USD/CAD AI Live Scan, 1-hour chart, Friday, 7 August 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.
20:02 UTC
Downtrend, consolidating at lows · RSI 37 · price 1.39413
Range break lower, basing near week low.
USDCAD collapsed from the 1.4010 area to 1.3925 in the NY session as the dual jobs shock hit — a heavy US NFP miss (-23K) alongside a blowout Canadian print (+75.1K) drove the pair through the week's 1.4000 floor. Price has since stalled into a tight range around 1.3940, with a string of lower highs capping recovery attempts below 1.3958. RSI(14) sits pinned in the mid-30s after the impulse, reflecting how one-sided Friday's move was.
Support: 1.39254, 1.3932
Resistance: 1.3958, 1.3980, 1.4000
What it said to watch
Sustained trade below 1.3970/80 keeps the CAD-supportive break intact toward the 1.3930 area
H1 close back above 1.3958 would challenge the breakdown structure
Loss of 1.39254 confirms a fresh lower low
Oil/Hormuz headlines remain the near-term CAD driver absent domestic data
20:01 UTC
Downtrend, consolidating at lows · RSI 39 · price 1.39413
Sharp drop then tight range.
USDCAD collapsed roughly 70 pips into the NY session Friday as the US NFP shock (-23K vs +80K) and Canada's blowout jobs beat (+75K) hit together, driving spot from the 1.4010 floor to a 1.3925 session low. Price has since coiled in a tight 1.3930-1.3958 range, holding well below EMA20 and EMA50 with RSI depressed near 38. The prior 1.4010 shelf now caps as resistance while 1.3970/80 sits as the flagged CAD-bullish break level.
Support: 1.39254, 1.3900
Resistance: 1.3958, 1.3975, 1.4010
What it said to watch
Sustained trade below 1.3970/80 keeps the 1.3930 fair-value area in play
H1 close back above 1.3980 would negate the break lower
Loss of 1.39254 session low opens the 1.3900 psych level
US CPI on Aug 12 is the dominant catalyst and could reshape this read
Range break to new weekly low, consolidating at lows.
USDCAD collapsed out of the multi-day 1.400–1.408 range during the NY session on the twin jobs shock — a sharp US payrolls miss (-23K) alongside a strong Canada jobs beat (+75.1K) — printing a fresh weekly low at 1.3925. Price has since flatlined just above that low, well below EMA(20) and EMA(50), with RSI(14) pressed into oversold. No bullish divergence yet as the market digests the repricing.
Support: 1.39254, 1.3932
Resistance: 1.3958, 1.4010, 1.40212
What it said to watch
Hold below 1.3925 confirms continuation of the breakdown
H1 close back above 1.4010 would negate the range break
US CPI (Aug 12) is the decisive catalyst and can reprice this move sharply
USDCAD held a tight 1.4010-1.4080 band all week before a violent NY-session breakdown, dropping ~70 pips through 1.40 on the dual jobs shock — a soft US payrolls print (-23K) and a strong Canada beat (+75.1K). Price now consolidates in a narrow 1.3930-1.3950 range with RSI(14) depressed near 33 and price well below both EMA20 and EMA50. The 1.3950 area has capped the recovery bounce twice since the drop.
Support: 1.39254, 1.3900
Resistance: 1.39494, 1.4000, 1.40212
What it said to watch
H1 close back above 1.39494 would ease the breakdown read
Failure to hold the 1.39254 session low confirms a lower-low
US CPI Wed Aug 12 is the decisive catalyst after NFP
18:02 UTC
Downtrend after range break · RSI 31 · price 1.3938
Broke weekly range, basing near lows.
Price coiled inside a 1.4000–1.4080 range all week, then broke sharply lower on today's dual jobs prints — a US NFP miss (-23K) alongside a strong Canadian beat (+75.1K), both USD/CAD-negative. The pair now consolidates near the 1.3925–1.3940 lows, holding well below EMA20 and EMA50 with RSI(14) depressed around 31. The post-drop rebound has stalled at successively lower highs into 1.3958.
