USDCAD pushed to a session high of 1.39636 then rolled over into a chain of lower highs, printing a session low of 1.39329 before a shallow bounce back to 1.394. RSI(14) mid-40s, ATR ~4 pips; pair stays pinned near the 1.40 fair-value area with US CPI Wednesday the swing factor.
Support: 1.39329, 1.3925
Resistance: 1.3952, 1.39636
What it said to watch
Close below 1.39329 opens the 1.3925 two-month low
Reclaim of 1.39520 needed to negate the lower-high sequence
US CPI Wed 12:30 UTC could materially shift this read
Lower highs into session low, minor bounce underway.
USDCAD rolled over from the 1.39636 session high during London hours, printing lower highs into a 1.39329 low before a shallow bounce to 1.39411. Price sits below EMA20/50 with RSI(14) mid-40s; pair pinned near the 1.40 fair-value zone with CAD firm on strong jobs and oil.
Support: 1.39329, 1.3925
Resistance: 1.3952, 1.39636, 1.4000
What it said to watch
Break below 1.39329 session low reopens the 1.3925 2-month low
Close back above 1.39520 pivot negates the lower-high sequence
US CPI Wed 12:30 UTC is the swing factor for USD direction
09:02 UTC
Downtrend, rolling over · RSI 37 · price 1.39411
Lower highs off session high, testing session low.
USDCAD climbed to a session high at 1.39636 then got rejected, rolling over through the London session to test the 1.39329 session low, RSI(14) cooling near 37. Pair sits below EMA20/50 near the 1.40 fair-value pivot with CAD underpinned by Friday's blowout jobs.
Support: 1.39329, 1.3925, 1.3900
Resistance: 1.3952, 1.39636
What it said to watch
M15 close below 1.39329 session low opens the 1.3925 two-month low
Reclaim of 1.39520 swing high negates the intraday decline
US CPI Wed 12:30 UTC is the swing factor for USD direction
08:46 UTC
Intraday downtrend off session high · RSI 38 · price 1.39392
Lower highs, testing session low.
USD/CAD faded through London hours from the session high at 1.39634 back to 1.39329, RSI(14) near 38 as sellers pressed the mid-1.393s. Move sits just above the 1.3925 two-month low with the pair pinned near the 1.40 fair-value zone amid firm CAD jobs and a safe-haven USD bid.
Support: 1.39329, 1.39254, 1.3925
Resistance: 1.3952, 1.39634
What it said to watch
sustained break below 1.39329 opens the 1.3925 two-month low
reclaim of 1.39520 pivot negates the intraday lower-high sequence
US CPI Wed 12:30 UTC is the swing catalyst for the next directional leg
USDCAD topped at 1.3964 during the London session and has since carved lower highs, breaking back through mid-1.3950s to print fresh session lows near 1.3933 as CAD stays firm on last week's blowout jobs and oil bid. RSI(14) cooling into the low 30s with price below both EMAs; the two-month low at 1.3925 is the next reference on the downside.
Support: 1.3933, 1.3925
Resistance: 1.3953, 1.3964
What it said to watch
M15 close below 1.3925 confirms a lower low and reopens the two-month low
Reclaim of 1.3953 swing high negates the lower-high sequence
US CPI Wed 12:30 UTC is the near-term swing catalyst
08:31 UTC
Downtrend, fresh leg lower · RSI 33 · price 1.39359
Lower highs, lower lows off 1.3963.
USDCAD rolled over from the 1.3963 London session high and is grinding lower through mid-1.3930s, RSI(14) near 32. Price sits below EMA20/50 with a clean sequence of lower highs; the pair is pressing back toward Friday's 1.3925 two-month low as the CAD jobs-driven strength offsets the USD rebound.
Support: 1.39329, 1.3925
Resistance: 1.39566, 1.39636
What it said to watch
M15 close below 1.3925 confirms a lower low and extends the two-month-low probe
Reclaim of 1.39636 negates the intraday downtrend read
US CPI Wed 12:30 GMT is the swing catalyst for the next directional leg
08:17 UTC
Downtrend, session leg lower · RSI 36 · price 1.39361
Lower highs and lower lows off 1.39634.
