USD/CAD AI Live Scan, 1-hour chart, Tuesday, 7 July 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, momentum fading on pullback · RSI 43 · price 1.41994

Pullback from weekly high toward EMA.

USD/CAD extended this week's advance to a 1.4238 weekly high before rejection set in, and price has since faded back below EMA(20) toward the 1.419 area. The broad move off Monday's 1.4150 low remains intact, but RSI(14) has cooled into the low-40s as the pullback retests prior breakout support. CAD stayed heavy despite a firmer trade surplus, with USD holding a broad bid.

Support: 1.4185, 1.4150

Resistance: 1.4225, 1.4238, 1.4250

What it said to watch

  • H1 close below 1.4185 swing low confirms a deeper leg toward 1.4150
  • Reclaim of 1.4225 prior high reopens the 1.4250 psych level
  • FOMC Minutes Wed 18:00 UTC could materially shift this read

23:02 UTC

Uptrend stalling, deep pullback · RSI 46 · price 1.41994

Range after week high, mid-range.

USD/CAD extended this week's USD-led advance to a 1.4238 high before supply capped it and price rolled back to the mid-1.419s, now sitting just under EMA(20). The move stalled around 1.4238 twice and has retraced roughly 76% of the week's impulse off 1.4186, keeping price boxed in a 1.4186–1.4238 range. Broadly firm USD tone but a stretched CAD-short backdrop leaves the pair consolidating ahead of FOMC minutes.

Support: 1.41862, 1.4150

Resistance: 1.4203, 1.42383, 1.4250

What it said to watch

  • H1 close above 1.42383 reopens the 1.4250 psych area
  • Failure to hold 1.41862 swing low confirms a lower-low toward 1.4150 support
  • FOMC minutes Wed 18:00 UTC could materially shift this read

22:02 UTC

Range-bound after pullback · RSI 48 · price 1.42036

Consolidation below week high, lower highs forming.

USDCAD pushed to a week high near 1.4238 into Monday's NY session before fading back into the 1.4190–1.4210 band, where price now sits pinned between EMA20 above and EMA50 below. The loonie has stayed heavy despite a strong trade surplus, with USD holding gains on Fed pricing, but the topside stalled at 1.4238 and RSI(14) has slipped back toward the midline. Structure this week is a broad 1.4150–1.4250 consolidation with lower highs capping since the peak.

Support: 1.4188, 1.4150, 1.4130

Resistance: 1.4238, 1.4250

What it said to watch

  • H1 close above 1.4238 reopens the path toward 1.4250
  • Failure to hold 1.4188 confirms a lower low back toward 1.4150
  • FOMC minutes Wed 18:00 UTC could materially shift this read
  • Canada jobs Fri 12:30 UTC is the week's key CAD catalyst

22:02 UTC

Sideways, range-bound · RSI 49 · price 1.42036

Consolidation between weekly extremes.

USDCAD has spent the week chopping in a 1.4185–1.4238 band, tracking EMA(20) closely with RSI(14) hugging the 50 line. The week's push toward 1.4238 was rejected and price faded back to the weekly low near 1.4185 before recovering into the 1.4200 mid-range; the loonie has stayed heavy despite a firmer trade surplus and steady oil, with USD dominating on Fed-path pricing.

Support: 1.41848, 1.41498

Resistance: 1.42383, 1.4250

What it said to watch

  • FOMC Minutes Wed 18:00 UTC could materially shift this read
  • H1 close above 1.4238 opens the path toward the 1.4250 psych level
  • Failure to hold 1.4185 exposes 1.4150 range low
  • Canada jobs Fri 12:30 UTC is the week's key CAD catalyst

21:03 UTC

Range, momentum rolling lower · RSI 43 · price 1.41996

Week-long range, capped at highs.

USDCAD has held a range between 1.4150 and 1.4250 all week, with a third up-day stalling at 1.4238 in the NY session before rolling back under EMA(20). The pullback has dropped price below both EMAs with RSI(14) easing into the low-40s, and demand near 1.4185 is the immediate test. Stretched USD positioning below the 101.00 DXY cap has kept the range top respected.

Support: 1.4185, 1.4150

Resistance: 1.42383, 1.4250

What it said to watch

  • FOMC minutes Wed 18:00 UTC could materially shift this read
  • Failure to hold 1.4185 opens the path to 1.4150 week low
  • Close back above 1.4238 reopens the 1.4250 psych level
  • Canada jobs Fri 12:30 UTC is the next CAD catalyst

21:03 UTC

Uptrend stalling, pulling back · RSI 45 · price 1.41996

Faded from week high, lower highs into Friday.

USDCAD posted a third straight up-day into Thursday, peaking at 1.4238 before supply capped the move and price rolled over through Friday, slipping back below EMA20 as USD firmness eased. It now sits near 1.4200 with RSI(14) mid-40s and a run of lower highs since the peak. FOMC minutes Wednesday and Friday's Canada jobs are the next catalysts framing this range.

Support: 1.41862, 1.4150, 1.4150

Resistance: 1.42383, 1.4250

What it said to watch

  • H1 close back above 1.4238 reopens the path toward 1.4250 psych
  • Loss of 1.41862 swing low confirms a deeper leg toward the 1.4150 base
  • FOMC minutes Wed 18:00 UTC could materially shift this read

20:02 UTC

Uptrend stalling, rolling over · RSI 43 · price 1.41964

Pullback from week high, lower highs forming.