Support: 1.39254, 1.3900
Resistance: 1.3958, 1.4011
What it said to watch
Reclaim of 1.3958 then 1.4011 would neutralise the breakdown
H1 close below 1.3925 confirms a fresh lower low
US CPI (Aug 12) is the next major catalyst and could reset this read
18:02 UTC
Downtrend, consolidating at lows · RSI 34 · price 1.3938
Sharp breakdown, basing above swing low.
USDCAD spent the week pinned in a tight 1.4010–1.4080 range before collapsing through 1.40 into the NY session on the dual jobs reports — a US NFP miss (-23K) against a blowout Canada beat (+75.1K) drove a ~70-pip breakdown. Price has since based between 1.3925 and 1.3958, holding below EMA(20) and EMA(50) with RSI(14) stretched near 33. The 1.3958 bounce high has capped the recovery, keeping the lower-high sequence intact.
Support: 1.39254, 1.3900
Resistance: 1.3958, 1.4000, 1.40287
What it said to watch
Reclaim above 1.3958 needed to challenge the 1.40 prior-support zone
Failure to hold 1.39254 confirms a fresh lower low
US CPI on Aug 12 is the next high-impact catalyst for this read
USDCAD chopped 1.4010-1.4080 all week before collapsing through the 1.40 floor on today's dual jobs releases — a soft US NFP (-23K) alongside a Canada beat (+75.1K) knocked the pair ~70 pips in a single NY-session hour. Price is now pinned near 1.3936, well below EMA(20) and EMA(50), with RSI(14) stretched near 31. Bounces have been capped by descending lower-highs at 1.3958 and 1.3947 since the break.
Support: 1.39254, 1.3900
Resistance: 1.39494, 1.4000, 1.40287
What it said to watch
H1 close back above 1.40000 would neutralise the range-break read
Failure to hold 1.39254 confirms continuation to the 1.3900 psych area
US CPI Fri Aug 12 could materially shift the post-NFP dollar read
USDCAD spent the week chopping the 1.4000-1.4090 band before a violent one-hour break lower on the simultaneous jobs releases — a strong Canada employment beat and a soft US NFP miss both pressed the pair, dropping it ~70 pips through the range floor. Price has since based between the 1.39254 swing low and a series of lower highs into 1.39580, holding well below EMA20/EMA50. RSI(14) is deeply oversold near 22 after the impulse.
Support: 1.39254, 1.3900
Resistance: 1.3958, 1.4011
What it said to watch
H1 close back above 1.39580 session high would ease the breakdown pressure
Failure to hold 1.39254 swing low opens the 1.3900 psych zone
US CPI on Aug 12 is the decisive test for whether the post-NFP USD softness sticks
USDCAD spent most of the week pinned in a 1.3970-1.4090 range before a decisive break lower on today's twin jobs reports — a US NFP miss (-23K) stacked against a Canadian jobs beat (+75.1K) drove a single-bar collapse through 1.3958 into the NY session. Price now sits below both EMAs with RSI(14) pressed toward oversold, and the fresh session low at 1.39254 marks the extension of the move.
Support: 1.39254, 1.3900
Resistance: 1.3958, 1.4000, 1.4020
What it said to watch
Reclaim of the 1.3958 breakdown zone would neutralise the downside break
USDCAD spent most of the week hemmed in a 1.3970–1.4080 band before a vertical breakdown on the concurrent jobs data — a US payrolls miss (-23K) and a blockbuster Canadian jobs beat (+75.1K) both pushed the pair lower, snapping the 1.40 floor. Price now trades at fresh week lows near 1.3935, below EMA20 and EMA50, with RSI(14) pressed into oversold. The prior 1.4000 range floor now sits as overhead resistance.
Support: 1.39254, 1.3900
Resistance: 1.3958, 1.4000, 1.40798
What it said to watch
H1 close back above 1.4000 prior floor would negate the breakdown
Failure to hold 1.3925 week low opens further downside
US CPI Wed 12:30 GMT could materially reset this read
The pair spent most of the week pinned in a 1.3970–1.4090 band before a violent NY-session leg lower, as the twin jobs shock (US NFP miss at -23K and Canada's +75.1K beat) drove USDCAD through the 1.3980 pivot and the 1.4010 breakdown shelf in a single hour. Price is now hugging its 1.3932 session low with RSI(14) pressed into oversold and price well below EMA(20) and EMA(50). The 1.3980 pivot, previously support, now caps the structure as the nearest overhead reference.
