USD/CAD AI Live Scan, 1-hour chart, Monday, 13 July 2026
Every read JAFX AI made on the USD/CAD 1-hour chart that day, newest first: trend, structure, the levels it marked and what it said to watch.
23:02 UTC
Downtrend stabilising, range forming · RSI 53 · price 1.41531
Basing after week-low, mid-range.
USDCAD spent the week grinding lower off the 1.4204 open after Friday's Canada jobs beat, printing a week-low near 1.41171 before stabilising into a range. Price has since recovered to the 38.2% retracement of that decline around 1.4153, holding above EMA(20) with RSI(14) cycling back through the mid-50s. The 1.4170 area has capped attempts while demand has stepped in twice near 1.4125-1.4130.
Support: 1.4130, 1.41171
Resistance: 1.4170, 1.4188, 1.4204
What it said to watch
H1 close above 1.4170 opens the path toward 1.4188
Failure to hold 1.4130 reopens the week low at 1.4117
BoC decision this week could materially shift this range read
USDCAD slid from Monday's 1.4204 weekly open toward the 1.4117 week low, pressured after Friday's firm CAD jobs beat, then stabilised. Price is now cycling around EMA20 near 1.4150, holding above the 1.41275 swing low while the 1.41700 day high caps recovery attempts. Two-way flow into a quiet Asia session with US CPI and Wednesday's BoC ahead.
Support: 1.41275, 1.41171
Resistance: 1.4170, 1.4190, 1.4204
What it said to watch
H1 close above 1.41700 opens the path back to the 1.42040 weekly open
Failure to hold 1.41275 reopens the 1.41171 week low
US CPI Tue and BoC Wed could materially shift this read
22:02 UTC
Downtrend, now flattening · RSI 49 · price 1.41502
Range after this-week decline.
USDCAD spent the week grinding lower from the 1.4208 area, bottoming at 1.4117 before stabilising in a 1.4132–1.4170 range as CAD held firm on oil support and Friday's jobs beat. Price is back to Monday's session open near 1.4150, hugging EMA(20) with EMA(50) capping just overhead and RSI(14) flat around 49. Two-way flow persists ahead of Wednesday's BoC hold, with tone the swing factor.
Support: 1.4132, 1.41171
Resistance: 1.4170, 1.4188
What it said to watch
US CPI tomorrow 12:30 GMT could break the 1.4132–1.4170 range
BoC decision Wed 13:45 UTC — statement tone is the key swing
H1 close above 1.4170 range top challenges the downtrend read
Failure to hold 1.4132 reopens the 1.4117 week low
22:02 UTC
Downtrend stabilising into range · RSI 53 · price 1.41502
Ranging after early-week decline.
USDCAD sold off from the 1.4200 weekly open through the week, bottoming at 1.41171 into Friday's NY session after the firm Canadian jobs beat. Since Monday's reopen price has been carving a tight 1.4132-1.4170 range, now mid-band near 1.4150 with RSI(14) cycling around the 50 line. EMA(20) is capping pullbacks but EMA(50) overhead keeps the broader tone heavy.
Support: 1.4132, 1.41171
Resistance: 1.41702, 1.4180, 1.41993
What it said to watch
H1 close above 1.41702 range top opens the path back toward 1.4180
Loss of 1.4132 range low re-exposes the 1.41171 week low
US CPI 12:30 GMT tomorrow is a twin catalyst that can break this range
21:03 UTC
Downtrend fading, now ranging · RSI 51 · price 1.41548
Consolidation above week low.
USDCAD sold off through the week from the 1.4208 top to a 1.4117 week low as Friday's Canadian jobs beat firmed the Loonie. Price has since based and clawed back to 1.4155, holding above EMA20 while the descending EMA50 caps overhead. RSI(14) has cycled back to the mid-50s, reflecting the stall rather than fresh momentum.
Support: 1.4133, 1.41171
Resistance: 1.4170, 1.4208
What it said to watch
H1 close above 1.4170 prior high would end the consolidation read
Loss of 1.4117 week low confirms continuation of the down move
BoC decision (Wed) and US CPI could materially reset this range
USDCAD slid off Monday's 1.4208 high through a series of lower highs, bottoming at 1.4117 on Friday's CAD jobs beat, and has since gone flat in a 1.4130–1.4160 band. Price is now hugging EMA20 with RSI(14) mid-range near 53, and buyers have defended the low-1.4130s twice this week while supply caps toward the 1.4160 range top. Oil strength and the firm labour print are the CAD tailwinds keeping the pair pinned to the lows.