London session faded the push to the 1.39634 session high and rolled over into a chain of lower highs, with USDCAD now pressing the 1.39359 session low. RSI(14) sits soft near 36 and price is below both EMAs; the pair is grinding back toward Friday's 1.3925 two-month low.
Support: 1.39359, 1.3925
Resistance: 1.39634
What it said to watch
M15 close below 1.39359 opens the 1.3925 two-month low
Reclaim of 1.39634 negates the session leg-down read
US CPI Wed is the referee for the next directional catalyst
08:16 UTC
Downtrend, rolling off session high · RSI 34 · price 1.39361
Lower highs, lower lows into London.
USDCAD topped at the 1.39634 session high and has bled 27 pips into the London session, printing lower highs and lower lows down to 1.39361 with RSI(14) cooling into the low-30s. Price is drifting back toward Friday's 1.3925 two-month low after strong CAD jobs, with the 1.39525 minor high capping the last bounce.
Support: 1.3925
Resistance: 1.39525, 1.39634
What it said to watch
Close below 1.3925 confirms a fresh lower low toward the two-month low zone
Reclaim of 1.39525 breaks the lower-high sequence
US CPI Wed 12:30 GMT is the next major catalyst for this pair
08:02 UTC
Intraday down, rolling off session high · RSI 34 · price 1.39417
Lower highs into session low retest.
USDCAD drifted up through the Asian session to a 1.39636 high, then rolled over on a chain of lower highs and is now retesting the session low near 1.39420 into the London open. Sellers have faded rallies since the CAD jobs beat kept the loonie firm; RSI(14) around 34 as the pullback pressures the 1.39320 Friday low.
Support: 1.3932, 1.3925
Resistance: 1.39525, 1.39636
What it said to watch
Close below 1.39320 opens the 1.3925 two-month low
Reclaim of 1.39525 lower-highs line negates the intraday roll-over
Rolling over from session high, lower highs into London.
Price rounded over after tagging the session high at 1.39636 in the Asian session and has faded steadily through London open back to the session low near 1.39413, RSI(14) sub-40. USD firmer on safe-haven flows is capping this pair; a chain of lower highs remains intact.
Support: 1.39413, 1.3925
Resistance: 1.39525, 1.39636
What it said to watch
Reclaim above 1.39525 then 1.39636 would break the lower-high sequence
Failure to hold 1.39413 opens the path toward the 1.3925 two-month low
US CPI Wed is the week's referee and could reshape this read
USDCAD faded the London rally after rejection at the 1.3964 session high and has round-tripped back to the day's 1.3943 lows, RSI(14) cooling near 37. Price sits below EMA20/50 with the 1.3925 two-month low the next reference below.
Support: 1.39432, 1.3925
Resistance: 1.39636
What it said to watch
Break below 1.3925 confirms a lower low
Reclaim of 1.3964 session high invalidates the fade
US CPI Wed 12 Aug could reset this read
07:46 UTC
Pullback off session high · RSI 36 · price 1.39439
Grinding lower after rejection at 1.3964.
USDCAD climbed through the Asian range into London to a session high of 1.3964, then rolled over and has slipped back to 1.3944 with RSI(14) cooling to the mid-30s. Price is back below both EMAs after the rejection; the 1.3943 session low is the immediate pivot.
Support: 1.3943, 1.3925
Resistance: 1.3956, 1.3964
What it said to watch
M15 close below 1.3943 opens the path toward the 1.3925 friday low
Reclaim of 1.3956 swing high negates the pullback
US CPI Wed 12:30 UTC is the next major catalyst for this pair
07:32 UTC
Intraday uptrend, pulling back · RSI 42 · price 1.39504
Post-gap rally faded from session high.
Monday reopened with a weekend gap lower, then USDCAD climbed off 1.3940 to a session high at 1.39636 before fading back to 1.39504 as CAD holds firm after Friday's +75K jobs beat. RSI(14) has cooled to the low-40s and price slipped back under EMA20; the 1.3940 psychological zone remains the pivot below.
