USDCAD ground sideways in a 1.3930-1.3960 band for most of the week before a sharp NY-session rally Thursday drove the pair through the 1.4000 round number to a 1.4023 week high on renewed safe-haven USD demand and a soft loonie post-BoC hold. That spike was rejected just as quickly, with price sliding back to 1.3953 and now consolidating near 1.3962, below EMA20 with RSI cooling toward the midline.
Support: 1.3953, 1.3900
Resistance: 1.4000, 1.4023
What it said to watch
H1 close above 1.4023 week high reopens path toward the Nov-2025 high near 1.4140
Failure to hold the 1.3953 swing low exposes the 1.3900 weekly low
UoM Michigan sentiment Fri 14:00 UTC could shift USD safe-haven flows and this read
USDCAD pushed through the six-month-high zone into yesterday's NY session, tagging 1.4023 on the safe-haven USD bid before sellers stepped in and dragged price back below 1.4000 and EMA20. The pair now sits near 1.3962, right on the 50% retrace of the week's impulse, with RSI(14) cooling from overbought back to neutral. The sharp fade after the 1.4023 print has the look of a false break unless 1.4000 is reclaimed.
Support: 1.3953, 1.3920, 1.3899
Resistance: 1.4000, 1.4016, 1.4023
What it said to watch
H1 close back above 1.4000 reasserts the breakout toward 1.4023 week high
Failure to hold 1.3953 swing low exposes 1.3899 week low
Oil / Middle East headlines remain the primary CAD driver into the weekend
22:02 UTC
Uptrend stalling after rejection · RSI 47 · price 1.39644
Six-month high rejected, pulling back.
USDCAD pushed into the NY session yesterday to a six-month high near 1.4023 on the safe-haven USD bid and an intraday oil slump, then saw a sharp rejection that erased the move back below 1.3960. Price now sits just under EMA20 with RSI(14) back near 47 after the pullback, holding the 1.3953 swing low so far. The week's uptrend off the 1.3899 low remains intact but momentum has stalled at the highs.
Support: 1.3953, 1.3900
Resistance: 1.4023, 1.4000
What it said to watch
H1 close back above 1.4000 reopens the 1.4023 week high
Failure to hold 1.3953 swing low exposes 1.3900 psych support
Michigan Sentiment Fri 14:00 UTC could shift USD safe-haven flows
22:02 UTC
Uptrend, pulled back from highs · RSI 49 · price 1.39644
Spike to 6-mo high then rejection, consolidating.
USD/CAD broke its early-week 1.392-1.396 range into the NY session, spiking to 1.40235 — a six-month high — on renewed safe-haven USD demand and an intraday oil slump pressuring CAD. That move was rejected hard, with the pair shedding ~80 pips back to 1.3953 before stabilising near 1.3964, now sitting below EMA20 around the 6-mo high pivot (1.3969). RSI(14) has unwound from overbought back to neutral near 49.
Support: 1.3953, 1.39154
Resistance: 1.3970, 1.4000, 1.40235
What it said to watch
H1 close back above 1.4000 reopens the 1.40235 week high and 1.4140 path
Failure to hold 1.3953 exposes the 1.3915 week low
Michigan sentiment Fri 14:00 UTC could shift the USD safe-haven read
21:03 UTC
Uptrend, pulling back · RSI 48 · price 1.39651
Higher high then rejection.
USD/CAD pushed to a six-month high at 1.40235 through the NY session before a sharp rejection dragged price back below 1.39800, supported by safe-haven USD flows around the PPI beat and Iran headlines. RSI(14) has cooled toward neutral as the rally stalled and price has slipped below EMA20, though the 1.39530 swing low held on the pullback. The session high at 1.39800 now caps the immediate bounce.
Support: 1.3953, 1.3915
Resistance: 1.3980, 1.40235
What it said to watch
H1 close above 1.39800 reopens the path to the 1.40235 week high
Failure to hold 1.39530 confirms a deeper retrace of this week's rally
UoM Michigan Sentiment Fri 14:00 UTC could shift the USD tone
USD/CAD pushed through the NY session to a multi-month high at 1.4023 on a safe-haven USD bid and an intraday oil slump, then rejected sharply back below 1.3960 and tested the session low at 1.3953. Price sits back near EMA20 but holds above EMA50, with the 1.4000 psych level now capping. The advance off this week's 1.3915 swing low remains intact while the higher-low structure holds.
