USDCAD slid through the London-NY session after the soft US CPI and firm CAD oil bid, capped by the impulsive drop-bar to 1.4055. Asia has drifted lower on thin volume, edging under prior support at 1.4057 to press the session low around 1.4054, RSI(14) cooling near 37.
Support: 1.40543, 1.40473
Resistance: 1.4073
What it said to watch
Break below 1.40543 opens 1.40473 swing low
Reclaim of 1.40730 swing high negates the lower-high sequence
BoC rate decision (13:45 UTC) could materially shift this read
USDCAD sold off from 1.4115 during London hours as soft US CPI weighed on the dollar against an oil-firm CAD, bottoming at 1.40473 before consolidating 1.4054–1.4073. Asia hours are thin and price is grinding back toward the session low at 1.40558, RSI(14) sub-40 but not extreme.
Support: 1.40514, 1.40473
Resistance: 1.4073, 1.4099, 1.4115
What it said to watch
M15 close below 1.40473 confirms a lower-low and continuation
Reclaim of 1.40730 range top negates the downtrend read
US PPI + BoC decision later this week could materially shift this read
23:32 UTC
Downtrend, momentum flat · RSI 39 · price 1.40548
Consolidation breaking to new lows.
USDCAD dropped through 1.4055 earlier in the session on soft US CPI and firm oil, then coiled between 1.4055 and the 1.40741 session high. Price is now drifting to fresh session lows on thin Asian volume, edging toward the 1.40473 swing low with RSI(14) sub-40.
Support: 1.40473, 1.40514
Resistance: 1.4070, 1.40741
What it said to watch
Close below 1.40473 confirms a lower low and extends the down leg
Reclaim of 1.40700 consol top negates the breakdown
Wed US PPI (12:30 GMT) and BoC decision are near-term risk to this read
USDCAD sold off sharply during NY hours, dumping ~90 pips to 1.40473 before stabilising. Price has since coiled between 1.40545 and 1.40700; the quiet Asia session is now grinding back toward the session lows at 1.40545, price holding below EMA20/50.
Support: 1.40473, 1.40545
Resistance: 1.4070
What it said to watch
M15 close below 1.40473 confirms a lower-low and extends the downtrend
Recovery above 1.40700 range top negates the drift lower
BoC rate decision Wed 13:45 UTC could materially shift this read
23:17 UTC
Downtrend, momentum flat · RSI 43 · price 1.40584
Consolidation near session lows after impulsive drop.
USDCAD dropped hard through 1.4110 into 1.4055 on the impulse leg, with CAD firm on stronger oil and the softer US CPI unwind weighing on the dollar. Asia session has since drifted flat between 1.4058 and 1.4073, RSI mid-40s, volume thin — no fresh direction off the session low.
Support: 1.40556, 1.40473
Resistance: 1.4073, 1.4097
What it said to watch
M15 close above 1.40730 swing high opens the path to 1.40970
Failure to hold 1.40473 swing low extends the leg lower
BoC rate decision at 13:45 UTC could materially shift this read
23:16 UTC
Downtrend, momentum flat · RSI 43 · price 1.40584
Post-selloff consolidation near lows.
USDCAD sold off hard from 1.4115 to 1.4047 during the NY session as a soft US CPI print and firm oil weighed on the dollar. Price recovered to 1.4074 and is now coiling near 1.4058 in thin, late Asian trade, RSI(14) mid-40s. No fresh directional impulse; sits mid-range between 1.4047 and 1.4074.
Support: 1.40556, 1.40473
Resistance: 1.40741, 1.40969
What it said to watch
M15 close below 1.4047 extends the lower-low sequence toward 1.4020
Reclaim of 1.4074 puts 1.4097 back in play
BoC decision and US PPI later this week are the key structural risks
Consolidating near session lows after NY sell-off.
USD/CAD dropped sharply through the NY session as the soft US CPI backdrop kept the dollar heavy, printing 1.4047 before a shallow bounce capped at 1.4073. Asian hours are dead flat, ATR compressed to ~4 pips as price coils just above 1.4057 with RSI subdued near 42.
Support: 1.4057, 1.4047
Resistance: 1.4073
What it said to watch
M15 close below 1.4047 confirms a fresh lower-low
Reclaim of 1.4073 needed to break the intraday consolidation
BoC decision + US PPI Wed could materially shift this read
NY session sold off sharply mid-window to 1.4051 on the soft US CPI-driven dollar softness, printing a high-volume flush. Since then price has based between 1.4055 and 1.4074; Asian hours are drifting flat near 1.406 with volatility collapsed and RSI neutral.
Support: 1.4055, 1.4051
Resistance: 1.4074
What it said to watch
Break of 1.4055 base opens the 1.4051 session low
Reclaim of 1.4074 needed to unwind the NY selloff
BoC decision + US PPI Wed could materially shift this read
Impulsive leg down, now consolidating above the low.
USDCAD sold off through NY hours to a 1.4047 swing low on soft US CPI and firm crude underpinning CAD, then bounced to the 1.40732 fib 38.2 retrace. Price has since drifted into a tight lower-high consolidation and now sits at the 1.4055-1.4060 session low in thin Asia trade, RSI near 41.
Support: 1.4055, 1.4047
Resistance: 1.40732
What it said to watch
M15 close below 1.4055 exposes the 1.4047 swing low
Close above 1.40732 (fib 38.2) breaks the consolidation lower highs
BoC decision Wed 13:45 UTC could reset this read
22:46 UTC
Downtrend, now flat near lows · RSI 43 · price 1.40596
Consolidating above session low after sell-off.
USDCAD sold off sharply mid-window from 1.4115 to 1.4051 as WTI strength kept CAD firm into Wednesday's BoC hold. Price has since ranged 1.4055–1.4074 and is drifting back toward the session low on thin late-session volume, RSI(14) in the low 40s.
Support: 1.40514, 1.40556
Resistance: 1.40741, 1.4090
What it said to watch
M15 close below 1.40514 confirms a lower-low and reopens downside
Reclaim of 1.40741 range top needed to shift the intraday read
BoC rate decision + MPR Wed 13:45 UTC is the primary CAD catalyst
22:32 UTC
Downtrend, now consolidating · RSI 44 · price 1.40589
Sharp selloff then flat range.
USDCAD sold off sharply through the NY session, breaking to 1.4051 before basing, consistent with a softer USD on the CPI miss and a firmer oil-backed CAD. Since then price has coiled 1.4056–1.4073; late Asia bars are tight and low-volume with RSI(14) in the mid-40s.
Support: 1.40556, 1.40514
Resistance: 1.4073, 1.4076
What it said to watch
M15 close above 1.4073 range top opens the path back toward 1.4100
Break below 1.4051 session low extends the down leg
BoC rate decision Wed 13:45 UTC could materially reset this read
22:31 UTC
Downtrend, momentum flat · RSI 43 · price 1.40589
Post-breakdown consolidation, drifting lower.
USDCAD broke down through 1.4110 on the soft US June CPI print, spiking lower to 1.40473 before stabilising. Price has since coiled in a tight 1.4055–1.4074 range through thin late-Asia hours, now drifting back toward the lower edge with RSI(14) mid-40s and ATR compressed near 5 pips.
Support: 1.40514, 1.40473
Resistance: 1.4073, 1.40741
What it said to watch
M15 close below 1.40514 confirms a lower low and reopens 1.40473
Reclaim of 1.40740 range top negates the drift lower
BoC decision Wed 13:45 UTC and US PPI 12:30 UTC could materially shift this read
22:16 UTC
Downtrend, momentum flat · RSI 43 · price 1.40599
Consolidation after NY selloff.
USDCAD dropped hard through NY hours from ~1.4115 to a 1.40514 session low as WTI strength supported CAD, then bounced and stalled at the 38.2% retrace near 1.40730. Asia session is quiet and coiled around 1.40600, ATR compressed to ~5 pips with RSI neutral.
Support: 1.40514, 1.40473
Resistance: 1.4073, 1.40969
What it said to watch
M15 close below 1.40514 reopens the 1.40473 swing low
Reclaim of 1.40730 recent high would ease the sell pressure
BoC rate decision Wed 13:45 UTC could materially shift this read
USDCAD sold off hard mid-window, breaking from 1.4114 to a 1.40541 session low as soft US June CPI undercut the dollar. Since then price has coiled in a tight 1.4054–1.4073 range on thinning late-NY volume, holding just below EMA20 with RSI(14) flat near 45.
Support: 1.40541, 1.40475, 1.4050
Resistance: 1.4073, 1.4097, 1.4110
What it said to watch
M15 close below 1.40541 confirms a lower-low continuation toward 1.40475
Reclaim of 1.40730 range high would neutralise the intraday downside pressure
BoC rate decision Wed 13:45 UTC and US PPI 12:30 UTC could materially shift this read
Lower highs since post-CPI drop, coiling above session low.
USDCAD sold off sharply on the soft US CPI print, printing a session low at 1.40556 before basing in a 1.40473–1.40740 range. The bounce stalled at the 38.2% fib (1.40740) and price has drifted back to the low end into thin Asian hours, holding just above 1.40556 with a chain of lower highs.
Support: 1.40556, 1.40473
Resistance: 1.4074
What it said to watch
M15 close below 1.40473 confirms a lower low
Reclaim of 1.40740 negates the lower-high sequence
BoC decision + Warsh testimony Wed could materially shift this read
22:02 UTC
Downtrend, basing near lows · RSI 42 · price 1.40594
Post-drop consolidation above session low.
USDCAD sold off sharply through the NY session after the soft US June CPI print undercut the dollar, breaking to a session low at 1.40473. Price has since consolidated in a tight 1.40556–1.40741 band and is now drifting back toward the lower edge near 1.40594 on thinning late-session volume.
Support: 1.40473, 1.40556
Resistance: 1.40741
What it said to watch
Close below 1.40473 confirms a fresh lower low and extends the downtrend
Reclaim of the 1.40741 swing high would signal the consolidation is turning higher
BoC rate decision + MPR Wed 13:45 UTC could materially shift this read
21:47 UTC
Downtrend, consolidating near lows · RSI 39 · price 1.4059
Sharp down-leg then range at the base.
USDCAD sold off sharply mid-window toward 1.4047 amid the softer-dollar tone following the CPI miss, then consolidated 1.4047–1.4074. Price is drifting back to the lower edge in thin late-session trade, RSI(14) near 39.
Support: 1.4047
Resistance: 1.4074
What it said to watch
Close below 1.4047 session low extends the down-leg
Reclaim of 1.4074 range cap needed to ease downside pressure
USDCAD sold off through the NY session as a soft US dollar met oil-driven CAD strength, sliding from 1.4115 to a 1.4047 session low. Price has since coiled in a 1.4055–1.4072 band and is drifting back toward the lows on thin late-session volume, sitting under both EMAs.
Support: 1.4047, 1.4055
Resistance: 1.4072, 1.4090
What it said to watch
Close below 1.4047 confirms a fresh lower-low
Reclaim of 1.4072 range top negates the drift lower
BoC decision Wed 13:45 UTC could materially reset this read
Consolidating just above session lows after impulsive drop.
USDCAD legged sharply lower midday as the soft US CPI backdrop kept the dollar heavy, breaking from 1.4115 down to 1.4047. Price has since gone flat, chopping in a tight 1.4057–1.4073 band into the close with RSI(14) mid-range, no fresh push.
Support: 1.4057, 1.4047
Resistance: 1.4073, 1.4100
What it said to watch
M15 close below 1.4047 confirms a fresh lower-low
Reclaim of 1.4073 session high opens the path back toward 1.4100
BoC rate decision + MPR Wed 13:45 UTC and Warsh testimony can materially reset this range
21:31 UTC
Downtrend, now flat near lows · RSI 43 · price 1.4059
Consolidation after impulsive selloff.
USDCAD sold off sharply mid-window, a ~110-pip leg from 1.4115 into a 1.4047 session low as soft US CPI and firm oil pressured the pair. Price has since consolidated between the session low and the 1.4074 range high, drifting back toward 1.4059 into late NY with RSI(14) in the mid-40s.
Support: 1.4047, 1.4055
Resistance: 1.4074, 1.4110
What it said to watch
M15 close below 1.4047 confirms a fresh lower-low and reopens downside
Reclaim of 1.4074 range high would negate the late-session drift
BoC rate decision/MPR Wed 13:45 UTC could materially shift this read
USDCAD dropped through the NY session to a session low of 1.40514 as WTI strength kept the Loonie firm, then based and is now consolidating in a tight 1.40575–1.40730 band. Price sits below EMA20/50 with RSI(14) mid-range; no fresh directional break in play.
Support: 1.40575, 1.40514, 1.4050
Resistance: 1.4073
What it said to watch
Close back above 1.40730 range top would neutralise the downside read
Loss of 1.40514 session low confirms a lower-low continuation
BoC rate decision + MPR Wed 13:45 UTC could materially shift this read
USDCAD ground lower through the NY session, extending soft-USD/firm-CAD flows off the CPI miss and the oil-driven Loonie bid, printing a low at 1.40473 before basing near 1.4065. Late-session action is a tight consolidation between 1.40575 and 1.40730, RSI(14) recovering off oversold with no fresh impulse.
Support: 1.40575, 1.40473
Resistance: 1.4073
What it said to watch
Close below 1.40575 reopens the 1.40473 swing low
Reclaim of 1.40730 recent high would break the lower-high chain
BoC decision Wed 13:45 UTC could materially shift this read
A sharp leg down through the London-NY session broke to 1.4047, aided by broad USD softness after yesterday's CPI miss. Price has since consolidated between 1.4055 and the 1.4074 range top, now edging back toward the lower end late in the NY session with RSI(14) mid-40s.
USDCAD sold off sharply through NY hours on the broad USD unwind after the soft US CPI, dropping from ~1.4115 to a session low at 1.40473. Since then it has ranged 1.40556–1.40730; late-session bars are fading back toward the lows on thinning volume.
Support: 1.40473, 1.40556
Resistance: 1.4073, 1.4085
What it said to watch
M15 close below 1.40473 confirms a fresh lower low
Reclaim of the 1.40730 range top would neutralise the downside pressure
BoC decision + US PPI on Wed could materially shift this read
Consolidation above session lows, fading back to base.