Support: 1.3949, 1.3944, 1.3940
Resistance: 1.3956, 1.39636
What it said to watch
Loss of 1.39440 session low opens the 1.3940 psych zone
Reclaim of 1.39560 puts the 1.39636 session high back in play
US CPI Wed 12:30 UTC is the next major catalyst for this read
07:31 UTC
Intraday rally fading · RSI 41 · price 1.39504
Pullback from session high, lower highs forming.
USDCAD ground higher through the Asian range to a session high of 1.39636 before fading into the London morning, now back at 1.39504 with a chain of lower highs. Price sits below EMA20/50 as the pullback develops; sellers capped the move near 1.3960 while 1.3949 marks the first support.
Support: 1.3949, 1.3942, 1.3940
Resistance: 1.39636, 1.3960
What it said to watch
Loss of 1.3949 opens the friday low near 1.3942
Reclaim of 1.39636 session high revives the intraday uptrend
US CPI Wed 12:30 UTC is the next major catalyst for this pair
07:16 UTC
Pullback within range · RSI 42 · price 1.39524
Rolled off session high, mid-range.
London session drifted lower after rejection at the 1.3963 session high, RSI(14) cooling near 41 and price slipping back below EMA20. USDCAD is holding a tight 1.3944–1.3963 range with the softer-USD, firmer-CAD backdrop from Friday's dual jobs shock still framing the tape.
USDCAD reopened near Friday's post-NFP low and ground higher through the Asia session, tagging 1.39636 before rolling over into the London open. Now mid-range around 1.39524 with RSI(14) neutral; the June-low zone at 1.3940 caps downside for now.
Support: 1.39438, 1.39402, 1.3940
Resistance: 1.39636
What it said to watch
M15 close below 1.39438 reopens the 1.3940 june low
Break above 1.39636 session high extends the recovery
US CPI Wed 12:30 UTC is the decisive catalyst
07:02 UTC
Grind higher, pulling back · RSI 43 · price 1.39545
Higher highs into session high, now retracing.
Monday Asia opened near the weekend gap around 1.3944 and ground up to a session high of 1.39636 before rejecting; price is now retracing ~39% of that move to 1.39545 with RSI cooling toward 43. Ranges are thin (ATR ~4 pips) in quiet holiday-open conditions following Friday's dual jobs shock that drove the pair to the June-low zone.
Support: 1.3949, 1.3940
Resistance: 1.39636
What it said to watch
M15 close below 1.3940 confirms a lower low into the june-low zone
Reclaim of 1.39636 session high needed to resume the grind higher
US CPI Wed 12:30 UTC is the macro decider for USD direction
Rising off reopen low, pulling back from session high.
USDCAD reopened near 1.3945 after Friday's dual jobs-shock slide and ground higher through Asia to a session high of 1.39636, then faded back to 1.39545 with RSI cooling toward neutral. Price sits back below EMA20, ranging inside the reopen recovery channel with the June low at 1.3940 still the key floor.
Support: 1.3944, 1.3940
Resistance: 1.39636, 1.3970
What it said to watch
Loss of 1.39440 reopens the 1.3940 june low
Reclaim of 1.39636 session high revives the recovery leg toward 1.3970 pivot
US CPI Wed is the next major catalyst for the pair
USD/CAD ground higher through Asia into London to a session high at 1.3963, then rejected and pulled back to 1.3955 with RSI(14) cooling toward neutral. The pair stays heavy near June lows after Friday's Canada jobs beat and soft US NFP; price now sits back below EMA20, holding the 1.3952 pullback low.
Support: 1.39521, 1.3940
Resistance: 1.39636, 1.3970
What it said to watch
M15 close above 1.3963 reopens the path toward the 1.3970 scotia pivot
Loss of 1.3952 session low exposes the 1.3940 psych handle
US CPI Wed is the week's macro referee for USD direction
06:46 UTC
Post-weekend grind up, rolling over · RSI 42 · price 1.39554
Consolidation near June lows.
