USDCAD has trended higher all week off Monday's ~1.3985 open, with the dominant leg coming on the hawkish-Fed/softer-oil mix that pushed the pair through 1.4159 during the mid-week NY session. Price tagged a fresh week high at 1.4182 before stalling into a tight 1.4173-1.4177 range over the last several bars, RSI(14) cooling from the highs toward 61 as momentum flattens. Pullbacks have continued to hold above the rising EMA20.
Support: 1.4158, 1.4134, 1.4094
Resistance: 1.4182, 1.4200
What it said to watch
H1 close above 1.4182 extends the week's uptrend toward 1.4200
Failure to hold the 1.4158 EMA20 signals momentum fade and opens 1.4134
Canada CPI Mon 12:30 UTC could materially shift this read
Higher highs into 14-mo highs, consolidating at top.
USDCAD has trended higher in a tight ascending channel since Monday's open, with a sharp leg up during the NY session mid-week on the hawkish Fed dot-plot and soft Canadian data dragging the oil-linked loonie. Price tagged a fresh 14-mo high at 1.41827 and is now consolidating just below it, holding above EMA20 with RSI(14) elevated near 71. Pullbacks have repeatedly found buyers around the prior 14-mo high at 1.4159.
Support: 1.4159, 1.4150, 1.41268
Resistance: 1.41827, 1.4200
What it said to watch
Canada CPI Mon 12:30 UTC is the next major catalyst and could materially shift this read
Close above 1.41827 session high opens the path higher toward 1.4200
Failure to hold the 1.4159 prior high and EMA20 would signal momentum stalling
USDCAD has trended higher every session since Monday's open, with CAD pressured by a hawkish Fed afterglow and softer oil dragging the loonie to fresh 14-month lows. Price has cleared the 1.4159 prior high and printed new week highs at 1.41827 into the NY-Asia transition, holding above a rising EMA20 throughout. RSI(14) at 66 confirms the momentum but is approaching stretched territory after the seven-session run.
Support: 1.4152, 1.4159, 1.41241
Resistance: 1.41827, 1.4200
What it said to watch
Canada CPI Mon 12:30 UTC could materially shift this read
Loss of 1.4159 prior high would mark the first lower-low this week
Sustained close above 1.41827 week high opens the 1.4200 psych level
USDCAD has trended higher all week, tagging a fresh 14-month high at 1.41827 as the hawkish Fed afterglow and softer oil weighed on CAD. Price sits above EMA20 with every pullback this week holding the rising structure, but RSI(14) above 70 flags a stretched, overbought condition into thin late-NY trade. The 1.4154 EMA20 has tracked the advance as dynamic support; 1.41827 caps the latest leg.
Support: 1.4154, 1.41344
Resistance: 1.41827, 1.4200
What it said to watch
H1 close below 1.41344 swing low would break the higher-low sequence
Acceptance above 1.41827 session high opens the path toward 1.42000 psych
Canada CPI (Mon 12:30 UTC) could materially shift this read given stretched RSI
USDCAD has trended higher all week off Wednesday's hawkish Fed and soft Canadian data, breaking the 1.4159 prior high which now acts as support. Price holds well above EMA20 (~1.4148) with each pullback finding the rising trendline; the latest leg into the NY session printed a fresh session high at 1.41827. RSI(14) at ~72 flags stretched conditions even as structure stays constructive.
Support: 1.4159, 1.4148, 1.41344
Resistance: 1.41827, 1.4200
What it said to watch
Loss of 1.41590 prior high would mark the first lower structure of the week
Canada CPI Mon 12:30 UTC could materially shift this read
Sustained acceptance above 1.41827 session high opens the path to the 1.4200 round number
Series of higher highs and higher lows, ascending channel.