USDCAD sold off sharply mid-window — the 34-pip drop into 1.4055 tracked soft US CPI and firm crude supporting CAD — then consolidated 1.4055-1.4073 through the NY session. Price is now fading back toward the session low at 1.40514, RSI(14) in the low 40s and price under both EMAs.
Support: 1.40514, 1.40473
Resistance: 1.4073
What it said to watch
M15 close below 1.40514 opens the 1.40473 swing low
Reclaim of 1.40730 swing high would neutralise the fade
BoC decision + MPR Wed 13:45 UTC could materially shift this read
20:46 UTC
Downtrend, base breaking lower · RSI 42 · price 1.40582
Consolidation cracking below range floor.
USDCAD sold off through NY hours after the sharp 12:30 UTC drop to 1.40514, then based in a tight 1.4055-1.4073 band. Late NY is now pressing the floor again at 1.40575, price below both EMAs with RSI(14) around 41.
Support: 1.40514, 1.40473
Resistance: 1.4073
What it said to watch
M15 close below 1.40473 confirms a lower low
Reclaim of 1.40730 range top negates the breakdown read
BoC decision Wed 13:45 UTC + Warsh testimony could reset this range
20:31 UTC
Downtrend, now flat-basing · RSI 43 · price 1.40637
Tight range after sharp sell-off.
USDCAD sold off sharply through NY hours to 1.4047, aided by firmer crude, then based and coiled in a tight 1.4055-1.4073 band into the late session. Price sits mid-range at 1.4064 with RSI(14) near 43 and momentum flat.
Support: 1.4055, 1.4047
Resistance: 1.4073, 1.4113
What it said to watch
Close below 1.4055 opens a retest of the 1.4047 swing low
Close above 1.4073 range top targets 1.4113
BoC rate decision + MPR Wed 13:45 UTC could break this range
20:31 UTC
Downtrend, now flat at lows · RSI 45 · price 1.40637
Consolidation after impulsive sell-off.
USDCAD sold off through the session, capped by a sharp drop into 1.4055 as WTI strength kept CAD firm, then settled into a 1.4055-1.4073 consolidation over the last several hours. Price sits mid-range at 1.4064, below EMA20/50, RSI(14) neutral near 44.
Support: 1.4054, 1.40473
Resistance: 1.4073
What it said to watch
M15 close below 1.40540 exposes the 1.40473 session low
Close above 1.40730 range top breaks the consolidation
BoC decision + MPR Wed 13:45 UTC could materially shift this read
20:17 UTC
Downtrend, consolidating near lows · RSI 44 · price 1.40652
Sharp selloff then sideways range at the base.
USD/CAD broke sharply lower mid-window into 1.40514 as soft US CPI and firm oil pressured the pair, then stalled into a tight 1.4055–1.4073 range through late NY. Price is pinned near 1.4065, holding the range floor with RSI(14) mid-40s and no momentum extreme in play.
Support: 1.4063, 1.40556, 1.40473
Resistance: 1.4073
What it said to watch
M15 close below 1.40473 confirms a lower low and reopens the selloff low
Close above 1.40730 swing high breaks the consolidation ceiling
BoC decision + MPR Wed 13:45 UTC is the next material driver for this read
20:17 UTC
Downtrend, now stalled · RSI 45 · price 1.40652
Tight range after sharp NY drop.
USDCAD sold off through the NY session — a sharp leg from ~1.4115 to 1.4047 as soft US CPI met a firm oil-bid CAD — then based and coiled into a tight 1.4055-1.4074 range for the last several hours. RSI(14) mid-40s, ATR compressed to ~7 pips; no directional impulse in play near the lows.
Support: 1.4055, 1.40473
Resistance: 1.40741, 1.4092
What it said to watch
M15 close below 1.4055 reopens the 1.4047 swing low
M15 close above 1.4074 breaks the range top
BoC decision Wed 13:45 UTC is the dominant catalyst for this pair
20:02 UTC
Downtrend, now basing · RSI 47 · price 1.40677
Consolidation after CPI-driven selloff.
The soft US June CPI print at 12:30 UTC drove USDCAD through the pre-drop shelf at 1.411 to a low of 1.40473. Price recovered into the NY afternoon and has coiled between 1.40556 and the 1.40741 session high; late-session RSI is neutral near 46.
Support: 1.40556, 1.40473
Resistance: 1.40741, 1.4110
What it said to watch
Close above 1.40741 session high reopens 1.411 pre-drop area
Loss of 1.40556 drop low exposes 1.40473 swing low
BoC rate decision Wed 13:45 UTC could materially shift this read
20:02 UTC
Down then flat, momentum stalled · RSI 47 · price 1.40677
Consolidation after CPI-driven drop.
USDCAD sold off from ~1.4115 to 1.4051 on the soft US June CPI print during NY hours, then stalled into a tight range between 1.4056 and 1.4074. Price is coiling near the range top late in the session, RSI(14) neutral around 47 — no directional setup in play.
Support: 1.40556, 1.40514
Resistance: 1.40741, 1.40922
What it said to watch
M15 close above 1.4074 breaks the range top
Failure to hold 1.4056 reopens the session low at 1.4051
BoC decision + MPR Wed 13:45 UTC could materially shift this read
19:47 UTC
Downtrend, now consolidating near lows · RSI 42 · price 1.40633
Post-breakdown range after CPI drop.
Soft US June CPI at 12:30 UTC drove USDCAD through 1.4090 down to the 1.4055 cpi low, with a wick extension to the 1.40514 session low. Price has since consolidated 1.4055–1.4074 and is now drifting back toward the lower edge, RSI(14) mid-range near 42.
Support: 1.4055, 1.40514
Resistance: 1.4074, 1.4088
What it said to watch
Close below 1.4055 cpi low confirms continuation of the downleg toward 1.40514
Reclaim of the 1.4074 range top puts the pre-cpi 1.4088 area back in play
BoC decision (Wed 13:45 UTC) and resumed Warsh testimony could reset this range
19:47 UTC
Downtrend, now consolidating · RSI 46 · price 1.40633
Range after impulsive CPI drop.
USDCAD sold off on the soft US June CPI print, a high-volume candle spiking to the session low 1.40473 before buyers recovered it toward 1.40740. Price has since coiled between 1.40556 and 1.40740, now drifting to 1.40633 in late NY hours with RSI(14) hovering mid-range.
Support: 1.40473, 1.40556
Resistance: 1.4074
What it said to watch
M15 close below 1.40473 confirms a lower low and resumes the downtrend
Close above 1.40740 breaks the post-CPI consolidation top
Warsh testimony resuming and Wed BoC decision could reset this range
USDCAD sold off sharply into 1.40473 after the 12:30 GMT US CPI miss, then based and recovered to consolidate near 1.4067 through the NY afternoon. RSI(14) is back at neutral ~51 and price sits above the recovery trendline, capped so far at the 1.40730 recent high.
Support: 1.40556, 1.40473
Resistance: 1.4073, 1.4097
What it said to watch
M15 close above 1.40730 recent high opens the 1.40970 swing high
Loss of 1.40556 swing low exposes the 1.40473 session low
BoC decision Wed 13:45 UTC could reset this read
19:32 UTC
Down leg after CPI, now consolidating · RSI 48 · price 1.40669
Consolidating above session low.
USDCAD sold off sharply out of the 12:30 GMT US CPI miss, sliding from ~1.4110 to a 1.40473 session low. Since London-NY transition it has consolidated in a 1.4055–1.4074 band, RSI(14) recovered to neutral near 48 and price is pinned around EMA20.
Support: 1.40551, 1.40473
Resistance: 1.40741, 1.4110
What it said to watch
M15 close above 1.40741 opens a retest of the pre-cpi base near 1.4110
Break below 1.40551 reopens the 1.40473 session low
BoC rate decision Wed 13:45 UTC could materially shift this read
19:17 UTC
Downtrend, now consolidating · RSI 49 · price 1.40663
Post-drop range after CPI miss.
USDCAD sold off sharply at the 12:30 GMT US CPI miss, dropping from ~1.4115 to 1.40473 as the soft print hit the dollar. Since then price has flatlined in a tight 1.40475–1.40740 range through the NY afternoon, RSI back near neutral.
Support: 1.40475, 1.40556
Resistance: 1.4074, 1.4090
What it said to watch
M15 close above 1.40740 breaks the post-CPI range top
Failure to hold 1.40475 opens fresh session lows
BoC rate decision Wed 13:45 UTC could materially shift this read
19:17 UTC
Downtrend, basing after CPI drop · RSI 50 · price 1.40663
Consolidating above session low post range break.
The soft US June CPI print (core MoM flat vs +0.2% f/c) drove a sharp M15 leg down through 1.4090 into a 1.4047 low during the NY session. Price has since based twice near 1.4047–1.4051 and is now consolidating in a tight 1.4066–1.4074 band, RSI(14) recovered back to neutral.
Support: 1.40514, 1.40473
Resistance: 1.40741
What it said to watch
Close below 1.40473 confirms a lower low and resumes the downtrend
Close above 1.40741 opens the path back toward 1.4096
BoC rate decision Wed 13:45 UTC could materially shift this read
19:02 UTC
Downtrend, basing after CPI drop · RSI 47 · price 1.40658
Ranging 1.4047-1.4074 post-drop.
USDCAD gapped lower into the 12:30 GMT CPI miss, dropping from ~1.4115 to a session low of 1.40473 as the soft US print undercut the dollar. Price has since based and chopped between 1.4047 and 1.4074, now sitting mid-range at 1.40658 with RSI(14) flat near 47 through the late NY session.
Support: 1.40473, 1.40514
Resistance: 1.40741, 1.4085
What it said to watch
M15 close above 1.40741 extends the recovery toward the 1.4085 pre-drop base
Failure to hold 1.40473 confirms a fresh lower-low
BoC decision + PPI Wed could materially shift this range read
19:02 UTC
Downtrend, now consolidating · RSI 48 · price 1.40658
Post-drop base, ranging 1.4047-1.4074.
USDCAD broke down hard through the NY session after the soft US CPI print, sliding from ~1.4115 to 1.4047 on heavy volume. Since then it has based and is ranging 1.4047-1.4074, with price stalled mid-range near 1.4066 and RSI(14) flat around neutral.
Support: 1.40473, 1.40556
Resistance: 1.40741, 1.4100
What it said to watch
M15 close below 1.40473 extends the lower-low sequence toward the 1.4000 round number
Reclaim of 1.40741 range top would neutralise the intraday downtrend
BoC rate decision + MPR Wed 13:45 UTC could materially shift this read
USDCAD sold off through the NY session on soft US CPI, spiking down to 1.4047, and is now consolidating in a tight 1.4055-1.4073 band. RSI(14) has recovered off oversold to mid-40s as the pair grinds sideways just under session-high resistance.
Support: 1.4055, 1.4047
Resistance: 1.4073, 1.4114, 1.4130
What it said to watch
Close above 1.4073 opens the path back to 1.4114 swing high
Failure to hold 1.4055 exposes the 1.4047 session low
BoC decision Wed 13:45 UTC could materially shift this read
18:46 UTC
Downtrend, now consolidating near lows · RSI 53 · price 1.4071
Range-bound above the post-CPI low.
USDCAD dropped hard through the NY session on the soft US June CPI print, spiking down to a 1.4047 session low before stabilising. Price has since ground back up into a 1.4055–1.4074 consolidation, RSI(14) recovered to mid-range; range top is being tested but not yet broken.
Support: 1.4055, 1.4047
Resistance: 1.4074, 1.4110
What it said to watch
M15 close above 1.4074 opens the path back toward the 1.4110 pre-cpi shelf
Loss of 1.4055 puts the 1.4047 session low back in play
BoC decision Wed 13:45 UTC and US PPI Wed 12:30 UTC could reset this range
18:32 UTC
Downtrend, now basing · RSI 47 · price 1.4069
Consolidation after CPI-driven leg down.
USDCAD sold off through the NY session after the soft US June CPI print, sliding from 1.4115 to a session low at 1.4047 before stabilising. Price now consolidating 1.4055–1.4073 with RSI near neutral; the recent high at 1.4073 is capping the bounce.
Soft US June CPI (headline -0.4% vs -0.1%) dropped USD/CAD sharply through 1.4090 during NY hours to a 1.4047 session low. Price has since gone flat, chopping in a tight 1.4055–1.4073 band into late NY with RSI back near 49.
Support: 1.4047, 1.4055
Resistance: 1.4073, 1.4090
What it said to watch
M15 close below 1.4047 confirms a fresh lower-low and reopens the downside
Reclaim of 1.4073 puts 1.4090 back in play
BoC rate decision Wed 13:45 UTC could materially shift this read
18:16 UTC
Downtrend, consolidating after drop · RSI 47 · price 1.40681
Range-bound post-breakdown near session lows.
USDCAD broke down sharply on the soft US CPI print around 12:30 UTC, dropping from ~1.4115 to 1.4047. Price has since coiled in a tight 1.4047-1.4073 range through the NY afternoon, RSI(14) recovered to mid-40s.
Support: 1.40473, 1.40514
Resistance: 1.40729, 1.40969, 1.4110
What it said to watch
M15 close above 1.40729 opens the path back toward 1.40969
Failure to hold 1.40473 confirms a lower low
BoC decision + US PPI Wed could materially shift this read
18:16 UTC
Downtrend, basing after selloff · RSI 48 · price 1.40681
Consolidation above session low.
USDCAD sold off hard through the NY session after the soft US June CPI print, dropping from 1.411 to a 1.40473 low. Price has since based in a 1.4055-1.4073 range into late NY, RSI(14) recovering off oversold to the mid-40s.
Support: 1.4055, 1.40473
Resistance: 1.40729, 1.4110
What it said to watch
M15 close above 1.40729 opens the path back toward the 1.411 pre-drop area
Failure to hold 1.4055 exposes the 1.40473 session low
BoC rate decision Wed 13:45 UTC is the next major CAD catalyst
18:02 UTC
Downtrend, consolidating at lows · RSI 51 · price 1.40688
Post-drop base above session low.
USDCAD gapped lower off the 12:30 UTC soft US CPI print, sliding from ~1.4115 to a 1.40473 session low. Price has since based between 1.4047 and 1.4073 through the NY afternoon, holding just above EMA20 but capped under EMA50 with RSI back to neutral.