Support: 1.4130, 1.41171
Resistance: 1.4160, 1.4208
What it said to watch
BoC decision Wed 13:45 UTC + Macklem presser could materially shift this read
H1 close below 1.4117 confirms a lower low and breaks the range
H1 close above 1.4160 range top opens a path back toward the week high
USD/CAD opened the week near 1.4200 and ground lower through London and NY hours, printing a low at 1.4117 before basing. Price has since recovered to 1.4155, reclaiming EMA20 with RSI(14) cycling back toward the midline, though it remains below EMA50. The Loonie stayed underpinned by firm oil and Friday's jobs beat, capping USD strength ahead of Wednesday's BoC hold.
Support: 1.4130, 1.4117
Resistance: 1.4170, 1.4188
What it said to watch
H1 close below 1.4130 support reopens the week low at 1.4117
Reclaim of 1.4170 prior high needed to challenge the 1.4188 swing high
US CPI (Tue 12:30 UTC) and BoC hold (Wed) could materially shift this read
USDCAD sold from Monday's 1.4208 open down to a 1.4117 week low midweek, pressured by CAD's jobs beat and firmer oil. Price has since carved higher lows back to 1.4154, reclaiming EMA20 with RSI cycling in the mid-50s. The prior high at 1.4170 caps the recovery, while the 1.4130 support held on the last pullback.
Support: 1.4130, 1.41171
Resistance: 1.4170, 1.41904
What it said to watch
H1 close above 1.4170 opens the path toward the 1.4190 weekly open
Failure to hold 1.4130 support reopens the 1.4117 week low
US CPI (Tue 12:30 UTC) and BoC hold (Wed) could materially shift this read
USDCAD has slid since Monday's open near 1.4208 to a week low of 1.41171 during NY hours, with Friday's Canadian jobs beat and softer Fed hike bets weighing on the pair. Price is now consolidating in a 1.4130-1.4170 band, holding just above EMA(20) but capped below EMA(50), with RSI(14) cycling around the midline. A small weekend gap left the reopen near 1.4149.
Support: 1.4130, 1.41171, 1.4075
Resistance: 1.4170, 1.41956, 1.42083
What it said to watch
H1 close above 1.4170 challenges the lower-high structure
Break below 1.4130 support opens the 1.4117 week low
US CPI Tue 12:30 UTC and BoC hold Wed could reset this range
19:02 UTC
Downtrend, momentum stalling into a base · RSI 52 · price 1.41501
Lower highs into week low, now basing.
USDCAD trended lower since Monday's open, sliding from the 1.4208 weekly high into the 1.4117 week low as CAD firmed on Friday's jobs beat and higher crude tied to Strait of Hormuz headlines. Price has since based through the NY session and recovered toward 1.4150, edging back above EMA(20) while sitting under EMA(50), with RSI(14) cycling around 50. The 1.4170 swing area has capped the bounce.
Support: 1.4130, 1.41171
Resistance: 1.4170, 1.4208
What it said to watch
H1 close above 1.4170 opens the path back toward 1.4208
Failure to hold the 1.4130 support zone reopens the 1.4117 week low
US CPI Tue 12:30 UTC and BoC Wed 13:45 UTC could materially shift this read
18:02 UTC
Downtrend easing into range · RSI 47 · price 1.41472
Rangebound after Thu-Fri sell-off.
USDCAD sold off from the 1.4200 zone through Thursday-Friday into a 1.4117 low, then stabilised near the 1.4149 weekly open. Monday's session has been rangebound between 1.4127 and 1.4174, with price tracking just under EMA20 and RSI(14) cycling mid-range. CAD held firm on Friday's jobs beat and oil support, offsetting a broadly bid USD.
Support: 1.41247, 1.4130, 1.41171
Resistance: 1.41742, 1.41492, 1.42083
What it said to watch
H1 close below 1.4127 confirms a lower-low and opens 1.4075
H1 close above 1.4174 week high reopens the 1.4250 area
US CPI Tue 12:30 UTC and BoC hold Wed could reset this range read
18:02 UTC
Downtrend easing into consolidation · RSI 47 · price 1.41472
Ranging near week lows after decline.
USDCAD slid from Monday's ~1.4206 open to a Wednesday low at 1.4117 as Friday's Canadian jobs beat and pared Fed-hike bets weighed, and price has since gone sideways in a 1.4124–1.4155 band. It reopened Sunday near 1.4159 and is now hovering around the EMA(20) at ~1.4147 with RSI cycling mid-40s. Prior high at 1.4170 has capped the bounce; the range top at 1.4155 remains the near-term pivot.