Support: 1.3953, 1.3915
Resistance: 1.4000, 1.40235
What it said to watch
H1 close below 1.3953 session low opens the path toward the 1.3915 swing low
Reclaim of 1.4000 psych reopens the 1.4023 week high
UoM Michigan Sentiment Fri 14:00 UTC could shift the USD read
20:02 UTC
Uptrend, pulling back after rejection · RSI 48 · price 1.39577
Higher highs into 1.4023, sharp NY reversal.
USDCAD ran to a fresh six-month high at 1.40235 during NY hours before a sharp reversal back under EMA(20), the move tracking renewed safe-haven USD demand and a softer post-BoC CAD. The rejection off the 1.4000 round number has handed back the day's gains, with price now stalling at the 1.39530 session low. Price holds above EMA(50) but has lost the EMA(20), capping near-term momentum.
Support: 1.3953, 1.39154, 1.3900
Resistance: 1.4000, 1.40235
What it said to watch
H1 close back above 1.40000 reopens the 1.40235 week high
Failure to hold 1.39530 session low exposes 1.39154 swing low
UoM Michigan sentiment Fri 14:00 UTC could shift the USD read
20:01 UTC
Uptrend stalling after rejection · RSI 47 · price 1.39577
Fresh high then sharp pullback.
USDCAD pushed into the NY session yesterday to a fresh six-month high at 1.40235 on safe-haven USD demand and an oil slump, but the move was rejected hard and unwound back to 1.3958. Price has slipped below EMA20 with RSI cooling to the midline, and the 1.4000 round number now caps as resistance. The 1.3953 session low is the first support being tested after the pullback.
Support: 1.3953, 1.39154, 1.3900
Resistance: 1.3970, 1.4000, 1.40235
What it said to watch
Hourly close back above 1.4000 reopens the 1.40235 week high
Failure to hold 1.3953 session low exposes the 1.39154 swing low
UoM Michigan sentiment Fri 14:00 UTC could shift the USD read
19:01 UTC
Uptrend, momentum slowing after spike high · RSI 58 · price 1.39768
Higher highs into 1.4023, pullback off the high.
USDCAD broke out through the 1.3975 six-month pivot in the NY session and spiked to 1.40235 as safe-haven USD demand and the dovish BoC hold weighed on CAD. Price has since been rejected back under 1.3990, pulling toward the prior pivot, with RSI(14) cooling from overbought. Price still holds above EMA20 and EMA50, keeping the week's uptrend intact.
Support: 1.39759, 1.3915, 1.3900
Resistance: 1.40235, 1.4000
What it said to watch
Hourly close back above 1.40235 opens the path toward 1.4140
Failure to hold the 1.3975 6mo pivot exposes the 1.3915 swing low
Michigan sentiment Fri 14:00 UTC could shift the USD read
USDCAD broke the 1.3969/75 six-month high during the NY session and ran to 1.40235 as USD safe-haven flows and a balanced-to-dovish BoC hold weighed on CAD. The spike was rejected at 1.40235 with a sharp pullback to 1.398, now hovering just above the breakout zone. Price holds above EMA20 and EMA50 with RSI cooling from overbought back toward 56.
Support: 1.3970, 1.3935, 1.3900
Resistance: 1.40235, 1.4000
What it said to watch
Close back below 1.3970 would put the breakout retest under threat
H1 close above 1.40235 reopens the path toward 1.4140
UoM Michigan Sentiment Fri 14:00 UTC could shift the USD read
Higher highs into cycle high, pulling back from extreme.
USDCAD accelerated through the NY session yesterday and into today, clearing the 1.3970 six-month pivot and tagging a fresh 1.40235 cycle high as the USD stayed bid on safe-haven flows and a soft post-BoC CAD. The latest bar saw a sharp intraday rejection off the highs, slicing back through 1.4000 to close near 1.398. Price still holds above the EMA20, so the broken 1.3970 pivot is the first structural test of the up-leg.
Support: 1.3970, 1.3955, 1.3900
Resistance: 1.40235, 1.4000
What it said to watch
H1 close back below 1.3970 turns the broken pivot into resistance
Failure to reclaim 1.40235 leaves the cycle high capping
Loss of 1.3955 ema20 would deepen the pullback toward the 1.3900 weekly low
UoM Michigan sentiment Fri 14:00 UTC could shift the USD read
Breakout above the six-month pivot, sharp rejection from session high.
The NY session drove USDCAD through the 1.3970 six-month pivot to a fresh high at 1.40235, with CAD on the back foot post-BoC and a safe-haven USD bid in play. That push was met with a sharp rejection back to 1.398 on the final bar, leaving price still above EMA(20) and EMA(50) but well off the highs. RSI(14) has cooled from overbought back near 56 as the spike unwound.
