USD/CAD AI Live Scan, 15-minute chart, Wednesday, 10 June 2026
Every read JAFX AI made on the USD/CAD 15-minute chart that day, newest first: trend, structure, the levels it marked and what it said to watch.
23:46 UTC
Recovery off lows, now flat · RSI 59 · price 1.39459
Consolidating below session high after rebound from CPI low.
USDCAD rebounded from the 1.3899 CPI-driven low and has spent the Asia session grinding back toward the 1.3950 session high, where it stalled. Now boxed 1.3940-1.3950 with RSI(14) near 59 — recovery momentum cooling into the top of the range.
Support: 1.3940, 1.3920, 1.3899
Resistance: 1.3950, 1.3969
What it said to watch
M15 close above 1.3950 opens the path toward the 1.3969 six-month high
Failure to hold 1.3940 range low exposes 1.3920
US PPI (Thu 12:30 UTC) could materially shift this read
Higher lows since 1.38989, consolidating below session high.
USDCAD dumped to 1.38989 mid-window as a soft US core CPI capped the dollar, then ground back through NY hours to retest the session high at 1.39499. Price now consolidating around 1.3946 in thin post-NY-close trade, holding above the 1.39400 pivot.
Support: 1.3940, 1.3925, 1.38989
Resistance: 1.39499, 1.39567
What it said to watch
Close above 1.39499 reopens the path toward 1.39567 prior high
Loss of 1.39400 pivot puts the 1.39250 higher low back in play
US PPI at 12:30 UTC could materially shift this read
USDCAD slid through the NY session to a 1.3899 low before buyers reclaimed the range and pushed back to the 1.3950 session high; BoC's in-line 2.25% hold left CAD heavy. Price is now stalling just under 1.3950 in a tight consolidation, RSI mid-range.
Support: 1.3940, 1.38989
Resistance: 1.39499, 1.3969
What it said to watch
M15 close above 1.39499 session high opens path to 1.3969 ytd high
Loss of 1.3940 range floor reopens the 1.3899 session low
US PPI (Thu 12:30 UTC) could materially shift this read
Consolidating below session high after sharp NY dip.
USDCAD flushed to a session low of 1.38989 during NY hours then clawed back, with CAD staying heavy after today's in-line BoC hold. Price is now consolidating just below the 1.39499 session high, RSI(14) mid-range near 56 — recovery leg holding a chain of higher lows.
Support: 1.39391, 1.38989
Resistance: 1.39499
What it said to watch
Clean M15 close above 1.39499 opens the path toward 1.3969
Failure to hold 1.39391 swing low risks a slide back toward the 1.38989 session low
US PPI (Thu 12:30 UTC) could materially shift this read
USDCAD sold to 1.38989 mid-window after the BoC hold, then fully retraced and is now consolidating just under the 1.39499 session high in thin Asian volume. RSI(14) sits near 58, well off extremes; the recovery has held above a rising 1.3940 base.
Support: 1.3940, 1.38989
Resistance: 1.39499, 1.39566
What it said to watch
M15 close above 1.39499 opens the 1.39566 prior high
Failure to hold the 1.3940 rising base reopens the 1.38989 swing low
US PPI at 12:30 UTC could materially shift this read
USDCAD has recovered the full 1.38989 flush back toward 1.39499, with the BoC hold leaving CAD heavy. Thin Asia-session volume now grinds price just under the 1.39499 swing high, RSI mid-range and ATR compressed near 5 pips.
Support: 1.3939, 1.3929, 1.38989
Resistance: 1.39499, 1.39566
What it said to watch
Close above 1.39499 opens prior high at 1.39566
Failure to hold 1.39390 returns price toward 1.39290
US PPI next session could shift the read
23:01 UTC
Recovery off lows, stalling near range top · RSI 53 · price 1.39435
Consolidation under session high after V-recovery.
USDCAD dropped to 1.3899 during NY hours then recovered to 1.3950 after the BoC hold and ebbing risk premium, before stalling. Now ranging 1.3940-1.3950 in thin Asian trade, RSI neutral near 53.
Support: 1.39391, 1.39181, 1.38989
Resistance: 1.39499, 1.39562
What it said to watch
Close above 1.39499 opens prior high at 1.39562
Failure to hold 1.39391 reopens the 1.3899 ny low
US PPI Thu 12:30 UTC could shift this read
23:01 UTC
Recovering, consolidating near session high · RSI 59 · price 1.39435
Higher lows off session low, capped at 1.39499.
USDCAD recovered from a session low of 1.38989 back to the session high at 1.39499 and is now coiling in a thin Asia-session range around 1.3944. The BoC held at 2.25% as priced today, keeping CAD heavy and the pair pinned near YTD highs.
Support: 1.39391, 1.3899
Resistance: 1.39499, 1.39562
What it said to watch
M15 close above 1.39499 opens the path back toward the prior high at 1.39562
Failure to hold 1.39391 reopens the session low at 1.3899
US PPI Thu 12:30 UTC could materially shift this read
22:46 UTC
Recovery off lows, ranging near session highs · RSI 57 · price 1.39446
Rebound from 1.3899 low, consolidating.
USDCAD recovered off the 1.3899 swing low and is consolidating in a tight 1.3940–1.3950 band through the thin Asian session, RSI(14) neutral near 57. Session high at 1.3950 capping the bounce; price holds near YTD highs after the BoC held at 2.25%, ATR compressed to ~5.5 pips.
Support: 1.39391, 1.3900, 1.38989
Resistance: 1.39499, 1.3953, 1.3969
What it said to watch
M15 close above 1.3950 opens path to the 1.3969 ytd high
Loss of 1.39391 reopens the 1.3900 psych area
US PPI Thu 12:30 UTC could shift this read on USD repricing
22:46 UTC
Recovery off NY lows, momentum flattening · RSI 53 · price 1.39446
Consolidating below session high after bounce from 1.3899.
USDCAD sold off into the NY session to 1.3899 after the BoC hold and ebbing oil risk premium, then recovered to stall at the 1.39499 session high. Price is now parked around the 0.786 retrace of that down-leg near 1.3944 and consolidating in thin Asia-hours trade.
Support: 1.3939, 1.39255, 1.38989
Resistance: 1.39499, 1.3969
What it said to watch
M15 close above 1.39499 session high opens the path to the 1.3969 ytd high
Loss of the 1.39255 swing low negates the recovery structure
US PPI 12:30 UTC could materially shift USD-CAD spreads and this read
22:33 UTC
Recovering, consolidating near range high · RSI 58 · price 1.39466
V-recovery off session low, holding upper range.
USDCAD sold off to a session low of 1.38989 around the London-NY window then fully recovered through the session, post-BoC hold leaving CAD heavy. Now consolidating 1.3940-1.3950 in thin late-session volume, RSI mid-range; session high at 1.39499 caps for now.
Support: 1.3940, 1.39237, 1.38989
Resistance: 1.39499
What it said to watch
M15 close above 1.39499 opens the path back toward 1.3957
Failure to hold the 1.39400 range floor risks a return to 1.3930
Thin Asia-session volume can exaggerate moves near the range edges
Rebounded from session low, consolidating below the high.
USDCAD rebounded sharply from the 1.38989 session low after the in-line BoC hold, reclaiming the 1.3940s and stalling under the 1.39499 session high. Price is now drifting in a tight 1.3940-1.3950 range through thin late-Asia liquidity, RSI cooling toward the mid-50s.
Support: 1.39391, 1.39253, 1.38989
Resistance: 1.39499, 1.3969
What it said to watch
Close above 1.39499 opens the path to the 1.3969 ytd high
Failure to hold 1.39391 reopens the 1.39253 swing low
US PPI (12:30 UTC) could materially shift this read via USD-CAD spreads
Higher lows since the 1.3899 base, pressing session high.
USDCAD based at 1.38989 after the post-CPI/BoC-hold flush and has carved a chain of higher lows back to the 1.39499 session high, where it stalled. Late-session volume is thin (single-digit ticks on the last bars), so the grind toward the high lacks conviction; 1.39391 is holding as near-term support.
Support: 1.39391, 1.39183, 1.38989
Resistance: 1.39499, 1.3969
What it said to watch
Close above 1.39499 reopens the path to the 1.3969 ytd high
Loss of 1.39391 breaks the higher-low sequence and exposes the 1.39183 intraday low
US PPI Jun 11 12:30 UTC could materially shift this read via USD-CAD spreads
USDCAD clawed back from a session low at 1.38989 to retest 1.3950, building a chain of higher lows after the BoC hold left CAD heavy. Price now drifts at 1.3948 in thin Asia liquidity, holding just under the 1.39499 session high with RSI mid-range.
Support: 1.39391, 1.39181, 1.38989
Resistance: 1.39499, 1.39562
What it said to watch
M15 close above 1.39499 opens the path to 1.39562
Failure to hold 1.39391 risks a pull back toward 1.39181
USDCAD flushed to a session low of 1.3899 during NY hours then recovered cleanly to 1.3950, and is now consolidating in the 1.3940-1.3950 zone into the late session on thin volume. BoC's on-hold 2.25% decision earlier kept CAD heavy, but price eased from the YTD high; RSI(14) sits neutral near 58.
Support: 1.3939, 1.3925, 1.38989
Resistance: 1.39499, 1.39566
What it said to watch
Close above 1.3950 session high opens 1.3957
Close below 1.3939 pullback low reopens 1.3925
US PPI Thu 12:30 UTC could materially shift this read
V-shaped bounce from 1.3899, higher lows into session highs.
USDCAD sold off to 1.3899 mid-window then recovered in a steady grind back to session highs near 1.3950, with the BoC hold at 2.25% keeping CAD heavy. Price now consolidating 1.3939–1.3950 on thin late-session volume, holding above EMA20/50 and sub the 1.3969 YTD high.
Support: 1.3939, 1.3918, 1.38989
Resistance: 1.39499, 1.3969, 1.39562
What it said to watch
Close above 1.39499 reopens the 1.3969 ytd high
Loss of 1.39390 pullback low signals recovery stalling
US PPI Thu 12:30 UTC could materially shift this read
Consolidating below session high after sharp dip and bounce.
USDCAD spiked to a session low at 1.3904 during NY hours, then recovered to a session high at 1.3950 where it was rejected. Price is now consolidating just above the 1.3939 range low in thin late-session trade, RSI(14) neutral near 50.
Support: 1.3939, 1.39038
Resistance: 1.39499, 1.3969
What it said to watch
Close above 1.3950 reopens the 1.3969 ytd high
Loss of 1.3939 range low exposes the 1.3904 session low
US PPI Thu 12:30 UTC could materially shift this read
21:46 UTC
Recovered off lows, now flat · RSI 55 · price 1.39418
Consolidation near recovery high after V-bounce.
USDCAD recovered from the session low at 1.39038 back to 1.394 after the BoC held at 2.25% as expected, then stalled below the 1.39499 recovery high. Now consolidating in thin late-session trade with ATR(14) near 4 pips and RSI mid-range.
Support: 1.3930, 1.39038, 1.3900
Resistance: 1.39499, 1.39566
What it said to watch
Close above 1.39499 reopens the path toward the 1.3969 YTD high
Failure to hold 1.39300 puts the 1.39038 session low back in play
21:31 UTC
Recovery off lows, stalling · RSI 51 · price 1.39402
Higher lows after session-low sweep, capped at session high.
USDCAD recovered off the 1.3904 session low after the BoC hold, grinding to a session high at 1.3950 before fading to 1.3940. Volume thinned into the Asia open with RSI(14) neutral near 51; the pullback is holding just above the 1.3940 area.
Support: 1.39237, 1.39044
Resistance: 1.39499, 1.39448
What it said to watch
M15 close above 1.3950 reopens the YTD-high pivot near 1.3969
Failure to hold the 1.3924 swing low reasserts downside
US PPI Thu 12:30 UTC could materially shift this read
Higher lows since 1.3899, pulling back from session high.
USDCAD recovered from a session low at 1.3899 back toward 1.3950 after the BoC held at 2.25% kept CAD heavy. Rejection at the 1.39499 session high then capped the bounce, and price is drifting at 1.3940 in thin late-NY hours with RSI cooling toward neutral.
Support: 1.3932, 1.3900, 1.38989
Resistance: 1.39499, 1.3969
What it said to watch
M15 close above 1.39499 session high opens the path to the 1.3969 ytd high
Failure to hold 1.39320 pivot reopens the 1.39000 round number and 1.3899 session low
US PPI (Jun 11 12:30 UTC) could materially shift this read via USD-CAD spreads
USDCAD flushed to a session low of 1.38989 mid-window before grinding back through the London-NY hours to retest the session high at 1.39499, where it was rejected. Price is now consolidating around 1.3942 on thin late-session volume after the BoC held at 2.25% as expected, keeping CAD heavy.
Support: 1.3928, 1.39044, 1.38989
Resistance: 1.39499, 1.39562
What it said to watch
Close above 1.39499 opens the path to 1.39562
Failure to hold 1.39280 reopens the drop low at 1.39044
PPI Thu 12:30 UTC could materially shift this read via USD
Consolidating below session high after V-recovery.
USDCAD carved a session low at 1.38989 on the CPI-driven slide before a steady recovery back to 1.39499; price now sits idle near 1.3942 with RSI cooling to the low-50s. Buyers stepped in repeatedly through the recovery, but momentum has flattened just under the session high.
Higher lows off session low, pullback from session high.
USDCAD recovered through the NY session after a flush to 1.38989, grinding back to a session high at 1.39499 before easing to 1.39422. Higher lows held above 1.39300 and price sits above its EMAs; RSI(14) near 54 shows no fresh extreme after the bounce.
Support: 1.3930, 1.38989
Resistance: 1.39499, 1.3956
What it said to watch
Close back below 1.39300 breaks the rising-lows sequence
Reclaim of 1.39499 reopens the path toward 1.39560
Higher lows since 1.3899 low, consolidating below session high.
USDCAD recovered through the NY session from the 1.3899 session low to tag 1.39499, then pulled back to 1.39422 after the in-line US CPI and BoC hold kept CAD heavy. Higher lows intact; rejection at 1.39499 capped the push while RSI sits mid-range with room either way.
Support: 1.3925, 1.39038
Resistance: 1.39499, 1.3969
What it said to watch
M15 close above 1.39499 opens a retest of the 1.3969 ytd high
Loss of the rising support / 1.39250 swing low ends the higher-low sequence
US PPI Jun 11 12:30 UTC could materially shift this read
Higher lows off session low, capped near session high.
USDCAD recovered through the NY session off the 1.39038 low, grinding into 1.39499 where it stalled and faded to 1.39443, RSI(14) cooling near 58. The higher-low chain stays intact above 1.39300; demand stepping in on dips keeps the recovery leg alive with the session high capping.
USDCAD flushed to 1.38989 mid-window on the in-line US CPI print, then recovered steadily through NY to a 1.39499 session high before easing to 1.3944. Price holds above EMA20/50 with RSI mid-range; rejection at 1.39499 caps the rebound for now.
Support: 1.39413, 1.39181, 1.38989
Resistance: 1.39499, 1.39562
What it said to watch
Close above 1.39499 opens the path to prior high 1.39562
Failure to hold 1.39413 risks a retest of the 1.38989 session low
US PPI Thu 12:30 UTC could materially shift the USD leg of this read
20:31 UTC
Recovering, near session high · RSI 60 · price 1.39433
Higher lows off session low, testing range top.