USD/CAD extended a third leg toward the 1.4238 week high before rolling over into the current session, now back at 1.4196 and slipping below EMA20. CAD failed to firm despite steady oil, with today's Ivey PMI miss (56.2 vs 59.1) doing little to change the soft-loonie tone; price is grinding out lower highs off the high. The 1.4183 session low is the first structural marker below.

Support: 1.4183, 1.4150, 1.4130

Resistance: 1.4210, 1.4238

What it said to watch

  • H1 close below 1.4183 session low confirms a lower-low and opens 1.4150 swing low
  • Reclaim of 1.4210 EMA20 re-engages the 1.4238 week high
  • FOMC minutes Wed 18:00 UTC and Canada jobs Fri 12:30 UTC could reset this range read

20:02 UTC

Uptrend, momentum fading on pullback · RSI 43 · price 1.41964

Pullback from week high, testing lower highs.

USDCAD ground higher through midweek to a 1.42383 week high before rolling over into the NY session, with CAD staying soft on the CUSMA trade overhang despite firm oil. Price has since slipped below EMA(20) and now sits near 1.4196 as a sequence of lower highs caps the pullback. The 1.41862 recent low is the first structural pivot below current price.

Support: 1.41862, 1.41498, 1.4130

Resistance: 1.42383, 1.4250

What it said to watch

  • H1 close back above 1.42383 resumes the week's uptrend toward the 1.4250 breakout high
  • Loss of 1.41862 opens the path to the 1.41498 week low and 1.4130 breakout support
  • FOMC minutes Wed 18:00 UTC and Canada jobs Fri could materially reset this read

19:02 UTC

This-week uptrend stalling, pulling back · RSI 42 · price 1.41969

Lower highs off week high, testing support.

USDCAD peaked near 1.4238 during yesterday's NY session then rolled over, and the pair has since printed lower highs to press session lows around 1.4186. Price now sits below both EMA20 and EMA50, with RSI(14) cooling toward 40 as the week's impulse off the 1.4150 spike low retraces. The 61.8% retrace of that move aligns with the current 1.4184 zone.

Support: 1.4186, 1.41592, 1.41498

Resistance: 1.4207, 1.42259, 1.42383

What it said to watch

  • H1 close below 1.4186 opens the path toward the 1.41592 swing low
  • Reclaim of the 1.4207 ema20 would neutralise the pullback
  • Canada jobs Fri 12:30 UTC is the week's main CAD catalyst

19:02 UTC

Uptrend stalling, near-term pullback · RSI 43 · price 1.41969

Pulled back from week high after rejection.

USDCAD extended a third session higher into the 1.4238 week high before rejection Monday, and price has since slipped back under the EMA20 around 1.4215 with RSI(14) cooling toward the low-40s. A soft Ivey PMI (56.2 vs 59.1) offered little support, and the pair is now probing the 1.4186 day low. Broader structure remains a 1.4186–1.4238 range while that floor holds.

Support: 1.41862, 1.4155, 1.41498

Resistance: 1.4215, 1.42383, 1.4228

What it said to watch

  • H1 close back above 1.4215 EMA20 reasserts the up-leg toward 1.4238
  • Loss of 1.4186 day low opens 1.4155 swing low then the 1.4150 week low
  • Canada jobs Fri 12:30 UTC is the only high-impact CAD catalyst this week

18:02 UTC

Uptrend stalling, pulling back · RSI 44 · price 1.41858

Rejection at week high, testing lows.

USDCAD ran to a fresh week high at 1.42383 into the NY session before rolling over, and price has since slipped back below EMA20 with RSI(14) cooling toward the mid-40s. The pullback has retraced most of the week's rally off the mid-1.4100s, driven more by a firmer USD than domestic data after a soft Ivey PMI. The 1.4180 swing area is the near-term floor; failure there exposes the 1.4159 week low.

Support: 1.4180, 1.4159, 1.4130

Resistance: 1.4226, 1.42383

What it said to watch

  • H1 close below 1.41800 confirms a lower-low and opens the 1.4159 week low
  • Reclaim of 1.42260 puts the 1.42383 week high back in play
  • FOMC minutes Wed 18:00 UTC could materially shift this read

18:02 UTC

Rolling over from week high · RSI 38 · price 1.41858

Pullback after breakout toward 1.4250.

USDCAD pushed to a 1.42383 week high early in the NY session before rolling over, and price has since slipped back through EMA20 and EMA50 to retest the session low near 1.41848. The reversal came with the pair unwinding this week's breakout push toward 1.4250, USD-led as the Hormuz safe-haven bid faded. RSI(14) has cycled down toward 37, tracking the loss of the upper-1.42 handle.

Support: 1.41848, 1.41592, 1.4130

Resistance: 1.42226, 1.42383, 1.4250

What it said to watch

  • Close below 1.41592 confirms a lower-low and extends the pullback
  • Reclaim of 1.42226 would negate the rejection off the week high
  • FOMC minutes Wed 18:00 UTC could materially shift this read
  • Canada jobs Fri 12:30 UTC frames the CAD reaction

17:03 UTC

Weekly uptrend, near-term pullback · RSI 41 · price 1.41913

Pullback from week high, price under EMA20.