USDCAD has climbed steadily since Monday's open and accelerated through the week after Wednesday's hawkish FOMC dots and softer Canadian data, tagging fresh 14-month highs around 1.4183. Price sits above EMA20 and EMA50 with pullbacks repeatedly finding the rising trendline, but RSI(14) above 70 flags overbought conditions into thin Juneteenth trade. The prior 1.4159 high now acts as the first reference on any dip.
Support: 1.4159, 1.4134, 1.4100
Resistance: 1.41827
What it said to watch
H1 close back under 1.4159 would mark the first lower high since the breakout
Loss of 1.4134 swing low would break the ascending trendline
RSI above 70 flags overbought, raising odds of a corrective pullback
Canada CPI Mon 12:30 UTC could materially shift this read
USDCAD has rallied through the week to a fresh 14-month high at 1.4183, with the dominant leg coming through the NY session as the hawkish-Fed bid and softer oil pressured CAD. Price is holding above EMA(20) on every pullback and the prior 1.4159 high has flipped to support, but RSI(14) near 77 flags stretched momentum into Monday's Canada CPI. The 1.4200 psych level is the next upside area to watch for rejection or break.
Support: 1.4159, 1.4145, 1.4133
Resistance: 1.4183, 1.4200
What it said to watch
Hold above 1.4159 keeps the higher-high structure intact; loss reopens 1.4133 swing low
Canada CPI (Mon 12:30 UTC) could materially shift this read given stretched RSI
Close back below EMA(20) ~1.4145 would mark the first momentum break since the breakout
17:02 UTC
Uptrend, extended · RSI 72 · price 1.41759
Higher highs, breakout above prior high.
USDCAD has graded higher all week, accelerating through the NY session yesterday after the hawkish Fed repricing and softer crude weighed on CAD. The 1.4159 14-month high has given way and price is pressing the 1.4183 session high with RSI(14) elevated in overbought territory. Pullbacks have repeatedly held above EMA(20), keeping the climb intact but stretched.
Support: 1.4159, 1.4130, 1.4094
Resistance: 1.4183
What it said to watch
Canada CPI Mon 12:30 UTC could materially shift this read
Loss of 1.4159 would put the breakout back in question
Failure to clear 1.4183 leaves overbought RSI flagging pullback risk
Rising series of higher highs and higher lows, fresh 14-month highs.
USDCAD has climbed for the better part of the week, tagging fresh 14-month highs near 1.4183 as a hawkish Fed surprise and soft Canadian retail sales kept CAD heavy. Price broke and is holding above the prior 1.4159 high, with pullbacks shallow and EMA(20) tracking beneath every NY-session push higher. RSI(14) sits stretched near 80, a sign the move is extended even as structure stays intact.
Support: 1.4159, 1.4100
Resistance: 1.4183
What it said to watch
Canada CPI Mon 12:30 UTC (HIGH) could materially shift this read
RSI near 80 flags overbought conditions; a sharp mean-reversion would not break the uptrend
Hourly close back below 1.4159 would put the prior-high retest in play; loss of 1.4100 breaks the higher-low sequence
Series of higher highs and higher lows, ascending channel.
USDCAD has trended higher for seven straight sessions, pressing fresh 14-month highs near 1.4183 as a hawkish Fed and a soft Canadian retail-sales print kept CAD heavy. Price holds well above EMA(20) with pullbacks shallow, but RSI(14) is stretched in the high-70s, flagging an extended move rather than fresh impulse. The prior 1.4159 high has been absorbed and now sits within the broader breakout zone.
Support: 1.4150, 1.4110, 1.4038
Resistance: 1.4183
What it said to watch
Canada CPI Mon 12:30 UTC is HIGH-impact and could materially shift this read
Loss of 1.4150 breakout area would mark the first lower-high this week
Stretched RSI raises risk of a sharp pullback toward the 9-day EMA near 1.4038
Series of higher highs and higher lows, near week high.