Support: 1.3970, 1.3915, 1.3900
Resistance: 1.40235, 1.4000
What it said to watch
H1 close back below 1.3970 would negate the breakout and put the prior pivot back in play
Re-test of 1.40235 session high — area to watch for rejection or break
UoM Michigan sentiment / inflation expectations Fri 14:00 UTC could shift this read
USDCAD broke the 1.3975 six-month cap during the NY session and ran to 1.40235, the highest level of the week, as safe-haven USD demand and a balanced-to-dovish BoC hold weighed on CAD. Price sits above both EMA(20) and EMA(50) with RSI(14) above 70, momentum stretched after the impulse. The prior 1.3975 cap now sits as the closest reference below.
Support: 1.3975, 1.3960, 1.3900
Resistance: 1.40235
What it said to watch
Loss of 1.3975 on a close would put the breakout back into prior range
Hold above 1.40235 keeps the path toward the 1.4140 Nov high open
Michigan sentiment Fri 14:00 UTC could shift the USD read
USDCAD broke to a fresh ~1.402 cycle high through the NY session, clearing the 1.3969 six-month pivot as a firmer safe-haven USD and an oil slump weighed on CAD after the balanced BoC hold. Price has held above EMA(20) throughout the week's grind with RSI(14) now pushing into overbought near 70. The 1.40235 session high is the immediate cap, with the broken 1.3969 level now the first reference on any pullback.
Support: 1.3969, 1.3900
Resistance: 1.40235, 1.4140
What it said to watch
Sustained hold above the 1.3969 prior high keeps the breakout intact; loss of it signals a failed break
A close above 1.40235 session high opens the path toward 1.4140
Michigan Sentiment Fri 14:00 UTC could shift the USD read
16:01 UTC
Uptrend, accelerating · RSI 73 · price 1.40039
Breakout to fresh six-month highs.
USDCAD coiled in a tight 1.3920–1.3970 range for most of the week before breaking out through 1.4000 in the NY session, printing fresh six-month highs at 1.40235 on broad USD strength and a soft Loonie post-BoC hold. Price now sits just above the round number with RSI(14) stretched near 73, the steepest leg coming on the move off the 1.38989 swing low. EMA(20) and EMA(50) both sit well below, confirming momentum is firmly with the breakout.
Support: 1.4000, 1.3975, 1.3900
Resistance: 1.40235
What it said to watch
Hold above 1.4000 keeps the breakout structure intact; a close back below reopens the prior range
Loss of 1.3975 prior high would mark a failed break
Fri UoM Michigan sentiment + inflation expectations could shift the USD read
RSI near 73 flags overbought conditions warning of a pause
USDCAD broke above the 1.3969-1.4000 YTD high during the NY session, printing a fresh six-month high at 1.40235 as broad USD safe-haven demand and an oil slump weighed on the Loonie. Price held above EMA20 through the week and accelerated after a base near 1.3915; RSI(14) is now stretched into overbought territory after the impulse. The 1.4000 round number is the immediate pivot following the break.
Support: 1.4000, 1.3969, 1.3915
Resistance: 1.40235
What it said to watch
Hold above 1.4000 keeps the breakout intact; reclaim back below 1.3969 prior high negates it
Failure to hold 1.3915 swing low would confirm a deeper unwind
UoM Michigan sentiment Fri 14:00 UTC could shift USD tone into next bar period
USDCAD spent most of the week pinned in a 1.3930–1.3960 range before a sharp NY-session breakout drove it through 1.4000 to a fresh multi-month high at 1.40235. The leg up tracks broad USD strength and an oil slump that has undermined the Loonie since Monday's open, with RSI(14) now stretched into overbought near 74. Price holds well above EMA20 and EMA50 after clearing the range top at 1.3955.
Support: 1.4000, 1.3955, 1.38989
Resistance: 1.40235
What it said to watch
Hold above 1.4000 keeps the breakout intact; loss of it reopens the 1.3955 range top
Failure back below 1.3955 would mark the breakout as a false break
Michigan Sentiment Fri 14:00 UTC could shift this read
15:01 UTC
Uptrend, extended · RSI 73 · price 1.40172
Breakout to fresh six-month high.
USDCAD cleared the 1.3970-1.4000 zone through the NY session, printing a fresh six-month high at 1.4023 as broad USD safe-haven demand and the oil slump pressured the Loonie. The move accelerated off Tuesday's 1.3899 low and price now sits well above EMA20, with RSI(14) into overbought territory near 73. The prior 1.3970 high becomes the first reference on any pullback.