USDCAD recovered hard off the 1.38989 session low through NY hours, grinding back to the session high at 1.39499 before easing to 1.39433 with BoC's in-line hold keeping CAD heavy. Higher lows intact since the low; RSI(14) near 60 leaves room before overbought.
Support: 1.3942, 1.39237, 1.38989
Resistance: 1.39499, 1.3956
What it said to watch
M15 close above 1.39499 opens the path back toward the prior high at 1.39560
Loss of 1.39420 pullback low would break the higher-low chain
US PPI Thu 12:30 UTC could materially shift this read
Higher highs into NY, minor pullback from session high.
USDCAD ground back up through NY hours after the CPI-driven flush to 1.38989, with the in-line US print failing to dent the firm dollar while a held BoC kept CAD heavy. Price tagged 1.39499 and stalled, RSI(14) cooling from the highs; pair holding above the rising lows near 1.3925.
Support: 1.3928, 1.3918, 1.38989
Resistance: 1.39499, 1.39562
What it said to watch
Close above 1.39499 opens the path to 1.39562
Loss of 1.39280 breaks the rising-low chain
PPI + Jobless Claims Thu 12:30 UTC could materially shift this read
USDCAD bottomed at 1.39000 during the NY session and has ground back up in a clean HH/HL chain toward the session high at 1.39499, with the BoC hold keeping CAD heavy. RSI(14) near 71 is hot but normal for this leg; the last bar stalled right under the high.
Support: 1.3930, 1.3918, 1.3900
Resistance: 1.39499, 1.3956
What it said to watch
Close above 1.39499 opens the path to 1.39560
Loss of 1.39300 breaks the rising-low chain
US PPI Jun 11 12:30 UTC could materially shift this read
USDCAD rebounded off the 1.3899 session low — struck during a sharp NY-hours flush — and has ground steadily higher, now testing the 1.39500 session high with RSI(14) near 68. CAD stays heavy after the BoC held at 2.25%, keeping the recovery intact.
Support: 1.3928, 1.38989
Resistance: 1.3950, 1.39566
What it said to watch
M15 close above 1.39500 opens prior high at 1.39566
Failure to hold 1.39280 swing low breaks the recovery sequence
US PPI Thu 12:30 UTC could materially shift this read via yield spreads
NY session swept down to 1.38989 on the in-line US CPI reaction before buyers stepped in and the pair ground back to retest the session high at 1.39453. Steady chain of higher lows off the session low; RSI(14) near 63 and price holding above EMA20/50.
Support: 1.3930, 1.38989
Resistance: 1.39453, 1.39566
What it said to watch
Close above 1.39453 opens the path to the prior high at 1.39566
Failure to hold the 1.39300 swing low risks a return toward the session low at 1.38989
US PPI Thu 12:30 UTC could materially shift this read
USDCAD flushed to 1.38989 during NY hours on the in-line US CPI before reclaiming the move, now grinding back toward 1.39448 with RSI in the mid-60s. BoC's hold at 2.25% kept CAD heavy, and price is building higher lows back toward the 1.39510 prior high.
Support: 1.3940, 1.3925
Resistance: 1.3951, 1.3969
What it said to watch
Close above 1.39510 opens the path toward the 1.3969 ytd high
Failure to hold 1.39400 risks a retest of the 1.39250 swing low
19:47 UTC
Recovery off lows, momentum up · RSI 64 · price 1.39409
Higher lows since the session low.
USDCAD spiked down into 1.3904 around the in-line US CPI print, then ground steadily higher through the NY session to 1.3941 on a chain of higher lows. RSI(14) sits mid-60s and price holds above EMA20/EMA50; the move has retraced ~70% of the earlier drop.
Support: 1.3928, 1.39038, 1.3900
Resistance: 1.3956, 1.3969
What it said to watch
Close above 1.3956 session high reopens the 1.3969 ytd high
Loss of the 1.3928 swing low and rising support stalls the recovery
US PPI Thu 12:30 UTC could materially shift this read
USDCAD flushed to 1.38989 on the in-line US CPI reaction then carved a steady recovery through the NY session, now retesting the session high near 1.39416. Higher lows have held since the low and RSI(14) sits mid-60s, with the broader read pinned by today's BoC hold keeping CAD heavy.
Support: 1.39287, 1.3900, 1.38989
Resistance: 1.39416, 1.39566, 1.3969
What it said to watch
Clean M15 close above 1.39566 prior high opens the path to the 1.39690 ytd high
Failure to hold 1.39287 swing low breaks the higher-low chain
US PPI Thu 12:30 UTC could materially shift this read
Higher lows off the flush, grinding into resistance.
USDCAD flushed to 1.39038 mid-window then recovered through the NY session, now grinding back to 1.394 on a chain of higher lows after the in-line BoC hold kept CAD heavy. Price sits below the 1.39443 intraday high with the 1.3969 ytd pivot capping above; RSI(14) firm near 63, not yet stretched.
Support: 1.3925, 1.39038
Resistance: 1.39443, 1.39562, 1.3969
What it said to watch
Close above 1.39443 opens a retest of session high 1.39562
Loss of 1.3925 breaks the rising-low chain and reopens the flush low
PPI Thu 12:30 UTC could materially shift this read
19:32 UTC
Recovering, higher lows · RSI 64 · price 1.39395
Chain of higher lows off session low.
USDCAD plunged to 1.39040 on the in-line US CPI reaction, then ground steadily higher through NY hours in a clean chain of higher lows, now retesting the session high near 1.39405. RSI(14) elevated near 64 but not extreme; BoC hold left CAD heavy.
Support: 1.3925, 1.3904
Resistance: 1.39405, 1.3956
What it said to watch
Clean M15 close above 1.39405 opens the path back toward 1.39560
Failure to hold 1.39250 breaks the higher-low chain and exposes the 1.39040 session low
PPI Thu 12:30 UTC could materially shift this read
19:17 UTC
Recovering, uptrend on recent leg · RSI 61 · price 1.39386
Higher lows off session low, grinding back toward session high.
USD/CAD swept down to 1.38990 during NY hours on the in-line US CPI / BoC-hold reaction, then recovered through the session and is now grinding into the session high at 1.39390. Higher lows have built off 1.39250, RSI(14) around 61 with room before overbought.
Support: 1.3925, 1.3899
Resistance: 1.3939, 1.3952, 1.3969
What it said to watch
Close above 1.39390 session high opens the path to 1.39520 then the 1.39690 ytd high
Failure to hold 1.39250 reopens the swept low at 1.38990
PPI Thu 12:30 UTC could materially shift this read
Higher lows since the 1.3899 low, grinding into session-high resistance.
USDCAD flushed to a session low of 1.3899 on the in-line US CPI print, then recovered through NY hours with a chain of higher lows back toward the 1.3939 session high. RSI(14) near 60 as price retests the intraday top; CAD stays heavy after the BoC hold.
Support: 1.3925, 1.3918, 1.3904
Resistance: 1.3939, 1.3945
What it said to watch
M15 close above 1.3940 opens the path toward 1.3945
Failure to hold 1.3925 reopens the session low at 1.3904
US PPI Thu 12:30 UTC could materially shift this read
USD/CAD slid to a 1.3899 session low on the post-CPI/BoC washout, then reclaimed the figure and ground higher through the NY-Asia transition to ~1.3937, RSI(14) mid-range. The recovery prints higher lows off the low, with the prior 1.3957 high the next ceiling ahead of the 1.3969 YTD high.
Support: 1.3925, 1.3899
Resistance: 1.3940, 1.3957, 1.3969
What it said to watch
Close above 1.3957 puts the 1.3969 ytd high back in play, a break there opens 1.4140
Failure to hold 1.3925 swing low reopens 1.3899
PPI Thu 12:30 GMT could materially shift this read via USD-CAD spreads
A sharp NY-session sell-off swept to 1.38989 before buyers stepped in, and price has since ground back to 1.3937, reclaiming both EMAs. RSI(14) sits mid-range near 58; in-line US CPI and a fully-priced BoC hold are keeping dips shallow as USDCAD holds below its 1.3969 YTD high.
Support: 1.3925, 1.39038
Resistance: 1.39378, 1.3940
What it said to watch
M15 close above 1.39378 opens the path back toward 1.3940 and the 1.3969 YTD high
Failure to hold 1.3925 reopens the 1.39038 session low
PPI tomorrow 12:30 GMT could materially shift this read
18:47 UTC
Downtrend stalled, now ranging · RSI 55 · price 1.39347
Consolidation in upper half of NY range after sweep low.
USDCAD bled lower through the session and swept a low at 1.39038 during NY data hours, then was bought straight back — the BoC hold at 2.25% and firm USD keeping CAD heavy. Since then it has ranged 1.3925-1.3938, with price stalling around the 61.8% retrace of the drop; RSI mid-range, no extreme.
Support: 1.3925, 1.39038
Resistance: 1.39378, 1.3952
What it said to watch
M15 close above 1.39378 reopens the 1.39520 prior high
Failure to hold 1.39250 exposes the 1.39038 session low
US PPI Thu 12:30 GMT could materially shift this read
18:47 UTC
Downtrend, now stabilising · RSI 55 · price 1.39347
Sweep of session low, then tight consolidation.
USDCAD sold off through the NY session to a low of 1.3899 before recovering into a tight 1.3925-1.3936 consolidation; the BoC hold at 2.25% kept CAD heavy and supported the bounce. Price is pressing the range top at 1.3938 with RSI(14) back near mid-range.
Support: 1.3925, 1.38989
Resistance: 1.3938, 1.3947
What it said to watch
M15 close above 1.39380 opens the path to 1.39470
Loss of 1.39250 reopens the 1.38989 session low
US PPI Thu could shift this read once that window opens
18:32 UTC
Downtrend stabilising, now ranging · RSI 53 · price 1.39321
Sharp sell-off to session low, then recovery into a tight band.
USDCAD sold off sharply to a session low at 1.38989 during NY hours before buyers stepped in, recovering to consolidate in a 1.3925–1.3935 band with the BoC hold and firm USD keeping a floor under dips. RSI(14) back near neutral around 53; range top sits at the 1.39380 recovery high.
Support: 1.3925, 1.3918, 1.3904
Resistance: 1.3938, 1.3945
What it said to watch
Close above 1.39380 reopens the upside toward 1.39450
Failure to hold 1.39250 risks a retest of the 1.39040 session low
US PPI tomorrow (12:30 GMT) could materially shift this read
18:32 UTC
Downtrend, stabilising after flush · RSI 52 · price 1.39321
Consolidating above session low.
Price flushed to a 1.38989 session low after the BoC hold then recovered sharply, and has since coiled into a 1.3925–1.3938 range through the late NY session. RSI(14) back at neutral near 52; below EMA50 but holding above EMA20.
Support: 1.3925, 1.39038, 1.38989
Resistance: 1.3938, 1.39545
What it said to watch
Close above 1.3938 reopens the path toward 1.39545
Failure to hold 1.3925 re-exposes the 1.38989 flush low
US PPI Thu 12:30 GMT could break this range
18:17 UTC
Down then consolidating · RSI 51 · price 1.39309
Range after NY sell-off.
NY session sold off sharply to 1.38989 around midday after the BoC hold left CAD heavy, then bounced and has gone sideways between 1.39250 and 1.39378 through late NY hours. RSI(14) back to neutral near 51; price hovering on EMA20 but capped below EMA50.
Support: 1.3925, 1.38989
Resistance: 1.39378
What it said to watch
Close below 1.39250 reopens the 1.38989 session low
Reclaim of 1.39378 session high would break the consolidation upward
PPI Thu 12:30 GMT could materially shift this read
USDCAD flushed to 1.38989 during the NY session as the in-line US CPI and BoC hold played out, then recovered to range between 1.39180 and 1.39360. Price is hovering just above EMA20 with RSI back to neutral; no directional impulse in the last few hours.
Support: 1.3918, 1.38989
Resistance: 1.3936, 1.3943
What it said to watch
M15 close above 1.39360 reopens the path to 1.39430
Failure to hold 1.39180 reopens the 1.38989 session low
PPI Thu 12:30 GMT could materially shift this read
18:02 UTC
Downtrend stalling, now ranging · RSI 46 · price 1.39282
Consolidating after sweep low and recovery.
USDCAD slid from the 1.3955 session high and spiked down to 1.39038 around the US CPI print before snapping back as the soft core-MoM miss trimmed the USD bid. Price has since coiled into a 1.39180–1.39378 range; RSI(14) sits mid-band near 46 with price below both EMAs.
Support: 1.3918, 1.39038, 1.3900
Resistance: 1.39378, 1.3955
What it said to watch
M15 close below 1.39180 reopens the 1.39038 spike low
Close above 1.39378 breaks the range to the upside
USDCAD sold off through the NY session to a low of 1.38989 — BoC hold and an in-line US CPI left CAD heavy but offered no fresh USD push. Price has since recovered into a 1.3920–1.3936 range and now sits at 1.39282, just under EMA20, RSI(14) neutral near 47.
Support: 1.39038, 1.39222
Resistance: 1.39361, 1.39549
What it said to watch
M15 close above 1.39361 reopens the 1.3955 range top
Loss of 1.39222 reasserts the move toward the session low at 1.39038
PPI Thu 12:30 GMT could materially shift USD-CAD spreads
17:47 UTC
Recovered from flush, now ranging · RSI 51 · price 1.39339
Consolidation below session high after sweep of lows.
NY session saw a sharp flush to 1.39044 before a full recovery; price now consolidating 1.3920–1.3938 with RSI(14) near 50. Session high at 1.39380 is capping the bounce, BoC and in-line US CPI now behind the pair.
Support: 1.3922, 1.39044
Resistance: 1.3938, 1.3950
What it said to watch
M15 close above 1.39380 session high opens the path back toward 1.39500
Failure to hold 1.39220 swing low reopens the 1.39044 ny low
PPI Thu 12:30 GMT could materially shift this read
17:47 UTC
Downtrend, recovering off lows · RSI 55 · price 1.39339
Sharp sell-off then rising consolidation, higher lows.
USDCAD dropped hard to 1.39038 around the NY data window with CPI landing in line and BoC's hold behind the market, then recovered into a rising consolidation. Higher lows have carried price back to 1.3934, just under the 1.3938 swing-high resistance with RSI(14) back near mid-range.
Support: 1.3922, 1.39038
Resistance: 1.3938, 1.3949
What it said to watch
M15 close above 1.3938 opens the path back toward 1.3949
Failure to hold 1.3922 reopens the 1.3904 session low
US PPI Thu 12:30 GMT could materially shift this read
17:32 UTC
Downtrend, recovering off lows · RSI 51 · price 1.39329
Sharp drop swept, now consolidating.
Price flushed sharply to 1.3899 on the in-line US CPI print, then buyers stepped in and lifted it back into a 1.3923-1.3938 consolidation. RSI(14) has reset to mid-range near 51 after the dip; the recovery is holding above EMA20 but capped below the session swing high.