USDCAD has trended one direction all week, printing a 14-month high at 1.41777 as a hawkish-Fed dollar bid met soft Canadian data and easing oil. Price sits above both EMAs with pullbacks repeatedly holding the rising trendline of higher lows, but RSI(14) near 72 flags an extended move into the thin Juneteenth tape. The 1.41777 high is the immediate cap, with 1.42000 the next round level overhead.
Support: 1.4148, 1.41268, 1.4100
Resistance: 1.41777, 1.4200
What it said to watch
Loss of EMA20 (~1.4148) and a close below 1.41268 would break the higher-low structure
Canada CPI Mon 12:30 UTC could materially shift this read
Failure to clear the 1.41777 week high keeps the move capped
USDCAD has climbed for seven sessions, tagging fresh 14-month highs near 1.4178 into a thin Juneteenth tape as a hawkish Fed and soft oil kept CAD heavy. Price holds well above EMA(20) with pullbacks shallow, but RSI(14) is stretched near overbought after a soft Canadian retail-sales print added pressure. Each NY session this week has extended the move within a clean ascending channel.
Support: 1.41358, 1.41241, 1.4100
Resistance: 1.41777
What it said to watch
Canada CPI Mon 12:30 UTC could sharply shift this read
Loss of 1.41241 swing low breaks the channel higher-low sequence
Stretched RSI flags exhaustion risk near the 1.4178 session high
USDCAD has ground higher all week on broad USD strength after Wednesday's hawkish Fed hold and soft Canadian retail sales, pushing through the 1.4159 14-month high into the NY session to print a fresh session high at 1.41712. Pullbacks have repeatedly found the rising EMA20 with RSI(14) cycling in the 55–70 band on each leg up, keeping the trend intact. The move is stretched but structure remains constructive while higher lows hold.
Support: 1.4148, 1.41344, 1.41102
Resistance: 1.41712, 1.4159
What it said to watch
Canada CPI Mon 12:30 GMT is the first CAD catalyst and could materially shift this read
H1 close back below 1.4159 would signal a failed range break
Loss of 1.41344 swing low breaks the higher-low sequence
14:01 UTC
Uptrend, stretched into highs · RSI 71 · price 1.41675
Series of higher highs and higher lows, fresh 14-month high.
USDCAD extended its multi-day grind to a fresh 14-month high, clearing the 1.4159 prior high into NY hours as the hawkish-Fed USD bid and soft Canadian retail sales kept pressure on CAD. Price has held above EMA20 throughout the week and RSI(14) is stretched near 71, echoing the overbought condition flagged across the move. The 1.4150 round number now caps the immediate pullback floor with the ascending higher-low structure intact.
Support: 1.4150, 1.41344, 1.4100
Resistance: 1.4159
What it said to watch
Canada CPI Mon 12:30 GMT is the first real CAD catalyst and could shift this read
Failure to hold the 1.4159 prior high on a retest would mark a false break
Stretched RSI near 71 flags correction risk toward EMA20 / 1.4150 round number
Consolidation under 14-month high after impulsive leg.
USDCAD has ground higher all week from Monday's 1.3970 open, with the dominant leg printing Wednesday into the NY session as the dollar firmed on the hawkish Fed hold and soft Canadian data. Price now consolidates just under the 1.4159 14-month high, holding above EMA20 with RSI cycling in the upper half. The 1.4159 cap has held back two attempts this week — area to watch for rejection or break.
Support: 1.4142, 1.4124, 1.4100
Resistance: 1.4159
What it said to watch
H1 close above 1.4159 opens the path to fresh 14-month highs
Failure to hold the 1.4124 swing low / EMA20 signals a corrective pullback
Canada CPI Mon 12:30 GMT is the first CAD catalyst and could materially shift this read
USDCAD has ground higher all week, with the dominant leg arriving in the NY session mid-week (1.4025 to 1.412) on the hawkish Fed hold and softer crude, then extending to a 14-month high at 1.4159. Price holds above EMA(20) with pullbacks shallow and RSI(14) cycling in the 55-70 zone — momentum firm but stretched into the highs. The 1.4159 week high has capped the latest push; 1.4134 is the nearest higher-low pivot.
