USDCAD pushed off 1.3577 mid-week and broke through 1.3645 with a sharp impulse into 1.3710 during the NY session, the dominant move of the week. Price has since rolled over below EMA(20) with RSI(14) slipping under 45, retesting the 1.3666 area where the breakout originated. The 1.3645 prior range and 1.3600 round number sit below as structural references.
Support: 1.3666, 1.3600, 1.3577
Resistance: 1.3694, 1.3710, 1.3645
What it said to watch
H1 close below 1.3666 session low opens room back toward 1.3645 prior range
Reclaim of ema20 near 1.3694 would put 1.3710 week high back in play
US CPI later this week is the key macro risk for the read
08:01 UTC
Uptrend, momentum cooling · RSI 47 · price 1.3672
Higher highs into 1.3710, pullback in progress.
Pair broke out from the 1.3640–1.3655 base on Friday's NFP-driven impulse, tagging 1.3710 before fading. Price is now retesting the breakout zone with RSI(14) cycling back to 47, the first deeper pullback since the move higher. EMA(20) is still rising underneath but is being challenged on this session low.
Support: 1.3668, 1.3645, 1.3580
Resistance: 1.3710, 1.3692, 1.3664
What it said to watch
H1 close below 1.3668 session low would open the path back to 1.3645
Reclaim of 1.3692 today high keeps the week high in play
Trump-Xi summit headlines this week could disrupt the USD read
Higher highs into 1.3710, pullback testing prior breakout zone.
Pair impulsed off 1.3643 into 1.3710 on Thursday's NY session, the dominant move of the week. Price has since consolidated between 1.3673 and 1.3692, holding above EMA20 with RSI(14) cycling near 50 — momentum has flattened but the breakout structure remains intact. The 1.3673 session low is the immediate pivot for the retest read.
Support: 1.3673, 1.3645, 1.3600
Resistance: 1.3692, 1.3710, 1.3745
What it said to watch
H1 close below 1.3673 weakens the breakout retest read
Reclaim above 1.3692 reopens the 1.3710 week high
US-Iran headline flow remains the main exogenous risk to this read
06:01 UTC
Uptrend, consolidating after spike · RSI 60 · price 1.36901
Higher highs, holding above prior breakout.
USDCAD impulsed higher during Thursday's NY session, breaking from the 1.3640–1.3655 range to tag a week high at 1.37099 before easing back. Price has consolidated between 1.3673 and 1.3694 since, holding above the breakout base at 1.3654 with RSI(14) cycling in the 55–65 zone. Geopolitical risk premium from US–Iran headlines and a firmer USD tone are underpinning the bid.
Support: 1.3673, 1.3654, 1.3624
Resistance: 1.36945, 1.37099
What it said to watch
Hourly close back below 1.3654 breakout base would void the breakout read
Sustained move through 1.36945 session high opens path to retest the 1.37099 week high
US–Iran headline risk remains the dominant external driver
Higher highs from 1.3577 base, consolidating below 1.3710.
USDCAD broke decisively higher Friday with a ~70 pip impulse off the 1.3643 base into 1.3710, the dominant move of the week. Asian session Monday is consolidating in the upper third of that range, holding above the 1.3680 intraday base with price pressing back toward the 1.3700 round number. Oil-related headlines and a firmer USD tone are keeping the pair bid into the European session.
Support: 1.3680, 1.36699, 1.3643
Resistance: 1.3700, 1.37099
What it said to watch
H1 close above 1.3710 fri high opens path toward 1.3750
Loss of 1.3680 intraday base would unwind the Monday bid
Failure at 1.3700 round number on a third test would mark a lower-high
Iran/Oil headline risk remains a non-scheduled driver this week
Higher highs and higher lows, pause after Friday impulse.
USDCAD pushed off Friday's NY session low near 1.3585 and broke decisively higher through 1.3645, printing a week high at 1.3710 before consolidating. Asia session today is holding a tight 1.3680-1.3690 range above EMA(20) with RSI(14) sitting in the upper half but off Friday's stretched readings — momentum has paused, not reversed. The FXStreet wire flags firmer USD and the 100-day SMA region as the backdrop for the bid.
Support: 1.3680, 1.3645, 1.3600
Resistance: 1.3710, 1.3690
What it said to watch
H1 close above 1.3710 week high extends the breakout
Loss of 1.3680 session low opens 1.3645 prior swing
London open in a few hours typically expands the Asia range
Higher-high printed Thursday, now consolidating below 1.3710 swing high.
USDCAD broke out of the 1.3625–1.3665 range into Thursday's NY session, tagging the week high at 1.3709 before fading back. Since Friday the pair has been consolidating in a tight 1.3673–1.3692 band, holding above EMA20 with RSI(14) cycling neutral around 54. The Asia reopen has lifted price back toward the Fri NY high, geopolitical risk headlines (Iran/Hormuz) keeping a USD bid underneath.
Support: 1.3673, 1.3645, 1.3610
Resistance: 1.3692, 1.3709
What it said to watch
H1 close above 1.3709 week high opens path toward 1.3750 round number
Loss of 1.3673 prior swing low would unwind the breakout and reopen 1.3645
Iran/Hormuz headline flow remains a material risk to this read
Higher highs into Friday spike, now consolidating.
USDCAD has been bid all week, with Friday's NY session producing a sharp impulse from 1.3643 to 1.3709 — the dominant move of the window — on Iran-war headlines keeping a bid under USD. Price has since cooled into a tight 1.3673–1.3691 consolidation either side of EMA(20), holding well above the prior breakout shelf near 1.3654. RSI(14) has unwound from overbought back to neutral without the price giving up much ground, a constructive cooling rather than a reversal signal.
Support: 1.3673, 1.3654, 1.3624
Resistance: 1.3690, 1.3709
What it said to watch
Hourly close back below the fri low at 1.3673 would unwind the breakout and reopen the prior breakout shelf at 1.3654
Reclaim of 1.3690 session top and push through 1.3709 week high resumes the trend
Ongoing Iran/Hormuz headlines and China CPI today are the live news risks that could shift this read
Higher highs into 1.3710, pullback holding above 1.3673.
USDCAD broke out of the 1.3630–1.3660 range on Friday's NY session, spiking to 1.3710 on a single-bar impulse tied to renewed Middle East risk after Trump rejected Iran's peace proposal. Price has since drifted back to 1.3685, holding above the Friday pullback low at 1.3673 and the broken range top. RSI(14) has cooled from overbought into the mid-50s as the move digests in thin Asian conditions.
Support: 1.3673, 1.3643, 1.3595
Resistance: 1.3710, 1.3690, 1.3665
What it said to watch
H1 close back below 1.3673 (fri pullback) would unwind the breakout and reopen 1.3643
Sustained move above 1.3710 (wk high) extends the impulse
China CPI release in Asia could shift risk tone and CAD via crude
Further Iran/Hormuz headlines remain the dominant catalyst for this week's USD bid