Support: 1.3932, 1.3920
Resistance: 1.3980, 1.4010
What it said to watch
H1 close back above 1.3980 pivot negates the downside break
Failure to hold 1.3932 session low opens toward the 1.3920 psych area
US CPI on Tue Aug 12 is the next decisive catalyst for this read
USDCAD spent the week boxed in a 1.3970–1.4090 band before the concurrent US jobs miss (-23K vs +80K) and blockbuster Canadian jobs beat (+75.1K) drove a sharp one-bar drop through the range floor during NY hours. Price sliced ~70 pips to 1.3932 and is now pinned near the session low with RSI(14) deep in oversold territory. Both EMAs sit well above, with the prior 1.4029 floor now capping any recovery.
Support: 1.3932, 1.3900
Resistance: 1.3958, 1.4011, 1.4029
What it said to watch
Failure to hold 1.3932 extends the breakdown toward 1.3900
Reclaim of 1.3958 would signal the initial break is being faded
A move back above 1.4011 negates the range break
US CPI Tue Aug 12 is the next decisive catalyst for this read
USDCAD chopped inside a 1.3970-1.4090 band all week before the twin jobs shock — a -23K US NFP miss against a +75K Canada beat — drove a vertical drop through 1.3970 into the NY session. Price is now pinned near 1.3946 after tagging 1.3942, with RSI(14) stretched into oversold and price extended well below both EMAs. The 1.3970/80 shelf that capped downside all week has flipped to resistance overhead.
Support: 1.3942, 1.3930
Resistance: 1.3975, 1.4000, 1.4021
What it said to watch
H1 close below 1.3930 opens the path toward fair value extension
Reclaim of 1.3970 would put the break back inside the prior range
US CPI Tue Aug 12 12:30 GMT could materially reset this read
USDCAD spent the week pinned in a 1.3970-1.4080 range on oil-driven chop, then broke hard through 1.4000 during the NY session as the dual jobs shock — a soft US NFP (-23K) and a blowout Canada print (+75K) — hit simultaneously. Price sliced ~70 pips into a 1.3942 session low, closing well below EMA20 and EMA50 with RSI(14) pressed into oversold territory. The 1.4012 pre-drop consolidation and 1.4036 weekly open now sit as overhead structure.
Support: 1.3942, 1.3930, 1.3900
Resistance: 1.4000, 1.4012, 1.4036
What it said to watch
US CPI on Aug 12 is the decisive input and could materially shift this read
An H1 close back above 1.4000 psych would negate the breakdown
Failure to hold 1.3942 opens the path toward fair value near 1.3930
13:02 UTC
Range broken to the downside, momentum sharply bearish · RSI 22 · price 1.39462
Range break below 1.4000, fresh session low.
USDCAD ranged 1.4000-1.4080 from Monday's open through Thursday before a sharp break lower on the jobs double-header — US NFP alongside Canada employment at 12:30 UTC — dropping roughly 70 pips through the 1.4000 round number to a 1.39426 session low. Price now sits well below EMA(20) and EMA(50) with RSI(14) driven into oversold territory on the impulse. The 1.3970/80 pivot flagged earlier this week gave way cleanly, opening the path toward the 1.3930 fair-value area.
Support: 1.39426, 1.3930
Resistance: 1.4000, 1.4010, 1.40287
What it said to watch
H1 reclaim of 1.4000 would invalidate the breakdown read
Ivey PMI at 14:00 UTC could extend or fade the jobs-driven move
Failure to hold 1.39426 confirms continuation toward 1.3930
13:02 UTC
Downside break after week-long range · RSI 27 · price 1.39462
Range floor broken, fresh weekly low.
USDCAD spent the week boxed between the 1.4000 floor and the 1.4080 weekly high before breaking sharply lower into the NY jobs double-header (US NFP + Canada employment), slicing 70 pips in a single bar to a fresh weekly low at 1.3943. Price now trades well below both EMA(20) and EMA(50) with RSI(14) pushed into oversold. The broken 1.4000 floor now sits overhead as resistance, with 1.3930 the next reference below.
