USD/CAD AI Live Scan, 1-hour chart, Sunday, 7 June 2026
Every read JAFX AI made on the USD/CAD 1-hour chart that day, newest first: trend, structure, the levels it marked and what it said to watch.
23:02 UTC
Uptrend, pressing week high · RSI 63 · price 1.39511
Higher highs, higher lows.
USD/CAD has ground higher all week, up roughly 110 pips from Monday's 1.3841 open as firm USD post-NFP outpaced Friday's strong Canadian jobs print. The weekend gap down to 1.39295 was filled within the first hours of trade and price pushed to a fresh week high at 1.3952. Holding above the EMA20 with RSI(14) in the low-60s, pullbacks have so far found higher lows.
Support: 1.3930, 1.3915, 1.3875
Resistance: 1.3952
What it said to watch
Close below 1.3915 EMA20 would challenge the week's uptrend structure
Failure to clear 1.3952 week high keeps the range top capped
US CPI Tue 12:30 UTC and BoC decision Wed 13:45 UTC could materially shift this read
Steady climb off Wednesday's 1.3815 low into Friday's 1.395 NY-session high, clearing the 1.3925 two-month high that has now flipped to support. Friday's blowout Canadian jobs print sparked a brief CAD bid but failed to reverse the broader uptrend, and the thin Sunday reopen is back near 1.3946. Price sits above both EMA20 and EMA50 with RSI cycling in the upper half.
Support: 1.3925, 1.3900, 1.38675
Resistance: 1.3950, 1.4000
What it said to watch
Loss of 1.3925 reopens the 1.39 round level
Sustained close above 1.395 opens the path toward 1.40
BoC rate decision Wed could materially shift this read
21:02 UTC
Uptrend, momentum strong · RSI 69 · price 1.39405
Higher highs, higher lows; broke above 1.3925.
USDCAD pushed through the 1.3925 two-month high into the latest NY session and is testing 1.3950, holding above both EMA(20) and EMA(50) with RSI(14) near 69. The advance came despite Friday's blowout Canadian jobs print, with the broken 1.3925 high now acting as the first support shelf. The dominant impulse this week ran from the 1.3815 Monday low to here, with pullbacks finding higher lows.
Support: 1.3925, 1.3894, 1.3865
Resistance: 1.3950, 1.4000
What it said to watch
Sustained H1 close above 1.3950 opens the path toward 1.4000
Failure to hold 1.3925 negates the breakout and reopens 1.3865
BoC decision Wed Jun 10 and US CPI same day could materially shift this read