Support: 1.4000, 1.3970, 1.3915
Resistance: 1.4023, 1.4140
What it said to watch
Loss of the 1.4000 round number would put the breakout retest in focus at 1.3970
Acceptance above 1.4023 session high opens the path toward the 1.4140 Nov high
Overbought RSI warns of a stall after the vertical run; first higher low to watch around 1.3915
14:02 UTC
Uptrend, extending · RSI 73 · price 1.4004
Breakout above week's range, fresh highs.
USDCAD spent most of the week coiling in a 1.3930–1.3960 band before the NY session pushed it clean through the 1.3969 YTD high, with the pair clearing the 1.4000 psych mark this afternoon. The leg tracks a firm USD post-CPI and a soft CAD pressured by oil weakness and Fed–BoC divergence. RSI(14) is now stretched into overbought as price runs well above EMA20 and EMA50.
Support: 1.4000, 1.3969, 1.3940
Resistance: 1.4050, 1.4140
What it said to watch
Hold above 1.3969 keeps the breakout intact; a close back below negates it and re-opens the prior range
Sustained acceptance above 1.4000 keeps the path toward 1.4140 open
UoM Consumer Sentiment Fri 14:00 UTC could shift the USD read in the next session
14:02 UTC
Uptrend, accelerating · RSI 74 · price 1.4004
Range break to fresh highs.
USDCAD spent most of the week boxed between 1.3920 and 1.3960 before NY-session demand drove a clean range break above the 1.3970 six-month high, extending to 1.4004 on oil weakness and Fed-BoC divergence. Price now sits above EMA20 and EMA50 with RSI(14) pushing into the low-70s as the impulse runs. The 1.4000 psych mark flipped from cap to near-term support beneath spot.
Support: 1.4000, 1.3970, 1.3900
Resistance: 1.4140
What it said to watch
Hold above 1.3970 keeps the breakout intact; a close back below reopens the 1.3900 weekly low
Continuation through 1.4007 puts the 1.4140 Nov-2025 high in range
UoM Consumer Sentiment Fri 14:00 UTC and any oil/US-Iran headline could shift this read
USDCAD pushed to a fresh week high near 1.3989 through the London session, the latest leg of a steady climb off Monday's 1.3899 low as a soft oil tape kept CAD pressured. Price holds well above EMA20 and EMA50 with RSI(14) elevated near 68. The 1.3955 prior cap now sits as the nearest support after the break.
Support: 1.3955, 1.3935, 1.3900
Resistance: 1.3989, 1.4000
What it said to watch
H1 close above 1.4000 psych opens the path toward the 1.4140 region
Failure to hold the 1.3955 breakout level signals momentum fading
US PPI / jobless claims reaction (12:30 GMT) could shift this read
USDCAD broke the 1.3970 prior high during the NY session and pushed to a fresh ~13-month high near 1.3986, with an oil slump and a soft Loonie post-BoC driving the bid. Price has held well above EMA20 (~1.3950) since the impulse off the 1.3899 area, and RSI(14) near 71 reflects the momentum but flags stretched conditions. The 1.4000 psych level is the next overhead area to watch.
Support: 1.3970, 1.3950, 1.3900
Resistance: 1.3989, 1.4000
What it said to watch
H1 close above 1.4000 psych extends the breakout
Loss of 1.3970 prior high would mark a failed breakout and retest
US PPI and jobless claims at 12:30 GMT could shift this read
The week opened near 1.3900 and ran to the 1.3969 YTD high early, then chopped back toward 1.3899 midweek before the NY session rally cleared 1.3969 and printed fresh highs at 1.3983. USD held firm after the hot CPI while CAD stayed soft following the BoC's dovish hold, and price now sits above EMA20/EMA50 with RSI cycling into the high 60s. The 1.3969 prior ceiling now acts as the nearest reference on any retest.
Support: 1.3969, 1.3940, 1.3900
Resistance: 1.3983
What it said to watch
US PPI at 12:30 GMT could materially shift this read
Close back below 1.3969 negates the breakout and re-opens 1.3940
Failure to hold 1.3900 confirms a lower-low for the week
USDCAD spent most of the week pinned in a 1.3900-1.3960 band before a steady NY-session push cleared the prior 1.3969 YTD high, printing a fresh week high at 1.3983. Price now sits above both EMAs with RSI(14) stretched near 71, reflecting momentum behind the breakout despite the broader USD pause after this week's in-line CPI. The 1.3969 zone, formerly the ceiling, is now the immediate retest reference.
Support: 1.3969, 1.39549, 1.3900
Resistance: 1.39831
What it said to watch
Hourly close back below 1.39549 negates the breakout and puts price back inside the week range
US PPI at 12:30 GMT could materially shift the USD leg in the next bar
Failure to hold the 1.3969 retest reopens the 1.3900 weekly low
11:01 UTC
Uptrend, fresh highs · RSI 72 · price 1.39784
Breakout above prior YTD ceiling.
