY session as rebounding crude supported CAD. The bounce to 1.4037 stalled and price now hovers just above EMA20 while sitting below EMA50, keeping the week's lower-high sequence intact. Friday's dual US NFP and Canadian jobs prints are the decisive catalyst for the next leg.
Support: 1.4000, 1.39902
Resistance: 1.40374, 1.40798
What it said to watch
Sustained close below 1.4000 opens the path toward 1.3930
Reclaim above 1.40374 then 1.40798 needed to break the lower-high sequence
US NFP + Canada jobs Fri 12:30 UTC could materially shift this read
USDCAD rejected the 1.4080 week high midweek and slid to a 1.3990 low as rebounding crude supported CAD, before a false break of the 1.4000 psych level saw price snap back to 1.4031 into the NY session. RSI(14) has lifted off oversold to mid-range and price reclaimed EMA20, though it remains capped just under EMA50. The week is a round trip: no clean lower low held below 1.4000.
Support: 1.4000, 1.3990
Resistance: 1.4037, 1.4080
What it said to watch
Sustained H1 close below 1.4000 reopens the 1.3990 week low
Close above 1.4037 day high exposes the 1.4080 week-high cap
US NFP and Canada employment Fri 12:30 UTC are the decisive catalysts for this range
16:01 UTC
Recovery off lows within broader range · RSI 56 · price 1.40315
Double bottom at 1.3990, reclaimed 1.4000 pivot.
USDCAD carved a double bottom near 1.3990 late in the NY session before recovering to reclaim the 1.4000 psychological pivot, with RSI(14) lifting back through the mid-line. Price sits above EMA(20) but is still working under EMA(50), leaving the recovery capped by the 1.4050 prior high. The soft-USD tone this week and firmer crude have kept the pair pinned around 1.4000 ahead of a double-barrelled jobs day.
Support: 1.4000, 1.3990, 1.4015
Resistance: 1.4050, 1.4076
What it said to watch
Sustained hold below 1.4000 reopens the 1.3930 area to the downside
H1 close above 1.4050 exposes the 1.4076 weekly high
Simultaneous US NFP and Canada jobs Fri 12:30 UTC is the decisive catalyst and could reset this read
15:02 UTC
Downtrend, bounce off lows · RSI 49 · price 1.40218
Lower highs into 1.4000 pivot, recovery underway.
Since the midweek high at 1.4080, USDCAD has ground lower toward the 1.4000 pivot, drilling to 1.3990 before recovering back above the figure — the soft-USD, firmer-CAD tone on cooling US labor data drove the leg down. Sub-1.4000 probes were rejected, and price now sits back above EMA20 with RSI(14) recovering to mid-range near 50. EMA50 near 1.4040 remains overhead, capping the bounce.
Support: 1.4000, 1.3990
Resistance: 1.4040, 1.4080
What it said to watch
Canada jobs and US NFP Fri 12:30 UTC could materially shift this read
Sustained H1 close below 1.4000 opens the 1.3930 area
Lower highs off double top, false break of 1.4000.
USDCAD rolled over from the 1.40798 double top set midweek and ground lower into a sub-1.4000 probe overnight, printing 1.39916 before buyers recovered the figure — a false break of the 1.4000 psych level as USD found safe-haven support. Price now sits back at 1.40218, retracing into the 38-50% fib of the week's decline with RSI back near 52. The 1.4000 handle held on close, keeping the bounce intact for now.
Support: 1.4000, 1.39916
Resistance: 1.4046, 1.4065, 1.40798
What it said to watch
H1 close below 1.39916 reopens the downside and confirms a lower low
Sustained move above 1.40460 fib 61.8 negates the down-leg's retrace character
Canada jobs + US NFP Fri 12:30 UTC could materially reset this read around the 1.4000 break
USDCAD has bled lower since the midweek push to the 1.4080 weekly high, dragged back toward the 1.4000 pivot as firmer crude and a soft USD supported CAD. The pair probed the week low at 1.3992 before a bounce back to 1.4020, and now hovers the 1.4000 psychological level with RSI sub-50 and price pinned to EMA20 below EMA50. Lower highs remain intact across the last two sessions.
Support: 1.4000, 1.3992
Resistance: 1.4050, 1.4080
What it said to watch
Sustained close below 1.4000 opens the path toward the 1.3930 fair-value area
Reclaim of 1.4050 would break the lower-high sequence
US NFP and Canada jobs Fri 12:30 UTC could materially shift this read
USDCAD has rolled over from Wednesday's 1.4080 week high, printing lower highs into the NY session with price trading below both EMA20 and EMA50. The dip through the 1.4000 psych mark to 1.3990 was quickly reclaimed, leaving a false break, as firmer crude and a soft-USD tone kept the pair heavy. RSI is holding the low-40s without confirming a fresh leg lower.