Support: 1.4124, 1.41171
Resistance: 1.4155, 1.4170, 1.4188
What it said to watch
H1 close above 1.41550 range top opens 1.41700 prior high
Failure to hold 1.41240 exposes the 1.41171 week low
US CPI Tue 12:30 UTC and BoC Wed could reset this range
USDCAD has ground lower since last week's rejection near 1.4185, printing a fresh week low at 1.41247 during the NY session before stabilising back toward 1.4150. Price sits just above EMA(20) but below EMA(50) with RSI(14) mid-range near 49 as the pair bases above the 1.4130 support. The Loonie's oil-driven support and Friday's jobs beat have capped upside into Wednesday's BoC hold.
Support: 1.41247, 1.4130, 1.41171
Resistance: 1.41742, 1.4185
What it said to watch
H1 close below 1.41247 confirms a lower low and reopens 1.4117
Reclaim of 1.41742 breaks the week's lower-high sequence
US CPI Tue and BoC hold Wed could materially shift this read
17:03 UTC
Downtrend easing into range · RSI 49 · price 1.41495
Lower highs, higher lows off week low.
USDCAD is consolidating after last week's slide from 1.42079 down to the 1.41171 week low, with price recovering to the weekly open near 1.41495. It's cycling around EMA(20) but capped under EMA(50) at ~1.41650, while Monday's session high at 1.41742 lines up with the descending lower-highs. Higher lows off 1.41171 and 1.41275 keep near-term structure two-way ahead of Tuesday's US CPI and Wednesday's BoC hold.
Support: 1.41275, 1.41171
Resistance: 1.4165, 1.41742, 1.41879
What it said to watch
H1 close above 1.41742 breaks this week's lower-highs line
Failure to hold 1.41275 reopens the 1.41171 week low
US CPI (Tue) and BoC decision (Wed) could materially shift this read
USDCAD has drifted lower all week, printing a fresh week low near 1.4117 on Friday before the weekend gap reopened trade around 1.4149. Price has since faded back under EMA(20) with RSI(14) sitting in the low-40s; oil strength is underpinning CAD while a firm USD keeps the pair pinned near 1.4140. Lower highs off 1.4170 remain intact and 1.4130 is the near-term support being tested.
Support: 1.4130, 1.41171
Resistance: 1.4148, 1.4170
What it said to watch
Hourly close below 1.4130 opens the path back to the 1.4117 week low
Reclaim of the 1.4148 EMon(20) area would challenge the lower-high sequence at 1.4170
US CPI Tue 12:30 UTC and BoC Wed could materially shift this read
USDCAD has ground lower since Monday's session open, printing a week low at 1.41171 as firm oil kept CAD supported, with price now capped under EMA20 near 1.41480. The pair is consolidating in the lower half of this week's 1.41171–1.42080 range after a sequence of lower highs. RSI(14) is mid-40s, reflecting stalled rather than accelerating downside.
Support: 1.41275, 1.41171, 1.4113
Resistance: 1.4148, 1.4170, 1.4208
What it said to watch
H1 close above 1.41700 session high breaks the lower-high sequence
Failure to hold 1.41130 pivot exposes a fresh push under the 1.41171 week low
US CPI (Tue 12:30 UTC) and BoC (Wed 13:45 UTC) are near-term catalysts that could reshape this range
USDCAD has bled lower since Monday's open, printing lower highs and a week low at 1.41171 as a firm CAD (June jobs beat, oil bid) leaned on the pair. The subsequent bounce carved a higher low at 1.41247, and price now consolidates near 1.41439 below the EMA20, with RSI(14) recovering off oversold. The dominant weekly drop remains intact until the 1.41520 EMA20 zone is reclaimed.
Support: 1.41247, 1.41171
Resistance: 1.4152
What it said to watch
H1 close above 1.41520 EMA20 would challenge the downtrend read
Failure to hold 1.41171 week low confirms a fresh lower low
US CPI Tue and BoC Wed are the week's binary risk cluster for this pair
USDCAD has drifted lower since Monday's open near 1.4195, pressured under EMA20 as a firm CAD leaned on the Strait-of-Hormuz oil bid and last Friday's jobs beat. Price carved a week low at 1.41171 during the NY session before stabilising into the low 1.414s, with RSI(14) basing near 44. Lower highs remain intact and rallies have been sold below 1.4170.
Support: 1.41247, 1.41171
Resistance: 1.4170, 1.41949
What it said to watch
US CPI Tue 12:30 UTC then Warsh testimony — binary USD risk into this read
BoC decision Wed 13:45 UTC could reprice CAD sharply
H1 close above 1.4170 breaks the lower-high sequence
USDCAD has ground lower since the week opened near 1.4195, printing steady lower highs and slipping under EMA20/EMA50 through the NY session; Friday's Canadian jobs beat and firm oil continue to weigh. Price bounced off the 1.4125 recent low but rejection near the 1.4148 EMA20 keeps the H1 read heavy. RSI(14) is cycling in the low 40s, no bullish divergence yet.