Support: 1.41344, 1.4110, 1.40706
Resistance: 1.41591, 1.4200
What it said to watch
H1 close above 1.4159 opens the path to the 1.4200 psych level
Failure to hold 1.4134 signals a lower-low and corrective pullback toward 1.4110
Canada CPI Mon 12:30 GMT is the first CAD catalyst and could materially shift this read
Higher highs / higher lows, stalling under week high.
USDCAD has run a third straight up session, grinding from Monday's ~1.3970 open to a 1.4159 week high after the hawkish Fed hold and softer oil pressured CAD. The aggressive breakout into the NY session two days ago cleared 1.4070 and price has held above the EMA(20) on every pullback since. RSI(14) sits in the low-60s with momentum cooling as price stalls just under the week high.
Support: 1.4134, 1.4110, 1.4070
Resistance: 1.41591, 1.4170
What it said to watch
Hourly close above 1.41591 week high reopens the path toward 1.4170
Failure to hold 1.4134 swing low signals the breakout is losing grip
Canada Retail Sales 12:30 GMT could materially shift this read
Higher highs since Monday, consolidating below week high.
USDCAD has ground higher for a third straight session, lifted by soft crude and a hawkish Fed hold, with the dominant leg coming during the NY session that drove price from 1.4025 to the 1.4159 week high. Price holds above both EMAs and is now consolidating in a tight 1.4134–1.4159 band as RSI cools off the highs. Demand keeps stepping in around 1.4134, while supply has capped attempts at the 1.4159 week high.
Support: 1.41344, 1.4100, 1.4067
Resistance: 1.41591, 1.41338
What it said to watch
Canada Retail Sales 12:30 GMT could materially shift this read
Close above 1.4159 week high opens the path higher
Failure to hold 1.4100 round support would break the rising structure
Higher highs / higher lows, stalling under week high.
USDCAD has trended higher all week, accelerating from ~1.4025 into 1.4120 in the NY session Wednesday as a hawkish Fed hold and soft oil pressured the loonie. Price now grinds against the 1.4159 week high with RSI(14) cycling in the mid-50s and pullbacks holding the rising EMA(20). Demand has stepped in repeatedly around 1.4100–1.4134, keeping the structure of higher lows intact.
Support: 1.4134, 1.4100, 1.4070
Resistance: 1.41591, 1.4146
What it said to watch
Hourly close above 1.4159 week high extends the uptrend
Failure to hold 1.4134 session low opens the 1.4100 pivot
Canada Retail Sales 12:30 UTC could shift this read
USDCAD has trended higher since Monday's open near 1.3980, with the dominant leg coming during Wednesday's NY session post-FOMC as a hawkish dot plot bid the dollar and soft oil weighed on CAD. Price has since stalled in a 1.4127–1.4159 range, holding above EMA(20) while RSI(14) cycles in the mid-50s after earlier overbought readings. The 1.4159 week high has capped the latest push.
Support: 1.41268, 1.4100, 1.39826
Resistance: 1.41591
What it said to watch
Canada Retail Sales today 12:30 UTC could break the 1.4127–1.4159 range
Close above 1.41591 extends the week's uptrend
Loss of 1.41268 swing low signals a deeper pullback toward the 1.4100 pivot
Higher highs and higher lows, consolidating below week high.
USDCAD has trended higher since Monday's sub-1.3970 open, with the decisive leg coming on Wednesday's post-FOMC breakout that carried the pair through 1.4070 on a hawkish Fed hold and soft oil. Price has since extended to a 1.41591 week high before stalling, now coiling in the 1.4134–1.4159 zone with RSI(14) holding in the upper half. EMA(20) tracked beneath each pullback through the NY sessions, keeping the structure intact.