Support: 1.3923, 1.39038
Resistance: 1.39378, 1.3969
What it said to watch
Close below 1.3923 reopens the 1.3904 session low
Break above 1.39378 puts the 1.3969 ytd high back in play
PPI Thu 12:30 GMT could materially shift this read
USDCAD spiked down to 1.39040 around the US CPI / BoC-decision window then snapped back, with buyers stepping in below 1.3905. Price now consolidates 1.3924–1.3938, holding above EMA20 but capped below the 1.3938 recent high.
Support: 1.3924, 1.3904
Resistance: 1.3938, 1.3956
What it said to watch
M15 close above 1.39380 reopens the path toward the 1.3956 session high
Loss of 1.39240 swing low exposes the 1.39040 session low
PPI Thu 12:30 GMT could materially shift this read
17:17 UTC
Down-leg into 1.3900, now stabilising · RSI 54 · price 1.39321
Recovery off swept low, consolidating.
USDCAD flushed to 1.3899 around the US CPI release (13:30 UTC) as the soft core MoM print trimmed USD, then recovered and has been consolidating 1.3920–1.3935 through the NY afternoon. The 1.3900 low looks swept; RSI(14) back near 54 with price reclaiming EMA20 but still capped below EMA50.
Support: 1.3918, 1.3900
Resistance: 1.3938, 1.3945
What it said to watch
M15 close below 1.39180 reopens the 1.3900 swing low
Close above 1.39380 session high challenges 1.3945
PPI Thu 12:30 GMT could materially shift this read
17:17 UTC
Downtrend, recovered and consolidating · RSI 53 · price 1.39321
Selloff into session low, basing in a range.
USDCAD slid through the NY session, flushing to a session low of 1.38989 around the in-line US CPI / BoC hold before buyers stepped in. Price has since recovered into a 1.3920-1.3935 range, holding above the 1.39220 swing low with the 1.39378 session high capping. RSI(14) has normalised back to mid-range after the oversold flush.
Support: 1.3922, 1.38989
Resistance: 1.39378, 1.3945
What it said to watch
Close above 1.39378 reopens the path toward 1.39450
Loss of 1.39220 swing low reasserts the downside toward 1.38989
PPI Thu 12:30 GMT could materially shift this read
Bounce off session low, consolidating below resistance.
USDCAD sold off sharply into 1.38989 during NY hours before snapping back to consolidate around 1.3930, with the spike low quickly reclaimed. Price now grinds between 1.39250 and the 1.39380 recent high, RSI(14) back to mid-range near 52 after the washout. BoC held at 2.25% as expected, leaving no fresh CAD direction into the consolidation.
Support: 1.3925, 1.3918, 1.3904
Resistance: 1.3938, 1.3946
What it said to watch
M15 close above 1.39380 reopens the path toward 1.39460
Loss of 1.39180 recovery base exposes the 1.39040 swing low
PPI Thu 12:30 UTC is the next macro catalyst beyond this window
17:03 UTC
Downtrend, stabilising after washout · RSI 52 · price 1.39299
Swept session low, recovering into consolidation.
NY session drove a sharp drop to 1.3899 just under the figure before buyers stepped in, lifting price back to consolidate around 1.3925–1.3935. The leg lower extended the broader slide from the 1.3969 YTD high; RSI(14) has recovered off oversold to mid-range as the bleg paused.
Support: 1.38989, 1.39237
Resistance: 1.3938, 1.3950, 1.3969
What it said to watch
M15 close below 1.39237 reopens the 1.38989 swing low
Break above 1.39380 session high targets 1.39500
US PPI Thu 12:30 UTC could materially shift this read
USDCAD slid into a session low at 1.38989 around the NY open after the soft US core CPI MoM print trimmed dollar support, then snapped back to ~1.393. Price is now ranging between 1.392 and the 1.39347-1.39380 swing-high band, RSI(14) flat near 49.
Support: 1.3918, 1.38989
Resistance: 1.39347, 1.3938
What it said to watch
M15 close below 1.39040 reopens the 1.38989 session low
M15 close above 1.39380 invalidates the range read
PPI Thu 12:30 UTC could materially shift this read
16:47 UTC
Downtrend into CPI, recovering then ranging · RSI 49 · price 1.39289
Session low swept, consolidating above it.
USD/CAD sold off into the soft US core CPI MoM print, flushing to a 1.38989 session low before buyers reclaimed the 1.393 area. Price now consolidates in a 1.3924–1.3938 band with RSI(14) flat near 50; no setup in play.
Support: 1.3924, 1.38989
Resistance: 1.3938, 1.3940
What it said to watch
M15 close below 1.3924 reopens the 1.38989 session low
M15 close above 1.3938 puts the 1.3940 round number back in range
US PPI Thu 12:30 UTC could materially shift this read
16:32 UTC
Downtrend, recovering off lows · RSI 46 · price 1.39269
Spike low swept, consolidating below EMA20.
NY session flushed into 1.38989 around the in-line US CPI print before snapping back to 1.39270, leaving a sweep of the session low. Price is now consolidating just under EMA20, holding above the rebuilt 1.39180 swing low.
Support: 1.3918, 1.38989
Resistance: 1.39378, 1.3952
What it said to watch
M15 close below 1.39180 reopens the 1.38989 spike low
Close above 1.39378 puts 1.39520 back in play
PPI Thu 12:30 GMT could materially shift this read
16:32 UTC
Downtrend, stabilising after flush · RSI 46 · price 1.39269
Consolidating above session low post-CPI drop.
USDCAD flushed into 1.38989 around the soft US core CPI print before snapping back to 1.39378 (post-cpi high) and stalling. Price now grinds sideways near 1.3927, RSI(14) mid-range after basing at the session low; the 1.3918 swing low caps the downside for now.
Support: 1.3918, 1.38989
Resistance: 1.3938, 1.3945
What it said to watch
Reclaim of 1.3938 post-cpi high reopens the upper range
Loss of 1.3918 swing low exposes the 1.38989 session low
US PPI Thu 12:30 GMT could materially shift this read
16:17 UTC
Downtrend, recovering into range · RSI 51 · price 1.39306
Sharp drop to 1.3899 then consolidation.
USDCAD sold off sharply to a 1.38989 swing low into the BoC hold / US CPI cross-driver, then recovered to consolidate in a 1.39175–1.39378 range. Buyers stepped in repeatedly off 1.3918; RSI(14) back near 51 after the washout, price holding above EMA20 but capped under EMA50.
Support: 1.39175, 1.38989
Resistance: 1.39347, 1.39378
What it said to watch
Close above 1.39378 reopens the path toward prior 1.3969 highs
Loss of 1.39175 puts the 1.38989 swing low back in focus
PPI Thu 12:30 GMT is the next cross-driver for this read
16:17 UTC
Downtrend, recovering off lows · RSI 51 · price 1.39306
Spike low at 1.38989, basing into 1.393.
USDCAD flushed into 1.38989 during NY hours after the in-line BoC hold and soft US core CPI, then snapped back to consolidate near 1.393. The spike low was swept and reclaimed; price now sits between 1.39180 support and the 1.39378 recovery high, RSI back to neutral.
Support: 1.3918, 1.3904, 1.3900
Resistance: 1.39378, 1.3947
What it said to watch
Close back below 1.39040 reopens the session low and 1.3900
Break above 1.39378 recovery high extends the bounce toward 1.39470
US PPI Thu 12:30 GMT could materially shift this read
16:02 UTC
Downtrend, recovering off lows · RSI 49 · price 1.39291
Spike low then higher-low recovery.
NY session saw USD/CAD spike down to the 1.3899 low around the US CPI / BoC window before buyers recovered the move back to 1.3920-1.3938. Price now consolidating below the 1.3938 session high with RSI(14) mid-range near 49.
Support: 1.39181, 1.38989
Resistance: 1.39378, 1.3940
What it said to watch
M15 close below 1.3899 reopens the downside spike low
Close above 1.3938 extends the recovery toward the 1.3969 high
US PPI Thu 12:30 GMT is a cross-driver risk for this pair
Lower lows into 1.3899 sweep, recovering off the low.
USDCAD slid through the session and swept down to 1.3899 around the NY CPI/BoC window before buyers stepped back in, recovering to the 1.393 area. Price now consolidates between 1.3918 and the 1.39378 session high, sitting above EMA20 but capped below EMA50; RSI(14) back near 51 after the washout.
Support: 1.3918, 1.3900, 1.38989
Resistance: 1.39378, 1.3945
What it said to watch
M15 close above 1.39378 extends the recovery toward 1.3945
Loss of 1.39000 reopens the 1.3899 session low
US PPI Thu 12:30 GMT could materially shift this read
15:47 UTC
Downtrend, recovering off lows · RSI 49 · price 1.39301
Lower low swept at 1.38989, rising lows since.
Sharp NY-session sell-off drove USDCAD through 1.39044 to a session low of 1.38989 in the CPI/BoC window, then a steady recovery to 1.393 on rising lows. RSI(14) has climbed back to neutral near 49 as price now presses the 1.39347 swing high.
Support: 1.39175, 1.38989
Resistance: 1.39347, 1.3945
What it said to watch
M15 close above 1.39347 swing high extends the recovery toward 1.39450
Loss of 1.39175 recovery low reopens the 1.38989 session low
PPI Thu 12:30 GMT could materially shift this read
USDCAD sold off hard into 1.39044 around the BoC press conference (14:30 UTC), then buyers stepped in and price has carved rising lows back to 1.393. RSI(14) has recovered from oversold to mid-range; the 1.39347 session high caps the bounce so far.
Support: 1.39176, 1.39044
Resistance: 1.39347, 1.3940
What it said to watch
M15 close above 1.39347 opens the path back toward the 1.39400 psych level
Failure to hold 1.39176 reopens the 1.39044 day low
Move is still inside the post-BoC drop range; no fresh catalyst until US PPI Thu
Grinding lower-high sequence accelerated into a 150-pip flush to the session low at 1.38989 during the NY/CPI window, then snapped back V-shaped to 1.3928 as the soft US core CPI MoM gave the dollar a mild soft-touch. Price is back near EMA20 but capped under the 1.3936 swing high; bounce intact for now.
Support: 1.39195, 1.38989
Resistance: 1.3936, 1.3940, 1.39483
What it said to watch
Reclaim and hold above 1.39360 keeps the recovery alive; failure there confirms lower highs
Loss of 1.39195 reopens the 1.38989 session low
BoC press conference and US PPI risk could materially shift this read
USDCAD flushed sharply to 1.38989 in the 14:30 UTC window around the BoC hold and in-line US CPI, then recovered the entire leg to trade back near 1.3928. The dip was rejected and price has climbed the 78.6% retrace of the move; momentum is neutral with RSI back near 50.
Support: 1.39175, 1.38989
Resistance: 1.3936, 1.3945
What it said to watch
Reclaim and close above 1.39360 reopens the path toward the 1.39450 prior high
Failure to hold 1.39175 reopens the 1.38989 session low
BoC press-conference tone could materially shift this read
USDCAD slid through the NY session to a low of 1.38989, a sweep below the 1.39000 handle after the soft US core CPI print trimmed dollar conviction. Buyers stepped in off the lows and price has chained higher lows back to 1.39331, with RSI(14) recovering toward the midline; the 1.39361 swing high caps the bounce.
Support: 1.39175, 1.38989
Resistance: 1.39361, 1.39466
What it said to watch
Reclaim of 1.39361 swing high reopens the earlier session range toward 1.39466 prior pivot
Close back below 1.39175 intraday low puts the 1.38989 session low back in play
US PPI Thu 12:30 GMT could materially shift this read
15:17 UTC
Downtrend, rebounding off lows · RSI 52 · price 1.39331
Lower lows into 1.3899, sharp bounce in progress.
USDCAD ground lower through the window then flushed to 1.38989 in the CPI/BoC press-conference window before snapping back to 1.39331. The recovery off the swept low has lifted price back above EMA20, RSI(14) cooling out of oversold to mid-range; 1.39380 prior pivot is the immediate cap.
Support: 1.3917, 1.38989
Resistance: 1.3938, 1.3950
What it said to watch
Reclaim above 1.39380 prior pivot opens 1.39500 swing high
Close back below 1.39170 bounce base reopens the 1.38989 swing low
US PPI Thu 12:30 GMT could materially shift this read
USDCAD sold off through the NY session into the BoC press conference and US CPI window at 14:30 UTC, sweeping to 1.38989 before buyers stepped in. Price has recovered to 1.39277, RSI(14) lifting off oversold back to mid-40s; the 1.39360 swing high caps the bounce.
Support: 1.3900, 1.38989
Resistance: 1.3936
What it said to watch
Reclaim of 1.39360 negates the lower-high sequence
Failure to hold 1.39000 psych reopens the 1.38989 session low
PPI Thu 12:30 GMT could materially shift this read
14:47 UTC
Downtick, recovering off lows · RSI 45 · price 1.39225
Lower highs into a session-low sweep, now basing.
NY session saw a sharp flush to 1.38990 around the BoC press conference / US CPI window, immediately recovered and is now consolidating 1.3917-1.3925. Lower highs have capped each push since the swing high at 1.39360; RSI(14) recovering from the dip near 44.
Support: 1.3899, 1.3912
Resistance: 1.3928, 1.3936
What it said to watch
M15 close above 1.39360 swing high negates the lower-highs read
Failure to hold 1.38990 session low opens 1.3900 psych and below
BoC tone / US PPI follow-through could materially shift this read
USDCAD slid through the NY session, breaking 1.39200 with a sharp flush to 1.38989 around the BoC/US CPI window before buyers stepped in to recover toward 1.39230. Price now sits below EMA20/50 with RSI(14) mid-40s; the day low at 1.38989 is the line in the sand and 1.39360 caps any rebound.
Support: 1.38989, 1.39038
Resistance: 1.3936
What it said to watch
M15 close below 1.38989 confirms a lower-low and reopens downside
Reclaim of 1.39360 pre-drop high negates the bearish leg
PPI Thu 12:30 GMT could materially shift this read
14:32 UTC
Downtrend, bounce off lows · RSI 44 · price 1.39235
Lower highs / lower lows, recovering.
USDCAD slid through the NY session in a chain of lower highs, sweeping below the 1.3900 figure to 1.38989 before buyers stepped in. Pair has reclaimed 1.3920, with RSI(14) recovering off the lows; 1.39360 swing high caps the bounce.
Support: 1.3904, 1.38989
Resistance: 1.3936
What it said to watch
Reclaim of 1.39360 swing high would break the lower-high sequence
Loss of 1.38989 session low confirms downtrend continuation
Lingering USD CPI / BoC headlines could re-introduce volatility
14:32 UTC
Downtrend, bouncing off low · RSI 44 · price 1.39235
Lower highs and lows, recovery from session low.
USDCAD sold off sharply into the NY/BoC press-conference window, sweeping to a session low of 1.38990 before buyers stepped in and lifted price back to 1.3924. The drop broke the prior 1.3930-1.3936 base; RSI(14) recovering near 44 after the flush, with 1.39254 capping the bounce so far.
Support: 1.3904, 1.3899
Resistance: 1.39254, 1.3936
What it said to watch
Reclaim of 1.39360 would repair the lower-high structure
Failure to hold 1.39040 reopens the 1.38990 session low
BoC press conference / US PPI tone could extend the move
14:17 UTC
Downtrend, bouncing off lows · RSI 43 · price 1.39208
Lower highs and lower lows, sharp NY flush then recovery.