USD/CAD ran up through the week toward the 1.42383 week high before rejection into the NY session dragged price back under the EMA20 near 1.4215; the loonie stayed soft despite firmer oil, with the Ivey PMI miss (56.2 vs 59.1) leaving little mark. The latest leg has cut through 1.4204 and is now probing the session low at 1.4188, with RSI(14) cooling toward 40. Prior swing support sits at 1.41749 below.

Support: 1.4188, 1.41749, 1.4163

Resistance: 1.4215, 1.42383

What it said to watch

  • H1 close below 1.4188 opens the path to 1.41749 prior swing
  • Reclaim of the EMA20 near 1.4215 would neutralise the pullback
  • FOMC minutes Wed 18:00 UTC could materially shift this read

17:02 UTC

Uptrend stalling, rolling over from highs · RSI 40 · price 1.41913

Week high rejected, back below pivot.

USDCAD extended its third up-day into the NY session, tagging a 1.4238 week high before rejecting and rolling over. The last four hours have unwound the move, slipping through the 1.4200 pivot to print 1.4191 as CAD stays soft despite firmer oil. Price now sits below EMA20 with RSI(14) near 39, the whole week's advance from the Monday gap open fully retraced.

Support: 1.4188, 1.4175, 1.4130

Resistance: 1.4200, 1.4238

What it said to watch

  • Hourly close back above 1.4200 pivot re-engages the 1.4238 week high
  • Loss of the 1.4188 session low and 1.4175 swing low opens the path to 1.4130
  • Canada jobs Fri 12:30 UTC could materially shift this read

16:02 UTC

Uptrend stalling, pullback underway · RSI 41 · price 1.41937

Week high rejected, rolling over below pivot.

USDCAD climbed through Monday-Tuesday to a 1.42383 week high before rolling over into the NY session, with the Ivey PMI miss leaving little mark. The last four hours have unwound the advance, dropping back under the 1.4200 pivot to a 1.41880 session low as RSI(14) eased into the low-40s. Price now sits below both EMAs after holding above them for most of the week.

Support: 1.4188, 1.4130

Resistance: 1.4200, 1.42383

What it said to watch

  • H1 close below 1.41880 confirms a lower low, opening the path toward 1.4130
  • Reclaim of the 1.4200 pivot would neutralise the pullback
  • FOMC Minutes Wed 18:00 UTC and Canada jobs Fri 12:30 UTC are the near-term catalysts

16:02 UTC

Uptrend stalling, pulling back · RSI 41 · price 1.41937

Rejection at week high, retracing.

USDCAD extended its week-long grind toward 1.42383 before rejection into the NY session capped the move, and price has since slipped back below EMA20 to 1.4194. The advance stalled short of the 1.4250 breakout high even as CAD stayed soft on a cooler Ivey PMI and firm USD. The pullback has unwound most of this week's rally into the 1.4130 former range top.

Support: 1.4188, 1.4130

Resistance: 1.4213, 1.42383, 1.4250

What it said to watch

  • H1 close below 1.4188 session low opens the path toward 1.4130 range top
  • Reclaim of the 1.4213 EMA20 zone would re-engage the 1.4238 week high
  • FOMC Minutes Wed 18:00 UTC could materially shift this read

15:02 UTC

Uptrend stalling below week high · RSI 44 · price 1.4195

Pullback from 14-mo high, back under EMA20.

USDCAD pushed to a 14-month high at 1.4238 in yesterday's NY session before rolling over; the last two bars have shed the advance back to 1.4195 even after a soft Ivey PMI (56.2 vs 59.1). Price now sits below the H1 EMA20 near 1.4213 with RSI(14) back around 44 following the rejection at the week high.

Support: 1.4191, 1.4150

Resistance: 1.4213, 1.4238

What it said to watch

  • H1 close back above 1.4213 EMA20 needed to re-engage the week high
  • Loss of 1.4191 swing low exposes 1.4150 weekly low
  • Canada jobs Fri 12:30 UTC is the key CAD catalyst this week
  • FOMC minutes Wed 18:00 UTC could reprice the USD leg

15:02 UTC

Uptrend, pulling back · RSI 42 · price 1.4195

Higher highs into rejection at week high.

USDCAD opened the week near 1.4186 and ground higher through the NY sessions to a 14-month high at 1.4238, where the advance stalled — a soft Ivey PMI (56.2 vs 59.1) kept the CAD undertone weak but capped follow-through. The last two bars have rolled over to 1.4195, dropping price back below the H1 EMA(20) toward the weekly open, with RSI(14) unwinding from the mid-60s.

Support: 1.4186, 1.4175

Resistance: 1.4220, 1.4238

What it said to watch

  • H1 close below 1.4186 weekly open negates this-week's higher-low sequence
  • Reclaim of 1.4220 reopens the path to the 1.4238 week high
  • FOMC minutes Wed 18:00 UTC and Canada jobs Fri 12:30 UTC are the week's swing catalysts

14:02 UTC

Uptrend, momentum stalling · RSI 47 · price 1.42027

Higher highs into week top, pullback below pivot.

USD/CAD ground higher for a third session, tagging a week high at 1.4238 before rejecting and easing back under the 1.4200 pivot on the final bar, consistent with the soft-CAD/firm-USD backdrop. RSI(14) has cooled toward the mid-40s and price slipped below EMA20 as the pullback deepened. The broader higher-low sequence off Monday's 1.41862 base is still intact while 1.4200 holds.

