USD/CAD AI Live Scan, 15-minute chart, Monday, 20 July 2026

Every read JAFX AI made on the USD/CAD 15-minute chart that day, newest first: trend, structure, the levels it marked and what it said to watch.

23:46 UTC

Uptrend, momentum slowing · RSI 53 · price 1.40763

Higher highs and higher lows, pulling back from session high.

USDCAD ground higher through the London-NY window to a session high at 1.40850, the loonie bounce fading despite oil-led CAD strength keeping the pair pressed toward the 1.4000 pivot on higher TFs. Price has since flattened into a tight consolidation around 1.4076 in thin Asia-hours flow, ATR cooling under 5 pips.

Support: 1.40745, 1.4066, 1.4059

Resistance: 1.40826, 1.4085

What it said to watch

  • M15 close above 1.40850 resumes the intraday uptrend
  • Loss of 1.40745 opens the 1.40660 swing low
  • Canada Retail Sales Thu 12:30 UTC could reset the read

23:46 UTC

Uptrend, momentum slowing · RSI 57 · price 1.40763

Higher highs into consolidation near session high.

USDCAD ground higher through the London-NY sessions to a session high at 1.40850, supported by a firm USD backdrop, then stalled into Asia hours. Price now coils in a tight 1.40755-1.40820 band with RSI(14) cooling off its highs — no fresh impulse in play.

Support: 1.40755, 1.4059, 1.4041

Resistance: 1.4085, 1.40717

What it said to watch

  • M15 close below 1.40755 breaks the rising sequence and exposes 1.40590
  • Break above 1.40850 session high extends the uptrend
  • Oil headlines remain the dominant CAD driver and can shift this read quickly

23:32 UTC

Uptrend, momentum slowing · RSI 57 · price 1.40775

Higher highs into consolidation below session high.

USDCAD ground higher through London-NY, topping at the 1.4085 session high before stalling near the 1.4075 area flagged as 9-day EMA resistance; the loonie stays supported by the oil rally but the pair held its bid on the soft-but-expected Canada CPI. Asia session now consolidating in a tight 1.4076-1.4085 band, RSI(14) cooling off from the highs.

Support: 1.4070, 1.4060, 1.40528

Resistance: 1.4085, 1.4082

What it said to watch

  • M15 close above 1.4085 session high opens the path toward 1.4130
  • Failure to hold 1.4070 exposes the 1.4060 swing low
  • Oil headlines the dominant CAD driver — a crude spike could pressure this range

23:31 UTC

Uptrend, momentum slowing · RSI 55 · price 1.40775

Rising highs and lows, stalling below session high.

USDCAD ground steadily higher through the window, retracing part of the loonie's oil-driven strength, and posted a session high at 1.40850 during Asian hours before easing to 1.40775. RSI(14) cooling off from the highs as the advance stalls just under 1.40850; higher lows still intact.

Support: 1.4070, 1.40182

Resistance: 1.4085, 1.40826

What it said to watch

  • Loss of the 1.40700 swing low breaks the rising-low chain
  • M15 close above 1.40850 session high extends the uptrend
  • Crude oil headlines remain the dominant CAD driver into next session

23:17 UTC

Uptrend, momentum cooling · RSI 54 · price 1.40762

HH/HL chain, consolidating below session high.

USDCAD ground higher through the window from 1.4005 to a session high at 1.40850, CAD giving back some of its oil-led bid as the dollar held firm. Price is now consolidating just below that high with RSI cooling to the mid-50s.

Support: 1.4068

Resistance: 1.4085

What it said to watch

  • M15 close above 1.40850 opens continuation higher
  • Loss of 1.40680 rising support breaks the higher-low chain
  • Canada Retail Sales Thu could shift the CAD read

23:17 UTC

Uptrend, momentum slowing · RSI 57 · price 1.40762

Higher highs, consolidating below session high.

USDCAD ground steadily higher through the window off the 1.4000 pivot to a session high at 1.4085, buoyed by a firm USD tone with the loonie's oil prop fading. Rejection at 1.4085 and a drift back to 1.4076 in Asia hours has RSI cooling from the highs; price holds above EMA20/50.

Support: 1.4066, 1.4050

Resistance: 1.4085, 1.4082

What it said to watch

  • M15 close above 1.4085 resumes the uptrend toward 1.4130
  • Failure to hold 1.4066 confirms a lower low
  • Canada Retail Sales Thu is the next domestic catalyst

23:02 UTC

Uptrend, momentum cooling · RSI 61 · price 1.4078

Higher highs / higher lows, stalling at session high.

USDCAD ground steadily higher through London-NY hours to a session high at 1.4085, USD holding firm despite soft Canada CPI as oil-driven CAD demand faded. Price is now consolidating just below the high near 1.4078 with RSI(14) cooling off; the rising-low sequence off 1.4004 is still intact.