Support: 1.3943, 1.3930
Resistance: 1.4000, 1.4080
What it said to watch
H1 reclaim of 1.4000 would negate the downside range break
1.3930 area — zone to monitor for reaction or continuation
Ivey PMI at 14:00 UTC could extend post-jobs volatility
12:02 UTC
Pullback from weekly high, now ranging · RSI 46 · price 1.40109
Lower highs off 1.4080, basing above 1.4000.
USDCAD rolled over from the 1.4080 weekly high mid-week as safe-haven USD demand faded, sliding to a 1.3990/1.3992 double base before recovering roughly half the drop. Price has since coiled in a 1.4000–1.4024 band, sitting just under EMA20 with RSI(14) mid-range near 46. The simultaneous US NFP and Canada jobs double-header at 12:30 UTC is the immediate driver into the next hour.
Support: 1.4000, 1.3992
Resistance: 1.4017, 1.4024, 1.4080
What it said to watch
US NFP + Canada jobs at 12:30 UTC (~30 min) can materially shift this read
H1 close below 1.3990 confirms a lower low and breaks the base
Reclaim of 1.4024 and EMA20 opens the path back toward the 1.4080 weekly high
USDCAD has chopped between the 1.3970/90 floor and the 1.4080 week high since Monday's open, with the pair now grinding around 1.4010 just below EMA(20) and EMA(50). Wednesday's NY session drove the sharp leg down from 1.4076 to 1.3990, and price has since consolidated in the lower half of that range as traders square up ahead of the dual jobs double-header. RSI(14) sits mid-40s, reflecting the sideways-to-soft tone.
Support: 1.4000, 1.3990, 1.3970
Resistance: 1.4037, 1.4080
What it said to watch
US NFP and Canada jobs at 12:30 UTC (~30 min) could materially shift this read
H1 close below 1.3990 confirms a lower low and reopens 1.3970
Reclaim of 1.4037 puts the 1.4080 week high back in play
USDCAD pushed to a 1.4080 weekly high on Tuesday's session before rolling over to a 1.3990 week low, and has since chopped sideways around 1.40 as traders square up into the dual US NFP / Canada jobs print. Price is coiling between 1.3990 and the 1.4037 day high with RSI flat near midline; a run of higher lows has built off the week low. The pair sits above EMA(20) but capped under EMA(50), consistent with a balanced 1.40 fair-value read.
Support: 1.3990, 1.4000, 1.3970
Resistance: 1.4037, 1.4080
What it said to watch
Simultaneous US NFP and Canada jobs at 12:30 UTC (~1.5h) could materially shift this read
Close above 1.4037 opens the path back toward the 1.4080 week high
Failure to hold 1.3990 confirms a lower low and opens 1.3970
11:01 UTC
Range-bound after mid-week selloff · RSI 51 · price 1.40196
Recovery off weekly low, capped mid-range.
USDCAD sold off from Wednesday's 1.4080 weekly high to 1.3990 as risk-off USD flows met oil-supported CAD, then retraced roughly a third of that move and has coiled around 1.4020 into the NY session. Price is pinned to EMA(20) while sitting below EMA(50), with RSI(14) back at neutral after basing near the lows. The 1.4037 area has capped the bounce; the weekly low at 1.3990 held on the first test.
Support: 1.4008, 1.39916
Resistance: 1.40374, 1.40798
What it said to watch
Simultaneous US NFP and Canada jobs at 12:30 UTC could materially shift this range read
H1 close above 1.4037 opens the path back toward the 1.4080 weekly high
Failure to hold 1.3990 confirms a lower-low and reopens downside
10:02 UTC
Range after mid-week selloff · RSI 50 · price 1.40178
Consolidation above week low, below EMA50.
USD/CAD sold off from Tuesday's 1.40798 week high down to 1.39916 on Wednesday as CAD found footing near fair value, then carved a rounded recovery back toward 1.4020. Since then the pair has ground sideways in a tight range between the 1.40082 range low and the 1.40287 day high, holding below EMA50 with RSI hovering near 50. Price is coiling into the simultaneous US NFP and Canada jobs prints at 12:30 UTC.