Support: 1.4110, 1.4070, 1.4025
Resistance: 1.41591, 1.41338
What it said to watch
Canada Retail Sales 12:30 UTC could materially shift this read
Hourly close above 1.41591 extends the week's uptrend
Loss of 1.41100 pivot opens the path back toward 1.40700
USDCAD opened near 1.3970 Monday and has climbed three straight sessions to a week high of 1.4159, driven by soft oil and a firm post-FOMC dollar. Price holds above EMA20 with pullbacks repeatedly finding the rising-low trendline, though the move has stretched and RSI has eased back from extremes into the latest dip toward 1.4134. The 1.4159 area has capped the most recent push during NY hours.
Support: 1.4134, 1.4110, 1.4100
Resistance: 1.4159, 1.4140
What it said to watch
Canada Retail Sales at 12:30 UTC could materially shift this read
H1 close above 1.4159 extends the week's uptrend
Failure to hold 1.4100 pivot breaks the rising-low structure
USDCAD extended a three-day climb, with the dominant leg printed during the NY session on soft oil and a firm post-FOMC dollar. Price stalled at the 1.41591 week high and is now consolidating just below EMA20, RSI(14) cooling back toward midline. Pullbacks have held above the 1.41100 pivot, keeping the rising sequence of higher lows from the 1.40300 swing low intact.
Support: 1.4110, 1.4030
Resistance: 1.41591
What it said to watch
Hourly close above 1.41591 week high opens continuation higher
Failure to hold the 1.41100 pivot breaks the higher-low sequence
Canada Retail Sales 12:30 UTC could shift this read
09:02 UTC
Uptrend, momentum slowing near week high · RSI 57 · price 1.41352
USDCAD has trended higher since Monday's open, with the decisive leg coming on Wednesday's hawkish-Fed/soft-oil breakout that lifted the pair from sub-1.4030 through 1.4070. Price has since ground out higher highs into the 1.4159 week high and is now consolidating just above the EMA20 near 1.4135, with RSI cycling in the upper-50s rather than reaching extremes. The 1.4100 pivot and the rising line of higher-lows have contained pullbacks all week.
Support: 1.41268, 1.4135, 1.4100
Resistance: 1.41591, 1.41461
What it said to watch
H1 close above 1.4159 extends the week's uptrend
Loss of the 1.4100 pivot breaks the rising support line
Canada Retail Sales 12:30 UTC could shift this read
08:01 UTC
Uptrend, momentum strong · RSI 62 · price 1.41456
Higher highs and higher lows, fresh week high.
USDCAD has rallied five sessions from Monday's ~1.3970 open to a fresh week high at 1.4159, with the hawkish post-FOMC USD tone and soft oil keeping the pair bid. Price holds well above EMA(20) and EMA(50) with pullbacks staying shallow and finding the rising higher-low line. RSI(14) cycling in the low 60s leaves the trend intact without an extreme stretch.
Support: 1.4136, 1.4100
Resistance: 1.4159
What it said to watch
Canada Retail Sales at 12:30 UTC could shift the near-term read into Monday's CPI
H1 close above 1.4159 opens continuation of the week's trend
Failure to hold 1.4136 puts the rising higher-low line and 1.4100 in focus
Higher highs / higher lows, pullback off weekly high.
USDCAD has ground higher all week from Monday's ~1.3966 low to a fresh weekly high at 1.4159, accelerating through a post-FOMC USD repricing spike in the NY session that broke 1.4036. Pullbacks have repeatedly found the rising EMA20 (~1.4138), with RSI(14) cycling in the upper half rather than reaching extremes. Price has eased back toward the EMA20 and swing low at 1.4128 after the latest push stalled.