Support: 1.41247, 1.41171, 1.4130
Resistance: 1.4148, 1.4170
What it said to watch
Hourly close above 1.4170 breaks the lower-high sequence and challenges the downtrend read
Loss of 1.4125 opens the path to the 1.4117 week low
US CPI Tue 12:30 UTC and BoC Wed 13:45 UTC are the week's catalysts that could reshape this read
USDCAD has ground lower through the week, tracking back from the 1.4208 peak toward 1.4117 as CAD found support from firmer oil and Friday's jobs beat while a broadly bid USD kept the pair sticky. Price sits below EMA20 and EMA50 with RSI(14) cycling in the low-40s, and the bounce off 1.4128 into the current NY hours has stalled under 1.4160. The lower-high sequence off 1.4208 remains intact.
Support: 1.41275, 1.41171
Resistance: 1.41595, 1.4170
What it said to watch
Hourly close below 1.41171 confirms a lower-low extension
Reclaim of 1.41595 challenges the lower-high sequence
US June CPI Tue 12:30 UTC could materially shift this read
BoC decision Wed 13:45 UTC is a near-term CAD catalyst
USDCAD has ground lower all week, trading below EMA20 and EMA50 since the mid-window break under 1.4156, with CAD firm on the oil bid and Friday's jobs beat. Price gapped slightly lower into Monday's session and is now retesting the week low near 1.4117, RSI(14) sitting mid-40s without a fresh momentum extreme. The 1.4170 swing high has capped bounces on the Monday leg.
Support: 1.4117, 1.4124
Resistance: 1.4170
What it said to watch
H1 close back above 1.4170 would neutralise the lower-high sequence
Failure to hold 1.4117 confirms a lower-low and extends the downtrend
US CPI Tue 12:30 UTC and BoC Wed 13:45 UTC could materially shift this read
13:03 UTC
Downtrend, grinding lower · RSI 42 · price 1.4134
Lower highs and lower lows this week.
USDCAD has stayed offered since Monday's open, extending a run of lower highs as CAD held firm on the oil surge and Friday's jobs beat. Price is pinned below EMA20 and EMA50 with RSI(14) cycling in the low-40s, and the 1.4130 support is now being tested after the pair drifted through the NY session. A clean loss of 1.4130 exposes the 1.4117 swing low from last week's impulse.
Support: 1.4130, 1.4117, 1.4075
Resistance: 1.4170
What it said to watch
H1 close below 1.4130 support opens the path to 1.4117 swing low then 1.4075 socgen tgt
Reclaim of 1.4170 session high needed to break the lower-highs sequence
US CPI Tue 12:30 UTC and BoC decision Wed 13:45 UTC could materially shift this read
USDCAD has stayed under pressure since last week's open near 1.4219, printing a sequence of lower highs and now trading below both EMA(20) and EMA(50). This week reopened around 1.4149, tagged 1.4174 before rolling over through the NY session to 1.4125, holding just above last week's 1.4117 low. USD's safe-haven bid is being offset by Friday's firm Canadian jobs beat, keeping the pair pinned in its 1.41 zone ahead of Tuesday's US CPI and Wednesday's BoC decision.
Support: 1.41247, 1.41171
Resistance: 1.4148, 1.41742, 1.4219
What it said to watch
H1 close below 1.4117 confirms a lower low and extends the downtrend
Reclaim of EMA(20) near 1.4148 would ease downside pressure
US CPI Tue 12:30 UTC and BoC Wed 13:45 UTC are the dominant catalysts for this read
USDCAD has trended lower since Monday's open, pressing down to ~1.4133 and holding below both EMA20 and EMA50 with RSI(14) sub-40. A firm USD on the safe-haven bid keeps the pair sticky, but soft oil and Friday's CAD jobs beat have capped rallies, leaving a sequence of lower highs into the NY session. The 1.41171 week low is the immediate floor being tested.
Support: 1.41247, 1.41171
Resistance: 1.4170
What it said to watch
H1 close below 1.41171 confirms a fresh lower low
Reclaim of 1.41700 breaks the descending lower-high sequence
US CPI Tue 12:30 UTC is the dominant catalyst for the USD leg
BoC decision Wed 13:45 UTC could reset the CAD side
USDCAD has trended lower all week from the 1.4226 open, carving lower highs into the 1.4117 week low set Thursday. Monday's session bounced to 1.4170 before renewed selling dragged price back toward 1.4128, keeping it below both EMA(20) and EMA(50). The move is largely USD-side positioning ahead of Tuesday's US CPI, with the Loonie's jobs-beat bounce now spent.