Support: 1.4076

Resistance: 1.4085, 1.4082

What it said to watch

  • Break and hold above 1.4085 session high extends the uptrend
  • Loss of 1.4076 swing low breaks the rising-low sequence
  • Canada Retail Sales Thu 12:30 UTC could shift this read

23:02 UTC

Uptrend, momentum slowing · RSI 57 · price 1.4078

HH/HL chain, consolidating below session high.

USDCAD climbed steadily through the London-NY session off 1.4005 to a session high at 1.4085, with the loonie's oil-led bid failing to cap the pair. Price is now consolidating around 1.4078 into thin Asia hours, RSI cooling from the highs; the near-term higher-low chain remains intact.

Support: 1.4076, 1.4005

Resistance: 1.4085, 1.4082

What it said to watch

  • M15 close below 1.4076 breaks the higher-low chain
  • Break above 1.4085 session high extends the up-move
  • Canada Retail Sales Thu 12:30 UTC could shift the CAD read

22:46 UTC

Uptrend, momentum slowing · RSI 61 · price 1.40774

HH/HL chain, consolidating below session high.

USDCAD ground higher across the window off the 1.4004 low, tagging a session high at 1.40850 as the dollar held firm on the oil/geopolitics bid. Price is cooling into late NY, holding above 1.40695 with RSI(14) easing back from the mid-60s — uptrend structure intact but momentum flattening.

Support: 1.40695, 1.40528, 1.40355

Resistance: 1.4085, 1.4100

What it said to watch

  • M15 close above 1.40850 opens the path to the 1.41000 round number
  • Failure to hold 1.40695 breaks the intraday HL chain
  • Oil / US-Iran headlines remain the dominant CAD driver and could shift this read

22:46 UTC

Uptrend, momentum cooling · RSI 62 · price 1.40774

Higher highs, higher lows; stalling below session high.

USDCAD ground higher through the window from 1.4004 to a session high at 1.4085, a broad-based bid tied to firmer USD and a stalling oil-led CAD rally. Price now consolidating just under the high at 1.4077 on thin late-session volume, RSI easing off but structure of higher lows intact.

Support: 1.40697, 1.40528, 1.4040

Resistance: 1.4085, 1.4100

What it said to watch

  • Loss of 1.40697 breakout level would break the higher-low chain
  • Close above 1.40850 session high extends the run toward 1.41000
  • Canada Retail Sales Thu 12:30 UTC could shift the CAD read

22:31 UTC

Uptrend, grinding to new session highs · RSI 68 · price 1.40805

Clean HH/HL chain off intraday lows.

USDCAD ground steadily higher through the session, breaking the 1.40700 area to print fresh highs at 1.40850, with RSI(14) firm near 68 but not yet stretched. The bid tracks a supportive USD on oil/geopolitics while CAD stays capped; momentum still intact into the Asia session.

Support: 1.4070, 1.4059, 1.4045

Resistance: 1.4085

What it said to watch

  • M15 close below 1.40700 breaks the HH/HL chain
  • Loss of 1.40590 signals a deeper pullback
  • Canada Retail Sales Thu 12:30 UTC could shift this read

22:31 UTC

Uptrend, steady grind higher · RSI 67 · price 1.40805

Higher highs and higher lows.

USDCAD ground steadily higher through the session to a fresh high at 1.40850, an orderly chain of higher lows off 1.40038 with oil-driven CAD strength failing to cap the advance. RSI(14) elevated near 67 but not yet stretched; price broke and held above the 1.40697 shelf.

Support: 1.40697, 1.40409

Resistance: 1.4085, 1.40826

What it said to watch

  • Loss of 1.40697 breakout shelf would break the higher-low chain
  • Acceptance above 1.40850 session high extends the grind
  • Oil / Gulf headlines remain the dominant CAD driver overnight

22:16 UTC

Uptrend, extended into session high · RSI 71 · price 1.40837

Higher highs and higher lows, grinding up.

USDCAD ground steadily higher through the NY session, breaking above 1.4075 to a session high of 1.4085 in line with the USD-rebound / stalling oil-rally read. RSI(14) around 71 — short-term hot but consistent with the trend; the chain of higher lows remains intact.

Support: 1.4075, 1.4059, 1.4053

Resistance: 1.4085, 1.4100

What it said to watch

  • Close back below 1.4075 breaks the intraday higher-low chain
  • Acceptance above 1.4085 opens the path toward 1.4100 psych
  • Oil headlines / renewed CAD bid could pressure this rebound

22:16 UTC

Uptrend, steady grind · RSI 71 · price 1.40837

Rising higher-highs / higher-lows.

USDCAD ground higher through the NY-into-Asia window, bouncing off the 1.4000 pivot and clearing the 1.4075 zone the loonie had defended on oil strength. Price is now pressing the 1.40850 session high with RSI near 71, hot but not extreme for a trend.