NY session drove a sharp flush through 1.39200 to a session low of 1.38989, then buyers stepped in to lift price back to 1.39208 with RSI(14) recovering from oversold near 30. Move follows in-line US CPI and the BoC hold; the 1.39000 round number is holding for now after the sweep.
Support: 1.38989, 1.3900
Resistance: 1.3936
What it said to watch
M15 close below 1.38989 reopens the downside toward 1.3900 and below
Reclaim of 1.39360 swing high negates the lower-high structure
US PPI tomorrow could materially shift this read
14:17 UTC
Downtrend, bouncing off lows · RSI 42 · price 1.39208
Lower highs / lower lows, sweep of session low then snapback.
NY session drove USDCAD off the 1.3935 area down into a sweep of 1.3899 before buyers stepped in, lifting back to 1.3921. The move came as CAD found a bid post-BoC hold despite the firm USD backdrop; structure stays a chain of lower highs into the 1.3925/1.3936 supply band.
Support: 1.38989, 1.39176
Resistance: 1.39253, 1.39361
What it said to watch
M15 close back above 1.39361 prior high negates the lower-high chain
Loss of 1.38989 session low confirms downside continuation
PPI tomorrow 12:30 UTC could materially shift this read
14:02 UTC
Downtrend, sharp late-session leg · RSI 35 · price 1.39162
Lower highs, lower lows into NY.
USDCAD sold off hard through the NY session, sweeping below 1.39000 to a session low of 1.38989 before a shallow bounce to 1.39162 — consistent with a hawkish-hold BoC squeezing stretched USD/CAD longs. RSI cooling near 35 after the drop; the 1.39250 prior swing now caps the recovery.
Support: 1.38989, 1.3900
Resistance: 1.3925, 1.3936
What it said to watch
Reclaim above 1.39250 prior swing would negate the lower-high structure
Failure to hold 1.39000 round opens a retest of the 1.38989 session low
US PPI tomorrow 12:30 UTC could materially shift the USD side of this read
14:02 UTC
Downtrend, sharp leg lower · RSI 38 · price 1.39162
Lower highs and lower lows, fresh session low.
USDCAD broke down through the intraday range during NY hours, spiking lower to 1.38989 as a hawkish-hold BoC tone squeezed stretched longs back toward the 9-day EMA area. Price rejected the 1.38990 low and bounced to 1.39162, with RSI(14) recovering from sub-35; 1.39253 prior swing now caps.
Support: 1.39038, 1.38989
Resistance: 1.39253, 1.39361, 1.3949
What it said to watch
M15 close below 1.38989 extends the lower-low sequence toward 1.3900
Reclaim of 1.39253 negates the breakdown and reopens the range
BoC press conference / US PPI risk could materially shift this read
13:47 UTC
Downtrend, sharp leg lower · RSI 29 · price 1.39096
Range break to the downside, fresh session lows.
USDCAD broke the 1.3940 consolidation floor and accelerated lower into 1.3900 as the soft US core CPI MoM cooled the USD bid alongside the BoC decision. RSI(14) is sub-30 and price sits well below EMA20/50; the late-session leg down stalled right on the 1.3900 psych handle.
Support: 1.3900, 1.39016
Resistance: 1.39237, 1.3936
What it said to watch
Reclaim back above 1.39237 would neutralise the downside break
1.3900 psych is the area to monitor for rejection or a continuation lower
BoC press conference / US CPI fallout still driving the tape this session
13:46 UTC
Downtrend, accelerating · RSI 29 · price 1.39096
Lower highs, lower lows; fresh session low.
USD/CAD broke down through 1.3920 into the BoC/US CPI window, printing a fresh session low at 1.3902 as a CAD relief bid took hold on the in-line CPI. RSI(14) near 29 after the impulsive drop; the descending sequence of lower highs from 1.3969 remains intact.
Support: 1.39016, 1.3900
Resistance: 1.3925, 1.3936, 1.39562
What it said to watch
BoC press conference at 14:30 UTC could materially shift this read
Failure to hold 1.39000 extends the lower-low sequence
USDCAD broke the 1.3925 intraday support during NY hours and printed a fresh session low at 1.39163, RSI(14) near 33. The slide eased CAD off the 1.3969 YTD ceiling, but this comes minutes ahead of the BoC decision and US CPI same-session — both due imminently.
Support: 1.39163, 1.3910
Resistance: 1.39255, 1.3936
What it said to watch
BoC statement (13:45 UTC) and US CPI are imminent — likely to override current structure
M15 close back above 1.39255 negates the breakdown
Failure to hold 1.39163 confirms a lower low
13:31 UTC
Downtrend, accelerating into BoC · RSI 32 · price 1.39176
Lower highs, lower lows; fresh session low.
USDCAD slid to a fresh session low of 1.39163 in the run-up to the BoC decision and US CPI, extending a chain of lower highs through the London-NY transition. RSI(14) is sub-32, short-term stretched but consistent with the directional move; the 1.3938 swing has capped each bounce.
Support: 1.39163, 1.3900
Resistance: 1.3938
What it said to watch
BoC statement (13:45 UTC) and US CPI same-session are imminent and can materially reset this read
M15 close back above 1.3938 breaks the lower-high chain
Failure to hold 1.3916 opens the 1.3900 psych level
13:17 UTC
Downtrend, basing near lows · RSI 45 · price 1.39257
Lower highs from 1.3969, holding session low 1.3922.
USDCAD slid from the 1.39688 session top through the window to a 1.3922 low, now consolidating around 1.3925 into the BoC decision and US CPI. The last bounce was rejected at 1.3938; RSI(14) mid-40s, no momentum extreme.
Support: 1.39222, 1.3920
Resistance: 1.3938, 1.3949, 1.39688
What it said to watch
BoC statement (13:45 UTC) plus US CPI imminent could materially shift this read
M15 close below 1.39222 confirms a lower low toward YTD lows
Reclaim of 1.3938 negates the rejection and reopens 1.3949
13:16 UTC
Downtrend, consolidating near lows · RSI 44 · price 1.39257
Lower highs into session low, basing 1.3922-1.3936.
USDCAD ground down from the 1.39688 session high to a 1.39222 low across the window, now basing between 1.3922 and 1.3936 with RSI(14) mid-range. Price sits below EMA20/EMA50 just ahead of the BoC decision and US CPI in the same session — the dominant catalysts.
Support: 1.39222, 1.39237
Resistance: 1.39361, 1.3949, 1.39566
What it said to watch
BoC statement (13:45 UTC) + US CPI same-session can override this read within the next bar
M15 close below 1.39222 confirms a fresh session lower-low
Reclaim of 1.39361 swing high needed to challenge the lower-high sequence
USDCAD trended lower through London into NY, sweeping the session low at 1.39222 on the US CPI print before snapping back to 1.39374. RSI(14) near 47, ATR ~6 pips; price reclaimed the EMA20 but the descending highs still cap above the 1.39440 ema50.
Support: 1.39263, 1.39222
Resistance: 1.3944, 1.3966
What it said to watch
BoC decision at 13:45 UTC and press conference at 14:30 UTC could materially shift this read
M15 close above the 1.39440 ema50 breaks the descending-highs read; rejection at the 1.39660 session high keeps it intact
Failure to hold the 1.39263 swing low reopens the 1.39222 session low
USDCAD ground lower through the session from the 1.3969 ytd ceiling, bottoming at 1.3922 on the 12:30 UTC US CPI print before a sharp V-recovery to 1.3937. A double bottom around 1.3923 is holding, RSI(14) lifting back to mid-range. BoC decision and CPI fallout land within the hour.
Support: 1.39222, 1.39237
Resistance: 1.3949, 1.39688
What it said to watch
BoC statement 13:45 UTC + press conf 14:30 UTC — could materially shift this read
USDCAD rolled off the early-window YTD-area high near 1.3969 through the London-NY transition, printing a chain of lower highs into a 1.3922 session low. Price is now consolidating in a tight band just above that low as US CPI lands and the BoC decision approaches; follow-through buying of CAD remains absent.
Support: 1.39222, 1.3920
Resistance: 1.39361, 1.3944
What it said to watch
BoC statement 13:45 UTC + press conf 14:30 UTC and US CPI are the dominant catalysts in the next hour
M15 close below 1.39222 confirms a fresh lower-low
Reclaim of 1.39361 swing high needed to break the lower-high chain
12:46 UTC
Downtrend, near session lows · RSI 43 · price 1.39246
Lower highs into 1.3922 session low.
USDCAD drifted off the 1.3969 YTD high through the session in a steady chain of lower highs, parking on the 1.3922 session low; price holds below EMA20/50 with RSI(14) near 43. The tape is coiling ahead of BoC and US CPI, the dominant catalysts now landing.
Support: 1.3922, 1.3900
Resistance: 1.3935, 1.3957, 1.3969
What it said to watch
BoC statement (13:45 UTC) and US CPI same session can override this read entirely
Break below 1.3922 extends the lower-low sequence toward 1.3900
USDCAD topped at 1.3969 in early trade and has ground lower all session, printing a chain of lower highs into the 1.3922 session low. Price sits just under EMA20/50 with RSI(14) near 42 — no extreme — as US CPI prints and the BoC decision looms.
Support: 1.3922, 1.3900
Resistance: 1.3935, 1.3956, 1.3969
What it said to watch
US CPI (12:30 UTC) and BoC decision (13:45 UTC) are dual catalysts that can override this read in the next bars
Break of the 1.3922 session low extends the lower-low sequence
Reclaim of the 1.3956 swing high negates the intraday downtrend
12:31 UTC
Downtrend, grinding lower · RSI 41 · price 1.3926
Lower highs and lower lows since session top at 1.3969.
USDCAD ground down from the session high at 1.3969 to fresh lows at 1.39222, holding a stair-step lower-high pattern below EMA20/50. The 12:30 US CPI print is landing now and BoC follows at 13:45 — both can override this micro-structure on the next bars.
Support: 1.39222, 1.3900
Resistance: 1.3935, 1.3969
What it said to watch
US CPI at 12:30 UTC and BoC at 13:45 UTC are dual catalysts that can void this read
M15 close back above 1.3935 breaks the lower-high sequence
Loss of 1.39222 extends the downtrend toward 1.3900
USDCAD ground lower all session from the NY-session high at 1.39688 to a low of 1.39237, where buyers stepped in twice forming a double-bottom base. Price has recovered to 1.39348 and is back above the EMA20; US CPI (12:30 UTC) and the BoC decision (13:45 UTC) land imminently as the dominant catalysts.
Support: 1.39237, 1.39262
Resistance: 1.3940, 1.39443, 1.39688
What it said to watch
US CPI at 12:30 UTC and BoC at 13:45 UTC — dual catalyst likely to override current structure
Reclaim of 1.39400 intraday high opens path back toward 1.39443
Loss of 1.39237 session low confirms downtrend continuation
12:16 UTC
Downtrend off early high, basing · RSI 53 · price 1.39348
Session decline stalled, micro-recovery underway.
USDCAD slid from the 1.39688 session high to a 1.39237 low, where buyers stepped in twice to form a double bottom, and price has reclaimed EMA20 at 1.39348. ATR sits near 5 pips — but this read is moot into US CPI (12:30 UTC) and the BoC decision (13:45 UTC), both due within the next two hours.
Support: 1.39237, 1.39283
Resistance: 1.3944, 1.39562, 1.39688
What it said to watch
US CPI 12:30 UTC and BoC decision 13:45 UTC will override this intraday structure
Loss of 1.39237 confirms a lower-low and resumes the downtrend
Close above 1.39440 swing high opens the path back toward 1.39562
12:02 UTC
Downtrend, consolidating into catalysts · RSI 48 · price 1.39327
Lower highs into 1.3924 low, basing.
USDCAD ground lower through the London-NY session off the 1.39688 high, printing a low at 1.39237 before basing near 1.3933. Twin taps around 1.3924-1.3925 held, and price is now coiling in a tight 1.3925-1.3935 range ahead of the US CPI / BoC double catalyst.
Support: 1.39237, 1.3920
Resistance: 1.3935, 1.39443
What it said to watch
US CPI 12:30 UTC and BoC 13:45 UTC land within the next bars — dual catalyst likely to break the 1.3925-1.3935 range
Loss of 1.39237 confirms a fresh lower-low and reopens 1.3920
Reclaim of 1.39350 invalidates the near-term consolidation read
12:02 UTC
Downtrend, bouncing off lows · RSI 47 · price 1.39327
Lower highs into session low, early recovery.
USDCAD ground lower through the London-NY transition off the 1.3969 area, basing twice near 1.39237 before a shallow bounce to 1.39327. RSI(14) recovering from oversold lows, price still capped below EMA20/EMA50; US CPI (~28min) and the BoC decision sit directly ahead.
Support: 1.39237, 1.3929
Resistance: 1.3935, 1.3940, 1.39499
What it said to watch
US CPI at 12:30 UTC and BoC at 13:45 UTC are imminent dual catalysts that can override this read
Failure to reclaim 1.39350 keeps the lower-high structure intact
Break below 1.39237 confirms continuation toward the YTD-low zone
11:47 UTC
Downtrend, basing near lows · RSI 46 · price 1.3930
Lower highs off 1.3969, base forming at 1.3924.
USDCAD drifted lower through the session from the early high near 1.3969 toward YTD lows, with a base forming around 1.3924 and a shallow bounce to 1.3930. RSI(14) is neutral near 46; 1.3935 is the immediate cap. US CPI (12:30 UTC) and the BoC decision (13:45 UTC) land within the next two hours.
Support: 1.3924, 1.3900
Resistance: 1.3935, 1.3950, 1.3969
What it said to watch
US CPI in ~45min and BoC at 13:45 UTC are dual catalysts that could break this read
Loss of the 1.3924 session low confirms a fresh lower-low
Close back above 1.3935 intraday cap opens 1.3950 swing pivot
11:46 UTC
Downtrend, drifting off YTD-high zone · RSI 42 · price 1.3930
Lower highs, probing session lows.
USDCAD has eased off the YTD-high zone near 1.3969, carving lower highs through the NY morning and now consolidating just above the session low at 1.39237. RSI(14) sits mid-range around 42, momentum flat ahead of the US CPI and BoC double-catalyst.
Support: 1.39237, 1.3920
Resistance: 1.3935, 1.3949, 1.39688
What it said to watch
US CPI at 12:30 UTC (~45m) and BoC at 13:45 UTC could break this range
M15 close below 1.39237 confirms a lower low
Reclaim of 1.3935 needed to ease the downside pressure
USDCAD bled from the 1.3969 session peak through London hours into a string of lower highs, now consolidating just above the 1.3924 session low. Price sits below EMA20/50 with RSI(14) mid-40s; rejection at 1.3935 capped the latest bounce ahead of the BoC decision.
Support: 1.39237, 1.39193
Resistance: 1.3935, 1.3961
What it said to watch
BoC rate decision 13:45 UTC (~2h) is the dominant catalyst and can reset this read
Loss of 1.3924 confirms continuation toward 1.3919
Reclaim of 1.3935 swing high negates the lower-high sequence
USDCAD has drifted off the 1.3969 session high in a chain of lower highs, with price now basing near 1.39237 where buyers stepped in twice before the bounce to 1.39291. Move is consolidation ahead of the BoC decision at 13:45 UTC, the dominant CAD catalyst.