Support: 1.41171, 1.4113, 1.41075
Resistance: 1.4170, 1.4200, 1.42259
What it said to watch
H1 close below 1.41171 week low confirms a lower-low toward 1.41075
Reclaim of 1.41700 prior high needed to challenge the downtrend
US CPI Tue 12:30 UTC and BoC Wed 13:45 UTC could materially shift this read
USDCAD has stair-stepped lower all week under a chain of lower highs, with the latest NY-hours leg dragging price back toward the 1.4117 week low. CAD firmness after Friday's jobs beat and softer oil-driven USD support have kept the pair pinned below EMA(20) and EMA(50); RSI(14) near 38 reflects the renewed downside push. Price is trading at the lower edge of the week's descending channel.
Support: 1.41171, 1.4100
Resistance: 1.4155
What it said to watch
Break of 1.41171 week low confirms continuation lower toward the 1.4100 psych handle
H1 close back above 1.41550 EMA(20) would neutralise the downtrend read
US June CPI Tue 12:30 UTC and BoC hold Wed are the week's key catalysts and could reset this structure
10:02 UTC
Downtrend, near week lows · RSI 42 · price 1.41399
Lower highs, lower lows.
USD/CAD has trended lower through the week beneath both EMA(20) and EMA(50), with CAD firming after Friday's jobs beat before the safe-haven USD bid slowed the slide. Price probed a week low at 1.41171 during NY hours, bounced to 1.41742 after the weekend gap, then rolled back toward the lows and closed near 1.41399. RSI(14) sits in the low-40s with no bullish divergence yet.
Support: 1.41321, 1.41171, 1.4100
Resistance: 1.41742
What it said to watch
H1 close below 1.41171 confirms a fresh lower low
Reclaim of 1.41742 would break the week's lower-high sequence
US CPI Tue 12:30 UTC could materially shift this read
10:02 UTC
Downtrend, consolidating in lower range · RSI 43 · price 1.41399
Lower highs, holding above week low.
USD/CAD ground down from last week's 1.4226 area to a 1.4117 low before bouncing into Friday on the CAD jobs beat. This week opened soft and price is sliding back toward the mid-1.413s, trading below EMA(20) and EMA(50) with RSI(14) in the low-40s. Resistance at 1.4170 capped the Monday bounce and the pair is edging back toward the day low.
Support: 1.4132, 1.41171
Resistance: 1.4170, 1.4188
What it said to watch
H1 close below 1.4117 confirms a lower-low
Reclaim of 1.4170 needed to negate the slide
US CPI Tue and BoC Wed could materially reshape this read
09:03 UTC
Downtrend, fresh leg lower · RSI 42 · price 1.41359
Lower highs, lower lows.
USD/CAD has trended lower since Monday's open, with the dominant leg down from 1.4226 to the 1.4117 week low after Friday's CAD jobs beat firmed the Loonie. Price has slipped back under EMA(20) and EMA(50) into the NY session, printing a fresh push toward the 1.4130 pivot with RSI(14) around 41. The 1.4170 session high has capped the recovery attempts this week.
Support: 1.4130, 1.41171
Resistance: 1.4170, 1.41879, 1.42259
What it said to watch
BoC decision Wed 13:45 UTC is the key catalyst that could reshape this read
Break below 1.41171 confirms a new lower-low
H1 close above 1.4170 challenges the lower-high sequence
09:03 UTC
Downtrend, lower highs · RSI 42 · price 1.41359
Series of lower highs since Monday, pressing week lows.
USDCAD has trended lower since Monday's open, printing a sequence of lower highs after CAD firmed on Friday's jobs beat (+18.2K vs 10K). Price sits below EMA20 and EMA50 and is now pressing the 1.4130 pivot near the week low, with the 1.4170 lower-high capping the last bounce. RSI(14) cycling in the low-40s reflects the soft tone into the BoC hold on Wednesday.
Support: 1.4130, 1.4117, 1.4075
Resistance: 1.4170
What it said to watch
Hourly close below 1.4117 confirms a fresh lower-low
Reclaim of 1.4170 lower high would soften the downtrend read
BoC decision Wed 13:45 UTC is the main CAD catalyst — could reshape this read
USDCAD has ground lower all week from Monday's 1.4213 open, pressured after the strong Canadian jobs beat, and price is capped below the H1 EMA(20) around 1.4165. The week low at 1.41171 held once on a bounce, but the pair has since rolled back over toward 1.4142 after a weekend gap down. RSI(14) sits in the low-40s, tracking the drift without a clear divergence.