Support: 1.40473, 1.40514
Resistance: 1.40729, 1.40892
What it said to watch
M15 close above 1.40729 reopens the 1.4089 pre-drop zone
Break of 1.40473 confirms a fresh lower-low
BoC decision Jul 15 13:45 UTC could reshape this range
18:02 UTC
Downtrend, now flat post-drop · RSI 49 · price 1.40688
Consolidation after sharp break lower.
Soft US CPI at the 12:30 UTC print slammed USDCAD from ~1.4090 to 1.4056 in two bars, and price has since ground sideways between 1.4047 and 1.4073. RSI(14) has recovered off the oversold spike to mid-range; range top at 1.4073 is capping the bounce.
Support: 1.40473, 1.40541
Resistance: 1.40729, 1.40939
What it said to watch
M15 close above 1.4073 opens a retest toward 1.4094
Break below 1.4047 confirms continuation of the CPI selloff
BoC decision Jul 15 13:45 UTC could materially shift this read
USDCAD sold off hard through the NY session — a soft US CPI print undercut the USD and drove the pair from 1.4115 to a 1.40473 session low. Price has since consolidated in a tight 1.40475–1.40729 band, RSI back to neutral near 52, with rejections capping at the session high.
Support: 1.40473, 1.40538
Resistance: 1.40729, 1.40939
What it said to watch
Loss of 1.40473 session low confirms the downleg resuming
Reclaim of 1.40729 session high opens the 1.40939 swing high
BoC decision Jul 15 13:45 UTC could reset this range
17:46 UTC
Downtrend, now stabilising · RSI 48 · price 1.40686
Post-drop consolidation after CPI leg lower.
USD/CAD gapped lower into the 12:30 UTC US CPI miss, sliding from ~1.4110 to a 1.4047 session low, then built a base and has chopped between 1.4047 and 1.4073 through the NY afternoon. RSI(14) recovered to neutral near 48; no directional setup in play while the intraday range holds.
Support: 1.40473, 1.40514
Resistance: 1.40729, 1.4110
What it said to watch
M15 close above 1.40729 range top reopens the 1.4110 prior swing
Break of 1.40473 session low resumes the CPI-driven leg down
BoC decision Jul 15 13:45 UTC and Warsh testimony 14:00 UTC could reset this range
17:31 UTC
Downtrend, basing after selloff · RSI 52 · price 1.40688
Sharp drop then recovery off session low.
USDCAD dumped ~90 pips off 1.4110 into the 12:30 UTC US CPI miss, bottoming at 1.40473 during the NY session. Price has since based and clawed back toward the 1.40729 session high; RSI(14) recovered to mid-range from oversold and buyers stepped in twice above 1.4054.
Support: 1.40473, 1.4054
Resistance: 1.40729, 1.4100
What it said to watch
Reclaim and close above 1.40729 opens the path to 1.41
Break below 1.40473 confirms a fresh lower low
BoC rate decision Jul 15 13:45 UTC could materially shift this read
17:31 UTC
Downtrend, basing near lows · RSI 51 · price 1.40688
Sold off post-CPI, now consolidating above session low.
USD/CAD dropped from 1.4115 to 1.4047 as the USD sold off on the soft June US CPI print. Price is now consolidating between 1.4047 and 1.4073 through the NY afternoon, holding above the session low with RSI(14) recovering to mid-range.
Support: 1.40473, 1.4054
Resistance: 1.4073, 1.4110
What it said to watch
M15 close below 1.40473 confirms a lower-low and reopens downside
Break above 1.40730 challenges the descending intraday highs
BoC rate decision Jul 15 13:45 UTC could materially shift this read
USD/CAD extended lower through the NY session after soft US CPI knocked the USD, dropping from 1.4150 to a session low at 1.40473. Price now consolidates 1.4047–1.4073 below the swing high, RSI(14) recovering off the lows; the prior high at 1.4110 caps any rebound.
Support: 1.40473, 1.40556
Resistance: 1.40726, 1.4110
What it said to watch
M15 close above 1.4073 swing high breaks the consolidation higher
Failure to hold 1.4047 session low confirms a lower-low
BoC decision Jul 15 13:45 UTC could materially shift this read
USDCAD sold off sharply into the NY session on the soft US CPI print, printing a session low at 1.4047. Price has since chopped between 1.4047 and 1.4076, holding just above EMA20 but capped below the pre-drop shelf near 1.4100.
Support: 1.40473, 1.40514
Resistance: 1.4076, 1.4100
What it said to watch
M15 close below 1.4047 confirms a fresh lower low
Close above 1.4076 breaks the consolidation range
BoC decision (Jul 15 13:45 UTC) is the next major catalyst for this read
USDCAD collapsed at the 12:30 UTC CPI print (soft US core) from ~1.4115 to a 1.4047 session low, extending CAD's oil-driven bid. NY afternoon now consolidating 1.4047–1.4073; RSI(14) recovered off the lows to mid-40s.
Support: 1.40473, 1.40541
Resistance: 1.40726, 1.41154
What it said to watch
M15 close back above 1.4073 challenges the post-CPI range top
Break of 1.4047 confirms continuation of the down-leg
BoC decision + MPR Wed 13:45 UTC and US PPI tomorrow could reset this range
Soft US June CPI at 12:30 UTC knocked USDCAD sharply lower, breaking 1.4090 and printing a session low at 1.4047. Price has since consolidated 1.4047–1.4073 through the NY afternoon; RSI recovered off oversold but sits below 50 with price under both EMAs.
Support: 1.40473
Resistance: 1.40726, 1.40894
What it said to watch
M15 close below 1.4047 confirms a fresh lower low
Reclaim of 1.4073 would put the pre-drop 1.4090 zone back in play
BoC decision + US PPI tomorrow could materially shift this read
USDCAD sold off through the NY session, the soft US CPI print gutting the hawkish dollar trade and dumping price from 1.4115 to a 1.40473 session low. Buyers stepped in twice near 1.4047 and price is now chopping 1.4050–1.4073, capped under the 1.40726 swing high.
Support: 1.40473, 1.40514
Resistance: 1.40726, 1.4099, 1.4110
What it said to watch
Loss of 1.40473 confirms a fresh lower low
M15 close above 1.40726 opens the path back toward 1.40990
BoC rate decision Wed 13:45 UTC could materially shift this read
16:46 UTC
Downtrend, consolidating after leg down · RSI 44 · price 1.40619
Lower highs/lows, now ranging near lows.
USD/CAD sold off hard through the NY session, sliding from ~1.4115 to a 1.40473 low after the soft US CPI print unwound the hawkish dollar trade. Price is now consolidating 1.40473–1.40726 with RSI(14) mid-range; the bounce off the low is fading back toward 1.40619.
Support: 1.40473, 1.4035
Resistance: 1.40726, 1.40969, 1.4110
What it said to watch
Close above 1.40726 would break the consolidation top and challenge 1.40969
Failure to hold 1.40473 confirms a lower-low and opens 1.40350
BoC rate decision + MPR tomorrow 13:45 UTC could materially shift this read
Soft US June CPI at the NY open (12:30 UTC) drove USDCAD off ~1.411 to a session low of 1.40473, cutting through EMA20/50. Price is now consolidating between 1.40550 and the 1.40726 swing high, RSI(14) recovering off the drop and mid-range.
Support: 1.40473, 1.4055
Resistance: 1.40726, 1.4076, 1.4110
What it said to watch
M15 close below 1.40473 confirms a lower low
Reclaim of 1.40726 swing high would ease the downside pressure
BoC decision tomorrow 13:45 UTC could reset this range
16:31 UTC
Downtrend, consolidating near lows · RSI 43 · price 1.40656
Lower highs and lower lows, basing after sharp drop.
NY session drove a sharp USD sell-off on the soft June US CPI print, dumping USDCAD from ~1.4115 to sub-1.4055. Price is now consolidating between 1.4047 and 1.4073 near the lows, RSI(14) mid-40s with no reversal yet.
Support: 1.40473, 1.40514
Resistance: 1.40726, 1.40892, 1.4110
What it said to watch
M15 close below 1.4047 extends the lower-low sequence
Reclaim of 1.4073 recent high would signal basing/recovery
BoC rate decision + MPR Wed 13:45 UTC could materially shift this read
16:17 UTC
Downtrend, bounce off lows · RSI 49 · price 1.40696
Lower lows post-CPI, recovering.
USDCAD sold off sharply at the 12:30 UTC US CPI print, the soft across-the-board miss driving a break down to a session low at 1.40473. NY session has since bounced to 1.40696, RSI(14) recovering back toward neutral but price still capped below the 1.40850 EMA20.
Support: 1.40473
Resistance: 1.4085
What it said to watch
Reclaim of 1.40850 would negate the post-CPI breakdown
Failure to hold 1.40473 confirms continuation lower
BoC rate decision Wed 13:45 UTC could materially shift this read
16:16 UTC
Downtrend, consolidating near lows · RSI 44 · price 1.40696
USD/CAD sold off through the NY session, the sharp 12:30 UTC drop to 1.40556 tied to the soft US June CPI print. Price has since coiled between 1.40473 and 1.40760 with RSI(14) recovering off the lows to the mid-40s; the session low is holding for now.
Support: 1.40473, 1.40556
Resistance: 1.40726, 1.4094
What it said to watch
M15 close below 1.40473 confirms a lower low
Reclaim of 1.40760 opens the path back toward 1.40940
BoC decision Wed 13:45 UTC and US PPI could reset this range
16:02 UTC
Downtrend, stabilising after drop · RSI 44 · price 1.40687
Lower highs, basing above session low.
USD/CAD broke lower at the 12:30 UTC June CPI miss, dropping from ~1.4090 to a 1.40473 session low as the dollar shed its hawkish premium. Price is now consolidating around 1.4065 below EMA20/50; RSI(14) near 44 off oversold.
Support: 1.40473
Resistance: 1.4089
What it said to watch
Reclaim of 1.40890 pre-cpi level would negate the downside break
Loss of 1.40473 session low confirms continuation lower
BoC decision Jul 15 13:45 UTC could materially reset this read
NY session sold USDCAD hard off 1.41150 after the soft US June CPI print, tagging a session low at 1.40473 before stabilising. Price now consolidating 1.40470-1.40700, holding below EMA20 with RSI recovering from the lows around 44.
Support: 1.40473, 1.4054
Resistance: 1.4070, 1.4094, 1.4115
What it said to watch
M15 close above 1.40700 range top would ease the downside pressure toward 1.40940
Failure to hold 1.40473 confirms a lower-low continuation
BoC decision + MPR Wed 13:45 UTC could materially shift this read
USDCAD sold off hard at the NY open, dropping from ~1.4115 to 1.4055 as the soft US June CPI print undercut the dollar. Price has since consolidated in a tight 1.4047-1.4070 band with RSI(14) recovering off its lows near 43; session low at 1.4047 holding so far.
Support: 1.4047
Resistance: 1.4070, 1.4090, 1.4115
What it said to watch
Break below 1.4047 session low extends the down-leg
M15 close back above 1.4070 swing high signals recovery toward the 1.4090 pre-drop low
BoC rate decision + MPR tomorrow 13:45 UTC could reset this range
USDCAD sold off through the NY session after the soft US June CPI print, breaking below 1.4100 and posting a low at 1.4047. Price is now basing around 1.4047-1.4054 with a double-bottom look, RSI(14) recovering from oversold into the mid-40s.
Support: 1.4047, 1.4054
Resistance: 1.4070, 1.4100, 1.4115
What it said to watch
Reclaim above 1.4070 would ease the downside pressure
Break below 1.4047 confirms a fresh lower low
BoC decision Wed 13:45 UTC could materially shift this read
USDCAD dumped through 1.411 on the soft US June CPI print, the impulse bar at the NY open printing a 330-pip range before stabilising. Price is now chopping between 1.40473 and 1.40760, RSI(14) recovering off oversold as the move digests.
Support: 1.40473, 1.40514
Resistance: 1.4070, 1.4076, 1.4110
What it said to watch
M15 close below 1.40473 confirms a fresh lower low
Reclaim of 1.40760 negates the post-drop basing
Fed speakers this afternoon (Barr, Goolsbee) could re-shift USD tone
USDCAD collapsed from ~1.4115 to the 1.4055 area on the 12:30 UTC US CPI miss, which undercut the hawkish-Fed bid. Since then price has chopped in a 1.40473-1.40700 band, RSI(14) recovering off oversold as sellers cap rallies into the breakdown shelf.
Support: 1.40473, 1.40514
Resistance: 1.4070, 1.4090, 1.4110
What it said to watch
Reclaim of 1.40900 breakdown shelf would neutralise the downside break
Loss of 1.40473 session low confirms continuation lower
Fed speakers this afternoon (Barr, Goolsbee, Cook) could reprice USD and shift this read
15:16 UTC
Downtrend, at session lows · RSI 33 · price 1.40492
Lower highs, lower lows post-CPI break.
USDCAD dumped on the 12:30 UTC June CPI miss, a single M15 candle spanning 1.4088 to 1.4056, and NY trade has extended the slide to a fresh session low at 1.40473. RSI(14) near 33 shows momentum stretched but not extreme; bounces have stalled at the 1.40700 swing high.
Support: 1.40473, 1.40514
Resistance: 1.4070
What it said to watch
Reclaim above 1.40700 would ease the breakdown read
Failure to hold 1.40473 confirms continuation lower
Fed speakers this afternoon (Barr, Goolsbee, Cook) could shift USD tone
BoC decision tomorrow 13:45 UTC is the next major CAD driver
15:16 UTC
Downtrend, extended · RSI 37 · price 1.40492
Lower highs, lower lows off CPI break.
USD/CAD sold off through the NY session after the soft June US CPI print triggered a hawkish-bet unwind, breaking down from the 1.411-1.415 range on heavy volume. Price is grinding along the session low at 1.40473 with RSI(14) near 37, no sign of a base yet.
Support: 1.40473, 1.4040, 1.40514
Resistance: 1.4070, 1.40922, 1.41154
What it said to watch
M15 close below 1.40473 opens the path to 1.40400
Reclaim of 1.40700 would neutralise the intraday breakdown
Fed speakers this afternoon (Barr, Goolsbee, Cook) could shift the USD read
Sharp leg lower then consolidation near session low.