Support: 1.40697, 1.4059, 1.4046

Resistance: 1.4085, 1.4100

What it said to watch

  • Close below 1.40697 breaks the rising higher-low structure
  • Break above 1.40850 opens the 1.41000 round number
  • Oil / Gulf headlines remain the dominant CAD driver and can shift this read

22:02 UTC

Uptrend, momentum extended · RSI 71 · price 1.40812

Higher highs, higher lows into session high.

USD/CAD ground higher all through NY hours, breaking the 1.4070 level and printing a session high at 1.40836 as the loonie's oil bid faded and USD held firm. RSI(14) near 71 and thin late-session volume flag the move as stretched, but the higher-low chain off 1.40194 stays intact.

Support: 1.4070, 1.40528, 1.40194

Resistance: 1.40836, 1.4100, 1.4130

What it said to watch

  • Close above 1.40836 extends the uptrend toward the 1.41000 psych level
  • Loss of 1.40700 breakout would signal the grind is stalling
  • Break back below 1.40528 swing low invalidates the higher-low chain

22:02 UTC

Uptrend, momentum extended · RSI 69 · price 1.40812

Chain of higher highs and higher lows.

USDCAD ground higher through the NY session, printing fresh session highs at 1.40836 with RSI(14) near 69 — hot but not extreme. Move stems from a firmer USD offsetting the recent oil-led CAD bid; price is now pressing the round-number 1.4100 zone after breaking above the 1.4070 shelf.

Support: 1.40697, 1.40528

Resistance: 1.40836, 1.4100

What it said to watch

  • Sustained M15 close above 1.40836 opens the path to the 1.41000 round number
  • Loss of the 1.40697 breakout level flags a stall in the higher-high chain
  • Canada Retail Sales Thu 12:30 UTC could reset this read

21:46 UTC

Uptrend, momentum firm · RSI 71 · price 1.4082

Chain of higher highs and higher lows.

USDCAD ground higher through the NY session, rallying off the 1.4004 low to a fresh session high at 1.4082 with a clean higher-high/higher-low chain intact — oil-led CAD strength earlier gave way to a USD grind. RSI(14) near 71 is hot but consistent with the trend; the 1.4100 round number is the next area to watch.

Support: 1.4065, 1.4053, 1.4004

Resistance: 1.4082, 1.4100

What it said to watch

  • M15 close below 1.4065 breaks the intraday higher-low chain
  • Approach to 1.4100 round number — area to watch for rejection or break
  • Canada Retail Sales Thu 12:30 UTC could shift this read

21:46 UTC

Uptrend, momentum extending · RSI 75 · price 1.4082

Chain of higher highs and higher lows, breaking to session high.

USDCAD ground higher through the NY session off the 1.4028 range low, printing a fresh session high at 1.4082 as USD stayed firm on the oil/Gulf bid. RSI(14) is hot near 74 but structure remains constructive; a clean chain of higher lows holds beneath price.

Support: 1.4070, 1.4055, 1.4028

Resistance: 1.4082, 1.4100, 1.4130

What it said to watch

  • Loss of 1.4070 swing low breaks the higher-low chain
  • Close above 1.4082 session high opens the path to the 1.4100 round number
  • Canada Retail Sales Thu 12:30 UTC could reprice CAD and shift this read

21:31 UTC

Uptrend, momentum strong into session high · RSI 75 · price 1.40817

Chain of higher highs and higher lows.

USDCAD ground higher through the NY session, printing a fresh session high at 1.40826 with RSI(14) near 75 — hot but consistent with the trend. The advance rode a steady higher-low structure off the 1.40036 base; oil-linked CAD demand has faded as USD stays firm.

Support: 1.4069, 1.40528, 1.4040

Resistance: 1.40826, 1.4100

What it said to watch

  • Loss of 1.40690 would break the recent higher-low chain
  • Sustained close above 1.40826 opens the path to the 1.4100 round number
  • Canada Retail Sales Thu could shift the CAD read

21:31 UTC

Uptrend, extended · RSI 71 · price 1.40817

Chain of higher highs and higher lows.

USDCAD ground higher all through NY hours and cleared 1.40717 to print a fresh session high at 1.40826, RSI(14) hot near 71. Loonie remains capped as soft June CPI cements a BoC pause; USD holding its geopolitical/energy bid keeps the intraday bid intact.

Support: 1.40717, 1.40541, 1.40409

Resistance: 1.40826

What it said to watch

  • Loss of 1.40717 prior high breaks the higher-low sequence
  • Sustained close below 1.40541 swing low turns micro-structure lower
  • RSI cooling from 71 while price stalls at 1.40826 flags momentum fade

21:16 UTC

Uptrend, pushing session highs · RSI 74 · price 1.40801

Higher highs, higher lows intact.