Support: 1.41326, 1.41171, 1.4075
Resistance: 1.4165, 1.41893, 1.4213
What it said to watch
BoC decision Wed 13:45 UTC plus US CPI Wed 12:30 UTC are the dominant catalysts and can reset this read
Break below 1.41171 week low opens the path toward 1.4075
H1 close back above 1.4165 EMA(20) would neutralise the lower-high sequence
USDCAD has stayed heavy since the Canadian jobs beat, sliding from Thursday's 1.4226 area toward the 1.41171 week low before steadying near 1.4140. Price sits below EMA20 and EMA50 with a weekend gap lower into this week's open, and each bounce has been capped under 1.41700 (prior high). RSI(14) around 39 reflects sustained selling without yet reaching oversold.
Support: 1.41326, 1.41171
Resistance: 1.4170, 1.41879
What it said to watch
Close above 1.41700 (prior high) would break the sequence of lower highs
Break below 1.41171 (week low) confirms a fresh lower low
BoC decision Wed 13:45 UTC and US CPI Wed 12:30 UTC are the dominant catalysts and could reset this read
07:02 UTC
Downtrend, stalling into consolidation · RSI 49 · price 1.41617
Week-long lower highs, basing near 1.4160.
USDCAD spent the week grinding lower from 1.422, tagging a weekly low of 1.4117 on Friday's Canada jobs beat before stabilising around 1.4160. Price is hugging EMA(20) with RSI(14) back to neutral, and the 1.4170 range top has capped the recovery attempts into today's session. EMA(50) still sits overhead near 1.4168, keeping the broader down-slope intact.
Support: 1.4130, 1.41171
Resistance: 1.4170, 1.4200
What it said to watch
US CPI Tue 12:30 UTC and BoC Wed 13:45 UTC could materially shift this read
H1 close below 1.4130 range support reopens the path to the 1.41171 weekly low
Reclaim of 1.4200 round number needed to negate the week's lower-high structure
07:02 UTC
Downtrend faded, now consolidating · RSI 51 · price 1.41617
Recovery off week low, ranging near EMA cluster.
The pair spent the week grinding lower from 1.4226 toward a 2-week low near 1.4117, with CAD firming after Friday's employment beat. Since Monday's open price has stabilised around 1.4160, chopping between the 1.4150 session low and the 1.4171 day high just under the week's lower-high structure. Front-end focus is on US CPI Tuesday and Wednesday's BoC hold, both of which sit above this consolidation.
Support: 1.4150, 1.4130, 1.4117
Resistance: 1.4171, 1.4189, 1.4200
What it said to watch
US CPI Tue 12:30 UTC could break the 1.4150-1.4171 consolidation
BoC decision Wed 13:45 UTC — dominant CAD catalyst
Loss of 1.4117 week low confirms a fresh lower-low
Hourly close above 1.4200 pivot invalidates the downtrend read
USDCAD sold off through last week after Friday's CAD jobs beat and reopened this Monday near 1.4150 with the weekend gap quickly filled. Price is now hemmed into a tight 1.4150–1.4170 range, pinned around EMA20 with RSI(14) flat near 50 as the market waits on Tuesday's US CPI and Wednesday's BoC hold. The 1.4170 range top has capped the early-week bounce while 1.4130 marks the retracement floor.
Support: 1.4150, 1.4133, 1.41171
Resistance: 1.4170, 1.4188
What it said to watch
US CPI Tue 12:30 UTC is the dominant near-term catalyst and could break this range
BoC hold Wed with the guidance tone the swing factor for the pair
H1 close below 1.4130 confirms a lower-low toward the 1.4117 week low
Close above 1.4170 opens the path back toward the 1.4188 prior high
06:02 UTC
Downtrend early week, now consolidating · RSI 48 · price 1.41622
Basing after lower lows, ranging 1.4150-1.4175.
USDCAD sold off from Monday's 1.4213 open down to 1.4117 as CAD firmed on Friday's jobs beat, snapping the pair's multi-week run. Since then price has based and gone sideways in a tight 1.4150-1.4175 band, with RSI(14) hovering near 47 and price pinned to a flattening EMA(20). Wednesday's BoC hold is the dominant near-term catalyst.
Support: 1.4150, 1.4130, 1.41171
Resistance: 1.4171, 1.4189, 1.4213
What it said to watch
BoC decision Wed 13:45 UTC — guidance is the swing factor for this range
Clean break below 1.4130 support opens the path toward 1.4075
Hourly close above 1.4189 prior high would break the consolidation upward
Lower highs into 1.4117 low, corrective bounce stalling.