Support: 1.4000, 1.3990
Resistance: 1.4045
What it said to watch
Sustained H1 close below 1.4000 opens the 1.3930 area
Reclaim of 1.4045 EMA50 would negate the lower-high sequence
US NFP and Canada jobs Fri 12:30 UTC could materially shift this read
USDCAD has ground lower off the 1.4080 weekly high, printing lower highs and slipping under EMA20 and EMA50 as rebounding crude supported the CAD. The dip to 1.3990 undercut the 1.4000 psych level before price recovered back above it — a false break that leaves the close pinned to the round number. RSI(14) sits mid-40s with the pair coiled just under EMA20 into Friday's double jobs risk.
Support: 1.4000, 1.3990
Resistance: 1.4013, 1.4045, 1.4080
What it said to watch
Sustained H1 close below 1.4000 confirms the sweep failed and opens 1.3990 week low
Reclaim of EMA20 near 1.4013 would neutralise the lower-high sequence
Canada jobs and US NFP Fri 12:30 UTC could materially reset this read
USDCAD has ground lower off the 1.4080 week high through the NY session, sliding into the 1.4000 psych level where a dip to 1.3990 was quickly recovered — a false break so far. Price trades below both EMA20 and EMA50 with RSI(14) subdued near 41, and demand stepping in at the round number for now. The CAD firming on rebounding crude aligns with the drift toward 1.4000.
Support: 1.4000, 1.3990, 1.3930
Resistance: 1.4020, 1.4045, 1.4076
What it said to watch
Sustained H1 close below 1.4000 opens 1.3930 fair value
Reclaim of the 1.4020 ema20 would neutralise the down leg
Canada jobs + US NFP Fri 12:30 UTC could materially shift this read
USDCAD rolled over from the mid-week double top near 1.4080 and has ground lower since, breaking the 1.4000 psychological mark into the NY session and printing a fresh week low at 1.3991. Price sits below both EMA20 and EMA50 with RSI depressed near 33, as rebounding oil and a soft USD after the weak ADP print underpin the Loonie. Scotia-flagged fair value at 1.3930 sits below as the next reference.
Support: 1.3990, 1.3930
Resistance: 1.4000, 1.4080
What it said to watch
An H1 close back above 1.4000 would invalidate the breakdown read
US NFP and Canada jobs Fri 12:30 UTC could materially reset this move
USDCAD rolled over from the 1.4080 weekly high into a clean sequence of lower highs and broke the 1.4000 psychological mark during NY hours, printing 1.3991. The slide tracks a rebounding crude oil bid on the Loonie and a soft USD ahead of Friday's dual jobs prints. RSI(14) sits near oversold at the lows with price pinned below both EMAs.
Support: 1.3990, 1.3950
Resistance: 1.4000, 1.4051, 1.4080
What it said to watch
H1 close back above 1.4000 would neutralise the break and reopen 1.4051
Failure to hold 1.3990 confirms continuation toward the 1.3950 round number
US NFP and Canada jobs Fri 12:30 UTC land together and could reset this read
11:02 UTC
Four-day uptrend rolling over · RSI 36 · price 1.39957
Double top capped, lower highs building.
The four-session grind toward the 1.4080 weekly high stalled at a double top near 1.4080 as oil recovered and the USD stayed defensive, and price has since sliced below the 1.4000 psych level to print 1.3996. Momentum has flipped lower with successive lower highs and RSI(14) rolling to the mid-30s, price now under both EMA(20) and EMA(50). Scotiabank's 1.3930 fair-value reference is the next reference below.
Support: 1.3930
Resistance: 1.4000, 1.4050, 1.4080
What it said to watch
H1 close back above 1.4000 psych negates the breakdown
Reclaim of 1.4050 prior high would re-open the wk high at 1.4080
Canada jobs and US NFP both Fri 12:30 UTC could materially shift this read
The four-day grind toward 1.4090 stalled at a double top near 1.4080 and has since rolled over, with price slipping through the 1.4000 psychological level into the latest close at 1.39957. RSI(14) has cycled down into the mid-30s as the pair traded below EMA20 and EMA50 through the NY session, and 1.4000 now caps the recovery attempts. Below sits Scotiabank's ~1.3930 fair-value reference.