Support: 1.40082, 1.39916, 1.4000
Resistance: 1.40287, 1.40374, 1.40798
What it said to watch
US NFP and Canada jobs at 12:30 UTC will drive the next leg and can override this range read
H1 close above 1.40287 day high reopens the path to the 1.40374 swing high
Loss of the 1.40082 range low exposes the 1.40000 round number and 1.39916 week low
10:02 UTC
Downtrend faded, now ranging · RSI 47 · price 1.40178
Consolidation above week low.
USDCAD has consolidated between 1.4010 and 1.4037 since bouncing off the 1.3990 week low, drifting back under EMA(20) after the recovery stalled. The week's dominant move was the slide from the 1.4080 weekly high, and RSI now sits mid-range with no clear momentum. Dual US NFP and Canada jobs at 12:30 UTC are the immediate catalysts and can break this range in either direction.
Support: 1.4010, 1.3990
Resistance: 1.4037, 1.4080
What it said to watch
Simultaneous US NFP and Canada jobs at 12:30 UTC can break the range
H1 close above 1.4037 opens path toward the 1.4080 weekly high
Failure to hold 1.4010 exposes the 1.3990 week low
Mid-range after Thursday flush and partial recovery.
USDCAD topped at 1.4080 midweek before a sharp Thursday leg down to 1.3990, then clawed back to grind around 1.4020 as USD found a safe-haven bid on Hormuz/oil headlines. Price sits just above EMA20 but capped under EMA50 near 1.4035, with RSI(14) flat around 50 — a coiled, mid-range read into today's dual US NFP and Canada jobs print. The 1.3970/1.4080 band has framed the whole week.
Support: 1.3990, 1.3970
Resistance: 1.4035, 1.4080
What it said to watch
Simultaneous US NFP + Canada jobs at 12:30 UTC (~4h) can materially shift this read
H1 close above 1.4080 opens the weekly-high break
Failure to hold 1.3970 confirms a lower low below the range floor
Tight consolidation below 1.4030 after basing at 1.3990.
USDCAD sold off from Wednesday's 1.4080 weekly high to a 1.3916 low, then clawed back above 1.4000 as the USD found a safe-haven bid tied to Hormuz/oil headlines. Since yesterday's NY session the pair has coiled into a tight 1.3990–1.4030 band, riding the EMA(20) with RSI cycling around the mid-50s. Price is parked near the 38.2% retracement of the down leg into the simultaneous US NFP and Canada jobs double-header.
Support: 1.4000, 1.3990, 1.3916
Resistance: 1.4030, 1.4080
What it said to watch
US NFP + Canada jobs at 12:30 UTC (~3-4h) will define the next leg and likely dominates this read
H1 close above 1.4030 reopens the path toward 1.4080 weekly high
USDCAD has chopped between the 1.3970/90 base and the 1.4080 weekly high all week, with the mid-week ADP miss driving the leg down to 1.3990 before a grind back to 1.4024. Price sits just above EMA(20) with RSI(14) recovering to the mid-50s, but rallies have stalled short of 1.4037. The pair is coiling into the simultaneous US NFP and Canada jobs prints at 12:30 UTC.
Support: 1.4000, 1.3990, 1.3970
Resistance: 1.4037, 1.4080
What it said to watch
Simultaneous US NFP + Canada jobs at 12:30 UTC could materially shift this read
H1 close above 1.4080 would be a range break higher
Failure to hold 1.3970 confirms a lower low out of the range base
USDCAD topped near the 1.4080 week high mid-window before a two-session slide dumped it to the 1.3990 week low, since recovered to grind around 1.4020 fair value. Price holds just above EMA20 but under EMA50 with RSI cycling back to the mid-50s off the lows, a rounded base forming on the recovery. The pair is squaring into simultaneous US NFP and Canada jobs at 12:30 UTC, the dominant driver for the next leg.