USDCAD sold off from the 1.4218 weekly open toward a 1.4117 low after Friday's Canadian jobs beat drove CAD strength, marking the pair's first weekly loss in six. The corrective bounce off that low stalled near 1.4170 — roughly the 50% retrace of the week's down move — and price is back below EMA20/EMA50 with RSI hovering near 47. Early Monday trade is quiet after the weekend gap, coiling between 1.4130 support and the 1.4170 bounce high.
Support: 1.4130, 1.4117
Resistance: 1.4170, 1.4188, 1.4218
What it said to watch
H1 close above 1.4170 opens the 1.4188 prior high
Loss of 1.4130 range support reopens the 1.4117 week low
US CPI Tue 12:30 UTC and BoC Wed 13:45 UTC could materially shift this read
05:03 UTC
Downtrend, consolidating near lows · RSI 45 · price 1.41528
Lower highs since Monday, ranging above week low.
USDCAD has trended lower since Monday's open near 1.4218, with a soft USD near three-week lows and firmer CAD after Friday's jobs beat driving the drop into the 1.4117 week low. Price has since carved a range between 1.4130 and 1.4189, now sitting below EMA20 with RSI(14) mid-40s. Descending lower-highs off Monday's peak still cap the week's rallies.
Support: 1.4130, 1.4117
Resistance: 1.4175, 1.4189, 1.4218
What it said to watch
H1 close below 1.4117 confirms a fresh lower-low
Close above 1.4189 breaks the week's descending lower-highs
BoC decision Wed 13:45 UTC is the dominant near-term catalyst
US CPI Tue 12:30 UTC could shift USD side of this read
USDCAD slid through last week from 1.4225 to a 1.4117 low, with the sharpest leg landing Friday after the Canadian jobs beat (+18.2K vs +10K). Price has since stabilised near 1.4160 and the new week opened flat, coiling between the 1.4130 range support and lower highs into the 1.4180 zone. RSI(14) sits mid-range near 49 with price hugging EMA20 but capped by EMA50 overhead.
Support: 1.4130, 1.41171
Resistance: 1.4180, 1.42176, 1.4225
What it said to watch
Clean H1 close below 1.4130 opens the 1.41171 week low then lower
Reclaim of 1.4180 challenges the descending lower-highs line
BoC rate decision Wed 13:45 UTC (hold at 2.25% expected) is the dominant near-term catalyst
US CPI Tue 12:30 UTC could shift the USD leg of this read
USDCAD ground lower through the week from 1.4226, extending to a 1.4117 low into Friday's NY session after the CAD jobs beat, before stabilising near 1.4160. This week gapped open around 1.41492 and has clawed back to hold just above EMA(20), with RSI(14) parked near 50 as the pair consolidates the decline. Price sits below EMA(50) and under the 1.4174 session high that has capped the bounce.
Support: 1.41492, 1.4130, 1.41171
Resistance: 1.4174, 1.41898, 1.4226
What it said to watch
Clean break below 1.4130 targets the 1.41171 week low
H1 close above 1.4174 opens the path back toward 1.41898
BoC decision Wednesday (13:45 UTC) is the dominant near-term catalyst for this read
USDCAD spent the prior week grinding lower, printing a 2-week low near 1.4117 after Friday's Canadian jobs beat (+18.2K vs +10K) snapped a six-week USD/CAD run. The new week reopened around 1.4149 and drifted up through the Asia session to 1.4168, holding just above EMA(20). RSI(14) has cycled back to the mid-50s as the earlier downside momentum cools, but the 1.4174 day high still caps.
Support: 1.4149, 1.4130, 1.4117
Resistance: 1.4174, 1.4189
What it said to watch
BoC hold + MPR/press conference Wed 13:45 UTC is the dominant near-term catalyst
H1 close above 1.4174 opens the 1.4189 prior high
Failure to hold 1.4130 range low confirms continuation toward 1.4075
US CPI Tue 12:30 UTC could spill into USD leg of the pair
USDCAD fell steadily from Monday's 1.4226 open, bottoming near 1.4117 as CAD firmed on Friday's employment beat — the pair's first weekly loss in six. Price has since clawed back to ~1.4168, building a series of higher lows off that base and holding above EMA20/50, with RSI cycling around the midline. The 1.4189 swing high caps the recovery ahead of Wednesday's BoC decision.