Support: 1.4200, 1.41862, 1.4150

Resistance: 1.42238, 1.4218

What it said to watch

  • Hold above 1.4200 pivot keeps the bullish structure intact; sustained H1 close below opens 1.41862 week low
  • Canada Jobs Fri 12:30 UTC and FOMC minutes Wed 18:00 UTC could reset this read
  • Loss of 1.41862 confirms a lower low and breaks the week's rising base

14:02 UTC

Uptrend, momentum stalling · RSI 45 · price 1.42027

Grind higher above 1.4200, capped near 1.4238.

USDCAD extended a third straight session of grind higher off last week's 1.4150 base, tagging 1.4238 before fading back under EMA(20) into the 1.4200 pivot — the soft-CAD, USMCA-risk theme keeping the pair bid. The rejection from 1.4238 and the pullback to 1.42027 has RSI(14) cooling toward the mid-40s, but the 1.4200 pivot is so far holding as demand. Higher-lows structure since Monday remains intact while price stays above it.

Support: 1.4200, 1.4159, 1.4150

Resistance: 1.42383, 1.4228

What it said to watch

  • H1 close below 1.4200 pivot breaks the higher-lows structure and opens 1.4159
  • Reclaim and hold above 1.4238 resumes the grind higher
  • Canada Ivey PMI (14:00 UTC) and Fri jobs are near-term CAD risk to this read

13:03 UTC

Uptrend, grinding higher · RSI 57 · price 1.42195

Higher lows, consolidating below week high.

USDCAD rebased above the 1.4200 pivot after Friday's soft NFP briefly dragged it to 1.4150, with CAD-specific drags (dovish BoC, trade risk) keeping the pair near 14-month highs. Price has printed higher lows since mid-week and holds above EMA(20), with RSI(14) cycling in the mid-50s on each pullback. The 1.4238 week high has capped the advance, keeping price boxed just beneath it.

Support: 1.4200, 1.4150

Resistance: 1.4238, 1.4225

What it said to watch

  • H1 close above 1.4238 week high opens the path higher
  • Loss of the 1.4200 pivot exposes 1.4150 swing low
  • FOMC minutes Wed 18:00 UTC and Canada jobs Fri 12:30 UTC could reset this read

13:02 UTC

Mild uptrend, momentum flattening · RSI 55 · price 1.42195

Consolidation above 1.4200 after rebasing off weekly low.

USDCAD rebased above the 1.4200 pivot after Friday's soft US NFP briefly dragged it to the mid-1.41s, with CAD-specific drags keeping the pair firm near 14-month highs. Price pushed to a 1.4238 week high in the NY session before slipping back into a tight 1.4205–1.4230 consolidation; RSI(14) is cycling around the mid-50s and EMA(20) is capping pullbacks. Holding above 1.4200 keeps the week's higher structure intact.

Support: 1.4200, 1.41862, 1.4150

Resistance: 1.42383, 1.4228

What it said to watch

  • FOMC minutes Wed 18:00 UTC could materially shift this read
  • H1 close below 1.4200 pivot opens the path back toward the 1.41862 week low
  • Close above 1.42383 reopens the week-high extension

12:02 UTC

Recovery grind higher, momentum flattening · RSI 53 · price 1.42149

Range within week's 1.4150–1.4238 band, upper half.

USD/CAD has ground back up from this week's 1.4150 recovery low, tagging a 1.4238 week high before stalling on a firm dollar and soft CAD undertone. Price now consolidates in the 1.4210–1.4218 zone, hugging the EMA20 with RSI cycling near 50–55. Rejection at 1.4238 capped the latest push and the pair is holding just above the 1.4203 recent low.

Support: 1.4203, 1.4185, 1.4150

Resistance: 1.4228, 1.42383

What it said to watch

  • H1 close above 1.4238 week high opens the path toward the mid-1.4200s
  • Failure to hold 1.4205 recent low exposes the 1.4185 swing low then 1.4150 week low
  • Canada Ivey PMI today 14:00 GMT and FOMC minutes Wed 18:00 UTC could shift this read

12:02 UTC

Uptrend, momentum flattening · RSI 52 · price 1.42149

Consolidating below week high.

USDCAD rebuilt this week from the 1.41862 open toward a 1.42383 high before stalling, with CAD staying heavy on firm USD and lingering USMCA angst. Price is now grinding sideways near 1.4215, holding above EMA20/EMA50 while RSI hovers around neutral. The 1.42383 week high capped the last push and 1.42030 has contained pullbacks.

Support: 1.4203, 1.41862, 1.41498

Resistance: 1.42383, 1.4229

What it said to watch

  • H1 close above 1.42383 extends the week high
  • Loss of 1.42030 opens the 1.41862 week open
  • Ivey PMI today 14:00 GMT and FOMC minutes Wed could shift this read

11:02 UTC

Recovery drifting higher, momentum slowing · RSI 48 · price 1.42103

Consolidating below week high after rebound off 1.4150.

USDCAD has ground higher through the week toward the mid-1.4200s, holding near 14-month highs as a firm dollar outweighs CAD, but the 1.4238 week high capped Monday's push and price has since drifted back to 1.4210 and stalled at EMA(20). RSI(14) has cooled to the mid-40s after the reversal off 1.4238, and the 1.4203 swing low is the near-term pivot for the recent range. The broader recovery from the 1.41498 week low remains intact while higher lows hold.