USDCAD pushed through the NY session to fresh highs near 1.3983, clearing the prior 1.3969 YTD ceiling as the USD held firm post-hot-CPI while CAD stayed on the back foot after the BoC's dovish hold. The week chopped in a 1.3920–1.3960 band before this leg, and RSI(14) is now stretched above 70 into the breakout. Price sits well above EMA20 and EMA50, both of which capped earlier pullbacks this week.
Support: 1.3969, 1.3940, 1.3900
Resistance: 1.3983, 1.4000
What it said to watch
H1 close back below 1.3969 negates the breakout and returns price into the prior range
1.4000 psych area — zone to watch for rejection or extension
US PPI at 12:30 UTC could materially shift the USD leg of this read
USDCAD chopped in a 1.3920–1.3960 range for most of the week before pushing higher into the NY session, clearing the 1.39688 YTD ceiling that had capped Tuesday's high. Price now prints fresh highs at 1.39831 with RSI(14) near 70 and trading above both EMAs, the move reflecting a firmer USD post-hot CPI against a structurally soft CAD after the dovish BoC hold. The advance is stretched into overbought as US PPI looms.
Support: 1.39688, 1.3945, 1.3900
Resistance: 1.39831, 1.4000
What it said to watch
US PPI in ~2h could materially shift this read
H1 close back below 1.39688 negates the breakout and returns price into range
Loss of 1.39450 ema20 signals momentum fade
Sustained hold above 1.39831 opens the path toward 1.40000 psych
USDCAD chopped in a 1.3920-1.3960 band for most of the week before pushing to fresh highs into the NY session, clearing the 1.3969 prior ceiling and printing 1.39801. The leg follows a firm USD post-CPI and a structurally soft CAD after Wednesday's dovish BoC hold. Price now sits above EMA20 and EMA50 with RSI lifting into the high-60s.
Support: 1.3962, 1.3945, 1.3900
Resistance: 1.39801
What it said to watch
US PPI at 12:30 UTC could materially shift the USD leg this read hinges on
Hold above the 1.3969 ceiling keeps the breakout intact; a close back below puts price into the prior range
Failure to hold 1.39620 swing low signals the breakout is fading
10:02 UTC
Uptrend, breaking weekly high · RSI 67 · price 1.39773
Range break, pressing into YTD ceiling.
USDCAD spent most of the week pinned in a 1.3915–1.3960 range below the 1.3969 YTD ceiling, then the London session today drove a clean push through it toward a 1.39801 session high. The leg is consistent with a firm USD post-CPI and a soft CAD after the BoC dovish hold; RSI(14) has cycled up into the high-60s as price holds well above EMA(20) and EMA(50). Demand stepped in repeatedly at the 1.3915 swing low through the week, and pullbacks have not retested it since the break.
Support: 1.3940, 1.3915, 1.3900
Resistance: 1.39801, 1.4000
What it said to watch
Hourly close back below 1.39400 intraday support would negate the breakout read
Acceptance above 1.39801 session high opens the path toward the 1.40000 psych level
US PPI at 12:30 UTC could materially shift the USD leg in the next bars
09:02 UTC
Uptrend, breaking weekly range top · RSI 67 · price 1.39763
Range break above 1.3969 ceiling.
USDCAD spent most of the week capped under the 1.3969 YTD ceiling, ranging the 1.3920–1.3960 band after Monday's rally off 1.3875. Price broke clear of that ceiling through the London session this morning, printing a fresh session high near 1.3976 with RSI(14) pushing into the high-60s. The grind reflects rebuilt USD-long positioning and a dovish-leaning BoC, with firmer oil the main offset capping follow-through.
Support: 1.3969, 1.3900
Resistance: 1.3976
What it said to watch
Hold above 1.3969 on retest confirms the range break; a close back below puts price back inside the weekly range
US PPI + jobless claims today 12:30 UTC could materially shift this read
Loss of 1.3900 weekly low would mark a deeper reversal
09:02 UTC
Range break higher, momentum building · RSI 67 · price 1.39763
Week-long range; break above 1.3969 ceiling.
USDCAD spent most of the week boxed between 1.3920 and 1.3969, building higher lows before the latest session push cleared the 1.3969 YTD ceiling to print a session high at 1.3976. Price now trades above EMA20 with RSI(14) in the mid-60s on the breakout. CAD stayed soft after the dovish BoC hold; US PPI and claims at 12:30 UTC are the next driver.