USDCAD ground higher through the NY session to a fresh session high at 1.40817, RSI(14) running hot near 74. USD firm on the energy/safe-haven bid despite the soft Canada CPI miss; the HH/HL chain remains clean with dips bought at each step.

Support: 1.40697, 1.40546, 1.40409

Resistance: 1.40817, 1.4100

What it said to watch

  • M15 close back below 1.40697 breaks the higher-low chain
  • Failure to clear 1.40817 sets up a rejection at the session high
  • RSI above 74 into 1.4100 is stretched short-term

21:16 UTC

Uptrend, momentum accelerating · RSI 74 · price 1.40801

Chain of higher highs and higher lows, fresh breakout.

USDCAD ground higher through the NY session, breaking the 1.4065/70 shelf and printing a fresh high at 1.4082 with RSI(14) hot near 74. The advance recovers off the 1-month low despite the soft Canada CPI, with the loonie leaning on crude while price holds above rising EMA20/50.

Support: 1.4070, 1.4059, 1.4050

Resistance: 1.4082, 1.4100

What it said to watch

  • A close back below 1.4070 turns the breakout into a false break
  • RSI holding above 70 into 1.4100 flags short-term stretch
  • Failure to hold 1.4059 breaks the higher-low chain

21:03 UTC

Uptrend, grinding into session high · RSI 64 · price 1.40697

Higher highs, higher lows intact.

USDCAD ground higher through the NY session, printing a session high at 1.40717 with RSI in the mid-60s — hot but not stretched. Buyers stepped in on each pullback along a rising base; current bar sits just under the session high with CAD's oil-driven bid capped and USD holding firm.

Support: 1.40541, 1.40504, 1.40182

Resistance: 1.40717, 1.4080

What it said to watch

  • M15 close above 1.40717 extends the uptrend toward 1.40800
  • Loss of 1.40541 breaks the rising sequence of higher lows
  • Asia session thin liquidity may stall momentum near the session high

21:03 UTC

Uptrend, steady grind · RSI 66 · price 1.40697

Chain of higher highs / higher lows.

USDCAD ground higher through the NY session in a clean HH/HL channel off the 1.40036 low, printing a fresh session high at 1.40717. RSI(14) near 66, hot but not extreme; price holds above EMA20 and EMA50 with pullbacks shallow and buyers defending each dip.

Support: 1.40528, 1.40409

Resistance: 1.40717, 1.4080

What it said to watch

  • Loss of 1.40528 breaks the higher-low chain and flips the intraday structure
  • Sustained push above 1.40717 opens the path to the 1.4080 round number

20:46 UTC

Uptrend, grinding higher · RSI 64 · price 1.40683

Chain of higher highs and higher lows.

USDCAD ground steadily higher through the NY session off the 1.40028 low, tagging a session high at 1.40717 despite the soft Canadian CPI backdrop as firmer oil-driven flows stayed muted. RSI(14) near 64 — hot but not stretched — and price is pinned just below the session high in the late-session lull.

Support: 1.40528, 1.4040

Resistance: 1.40717

What it said to watch

  • Sustained break above 1.40717 extends the higher-high sequence
  • Loss of 1.40528 swing low breaks the rising structure
  • Thin late-session/Asia liquidity can distort moves near the session high

20:46 UTC

Uptrend, grinding higher · RSI 63 · price 1.40683

Chain of higher highs and higher lows.

USDCAD ground higher through the NY session, printing a fresh session high at 1.40717 despite firm CAD on the oil rally — the USD leg dominating late in the day. Higher-low structure intact from 1.40038; RSI(14) around 63, hot but not extreme.

Support: 1.40528, 1.4040

Resistance: 1.40717, 1.40657

What it said to watch

  • Close above 1.40717 extends the session high
  • Loss of 1.40528 swing low breaks the higher-low chain

20:31 UTC

Uptrend, momentum slowing near highs · RSI 64 · price 1.40672

Higher highs and higher lows through NY.

USDCAD ground higher through the NY session, recovering from the 1.40028 low to a session high of 1.40717 as the oil-driven CAD bid eased and USD held firm. Price stalled just under the high into the close with RSI in the mid-60s; the HH/HL chain remains intact above 1.40528.

Support: 1.40528, 1.40409, 1.40194

Resistance: 1.40717

What it said to watch

  • M15 close above 1.40717 extends the uptrend
  • Loss of 1.40528 breaks the higher-low chain
  • Break of rising support near 1.40194 negates the intraday advance

20:31 UTC

Uptrend, momentum steady · RSI 62 · price 1.40672

Higher highs, higher lows.

USDCAD ground higher through the NY session, reclaiming 1.4000 and printing a fresh session high at 1.40717 despite the firm-oil CAD backdrop. RSI(14) at ~62 leaves room before it runs hot; pullbacks held above the rising 1.40528 swing low.