Support: 1.4138, 1.4128, 1.4100
Resistance: 1.4159
What it said to watch
Canada Retail Sales 12:30 UTC could shift the read
H1 close above 1.4159 weekly high opens continuation
Loss of 1.4100 pivot breaks the higher-low structure
USDCAD has ground higher all week from the ~1.3990 Monday open, with the dominant leg coming on Wednesday's hawkish-Fed repricing that drove the pair from 1.4025 through 1.4100. Price holds above EMA20 with RSI(14) cycling in the upper half, but the 1.41591 week high capped the latest NY push and the pair is now consolidating just under it. Soft Canadian producer-price data this week kept CAD on the back foot.
Support: 1.41241, 1.4100, 1.4025
Resistance: 1.41591, 1.41461
What it said to watch
Canada Retail Sales today 12:30 UTC could shift the read
H1 close above 1.41591 extends the week-high break
Loss of 1.41241 swing low signals a lower-low and stalls the trend
06:01 UTC
Uptrend, momentum strong · RSI 66 · price 1.41569
Higher highs, higher lows since Monday.
USDCAD has trended steadily higher since Monday's ~1.3957 open, with the dominant leg coming on the hawkish Fed hold that drove a breakout above 1.4070 into the NY session. Price sits at the week high near 1.41577, holding above EMA20 on every pullback while RSI cycles in the upper half. Lower oil post US-Iran de-escalation has reinforced the CAD-weak tone.
Support: 1.4110, 1.4125, 1.4070
Resistance: 1.41577, 1.4150
What it said to watch
Hourly close above 1.41577 extends the weekly uptrend
Cdn Retail Sales at 12:30 UTC could shift this read
Loss of 1.4110 breaks the week's higher-low structure
06:01 UTC
Uptrend, extended · RSI 65 · price 1.41569
Higher highs and higher lows, fresh week highs.
USDCAD has trended higher all week from Monday's ~1.3957 open, with the dominant leg coming on the hawkish-Fed repricing and an oil-led CAD drag during the NY session two days ago that broke 1.40700. Price holds above EMA(20) on every pullback and is pressing fresh week highs near 1.41577. RSI(14) sits elevated and the move is stretched after five up-days.
Support: 1.4117, 1.4070, 1.4000
Resistance: 1.41577, 1.4200
What it said to watch
Cdn Retail Sales today 12:30 UTC could shift the read against this uptrend
BoC CPI Monday 12:30 UTC is the week's high-impact CAD catalyst
Failure to hold 1.41170 would mark the first lower-low this week
Close above 1.41577 opens the path toward 1.42000
05:02 UTC
Uptrend, extended near week high · RSI 65 · price 1.41569
Higher highs and higher lows since Monday.
USDCAD has trended steadily higher since Monday's open, with the dominant leg coming on the hawkish Warsh FOMC repricing that gapped price from the 1.4030 base up through 1.4100. The pair is holding above EMA(20) and EMA(50) and is pressing the week high at 1.41577, having cleared the 1.4150 area noted as the Nov-2025 peak. RSI sits elevated but not extreme, with the late grind into Friday's session showing smaller bodies as momentum cools near the highs.
Support: 1.41241, 1.4100, 1.4030
Resistance: 1.41577, 1.41461
What it said to watch
Canada Retail Sales at 12:30 UTC today could materially shift this read
Sustained H1 close above 1.41577 extends the week high
Loss of 1.41000 pivot would mark the first lower-low of the week
05:01 UTC
Uptrend, extended · RSI 65 · price 1.41569
Higher highs into fresh week high.
USDCAD has trended higher all week from Monday's open near 1.3957, accelerating after the hawkish FOMC and softer oil, and has now cleared the 1.4150 Nov-2025 peak to print fresh highs at 1.4157. Pullbacks have repeatedly held the rising support line and the 1.4140 shelf, with RSI(14) overbought but momentum still intact. Canada Retail Sales at 12:30 UTC is the immediate domestic catalyst.