USDCAD reopened after the weekend near 1.3944 and ground up to a 1.3964 session high before rolling over into the 1.3955 area — the pair sits near June lows carved out by Friday's dual jobs shock (Canada +75K vs a negative US NFP). Ranges are compressed with M15 ATR near 3-4 pips; buyers faded below 1.3964 and price is back under EMA20.
Support: 1.39521, 1.3944, 1.3940
Resistance: 1.39604, 1.39636
What it said to watch
loss of 1.39440 reopen low opens the 1.3940 June low
close back above 1.39636 session high reasserts the up-grind
US CPI Wed 12:30 UTC could materially shift this read
06:32 UTC
Sideways, edging off session high · RSI 42 · price 1.39552
Asian-range grind, rejection near 1.3964.
Asian session ground higher off 1.3945 to a session high at 1.39636, where sellers rejected, and price has since slipped back to 1.3955 into the London open. Range is tight with ATR near 3 pips; pair holds heavy after Friday's dual jobs shock that drove it to June lows.
Support: 1.39521, 1.3945, 1.3900
Resistance: 1.39636, 1.3975
What it said to watch
M15 close above 1.39636 reopens the 1.3975 pivot
Break of 1.39521 confirms a lower-low toward 1.3945
US ADP Mon 12:15 UTC and CPI Wed are the next catalysts for USD
London morning saw USDCAD grind up to a session high of 1.39636 before rejecting and drifting back to 1.39550, RSI(14) cooling near 42. Pair stays heavy overall after Friday's dual jobs shock left it pinned near the June-low zone; buyers held the 1.39490 swing low so far.
Support: 1.3949, 1.3944
Resistance: 1.39636, 1.39605
What it said to watch
M15 close below 1.39440 confirms a lower low toward the 1.3940 June-low zone
Reclaim of 1.39636 session high needed to revive the intraday uptrend
US CPI Wed 12:30 UTC is the week's referee for USD direction
06:16 UTC
Recovery stalling, pulling back · RSI 44 · price 1.39535
Session bounce off 1.3944, capped at 1.39636.
USD/CAD ground higher off 1.3944 to a session high of 1.39636 before sellers capped it, and price is now pulling back to 1.39535 with RSI cooling. USD stays heavy after Friday's NFP miss against strong Canada jobs, but the recovery leg has lost momentum near the highs.
Support: 1.3944, 1.3940
Resistance: 1.39636
What it said to watch
Reclaim of 1.39636 needed to resume the recovery leg
Loss of 1.3944 opens the june-low zone near 1.3940
US CPI Wed 12:30 UTC is the referee and could reset this read
USDCAD ground higher through the Asia-into-London session from 1.39440 to a session high of 1.39636 before rejecting there, now pulling back to 1.39535 as RSI(14) cools toward mid-range. The pair remains heavy after Friday's dual jobs shock (Canada +75K vs US NFP -23K) that drove it to June lows; intraday range is tight at ~2.6 pips ATR.
Support: 1.3944, 1.39402, 1.3940
Resistance: 1.39636, 1.3970
What it said to watch
Reclaim of session high 1.39636 reopens the 1.39700 scotia pivot
Loss of 1.39440 session low exposes the 1.39400 psych zone
Monday session has ground higher off the 1.3944 open, tagging a 1.3964 session high before a shallow pullback to 1.3958. Structure stays constructive after Friday's NFP-driven leg down, but momentum is muted with RSI mid-range and ATR only ~5 pips.
Support: 1.3944, 1.3932
Resistance: 1.3964, 1.3970
What it said to watch
M15 close above 1.3964 session high opens the 1.3970 pivot
Failure to hold 1.3944 monday low negates the intraday uptrend
US CPI Wed 12:30 UTC is the next major catalyst for this read
USD/CAD ground higher through the Asian session to a session high at 1.3964 before easing back to 1.3958; the pair remains heavy after Friday's dual jobs shock (Canada +75K vs US -23K). RSI(14) mid-range near 53 with the up-move stalling at 1.3964.