Support: 1.40528, 1.40409, 1.40194

Resistance: 1.40717, 1.4075

What it said to watch

  • Break and hold above 1.40717 session high opens the 1.40750 area
  • Failure to hold 1.40528 breaks the higher-low chain
  • Crude momentum remains the primary CAD driver near-term

20:16 UTC

Uptrend, grinding into session highs · RSI 67 · price 1.40695

Chain of higher highs and higher lows.

USD/CAD ground higher through the NY session, climbing off 1.40028 to press the 1.40700 round number, a fresh session high. Higher-low structure intact; RSI(14) around 67, hot but not extreme. CAD supported by the oil rally but a firm USD is keeping this grind bid.

Support: 1.40528, 1.40409, 1.4000

Resistance: 1.4070, 1.40658

What it said to watch

  • Sustained break above 1.40700 psych extends the higher-high sequence
  • Loss of 1.40528 swing low would be the first lower-low, breaking the uptrend
  • Thin late-session liquidity can exaggerate moves at the 1.40700 test

20:16 UTC

Uptrend, printing higher highs · RSI 68 · price 1.40695

HH/HL chain, price at session high.

USD/CAD ground higher through the NY session, extending a clean HH/HL chain from the 1.40028 base to a fresh session high at 1.40699, RSI(14) elevated near 68 but not extreme. Price sits right at the session high with EMA20/50 stacked below; the round 1.40750 is the next area to watch above.

Support: 1.40528, 1.40409, 1.4030

Resistance: 1.40699, 1.4075

What it said to watch

  • Break and hold above 1.40699 opens the path toward 1.40750
  • Loss of 1.40528 swing low breaks the intraday HH/HL chain
  • Crude oil headlines remain CAD's primary driver and could shift this read intrabar

20:02 UTC

Uptrend, momentum flattening · RSI 62 · price 1.40631

Higher highs into consolidation below session high.

USDCAD ground higher through the NY session from the 1.4003 base to a session high at 1.40658, the oil-driven CAD bid the digest flagged not showing here. Price is now consolidating in a tight 1.4053–1.4066 band late in the session with RSI(14) cooling off from the highs.

Support: 1.40528, 1.40409, 1.40194

Resistance: 1.40658, 1.4070

What it said to watch

  • M15 close above 1.40658 opens the path to the 1.4070 round number
  • Loss of 1.40528 swing low would break the higher-low chain
  • Thin late-NY liquidity may exaggerate moves either way

20:02 UTC

Uptrend, momentum cooling near highs · RSI 59 · price 1.40631

Higher highs, consolidating below session high.

USDCAD ground higher through the NY session off 1.4005, tagging a session high at 1.40658 before stalling. Price now coils in the upper end of the range with RSI(14) cooling from the mid-60s; buyers defended 1.40528 on the last pullback.

Support: 1.40528, 1.4040, 1.40194

Resistance: 1.40658, 1.4070

What it said to watch

  • M15 close above 1.40658 opens the path to the 1.40700 round number
  • Failure to hold 1.40528 confirms a lower-low and breaks the intraday rising support
  • Crude/US-Iran headlines remain the marginal CAD driver into next session

19:46 UTC

Uptrend, momentum flattening · RSI 58 · price 1.40645

Higher lows into 1.4065 cap.

USDCAD ground higher through the NY session from 1.4003 to test 1.4066, where price has stalled repeatedly — session high capping. RSI(14) mid-range near 58 with momentum flattening as bars coil below the level; oil remains the primary CAD driver in the background.

Support: 1.4050, 1.4040, 1.4020

Resistance: 1.4066

What it said to watch

  • M15 close above 1.4066 opens continuation higher
  • Loss of 1.4050 pullback low breaks the rising-low sequence
  • Crude momentum is CAD's marginal driver — a sharp reversal shifts this read

19:46 UTC

Uptrend, momentum slowing near highs · RSI 61 · price 1.40645

HH/HL chain, consolidating below session high.

USDCAD climbed steadily through the NY session off the 1.4003 base, printing a clean HH/HL chain up to a session high at 1.40657. Price is now consolidating in a tight 1.4053-1.4065 band with RSI(14) mid-60s, momentum easing as it holds just under the high.

Support: 1.40528, 1.4041, 1.4029

Resistance: 1.40657, 1.40632

What it said to watch

  • M15 close above 1.40657 extends the session high and reopens upside
  • Failure to hold 1.40528 swing low would break the rising support and stall the HH/HL chain
  • Canada Retail Sales Thu 12:30 UTC is the next domestic catalyst

19:31 UTC

Uptrend, momentum slowing · RSI 59 · price 1.40603

Higher highs, consolidating below session high.