Support: 1.4203, 1.41498, 1.41592

Resistance: 1.4228, 1.42383, 1.4216

What it said to watch

  • H1 close above 1.42383 opens continuation toward the mid-1.4200s highs
  • Loss of 1.4203 exposes the 1.41592 higher low and the recovery structure
  • Ivey PMI today 14:00 GMT and Fri Canada jobs are the near-term CAD tests
  • FOMC minutes Wed 18:00 UTC could materially shift this read

11:02 UTC

Uptrend this week, momentum flattening · RSI 48 · price 1.42103

Consolidation below week high.

Since Monday's open near 1.4186 USDCAD rallied to a week high at 1.4238 on a firm USD backdrop, with CAD staying heavy near 14-month lows. Price has since eased into a tight consolidation around 1.4210, sitting at the EMA(20)/EMA(50) cluster with RSI(14) back near neutral. The week's higher-low sequence off Monday's open is still intact.

Support: 1.4203, 1.41862, 1.4175

Resistance: 1.4228, 1.42383

What it said to watch

  • H1 close above 1.4238 reopens the week-high break
  • Failure to hold 1.4186 week open negates the week's advance
  • FOMC minutes Wed 18:00 UTC could materially shift this read
  • Canada Ivey PMI today and Fri jobs are the CAD-side catalysts

10:02 UTC

Uptrend, momentum flattening near highs · RSI 53 · price 1.42154

Consolidation below week high after gap recovery.

USDCAD has ground higher through the week on a firm US Dollar, gapping up into the new session and pushing to a week high at 1.42383 before stalling. Price is now consolidating in the low-1.4210s, holding above EMA20 and EMA50, with RSI(14) mid-range as the rally pauses. CAD softness and the failing oil correlation keep the bid intact, but Ivey PMI later today and Wednesday's FOMC minutes are the near-term catalysts.

Support: 1.4200, 1.41862, 1.4150

Resistance: 1.42383, 1.4250

What it said to watch

  • Ivey PMI at 14:00 UTC could shift the CAD leg intraday
  • H1 close above 1.42383 opens the path toward the 14-mo high near 1.4250
  • Loss of the 1.4200 round number would break the rising higher-low sequence
  • FOMC minutes Wed 18:00 UTC is the week's key USD catalyst

10:02 UTC

Uptrend, momentum slowing · RSI 53 · price 1.42154

Consolidating below week high after rally.

USDCAD ground higher off Monday's 1.41862 open to a fresh 14-month peak at 1.42383 as a firm US Dollar overwhelmed higher crude, with the softer BoC and USMCA overhang keeping CAD heavy. Since that push the pair has drifted into a tight range above EMA(20), RSI(14) easing back toward 53 as momentum cools. The 1.42383 swing high has capped the last two NY-session attempts.

Support: 1.4203, 1.41862

Resistance: 1.42383, 1.4250

What it said to watch

  • H1 close above 1.42383 opens the path to the 1.4250 14-mo high
  • Loss of 1.42030 prior-day low would flag a lower low
  • Canada Ivey PMI today 14:00 UTC and FOMC minutes Wed 18:00 UTC could reshape this read

09:03 UTC

Range-bound, mild upward drift · RSI 51 · price 1.42133

Consolidation between weekly open and 1.4240 cap.

Since Monday's open near 1.4186 USDCAD has ground higher and tested 1.4240 twice this week, with supply capping both attempts. Price now sits mid-range around 1.4213 with RSI cycling near 50 and EMA20 flattening. USD stayed broadly bid on resilient ISM Services offsetting the soft NFP, while dovish-BoC and USMCA risk keep CAD heavy.

Support: 1.4186, 1.4150

Resistance: 1.4240, 1.4250

What it said to watch

  • H1 close above 1.4240 opens the path to the mid-1.4250s 14-month high
  • Failure to hold weekly open 1.4186 exposes the 1.4150 week low
  • FOMC minutes Wed 18:00 UTC and Canada jobs Fri could reshape this read

09:03 UTC

Sideways, near week highs · RSI 51 · price 1.42133

Consolidation under the week high after Monday's recovery.

USDCAD is grinding sideways just under this week's high after the early-week flush to 1.4150 was fully retraced; price sits on the EMA20 with RSI(14) cycling around 50. CAD stayed soft on dovish-BoC and USMCA risk even as the soft US NFP capped the USD, leaving the pair pinned to the 1.421-1.422 area since Monday's open at 1.41862. Buyers have defended dips toward the weekly open while 1.4225 has capped attempts into the NY session.

Support: 1.41862, 1.4150

Resistance: 1.4225, 1.42383

What it said to watch

  • Hourly close above 1.42383 opens the path to the mid-1.4200s
  • Loss of the 1.41862 weekly open confirms a lower-low back toward the spike low
  • Ivey PMI 14:00 UTC today and FOMC minutes Wed 18:00 UTC could shift this read

08:02 UTC

Uptrend, grinding into highs · RSI 56 · price 1.42192

Higher lows, consolidating below week high.