Support: 1.3944, 1.3958
Resistance: 1.3964, 1.3970
What it said to watch
Rejection at 1.3964 holding keeps the session capped; a close above opens 1.3970 pivot
Loss of 1.3944 session low breaks the rising support and confirms a lower low
US CPI Wed is the next material catalyst for this pair
USDCAD ground higher through the Monday session off the 1.39438 low, holding above EMA20/50 after Friday's dual jobs-driven plunge left the pair near June lows. Price stalled at the 1.39636 session high and is easing back, RSI(14) cooling from mid-60s with no fresh CAD or USD catalyst on the tape.
Thin Asia-session flow; USDCAD ground back to 1.3961 after Friday's dual-jobs drop bottomed at 1.39402. RSI(14) mid-range and price is stalling in a tight 1.3960-1.3964 consolidation just under the session high, ATR compressed to ~2.4 pips.
Support: 1.3944, 1.39402
Resistance: 1.39636, 1.3970
What it said to watch
Break above 1.39636 opens the 1.3970 pivot
Loss of 1.39440 negates the recovery leg
US CPI Wed 12:30 UTC is the next binary for this pair
05:16 UTC
Uptrend, steady grind · RSI 64 · price 1.39608
Higher highs and higher lows off session low.
Quiet Monday Asia-into-London grind higher, USDCAD recovering from Friday's dual-jobs shock that drove the pair to June lows near 1.3925. Price holds above EMA20/50 in a clean HH/HL chain, RSI(14) mid-60s with no extreme. Session high at 1.39634 is the immediate cap.
Support: 1.39486, 1.39438
Resistance: 1.39634, 1.3970
What it said to watch
Loss of the 1.39486 swing low breaks the higher-low chain
Break above 1.39634 session high opens the 1.3970 scotia pivot
US CPI Wed 12:30 UTC is the next binary and could reshape this read
04:46 UTC
Uptrend, grinding higher · RSI 68 · price 1.39627
Higher highs, higher lows through Asia.
Thin Asia session has ground USDCAD steadily higher off 1.39402 to a session high at 1.39636, an orderly HH/HL chain following Friday's NFP/CAD-jobs collapse to the June-low zone. RSI(14) near 68, hot but not extreme; momentum still intact with price holding above EMA20/50.
Support: 1.39474, 1.39402
Resistance: 1.39636, 1.3975, 1.4000
What it said to watch
Loss of 1.39474 breaks the rising higher-low sequence
Reaction at 1.39750 pivot — area to watch for rejection or break toward 1.40 psych
US CPI Aug 12 is the dominant catalyst and could reset this read
USDCAD reopened after Friday's dual jobs-shock collapse and has ground higher in thin Asia flow, printing higher highs and higher lows from the 1.3944 session low to 1.3962. RSI(14) near 68 with ATR compressed to ~3 pips; the 1.3970/80 pivot above caps the recovery for now.
Support: 1.3944, 1.39402, 1.3940
Resistance: 1.39634, 1.3975, 1.4000
What it said to watch
M15 close above 1.3970/80 pivot opens continuation toward 1.40
Loss of 1.3944 session low re-exposes the 1.3940 june low
US CPI Wed 12:30 UTC is the dominant catalyst into midweek
04:16 UTC
Uptrend, thin Asia grind · RSI 69 · price 1.39625
Post-gap recovery, higher highs and higher lows.
USDCAD is grinding higher through the Asia session after the weekend gap, climbing from 1.3944 toward the 1.39634 session high with RSI(14) near 70. The recovery follows Friday's dual jobs shock that drove the pair to its June low; the rise is orderly with a small ~3 pip ATR in thin flow.
Support: 1.3955, 1.3944
Resistance: 1.39634, 1.3970
What it said to watch
Break above the 1.3970/80 scotia pivot signals CAD-bull continuation
Failure to hold 1.39550 swing low breaks the rising sequence
US CPI Aug 12 is the dominant catalyst that could reshape this read
USDCAD has ground steadily higher through the Asia session from the 1.3940 weekend open, printing a chain of higher lows into 1.39625 after Friday's dual-jobs shock drove it to June lows. Grind is orderly with RSI near 64; no session-high breakout yet.