USDCAD sold off hard through the NY session on the soft US CPI miss, slicing from ~1.4115 to a 1.4051 session low. Price is now consolidating in a tight 1.4051-1.4070 band, RSI(14) recovering off oversold but still below 40 with price under both EMAs.
Support: 1.40514, 1.40556
Resistance: 1.4070, 1.4090, 1.4110
What it said to watch
Close below 1.4051 confirms continuation lower toward the 1.4075 zone noted in context
Reclaim of 1.4070 would flag stabilisation off the session low
BoC rate decision + MPR tomorrow 13:45 UTC could materially shift this read
15:02 UTC
Downtrend, chopping at lows · RSI 39 · price 1.4057
Post-breakdown consolidation near session low.
USDCAD broke down through the NY session, sliding from 1.4114 to a 1.40514 session low as the soft US June CPI miss undercut the dollar. Price is now chopping in a tight 1.4051–1.4070 band just above the low, RSI(14) recovering off oversold.
Support: 1.40514, 1.4050
Resistance: 1.4070, 1.4090, 1.4114
What it said to watch
M15 close below 1.4051 confirms a fresh lower-low and opens 1.4050 round number
Reclaim of 1.4070 would ease the breakdown and target 1.4090
BoC decision Wed 13:45 UTC could materially shift this read
14:46 UTC
Downtrend after CPI break · RSI 41 · price 1.40559
Sharp break lower, consolidating near session low.
USDCAD sold off sharply from 1.4090 to 1.4051 on the 12:30 UTC US CPI miss, then coiled between 1.4051 and 1.4070 into the NY session. Price is sitting on the session low; bounces have been capped around 1.4070 with no reclaim of the pre-drop 1.4094 shelf.
Support: 1.40514
Resistance: 1.4070, 1.40939
What it said to watch
Close below 1.40514 confirms a fresh lower-low
Reclaim of 1.40700 puts the 1.40939 pre-drop shelf back in play
BoC decision + MPR Wed 13:45 UTC could materially shift this read
USDCAD dropped hard off the 12:30 UTC US CPI miss, slicing from 1.4090 to 1.4055 as the dovish print undercut USD. Price has since chopped in a 1.4051–1.4070 band during NY hours, holding below EMA20/50 with RSI(14) around 40.
Support: 1.40514, 1.4050
Resistance: 1.4070, 1.4089
What it said to watch
M15 close above 1.4070 negates the lower-range read
Break below 1.4051 extends the post-CPI leg toward 1.4030
Fed speakers/Warsh testimony this afternoon could reprice USD and shift this read
Lower highs and lower lows, now consolidating above session low.
USDCAD broke down through 1.4100 into the NY session as USD sold off on the soft June CPI print, flushing to a session low of 1.40514. Price is now consolidating 1.40556–1.40700 with RSI(14) recovering off the lows; the prior 1.4110 range now caps.
Support: 1.40514, 1.40556
Resistance: 1.4070, 1.4110
What it said to watch
Failure to hold 1.40514 confirms continuation of the lower-low sequence
M15 close back above 1.40700 neutralises the intraday breakdown toward 1.41100
Fed speakers this afternoon and Wed BoC decision could materially shift this read
14:31 UTC
Downtrend, stabilising near lows · RSI 41 · price 1.40676
Lower highs and lower lows, base forming above session low.
USDCAD broke down through the NY morning after the soft June US CPI print, sliding from 1.4115 to a 1.4051 session low. Price is now consolidating in a tight 1.4055-1.4076 band, RSI(14) recovering off the lows but still sub-50, with both EMAs capping overhead.
Support: 1.40514, 1.40541
Resistance: 1.4076, 1.40939, 1.41154
What it said to watch
M15 close above 1.4076 negates the lower-high sequence
Failure to hold 1.4051 opens continuation lower
Fed speakers this afternoon and BoC decision Wed could reset this read
Soft US June CPI reversed the USD rally and USDCAD sliced through 1.4094 into a session low of 1.4054 on a heavy NY-hours bar. Price is now chopping 1.4055–1.4070, holding just above the session low with RSI(14) near 38.
Support: 1.40541, 1.4050
Resistance: 1.4070, 1.40939
What it said to watch
M15 close below 1.40541 confirms continuation of the lower-low sequence toward psych 1.40500
Recovery above 1.40700 bounce high eases the downside pressure
BoC decision Wed 13:45 UTC and Warsh testimony could materially shift this read
Soft US June CPI print triggered a sharp USD sell-off, breaking USDCAD out of the 1.4110-1.4115 shelf down to a session low of 1.4054. Price is now consolidating in a tight 1.4055-1.4070 band just above the low, RSI(14) recovering off oversold as the impulse cools.
Support: 1.40541, 1.4050
Resistance: 1.4070, 1.4094, 1.4115
What it said to watch
M15 close below 1.4054 confirms continuation of the lower-low sequence
Reclaim of 1.4094 would unwind the CPI breakout leg
Warsh testimony (14:00 UTC) and BoC decision Wed could reshape this read
14:02 UTC
Downtrend, momentum easing after sharp drop · RSI 40 · price 1.40678
Lower lows, consolidating just above session low.
USDCAD sold off hard from ~1.4110 to a 1.40541 session low as the USD leg unwound on the soft June CPI miss. Price is now consolidating in the 1.4055–1.4075 zone, RSI(14) recovering off oversold after the drop.
Support: 1.40541, 1.40075
Resistance: 1.4076, 1.4110, 1.41154
What it said to watch
Warsh testimony (14:00 UTC) could materially shift the USD read
Loss of 1.40541 confirms continuation of the lower-low sequence
Reclaim of 1.41100 would negate the intraday breakdown
14:02 UTC
Downtrend, stabilising after sharp drop · RSI 39 · price 1.40678
Lower low then double-bottom bounce near session low.
Soft US June CPI at 13:30 UTC slammed USDCAD, breaking below 1.41000 and dumping into 1.40550 on the largest candle of the window. Price is holding a double-bottom near the session low at 1.40540/1.40550, with RSI(14) recovering off oversold to ~39 as the 1.40740 bounce high caps the retrace.
Support: 1.4055, 1.4054
Resistance: 1.4074, 1.4110
What it said to watch
Loss of 1.40540 confirms continuation of the lower-low sequence
M15 close back above 1.40740 opens room toward the 1.41100 pre-drop shelf
Warsh testimony (14:00 UTC) could materially shift this read
13:46 UTC
Downtrend, post-CPI leg down · RSI 35 · price 1.40654
Lower highs and lows, holding above session low.
USDCAD dropped sharply during NY hours after the soft US June CPI print, breaking 1.4090 and spiking to 1.4054. Price is now consolidating just above the session low with RSI(14) near 35 after the leg down.
Support: 1.40541, 1.4050
Resistance: 1.40939
What it said to watch
Sustained M15 close below 1.4054 opens continuation lower
Reclaim of 1.4094 negates the breakdown
Warsh testimony (14:00 UTC, imminent) could materially shift this read
Range break lower, consolidating near session low.
USD/CAD sold off sharply into NY hours, breaking below 1.41000 to a session low of 1.40541 after the soft US CPI print pressured the dollar. Price is now consolidating in a tight 1.40556–1.40760 band with RSI(14) lifting off its lows.
Support: 1.40541, 1.4045
Resistance: 1.4076, 1.4110, 1.41154
What it said to watch
Warsh testimony at 14:00 UTC could sharply shift the USD read
Close back above 1.40760 negates the breakdown consolidation
Loss of 1.40541 opens fresh session lows
13:31 UTC
Downtrend, sharp impulsive leg · RSI 34 · price 1.40564
Range breakdown, fresh session low.
USDCAD dropped sharply through NY hours after the soft US June CPI print undercut the dollar, cracking the 1.4094–1.4115 range and printing a session low at 1.4054. Price is consolidating just off that low with RSI(14) near 34; the 1.4074 bounce high is the immediate cap.
Support: 1.4054, 1.4050, 1.4000
Resistance: 1.4074, 1.4094, 1.4115
What it said to watch
A close below 1.4054 extends the leg toward the 1.4000 round number
Reclaim of 1.4074 would soften the breakdown read
Warsh testimony could reprice the dollar and shift this read
USDCAD sold off sharply in NY hours after the soft US June CPI print, slicing through the 1.40939 support and printing a session low at 1.40541. RSI(14) is oversold near 27 as the drop extends without pause.
Support: 1.40541, 1.4050
Resistance: 1.40939
What it said to watch
Reclaim of 1.40939 broken sup would ease the downside pressure
Warsh testimony at 14:00 GMT could materially shift this read
Failure to hold 1.40541 session low opens 1.40500 psych
USDCAD sold off sharply into the NY session, one 15m bar dropping ~34 pips to a session low at 1.4054, consistent with the soft US CPI miss undercutting the dollar. RSI(14) near 30 as price stalls around 1.4066 after the flush; the prior 1.4110 shelf now caps rebounds.
Support: 1.4054
Resistance: 1.4074, 1.4110
What it said to watch
Warsh testimony 14:00 GMT could reprice USD and shift this read
Close back above 1.4110 invalidates the breakdown
Failure to hold 1.4054 confirms a fresh lower low
BoC rate decision tomorrow is the next major CAD driver
USDCAD sold off hard into the NY session, breaking below the 1.4090 base as the soft US June CPI print undercut the hawkish USD lean, printing a session low at 1.4054. RSI(14) near 33 after the impulsive drop; the small bounce to 1.4066 has yet to reclaim broken support.
Support: 1.4054, 1.4050
Resistance: 1.4094
What it said to watch
Reclaim of 1.4094 would neutralise the downside break
Loss of 1.4054 confirms continuation toward the 1.4050 handle
Warsh testimony (14:00 GMT) could sharply reprice USD and shift this read
13:03 UTC
Downtrend, sharp impulsive leg · RSI 34 · price 1.40683
Range break lower, bounce off session low.
USD/CAD dropped hard through NY hours after the softer US June CPI print, sweeping down to a session low of 1.40541 before a modest bounce to 1.40683. RSI(14) near 33 after the impulsive leg; the 1.40940 breakdown shelf now caps.
Support: 1.40541, 1.4000
Resistance: 1.4094
What it said to watch
Reclaim above 1.40940 would negate the breakdown read
Failure to hold 1.40541 opens the path toward 1.40000
Warsh testimony at 14:00 UTC could extend the CPI-driven move
Range break lower, small recovery off session low.
USDCAD gapped lower into the NY session on the 12:30 UTC US CPI print, slicing through the 1.4100 range to a session low at 1.4054 before a shallow bounce to 1.4068. RSI(14) near 34 after the flush; price sits well below EMA20/50 with the prior 1.4100 range now acting as overhead supply.
Support: 1.40541, 1.4045
Resistance: 1.40899, 1.4110, 1.41154
What it said to watch
Reclaim above 1.4110 would invalidate the downside range break
Failure to hold 1.4054 opens the path toward 1.4045/1.4020
Fed Chair Warsh testimony at 14:00 UTC could extend or reverse the move
12:47 UTC
Downtrend, sharp impulsive leg · RSI 30 · price 1.40567
Lower lows, breakdown below 1.4130.
NY session sold off hard into 1.4056, a soft/in-line US CPI at 12:30 UTC pressuring USD and slicing through the 1.4130 support and 1.4110 breakdown level in one leg. RSI(14) near 30 after the drop; price now sitting on the session low with no bounce yet.
Support: 1.40556, 1.4050
Resistance: 1.4110, 1.4130
What it said to watch
M15 reclaim of 1.4110 invalidates the breakdown read
Warsh testimony at 14:00 UTC could shift the USD read
Hold below 1.4056 confirms continuation of the lower-low sequence
USDCAD collapsed ~55 pips into 1.40556 on the US CPI print at 12:30 UTC, slicing through the prior 1.4083 low that had capped the earlier NY range. RSI(14) near 30 after the impulsive drop, price extended well below EMA20/50 with no bounce yet.
Support: 1.40556, 1.4050
Resistance: 1.4084
What it said to watch
Reclaim of 1.40840 would neutralise the breakdown and put price back in prior range
Failure to hold 1.40556 opens 1.40500 psych level
Fed Warsh testimony 14:00 UTC and BoC decision tomorrow could reshape this read
US June CPI (12:30 UTC) knocked USD/CAD lower into NY hours, breaking below the 1.40835 London low to a fresh session low at 1.40656 before closing 1.40713. A double top near 1.41150 had capped the earlier London-NY bounce; RSI(14) around 36, not yet oversold.
Support: 1.40656, 1.4050
Resistance: 1.40835, 1.4110, 1.41154
What it said to watch
Reclaim of 1.40835 would neutralise the fresh lower low
Failure to hold 1.40656 opens the path toward the 1.40500 round level
Warsh testimony at 14:00 UTC could shift the USD leg
Soft US June CPI at 12:30 UTC knocked USDCAD sharply lower, the last bar spiking to a fresh session low of 1.40656 as USD hike bets unwound and oil-led CAD strength added pressure. Price is well below EMA20/50 with RSI(14) cooling toward oversold.
Support: 1.40656, 1.40835
Resistance: 1.41154, 1.41337
What it said to watch
M15 close below 1.40656 extends the down leg
Reclaim of 1.41154 swing high negates the breakdown
Fed Warsh testimony at 14:00 UTC could shift the USD leg
USDCAD sold off to a session low at 1.40811 as WTI's Hormuz spike lifted CAD, printing a double bottom before recovering to 1.41143. Price now consolidating near 1.4108 with RSI(14) neutral around 53, sitting just under the session high into the US CPI print.
Support: 1.4085, 1.40811
Resistance: 1.41143, 1.4130
What it said to watch
US June CPI at 12:30 UTC could materially shift this read
M15 close above 1.41143 opens the path to the 1.4130 pivot
Failure to hold 1.4085 reopens the 1.40811 low
12:16 UTC
Downtrend, recovering off lows · RSI 50 · price 1.41082
Double bottom at 1.4081, mid-range pullback.