Support: 1.39237, 1.3920
Resistance: 1.3935, 1.39443, 1.39688
What it said to watch
BoC rate decision in ~2h could materially shift this read
Loss of 1.39237 confirms a fresh lower-low toward 1.3920
Close back above 1.39350 negates the lower-high structure
USDCAD ground lower through the London session from the 1.3969 high to a 1.39237 session low, and is now consolidating around 1.3927 below both EMAs. RSI(14) sits mid-40s after the slide, with buyers stepping in twice near 1.3924. The BoC rate decision is the dominant catalyst sitting just ahead.
Support: 1.39237, 1.3920
Resistance: 1.3935, 1.3940
What it said to watch
BoC decision at 13:45 UTC (~2.5h) could materially shift this read
Loss of 1.39237 confirms a fresh lower-low toward the 1.3920 round number
Reclaim of 1.39350 swing high invalidates the lower-high sequence
USDCAD ground lower through the London session off the 1.3969 day high, printing a descending chain into a 1.39237 session low before a shallow bounce. Price sits mid-range below EMA20/50 with RSI(14) near 42; the pair is consolidating just under the 1.3961 YTD ceiling ahead of major catalysts.
Support: 1.39237, 1.3920
Resistance: 1.3935, 1.3944, 1.39688
What it said to watch
US CPI at 12:30 UTC (~1h) and BoC at 13:45 UTC (~2.5h) can override this read
Close below 1.39237 confirms continuation of the lower-low sequence
Reclaim of 1.39350 challenges the descending resistance
11:02 UTC
Downtrend, slow grind off session high · RSI 44 · price 1.39303
Lower highs into recent low, small bounce.
M15 has ground lower from the London session high at 1.39688, printing a chain of lower highs into a recent low at 1.39237 before a shallow bounce to 1.39303. Price sits below EMA20/50 with RSI mid-range; structure is a slow downtrend stalling near support as the market positions for back-to-back US CPI (~1.5h) and the BoC decision (~2.75h).
Support: 1.39237, 1.39193
Resistance: 1.3940, 1.39562, 1.39688
What it said to watch
M15 close below 1.39237 confirms a fresh lower low and extends the downtrend
Reclaim of the 1.39400 pivot needed to ease the lower-high sequence
US CPI at 12:30 UTC and BoC at 13:45 UTC could materially shift this read
11:02 UTC
Downtrend, drifting into BoC · RSI 41 · price 1.39303
Lower highs, lower lows from session peak.
USDCAD has bled lower through London hours after rejection at the 1.3969 session high, printing a chain of lower highs and lows into the 1.39237 session low. Price sits at 1.3930 with RSI(14) near 41, holding the lower end of the intraday range ahead of the BoC rate decision.
Support: 1.39237, 1.3900
Resistance: 1.3950, 1.39688
What it said to watch
BoC rate decision at 13:45 UTC (~3h) is the dominant catalyst — likely to override current structure
Loss of 1.39237 session low confirms continuation toward the 1.3900 psych level
Reclaim of 1.39500 consol breaks the lower-high sequence
Grinding lower off the 1.39688 London high in a chain of lower highs; price now at session lows near 1.3927. RSI(14) ~40 with no oversold signal and ATR(14) ~5 pips — slow, orderly decline. US CPI (12:30 UTC) and the BoC rate decision (13:45 UTC) both land within ~3h and are the dominant catalysts for the next leg.
Support: 1.39237, 1.3900
Resistance: 1.3935, 1.39443, 1.39688
What it said to watch
Close below 1.39237 confirms a fresh lower low
Reclaim of 1.39350 breaks the lower-high chain
US CPI 12:30 UTC and BoC decision 13:45 UTC could materially shift this read
USDCAD ground lower through the London session after stalling shy of the 1.3961 YTD high, printing a session low at 1.39237 before a shallow bounce to 1.39274. Lower-high chain still intact under the 1.39350 intraday cap as the market waits for the BoC.
Support: 1.39237, 1.3919
Resistance: 1.3935, 1.3942
What it said to watch
BoC rate decision at 13:45 UTC (~3h) is the dominant CAD catalyst and can reshape this read
Close below 1.39237 confirms continuation of the lower-low chain toward 1.39190 prior low
Reclaim of 1.39350 intraday cap challenges the descending trendline
USDCAD has bled lower through the London-NY transition, fading from the 1.39688 session high back to session lows near 1.39237 with RSI(14) in the mid-30s. Steady lower-high chain holds; price sits in consolidation just above the low ahead of US CPI and the BoC decision.
Support: 1.39237, 1.39193
Resistance: 1.39349, 1.39688
What it said to watch
US CPI at 12:30 UTC and BoC at 13:45 UTC could materially shift this read
M15 close below 1.39237 confirms a fresh lower-low
Reclaim of 1.39349 needed to break the lower-high chain
USDCAD has bled lower through the NY session from the 1.3969 high to 1.3926, holding a clean lower-high chain and sitting under both EMAs. Price is consolidating just above the 1.3924 session low ahead of US CPI and the BoC decision, with RSI(14) cooling near 38 but not yet oversold.
Support: 1.39237, 1.39187
Resistance: 1.3940, 1.39688
What it said to watch
US CPI at 12:30 UTC and BoC decision at 13:45 UTC are imminent and can break this range either way
Loss of 1.3924 session low extends the lower-low sequence toward 1.3919
Reclaim of 1.3940 would stall the descending-high structure
USDCAD has bled lower through the London session, posting a fresh session low at 1.39237 with RSI(14) sub-40 but not yet stretched. Price holds well below EMA20/50 after rejecting the 1.39688 range high earlier; consolidation near 2-month lows ahead of US CPI and the BoC decision.
Support: 1.39237, 1.39186
Resistance: 1.3940, 1.39688
What it said to watch
US CPI in ~2.5h (12:30 GMT) and BoC at 13:45 UTC can materially shift this read
M15 close back above 1.39400 negates the lower-high chain
Loss of 1.39186 asia low confirms continuation lower
USDCAD has ground lower off the 1.3969 high through London hours, printing a fresh session low at 1.3924 with price holding below EMA20/50. Move is consolidation-into-decline ahead of US CPI and the BoC hold — both within the next few hours and the dominant catalysts here.
Support: 1.39237, 1.3920
Resistance: 1.3935, 1.39443, 1.3949
What it said to watch
Reclaim of 1.39350 would break the chain of lower highs
Loss of 1.39237 opens the path toward the 1.3920 psych level
US CPI (12:30 UTC) and BoC decision (13:45 UTC) can override this read
USDCAD has bled lower from the 1.3969 swing high into a fresh session low at 1.39254, posting a clean chain of lower highs and lower lows, RSI(14) near 33. Move sits ahead of US CPI (12:30 UTC) and the BoC decision (13:45 UTC), with price consolidation having given way to downside pressure into the events.
Support: 1.39237, 1.39186
Resistance: 1.3935, 1.3949, 1.39688
What it said to watch
Failure to hold 1.39237 confirms continuation of the lower-low sequence
Reclaim of 1.39350 neutralises the intraday downtrend read
US CPI in ~2.5h and BoC in ~3.75h could materially shift this read
USDCAD grinding lower through European hours, carving lower highs and lows after stalling at 1.39688, now pressing the session low at 1.39237 with RSI(14) in the mid-30s. Price sits below EMA20 and EMA50 as the market consolidates lower ahead of US CPI and the BoC decision.
Support: 1.39237, 1.3919
Resistance: 1.3940, 1.3949, 1.39688
What it said to watch
M15 close above 1.39400 breaks the descending lower-high sequence
Failure to hold 1.39237 opens the path toward 1.39190
US CPI 12:30 GMT and BoC 13:45 UTC could materially shift this read
USDCAD ground lower through London hours, printing a fresh session low at 1.3925 after rejection near 1.3944 sustained a lower-high chain. RSI(14) near 32, soft but short of oversold; price action is consolidation drift ahead of the BoC decision.
Support: 1.3925, 1.39193
Resistance: 1.39443
What it said to watch
BoC rate decision in ~4h could materially shift this read
M15 close back above 1.39443 breaks the lower-high chain
USDCAD drifted lower from the 1.3966 session high after rejection short of the 1.3961 YTD ceiling, now pressing fresh session lows at 1.3925 with RSI(14) near 33. Lower-high structure intact as price consolidates ahead of US CPI and the BoC decision.
Support: 1.3925, 1.3919
Resistance: 1.3950, 1.3956, 1.3961
What it said to watch
US CPI (~3h) and BoC decision (~4h) could materially shift this read
Break below 1.3919 confirms the next lower low
Reclaim of 1.3950 negates the downside drift
09:32 UTC
Downtrend, recent leg lower · RSI 40 · price 1.39303
Lower highs, lower lows since the 1.3969 peak.
USDCAD ground lower through the London session from 1.3950, posting a fresh session low at 1.3929 with price now pinned near it. RSI(14) sits sub-40, no oversold flush yet, as the market consolidates pre-BoC.
Support: 1.39291, 1.39187
Resistance: 1.39443
What it said to watch
BoC rate decision at 13:45 UTC is the dominant catalyst — likely to reset this read
Close below 1.3929 session low opens 1.3919
Reclaim of 1.3944 recent high negates the lower-high sequence
09:31 UTC
Intraday downtrend off session high · RSI 40 · price 1.39303
Lower highs, pressing session low.
USDCAD has bled lower through early London, carving lower highs from the 1.3956 session high down to retest the 1.3929 session low, price now hugging it at 1.39303. RSI(14) near 39, no extreme; the consolidation read holds ahead of US CPI and the BoC decision.
Support: 1.39291, 1.39201
Resistance: 1.39443, 1.39561
What it said to watch
M15 close below 1.39291 confirms a lower low and extends the decline
Reclaim of 1.39443 negates the lower-high sequence
US CPI at 12:30 UTC and BoC decision at 13:45 UTC can materially shift this read
09:16 UTC
Downtrend off session high · RSI 38 · price 1.3933
Lower highs into session lows.
USDCAD rolled over from the session high near 1.3969 and has ground out a chain of lower highs back toward the session low at 1.3929, RSI(14) near 38. Price is consolidating just above 1.3930 ahead of the BoC decision.
Support: 1.3929, 1.3920
Resistance: 1.3950, 1.3969
What it said to watch
Loss of 1.3929 confirms a lower-low and exposes 1.3920
Reclaim of 1.3950 breaks the lower-high sequence
BoC rate decision at 13:45 UTC (~4.5h) is the dominant catalyst and can reset this read
09:16 UTC
Drifting lower off session high · RSI 41 · price 1.3933
Lower highs since 1.3968, pressing recent lows.
USDCAD rolled over from the 1.3968 session high and is grinding back toward the 1.3929 session low, holding just shy of the 1.3961 YTD ceiling. Price sits below EMA20 and EMA50 with RSI(14) near 40 — sequence of lower highs since the early-NY peak, consolidation ahead of US CPI and the BoC decision.
Support: 1.3929, 1.3919
Resistance: 1.3949, 1.3961, 1.3968
What it said to watch
US CPI in ~3h and BoC hold in ~4.5h are the dominant catalysts; either can break this range
M15 close below 1.3929 confirms a fresh lower low toward 1.3919
USDCAD rallied through the NY session June 9 to a session high at 1.39688 before drifting lower in a chain of lower highs; price now sits near 1.39339 with RSI(14) mid-range. Buyers stepped in around 1.39291 on the latest dip while the 1.39450 lower-high cap holds.
Support: 1.39291, 1.39187
Resistance: 1.3945, 1.39688, 1.3961
What it said to watch
US CPI 12:30 UTC and BoC decision 13:45 UTC within hours — both can materially shift this read
Close below 1.39291 confirms a fresh lower low toward 1.39187
Reclaim of 1.39450 needed to re-challenge the 1.39688 session high
09:03 UTC
Short-term down, off session high · RSI 40 · price 1.39339
Lower highs after rejection at 1.3969.
USDCAD rejected the 1.39688 session high during the prior NY session and has bled lower through London hours, now pressing the 1.39291 recent low with RSI(14) near 40. Price is consolidating below the 1.3949 prior range, capped by descending highs ahead of the BoC decision.
Support: 1.39291, 1.39187
Resistance: 1.3949, 1.39688
What it said to watch
Break below 1.39291 confirms continuation toward the 1.39187 swing low
Reclaim of 1.3949 negates the lower-high sequence
BoC rate decision (13:45 UTC) and US CPI (12:30 UTC) could reshape this read
08:46 UTC
Intraday downtrend off session high · RSI 41 · price 1.3934
Lower highs since the 1.3969 peak.
USDCAD rolled over from the 1.3969 London high and has drifted lower all session, now pressing the 1.3929 session low with price below EMA20/50. Move sits ahead of US CPI (12:30 UTC) and the BoC decision (13:45 UTC), with consolidation near 1.3950 stalling shy of the 1.3961 two-month high.
Support: 1.3929, 1.3919
Resistance: 1.3944, 1.3962
What it said to watch
Loss of 1.3929 confirms continuation toward the 1.3919 swing low
Reclaim of 1.3944 negates the lower-high sequence
US CPI in ~4h and BoC in ~5h could materially shift this read
USDCAD rallied to a 1.3969 session high during London then bled back to 1.3934, posting a clean chain of lower highs into the Asia-into-London hours. Price holds below EMA20/50 with RSI(14) near 39, sitting just above the 1.3929 recent low as traders sit on hands ahead of the BoC.
Support: 1.3929, 1.3919
Resistance: 1.3950, 1.3969, 1.3961
What it said to watch
BoC decision at 13:45 UTC (~5h) is the dominant catalyst and could override this read
London session drifting lower; price rejected the 1.3968 high overnight and has carved lower highs, printing a fresh session low at 1.3929 on the last bar. RSI(14) near 37, sub-EMA20/50, with the YTD ceiling at 1.3961 keeping a lid on bounces.
Support: 1.3929, 1.3919
Resistance: 1.3957, 1.3961, 1.3968
What it said to watch
BoC rate decision 13:45 UTC (~5h) — statement tone is the catalyst and could override this intraday read
Loss of 1.3929 confirms continuation toward the 1.3919 swing low
Reclaim of 1.3957 lower high invalidates the downtrend read
08:31 UTC
Downtrend, lower highs · RSI 36 · price 1.3932
Lower highs and lower lows off session high.
USDCAD rejected the 1.3968 session high and has carved lower highs and lower lows back to 1.3932, RSI(14) sub-40 but not yet oversold. Price sits below EMA20/50 ahead of US CPI (12:30 UTC) and the BoC decision (13:45 UTC), the dominant intraday catalysts.
Support: 1.3919, 1.3929
Resistance: 1.3950, 1.3968
What it said to watch
Break of 1.3919 session low confirms continuation of the lower-low sequence
Reclaim of 1.3950 swing high invalidates the lower-high structure
US CPI in ~4h and BoC decision in ~5h could materially reset this read
08:17 UTC
Downtrend, fading off session high · RSI 40 · price 1.39343
Lower highs since the 1.3969 peak, probing session lows.
USDCAD rallied through London to a 1.3969 session high before fading back to session lows near 1.3934, slipping under EMA20/EMA50 as the four-day USD run cools. Micro structure is a chain of lower highs into 1.3934, with RSI(14) near 40 — no bottoming signal yet ahead of US CPI and the BoC.