Since the week reopened USDCAD has ground higher along a series of higher lows, tapping the 14-month week high at 1.4238 before easing back to consolidate near 1.4219, holding above EMA20. The advance sits on a firm USD backdrop despite soft NFP, with CAD staying heavy on trade risk. Price is coiling just under the week high after the NY session probe stalled.

Support: 1.4213, 1.4200, 1.4150

Resistance: 1.4238, 1.4255

What it said to watch

  • H1 close above 1.4238 week high opens the path to the 1.4255 april high
  • Failure to hold the 1.42 pivot exposes the 1.4150 swing low
  • FOMC minutes Wed 18:00 UTC and Ivey PMI today could shift this read

08:02 UTC

Recovery uptrend, momentum easing near highs · RSI 55 · price 1.42192

Higher lows off week low, consolidating below week high.

USDCAD sold off to the 1.41498 week low into Thursday's soft US payrolls, then reclaimed 1.42 and has ground out higher lows on firm USD and a dovish-BoC backdrop. Price is holding above EMA(20)/EMA(50) but consolidating just under the 1.42383 week high, with RSI(14) mid-range as momentum flattens near resistance.

Support: 1.4200, 1.4159, 1.41498

Resistance: 1.42383, 1.4250

What it said to watch

  • H1 close above 1.42383 opens the path toward the mid-1.4250 April high
  • Loss of 1.4200 pivot would question the higher-low sequence
  • FOMC minutes Wed 18:00 UTC and Canada Ivey PMI today could shift this read

07:02 UTC

Recovery, momentum flattening · RSI 50 · price 1.42145

Range-bound above 1.42 pivot.

USDCAD rebuilt through the week above the 1.42 pivot: after Monday's dip toward 1.4150 the pair recovered into the NY session to a 1.4238 week high before easing back to 1.4215. RSI is cycling around the midline and price sits on EMA20, a consolidation read with the 1.4238 high capping upside. The soft US NFP and firm-USD/soft-CAD backdrop keep the grind above 1.42 intact.

Support: 1.4203, 1.41862, 1.41498

Resistance: 1.42383, 1.4200

What it said to watch

  • Ivey PMI today 14:00 UTC — a soft read reinforces the fragile-CAD narrative
  • H1 close above 1.4238 week high opens the path to mid-1.4200s
  • Failure to hold 1.4186 reopens downside toward the 1.4150 week low
  • Canada jobs Fri 12:30 UTC is the week's key catalyst for this pair

07:02 UTC

Uptrend, momentum flattening · RSI 52 · price 1.42145

Consolidating above 1.42 pivot after mid-week recovery.

USDCAD is grinding in a tight band above the 1.42 pivot, holding gains after Friday's dip toward 1.415 on the soft US NFP was fully retraced into this week's open. Price probed the week high at 1.4238 before easing back to 1.4214, with rejection there capping the topside; RSI sits mid-range as momentum flattens. The pair is sitting above both H1 EMAs but pullbacks have been shallow, consistent with a soft-CAD undertone into Canadian risk events.

Support: 1.4205, 1.4200, 1.4150

Resistance: 1.4238, 1.4232

What it said to watch

  • Hourly close above 1.4238 week high opens the mid-1.4200s cycle high
  • Loss of 1.42 pivot exposes the 1.415 recent low
  • Ivey PMI today 14:00 UTC and Canada jobs Fri could shift this read
  • FOMC minutes Wed 18:00 UTC is the key USD catalyst

06:02 UTC

Uptrend, grinding higher · RSI 55 · price 1.42171

Recovered from weekly low, holding above 1.42.

USDCAD rebuilt through the week after the sweep to 1.41498, and price has held above the 1.42 pivot since retesting it, with EMA20 and EMA50 stacked below spot. The week high at 1.42383 capped the NY-session push yesterday, and price is now consolidating in the low 1.4210s. A firm USD into Wednesday's FOMC minutes and a soft CAD undertone frame the grind.

Support: 1.4200, 1.41592, 1.41498

Resistance: 1.42383, 1.4232

What it said to watch

  • H1 close above 1.42383 opens the path to the mid-1.4200s cycle high
  • Failure to hold the 1.42 pivot exposes 1.41592 swing low
  • Ivey PMI today 14:00 UTC and FOMC minutes Wed 18:00 UTC could reset this read

06:02 UTC

Mild uptrend, momentum easing · RSI 55 · price 1.42171

Higher lows, consolidating below week high.

USDCAD has ground higher since Monday's session open near 1.4186, tagging a 1.4238 week high before easing back to the 1.42 pivot, with a firm USD and soft CAD undertone dominating despite firmer oil. Price holds above EMA20 and EMA50 while RSI(14) cycles mid-50s, showing momentum cooling rather than reversing. The 1.4238 area capped the last push and has yet to be reclaimed.

Support: 1.4200, 1.41862, 1.4150

Resistance: 1.42383

What it said to watch

  • H1 close above 1.4238 week high opens the path toward the mid-1.4200s apr high
  • Loss of the 1.42 pivot and week open 1.41862 exposes the recent low near 1.4150
  • Ivey PMI today 14:00 UTC and Canada jobs Fri could reshape the CAD read
  • FOMC minutes Wed 18:00 UTC is the key USD catalyst

05:03 UTC

Uptrend, momentum flattening · RSI 52 · price 1.42166

Consolidating below week high after Mon-Tue push.