USDCAD sold off through the London morning to a 1.4081 double bottom as firm WTI kept CAD bid, then bounced to a 1.4115 swing high. Price has since eased back to 1.4108, RSI(14) neutral near 50 and sitting just above EMA20 but under EMA50.
Support: 1.40811, 1.4075
Resistance: 1.41154, 1.41337
What it said to watch
US June CPI at 12:30 UTC (~14min) is the primary near-term driver for this read
Close below the 1.4081 double bottom confirms a lower low
Reclaim of the 1.41154 swing high needed to extend the recovery
12:02 UTC
Downtrend reversed by V-recovery · RSI 57 · price 1.41142
Session low set, higher lows building back.
USDCAD sold off through London to a session low of 1.40811 as WTI's Hormuz spike lifted CAD, then recovered almost the entire leg back to 1.41142 into NY hours ahead of US CPI. RSI(14) has climbed back to neutral near 57; the recovery high at 1.41154 caps for now, with the prior range around 1.41337 above.
Support: 1.4099, 1.40811
Resistance: 1.41154, 1.41337
What it said to watch
US CPI at 12:30 UTC could materially shift this read
Close above 1.41154 extends the recovery toward 1.41337
Failure to hold 1.4099 reopens the 1.40811 session low
USDCAD sold off through London on oil-led CAD strength, printing a double bottom at 1.4081 before recovering ~60 pips into the NY session. Price now stalling at the 1.4115 swing high, having retraced ~62% of the drop; RSI(14) back to neutral near 57.
Support: 1.40811, 1.40835
Resistance: 1.41154, 1.4130
What it said to watch
US June CPI at 12:30 UTC could materially shift this read
Close above 1.4130 pivot negates the down structure
Loss of 1.4081 confirms a fresh lower low
11:47 UTC
Recovering after sharp selloff · RSI 59 · price 1.41122
V-recovery off double bottom at session low.
Sharp London selloff drove USDCAD to a session low near 1.4082 as oil-led CAD strength dominated, but a double bottom at 1.4081/1.4083 sparked a clean V-recovery back to 1.4112. Price is now pressing the 1.4130 pivot from below, RSI back near 59 after washing out on the drop.
Support: 1.4100, 1.4082
Resistance: 1.4130, 1.4155
What it said to watch
US June CPI at 12:30 UTC (~45min) could materially shift the USD leg
Close above 1.4130 pivot opens the path back toward 1.4155
Failure to hold 1.4100 reopens the 1.4082 session low
11:46 UTC
Downtrend, recovering off lows · RSI 58 · price 1.41122
Double bottom, retracing NY drop.
USDCAD sold off through the NY session from the 1.41337 shelf to a 1.40811 session low on the oil-led CAD bid, then buyers stepped in twice forming a double bottom. Price has since recovered to 1.41122, holding above EMA20 but still capped by the 1.41337 pre-drop zone.
Support: 1.40811, 1.41014
Resistance: 1.41337
What it said to watch
US June CPI at 12:30 UTC (under 1h) could materially shift this read
Reclaim of 1.41337 pre-drop zone would confirm the recovery
London session drove USD/CAD from 1.4134 down to 1.4081 on oil-led CAD strength, printing a fresh session low. Price has since recovered to 1.4114 into NY morning with RSI(14) climbing back from oversold; the 1.4130 prior shelf now caps as overhead resistance.
Support: 1.4085, 1.4081
Resistance: 1.4130, 1.4136
What it said to watch
US CPI at 12:30 UTC (~1h) could reprice the USD leg
London session drove a sharp selloff from 1.4155 into a 1.4081 base, and NY hours are unwinding it — price has clawed back to 1.4114 on a chain of higher lows, RSI(14) recovering to the low-60s. The 1.4127/1.4130 pivot the pair broke down through now caps overhead.
Support: 1.4100, 1.4081
Resistance: 1.4127, 1.4130, 1.4155
What it said to watch
Reclaim of 1.4127/1.4130 pivot would negate the intraday downtrend read
Failure to hold 1.4100 reopens the 1.4081 session low
BoC decision tomorrow and US Fed speakers this session can shift USDCAD tone
USD/CAD sold off through the NY session to a 1.40835 swing low as oil-led CAD strength pressured the pair, then carved a double bottom near 1.4082 and recovered to 1.41111. Price is back above EMA20 but capped under the 1.41337 prior pivot; recovery is grinding, not impulsive.
Support: 1.40835, 1.4100
Resistance: 1.41125, 1.41337
What it said to watch
US June CPI at 12:30 UTC (~85 min) could materially shift this read
Close above 1.41337 negates the downtrend and extends the bounce
Failure to hold 1.40835 confirms a fresh lower low
11:17 UTC
Downtrend, recovering off lows · RSI 60 · price 1.41111
Sharp drop then higher-low recovery base.
London session sold USDCAD hard from 1.4135 down to 1.40811, then buyers stepped in and price ground back to 1.41111 in a steady higher-low recovery. RSI(14) reset off oversold to ~60 and price reclaimed EMA20; the 1.41125 session high is the immediate cap.
Support: 1.4100, 1.40811
Resistance: 1.41125, 1.4125
What it said to watch
US CPI at 12:30 UTC (~75m) could materially shift this read
Close above 1.41250 breakdown point would negate the downtrend read
Failure to hold 1.41000 reopens the 1.40811 swing low
11:03 UTC
Downtrend, retracing · RSI 48 · price 1.41069
Impulsive selloff, ~50% pullback underway.
London-session selloff dragged USDCAD from 1.4134 to a session low at 1.4081 on the oil-led CAD bid; the last two hours have retraced roughly half that drop to 1.4107. RSI(14) has lifted off oversold toward neutral, with the 1.4127 breakdown zone capping overhead.
Support: 1.40811, 1.40922
Resistance: 1.4127, 1.4137
What it said to watch
Reclaim of 1.4127 breakdown zone would negate the M15 downtrend
Loss of the 1.4081 session low resumes the decline
Sharp London selloff then V-recovery, higher lows building.
London session drove USD/CAD from 1.4135 down to a session low of 1.4083 on oil-led CAD strength, before a steady recovery leg back to 1.4107 retraced roughly half the drop. RSI(14) has lifted back to neutral from oversold as higher lows print; the 1.4130 pivot flagged as prior support is the near overhead cap.
Support: 1.40835, 1.4095
Resistance: 1.4116, 1.4130
What it said to watch
Reclaim of the 1.4130 pivot would confirm the recovery has traction
Failure to hold 1.40835 reopens the session low and the downmove
BoC decision Wed and US CPI reaction could materially shift this read
London open drove a sharp selloff from 1.4134 to a 1.4083 session low, oil-led CAD strength doing the work. Price has since based twice near 1.4083 and is grinding back toward the 1.4100 psych level, RSI recovering off oversold. Sub-1.4131 pivot the recovery remains capped.
Support: 1.4083, 1.4080
Resistance: 1.4100, 1.4131, 1.4134
What it said to watch
reclaim of 1.4131 pivot would invalidate the London breakdown
failure to hold 1.4083 session low opens fresh lows
BoC decision tomorrow and CPI-driven USD leg could shift this read
10:46 UTC
Downtrend, bouncing off lows · RSI 44 · price 1.40997
Lower lows into London, corrective bounce underway.
London session broke the 1.4130 consolidation and drove USDCAD down to 1.4081, an oil-led CAD leg lower. Price is now retracing toward the 1.4100 round number with RSI(14) lifting off oversold; the broken 1.4130 shelf is the first cap above.
Support: 1.40811, 1.4075
Resistance: 1.4100, 1.4116, 1.41337
What it said to watch
Reclaim of 1.4130 would invalidate the lower-low read
Failure to hold 1.40811 opens the next leg lower
US June CPI at 12:30 GMT (~1.75h out) could shift the USD leg materially
Lower highs / lower lows, bouncing off session low.
London session drove USDCAD off the 1.4134 base through a clean range break, printing a session low at 1.40811 as oil-led CAD strength persisted. Price is now bouncing to 1.40966 with RSI(14) recovering off oversold; the broken 1.41062 shelf is the first cap.
Support: 1.40811, 1.4080
Resistance: 1.41062, 1.41337
What it said to watch
Reclaim of 1.41062 would ease the lower-high sequence
Loss of 1.40811 confirms downtrend continuation
BoC decision Wed 13:45 UTC could reset the CAD read
10:31 UTC
Downtrend, bounce off lows · RSI 41 · price 1.40966
London breakdown, lower highs and lower lows.
London session saw a clean breakdown from the 1.4135 consolidation, USD/CAD shedding ~50 pips into 1.4081 as oil-led CAD strength pressed the loonie. Price has since based and clawed back to 1.4097, with RSI(14) recovering off oversold; the 1.4100 round number is the immediate cap.
Support: 1.40811, 1.40835
Resistance: 1.4100, 1.41337
What it said to watch
Reclaim above 1.41337 would invalidate the breakdown read
Failure to hold 1.40811 opens a fresh lower low
US CPI at 12:30 GMT (~2h out) could materially shift this read
10:17 UTC
Downtrend, stretched into lows · RSI 34 · price 1.40915
Lower highs, lower lows; small bounce off session low.
USDCAD sold off through the London session, breaking a shelf near 1.4133 and grinding to a 1.40811 low as oil-led CAD strength pressed the pair. RSI(14) has cooled into the low-30s and price is basing just above the low, but every rally is being capped near 1.41045.
Support: 1.40811
Resistance: 1.41045, 1.41158
What it said to watch
Break of 1.40811 confirms continuation to fresh session lows
Reclaim of 1.41045 needed to ease the immediate downside pressure
US CPI at 12:30 GMT could materially shift this read within the next 2h
10:16 UTC
Downtrend, momentum firm · RSI 34 · price 1.40915
Lower highs, lower lows; minor bounce off session low.
USDCAD broke down through 1.41337 during the London session, shedding ~50 pips as oil-led CAD strength pressed the pair to a 1.40811 session low. Price is grinding just above that low with RSI(14) near 34, not yet oversold; the lower-high chain from 1.41337 remains intact.
Support: 1.40811, 1.4075
Resistance: 1.41016, 1.41337
What it said to watch
M15 close back above 1.41016 breaks the lower-high chain
Failure to hold 1.40811 confirms continuation lower
BoC decision tomorrow could reshape the CAD read
10:02 UTC
Downtrend, fresh leg lower · RSI 28 · price 1.40852
Lower highs and lower lows, breakdown extending.
USDCAD sold off through the NY morning, breaking the 1.4130 pivot and printing lower lows to a session low of 1.40811, CAD leaning on the oil-led bid. RSI(14) near 27 and stretched, but no reclaim of 1.4092 yet.
Support: 1.40811, 1.4075
Resistance: 1.4092, 1.4130
What it said to watch
US CPI at 12:30 GMT (~2.5h out) could shift the USD leg of the pair
Reclaim of 1.4092 would ease the immediate downside pressure
A close back above 1.4130 invalidates the breakdown read
USDCAD broke down through the 1.4130 range during London hours, sliding to a session low of 1.40811 before stabilizing near 1.4085 on oil-led CAD strength. RSI(14) is pressed into oversold as the down leg cools, with price now hugging session lows.
Support: 1.40811, 1.4080
Resistance: 1.41045, 1.4130
What it said to watch
US CPI at 12:30 GMT could materially shift this read
Close back above 1.41045 would ease the breakdown
Break below 1.40811 extends the down leg toward 1.4080
USDCAD broke down through the 1.4130 range during London hours, oil-led CAD strength driving a clean five-bar slide to a session low at 1.40835, RSI(14) pressed into oversold near 27. Sellers still in control; last bar stalled at the lows without a bounce.
Support: 1.40835, 1.4075
Resistance: 1.4092, 1.4106, 1.4131
What it said to watch
US CPI at 12:30 GMT (~3h) could sharply extend or unwind this move via the USD leg
Reclaim of 1.41060 would neutralise the breakdown read
Failure to hold 1.40835 confirms continuation toward 1.4075
USD/CAD sold off hard through the London session, a clean leg from 1.4134 down to the 1.40832 session low on oil-led CAD strength, breaking beneath the prior 1.41062 shelf. RSI(14) is oversold near 25 and price sits well below EMA20/50; last two bars are stalling into 1.40865 without a bounce yet.
Support: 1.40832, 1.4080
Resistance: 1.4092, 1.41062, 1.4134
What it said to watch
A reclaim of 1.40920 swing high would ease the downside pressure
Loss of 1.40832 session low confirms continuation lower
US CPI at 12:30 GMT (~3h) via the USD leg can materially shift this read
USDCAD broke down through the 1.4130 range floor during London hours and sold off five straight bars to a session low at 1.40835, oil-led CAD strength weighing. RSI(14) is oversold near 24 with no reversal signal yet; price is pinned to the lows.
Support: 1.40835, 1.4075
Resistance: 1.40922, 1.4100, 1.4130
What it said to watch
Reclaim of 1.41000 would ease the downside pressure and question the breakdown
Loss of 1.40835 session low extends the lower-low sequence toward the 1.4075 psych level
US CPI at 12:30 GMT (~3h) could materially shift this read via the USD leg
09:31 UTC
Downtrend, accelerating · RSI 22 · price 1.40854
Range breakdown, chain of lower lows.
USDCAD broke down through the 1.4130 range floor into the London-NY window and sold off to a session low at 1.40835, RSI(14) pinned in oversold near 22 as the oil-led CAD bid pressed. The move is one-directional with no bounce yet; prior range support at 1.41337 now caps as resistance.
Support: 1.40835, 1.4075
Resistance: 1.4108, 1.41337
What it said to watch
US CPI at 12:30 GMT (~3h) could materially shift this read
Reclaim of 1.41080 would ease the breakdown momentum
Failure to hold 1.40835 confirms continuation to the 1.4075 psych level
USDCAD sold off sharply through London hours, slicing the 1.4130 pivot and extending a fifth-session decline to 1.4084 as CAD stays firm on the oil bid. RSI(14) near 23 flags short-term oversold but momentum is one-directional; price is riding just above the 1.40835 session low.
Support: 1.40835, 1.4080
Resistance: 1.40945, 1.4106, 1.4130
What it said to watch
US CPI at 12:30 GMT (~3h) could materially shift this read via the USD leg
A reclaim of 1.4130 would negate the breakdown
Failure to hold 1.40835 confirms continuation lower
09:16 UTC
Downtrend, accelerating · RSI 27 · price 1.40852
Range break lower, fresh session low.