Support: 1.4000, 1.3990, 1.3970
Resistance: 1.4041, 1.4080
What it said to watch
Dual US NFP / Canada jobs at 12:30 UTC will set the next directional leg
H1 close back above 1.4041 weekly open reopens the 1.4080 week high
USDCAD rolled over from Wednesday's 1.4080 week high into the 1.3990 swing low, then clawed back to 1.4023 as the USD found renewed safe-haven bid on Hormuz headlines. Price is grinding just above EMA20 but capped under EMA50, with RSI(14) mid-range and no clear directional pressure as traders square into the dual jobs prints. The 1.3990–1.4037 band is containing this-week's late price action.
Support: 1.3990, 1.4008
Resistance: 1.4037, 1.4080
What it said to watch
US NFP and Canada jobs at 12:30 UTC could materially shift this read
H1 close above 1.4037 opens the path back toward the 1.4080 week high
Loss of 1.3990 confirms a lower-low and reopens downside
07:02 UTC
Leg lower, now consolidating · RSI 53 · price 1.40235
1.3990 swing low, corrective bounce into range.
USDCAD sold off from the mid-week high near 1.4080 into a 1.3990 swing low during the NY session, with the USD's broad bid keeping pressure two-way as oil-supported CAD stabilised. Price has since recovered to 1.4020 and is coiling on a series of higher lows, sitting back above EMA(20) but capped under EMA(50). RSI(14) has cycled back to the mid-50s from oversold as the pair squares up ahead of the dual jobs print.
Support: 1.3999, 1.3970
Resistance: 1.40374, 1.4080
What it said to watch
Simultaneous US NFP and Canada jobs at 12:30 UTC could materially shift this read
H1 close below 1.3990 confirms a lower low toward the 1.3970 range floor
Reclaim above 1.4080 reopens the week high / triangle top
USDCAD spent the week boxed between the 1.3990 week low and the 1.4080 week high, sliding to 1.3990 during Wednesday's NY session before basing and drifting back above the 1.4000 psych pivot. Price now sits near 1.4024, holding the EMA20 with RSI cycling back to the mid-50s after the recovery. The 1.4000 pivot is the fulcrum into today's simultaneous US NFP and Canada jobs double-header.
Support: 1.4000, 1.3990, 1.4017
Resistance: 1.4037, 1.4080
What it said to watch
US NFP and Canada jobs both at 12:30 UTC could materially shift this read
Sustained break below 1.3990 confirms a lower-low out of the range
Consolidation above 1.4000 after mid-week selloff.
USDCAD sold off from Tuesday's NY session peak at 1.40798 down to 1.39902 before stabilising and grinding back to the 1.402 area, holding above EMA(20). Price is coiling just under the 1.40307 recent high as it sits on the 38.2% retracement of that down move, with the 1.4000 psych pivot underpinning. The pair is pinned into the simultaneous US NFP and Canada jobs prints at 12:30 UTC.
Support: 1.4000, 1.3990
Resistance: 1.40307, 1.40798
What it said to watch
NFP + Canada jobs at 12:30 UTC could break this coil either side
H1 close below 1.4000 exposes the 1.3990 week low
Close above 1.40307 opens the path back toward the 1.40798 week high
05:03 UTC
Range near lows, momentum flat · RSI 50 · price 1.40188
Coiling above 1.4000 after down-leg from weekly high.
USDCAD sold off from Tuesday's 1.4080 double top to a 1.3990 swing low, then based and recovered back toward the 1.4000 psych pivot where it has coiled through the Asia session. RSI(14) sits near neutral around 50 with price hugging EMA(20); the prior high at 1.4037 caps the bounce while the 1.4080 weekly high stands above. The pair is compressed into today's US NFP and Canada jobs double-header.
Support: 1.4000, 1.3990
Resistance: 1.4037, 1.4080
What it said to watch
H1 close above 1.4037 opens the path back toward the 1.4080 weekly high
Loss of 1.3990 swing low confirms a lower low
US NFP and Canada jobs at 12:30 UTC could materially shift this read
USDCAD rallied to the 1.4080 weekly high through Wednesday's NY session before fading Thursday, sliding to 1.3990 as the pair oscillated within this week's 1.3970-1.4090 range. Price has since stabilised, coiling around the 1.4000 pivot with twin lows near 1.3990 holding and RSI recovering back toward the mid-50s. The US NFP and Canada jobs double-header at 12:30 UTC is the dominant risk into the next session.