Support: 1.4130, 1.41171
Resistance: 1.4189, 1.42217
What it said to watch
H1 close above 1.4189 opens the path back toward the 1.4222 week open
Failure to hold 1.4130 boc support reopens the 1.4117 week low
BoC rate decision + MPR Wed 13:45 UTC is the dominant catalyst; guidance the swing factor
USDCAD spent the week grinding lower under a chain of lower highs, breaking to a three-week low near 1.4117 after Friday's CAD jobs beat (18.2K vs 10K f/c). Price has since based and clawed back toward EMA(20) around 1.4160 with RSI(14) recovered off oversold to the low-50s; a weekend gap higher on Sunday's reopen has held. Recovery remains capped below the 1.4188 swing high and the 1.4200 pivot.
Support: 1.4130, 1.4117
Resistance: 1.4188, 1.4200, 1.4218
What it said to watch
H1 close above the 1.4200 pivot would negate the lower-high sequence
Failure to hold 1.4130 support re-exposes the 1.4117 week low
BoC decision Wed 13:45 UTC and US CPI Tue 12:30 UTC could materially reshape this read
Consolidating near weekly lows after impulsive drop.
USDCAD sold off through last week toward the 1.41171 weekly low as Friday's CAD jobs beat (18.2K vs 10K) firmed the Loonie and pulled the pair to a three-week low. This week opened around 1.41492 and has since chopped between the wk open and the 1.41742 prior high, holding just above EMA(20) but capped under EMA(50). Structure remains lower-highs-lower-lows with momentum flattening into midweek risk.
Support: 1.41492, 1.4130, 1.41171
Resistance: 1.41742, 1.4200
What it said to watch
H1 close above the 1.41742 prior high opens the 1.42 pivot and challenges the lower-highs read
Loss of 1.41300 socgen support exposes the 1.41171 weekly low
US CPI Tue and BoC decision Wed could materially reshape this read
USDCAD ground lower all of last week from the 1.4211 weekly open to a 1.41171 low as strong Canadian jobs (18.2K vs 10K, wages 3.7%) firmed the loonie and a soft USD drained bids. Price has since recovered to ~1.4170, reclaiming EMA20 and stalling around the 50% retracement of the weekly range. Lower highs off 1.4226 still cap the topside while 1.4130/1.4117 has held on repeated tests.
Support: 1.4130, 1.41171
Resistance: 1.4190, 1.4211
What it said to watch
H1 close above 1.4190 lower-high line would break the descending sequence
Loss of 1.4130 3-week low reopens the 1.41171 weekly low
BoC decision Wed 13:45 UTC and US CPI Tue 12:30 UTC could reset this read
USDCAD trended lower through the week off 1.4226, bottoming at the 1.4117 three-week low into Friday's NY session after the upside Canadian jobs beat firmed CAD. Price has since recovered above EMA(20) to 1.417 on thin Asian-open flows, retesting the descending series of lower highs. RSI(14) has cycled back to the high-50s but the broader structure of lower highs from Monday's open remains intact below 1.4200.
Support: 1.4155, 1.4117
Resistance: 1.4180, 1.4200, 1.4226
What it said to watch
Hourly close above 1.4200 invalidates the lower-high structure
Failure to hold 1.4155 reopens the 1.4117 week low
BoC rate decision Wed 13:45 UTC could materially shift this read
00:02 UTC
Downtrend, bounce off lows · RSI 51 · price 1.41652
Lower highs into 1.4117 base, week's open recovering.
USD/CAD trended lower all week from the 1.4213 area down to a 1.4117 three-week low after Canada's jobs beat kept CAD firm. The new week gapped and recovered back to 1.4165, with price reclaiming EMA(20) but still capped below EMA(50) and the 1.4180 prior high. RSI(14) has lifted off its lows to the mid-50s as the down-leg stalls into a base around 1.4117.
Support: 1.4130, 1.4117
Resistance: 1.4180, 1.4200
What it said to watch
Hourly close back below 1.4130 range top re-exposes the 1.4117 week low
Reclaim of 1.4180 prior high would break the week's lower-high sequence
US CPI Tue 12:30 UTC and BoC Wed could materially shift this read
USDCAD has traded a steady downtrend since Monday's open, printing lower highs as USD softness and a stronger-than-forecast Canadian jobs report drove the pair down to a 1.41171 week low. Price has since carved a corrective bounce off that low, reclaiming EMA20 with RSI(14) recovering back toward the midline. A small weekend gap and the 1.4188 lower-high band frame the near-term structure.
Support: 1.41171, 1.4135
Resistance: 1.4188, 1.4200, 1.42259
What it said to watch
Hourly close above 1.4188 breaks the lower-high sequence and challenges the 1.42 psych level
Failure to hold 1.4135 reopens the 1.41171 week low
BoC decision Wed 13:45 UTC could materially shift this read