USDCAD broke out of the 1.4130-1.4160 range and sold off hard through the London session, CAD firm on the oil spike, printing a fresh low at 1.40835 with RSI(14) around 26. Move is stretched but momentum still one-directional into the low.
Support: 1.40835, 1.4075
Resistance: 1.4106, 1.4130
What it said to watch
Reclaim of the 1.41060 shelf would ease the breakout read
Loss of 1.40835 session low extends the leg toward 1.40750 pivot
US CPI at 12:30 GMT (~3h) could materially shift this read
USDCAD sold off sharply through London hours, breaking the 1.4130 base and printing a fresh session low at 1.40887 as CAD firmed on the WTI surge. RSI(14) is deep in oversold near 21, and price is trading well below both EMAs after the range break.
Support: 1.40887, 1.4075
Resistance: 1.41062, 1.41337
What it said to watch
Reclaim of 1.41062 would ease the downside pressure
BoC decision tomorrow 13:45 UTC could reshape this read
09:03 UTC
Downtrend, accelerating · RSI 25 · price 1.40888
Breakdown from intraday range, lower lows.
USDCAD sold off through the London session, breaking the 1.4130 shelf and printing fresh session lows at 1.40887 as WTI's Hormuz-driven surge kept CAD bid. RSI(14) is deep oversold near 24 after a run of expanding bars; 1.4075 is the next reference below.
Support: 1.4075, 1.40887
Resistance: 1.4100, 1.4130
What it said to watch
US June CPI at 12:30 UTC (~3.5h out) could materially shift this read
A reclaim of 1.41300 would neutralise the breakdown
USDCAD broke down out of a tight 1.4130-1.4160 range through the London session, dropping ~45 pips into 1.40913 as WTI's Hormuz-driven surge kept CAD firm. Selling is steep and RSI(14) is deep near 22, short-term stretched but not yet showing divergence.
Support: 1.40912, 1.4090, 1.4075
Resistance: 1.41062, 1.4127, 1.41337
What it said to watch
Reclaim of 1.41062 would neutralise the range break lower
Failure to hold 1.4090 opens the path toward 1.4075
BoC decision tomorrow 13:45 UTC is the next scheduled risk for this pair
08:46 UTC
Downtrend, impulsive · RSI 22 · price 1.40913
Range break lower, fresh session low.
USDCAD broke down out of the 1.4130-1.4150 range into the London session, dropping ~45 pips to a fresh session low at 1.40912 on the back of the WTI surge supporting CAD. RSI(14) is deep oversold near 22, momentum still one-directional with no rejection wick yet at the lows.
London session broke the 1.4130–1.4160 range decisively, dropping to 1.40978 as CAD firmed on the WTI/Hormuz surge. RSI(14) sits near 29, short-term stretched but confirming the downside momentum; sellers have capped every bounce below 1.4116.
Support: 1.40978, 1.4075
Resistance: 1.41162, 1.4135
What it said to watch
Reclaim of 1.41162 would neutralise the breakdown read
Failure to hold 1.40978 opens 1.4075
BoC decision Wed 13:45 UTC is the next binary for this pair
London session snapped the 1.4130–1.4160 range floor, dumping ~60 pips to a 1.40978 low with RSI(14) around 27, oversold. CAD firmness on the WTI surge is driving the leg; price sits pinned at the lows after a small bounce into 1.41036.
Support: 1.40978, 1.4075
Resistance: 1.4127
What it said to watch
Reclaim of 1.41270 negates the breakdown read
Failure to hold 1.40978 opens 1.4075
BoC rate decision tomorrow 13:45 UTC could reset this read
USDCAD sold off sharply through the London session, breaking 1.41300 and printing a fresh low at 1.40978 with RSI(14) oversold near 24, as CAD stays firm on the oil bid. Price now hugs the 1.41000 round number after a run of lower highs and lower lows.
Support: 1.40978, 1.4100
Resistance: 1.41337
What it said to watch
Reclaim above 1.41337 would invalidate the breakdown read
US CPI at 12:30 UTC could materially shift this read
Failure to hold 1.41000 confirms continuation lower
London session broke down through the 1.4130 range floor that held all Asia, printing five straight red M15 bars into 1.4098 as WTI-driven CAD strength took over. RSI(14) sub-25, so the move is stretched short-term, but no basing yet.
Support: 1.40978, 1.4075
Resistance: 1.4130
What it said to watch
Reclaim of 1.4130 would negate the breakdown and restore the range read
US June CPI at 12:30 UTC could materially shift this read
USDCAD sold off hard through the London session, slicing the 1.4130 shelf and printing lower lows into 1.41014, with RSI(14) near 24 flagging a short-term stretch. The leg fits CAD firmness on the WTI surge; price is now sitting on the 1.4100 psych area after a ~55-pip impulse down.
Support: 1.41014, 1.4100, 1.4075
Resistance: 1.41337
What it said to watch
Reclaim above 1.41337 would neutralise the breakdown read
Loss of 1.41000 opens the 1.4075 prior support
US June CPI at 12:30 UTC could materially shift this read
USDCAD chopped 1.4130–1.4160 through Asia before breaking hard lower into the London session, dropping ~29 pips over the last four bars to a session low at 1.41014. RSI(14) near 25 flags short-term oversold as the 1.4130 support flipped to resistance; CAD firm on the oil surge.
Support: 1.41014, 1.4075
Resistance: 1.4130, 1.4160
What it said to watch
Reclaim above 1.4130 negates the range break
Sustained trade below 1.41014 opens 1.4075
US June CPI at 12:30 UTC could materially shift this read
Early London broke USD/CAD below the 1.4130 pivot, extending a sharp leg down to 1.41077 on the oil-driven CAD bid; RSI(14) near 27, approaching oversold. Price now hovers over the 1.4100 psych level with the 1.4075 target the next area below.
Support: 1.4100, 1.4075
Resistance: 1.4130
What it said to watch
M15 close back above 1.4130 invalidates the range break
1.4075 target — area to watch for reaction or acceleration
US June CPI at 12:30 UTC could materially shift this read
07:46 UTC
Downtrend, accelerating · RSI 25 · price 1.41077
Range break lower, fresh session low.
USDCAD sliced through the 1.4130 pivot in the last hour, printing a fresh session low at 1.41075 as the oil bid keeps CAD firm. RSI(14) pressed to ~25, momentum stretched but not yet at an extreme; 1.4100 round number is the immediate area to watch below.
Support: 1.4100, 1.4075
Resistance: 1.4130
What it said to watch
Reclaim of 1.4130 pivot would neutralise the breakdown
US June CPI at 12:30 UTC could materially shift this read
USD/CAD broke below the 1.4130 pivot into London hours, printing a session low at 1.41158 as WTI's Hormuz-driven bid pressured the pair. RSI(14) near 28 on the sharpest leg down in the window; the prior 1.4130 range now caps overhead.
Support: 1.41158, 1.41075
Resistance: 1.4130
What it said to watch
Reclaim of 1.4130 pivot would negate the downside range break
Failure to hold 1.41158 opens the 1.4075 next support
US CPI at 12:30 UTC could materially shift this read
USDCAD sold off sharply in the last three bars, snapping the 1.4130 pivot and printing a fresh session low at 1.41158 as the Hormuz oil bid kept CAD firm. RSI(14) at ~32 is soft but not yet oversold, with price now trading below both EMAs.
Support: 1.41158, 1.4100
Resistance: 1.4130
What it said to watch
Reclaim of 1.41300 would negate the downside break
US June CPI at 12:30 UTC could drive USDCAD independent of the current structure
Hold below 1.41158 confirms continuation toward 1.4100
07:17 UTC
Drifting lower, momentum building down · RSI 39 · price 1.41259
Downside break of the 1.4130 pivot.
London session opened with a clean break below the 1.4130 pivot into 1.4125, USD firm and CAD supported by the oil bid ahead of US CPI. RSI(14) near 39, no bounce yet off the session low.
Support: 1.4125, 1.4075
Resistance: 1.4130
What it said to watch
M15 close back above 1.4130 pivot negates the downside break
US CPI at 12:30 UTC could materially shift this read
Failure to hold 1.4125 opens the path toward 1.4075
USDCAD ground lower through the London session, slipping under the 1.4130 pivot to retest the session low at 1.41247 as CAD stayed firm on the oil bid. RSI(14) near 35, price pinned below EMA20/50 with a chain of lower highs intact.
Support: 1.41247, 1.4130
Resistance: 1.41346, 1.41485
What it said to watch
M15 close back above 1.41346 stalls the lower-high sequence
Break of 1.41247 opens continuation toward 1.4130 floor
US June CPI at 12:30 UTC could materially shift this read
USDCAD drifted sideways in the low 1.413s through the Asia session after sliding from the 1.4160 London high, extending a multi-day slide on the oil bid. RSI(14) sits mid-range with no momentum extreme; price is pinned just above a flat 1.4128 base.
Support: 1.41282, 1.4126
Resistance: 1.4150, 1.41598
What it said to watch
M15 close below 1.4128 confirms a lower-low and opens 1.4075
Reclaim of 1.4150 negates the lower-high sequence
US June CPI 12:30 UTC is a binary USD catalyst that could reset this range
Consolidating near session lows after slide from 1.4158.
USDCAD ground down from the 1.4158 session high through Asia and is now chopping between 1.4128 and the 1.4140 intraday cap, a small recovery to 1.41342 with RSI(14) back to neutral. Oil-led CAD strength keeps the pair sub-1.4150 for a fifth day; no clean setup, just range-bound drift into the London morning.
Support: 1.41282, 1.4126
Resistance: 1.41405
What it said to watch
M15 close below 1.4128 session low opens 1.4075
Reclaim of 1.4158 session high needed to break the down structure
US June CPI 12:30 UTC (~5.5h) is the binary catalyst for this read
06:46 UTC
Downtrend flattening into range · RSI 47 · price 1.41336
Tight consolidation in low 1.413s.
USDCAD ground lower through yesterday's NY session then flatlined into the Asian range, coiling 1.4128–1.4137 as oil-led CAD strength kept the pair pinned on its fifth down day. RSI neutral near 46, no intraday setup in play as early London opens.
Support: 1.41282, 1.41247
Resistance: 1.4139, 1.41586
What it said to watch
M15 close below 1.41282 confirms continuation lower toward 1.41247
Reclaim of 1.41390 range top would open 1.41586
BoC statement Wed 13:45 UTC is the CAD catalyst that reshapes this read
06:46 UTC
Downtrend fading into consolidation · RSI 47 · price 1.41336
Consolidating near session lows after slide from 1.4158.
USDCAD slid from the 1.4158 session high through Asian hours and is now coiling tight between 1.4128 and 1.4134 near its lows, RSI(14) flat around 46. No setup in play — price is drifting on the oil-led CAD bid with the day's real catalyst still ahead.
Support: 1.41282, 1.41247
Resistance: 1.41449, 1.4158
What it said to watch
Close below 1.4128 confirms a lower low and opens the 1.4108 area
Reclaim of 1.4145 pivot needed to challenge 1.4158 session high
US June CPI at 12:30 UTC is a binary catalyst that could break this range
USDCAD ground lower through the Asia-into-London window, oil-led CAD strength pressing price from 1.4160 down to a 1.41283 session low. Last ~10 bars have flattened into a tight 1.4128–1.4133 consolidation just above the low, RSI(14) mid-40s with no rebound yet.
Support: 1.41283, 1.41247
Resistance: 1.41461, 1.41598
What it said to watch
M15 close below 1.41283 confirms a fresh lower low, opening 1.4125
Reclaim of 1.41461 breaks the run of lower highs
US CPI at 12:30 GMT could materially shift this read via USD flow
Basing after intraday slide, tight consolidation at lows.
USDCAD extended its slide to a fifth day, oil-led CAD strength pressing price down before it based at 1.4128 in the Asian session; early London is now consolidating near 1.4131. RSI(14) mid-range and price capped below the 1.4135 EMA20, with the 1.4158 session high the last swing top.
Support: 1.4128, 1.4110
Resistance: 1.4135, 1.4158
What it said to watch
Break below 1.4128 session low opens 1.4110
Reclaim of 1.4158 session high negates the down leg
US CPI at 12:30 GMT could materially shift this read
06:16 UTC
Downtrend stalling into consolidation · RSI 44 · price 1.41312
Tight range near session lows.
USDCAD is coiling in a 1.4128–1.4134 band through Asian hours after a fifth straight down-leg, with oil-led CAD strength keeping a lid on the pair. ATR has compressed to ~6 pips and RSI(14) sits mid-range near 44 — no momentum in play, price hugging the session low.
Support: 1.4128
Resistance: 1.4134
What it said to watch
M15 close below 1.41280 extends the down-leg
Reclaim of 1.41340 range top needed to relieve downside pressure
US CPI at 12:30 GMT could break this tight range
06:16 UTC
Downtrend, momentum flat · RSI 44 · price 1.41312
Lower highs, coiling near session low.
USDCAD extended its oil-led slide, pressing to 1.41282 before coiling tight around 1.4131 in the last few hours, price below EMA20/50. Move has stalled into US CPI at 12:30 GMT with RSI mid-40s and ATR compressed near 13 pips.
Support: 1.41282, 1.41247
Resistance: 1.4134
What it said to watch
US CPI at 12:30 GMT is the primary catalyst and can break this coil either way
Close below 1.41282 confirms continuation of the lower-low sequence
Reclaim of 1.41340 would neutralise the near-term downside pressure
Consolidation above session low after a steady slide.
USDCAD drifted lower through the Asian session on oil-led CAD firmness, and is now flatlining around 1.4130 just above the 1.41282 session low. Lower highs into 1.41337 keep the intraday bias heavy, with RSI(14) mid-40s and ATR compressed near 3 pips.
Support: 1.41282
Resistance: 1.41337
What it said to watch
US June CPI at 12:30 GMT is the primary catalyst and could break this consolidation either way
A close above 1.41337 breaks the descending swing-high sequence
Failure to hold 1.41282 confirms continuation of the intraday downtrend
06:02 UTC
Downtrend, momentum flat · RSI 44 · price 1.41303
Grinding lower, now consolidating at session lows.