USDCAD opened this week near 1.4186 and climbed through the Monday–Tuesday sessions to a week high of 1.42383 before easing back to consolidate around 1.4217, holding above EMA50 with a firm USD backdrop. Price has since coiled in a tight 1.4205–1.4238 band with RSI hovering near 50 and EMA20 flattening just overhead. The broader recovery off last week's sweep to 1.41498 remains intact while 1.4205 holds.

Support: 1.4205, 1.41862, 1.4150

Resistance: 1.42383, 1.4230

What it said to watch

  • Hourly close below 1.42050 range low shifts the read back toward 1.41862 week open
  • Break and hold above 1.42383 week high extends the recovery
  • FOMC Minutes Wed 18:00 UTC and Canada jobs Fri 12:30 UTC could reset this range

05:03 UTC

Recovery, grinding higher · RSI 55 · price 1.42166

Higher lows off Monday's low, consolidating below week high.

USDCAD has rebuilt through the week after the sell-off to 1.4150, with the firm-dollar theme keeping the pair bid above the 1.42 pivot into the NY-Asia transition. Price holds above EMA20 with RSI(14) cycling around the mid-50s; the mid-1.4200s cycle high near 1.4238 capped the last push and remains the range top. CAD ignored firmer oil as the King Dollar narrative dominated.

Support: 1.4205, 1.4187, 1.4150

Resistance: 1.4230, 1.4238

What it said to watch

  • H1 close above 1.4238 opens continuation toward ING's 1.45 trade-risk target
  • Loss of 1.4187 week open exposes the 1.4150 recent low
  • Ivey PMI today 14:00 UTC and Canada jobs Fri could reset the read
  • FOMC Minutes Wed 18:00 UTC — hawkish tone would extend USD strength

04:02 UTC

Range, mild recovery · RSI 53 · price 1.42171

Consolidation above 1.42 pivot.

USDCAD is consolidating above the 1.42 pivot after Monday's push to 1.42383 failed to hold and pulled back to the 1.4203 range low, with price now recovering toward EMA20. The bid reflects a firm USD retaking safe-haven demand while CAD stays soft despite higher oil. RSI(14) is cycling mid-range near 53, consistent with balanced two-way trade inside this week's 1.4203–1.4238 band.

Support: 1.4203, 1.41862, 1.41498

Resistance: 1.42383, 1.4228

What it said to watch

  • H1 close above 1.42383 opens the path to the mid-1.4200s cycle high
  • Failure to hold 1.42030 exposes the 1.41862 weekly open
  • Ivey PMI today and FOMC Minutes Wed 18:00 UTC could reset this range
  • Canada jobs Fri 12:30 UTC is the week's key CAD catalyst

04:02 UTC

Uptrend, momentum flattening · RSI 55 · price 1.42171

Recovery, consolidating below week high.

USDCAD rebuilt above the 1.42 pivot after Thursday's NFP-driven spill toward 1.4150, with a firm USD on the Hormuz safe-haven bid keeping CAD soft despite higher oil. Resistance at 1.4238 capped the NY push earlier this week and price is now grinding sideways above EMA(20). RSI(14) sits mid-range near 55, reflecting the flattening momentum into the consolidation.

Support: 1.4203, 1.4200, 1.41498

Resistance: 1.42383, 1.42286

What it said to watch

  • Hourly close above 1.4238 opens the path back toward the mid-1.4200s cycle high
  • Loss of the 1.42 pivot exposes the 1.4150 area and the 1.41498 week low
  • Canada jobs Fri 12:30 UTC and FOMC minutes Wed 18:00 UTC could reset this range

03:02 UTC

Recovery stalling below week high · RSI 48 · price 1.42148

Consolidation under 1.4238 after higher lows off the 1.415 dip.

USDCAD grinding above the 1.42 pivot with USD firm on the safe-haven bid, recovering from the mid-week flush toward 1.415 to print a fresh week high at 1.42383 before fading. Price is now oscillating around EMA20 as RSI cools back toward 48 from the push higher, keeping the pair inside a tight consolidation. The 1.42280–1.42383 band capped the last advance and remains the topside area to monitor.

Support: 1.4203, 1.41862, 1.41498

Resistance: 1.4228, 1.42383

What it said to watch

  • Sustained H1 close below 1.4204 swing low opens the path toward the 1.41862 wk open
  • Break and hold above 1.42383 week high resumes the advance
  • Ivey PMI today 14:00 UTC and FOMC Minutes Wed 18:00 UTC could shift this read

03:02 UTC

Uptrend paused, consolidating · RSI 50 · price 1.42148

Recovered off week low, range near highs.

USDCAD recovered from Tuesday's spike to 1.4150 and has spent the week rebuilding toward the 1.4238 cycle high, in line with a firm USD holding above DXY 101.00 on the safe-haven bid. Price now sits back around EMA20 after rejection at 1.4238, with RSI(14) cooling toward the midline. The upper-range structure above 1.4200 remains intact for now.

Support: 1.4203, 1.4150

Resistance: 1.42383, 1.4229

What it said to watch

  • Hourly close above 1.42383 extends the week's up-move
  • Loss of 1.42030 opens the path back toward the 1.4150 week low
  • FOMC Minutes Wed 18:00 UTC and Canada jobs Fri could materially shift this read

02:02 UTC

Uptrend stalling near range top · RSI 49 · price 1.42097

Range below YTD-high band, higher lows intact.