Support: 1.3949, 1.39402, 1.3944
Resistance: 1.39625, 1.3970
What it said to watch
Loss of 1.39490 pullback low breaks the higher-low chain
Close above 1.39625 session high opens the 1.3970 scotia pivot
US CPI Aug 12 is the dominant catalyst for the next directional leg
Thin Asia-session grind higher from the weekend open near 1.3944 to a session high at 1.39625, extending Friday's move that pushed the pair to June lows after the dual US/CAD jobs shock. RSI(14) mid-60s, ATR compressed to ~4 pips — a slow, low-volatility drift rather than an impulse.
Support: 1.3944, 1.3940
Resistance: 1.39625, 1.3970
What it said to watch
M15 close above 1.39625 opens the path toward the 1.3970 scotia pivot
Failure to hold 1.3944 weekend low reopens the 1.3940 june-low zone
US CPI Wed 12:30 UTC is the next material catalyst for this pair
USDCAD opened the week with a weekend gap and has ground steadily higher through the Asian session to 1.3961, printing a clean chain of higher highs and higher lows off the 1.3944 base. Moves are small (ATR ~4 pips) in thin flows and RSI(14) near 68 is warm but not extreme; the 1.3970 Scotiabank pivot is the area to watch overhead.
Support: 1.3952, 1.3944
Resistance: 1.3970, 1.4000
What it said to watch
Loss of 1.3952 swing low breaks the intraday higher-low chain
Push through 1.3970 scotia pivot opens the 1.40 psych handle
US CPI Wed 12:30 UTC is the next macro catalyst for the pair
Asia-session recovery off 1.3940, chain of higher lows.
USDCAD is grinding higher through the Asia session, printing higher lows off 1.3940 and posting a fresh session high at 1.39571 after Friday's NFP/CAD-jobs slide. Momentum is shallow — ATR near 5 pips and RSI in the low 60s — with the 1.3970/80 pivot still overhead.
Support: 1.3944, 1.3940, 1.3932
Resistance: 1.39571, 1.3975
What it said to watch
Reclaim of 1.3970/80 sbank pivot would extend the intraday recovery
Loss of 1.3940 session low reopens the downside toward 1.39320
US CPI Wed 12:30 UTC is the dominant catalyst and could reset this read
03:01 UTC
Grind higher, Asia session · RSI 69 · price 1.39571
Higher lows off post-gap floor.
Quiet Asian session grinding higher off the post-gap floor at 1.39402, printing a fresh session high at 1.39571 with RSI(14) near 69. Move has broken the prior 1.39556 high; 1.3970/80 pivot is the next area to watch.
Support: 1.3949, 1.3944, 1.39402
Resistance: 1.39556, 1.3970
What it said to watch
Break below 1.39440 breaks the higher-low sequence
Sustained move above 1.3970/80 pivot opens further CAD strength
US CPI Wed 12:30 UTC is the week's main catalyst
03:01 UTC
Uptrend, grinding higher · RSI 66 · price 1.39571
Higher lows off 1.3940 through Asia.
USDCAD is grinding higher through the Asia session, printing higher lows off the 1.3940 area and pressing the session high at 1.39571. Move remains modest — ATR near 6 pips — with RSI(14) around 66, hot but not stretched.
Support: 1.39438, 1.39402, 1.3940
Resistance: 1.39571, 1.3970
What it said to watch
Break below 1.39438 breaks the Asian higher-low chain
1.3970/80 pivot above — area to watch for rejection or break
US CPI Wed 12:30 UTC is the dominant catalyst that could reshape this read
Quiet Asia session grinding higher off the 1.39438 low toward the 1.39564 session high after Friday's NFP-driven drop to sub-1.3940. ATR ~3 pips — thin conditions, chained higher lows but no clean break yet of the session top.
Support: 1.39438, 1.3932
Resistance: 1.39564, 1.3970
What it said to watch
Break above 1.39564 session high opens the 1.3970 pivot
Failure to hold 1.39438 reopens downside toward 1.39320 swing low
US CPI Wed 12:30 UTC is the week's key catalyst and could shift this read
Asia-session tape grinding up off the 1.3940 Friday low after the payrolls-driven slide, printing a chain of higher lows into 1.3956. Range is tight with ATR near 3 pips; RSI mid-60s, no extreme.