NY session drove a steady climb off 1.4003 to a session high at 1.40657, and price is now consolidating in the 1.4055-1.4060 band with RSI(14) cooling from the rally. The move ran against the CAD-firm oil narrative but USD held its intraday bid; buyers stepped in around 1.40528 on the last pullback.

Support: 1.40528, 1.40504

Resistance: 1.40657, 1.40641

What it said to watch

  • M15 close above 1.40657 resumes the uptrend toward fresh session highs
  • Failure to hold 1.40528 confirms a lower-low and breaks the rising structure

19:31 UTC

Uptrend, momentum cooling near highs · RSI 57 · price 1.40603

Consolidating below session high after HH/HL run.

NY session drove USDCAD off the 1.40028 low up to a session high of 1.40657, with USD holding firm despite soft Canadian June CPI. Price is now consolidating in the 1.40528–1.40620 band just under the high, RSI(14) cooling from the push.

Support: 1.40528, 1.4046, 1.4041

Resistance: 1.40657

What it said to watch

  • M15 close above 1.40657 opens continuation of the intraday uptrend
  • Loss of 1.40528 confirms a lower-low and breaks the HH/HL chain
  • Volume thinning into late NY hours; range likely to tighten

19:16 UTC

Uptrend, momentum cooling · RSI 58 · price 1.4061

Higher highs into consolidation below session high.

USDCAD ground higher through the NY session off the 1.4003 low to a 1.4066 session high, supported as oil eased off its rally. Price is now consolidating just under that high with RSI(14) cooling from stretched, holding above EMA20/50.

Support: 1.4053, 1.4040, 1.4000

Resistance: 1.4066, 1.4075

What it said to watch

  • Break above 1.4066 session high opens the path toward 1.4075
  • Loss of 1.4053 swing low breaks the intraday higher-low chain
  • Sustained hold below 1.4000 psych would revive the broader bearish read

19:16 UTC

Uptrend, consolidating near highs · RSI 57 · price 1.4061

Higher highs and higher lows off 1.4003.

USD/CAD ground higher through the NY session from 1.4003 to a session high at 1.4066, tracking a firmer USD and an oil pullback. Price is now consolidating just under that high near 1.4058-1.4061 with RSI(14) mid-range, momentum cooling into the late session.

Support: 1.40528, 1.40409, 1.4000

Resistance: 1.40657

What it said to watch

  • M15 close above 1.40657 extends the session high and opens continuation
  • Loss of 1.40528 swing low breaks the rising-low chain

19:02 UTC

Uptrend, momentum slowing · RSI 56 · price 1.40576

Higher highs into session top, now consolidating.

USDCAD rallied through NY hours from 1.4003 to a session high at 1.40657 as the oil bid faded intraday, and is now consolidating 1.4053–1.4060 with RSI(14) cooling to mid-50s. Price holds above EMA20 and EMA50; the swing low at 1.40528 has capped the pullback so far.

Support: 1.40528, 1.4044, 1.40194

Resistance: 1.40657, 1.4060

What it said to watch

  • Close above 1.40657 extends the session high sequence
  • Loss of 1.40528 swing low opens the path to 1.40440
  • 1.4000 psychological pivot remains the broader downside test if the rally reverses

19:02 UTC

Uptrend, momentum cooling · RSI 55 · price 1.40576

HH/HL chain, now consolidating below session high.

NY session drove a clean rally off 1.4003 to a 1.40657 session high, USD firm on the energy-premium bid. Price now consolidating 1.4053–1.4060 with RSI(14) cooling to mid-50s; higher-low structure intact above 1.40528.

Support: 1.40528, 1.40409, 1.4000

Resistance: 1.40657

What it said to watch

  • M15 close above 1.40657 extends the uptrend
  • Loss of 1.40528 breaks the higher-low chain and opens the pullback toward 1.40409

18:46 UTC

Uptrend, momentum slowing · RSI 55 · price 1.40599

Consolidating below session high.

NY session drove USDCAD off the 1.40028 base up to a 1.40657 session high on the oil-led CAD move fading, then price stalled. Now consolidating 1.40528-1.40600 just under the high, RSI cooling from the impulse peak.

Support: 1.40528, 1.40409

Resistance: 1.40657

What it said to watch

  • Close above 1.40657 session high extends the intraday leg
  • Failure to hold 1.40528 swing low opens 1.40409 session low

18:46 UTC

Uptrend, momentum cooling · RSI 55 · price 1.40599

Higher highs into session high, now consolidating below it.

USDCAD ground higher through the NY session from the 1.4003 base to a session high at 1.40657, with the oil-led CAD bid keeping upside contained. Price is now consolidating in the 1.40528–1.40600 zone just under that high, RSI(14) easing back toward mid-range after the push.