Support: 1.3969, 1.3942, 1.3900
Resistance: 1.3976, 1.4140
What it said to watch
Hold above 1.3969 confirms the range break; a close back below reopens the 1.3920-1.3969 range
US PPI + jobless claims at 12:30 UTC could materially shift the USD read
Continuation eyes the 1.4140 nov high
08:02 UTC
Uptrend, consolidating near highs · RSI 64 · price 1.39628
Range capped below six-month high.
USDCAD is pressing the six-month high at 1.39688 after grinding higher all week on a firm USD post-CPI and a dovish BoC hold that kept CAD soft. Price has held above EMA20 and EMA50 since the Monday-into-Tuesday push, with dips to 1.3900 and the 1.38989 swing low bought back. RSI(14) sits in the low-60s as the NY session reclaims the range top.
Support: 1.3929, 1.3900, 1.38649
Resistance: 1.39688, 1.4140
What it said to watch
H1 close above 1.39688 six-month high opens the path toward 1.4140
Failure to hold the 1.3900 swing low negates the range-top read
US PPI at 12:30 GMT could materially shift this read
08:02 UTC
Uptrend, grinding into range highs · RSI 64 · price 1.39628
Consolidation just below six-month high.
USDCAD has spent the week pinned near the 1.3969 six-month high, with the dip into Tuesday's NY session bottoming at 1.3899 before buyers reclaimed the range. CAD stayed soft after the neutral-to-dovish BoC hold while a firm USD on hot May CPI keeps the pair pressed against the highs. Price sits back above EMA20/EMA50 with RSI cycling in the low-60s as the late push retests 1.3963.
Support: 1.3900, 1.38989, 1.3942
Resistance: 1.3969
What it said to watch
H1 close above 1.3969 opens the path toward 1.4140
Failure to hold 1.3900 reopens the 1.3899 swing low
US PPI at 12:30 GMT could materially shift this read
07:02 UTC
Ranging near six-month highs · RSI 57 · price 1.39559
USDCAD has spent the week grinding sideways just under the 1.39688 six-month high, with neutral-dovish BoC positioning keeping the loonie soft. Price dipped to 1.38989 mid-week before reclaiming the range and pushing back toward the highs into this session; higher lows are building above 1.3900 with RSI cycling in the mid-50s. The 1.39633–1.39688 zone has capped every attempt this week.
Support: 1.3900, 1.38989
Resistance: 1.39688, 1.39633
What it said to watch
Hourly close above 1.39688 opens the path toward the 1.4140 region
Loss of 1.3900 breaks the rising-low structure and exposes the 1.38989 wk low
US PPI + jobless claims at 12:30 UTC could shift this read
USDCAD is grinding sideways near its six-month high after Wednesday's neutral-dovish BoC hold left CAD soft. Price holds above EMA20/EMA50 with RSI mid-range; the 1.39688 high has capped attempts this week while dips into 1.3900 have been bought. The pair sits mid-range into the US PPI and claims release.
Support: 1.3900, 1.38989, 1.38649
Resistance: 1.39688, 1.39633
What it said to watch
H1 close above 1.39688 opens the path toward 1.4140
US PPI + jobless claims at 12:30 UTC could shift this read
Failure to hold 1.3900 exposes the 1.38989 swing low
USDCAD climbed off Monday's 1.3875 base to print a six-month high at 1.3969 during Tuesday's NY session, then faded back into a 1.3920-1.3960 consolidation as most of the dovish-BoC story is now priced. Price is pinned around EMA(20) near 1.3943 with RSI(14) flat near 50 after the rejection at the highs. USD stayed firm near two-month highs despite a soft US core CPI MoM print, keeping the loonie heavy.
Support: 1.3900, 1.38989, 1.39193
Resistance: 1.39688, 1.3956
What it said to watch
H1 close above 1.3969 opens the path toward 1.4140
Failure to hold 1.3900 confirms a lower-low and breaks the higher-low sequence
US PPI + jobless claims at 12:30 UTC could materially shift this read
06:02 UTC
Uptrend, momentum flat · RSI 52 · price 1.39433
Consolidation below weekly high.
USDCAD has spent the back half of the week grinding sideways between the 1.38989 week low and the 1.39688 week high, with the loonie pinned near six-month lows after a neutral-dovish BoC hold and firm USD. The Wednesday NY session high at 1.39560 has capped the latest bounce, and price now sits coiled around EMA(20) with RSI(14) hovering near 50. The dominant week impulse off 1.38649 was driven into Tuesday's NY session before stalling shy of 1.39700.