Support: 1.39402, 1.3940
Resistance: 1.39556, 1.3975
What it said to watch
Close above 1.3956 session high extends the grind toward the 1.3975 Scotia pivot
Loss of 1.3940 Friday low reopens the down-leg
US CPI Wed 12:30 UTC is the next material catalyst for this pair
02:16 UTC
Mild uptrend, grinding · RSI 63 · price 1.3953
Higher lows since weekend gap, tight range.
Thin post-weekend Asia tape grinding up from the 1.3944 session low toward the 1.3956 session high after Friday's NFP-driven slide to the 1.3940 June-area floor. Micro higher-lows in play, RSI(14) mid-60s, ATR just ~4 pips — no meaningful expansion yet.
Support: 1.3944, 1.3940
Resistance: 1.3956, 1.3960
What it said to watch
M15 close above 1.3956 extends the grind toward 1.3960
Loss of 1.3944 reopens the 1.3940 Friday low
Liquidity thin on holiday tape — moves may be exaggerated
02:01 UTC
Consolidation, minor grind higher · RSI 62 · price 1.3952
Boxed above 1.3940 floor after NFP selloff.
USDCAD is consolidating just above the 1.3940 June low after Friday's twin-jobs, NFP-driven selloff, with recent bars grinding up toward 1.3956 in the quiet holiday tape. RSI(14) sits near 61 with price holding above EMA20/50; the 1.3970 Scotiabank pivot caps overhead.
Support: 1.3944, 1.3940
Resistance: 1.3956, 1.3970
What it said to watch
Reclaim of the 1.3970 pivot would open room back toward 1.40
Loss of the 1.3940 june low confirms a fresh lower-low
US CPI Wed 12:30 UTC is the next major catalyst for this pair
Quiet holiday tape has USD/CAD grinding sideways between 1.3944 and 1.3956, stabilising just above Friday's post-NFP 1.3940 low. A slow drift higher off the session base has lifted price back above the short EMAs, but there's no impulse — RSI(14) sits mid-range near 57.
Support: 1.3944, 1.3940
Resistance: 1.3956, 1.3970
What it said to watch
Break below 1.3940 reopens the June-low down-leg
Reclaim of 1.3970 (Scotiabank pivot) would neutralise the near-term floor pressure
US CPI Wed 12:30 UTC is the next material catalyst
Thin post-weekend Asia tape opened near Friday's 1.39438 close and has ground up to 1.39513, holding above short EMAs with ATR compressed to ~4 pips. USD/CAD sits just above the Friday 1.3940 low, lowest since June after the twin-jobs shock; no fresh catalyst yet. Session high at 1.39556 caps the grind.
Support: 1.39438, 1.39402, 1.3940
Resistance: 1.39556, 1.3953
What it said to watch
Break above 1.39556 session high extends the grind higher
Loss of 1.39400 fri low reopens the June-low probe
US CPI Wed 12:30 UTC is the next material catalyst for this pair
Asia session opened after the weekend gap into a tight consolidation between 1.3940 and 1.3956, following Friday's payroll-driven slide to the June low. Price is grinding higher off 1.39402, holding above EMA20/50 with RSI(14) near 60 — no extreme.
Support: 1.39402, 1.3940
Resistance: 1.39556, 1.3970
What it said to watch
Close above 1.3956 session high opens the 1.3970 pivot
Loss of 1.3940 post-gap low confirms a fresh lower-low
US CPI Wed is the next material catalyst for this pair
USDCAD is consolidating in a tight 1.3940–1.3955 band after Friday's payroll-shock leg lower to the June area. Price is carving minor higher lows off the 1.3940 session low, holding above short EMAs, with RSI(14) mid-range and no extension.
Support: 1.3940, 1.3932
Resistance: 1.3955, 1.3970
What it said to watch
Reclaim above 1.3970 scotia pivot would negate the recent downside break
Loss of 1.3940 session low reopens 1.3932 swing low
US CPI Wed 12:30 GMT is the next material catalyst for this pair
Higher lows off session low, capped at session high.