USDCAD drifted through a fifth down-leg during the Asia session and is now pinned near 1.4130, coiling in a tight 1.41282–1.41340 range as oil-led CAD strength persists. RSI(14) mid-40s, no momentum extreme; sellers capped the last two bounces below 1.41340.
Support: 1.41282, 1.41247
Resistance: 1.4134, 1.41461
What it said to watch
M15 close below 1.41282 opens the path to 1.41247
Recovery above 1.41340 breaks the intraday consolidation
US June CPI at 12:30 GMT could materially shift this read
USDCAD ground lower through the window from 1.4162 to base around the 1.4130 pivot, CAD supported by the Hormuz oil bid, and has since flattened into a tight Asian-session coil above 1.4128. RSI mid-40s and ATR compressed to ~3 pips — no momentum, price parked at the SocGen support line.
Support: 1.4128, 1.4130, 1.4075
Resistance: 1.4153, 1.4162
What it said to watch
M15 close below 1.4128 confirms a lower-low toward 1.4075
Reclaim of 1.4153 range high needed to break the lower-high sequence
US June CPI at 12:30 UTC (~7h) could shift this read sharply
USDCAD faded through the Asia session to a fifth straight down leg and is now boxed in a tight 1.4128-1.4134 range into early London, holding just above the widely-cited 1.4130 support with CAD firm on the oil bid. RSI(14) near 43 reflects stalled downside momentum rather than a turn.
Support: 1.41282, 1.41247
Resistance: 1.41337, 1.41461
What it said to watch
M15 close below 1.4128 confirms a lower-low, opening 1.4108
Reclaim of 1.4146 negates the consolidation-at-lows read
US June CPI at 12:30 UTC (~7h) could break the range in either direction
05:31 UTC
Downtrend, momentum flat · RSI 43 · price 1.41309
Lower highs into 1.4130 support.
USDCAD grinding lower through the Asia session, pressing the 1.4130 support flagged as the pivot, with oil-driven CAD strength keeping the pair heavy. Volatility has collapsed (ATR ~4 pips) as price coils just above the session low; RSI(14) mid-40s, no divergence.
USDCAD ground lower through the Asian session to a fifth day of CAD strength, oil holding its Hormuz premium, and is now consolidating tightly on the 1.4130 support flagged by the digest. RSI(14) around 42, price below EMA20 and EMA50; the last few bars are near-flat on thin overnight volume.
Support: 1.4128, 1.4075
Resistance: 1.4155
What it said to watch
M15 close below 1.4128 opens the path toward 1.4075
Reclaim of 1.4155 negates the lower-high sequence
US CPI at 12:30 UTC (~7h) could break this consolidation
USDCAD ground lower through NY into Asia, printing a chain of lower highs and now coiling in a tight 1.4128–1.4133 band on the 1.4130 pivot. CAD strength off the Hormuz oil surge keeps the pair heavy; RSI(14) sits in the low 40s with no divergence, and volume has thinned in the Asian session.
Support: 1.41282, 1.4130, 1.4075
Resistance: 1.41461
What it said to watch
Sustained break below 1.41282 opens the path to 1.4075
Recovery above 1.41461 negates the lower-high sequence
US June CPI at 12:30 UTC (~7h) could materially shift this read
05:16 UTC
Downtrend, drifting into support · RSI 42 · price 1.41301
Lower highs, testing session low.
USDCAD ground lower through the Asian session, pressing the 1.4128 session low after rejection at 1.4144. RSI(14) mid-40s with no divergence; descending structure holding, oil-driven CAD strength keeping a lid on bounces.
Support: 1.4128, 1.4130
Resistance: 1.4144
What it said to watch
Sustained break below 1.4128 opens the path toward 1.4075
M15 close above 1.4144 would break the descending-highs read
US CPI at 12:30 UTC (~7h) could materially shift this read
05:03 UTC
Downtrend, grinding into support · RSI 40 · price 1.41315
Lower highs, lower lows; flattening at 1.4130.
USDCAD drifted lower through Asia into early London, pressing the 1.4130 BoC pivot as CAD stays firm on the Hormuz-driven oil bid. Price has flattened just above the 1.41282 swing low on thin volume; RSI(14) mid-40s, no reversal signal yet.
Support: 1.4130, 1.41282, 1.4075
Resistance: 1.4155
What it said to watch
Sustained M15 close below 1.4130 opens the path to 1.4075
Reclaim of 1.4155 session pivot would neutralise the lower-high sequence
US CPI at 12:30 UTC (~7h out) could materially shift this read
USDCAD ground lower through the Asia session, printing lower highs into the 1.4130 support flagged by SocGen after WTI's Hormuz-driven surge kept CAD firm. Price is now coiling in a tight 1.4128–1.4133 band with RSI(14) near 40 and no bounce established.
Support: 1.4130, 1.41282
Resistance: 1.41485
What it said to watch
Sustained M15 close below 1.4130 opens the path toward 1.4075
Reclaim of 1.41485 would break the lower-high sequence
US June CPI at 12:30 UTC and BoC decision Wed are cross-drivers that could shift this read
USDCAD ground lower through NY into thin Asia hours, pinned at the 1.4130 pivot (SocGen) after a fifth down leg driven by firmer WTI. Sequence of lower highs off 1.4158 intact; price is coiling just above the 1.41282 session low with ATR compressed to ~4 pips.
USDCAD ground lower through the Asian session, pressing the 1.4130 pivot after a fifth day of CAD strength on the oil bid. Momentum is thinning — bars have shrunk to a handful of pips and RSI sits mid-range, but no bounce off support yet.
Support: 1.4130, 1.41282, 1.4126
Resistance: 1.41475
What it said to watch
M15 close below 1.41282 confirms a lower low and opens 1.4075
Reclaim of 1.41475 unwinds the intraday downtrend read
BoC decision tomorrow 13:45 UTC could reset this pair
Asian session extending the intraday downtrend, USDCAD pressing the 1.4130 pivot with a fresh swing low at 1.41282 as WTI's Hormuz premium keeps CAD firm. RSI(14) near 33 but not yet oversold; each bounce toward 1.41475 has been sold.
Support: 1.41282, 1.4130, 1.41075
Resistance: 1.41475
What it said to watch
Sustained break below 1.41300 opens the path to 1.41075
M15 close back above 1.41475 breaks the lower-high sequence
BoC decision Wed 13:45 UTC could reshape this read
04:31 UTC
Downtrend, testing support · RSI 34 · price 1.41293
Lower highs into 1.4130 pivot.
USDCAD ground lower through the Asia session on the Hormuz-driven oil bid, printing steady lower highs and now pressing the 1.4130 pivot. Momentum is soft with RSI(14) near 34 but not yet extreme; the pair sits below both EMA20 and EMA50 into the London open.
Support: 1.4130, 1.41247
Resistance: 1.41531
What it said to watch
Sustained M15 close below 1.4130 pivot exposes the 1.41247 session low
Reclaim of 1.41531 swing high would break the lower-high chain
BoC decision Wed 13:45 UTC and US CPI are the cross-drivers that could shift this read
USDCAD ground lower through the Asian session, pressing the 1.4130 support pivot with RSI(14) near 37; CAD stayed firm on the Hormuz-driven oil bid. Sequence of lower highs from 1.41598 holds intact, price sitting below EMA20 and EMA50.
Support: 1.4130, 1.41247, 1.4075
Resistance: 1.4145, 1.41565, 1.41598
What it said to watch
Sustained break below 1.4130 support opens 1.4075 then the swing low at 1.41247
M15 close back above 1.41565 swing high invalidates the lower-high sequence
BoC rate decision Wed 13:45 UTC could materially shift this read
04:16 UTC
Downtrend, grinding into support · RSI 38 · price 1.41306
Lower highs, lower lows toward 1.4130.
USDCAD drifting lower through the Asia session, pressing the 1.4130 pivot after a fifth straight down leg driven by firm oil and Friday's hot Canadian jobs print. Price sits below EMA20/50 with RSI near 37 — not yet oversold — and the session low at 1.41282 is the immediate floor.
Support: 1.41282, 1.4130, 1.4075
Resistance: 1.41515
What it said to watch
Sustained M15 close below 1.4130 pivot opens 1.4075
Reclaim of 1.41515 minor high would stall the lower-low sequence
US June CPI 12:30 UTC and BoC Wed are cross-drivers that could reshape this read
USDCAD sliding to a fresh session low at 1.41282, price below EMA20/50 with RSI(14) subdued near 34 but not yet oversold. CAD stays firm on the Hormuz oil bid; sellers keep pressing lower highs off the 1.41598 range top.
Support: 1.41282, 1.41247
Resistance: 1.41461, 1.41529, 1.41598
What it said to watch
Break below 1.41247 confirms continuation of the lower-low sequence
Reclaim of 1.41461 would neutralise the downtrend read
US June CPI 12:30 UTC could materially shift this read
04:02 UTC
Downtrend, pressing support · RSI 38 · price 1.41319
Lower highs, lower lows into 1.4130.
USD/CAD ground lower through the NY-Asia transition, extending a fifth down-day theme as WTI's Hormuz premium kept CAD firm. Price is pressing the 1.4130 psych pivot with RSI(14) near 38; the last leg from 1.41598 has printed clean lower lows into the session close.
Support: 1.4130, 1.41247
Resistance: 1.41529, 1.41598
What it said to watch
Sustained M15 close below 1.4130 confirms the lower-low and opens 1.41247
Reclaim of 1.41529 would break the sequence of lower highs
BoC decision 13:45 UTC could materially shift this read
Asian session drifting lower on thin volume, pressing the 1.4130 pivot after breaking below the 1.4150 consolidation; CAD stays firm on the Hormuz-driven oil bid. RSI(14) near 38, no oversold extreme, sequence of lower highs intact.
Support: 1.4130, 1.41247, 1.4075
Resistance: 1.41533
What it said to watch
Sustained break below 1.41247 opens the path toward 1.4075
M15 close back above 1.41533 negates the lower-high sequence
BoC rate decision Wed 13:45 UTC could reset this read
USDCAD drifted lower through the Asia session, printing a fresh session low at 1.41282 as WTI held its Hormuz premium keeping CAD firm. Price now sits on the 1.4130 pivot with RSI(14) sub-35 but not yet oversold; lower highs off 1.41580 remain intact.
Support: 1.4126, 1.41075
Resistance: 1.4153, 1.4158
What it said to watch
Sustained break below 1.41260 opens the 1.41075 area
M15 close back above 1.41530 breaks the lower-high chain
BoC decision (13:45 UTC Wed) is the key upcoming risk for this pair
USDCAD ground lower through the Asia session, sitting on the 1.4130 support flagged by desks after CAD firmed on the oil surge and hot jobs print. Chain of lower highs from 1.4160 intact, RSI(14) mid-30s but not yet oversold; price below EMA20 and EMA50.
Support: 1.4130, 1.4125
Resistance: 1.4155
What it said to watch
M15 close below 1.4125 confirms a lower low and opens 1.4075
Reclaim above 1.4155 breaks the lower-high sequence
USDCAD ground lower through a thin Asian session, pressing the 1.4130 support flagged in the market read after a rally to 1.4158 faded into lower highs. RSI(14) is soft near 35 but not yet oversold; the CAD-biased tone from the Hormuz oil premium is holding the pair heavy.
Support: 1.4130, 1.41247, 1.4075
Resistance: 1.4148
What it said to watch
M15 close below 1.4126 confirms a lower-low and opens 1.4075
Reclaim of 1.4158 negates the lower-high sequence
US CPI at 12:30 UTC is the next cross-driver that could shift this read
03:16 UTC
Downtrend, testing support · RSI 36 · price 1.41339
Lower highs, sliding into 1.4130.
Price is sliding through the Asian session toward the 1.4130 support flagged in context, RSI(14) near 36 but not yet stretched. The push to 1.4160 faded and a chain of lower highs has developed, with sellers now pressing the pivot.
Support: 1.4130, 1.41247, 1.4075
Resistance: 1.41548, 1.41598
What it said to watch
M15 close below 1.4130 opens 1.41247 session low then 1.4075
Reclaim of 1.41548 needed to break the lower-high chain
BoC decision and US CPI ahead could reset this intraday read
Asian-session USDCAD is grinding lower, printing successive lower highs and pressing the 1.4130 pivot flagged by SocGen after CAD's oil-driven, five-day run. RSI(14) mid-30s and price below EMA20/50 — no bounce structure yet, sub-5-pip ATR keeps ranges tight into the BoC hold day.
Support: 1.4130, 1.41247
Resistance: 1.41531
What it said to watch
Sustained break of 1.4130 pivot opens 1.41247 swing low
M15 close back above 1.41531 session high negates the lower-high chain
BoC decision (13:45 UTC) and US CPI reaction can override this intraday read
03:02 UTC
Downtrend, grinding lower · RSI 34 · price 1.4132
Lower highs, pressing session support.
USDCAD ground lower through Asian hours toward the 1.4130 pivot, RSI(14) soft near 34 with lower highs stacked since the 1.4160 swing. Price sits just above the 1.4126 session low; ATR is thin at ~4 pips in quiet overnight trade.
Support: 1.4130, 1.4126, 1.4075
Resistance: 1.4160
What it said to watch
M15 close below 1.4126 opens the path toward 1.4075
Reclaim of 1.4160 negates the current down leg
US June CPI later today (12:30 UTC) could reset this read
03:02 UTC
Downtrend, pressing lows · RSI 36 · price 1.4132
Lower highs, testing session low.
USDCAD grinding lower through the Asia session, pressing the 1.4130 support pivot after a run of lower highs off 1.4160. RSI(14) near 36, not yet stretched; CAD stays firm on the Hormuz oil premium while USD fades intraday.
Support: 1.4131, 1.4125
Resistance: 1.4154, 1.4160
What it said to watch
M15 close below 1.4131 confirms a lower-low and opens 1.4125
Reclaim of 1.4154 negates the lower-high sequence
US June CPI (12:30 UTC) could materially shift this read
02:46 UTC
Downtrend, pressing support · RSI 38 · price 1.4133
Lower highs, grinding into 1.4130 pivot.