Support: 1.39154, 1.38989
Resistance: 1.3956, 1.39688
What it said to watch
H1 close above 1.39688 opens the grind toward 1.4140
Failure to hold 1.38989 confirms a lower-low
US PPI + jobless claims at 12:30 UTC could break this range
05:02 UTC
Range, near six-month high · RSI 48 · price 1.39382
Consolidation under 1.3969 ceiling.
USDCAD has coiled in a tight 1.3920–1.3950 band since the NY session yesterday, holding just below the 1.3969 six-month high after the BoC hold and a firm USD into FOMC. Price is pinned around EMA(20) with RSI(14) hovering near 48 — momentum flat after the impulse off the week's 1.3865 low. The 1.3969 ceiling has capped each push while demand keeps stepping in near 1.3920.
Support: 1.3920, 1.3900, 1.3865
Resistance: 1.3950, 1.3969
What it said to watch
US PPI + jobless claims at 12:30 UTC could break this range
H1 close above 1.3969 opens the path toward 1.4140
Failure to hold 1.3920 exposes the 1.3900 psych level
USDCAD pushed a six-month high at 1.3969 mid-week on widening US-Canada yield spreads, then settled into a tight consolidation between 1.3915 and 1.3950, with price now hovering just under flattened EMA(20)/EMA(50). RSI(14) has cycled back to the mid-40s as momentum cooled following the BoC hold and an in-line US CPI that failed to extend the dollar bid. The 1.3969 ceiling has capped the week; 1.3900 round level has absorbed the dips.
Support: 1.3900, 1.3899, 1.38649
Resistance: 1.3950, 1.39688
What it said to watch
H1 close above 1.3969 opens the grind toward 1.4140
Failure to hold 1.3900 exposes the 1.3865 week low
US PPI + jobless claims at 12:30 UTC could break the range
04:02 UTC
Range, momentum flat · RSI 49 · price 1.39384
Consolidation below six-month high.
USDCAD has spent the week pinned just under the 1.3969 six-month high, hitting 1.39688 mid-week before fading back into a 1.3920–1.3950 range. A dovish-but-in-line BoC hold yesterday gave CAD only modest relief, and price is now coiling around EMA20 with RSI(14) flat near 48. Two attempts at the 1.3950 area have been capped this week, keeping the consolidation intact.
Support: 1.3920, 1.3900, 1.3865
Resistance: 1.3950, 1.3969
What it said to watch
H1 close above 1.3969 opens the path toward 1.4140
Loss of 1.3900 confirms a deeper pullback into the range
US PPI + jobless claims at 12:30 UTC could break this consolidation
04:01 UTC
Rangebound, top of weekly range · RSI 46 · price 1.39384
Consolidation below 6-month high.
USDCAD has spent the week pinned near the top of its YTD range, with the 1.3969 six-month high capping Tuesday's push and again rejecting on later attempts. Price has since drifted back into a 1.3920-1.3960 consolidation, trading just under EMA20/EMA50 after the dovish BoC hold and a soft US core CPI print took the edge off the dollar. RSI(14) sits mid-range near 46, reflecting the balanced two-way action.
Support: 1.3920, 1.39154, 1.3900
Resistance: 1.3960, 1.39688, 1.4140
What it said to watch
H1 close above 1.3969 opens the path toward 1.4140
Loss of 1.3900 signals a deeper pullback through the range floor
US PPI + jobless claims at 12:30 UTC could shift this read
03:02 UTC
Uptrend stalling near range top · RSI 48 · price 1.39377
Consolidation below 6-mo high.
USDCAD has spent the week pinned near the top of its YTD range, tagging the 1.39688 six-month high before stalling; the dovish BoC hold and soft US core CPI gave CAD only modest relief. Price is now chopping around 1.3940 with RSI in the mid-40s and capped by a series of lower highs off the peak. Sub-1.3950 consolidation holds while the 6-mo high pivot remains intact.
Support: 1.3915, 1.3899, 1.38649
Resistance: 1.39688, 1.3957
What it said to watch
H1 close above 1.39688 opens the path toward the 1.4140 area
Loss of the 1.39150 swing low confirms a deeper pullback into the range
US PPI + jobless claims at 12:30 UTC could shift this read
03:02 UTC
Range, momentum flat · RSI 45 · price 1.39377
Consolidation below six-month high.
USD/CAD has spent the week pinned in a tight range below the 1.3969 six-month high, with the rally off Sunday's 1.3865 low stalling near 1.3969 mid-week. A dovish BoC hold and soft US core CPI nudged the pair off the high; price now sits mid-range below EMA20 with RSI flat near 44. The 1.3950 area has capped repeatedly while 1.3920 marks the floor.