Support: 1.4140, 1.4100, 1.4067
Resistance: 1.4157
What it said to watch
Canada Retail Sales 12:30 UTC could shift this read
Failure to hold 1.4140 prior-res shelf would stall the breakout
Loss of 1.4100 pivot confirms a deeper pullback
04:02 UTC
Uptrend, testing range top · RSI 65 · price 1.41512
Higher highs and higher lows, fresh week high.
USDCAD has trended steadily higher since Monday's open, with the decisive leg coming on the mid-week breakout above 1.4070 on a hawkish-Fed-plus-soft-oil backdrop. Price holds above EMA20 and EMA50 with RSI(14) cycling in the 55-65 zone on each pullback. The 1.4150 Nov-2025 peak is now being tested after fresh highs at 1.41513.
Support: 1.4130, 1.4128, 1.4100
Resistance: 1.4150
What it said to watch
Canada Retail Sales 12:30 UTC could shift the CAD read
Sustained H1 close above 1.4150 opens the path higher
Failure to hold 1.4130 swing low would break the higher-low sequence
USDCAD has trended higher all week off Monday's 1.3950 base, with the decisive leg coming in the NY session midweek as the hawkish Fed and softer oil pushed price through the 1.4100 pivot. Price now holds above EMA20 and EMA50 and is pressing the 1.41513 week high, right into the 1.4150 Nov-2025 peak. RSI(14) is elevated near 66, in overbought territory after the run.
Support: 1.4100, 1.41168
Resistance: 1.41513, 1.4150
What it said to watch
Hourly close above 1.4150 (nov peak) extends the breakout
Failure to hold the 1.4100 pivot negates the breakout structure
Canada Retail Sales 12:30 UTC could shift this read
Higher highs, grinding consolidation near week high.
USDCAD has trended up all week, running from sub-1.3960 to a 1.4148 high on the hawkish-Fed repricing and soft oil weighing on CAD. The dominant leg was a sharp NY-session breakout through 1.4070 mid-week; price has since ground higher in a tight consolidation holding above EMA(20). RSI(14) sits near 60 with the pair pressing the week high — softer Canadian producer prices added to the heavy CAD tone.
Support: 1.4110, 1.40706, 1.4025
Resistance: 1.4148, 1.4150
What it said to watch
Sustained close above 1.4148 opens the path to the 1.4150 area
Loss of the 1.4110 pivot would mark the first lower-high since the breakout
Canada Retail Sales at 12:30 UTC could materially shift this read
USDCAD ran from the 1.3950 area at Monday's open to a fresh week high at 1.41475, with the dominant leg coming during the NY session on the hawkish-Fed repricing and soft oil weighing on CAD. Price has since coiled in a tight 1.4110–1.4148 band, holding above EMA(20) with RSI(14) cycling in the upper half but no fresh extension. The 1.4100 pivot and 1.41100 swing low mark the floor of this week's structure.
Support: 1.4125, 1.4110, 1.4100
Resistance: 1.41475, 1.4150
What it said to watch
Canada Retail Sales today 12:30 UTC could materially shift the CAD read
Close above 1.41500 opens the path to extension
Failure to hold 1.41100 swing low confirms a lower-high
02:02 UTC
Uptrend, consolidating near highs · RSI 61 · price 1.41468
Higher highs and higher lows, coiling below resistance.
USDCAD has run from Monday's ~1.3950 base to the 1.4148 area, with the decisive leg printing during the NY session as the hawkish-Fed hold and soft oil kept CAD heavy. Price holds above EMA20 and EMA50 with RSI(14) cycling in the upper half, and the last few hours have coiled into a tight range below the 1.4148 session high. The 1.4150 Nov peak caps the move while pullbacks have been bought near 1.4127.
Support: 1.41268, 1.4110, 1.4100
Resistance: 1.4148, 1.4150
What it said to watch
Canada Retail Sales today 12:30 UTC could materially shift this read
H1 close above 1.41500 opens the path toward the Nov peak extension
Failure to hold 1.41268 risks a pullback toward the 1.4100 pivot
Higher highs and higher lows, consolidating below week high.