USDCAD spent the week grinding higher into the mid-1.4200s YTD-high band on a firm USD, but the 1.42383 test drew a rejection and price has drifted back to 1.4210, slipping under the H1 EMA(20). Structure remains a range between the mid-1.41s floor and the week high, with RSI(14) cooling back to the midline after the push. The rising sequence of higher lows off the 1.4159 base is still intact for now.

Support: 1.4203, 1.4159, 1.4150

Resistance: 1.42383, 1.4230

What it said to watch

  • Hourly close above 1.42383 opens continuation past the YTD-high band
  • Loss of 1.42030 threatens the higher-low structure toward the mid-1.41s
  • Canada jobs Fri 12:30 UTC and FOMC minutes Wed 18:00 UTC could reset this range read

02:02 UTC

Range near week high, momentum flat · RSI 46 · price 1.42097

Recovered off Monday gap, capped below week high.

USDCAD gapped lower to the week open near 1.4186 on Monday then rebuilt through the NY session, tagging a fresh week high at 1.42383 before stalling. Price has since faded back to 1.4210 with RSI(14) sliding into the mid-40s, sitting below EMA20 but holding the 1.4200 pivot. A firm USD and USMCA trade uncertainty keep the pair pinned near YTD highs while it consolidates ahead of Wednesday's FOMC minutes.

Support: 1.4200, 1.41862, 1.4150

Resistance: 1.42383, 1.4230

What it said to watch

  • H1 close above 1.42383 reopens the week-high extension
  • Loss of the 1.4200 pivot exposes the 1.4186 week open
  • FOMC minutes Wed 18:00 UTC is the key catalyst for this read
  • Canada jobs Fri 12:30 UTC could shift the CAD leg

01:03 UTC

Uptrend, consolidating near highs · RSI 49 · price 1.42132

Range beneath week high after pullback.

USDCAD ground higher through the week to a 1.4238 session high before rolling back into the low 1.4200s, where price now sits fractionally below EMA20 but above EMA50. The soft CAD undertone from CUSMA trade risk and weak oil, plus a broadly bid USD, keeps the pair pinned near 15-month highs. RSI(14) has cooled to the mid-40s as the intraday impulse faded, leaving a tight consolidation between 1.4203 and 1.4238.

Support: 1.4203, 1.41862

Resistance: 1.42383, 1.4248

What it said to watch

  • H1 close above 1.4238 opens the path to the 1.4248 15-month high
  • Failure to hold 1.4203 exposes the 1.4186 week open
  • FOMC Minutes Wed 18:00 UTC and Canada Ivey PMI today could shift this read

01:03 UTC

Uptrend, consolidating near highs · RSI 49 · price 1.42132

Higher lows into range below week high.

USDCAD is consolidating around 1.4213 after recovering from Monday's spike low at 1.41498, a knee-jerk to the soft US NFP miss that was quickly faded on CAD weakness. Price pushed to a week high of 1.42383 during yesterday's NY session before pulling back into a tight range, with RSI(14) cycling mid-range and price hugging EMA(20). The broader structure holds a series of higher lows and sits just below the 1.4248 15-month high.

Support: 1.4200, 1.41592, 1.41498

Resistance: 1.42383, 1.4248

What it said to watch

  • H1 close above 1.42383 opens the path to the 1.4248 15-month high
  • Loss of 1.4200 round level and the rising support puts 1.41592 back in play
  • FOMC minutes Wed 18:00 UTC and Ivey PMI today could shift this read

00:02 UTC

Recovery stalling below week high · RSI 47 · price 1.42093

Consolidation mid-range, near-term lower highs after 1.4238.

USD/CAD sold off sharply to 1.4150 mid-window on the US payrolls miss before basing and grinding back up through the NY session to a week high of 1.4238. Price has since eased back below EMA(20) to 1.4209 with RSI(14) cycling around the mid-40s, keeping the pair mid-range. Supply capped the advance at 1.4238, just shy of the 1.4248 15-month high.

Support: 1.4203, 1.41862, 1.4150

Resistance: 1.4216, 1.42383, 1.4248

What it said to watch

  • Close above 1.42383 week high opens the path to the 1.4248 15-mo high
  • Failure to hold 1.4203 recent low reopens the 1.4150 week low
  • FOMC minutes Wed and Canada jobs Fri could materially shift this read
  • Ivey PMI later today a nearer-term CAD input

00:02 UTC

Recovery off weekly lows, momentum fading · RSI 47 · price 1.42093

Pullback after rejection at week high.

USDCAD rallied from Monday's 1.4150 dip up to 1.42383 into the NY session yesterday before sellers capped the move, and price has since slipped back under EMA(20) to 1.4209. The pair remains near 15-month highs with a firm USD backdrop and soft CAD undertone from USMCA and dovish BoC risk, but RSI has cooled toward neutral as the week-high push stalled. Holding above the 1.4203 day low keeps the recovery structure intact.

Support: 1.4203, 1.41862, 1.41498

Resistance: 1.42175, 1.42286, 1.42383

What it said to watch

  • H1 close back above 1.42175 EMA(20) reasserts the recovery leg
  • Loss of 1.42030 day low opens the path toward the 1.41862 weekly open
  • FOMC minutes Wed 18:00 UTC could materially shift this read

All markets that day · Today’s USD/CAD Live Scan in the terminal