Support: 1.3920, 1.3900, 1.3899
Resistance: 1.3950, 1.3969, 1.4140
What it said to watch
H1 close above 1.3969 opens the path toward the 1.4140 Nov high
Loss of 1.3900 9-day ema signals a deeper CAD-supportive pullback
US PPI + jobless claims at 12:30 UTC could shift the USD read
USDCAD spent the week pinned to the top of its YTD range, printing a 1.3969 six-month high Tuesday before stalling; the dovish BoC hold and an in-line US CPI offered no fresh fuel and the pair has eased back to 1.3933, slipping under both EMA20 and EMA50. Lower highs since Tuesday and RSI(14) back near 43 show the upside drive fading, with the 1.3960 range top capping the latest bounce.
Support: 1.39186, 1.3900
Resistance: 1.39688, 1.3956
What it said to watch
H1 close above 1.3969 opens the path toward 1.4140
Loss of 1.3900 confirms a deeper pullback from the range top
US PPI at 12:30 UTC could materially shift this read into FOMC
USDCAD ran from Monday's 1.3865 base up to a 1.3969 six-month high on Tuesday's Middle East risk-off bid, then stalled and has been pinned in a 1.3915-1.3953 band since. Price now sits just under both EMA(20) and EMA(50) with RSI(14) drifting mid-40s as the dovish BoC hold and an in-line US CPI offset each other. The 1.3969 high capped two attempts this week and remains the unbroken range ceiling.
Support: 1.3915, 1.3900, 1.38649
Resistance: 1.3953, 1.3969
What it said to watch
H1 close above 1.3969 opens the path toward the 1.4140 area
Loss of 1.3900 psych confirms a deeper pullback into the range
US PPI at 12:30 UTC could shift this read
01:02 UTC
Range, momentum neutral · RSI 49 · price 1.39403
Consolidation below week high.
USDCAD pushed to a fresh six-month high near 1.39688 mid-week before the soft US core CPI print and the as-expected BoC hold pulled price back into a 1.3915–1.3952 range. The pair is oscillating around EMA(20) with RSI(14) parked near 50, and the range cap at 1.3952 has contained the last few NY-session attempts. Higher lows off Monday's 1.3865 base keep the weekly structure intact below the 1.3969 ceiling.
Support: 1.39154, 1.3900
Resistance: 1.3952, 1.39688
What it said to watch
H1 close above 1.39688 week high opens the path toward the 1.4140 Nov high
Failure to hold 1.39000 round number confirms a lower low
US PPI + jobless claims at 12:30 UTC could shift this read
01:02 UTC
Uptrend stalling, now ranging · RSI 49 · price 1.39403
Consolidation below six-month high.
USDCAD ran from Monday's 1.3867 low to the 1.3969 six-month high midweek, then stalled and has ranged 1.3920–1.3958 as the in-line US CPI and the dovish BoC hold both proved non-events. Price is pinned to EMA(20) with RSI(14) flat near 50; the 1.3969 cap has rejected the latest push and supply has capped each retest of 1.3958.
Support: 1.3920, 1.3900, 1.3867
Resistance: 1.3958, 1.3969
What it said to watch
H1 close above 1.3969 opens the path toward 1.4140 (Nov high)
Failure to hold 1.3900 confirms a deeper pullback off the range top
US PPI + jobless claims at 12:30 UTC could materially shift this read
USDCAD has stalled into a tight range after tapping a six-month high near 1.3969, with the BoC hold and a soft US core CPI print capping the bid through the back half of the week. Price is pinned around the EMA20/EMA50 cluster near 1.3944, RSI flattened near 50 after the rejection off 1.3969. Wednesday's NY-session flush to 1.3899 was bought back, keeping the 1.3920–1.3969 band intact.
Support: 1.3922, 1.38989, 1.38649
Resistance: 1.39688, 1.39575
What it said to watch
H1 close above 1.3969 opens the path toward 1.4140
Failure to hold 1.3920 reopens 1.3899 and the week low at 1.3865
US PPI + jobless claims at 12:30 UTC Thu could shift this read
USDCAD rallied off Monday's 1.38649 low to a fresh six-month high at 1.3969 before stalling, with the in-line/soft US CPI and the fully-priced BoC hold removing fresh fuel either way. Since the peak price has chopped in a 1.3920–1.3960 range, sitting on EMA20 with RSI(14) flat near 50. The 1.3969 high capped the dominant move and has not been retested.
Support: 1.3900, 1.38649
Resistance: 1.3969, 1.39566
What it said to watch
H1 close above 1.3969 six-month high opens the path toward 1.4140
Failure to hold 1.3900 round number confirms a deeper pullback
US PPI + jobless claims at 12:30 UTC today could break this range