Support: 1.40528, 1.40409, 1.40194

Resistance: 1.40657

What it said to watch

  • A close above 1.40657 extends the intraday uptrend
  • Failure to hold 1.40528 opens a retest of 1.40409
  • Crude/US-Iran headlines remain the primary near-term CAD driver

18:32 UTC

Uptrend, momentum slowing · RSI 56 · price 1.40569

Higher highs, consolidating below session high.

USDCAD rallied through the NY session off the 1.4000 handle, tagging a session high at 1.4066 before stalling. Price is now consolidating 1.4050–1.4060 with RSI(14) cooling from the highs; the CAD's oil-linked bid was absent this session as the pair pushed higher.

Support: 1.4050, 1.4028, 1.4000

Resistance: 1.4066, 1.4075

What it said to watch

  • M15 close above 1.4066 opens the path to 1.4075
  • Failure to hold 1.4050 breaks the rising support and confirms a lower-low
  • Crude/US-Iran headlines remain the primary CAD driver near-term

18:31 UTC

Uptrend, momentum cooling · RSI 56 · price 1.40569

Higher highs and higher lows, consolidating below session high.

NY session lifted USDCAD off the 1.40028 base, reclaiming the 1.4000 handle and running to a session high at 1.40657 as the oil-led CAD bid faded and USD held firm. Price is now consolidating around 1.4055-1.4060 with RSI(14) cooling to the mid-50s; the higher-low chain off 1.40528 remains intact.

Support: 1.40528, 1.40409, 1.40028

Resistance: 1.40657, 1.40632

What it said to watch

  • M15 close below 1.40528 breaks the higher-low chain
  • Reclaim of 1.40657 session high opens the path to continuation
  • Crude/Gulf headlines remain CAD's primary near-term driver

18:17 UTC

Uptrend, momentum cooling · RSI 54 · price 1.40539

Higher highs into NY, consolidating below session high.

NY session drove USDCAD from 1.4003 up to a session high at 1.40657 as a firm dollar on the Gulf risk premium overrode soft Canadian CPI. Price is now consolidating around 1.4054 just below the high, RSI(14) cooling to the mid-50s with the rising low structure still intact.

Support: 1.40504, 1.40402, 1.40286

Resistance: 1.40657, 1.4052

What it said to watch

  • Break above 1.40657 opens continuation of the intraday uptrend
  • Close below 1.40504 swing low breaks the rising structure
  • Failure to hold 1.40402 exposes the base low at 1.40286

18:16 UTC

Uptrend, momentum cooling · RSI 53 · price 1.40539

Consolidating below session high after rally.

USDCAD ran up through the NY session to a session high of 1.40657 on the firmer dollar tone, then rejected and pulled back to 1.40528. Price is now consolidating in a tight 1.4053-1.4060 band with RSI(14) cooling toward neutral.

Support: 1.40528, 1.4044, 1.40194

Resistance: 1.4060, 1.40657

What it said to watch

  • Close back above 1.40600 reopens the session high at 1.40657
  • Loss of 1.40528 swing low signals deeper pullback toward 1.40440
  • Oil/Gulf headlines remain CAD's primary driver and can shift this read quickly

18:02 UTC

Uptrend, momentum cooling · RSI 55 · price 1.4056

Consolidating below session high after NY rally.

NY session drove USDCAD up from the 1.4000 area to a session high of 1.4066, RSI(14) cooling from hot levels as the push stalled. Price is now consolidating just above 1.4050, holding the upper end of the day's range.

Support: 1.4050, 1.4041, 1.4000

Resistance: 1.4066

What it said to watch

  • M15 close below 1.4050 breaks the consolidation and reopens 1.4041
  • Break and hold above 1.4066 opens continuation of the NY leg
  • Canada Retail Sales Thu 12:30 UTC could shift this read

18:02 UTC

Uptrend, momentum cooling · RSI 54 · price 1.4056

Higher highs into session high, pulling back.

NY session drove USDCAD up from the 1.4003 range low to a session high of 1.40657, CAD softness aided by the soft-CPI-led muted Loonie reaction. Price has since pulled back to 1.4056 with RSI(14) cooling from the highs; the session high capped the last push.

Support: 1.40528, 1.4045, 1.40028

Resistance: 1.40657

What it said to watch

  • Close above 1.40657 extends the intraday uptrend
  • Loss of 1.40528 swing low signals a lower-low forming
  • Crude/Gulf headlines remain the primary CAD driver into next session

17:46 UTC

Uptrend, momentum cooling · RSI 58 · price 1.4059

Higher highs and higher lows into session high.

USDCAD trended higher through the NY session, printing HHs to 1.4066 before easing to consolidate near 1.4059, with USD underpinned by the Gulf risk premium. RSI(14) has cooled off the highs and buyers defended the 1.4050 pullback, keeping the rising structure intact.