Support: 1.39322, 1.39186
Resistance: 1.39443, 1.3949, 1.39688
What it said to watch
Close below 1.39322 confirms a lower low and extends the fade
Reclaim of 1.39490 negates the lower-high sequence
US CPI 12:30 UTC and BoC decision 13:45 UTC will override this intraday read
08:17 UTC
Downtrend, pulling back into session low · RSI 40 · price 1.39343
Lower highs since the overnight 1.3969 peak, retesting session low.
London faded the overnight rally to 1.3969, with USD/CAD grinding lower through a chain of lower highs back toward the 1.39320 session low. RSI(14) sits around 40, no extreme; price is below both EMAs as the recent rally retraces.
Support: 1.3932, 1.39186
Resistance: 1.3949, 1.39562, 1.39688
What it said to watch
US CPI at 12:30 UTC and BoC at 13:45 UTC could materially shift this read
M15 close below 1.39320 confirms a lower low and opens 1.39186
Reclaim of 1.39490 negates the lower-high sequence
08:02 UTC
Intraday pullback after rejection · RSI 42 · price 1.39377
Lower highs off 1.3966 ceiling.
USDCAD rejected the 1.3966 two-month ceiling and has bled lower through the Asia and early London hours, now testing the 61.8% retrace of the prior leg near 1.3938. Price sits below EMA20/50 with RSI(14) mid-40s; demand stepping in around 1.3932 on the latest dip.
Support: 1.39322, 1.39186
Resistance: 1.39443, 1.3966
What it said to watch
BoC rate decision/statement 13:45 UTC and US CPI 12:30 UTC could materially shift this read
Loss of 1.3932 session low confirms continued lower-low extension
M15 close back above 1.3944 negates the pullback structure
08:02 UTC
Drifting lower off session high · RSI 42 · price 1.39377
Lower highs since 1.3969 peak, mid-range.
USDCAD ran to 1.3969 during London then faded, snapping back below EMA20/50 to print lower highs into 1.3937; price sits mid the 1.3919–1.3969 day range. Rejection near the 1.3966 YTD ceiling held, RSI(14) cooling around 42 with no momentum extreme.
Support: 1.39322, 1.39187
Resistance: 1.39443, 1.39566, 1.3966
What it said to watch
BoC rate decision/statement at 13:45 UTC could materially shift this read
Close above 1.3944 swing high reopens the 1.3966 ceiling test
Break below 1.3932 session low confirms a lower-low toward 1.3919
07:47 UTC
Drifting lower off session high · RSI 39 · price 1.39345
Lower highs since NY peak, testing recent lows.
USDCAD rejected the 1.3966 YTD ceiling during NY and drifted lower through Asia, printing a chain of lower highs into early London now near 1.3934. RSI(14) sits soft around 39 with price under both EMAs; momentum stays heavy unless the 1.3956 lower high is reclaimed.
Support: 1.3932, 1.3919
Resistance: 1.3956, 1.3966
What it said to watch
M15 close below 1.3932 opens the path toward the 1.3919 session low
Reclaim of 1.3956 lower high negates the descending sequence
US CPI 12:30 UTC and BoC decision 13:45 UTC ahead — either can materially reset this read
07:46 UTC
Drifting lower off intraday high · RSI 42 · price 1.39345
Lower highs since 1.3969 peak, testing session lows.
USDCAD has bled lower from the 1.3969 London-session high toward session lows around 1.3934, holding below EMA20/50 as the four-day rally stalls into the BoC decision. Sellers have capped each bounce at progressively lower highs, with RSI(14) mid-40s and no extreme in play.
Support: 1.39338, 1.39193
Resistance: 1.39443, 1.39566, 1.39688
What it said to watch
Loss of 1.3934 confirms continuation toward the 1.3919 swing low
Reclaim of 1.39443 breaks the lower-high sequence
BoC rate decision 13:45 UTC + US CPI 12:30 UTC could materially shift this read
07:32 UTC
Downtrend, fading from session high · RSI 39 · price 1.39375
Lower highs since NY peak, testing 61.8% retrace.
USDCAD drifted off the NY session high at 1.39688, grinding lower through Asia and into London open to sit at the 61.8% retrace near 1.39375. Move stalled short of the 1.3966 YTD ceiling flagged in context; near-term structure is a chain of lower highs into 1.39350 support.
Support: 1.3935, 1.39186
Resistance: 1.3949, 1.39688
What it said to watch
M15 close below 1.39350 opens the path to 1.39186
Close back above 1.39490 challenges the 1.39688 session high
US CPI 12:30 UTC and BoC decision 13:45 UTC could materially reshape this read
Faded from session high, breaking below the mid-session range.
USDCAD faded from the 1.39688 session high to grind back below the 1.3946 mid-session range floor, now testing the session low near 1.3935 with RSI(14) sub-40. Price sits just under EMA20/50 ahead of the BoC decision.
Support: 1.3935, 1.39193
Resistance: 1.3956, 1.39688
What it said to watch
BoC rate decision at 13:45 UTC could materially shift this read
Loss of 1.3935 confirms a lower-low toward 1.39193
Reclaim of 1.3956 negates the range-break read
07:17 UTC
Drifting lower off session high · RSI 43 · price 1.39387
Lower highs, retesting session low.
London morning has ground USDCAD lower off the 1.3956 swing, retracing roughly 61.8% of the prior rally toward the session low at 1.39376 with RSI(14) cooling into the low 40s. A chain of lower highs from 1.39688 caps the upside; price now sits at the base of the recent range.
Support: 1.39376, 1.39187
Resistance: 1.3956, 1.39688
What it said to watch
M15 close below 1.39376 confirms a lower low and opens the 1.39187 swing low
Reclaim of 1.3956 negates the lower-high sequence
US CPI 12:30 UTC (~5h) and BoC decision 13:45 UTC (~6.5h) could materially shift this read
07:16 UTC
Pullback after rally to 1.3969 · RSI 41 · price 1.39387
Lower highs, drifting toward session low.
USDCAD spiked to 1.3969 during the London session then bled lower in a chain of lower highs, now pressing the 1.39376 session low with price below EMA20/50 and RSI(14) near 41. Move sits below the 1.3960-1.3966 YTD ceiling, with US CPI and the BoC decision both due within the next ~7h.
Support: 1.39376, 1.39193
Resistance: 1.39443, 1.39566, 1.39688
What it said to watch
US CPI at 12:30 UTC (~6h) and BoC decision/statement at 13:45 UTC could materially shift this read
Break of 1.39376 session low confirms continuation of the lower-high sequence
Reclaim of 1.39443 recent high needed to challenge the 1.39566 session high
USD/CAD spiked to 1.3969 through the European session then graded back to 1.3942, capped by the 1.3956 pivot and the 1.3960-1.3966 YTD ceiling. RSI(14) cooling near 43 as price holds above the 1.3937 swing low; both BoC (13:45 UTC) and US CPI (12:30 UTC) loom and can override this range.
Support: 1.39376, 1.39187
Resistance: 1.39562, 1.39688, 1.3966
What it said to watch
M15 close below 1.39376 confirms a lower-low and opens the 1.3920 session low
Reclaim of 1.39562 reopens the 1.3969 session high
US CPI 12:30 UTC and BoC 13:45 UTC will materially shift this read
07:02 UTC
Downtrend off London high, momentum slowing · RSI 44 · price 1.39437
Lower highs from 1.3968, consolidating.
USDCAD rallied through London to 1.3968 then bled back, printing lower highs into the Asia-London handover; price now grinds around 1.3944 below both EMAs with RSI(14) mid-40s. The pair stalled just shy of the 1.3960-1.3966 two-month ceiling, snapping its winning streak as safe-haven USD demand softened.
Support: 1.39376, 1.39187
Resistance: 1.39562, 1.3966
What it said to watch
BoC rate decision/statement at 13:45 UTC is the dominant catalyst for the next session
M15 close above 1.39562 reopens the 1.3968 range high
Loss of 1.39376 confirms continuation toward the 1.3919 session low
Lower highs off session peak, grinding toward range floor.
USD/CAD rejected the 1.39688 session high near the 2-month ceiling and has drifted to 1.39387, holding the 61.8% retrace of the prior up-leg from 1.39187. Lower highs into Asia hours with RSI cooling to the low-40s; price sits just above the 1.39376 session low.
Support: 1.39376, 1.39187
Resistance: 1.39566, 1.39688
What it said to watch
Loss of 1.39376 session low confirms a lower-low and opens 1.39187
Reclaim of 1.39566 swing high re-tests the 1.39688 ceiling
US CPI 12:30 UTC and BoC decision 13:45 UTC could materially shift this read
06:46 UTC
Pulling back from session high · RSI 40 · price 1.39387
Lower highs after rejection near 1.3966 ceiling.
USDCAD rejected the 1.3960-1.3966 YTD ceiling after a London push to 1.39688, then ground lower into the 1.3945-1.3956 zone and broke down to 1.39376. Price now sits on the 61.8% retrace of the prior 1.39193-1.39688 leg, RSI sub-40, below EMA20/50.
Support: 1.39376, 1.3932, 1.39193
Resistance: 1.3949, 1.3966
What it said to watch
Break and hold below 1.39376 opens 1.3932 then 1.3919 range low
Reclaim of 1.39490 negates the lower-high read
US CPI 12:30 UTC and BoC decision 13:45 UTC will materially reset this read
06:32 UTC
Rangebound, drifting off the highs · RSI 42 · price 1.3942
Rejected at YTD ceiling, easing back into mid-range.
USDCAD pushed to 1.3969 during the NY session before rejecting at the 1.3966 YTD ceiling, then drifted lower through Asia to 1.3942 with price now sitting under EMA20/50. Holding the 50% retrace of the prior up-leg, RSI(14) near 42 — no momentum extreme, range intact between 1.3940 and 1.3956.
Support: 1.39395, 1.39186
Resistance: 1.3956, 1.3966
What it said to watch
US CPI 12:30 UTC and BoC 13:45 UTC within ~6-7h — both could materially shift this read
Loss of 1.39395 session low opens the 1.39186 swing low
A reclaim of 1.39560 reopens the 1.3966 ceiling test
06:32 UTC
Pullback lower after rally · RSI 41 · price 1.3942
Lower highs off 1.3969 peak, testing session lows.
USDCAD drifted off the 1.3969 London high through the Asia-into-London hours, printing lower highs and now retesting 1.3940 session support, with price below EMA20/50 and RSI(14) near 41. The pair stalled below the 1.3966 YTD ceiling flagged into the BoC decision.
Support: 1.3940, 1.3919
Resistance: 1.3956, 1.3966
What it said to watch
M15 close below 1.3940 opens the path toward the 1.3919 swing low
Reclaim of 1.3956 needed to ease the pullback
BoC statement (13:45 UTC) and US CPI (12:30 UTC) could materially shift this read
06:16 UTC
Fading from session high · RSI 42 · price 1.3942
Lower highs since 1.3969 peak.
USD/CAD was rejected at the 1.3966-1.3969 YTD ceiling during the NY session and has bled back to 1.3942, printing lower highs into the Asian hours ahead of BoC. RSI(14) sits soft near 42 with price below both EMAs; session low at 1.3940 is being pressured.
Support: 1.3940, 1.3919
Resistance: 1.3956, 1.3966
What it said to watch
Loss of 1.3940 opens a retest of the 1.3919 swing low
Reclaim of 1.3956 needed to neutralise the lower-high sequence
US CPI (~6h) and BoC decision today could materially shift this read
06:16 UTC
Downtrend, grinding off session high · RSI 43 · price 1.3942
Lower highs after rejection at 1.3968 ceiling.
USDCAD stalled at the 1.3966 ytd ceiling early in the London session and has bled back to 1.3942, printing lower highs with price below both EMA20 and EMA50. RSI(14) near 43 reflects the soft drift; the move is the ~50% retrace of the 1.3919-1.3968 leg.
Support: 1.3940, 1.3919
Resistance: 1.3956, 1.3966
What it said to watch
US CPI 12:30 UTC and BoC decision 13:45 UTC could materially shift this read
Close above 1.3956 challenges the lower-high sequence
Loss of 1.3940 opens the path back toward 1.3919
06:02 UTC
Pullback after NY rally, drifting lower · RSI 41 · price 1.39425
Lower highs into 50% retrace of up-leg.
USDCAD faded through the thin Asian session from the 1.3969 NY high back to ~1.3942, a clean 50% retrace of the prior up-leg, with RSI(14) near 41 and price below EMA20/50. Lower highs cap the recovery as the pair sits just above the 1.3941 session low.
Support: 1.3941, 1.39187
Resistance: 1.3949, 1.39566, 1.39688
What it said to watch
Loss of 1.39410 opens the 1.39187 swing low
Reclaim of 1.39566 needed to retest the 1.3969 range high
US CPI 12:30 UTC and BoC decision 13:45 UTC ahead can override this read
NY session drove a clean leg from the 1.39193 swing low to a 1.39688 high, then stalled and consolidated through the Asian range between 1.3945 and 1.3956. Early London is probing the lower edge near 1.3942 with price below EMA20 and RSI(14) cooling around 40.
Support: 1.3941, 1.39193
Resistance: 1.3949, 1.39562, 1.39688
What it said to watch
M15 close back above 1.3949 ema20 reopens the 1.39562/1.39688 highs
Break below 1.3941 session low exposes the 1.39193 swing low
US CPI (12:30 UTC) and BoC decision (13:45 UTC) can override this range read
NY session ran 1.39187 up to 1.39688 before the move stalled; price has since coiled and bled lower into the Asia session, now probing the 1.39410 session low on thin volume. Sits near the 0.5 retrace of that leg with RSI(14) around 41 — no momentum either way intraday.
Support: 1.3941, 1.39187
Resistance: 1.3956, 1.39688
What it said to watch
M15 close below 1.39410 opens the path toward the 1.39187 swing low
Reclaim of 1.39560 needed to re-test the 1.39688 range high
BoC rate decision 13:45 UTC could materially shift this read
05:47 UTC
Rolled over from session high, drifting lower · RSI 42 · price 1.39428
Lower highs since 1.3969 peak, retesting session low.
USDCAD peaked at the 1.3969 session high during NY and has drifted lower through Asia, now retesting the 1.3941 session low with price below EMA20/50. RSI(14) sits mid-40s and ATR has compressed; lower highs are stacking under the 1.3956 cluster as the loonie consolidated off the 1.3961 two-month ceiling.
Support: 1.3941, 1.39193
Resistance: 1.39562, 1.39688
What it said to watch
BoC decision 13:45 UTC and US CPI 12:30 UTC could materially shift this read
Break below 1.3941 session low opens the path to 1.3919 swing low
Close above 1.3956 prior high reasserts the upside
05:32 UTC
Rally faded, now ranging · RSI 44 · price 1.39452
Tight Asian range under NY high.
NY session pushed USDCAD into the 1.3969 two-month ceiling before fading; Asia has since coiled in a tight 1.3945-1.3956 band on minimal volume. Price sits at the range floor with RSI near neutral. US CPI (12:30 UTC) and the BoC decision (13:45 UTC) are the dominant near-term risks.