Support: 1.3956, 1.3930
Resistance: 1.4000, 1.40354, 1.4080
What it said to watch
H1 close back above 1.4000 would neutralise the breakdown
Canada July jobs and US NFP Fri 12:30 GMT can materially shift this read
Sustained trade below 1.3930 fair value confirms further downside extension
Rolled off weekly high, consolidating above 1.4000.
USDCAD ground higher for four sessions toward the 1.4080 triangle top but stalled there, printing a double top near 1.4079 before rolling over into the latest NY session as oil firmed and the dollar stayed soft on weak US labour data. Price now trades below both EMA20 (~1.4030) and EMA50, consolidating just above the 1.4000 psych level with RSI(14) sitting in the low 40s. The weekly high at 1.4079 capped two attempts and remains the key ceiling.
Support: 1.4000, 1.40021
Resistance: 1.4030, 1.4079
What it said to watch
H1 close below 1.4000 confirms a lower low and breaks the psych support
Reclaim of EMA20 near 1.4030 would neutralise the pullback
US NFP and Canada jobs both Fri 12:30 GMT could materially shift this read
10:02 UTC
Pullback after four-day advance, flat near lows · RSI 44 · price 1.40104
Rejection at weekly high, consolidating above 1.4000.
USDCAD ground higher for four sessions toward the 1.4080 triangle top before rejecting and sliding back to the 1.4000 handle, with the loonie caught between soft USD and firm oil. Price has since flattened just below EMA20 with RSI mid-range as the pair coils into Friday's twin jobs risk. The weekly low near 1.4002 is holding for now.
Support: 1.4000, 1.3993
Resistance: 1.4045, 1.4080
What it said to watch
H1 close below 1.4000 confirms a break of the weekly low
Reclaim of 1.4045 pivot would ease the pullback pressure
Canada jobs and US NFP Fri 12:30 GMT could materially shift this read
USDCAD rolled over from Tuesday's 1.40798 high and has ground lower through the NY session, with USD softness after the ADP miss and a steadier CAD on firmer oil doing the work. Price now sits pinned just above the 1.4000 psychological handle, trading below both EMA20 and EMA50 with RSI(14) parked in the low-40s. The 1.4000/1.40021 zone has absorbed the decline into the Asian range.
Support: 1.4000, 1.40021
Resistance: 1.4025, 1.40798, 1.4045
What it said to watch
Hourly close below 1.4000 confirms continuation of the lower-low sequence
Reclaim of 1.4025 EMA20 would neutralise the downtrend read
Dual US NFP and Canada jobs Fri 12:30 GMT are the decisive catalyst for this range
USDCAD faded from the 1.4080 triangle top through the NY session as the USD softened on the weak ADP print and rebounding crude weighed on the pair. Price has since flatlined just above the 1.4000 handle, holding below EMA20 with RSI(14) hugging the mid-40s. The week's dominant move is the rejection off 1.4080 and the drift back to the range floor.
Support: 1.4000, 1.40021
Resistance: 1.4015, 1.4076, 1.40798
What it said to watch
H1 close below 1.4000 confirms a lower-low and reopens the pullback
Reclaim of 1.40150 ema20 would ease the downside pressure
Simultaneous US NFP and Canada jobs Fri 12:30 GMT is the decisive catalyst for this range
08:02 UTC
Rangebound, pulled back to floor · RSI 41 · price 1.40122
Week range 1.4000-1.4080, rejected at top.
USDCAD faded from the week high at 1.4080 through the NY session, unwinding the Wed-Thu oil-driven climb and dropping back toward the 1.4000 range floor where price is now consolidating in a tight band. Price sits below both EMA20 and EMA50 with RSI(14) softening near 40; the loonie has stayed hostage to crude and a soft-but-rangebound USD ahead of Friday's data. Two-way risk dominates with the week range 1.4000-1.4080 still intact.
Support: 1.4000, 1.3930
Resistance: 1.4020, 1.4048, 1.4080
What it said to watch
Concurrent US NFP and Canada jobs Fri 12:30 UTC — the decisive catalyst for this range
H1 close below 1.4000 range floor confirms a lower-low toward 1.3930
Reclaim of 1.4048 ema50 needed to re-engage the range top
08:01 UTC
Pullback from weekly highs · RSI 42 · price 1.40122
Rolled over below range floor.