USDCAD drifted lower through the Asian session on the Hormuz-driven oil bid, sliding off the 1.4155 session high back onto the 1.4130 SocGen pivot with RSI(14) near 37. Thin late-NY/rollover bars, price sitting right on support and the 1.4125 swing low just beneath.
Support: 1.4130, 1.4125, 1.4075
Resistance: 1.4155, 1.4150
What it said to watch
M15 close below 1.4130 exposes the 1.4125 swing low then 1.4075
Reclaim of 1.4155 negates the lower-high sequence
US June CPI (~10h out) is the cross-driver that could reprice this
02:46 UTC
Downtrend, grinding lower · RSI 38 · price 1.4133
Lower highs pressing into 1.4130 support.
USDCAD is grinding lower for a fifth session, pressing the 1.4130 support flagged by SocGen as CAD stays firm on the Hormuz-driven oil surge. Price sits below EMA20/50 with RSI(14) near 37, off its lows but not yet oversold; sellers capped the mid-window bounce at 1.4158.
Support: 1.4130, 1.4125, 1.4075
Resistance: 1.4158
What it said to watch
Sustained M15 close below 1.4130 opens the path to 1.4075
Reclaim of 1.4158 negates the lower-high sequence
US June CPI (12:30 UTC) is the cross-driver and could materially shift this read
Asia session drifting lower, USDCAD sliding from the 1.4160 zone back toward the 1.4130 pivot flagged by desks; last three bars printed fresh lower lows to 1.41341. Price sits below EMA20/50 with RSI(14) at 36, no bounce yet but not oversold.
Support: 1.4130, 1.41247
Resistance: 1.4150, 1.41598
What it said to watch
Sustained M15 close below 1.4130 opens the 1.4125 session low then lower
Reclaim of 1.4150 negates the lower-high sequence
BoC decision later today could reprice CAD and override this intraday read
USDCAD ground lower through the Asian session, printing a fresh session low at 1.41341 with RSI(14) around 36 — soft but not oversold. Price trades below EMA20/50 in a clean lower-high chain, with 1.4130 the SocGen-flagged pivot just below.
Support: 1.4130, 1.4126
Resistance: 1.4140
What it said to watch
Sustained break below 1.4130 opens the 1.4075 zone per context
Reclaim of 1.4140 stalls the current lower-high sequence
US CPI 12:30 UTC later today could reset this read
Asia session grinding lower on thin volume, price stalling at the 61.8% retrace of the 1.4126–1.4158 bounce, right on the 1.4130 support shelf. Rejection at 1.4158 earlier set lower highs; CAD retains a firm tone from the oil-led five-day slide.
Support: 1.4130, 1.4126
Resistance: 1.4152, 1.4158
What it said to watch
M15 close below 1.4130 opens the path to 1.4075
Reclaim of 1.4152 negates the lower-high sequence
BoC decision at 13:45 UTC could materially shift this read
02:16 UTC
Range with downward drift · RSI 40 · price 1.4138
Lower high off 1.4158, probing range base.
Asia session drifting lower after rejection at 1.4158; price has faded back to 1.4138, the 61.8% retrace of the prior bounce, with RSI(14) cooling near 40. Range base at 1.4126–1.4130 remains the pivot per the CAD-firm, oil-driven backdrop.
Support: 1.4130, 1.4126
Resistance: 1.4158
What it said to watch
Close below 1.4126 confirms a lower low and opens the 1.4075 area
Reclaim of 1.4158 negates the lower-high read
BoC decision later this week is the larger structural risk
USDCAD drifting lower through Asian hours, sliding back toward the 1.4130 support zone after rejecting the 1.4158 swing high. RSI(14) in the mid-30s with price under EMA20 and EMA50; oil-driven CAD strength keeps the grind down intact.
Support: 1.4130, 1.41247
Resistance: 1.4150, 1.4158
What it said to watch
M15 close below 1.41247 confirms a lower low
Reclaim of 1.41500 pivot negates the downside drift
US CPI 12:30 UTC and BoC Wednesday are cross-risks that could break the read
USDCAD is ranging 1.4125-1.4160 after a fifth day of oil-driven CAD strength; price has slipped back to ~1.4142, roughly the midpoint of the NY-session recovery off 1.41247. Asia hours are quiet, RSI mid-range and price below EMA20/50 as the 1.4153-1.4160 highs cap.
Support: 1.4134, 1.41247
Resistance: 1.41534, 1.41598
What it said to watch
M15 close below 1.41340 reopens the 1.41247 session low
Reclaim of 1.41534 needed to challenge the 1.41598 session high
US CPI 12:30 UTC and Warsh testimony 14:00 UTC later today could break this range
01:46 UTC
Recovery stalling, pulling back · RSI 44 · price 1.41446
Rally off 1.4125 fading, back inside range.
Asia session drifting lower after the London-NY rally tagged 1.4160 and got rejected; USD/CAD back to 1.4144 with RSI(14) mid-range near 43. Price sits below both EMAs after fading roughly half the 1.4125-1.4160 move, oil-driven CAD strength holding the pair near its multi-day lows.
Support: 1.4142, 1.41247, 1.4130
Resistance: 1.41598, 1.41565
What it said to watch
M15 close below 1.4142 opens the 1.4126 range low
Reclaim of 1.4160 revives the recovery
US CPI (12:30 UTC) is the near-term cross-risk for the USD leg
01:46 UTC
Range, drifting lower late · RSI 42 · price 1.41446
Range with lower highs into the lows.
USDCAD ranged 1.4142–1.4160 through the session and is drifting toward the floor in early Asia, rejecting the 1.4154 area twice. CAD stayed firm on the oil bid but the move is muted with traders parked ahead of US CPI and Wednesday's BoC.
Support: 1.4142, 1.41247
Resistance: 1.41541, 1.41598
What it said to watch
M15 close below 1.4142 opens the 1.4125 session low
Reclaim of 1.4160 negates the lower-high sequence
US CPI (12:30 UTC) is the next catalyst for the USD leg
01:31 UTC
Range, slight downtick · RSI 44 · price 1.41464
Consolidation after recovery off session low.
USDCAD is ranging in thin Asia-session liquidity, drifting between 1.41530 range top and the 1.41420 swing low after recovering from the 1.41247 session low. RSI(14) sits neutral near 43 with price hugging just below the EMAs; no setup in play.
Support: 1.4142, 1.41247
Resistance: 1.4153, 1.41598
What it said to watch
Close below 1.41420 reopens the 1.41247 session low
Reclaim of 1.41530 needed to retest the 1.41598 session high
US CPI at 12:30 UTC is the session's macro catalyst
Thin Asia session grinding sideways after London-NY chop; price drifting off the 1.41586 session high back toward 1.4146 with RSI(14) neutral near 46. Rangebound between 1.4125 and 1.4165, no setup in play — traders sidelined ahead of Wednesday's BoC.
Support: 1.4142, 1.41247
Resistance: 1.41586, 1.41654
What it said to watch
M15 close below 1.41420 opens the 1.41247 swing low
Break above 1.41586 exposes the 1.41654 prior high
US CPI (12:30 UTC) later today could break the range
USDCAD is ranging in thin Asia-session liquidity, drifting off the 1.41598 session high back toward mid-range at 1.41446. The pair recovered from the 1.41247 low earlier but momentum has stalled, RSI(14) mid-40s and price back below EMA20/50.
Support: 1.4134, 1.41247
Resistance: 1.4153, 1.41598
What it said to watch
M15 close below 1.41340 reopens the 1.41247 session low
Reclaim of 1.41598 session high needed to resume the upside
US CPI (12:30 UTC) and Wed BoC are the larger drivers still ahead
01:16 UTC
Range, drifting lower · RSI 43 · price 1.41446
Rangebound 1.4126-1.4171, off recent high.
Thin Asian-session tape, USDCAD ranging 1.4126-1.4171 and drifting off the 1.4158 recent high back toward 1.4144. Price sits below EMA20/50 with RSI(14) near 42; traders sidelined ahead of US CPI and Wednesday's BoC hold.
Support: 1.4126, 1.4140
Resistance: 1.4158, 1.4171
What it said to watch
US CPI at 12:30 UTC could break the 1.4126-1.4171 range
Close below 1.4126 confirms a lower low
Reclaim of 1.4158 puts the 1.4171 window high back in play
01:03 UTC
Range, drifting lower into Asia · RSI 44 · price 1.41464
Ranging 1.4126-1.4160, mid-range pullback.
USDCAD is rangebound 1.4126-1.4160 through a thin Asia session, drifting back to 1.4146 after stalling at the 1.4160 session high. RSI(14) mid-forties, no momentum; pair sidelined into Wednesday's BoC hold with US CPI the nearer catalyst.
Support: 1.4143, 1.4126, 1.4130
Resistance: 1.4160
What it said to watch
US June CPI at 12:30 UTC could break the 1.4126-1.4160 range
Close below 1.4130 support opens the path toward 1.4075
Reclaim of 1.4160 session high would neutralise the drift lower
01:02 UTC
Sideways, drifting off session high · RSI 44 · price 1.41464
Consolidation inside 1.4145–1.4160 range.
Asia session grinding in a tight 1.4145–1.4160 band on thin overnight liquidity after fading the 1.41598 session high. Price now sits at the lower edge near 1.4146, RSI(14) mid-range and ATR compressed to ~5 pips; traders sidelined ahead of US CPI.
Support: 1.41443, 1.4126
Resistance: 1.4153, 1.41598
What it said to watch
M15 close below 1.41443 opens the path toward the 1.41260 swing low
Close above 1.41598 re-engages the upper range
US June CPI at 12:30 UTC is the dominant catalyst and could break this range either way
USDCAD chopped in a 1.4126-1.4172 range through the session, now mid-lower at 1.4146 in thin late-session trade after fading the 1.4158 session high. RSI(14) neutral near 45; traders sidelined ahead of today's US CPI and Wednesday's BoC.
Support: 1.4145, 1.4126
Resistance: 1.4158, 1.4172
What it said to watch
M15 close below 1.4126 confirms a range low breakdown
USDCAD is ranging 1.4145-1.4160 in thin post-NY/early-Asia conditions, price slipping back to the session low at 1.41450 after rejection at the 1.41598 swing high. RSI(14) mid-range near 43, no momentum extension; pair drifting under EMA20/50.
Support: 1.4145, 1.41247
Resistance: 1.41598, 1.4172
What it said to watch
Close below 1.41450 exposes the 1.41247 intraday low
Reclaim of 1.41598 swing high reopens 1.41720
US June CPI (12:30 UTC) is the next major catalyst for this pair
00:31 UTC
Sideways after recovery off lows · RSI 53 · price 1.41533
Ranging near session highs post-rebound.
USDCAD rebounded from the 1.41247 session low back to the 1.41598 session high, then stalled into thin Asian-session trade, coiling 1.4146–1.4160 around 1.4150. RSI(14) neutral near 53, price holding just above EMA20/50 with no fresh momentum.
Support: 1.4146, 1.4134, 1.41247
Resistance: 1.41598, 1.4168
What it said to watch
Close above 1.41598 opens 1.41680
Loss of 1.41460 reopens the 1.41340 swing low
US CPI (12:30 UTC) later today is the next major driver for the pair
Asia session grinding in a tight 1.4145–1.4160 band on thin overnight volume after NY bounced off the 1.41247 session low. RSI(14) neutral near 53; no setup in play until the range breaks.
Support: 1.4145, 1.41247
Resistance: 1.4160, 1.41724
What it said to watch
M15 close above 1.41600 swing high opens the path to 1.41724 prior high
Loss of 1.41450 range low reopens the 1.41247 session low
US CPI at 12:30 UTC later today is the bigger driver for this pair
00:17 UTC
Sideways, no momentum · RSI 49 · price 1.41516
Range-bound after recovery off intraday low.
USDCAD is coiling around 1.4150 in a thin Asia session, holding a tight 1.4145–1.4160 band after recovering from the 1.41247 swing low. Volume has collapsed on the recent bars, ATR sub-5 pips — no setup in play with traders parked ahead of Wednesday's BoC hold.
Support: 1.4145, 1.41247
Resistance: 1.41598, 1.4165
What it said to watch
M15 close above 1.41598 opens the path back toward the 1.41650 prior high
Close below 1.41450 session low reopens the 1.41247 swing low
US CPI at 12:30 UTC is the next macro catalyst that can break this range
00:16 UTC
Sideways, consolidating after recovery · RSI 49 · price 1.41516
Range-bound in thin Asia session.
USDCAD is coiling around 1.4150-1.4155 in a thin, low-volume Asia session after recovering off the 1.41247 day low. Price stalled below the 1.4158 session high and now sits near the midpoint of that recovery; RSI(14) flat near 49, no directional impulse in play.
Support: 1.41485, 1.41247
Resistance: 1.4158, 1.4165
What it said to watch
Close above 1.41580 opens a retest of 1.41650
Failure to hold 1.41485 exposes the 1.41247 day low
US CPI / Warsh testimony later today could break this range
00:02 UTC
Range, low volatility · RSI 47 · price 1.41491
Consolidation inside intraday range.
Asian session grinding in a tight 1.4146–1.4153 band on thin volume, retracing the 1.4126–1.4160 up-move after London bounced off the session low. RSI(14) neutral near 47 with price back under EMA20 — no intraday setup in play.
Support: 1.4145, 1.4126
Resistance: 1.4158, 1.4168
What it said to watch
M15 close above 1.4158 swing high opens 1.4168
Break of 1.4146 recent low targets the 1.4126 session low
US CPI Tue 12:30 UTC is the likely range-break catalyst
00:02 UTC
Ranging, no clear direction · RSI 46 · price 1.41491
Range-bound between 1.4126 and 1.4172.
Thin Asian-session tape has USDCAD drifting mid-range around 1.4149 after London sold it from 1.4172 down to 1.4125 and NY recovered it to 1.4158. Price is sitting on the 50% area of that bounce with RSI(14) neutral near 46; no setup in play while the 1.4126–1.4172 range holds.
Support: 1.4132, 1.41247
Resistance: 1.4158, 1.4172
What it said to watch
Break above 1.4158 reopens the 1.4172 prior high
Loss of 1.4126 session low confirms a lower low
US CPI (12:30 UTC) is a range-break catalyst for USD