Support: 1.39446, 1.39187
Resistance: 1.39562, 1.39688
What it said to watch
M15 close below 1.39446 opens the path to the 1.3920 area
Reclaim of 1.39562 range top puts the 1.3969 ceiling back in play
US CPI 12:30 UTC and BoC 13:45 UTC will likely break this range
05:32 UTC
Range after rally faded · RSI 46 · price 1.39452
Consolidation below YTD ceiling.
USDCAD is coiling in a tight 1.3944-1.3956 band through the Asia session after the NY push to 1.3969 faded and the four-day climb stalled. RSI(14) sits mid-range and ATR has compressed, with the YTD ceiling near 1.3966 still untested overhead. BoC decision at 13:45 UTC is the catalyst into the next leg.
Support: 1.39442, 1.39187
Resistance: 1.3956, 1.3966
What it said to watch
BoC rate decision at 13:45 UTC is the dominant near-term risk
Close above 1.3956 reopens the 1.3966 ytd ceiling
Break below 1.3944 range low confirms a lower low
05:17 UTC
Pullback from highs, now flat · RSI 49 · price 1.39483
Consolidation under session high after retrace.
USDCAD rallied to a 1.39688 session high during late NY then faded, with the Asian session coiling tightly between 1.39447 and 1.39560. Price sits near the 0.382 retrace of that leg at 1.39483, RSI(14) flat near 49 — no momentum in either direction with the YTD ceiling at 1.3960-1.3966 still untested from below.
Support: 1.39447, 1.39186
Resistance: 1.3956, 1.39688, 1.3966
What it said to watch
BoC rate decision/statement 13:45 UTC and presser 14:30 UTC could break the range
US CPI 12:30 UTC is a two-way risk for this read
Close above 1.39560 reopens the 1.39688 session high
Loss of 1.39447 confirms a lower-low and resumes the pullback
05:16 UTC
Sideways after pullback from highs · RSI 49 · price 1.39483
Tight range under the 1.3966 ceiling.
USDCAD is coiling near 1.3948 after rejecting the 1.3966 two-month ceiling earlier in the window and slipping off its 1.39688 high. Price has been pinned in a tight 1.3945-1.3956 band through Asian hours with RSI(14) flat near 49 — no setup in play ahead of the BoC decision.
Support: 1.3945, 1.3919
Resistance: 1.3956, 1.3966
What it said to watch
BoC rate decision 13:45 UTC then press conference 14:30 UTC could materially shift this read
Close above 1.3956 reopens the 1.3966 two-month ceiling
Loss of the 1.3945 range floor exposes the 1.3919 session low
USDCAD rallied off 1.39190 to a 1.39688 swing high before stalling, and has since coiled in a tight 1.39450-1.39560 band through the quiet Asia session. RSI(14) sits near 46 with ATR compressed to ~3.5 pips — no directional development with price hugging the lower half of the range.
Support: 1.3945, 1.3919
Resistance: 1.3956, 1.3966
What it said to watch
US CPI at 12:30 UTC and BoC decision at 13:45 UTC could materially shift this read
M15 close above 1.39560 reopens the 1.39660 ytd ceiling
Failure to hold 1.39450 exposes the lower rally levels toward 1.39190
05:02 UTC
Consolidating after intraday rally · RSI 47 · price 1.39478
Tight range under session high.
USDCAD rallied off the 1.3919 swing low to a 1.3969 high, then faded and has spent the Asian session coiling in a tight band between 1.3945 and the 1.39566 session high. RSI(14) is flat near 47 with price pinned to its EMAs — no setup in play ahead of the BoC decision.
Support: 1.3945, 1.39187
Resistance: 1.39566, 1.3966
What it said to watch
BoC rate decision 13:45 UTC and presser 14:30 UTC could materially shift this read
Break and hold above 1.3966 ytd ceiling opens further upside
Loss of 1.3945 session low exposes the 1.39187 swing low
04:46 UTC
Range, momentum flat · RSI 49 · price 1.39489
Consolidation below YTD ceiling.
USDCAD is ranging 1.3946–1.3956 in quiet Asian-session trade after fading the 1.3968 intraday high, RSI(14) flat near 50. Volume has thinned and price sits pinned to its EMAs ahead of the BoC decision, where statement tone is the catalyst.
Support: 1.3946, 1.39193
Resistance: 1.3956, 1.3966
What it said to watch
BoC rate decision/statement at 13:45 UTC could materially shift this read
Close above 1.3956 reopens the 1.3966 ytd ceiling
Failure to hold 1.3946 exposes the 1.39193 swing low
04:46 UTC
Rally stalled, now ranging · RSI 49 · price 1.39489
Consolidation under session high.
London/NY rally to 1.3969 stalled at the YTD ceiling (1.3960-66 zone) and price has since drifted into an Asia-session range between 1.3946 and 1.3956. RSI(14) sits neutral near 48, with price flat against EMA20/50 — no directional development.
Support: 1.3946, 1.3920
Resistance: 1.3956, 1.3969
What it said to watch
BoC rate decision 13:45 UTC could materially shift this read
M15 close above 1.3956 reopens the 1.3969 session high
Loss of 1.3946 exposes the 1.3920 swing low
04:32 UTC
Range after rally faded · RSI 45 · price 1.39477
Consolidation below 1.3957 range top.
USDCAD spiked to 1.39688 then faded, snapping the rally and settling into a tight 1.3945–1.3957 range with RSI(14) neutral near 45. Price is grinding the lower half of that box ahead of the BoC decision, with sellers capping near the range top.
Support: 1.39447, 1.39429, 1.39187
Resistance: 1.39566, 1.39688
What it said to watch
M15 close above 1.39566 reopens the path to 1.39688
Loss of 1.39447 confirms a lower-low and exposes 1.39429
BoC rate decision/statement at 13:45 UTC could materially reshape this read
04:31 UTC
Range after London rally faded · RSI 45 · price 1.39477
Consolidating below 1.3956, holding above 1.3946.
USDCAD spiked to 1.39688 during London then faded into a tight Asian-session range between 1.3946 and 1.3956, with price now drifting the lower half near 1.3948. RSI(14) is neutral and ATR has compressed — quiet pre-event tape ahead of US CPI and the BoC decision.
Support: 1.3946, 1.3919
Resistance: 1.3956, 1.3966, 1.39688
What it said to watch
BoC rate decision/statement at 13:45 UTC (~9h) is the dominant catalyst for this read
US CPI at 12:30 UTC (~8h) can re-arm or unwind the USD bid
M15 close above 1.3956 reopens the 1.3966 ceiling; loss of 1.3946 exposes 1.3919
04:16 UTC
Rally stalled, now consolidating · RSI 48 · price 1.39484
Range after impulsive London leg up.
USDCAD ran from the 1.3919 swing low to 1.3969 during the prior London-NY hours, stalling just shy of the 1.3966 ytd ceiling, then settled into a 1.3945-1.3956 range through the Asia session. RSI(14) is neutral near 48 and price is hugging the EMA20 with no momentum either way.
Support: 1.3945, 1.3919
Resistance: 1.3956, 1.39688, 1.3966
What it said to watch
M15 close above 1.3956 reopens the 1.3969 swing high and ytd ceiling
Loss of 1.3945 floor exposes the 1.3919 swing low
US CPI (12:30 UTC) and BoC decision (13:45 UTC) ahead — both can override this intraday range
04:16 UTC
Range after rally, momentum flat · RSI 49 · price 1.39484
Consolidation below the 1.3969 swing high.
USDCAD ran to a 1.3969 two-month swing high during London hours, then settled into a tight 1.39447–1.39560 range as the Iran-Israel haven bid eased. Price is pinned mid-range near the EMA50 with RSI flat around 48 — no setup in play into the Asia session.
Support: 1.39447, 1.3942
Resistance: 1.3956, 1.3966, 1.39688
What it said to watch
M15 close above 1.39560 range top reopens the 1.39660 ytd ceiling
Loss of 1.39447 range low exposes the 1.39420 swing low
BoC statement/rate decision at 13:45 UTC could materially shift this read
04:02 UTC
Range after pullback from 2-month high · RSI 47 · price 1.39461
Consolidating below 1.3966 ceiling.
USDCAD ranging 1.3946–1.3956 in the Asia session after rejection near the 1.39688 swing high snapped the prior leg up. RSI(14) sits mid-range and price hugs the range floor at 1.3946; the 1.3966 YTD ceiling caps overhead with the BoC decision and US CPI both due later today.
Support: 1.3946, 1.39187
Resistance: 1.3956, 1.3966, 1.39688
What it said to watch
Close above 1.3966 ytd ceiling opens path back toward the swing high
Failure to hold 1.3946 range floor exposes 1.39187 swing low
BoC statement (13:45 UTC) and US CPI (12:30 UTC) can materially shift this read
Price is consolidating 1.3944–1.3956 through the Asia session after a prior-session spike to 1.39688, the two-month ceiling. RSI(14) sits neutral near 45 with the pair drifting along the lower edge of the range; no setup in play.
Support: 1.3944, 1.39187
Resistance: 1.3956, 1.39688
What it said to watch
M15 close above 1.3956 reopens the 1.39688 ceiling
Loss of 1.3944 exposes the 1.3920 swing area
US CPI 12:30 UTC and BoC decision 13:45 UTC are major catalysts later in the session
03:46 UTC
Pullback from session high, now ranging · RSI 48 · price 1.39488
Consolidating below 1.3956 after rejection at 1.3969.
USDCAD rallied to a 1.3969 session high during NY hours then faded, snapping the four-day grind into the 1.3960-1.3966 YTD ceiling. Price is now coiling in a tight 1.3946-1.3956 band, RSI(14) neutral near 47. BoC decision (~10h) is the catalyst that defines the next leg.
Support: 1.3946, 1.3932, 1.3919
Resistance: 1.3956, 1.39688
What it said to watch
BoC rate decision + statement ~10h ahead can materially shift this read
Close above 1.3956 reopens the 1.3969 session high and the 1.3960-1.3966 ceiling
Loss of 1.3946 range floor exposes 1.3932
03:46 UTC
Uptrend stalled, now ranging · RSI 47 · price 1.39488
Consolidation under session high after rejection.
London pushed USDCAD up to the 1.3966 YTD ceiling before rejection, and the Asia session has since coiled in a tight 1.3946-1.3956 band around the EMAs. RSI(14) is neutral near 47 with momentum flat into the BoC decision.
Support: 1.3946, 1.3919
Resistance: 1.3956, 1.3966
What it said to watch
BoC rate decision 13:45 UTC + presser 14:30 UTC could materially shift this read
Break and hold above 1.3966 reopens the upside; failure to hold 1.3946 exposes 1.3919
US CPI today is a cross-driver for the USD leg
03:32 UTC
Uptrend stalled, ranging · RSI 47 · price 1.39484
Consolidation in upper half of NY range.
USDCAD rallied through NY hours from 1.3919 to a 1.3968 high before fading, and the Asian session is now consolidating in a tight 1.3945–1.3957 band just below the YTD ceiling. RSI(14) sits mid-range near 46 with ATR around 5 pips — no momentum either way ahead of today's BoC decision.
Support: 1.39454, 1.39187
Resistance: 1.39566, 1.39666, 1.3960
What it said to watch
BoC rate decision 13:45 UTC and CPI 12:30 UTC are the next-bar catalysts
Close above 1.39666 puts the 1.3960 ytd ceiling in play for a break
Loss of 1.39454 range low opens the path back toward 1.39187
USDCAD ran to 1.3966 during NY hours then stalled below the 1.3960-1.3966 YTD ceiling, and has consolidated 1.3946-1.3956 through the Asia session. RSI(14) neutral near 46, price drifting along the EMAs with no momentum either way as the tape coils into the BoC decision.
Support: 1.3946, 1.3943, 1.3920
Resistance: 1.3956, 1.3966
What it said to watch
BoC rate decision/statement at 13:45 UTC is the next catalyst — tone, not the held rate, drives the next leg
M15 close above 1.3956 reopens the 1.3966 ceiling test
Loss of 1.3946 confirms a lower-low and breaks the range floor
03:17 UTC
Ranging after pullback from session high · RSI 46 · price 1.39462
Consolidation between 1.3946 and 1.3956.
Asia-session USD/CAD has pulled back from the 1.39688 swing high and is grinding the lower edge of a tight 1.3946–1.3956 range, RSI(14) neutral near 46. Supply capped repeatedly at 1.3956 while the move stalls just above the 50% retrace of the prior leg up.
Support: 1.39455, 1.39186
Resistance: 1.3956, 1.3966
What it said to watch
M15 close below 1.39455 opens the path back toward the 1.3919 swing low
Reclaim of 1.3956 needed to re-test the 1.3966 prior high
BoC rate decision 13:45 UTC could materially shift this read
03:16 UTC
Rangebound after pullback from highs · RSI 44 · price 1.39462
Consolidating below 1.3956, off the 1.39688 high.
Quiet Asia-session tape, ranging 1.3943-1.3956 after fading the 1.39688 high set in the prior session. Price sits at the lower edge of the box with RSI(14) neutral and thin volume into the close.
Support: 1.3943, 1.39187
Resistance: 1.3956, 1.39688
What it said to watch
M15 close below 1.3943 exposes the 1.39187 swing low
Reclaim of 1.3956 reopens the 1.39688 range high
US CPI (12:30 UTC) and BoC decision (13:45 UTC) ahead can break this range
03:02 UTC
Ranging, mid-range drift · RSI 52 · price 1.39506
Consolidation after rejection from session high.
USDCAD rejected the 1.39688 session high and has coiled between 1.3946 and 1.39566 through the Asian session, with price now mid-range near 1.3950 and RSI(14) flat around 52. The earlier London-NY pop off the 1.3919 swing low has stalled into balance ahead of US CPI and the BoC decision.
Support: 1.3946, 1.39193
Resistance: 1.39566, 1.39688
What it said to watch
M15 close above 1.39566 reopens the 1.39688 session high
Loss of 1.3946 exposes the 1.39193 swing low
US CPI 12:30 UTC and BoC 13:45 UTC could materially shift this read
Rangebound below session high after NY rally faded.
USDCAD ran to a session/YTD high near 1.3969 during NY hours then faded, with sellers rejecting the ceiling; Asia hours have it consolidating in a tight 1.3946–1.3956 band, RSI(14) neutral near 51. Price is hovering at EMA20 with EMA50 below.
Support: 1.3946, 1.39187
Resistance: 1.3956, 1.39688
What it said to watch
M15 close above 1.39560 reopens the path to the 1.3969 session high
Failure to hold 1.39460 confirms a lower-low and breaks the range
US CPI at 12:30 UTC and BoC decision at 13:45 UTC could materially shift this read
02:46 UTC
Uptrend stalled, ranging · RSI 46 · price 1.39476
Consolidation under session high after rejection.
USDCAD spiked to 1.39688 near the YTD ceiling during the prior session then rejected, and has since chopped in a 1.3946–1.3956 band. Price now sits at the range floor with RSI(14) mid-40s; the broader up-leg off 1.39193 holds while 1.3946 survives.
Support: 1.3946, 1.39193
Resistance: 1.3956, 1.39688
What it said to watch
M15 close below 1.39460 opens a retest of the 1.39193 swing low
Reclaim of 1.39560 puts the 1.39688 ceiling back in play
US CPI 12:30 UTC and BoC decision 13:45 UTC could materially reshape this read
02:46 UTC
Range after intraday rally · RSI 44 · price 1.39476
Consolidating below session high, holding range.