USDCAD climbed four sessions to a weekly high near 1.4080 before rolling over through Wednesday's NY hours, slicing the 1.4030 range floor and now consolidating around 1.4012. Price sits below EMA20 and EMA50 with RSI(14) parked in the low 40s after the leg down; the loonie has lagged a soft USD, aided by firmer oil and strong Canadian data. Former support at 1.4030 now caps as resistance.
Support: 1.4002, 1.3993
Resistance: 1.4030, 1.4080
What it said to watch
Reclaim of 1.4030 negates the breakdown read
Failure to hold 1.4002 opens the path toward 1.3993
Dual US NFP and Canada jobs Fri 12:30 UTC — decisive catalyst for this pair
07:02 UTC
Pullback from weekly high, momentum down · RSI 44 · price 1.40134
Rolled over off double top, ranging near lows.
USDCAD climbed four sessions into a double top near 1.4080 before rolling over and slicing back below the 1.4030 prior floor into 1.4010, as a soft USD post-ADP and an oil rebound weighed on the pair. Price has since flattened just above the 1.4002 swing low, RSI mid-40s and sitting under both EMAs. The week's uptrend has been fully unwound, leaving 1.4030 as capping resistance on the retrace.
Support: 1.40021, 1.4000
Resistance: 1.4030, 1.4080
What it said to watch
H1 close back above 1.4030 prior floor negates the breakdown
Loss of 1.4002 swing low opens the 1.4000 psych level
Friday 12:30 UTC US + Canada jobs could reset the range
07:02 UTC
Pullback from weekly high, momentum down · RSI 43 · price 1.40134
Lower highs off 1.4080, basing near week low.
USDCAD topped at the 1.4080 week high in the NY session before rolling over, and has since carved a series of lower highs back to the 1.4002 weekly low, where price is now basing in a tight 1.4008–1.4016 band. The fade tracks a softer USD after the weak ADP/ISM services combo, with CAD still range-bound and lagging its improving data. RSI(14) sits mid-40s and price trades below both EMAs.
Support: 1.40021, 1.4008
Resistance: 1.40274, 1.4045, 1.40798
What it said to watch
H1 close above 1.40274 invalidates the lower-high structure
Break below 1.40021 confirms a fresh lower low toward the range floor
Friday's dual US NFP and Canada employment prints at 12:30 UTC could materially shift this read
USDCAD rolled off the 1.4080 weekly high after a twin-peak rejection, shedding roughly 70 pips into the 1.4000 area as crude firmed and the USD stayed soft post-ADP. Price now sits below both EMA20 and EMA50 with RSI(14) near 41, and the pair is grinding along the 1.4002 swing low. Demand has stepped in twice around 1.4000, keeping the range base intact for now.
Support: 1.40021, 1.4000
Resistance: 1.4026, 1.40797
What it said to watch
Canada employment and US NFP at 12:30 UTC (~6h) can materially shift this read
H1 close below 1.4000 confirms a lower-low and opens downside
Reclaim of 1.4026 EMA20 would neutralise the pullback
06:02 UTC
Pullback off weekly high · RSI 40 · price 1.40105
Double top, lower highs into support.
USDCAD stalled twice at 1.4080 across yesterday's NY and Asia sessions, printing a double top at the weekly triangle top before sliding to 1.4002 with soft crude keeping CAD heavy but the broad USD offering no follow-through. Price now trades below EMA20 with RSI(14) subdued in the low 40s after the leg lower. Supply capped every attempt at 1.4080 this week while demand has held the 1.4000 round number.
Support: 1.40021, 1.4000
Resistance: 1.4030, 1.4052, 1.4080
What it said to watch
Canada employment and US NFP at 12:30 UTC are a shared high-risk print that can drive this cross either way
H1 close below 1.4000 confirms a lower low and opens the path toward the fair-value zone
Reclaim of 1.4052 neckline neutralises the double top read
USDCAD stalled repeatedly at the weekly high near 1.4080 through midweek before reversing sharply to 1.4017, and has since coiled in a tight range just above the 1.4002 swing low. Price trades below EMA(20) around 1.4022 with RSI(14) in the low 40s, momentum having faded after the rejection at range top. CAD lagged G10 on soft oil this week even as the dollar eased post-ADP.
Support: 1.4002, 1.4000
Resistance: 1.4022, 1.4050, 1.4080
What it said to watch
Canada jobs and US NFP at 12:30 UTC Fri are the decisive catalyst and could reset this read
H1 close below 1.4000 confirms a lower low
Reclaim of 1.4050 prior support reopens the 1.4080 weekly high
05:02 UTC
Declining from weekly high, momentum down · RSI 44 · price 1.40143
Broke down from double top, basing near lows.