Thin Asia session grinding higher off the 1.3940 session low, printing higher lows into a 1.3953 session high that has capped the last few bars; price now consolidating near 1.3950. CAD stays firm after Friday's double jobs surprise (strong CA beat, weak US NFP), but the tape is quiet ahead of Wednesday CPI.
Support: 1.3940, 1.3932
Resistance: 1.3953, 1.3970
What it said to watch
M15 close above 1.3953 session high extends the intraday climb
Loss of 1.3940 exposes the 1.3932 swing low
1.3970 Scotiabank pivot overhead caps rallies
US CPI Wed 12:30 GMT is the next material catalyst
Thin Sunday reopen with USDCAD grinding higher off Friday's 1.3925 flush, now pressing session highs near 1.3953 after CAD firmed on the twin jobs surprise. Higher-lows chain intact on light volume; RSI(14) mid-60s, not yet stretched.
Support: 1.39402, 1.39254
Resistance: 1.3953, 1.3958
What it said to watch
Reclaim of 1.3953 session high opens the 1.3958 swing high
Loss of 1.39402 breaks the rising-support read
US CPI Wed 12:30 GMT is the dominant catalyst for the next legs
Thin Asian-session open ground higher from 1.39436 to the 1.39530 session high, extending the CAD strength that drove the pair to June lows after Friday's soft US payrolls. RSI(14) mid-60s, ATR barely 4 pips — low-liquidity drift, no structural break in play.
Support: 1.39436, 1.3940
Resistance: 1.3953, 1.3975
What it said to watch
M15 close above 1.39530 session high opens the 1.3970/80 scotia pivot
Failure to hold 1.39436 session low reopens the 1.39400 june low
US CPI Wed 12:30 GMT is the next material catalyst for this read
00:31 UTC
Consolidating, mild bid · RSI 61 · price 1.39508
Tight range near session high after Friday's drop.
Thin early-week Asia open; USD/CAD grinding up into 1.3953 after Friday's NFP-miss/CA-jobs-beat leg lower parked it at June lows near 1.3940. Small-range drift, RSI(14) mid-60s, no breakout in play.
Support: 1.3944, 1.39402
Resistance: 1.3953, 1.3958
What it said to watch
Close above 1.39530 opens the path back toward 1.3958
Loss of 1.39440 exposes the 1.39402 swing low
US CPI Wed 12:30 GMT is the next material catalyst
USDCAD is grinding in a tight 1.3940-1.3952 band in the thin early-week open, holding just above Friday's NFP-driven slide to June lows. RSI(14) near 58 with ATR compressed to ~6 pips — no directional impulse yet.
Support: 1.3940
Resistance: 1.3952, 1.3970
What it said to watch
Close above 1.3952 session high extends the recovery toward the 1.3970 scotia pivot
Failure to hold 1.3940 session low reopens the Friday lows
US CPI Wed 12:30 GMT is the next material driver for this read
Higher lows off session low, coiling under 1.3952.
Thin weekend/Asia tape grinding higher off the 1.39438 session low toward the 1.39522 session high, holding above the June-low base carved by Friday's NFP-driven drop. Structure is a tidy chain of higher lows but volume is minimal, so the move lacks conviction ahead of Wednesday's US CPI.
Support: 1.39438, 1.39383, 1.39254
Resistance: 1.39522, 1.3958
What it said to watch
M15 close above 1.39522 extends the session high, opening 1.39580
Loss of 1.39438 breaks the higher-low chain
US CPI Wed 12:30 GMT will reset this read
00:01 UTC
Mild recovery within consolidation · RSI 63 · price 1.39512
Basing above session low after NFP drop.
Thin post-weekend trade after Friday's NFP-driven slide to June lows near 1.3940; price is grinding up off the 1.39402 session low toward the 1.39529 session high. RSI(14) mid-60s, ATR compressed at ~3 pips on holiday-thin liquidity.
Support: 1.39402, 1.39254
Resistance: 1.39529, 1.3970
What it said to watch
US CPI Wed 12:30 GMT is the dominant driver — likely to override this micro read
Close above 1.39529 exposes the 1.3970/80 scotia pivot