USDCAD has run a five-day uptrend from the ~1.3950 area, with a sharp impulse bar pushing decisively through 1.4100 on the hawkish-Fed and soft-oil backdrop. Price now sits just under the session high at 1.41480 after two attempts at 1.4146-1.4148 capped the move, with RSI elevated but easing. The 1.4100 pivot has held as the base for this week's higher lows.
Support: 1.4110, 1.4100, 1.3940
Resistance: 1.4148, 1.4150
What it said to watch
H1 close above 1.41500 (nov peak) opens further continuation
Failure to hold the 1.4100 pivot risks a pullback toward 1.3940
Canada Retail Sales 12:30 UTC could materially shift this read
USDCAD has trended higher all week, accelerating off the 1.4025 base during the NY session as the firm post-FOMC dollar and soft oil weighed on CAD, tagging a 1.4146 week high. Price now consolidates just under that high, holding above EMA20 with RSI(14) cooling from overbought toward the mid-50s. The 1.4100 pivot, reclaimed during the impulse, has not been retested.
Support: 1.4127, 1.4100, 1.4070
Resistance: 1.4146, 1.4150
What it said to watch
Canada Retail Sales 12:30 UTC could materially shift this read
H1 close below 1.4100 breaks the pivot and opens 1.4070 breakout retest
Acceptance above 1.4146 week high exposes the 1.4150 psych level
Higher highs and higher lows, consolidating below week high.
USDCAD has run from ~1.3990 to the 1.4140s this week, with the dominant leg printing on the hawkish-Fed reaction that gapped price from 1.4025 through 1.4072 mid-window. Price holds above EMA20 (~1.4122) and is consolidating just under the 1.41461 week high, with RSI(14) easing off overbought as the move catches its breath. The 1.4110 pivot and rising higher-lows have absorbed every pullback since the breakout.
Support: 1.4110, 1.4072, 1.4122
Resistance: 1.41461, 1.4150
What it said to watch
Close above 1.41461 opens the path to the 1.4150 Nov peak
Loss of 1.4110 pivot would break the higher-low sequence
Canada Retail Sales today 12:30 UTC and BoC CPI Monday could materially shift this read
00:02 UTC
Uptrend, consolidating near highs · RSI 60 · price 1.41406
Higher highs and higher lows since Monday, ranging below week high.
USDCAD has run from Monday's 1.3950 base to the 1.41 handle, with the hawkish-Fed repricing on June 17 driving the breakout candle that gapped through 1.4025 into 1.4122. Price has since consolidated between 1.4110 and the 1.4146 week high, holding well above EMA20 on each pullback with RSI(14) cooling from overbought toward 60. The 1.4146/1.4150 zone — the Nov-2025 peak — is the area capping this week's advance.
Support: 1.4111, 1.4094, 1.4025
Resistance: 1.41461, 1.4150
What it said to watch
Failure to hold 1.4110 consol low would mark the first lower-low since Monday
Hourly close above 1.4150 nov peak opens room toward fresh range highs
Canada Retail Sales (today 12:30 UTC) and BoC CPI Monday could materially shift this read
USDCAD has run from Monday's ~1.3970 open to the 1.4140s, with the decisive leg printing on Wednesday's hawkish FOMC repricing and softer oil/CAD data. Price holds above both EMA(20) and EMA(50), but the week high at 1.41461 has capped the latest push and RSI(14) has cooled into the low 60s as the move flattens into a tight range. The 1.4110 pivot has held as the floor of this consolidation since the breakout.
Support: 1.4110, 1.4070
Resistance: 1.41461, 1.4150
What it said to watch
Canada Retail Sales 12:30 UTC today could shift the CAD read intraday
H1 close above 1.41461 opens the path toward the 1.4150 nov peak
Loss of the 1.4110 pivot would mark the first lower-low since the breakout
BoC CPI Monday is a high-impact catalyst for this read