USDCAD rolled over from the 1.4080 weekly high, where a double top capped two attempts before an NY-session breakdown Wednesday drove price back to the 1.4000 round number. It's now consolidating just above recent 1.4004 lows, holding below EMA20/50 with RSI in the mid-40s. Oil direction stays the CAD swing factor as the pair leans into today's dual jobs prints.
Support: 1.4004, 1.4000
Resistance: 1.4046, 1.4080
What it said to watch
Canada employment and US claims at 12:30 UTC today could reset this read
Close below 1.4000 confirms a lower low
Reclaim of EMA20 near 1.4046 neutralises the breakdown
04:02 UTC
Downtrend, rolling off weekly highs · RSI 40 · price 1.40129
Double top near 1.4080, lower highs since.
USDCAD tagged the weekly high near 1.4080 twice into Thursday's session before rolling over sharply, and now trades near the week's lows around 1.4013 below both EMA20 and EMA50. The move down came as the broad USD stayed capped after soft US labour data, while CAD lagged on weak crude. RSI(14) has cycled into the high-30s, tracking the lower-high structure that has held since the double top.
Support: 1.40021, 1.4000
Resistance: 1.4035, 1.4080
What it said to watch
Simultaneous US NFP and Canada jobs at 12:30 GMT Friday is the decisive catalyst and can override this read
H1 close below 1.4000 confirms continuation of the lower-low sequence
Reclaiming 1.4035 (EMA20) would neutralise the intraday downside
04:01 UTC
Range this week, pressing lows · RSI 41 · price 1.40129
Pullback from weekly high, lower highs into support.
USDCAD rolled off the 1.4080 weekly high through the last NY session and has bled back to the 1.4000 area, with the CAD lag on soft oil offset by a broadly softer dollar after the ADP miss. Price sits below EMA20 (~1.4028) and EMA50, RSI(14) parked in the low 40s as the pair consolidates just above the 1.40021 swing low. The week's 1.4000–1.4080 range still frames the read.
Support: 1.40021, 1.4000
Resistance: 1.4028, 1.40797
What it said to watch
H1 close below 1.4000 confirms a lower-low out of the weekly range
Reclaim of 1.4028 EMA20 puts the 1.4080 weekly high back in play
Canada jobs and US NFP at 12:30 GMT Fri are the decisive cross catalyst
03:02 UTC
Rolled over from weekly high, downside momentum · RSI 41 · price 1.40079
Lower highs off 1.4080, now basing near 1.4000.
USD/CAD pushed to the weekly high at 1.4080 into midweek before rolling over through the NY session, shedding the week's gains to test the 1.4000 round number where the last ten bars have gone flat. Price sits below EMA20 (~1.4025) with RSI in the low 40s; CAD has lagged despite firm domestic data as soft oil dominated the tape. Scotiabank's cited 1.3930 fair value sits below the current swing low as the deeper reference.
Support: 1.4002, 1.3930
Resistance: 1.4025, 1.4051, 1.4080
What it said to watch
Sustained close below 1.4000 confirms a lower low toward the 1.3930 fair-value zone
Reclaim of EMA20 near 1.4025 reopens the 1.4051 prior high
Dual Canada/US jobs Friday 12:30 UTC could materially reset this range
03:02 UTC
Downtrend, consolidating at lows · RSI 37 · price 1.40079
Broke down from week's range, basing near round number.
USDCAD held a 1.4050-1.4080 band for most of the week before breaking down through the NY session yesterday, sliding to 1.4008 just above round-number support at 1.40000 and the 1.40021 session low. Price now trades below EMA20 (~1.40255) and EMA50 after four sessions of grind higher stalled at the 1.40797 weekly high, with RSI(14) subdued near 37. The leg lower tracked an oil rebound and softer US data, though the move into the base lacks fresh momentum.
Support: 1.4000, 1.40021
Resistance: 1.40255, 1.4051, 1.40797
What it said to watch
Hourly close below 1.40000 confirms a lower-low and extends the breakdown
Reclaim of EMA20 near 1.40255 would neutralise the downside break
Canada employment and US NFP at 12:30 UTC Friday could materially shift this read
02:02 UTC
Rolled over from weekly high, momentum down · RSI 36 · price 1.40063
Rounded top, lower highs pressing into 1.4000.