Support: 1.4000, 1.3990, 1.3975
Resistance: 1.4030, 1.4080
What it said to watch
US NFP + Canada jobs at 12:30 UTC could materially shift this read
H1 close below 1.3990 confirms a lower low toward the 1.3970 pivot
Reclaim of 1.4030 reopens the path to the 1.4080 weekly high
04:02 UTC
Range-bound, mid-range · RSI 53 · price 1.40179
Week-long 1.3970-1.4090 range, coiling.
USD/CAD has oscillated in a 1.3970-1.4090 range all week; a mid-week slide from the 1.4080 area bottomed at 1.3991 before demand stepped back in toward 1.4020. Price now sits just above EMA(20) but under EMA(50), with RSI(14) back near neutral. The pair is coiled around the 1.4000 pivot into the dual US NFP / Canada jobs release.
Support: 1.4000, 1.3990, 1.3970
Resistance: 1.4037, 1.4079
What it said to watch
US NFP + Canada jobs at 12:30 UTC could materially shift this read
Sustained break below 1.3970 confirms a lower low out of the range
H1 close above 1.4037 reopens the path to the 1.4079 weekly high
USDCAD topped near the 1.4080 weekly high mid-week and rolled over into Thursday's NY session, sliding to a 1.3990 low before basing. Price is now coiled in a tight 1.4000-1.4020 band, back above EMA(20) but capped under EMA(50) and the descending lower-high line. The dual US NFP and Canada jobs release at 12:30 UTC is the dominant risk into this range.
Support: 1.4000, 1.3990
Resistance: 1.4037, 1.4080
What it said to watch
H1 close above 1.4037 reopens the path toward the 1.4080 week high
Failure to hold 1.4000/1.3990 confirms a lower low
US NFP + Canada jobs at 12:30 UTC could materially shift this read
03:02 UTC
Downtrend from Tue high, now basing · RSI 51 · price 1.40201
Pullback off weekly high, tight consolidation.
USDCAD sold off from Tuesday's 1.4080 weekly high through the Wednesday NY session, bottoming at 1.3990 before basing into a tight 1.3990-1.4024 range. Price now sits just above the EMA(20) with RSI(14) recovered to the low-50s; the prior-day high at 1.4024 has capped the bounce. Simultaneous US NFP and Canada jobs at 12:30 UTC is the dominant catalyst into the next session.
Support: 1.4000, 1.39902, 1.3975
Resistance: 1.4024, 1.40374, 1.40798
What it said to watch
US NFP + Canada jobs at 12:30 UTC could materially shift this read
H1 close above 1.4024 opens the path back toward 1.4080 week high
Failure to hold 1.3990 confirms a lower-low toward the 1.3975 pivot
03:02 UTC
Range after down-leg, base building · RSI 53 · price 1.40201
Consolidation near 1.40 fair value.
USDCAD sold off from Wednesday's 1.4079 week high to a 1.3990 week low, then based back toward the 1.40 fair-value area where the digest flags the pair pinned into today's twin jobs prints. Price is chopping just above EMA(20) but below EMA(50), with RSI(14) recovering to the mid-50s from oversold. The 1.4024 day high has capped the bounce while 1.3990 has held as the session floor.
Support: 1.3990, 1.3975
Resistance: 1.4024, 1.4033, 1.4079
What it said to watch
US NFP and Canada jobs both at 12:30 UTC could materially shift this read
H1 close below 1.3975 pivot confirms a lower-low and reopens the down-leg
H1 close above 1.4033 weekly open shifts focus back to the 1.4079 week high
USDCAD rolled over from mid-week highs at 1.4080 and dropped to 1.3990 before basing around 1.4010 into the Asia session. Price is chopping either side of EMA(20) with RSI(14) hugging the 50 line, while EMA(50) overhead near 1.4035 caps the recovery. Low-conviction drift ahead of the twin US NFP and Canada jobs prints keeps the pair pinned near its ~1.40 fair value.
