USD/CAD AI Live Scan, 4-hour chart, Sunday, 8 November 2026
Every read JAFX AI made on the USD/CAD 4-hour chart that day, newest first: trend, structure, the levels it marked and what it said to watch.
22:03 UTC
Uptrend, impulsive leg extending · RSI 79 · price 1.41293
Multi-week range 1.3930–1.4080 broken to the upside.
USD/CAD spent nearly three weeks in a 1.3930–1.4080 range, with a lower high at 1.4068 and a swing low at 1.3929 this week. Friday's jobs divergence, a US 165K NFP beat against a Canadian -4.7K miss, drove a near-vertical leg through the range top at 1.4082 to a recent high of 1.4137. RSI(14) is near 79, which is overbought. ATR(14) has expanded to about 28 pips, consistent with a trend extending rather than compressing.
Support: 1.4082, 1.4000, 1.3929
Resistance: 1.4137, 1.4200
What it said to watch
Pullback holding above the 1.4082 range top would confirm the breakout as a retest; a close back inside the range marks a false break
Close above the 1.4137 recent high opens the path toward the 1.4200 round number
Move back below the 1.4000 psych level would unwind most of Friday's leg
US CPI (Tue 13:30 UTC) and the BoC Summary of Deliberations (Tue 18:30 UTC) could materially shift this read
Break of the 1.3929 swing low would revive the range-bottom, CAD-strength structure
19:25 UTC
Uptrend, impulsive and overbought · RSI 79 · price 1.41293
Upside break of three-week 1.3929–1.4068 range, higher lows since 1.3929.
USDCAD spent most of the window in a broad 1.3929–1.4068 range before Friday's jobs divergence (US NFP 165K vs Canada -4.7K) drove a near-vertical break through the range top. Price now sits just under the 1.4137 window high, with RSI(14) near 79, overbought, and ATR(14) expanding to around 30 pips as the move extends. The 38.2% retracement of the 1.3929–1.4137 rally lands near the old range top at 1.4068, with the 50% fib at 1.4033 below it.
Support: 1.4068, 1.4033, 1.3929
Resistance: 1.4137, 1.4200
What it said to watch
H4 close back below the 1.4068 range top would turn the breakout into a false break
Loss of the rally support trendline from the 1.3929 window low marks the first break in the higher-low sequence
Holding above the 1.4137 window high opens the path to the 1.4200 round number
US CPI Tue 13:30 UTC and BoC Summary of Deliberations Tue 18:30 UTC could materially shift this read
A drop below the 50% fib at 1.4033 would retrace the bulk of the post-jobs move