USD/CAD rolled over from the weekly high near 1.4080 after a rounded top and now trades below the H1 EMA20 with RSI(14) pressed into the mid-30s. Price has bled back to 1.4006, retesting the psych 1.4000 zone and the week's swing low around 1.4002 as the Asian session compresses into tight ranges. The four-session climb on soft oil has stalled ahead of Friday's dual US-Canada jobs prints.
Support: 1.4002, 1.4000
Resistance: 1.4046, 1.4080
What it said to watch
H1 close back above the EMA20 near 1.4046 would neutralise the rollover
Failure to hold 1.4000 confirms a break of the week's swing low
Canada jobs and US NFP at 12:30 UTC could materially shift this read
02:02 UTC
Downtrend, momentum building lower · RSI 34 · price 1.40063
Double top rejected, breaking down through midrange.
Twin peaks near 1.4080 into the NY session marked a double top, and the pair has since sold off through the week's midrange to test the 1.4000 round number. Price sits below EMA20 and EMA50 with RSI(14) pressed toward the mid-30s, and the earlier 1.4045 support has flipped to a broke-level cap. CAD had lagged on soft oil this week despite firm domestic data, leaving USDCAD stretched below Scotiabank's ~1.3930 fair value.
Support: 1.4000, 1.3993
Resistance: 1.4045, 1.4080
What it said to watch
Hold below 1.4000 keeps the breakdown intact; a close back above 1.4045 broke level neutralises it
Extension lower opens the 1.3993 fair-value zone
Canada jobs and US NFP both at 12:30 UTC could materially reshape this read
01:03 UTC
Reversal from weekly high, momentum down · RSI 36 · price 1.40057
Week's uptrend rejected, back at range base.
USDCAD climbed four sessions into a 1.4080 weekly high before reversing hard; the sharp NY-session drop from 1.4065 unwound the entire week's advance as Oil rebounded and the USD stayed soft after the ADP whiff. Price now sits back at the 1.4000 base, below EMA20 and EMA50 with RSI(14) pressed near 36. The 1.4030 pivot that acted as this week's floor has flipped to overhead resistance.
Support: 1.4000, 1.3993
Resistance: 1.4027, 1.4030, 1.40798
What it said to watch
H1 close below 1.4000 round opens the path toward 1.3930 fair value
Reclaim of the 1.4030 pivot would ease the downside read
Fri 12:30 UTC US NFP and Canada jobs are the decisive catalyst for this pair
01:02 UTC
Pullback from week high, momentum down · RSI 35 · price 1.40057
Rolled off 1.4080, testing weekly base.
USDCAD topped near 1.4080 during NY hours and has since slid back through the 1.4030 pivot, trading into the weekly base around 1.4003 with RSI(14) pressed toward the low 30s. Price is below both EMA20 and EMA50 after the rejection off the triangle top, with CAD supported by firmer oil while a soft USD caps the pair. The 1.4003 area is the level being tested — hold or break decides the near-term structure.
Support: 1.40027, 1.3993
Resistance: 1.4045, 1.40798
What it said to watch
H1 close below 1.4003 confirms a lower low and breaks the weekly base
Reclaim of 1.4045 (EMA20) would neutralise the current pullback
Fri 12:30 UTC US NFP and Canada jobs are the week's decisive catalysts for this pair
USDCAD rolled over from the week high at 1.4080 and sliced through the 1.4030 range base into the NY session, pressing RSI(14) toward oversold as price now bases near 1.4005. The move fits the softer USD ahead of Friday's jobs data while CAD found footing as oil rebounded; price is trading well below EMA20 and EMA50. The 1.4030 former base now sits overhead as the first area to watch for retest or rejection.
Support: 1.40047, 1.4000
Resistance: 1.4030, 1.40798
What it said to watch
H1 close back above 1.4030 negates the range break
Friday 12:30 UTC US NFP and Canada jobs double-header could materially shift this read
Failure to hold 1.4000 confirms an extension of the lower-low sequence
USDCAD carved a double top near 1.4080 across Wednesday-Thursday and broke down sharply into the NY session as the USD softened on the 44K ADP miss and oil firmed. Price sliced through the EMA20 and now sits below both moving averages, consolidating at the session low around 1.4010 with RSI(14) pressed near 37. The four-day grind higher toward the 1.4090 triangle top has been fully unwound.
Support: 1.40047, 1.4000
Resistance: 1.4045, 1.4080
What it said to watch
Friday 12:30 UTC US NFP and Canada jobs double-header could materially shift this read
Hourly close back above 1.4045 EMA20 would neutralise the breakdown
Failure to hold 1.4000 psych opens continuation lower