USDCAD rallied off the 1.39187 session low to tag 1.39688 near the YTD ceiling, then rejected and has spent the last ~6 hours ranging 1.39455–1.39560 through the quiet Asia session. Price now sits at the lower edge near 1.39476 with RSI(14) mid-range; no setup in play.
Support: 1.39455, 1.39187
Resistance: 1.3956, 1.39613, 1.39688
What it said to watch
M15 close above 1.39560 reopens the 1.39613–1.39688 ceiling
Loss of 1.39455 exposes the 1.39187 session low
US CPI 12:30 UTC and BoC decision 13:45 UTC will override this range read
Consolidation under session high, pressing range low.
USDCAD spiked to a session high of 1.39688 during NY hours then rejected, consolidating 1.3947-1.3957 through the Asia session and now pressing the lower edge near 1.3946. RSI(14) sits mid-range with price under both EMAs; ATR is thin at ~4.6 pips into the quiet Asian range.
Support: 1.39434, 1.39322, 1.39186
Resistance: 1.39566, 1.39688
What it said to watch
Close below 1.39434 range low opens session low at 1.39186
Reclaim of 1.39566 range top reopens the 1.39688 session high
BoC rate decision at 13:45 UTC is the primary CAD catalyst and could reset this read
USDCAD pushed to a YTD ceiling near 1.3966 during the prior session then settled into a 1.3940–1.3956 range, now drifting at the lower edge with RSI(14) mid-band. Buyers held 1.3940 repeatedly through the Asian hours while the 1.3956 top capped attempts higher.
Support: 1.3940, 1.39193
Resistance: 1.3956, 1.39613
What it said to watch
M15 close below 1.3940 opens the path back toward 1.3919 session low
Reclaim of 1.3956 puts the 1.3961/1.3966 YTD ceiling back in play
BoC rate decision at 13:45 UTC could materially shift this read
02:17 UTC
Rally faded, now ranging · RSI 46 · price 1.39481
Consolidation under session high after pullback.
NY drove USDCAD up to a 1.39688 session high before fading, and Asia hours have penned price into a tight 1.3948-1.3956 band with RSI(14) neutral near 46. Current bar sits on the 1.3948 range floor, ATR(14) ~5 pips reflecting the quiet pre-decision tape.
Support: 1.3948, 1.39186
Resistance: 1.3956, 1.39688
What it said to watch
M15 close below 1.3948 opens the path back toward the 1.39186 swing low
Close above 1.3956 reopens the 1.39688 session high
BoC rate decision at 13:45 UTC is the primary catalyst and can override this range read
02:17 UTC
Range after rally, momentum flat · RSI 46 · price 1.39481
Consolidating below YTD ceiling after impulsive leg up.
USDCAD rallied from 1.3919 to a 1.39688 session high during the London session, then stalled and rejected the 1.39613 YTD ceiling, drifting back into a 1.3948-1.3956 band. Price now sits mid-range at 1.39481 with RSI(14) neutral near 46 — no momentum either way ahead of the BoC decision.
Support: 1.39473, 1.39187
Resistance: 1.39613, 1.39688
What it said to watch
BoC rate decision 13:45 UTC is the primary CAD catalyst — likely to break this range
US CPI 12:30 UTC could shift the read before the BoC
M15 close above 1.39613 reopens the path to the 1.39688 session high
Failure to hold 1.39473 exposes the lower band toward the 1.39187 swing low
02:02 UTC
Sideways after rejection from highs · RSI 49 · price 1.39499
Consolidating below session resistance.
USDCAD spiked to 1.39688 during the London-NY session, just shy of the 1.39613 two-month high, then was rejected and has since consolidated 1.3947-1.3956 through the Asia session. RSI(14) sits mid-range near 49 with price churning around its EMAs ahead of the BoC decision.
Support: 1.39468, 1.39193
Resistance: 1.39566, 1.39613
What it said to watch
BoC rate decision at 13:45 UTC is the dominant catalyst — likely to break this consolidation
Close above 1.39566 session high reopens the 1.39613 two-month ceiling
Failure to hold 1.39468 swing low exposes the 1.39193 session low
02:02 UTC
Ranging near range top · RSI 51 · price 1.39499
Consolidation after NY rally off 1.3919.
Asia session churning in a tight 1.3947-1.3957 band after the prior NY session rallied off 1.3919 to a 1.39688 session high. RSI(14) flat near 50, ATR(14) ~5 pips — no momentum in play, price coiling below the range top into the BoC decision.
Support: 1.39468, 1.3932
Resistance: 1.39566, 1.39688
What it said to watch
M15 close above 1.39566 reopens the 1.39688 session high
Failure to hold 1.39468 swing low exposes the 1.39320 pivot
BoC rate decision 13:45 UTC is the dominant CAD catalyst and could override this range read
01:47 UTC
Ranging near range top · RSI 52 · price 1.3951
Consolidation below 1.3966 after Europe rally.
USDCAD rallied off the 1.3919 low into Europe to tag 1.3969, then stalled and is now consolidating 1.3948–1.3962 through the quiet Asian session with RSI(14) flat near 52. The 1.3966 YTD ceiling caps the upside while demand keeps reappearing near 1.3948.
Support: 1.3948, 1.3919
Resistance: 1.3962, 1.3966
What it said to watch
Close above 1.3966 opens fresh 2026 highs
Loss of 1.3948 reopens the path back toward 1.3919
BoC rate decision (13:45 UTC) and US CPI (12:30 UTC) are the day's catalysts
01:46 UTC
Rally faded, now consolidating · RSI 51 · price 1.3951
Rejection at range top, churning sub-1.3966.
USDCAD pushed to a two-month high at 1.39688 during NY hours then rejected the 1.3966 YTD ceiling, sliding back to consolidate around 1.3950. RSI(14) is neutral near 51 and price is hugging the EMAs — a coiled range into the BoC decision.
Support: 1.3947, 1.3919
Resistance: 1.3956, 1.3966
What it said to watch
BoC rate decision/statement at 13:45 UTC is the dominant catalyst and can break this range
M15 close above 1.3966 opens the path to fresh 2026 highs
Failure to hold 1.3947 reopens the move toward the 1.3919 swing low
01:32 UTC
Up off lows, now consolidating · RSI 53 · price 1.39518
Consolidation below two-month high.
USD/CAD rallied from the 1.3919 swing low to 1.39688 during US hours as late risk-off revived the safe-haven USD bid. Asia session is now consolidating in a tight 1.3949-1.3956 band, RSI(14) neutral near 53, with the 1.39613 two-month high capping the upside.
Support: 1.39474, 1.39187
Resistance: 1.39613, 1.39688
What it said to watch
M15 close above 1.39613 opens the session high at 1.39688
Loss of 1.39474 risks a return toward the 1.3919 swing low
BoC decision Wed 13:45 UTC is the primary CAD catalyst this week
Consolidating below two-month high after NY rally.
USDCAD ripped through NY hours from 1.39186 to a two-month high at 1.39688, then drifted into a tight 1.3947–1.3956 consolidation through Asia as risk-off USD demand returned. RSI(14) has cooled to mid-range; the two-month high overhead remains untested since the pullback.
Support: 1.3947, 1.3928, 1.39186
Resistance: 1.3956, 1.3966
What it said to watch
M15 close above 1.39660 reopens the two-month high break
Loss of 1.39470 confirms a lower-low and breaks the consolidation
US CPI 12:30 UTC and BoC decision 13:45 UTC ahead — either could reset this read
Range after impulsive rally; holding above 1.3948.
London drove an impulsive leg off the 1.39187 swing low into the 1.39688 session high, just above the 1.39613 two-month high. NY and the Asia open since faded into a 1.3948–1.3960 consolidation, RSI(14) cooling to the low-50s as price retests the breakout zone from above.
Support: 1.3948, 1.39187
Resistance: 1.39613, 1.39688
What it said to watch
M15 close above 1.39613 reopens the two-month high and YTD peak
Loss of 1.3948 session low confirms a deeper pullback toward 1.3920
US CPI (12:30 UTC) and BoC decision (13:45 UTC) ahead could materially shift this read
USDCAD rallied off the 1.39186 dip to print 1.39688, just shy of the noted 1.3966 two-month high, before settling into a tight Asian-session range around 1.3950. Price is now chopping between 1.39468 and 1.39567 with RSI(14) mid-band; no setup in play.
Support: 1.39468, 1.39418, 1.39186
Resistance: 1.39567, 1.39661, 1.39688
What it said to watch
Sustained M15 close above 1.39567 reopens the 1.39661/1.39688 highs
Loss of 1.39468 confirms a lower-low and shifts the read to range
BoC rate decision Wed 13:45 UTC could materially shift this read
01:03 UTC
Uptrend stalling near highs · RSI 49 · price 1.3948
Consolidation under two-month high after NY rally.
USDCAD spiked to 1.39688 during NY hours then faded, now chopping 1.3948-1.3956 just under the 1.39613 two-month high into the Asian session. RSI(14) back near 49 as the move cooled; price sits below EMA20 but holds above EMA50.
Support: 1.39468, 1.39186
Resistance: 1.39613, 1.39688
What it said to watch
M15 close above 1.39613 reopens the path toward the 1.39688 swing high
Loss of 1.39468 pullback low shifts the read back toward the 1.39186 session low
BoC decision Wed 13:45 UTC is the dominant CAD catalyst and could reset this read
01:02 UTC
Uptrend stalling, pullback into range · RSI 48 · price 1.3948
Consolidating below NY session high.
USDCAD rallied from 1.3919 to 1.3968 through the NY session then faded, with the 1.3966 two-month high rejected and price now consolidating 1.3943-1.3957. RSI(14) is neutral near 48 as the move catches breath just below the YTD peak.
Support: 1.3943, 1.3919
Resistance: 1.3957, 1.3966
What it said to watch
Break and hold above 1.3966 opens further upside toward the YTD peak
Loss of 1.3943 range floor confirms deeper pullback toward 1.3919
BoC rate decision Wed 13:45 UTC could materially shift this read
00:46 UTC
Range, momentum flat · RSI 52 · price 1.39539
Consolidation below 2-month high.
NY session drove USD/CAD up to a 2-month high at 1.39688 before sellers capped the move; price has since drifted into a tight 1.39475-1.39566 range through thin Asian hours. RSI(14) flat near 52, no setup in play mid-range.
Support: 1.39475, 1.39193
Resistance: 1.39566, 1.39688
What it said to watch
Close above 1.39566 puts the 1.39688 2mo high back in play
Loss of 1.39475 range low opens the downside
BoC decision Wed 13:45 UTC is the primary CAD catalyst this week
00:46 UTC
Uptrend stalling near 2mo high · RSI 53 · price 1.39539
Consolidating below session high after rejection.
USDCAD rallied through the London session to a 2mo high at 1.39688 before rejecting, and has since coiled in a 1.3947–1.3960 range through the Asia session. RSI(14) is neutral near 53 with price holding above EMA20 and EMA50; the 1.39613 two-month high caps upside while 1.3947 has held repeatedly.
Support: 1.39468, 1.39187
Resistance: 1.39613, 1.39688
What it said to watch
M15 close above 1.39613 reopens the 1.39688 session high and YTD peak
Loss of 1.39468 swing low exposes 1.39187 session low
BoC rate statement (Wed 13:45 UTC) is the primary CAD catalyst — tone could materially shift this read
USDCAD rallied off 1.39187 into the 1.39688 swing high through the NY session, then settled into a consolidation between 1.39455 and 1.39566. RSI(14) sits neutral near 50 and price is pinned just below two-month highs, with BoC priced for a hold leaving tone as the swing factor.
Support: 1.39455, 1.39187
Resistance: 1.39566, 1.39613, 1.39688
What it said to watch
Close above 1.39566 reopens the 1.39613/1.39688 highs
Loss of 1.39455 session low breaks the consolidation lower
BoC rate decision Wed 13:45 UTC could materially shift this read
00:31 UTC
Rally faded, now ranging · RSI 49 · price 1.39494
Consolidation below session high.
USDCAD rallied off the 1.3919 low into NY, peaking at 1.39688 before sellers capped it. Price is now ranging 1.39468–1.39567 with RSI flat near 48, sitting just under EMA20 in thin Asia-session liquidity.
Support: 1.39468, 1.39186
Resistance: 1.39567, 1.39688
What it said to watch
Reclaim of 1.39567 reopens the 1.39688 session high
Break below 1.39468 swing low exposes the range mid
BoC decision Wed 13:45 UTC is the dominant CAD catalyst this week
00:17 UTC
Range after NY rally stalled · RSI 52 · price 1.39507
Consolidating below two-month high.
USDCAD rallied from 1.39187 to a two-month high of 1.39688 during NY hours, then settled into a tight Asia-session range between 1.39429 and 1.3966. ATR compressed to ~4 pips on thin Asian volume, RSI flat near 52 — no momentum either way.
Support: 1.39429, 1.39187
Resistance: 1.39613, 1.39688
What it said to watch
M15 close above 1.39613 opens the path to the 1.39688 NY high
Loss of 1.39429 confirms a lower low and breaks the range
BoC rate decision Wed 13:45 UTC is the primary CAD catalyst — tone could shift this read
00:16 UTC
Consolidating after NY rally · RSI 51 · price 1.39507
Range below two-month high.
NY session drove a sharp rally off 1.39193 into the 1.39688 swing high, just shy of the 1.39613 two-month peak. Price has since drifted into an Asia-session range around 1.3950, RSI(14) back to neutral with momentum flat.
Support: 1.39429, 1.39193
Resistance: 1.39613, 1.39688
What it said to watch
M15 close above 1.39613 reopens the two-month high test
Loss of 1.39429 swing low shifts the range lower
BoC decision (13:45 UTC) is the key CAD catalyst this session
00:02 UTC
Uptrend stalling into consolidation · RSI 54 · price 1.39551
Rally to two-month high, now ranging below it.
Price rallied from 1.39187 through London-NY into a 1.39688 session high — the 1.39613 two-month peak — then sellers rejected and it's drifted into a tight 1.3945-1.3956 range on thin overnight volume. RSI(14) mid-range at 54, no momentum extension; structure is consolidation just under the highs.
Support: 1.39429, 1.39187
Resistance: 1.39613, 1.39688
What it said to watch
M15 close above 1.39613 reopens the path to the 1.39688 session high and YTD peak
Failure to hold 1.39429 confirms a lower-low and breaks the consolidation
BoC rate decision Wed 13:45 UTC — statement tone is the primary catalyst for this read
Consolidating below the two-month high after an NY-session rally.
USDCAD rallied off the 1.39193 swing low through the NY session, peaking at 1.39688 just above the 1.39613 two-month high before fading. Price is now consolidating around 1.3955 in thin Asia hours, RSI(14) neutral near 54 with both EMAs beneath price.
Support: 1.39468, 1.39193
Resistance: 1.39613, 1.39688
What it said to watch
Sustained move above 1.39613 opens the path to the YTD peak
Loss of 1.39468 puts the 1.39193 swing low back in focus
BoC rate decision Wed 13:45 UTC is the primary catalyst — tone could materially shift this read