Support: 1.3990, 1.3975
Resistance: 1.4037, 1.4080
What it said to watch
US NFP + Canada jobs at 12:30 UTC (~11h) is the pivot for this read
Loss of 1.3990 opens the 1.3975 break level cited by desks
H1 close above 1.4037 challenges the week's lower-high structure
USDCAD slid from the weekly high near 1.4080 through Thursday's NY session, bottoming twice around the 1.3990 weekly low before a shallow recovery capped at 1.4031. Price is now coiling near 1.4014, hugging EMA20 and holding under EMA50 with RSI back at neutral, in line with the low-conviction chop flagged ahead of jobs data. The pair sits right on the ~1.40 fair-value pivot.
Support: 1.3990, 1.3975
Resistance: 1.4031, 1.4080
What it said to watch
Twin Canada jobs + US NFP at 12:30 UTC (~11h) is the pivot for this read
H1 close below the 1.3990 weekly low confirms a lower low toward the 1.3975 scotia break
Reclaim of the 1.4031 recovery high reopens the path to the 1.4080 weekly high
01:02 UTC
Downtrend from midweek peak, now flat · RSI 51 · price 1.40173
Consolidating near week lows.
USDCAD peaked near 1.4080 during Wednesday's NY session then rolled over, printing a low at 1.3990 into Thursday as rebounding crude and fading Fed-hike bets pressured the dollar. Since then price has coiled in a tight 1.3990-1.4020 band, sitting just above EMA20 but capped below EMA50 near 1.4030. Low-conviction chop ahead of the twin US/Canada jobs reports.
Support: 1.39916, 1.3980
Resistance: 1.40374, 1.4076
What it said to watch
Twin US NFP and Canada jobs at 12:30 UTC is the pivot for this read
Break below 1.3970 confirms extension of the week decline
H1 close above 1.4037 prior high reopens the 1.4080 week high
USDCAD topped at the 1.4080 week high in Wednesday's session before a two-day slide to 1.3990 on rebounding crude and fading Fed-hike bets; price has since consolidated in a tight 1.4010–1.4020 band. It sits just above EMA20 with RSI(14) back near 50 after the sell-off, but remains capped below EMA50. Low-conviction chop ahead of the twin US NFP and Canada jobs releases.
Support: 1.3990, 1.3980
Resistance: 1.4032, 1.4080
What it said to watch
H1 close below 1.3980 confirms the downside break flagged into the twin jobs data
Reclaim of 1.4032 weekly open opens the path back toward the 1.4080 week high
US NFP + Canada jobs at 12:30 UTC could materially shift this read
00:02 UTC
Range-bound, no clear trend · RSI 48 · price 1.40143
1.4000-1.4080 weekly range, mid-lower.
USDCAD has chopped inside a 1.4000-1.4080 range all week as a softer USD tone and rebounding crude offset lagging CAD momentum. Price swept below the 1.4000 psych mark to the 1.3990 week low during the NY session before recovering back into range; RSI(14) sits mid-scale near 48. The 1.40374 prior high capped the last bounce, keeping the range top near 1.4080 untested.
Support: 1.4000, 1.3990
Resistance: 1.40374, 1.4080
What it said to watch
H1 close below 1.4000 reopens the 1.3990 week low
Reclaim of 1.40374 prior high needed to challenge 1.4080 range top
Canada jobs and US NFP at 12:30 UTC could break this range
00:02 UTC
Downtrend from midweek high, stalling near 1.4000 · RSI 47 · price 1.40143
Range 1.4000-1.4080, price in lower half.
USDCAD slid from the 1.4080 week high midweek toward the 1.4000 psych mark, where demand stepped in and drove a bounce to 1.4037 before fading back. Price now hugs EMA(20) around 1.4013 but sits below EMA(50), with RSI(14) neutral near 46 as the Asia-session range tightens ahead of Friday's dual US and Canada jobs prints. The 1.4000-1.4080 range from the digest still frames this week's action.
Support: 1.4000, 1.39916
Resistance: 1.40374, 1.40798
What it said to watch
H1 close below 1.4000 exposes the 1.3990 swing low
Reclaim of 1.4037 reopens the 1.4080 week high
US NFP and Canada jobs (Fri 12:30 UTC) could break this range