Support: 1.4050, 1.4043, 1.4000

Resistance: 1.4066

What it said to watch

  • M15 close below 1.4050 breaks the higher-low chain
  • Break and hold above 1.4066 session high resumes the uptrend
  • Fed blackout — no US/CAD data in next 8h to shift this read

17:46 UTC

Uptrend, momentum slowing · RSI 58 · price 1.4059

Higher highs into consolidation below session high.

NY session drove USDCAD up to a session high at 1.4066 before easing into a tight consolidation around 1.4059. Pullbacks held above 1.4050 and RSI(14) has cooled from the highs, momentum flattening after the run off the 1.4028 base.

Support: 1.4050, 1.4044, 1.4028

Resistance: 1.4066, 1.4052

What it said to watch

  • M15 close above 1.4066 extends the intraday leg
  • Loss of 1.4050 opens the 1.4044 prior low
  • Canada Retail Sales Thu 12:30 UTC could reshape the read

17:31 UTC

Uptrend, momentum cooling · RSI 61 · price 1.40582

HH/HL chain, consolidating near session high.

NY session drove USDCAD off the 1.4003 base up to a 1.40657 session high, USD underpinned by the Gulf risk premium noted in the macro read. Price is now consolidating in the upper 1.4050s with RSI cooling from overbought; the 1.40657 high is the immediate cap to watch for rejection or break.

Support: 1.40528, 1.40194, 1.4000

Resistance: 1.40657, 1.4075

What it said to watch

  • M15 close above 1.40657 opens the path toward the 1.4075 9-day ema zone
  • Loss of the 1.40528 swing low breaks the intraday HL chain
  • Fresh oil/Gulf headlines could shift the USD tone this session

17:31 UTC

Intraday uptrend, momentum cooling · RSI 58 · price 1.40582

Higher highs into session top, consolidating below.

NY session drove USDCAD off the 1.4003 base up to a session high of 1.40657, supported by the firm-dollar/oil backdrop. Price is now consolidating near 1.4058 with RSI easing back from the highs; the swing low at 1.40528 has held on the pullback.

Support: 1.40528, 1.40409

Resistance: 1.40657

What it said to watch

  • Close back below 1.40528 breaks the higher-low chain and reopens 1.40409
  • Sustained break of 1.40657 session high extends the intraday uptrend
  • Canada Retail Sales Thu could shift this read

17:16 UTC

Uptrend, momentum cooling · RSI 54 · price 1.4058

Higher highs and higher lows off 1.4003.

NY session lifted USD/CAD off the 1.4000 handle to a session high at 1.4066 as the dollar held its energy-driven bid; RSI(14) has cooled to the mid-50s after the push. Price is pulling back but holding above the 1.4053 swing low into late NY.

Support: 1.4053, 1.4040, 1.4000

Resistance: 1.4066, 1.4075

What it said to watch

  • M15 close above 1.4066 opens the path toward 1.4075
  • Failure to hold 1.4053 exposes the 1.4040 swing low
  • Oil/Gulf headlines remain the primary driver for CAD

17:16 UTC

Uptrend, pulling back off session high · RSI 54 · price 1.4058

Chain of higher highs/higher lows, minor pullback.

NY session drove a clean rally off the 1.4018 low into a 1.40657 session high, USD/CAD reclaiming the 1.4060 area. Price is now easing back toward 1.4053, RSI(14) cooling from the mid-60s while price holds above both EMAs.

Support: 1.40528, 1.4040, 1.40182

Resistance: 1.40657, 1.4060

What it said to watch

  • Loss of the 1.40528 swing low would break the higher-low chain
  • A close above 1.40657 session high extends the uptrend
  • Crude/US-Iran headlines could shift CAD tone quickly

17:03 UTC

Uptrend, momentum slowing near highs · RSI 57 · price 1.40559

HH/HL chain into NY, consolidating below session high.

NY session drove USDCAD off the 1.4020 base up to a session high at 1.40657 before stalling, RSI(14) cooling into the mid-50s. Price now consolidating around 1.4056, holding the rising sequence of higher lows off 1.40194.

Support: 1.40528, 1.4039, 1.40194

Resistance: 1.40657, 1.40573

What it said to watch

  • M15 close below 1.40528 breaks the NY higher-low chain
  • Reclaim of 1.40657 opens continuation higher
  • US S&P Global PMIs Fri 13:45 UTC are the week's key USD catalyst

17:02 UTC

Uptrend, momentum cooling · RSI 58 · price 1.40559

Higher highs into NY, consolidating below session high.

USDCAD ground higher through the NY session, breaking out of the 1.4003 base to tag a session high at 1.40657 before easing back to 1.4056. RSI(14) cooling from the rally peak; buyers held the 1.40504 swing low on the pullback, keeping the up-leg intact.

Support: 1.40504, 1.4040

Resistance: 1.40657

What it said to watch

  • Break and hold above 1.40657 extends the session high sequence
  • Loss of 1.40504 swing low opens a deeper pullback toward the 1.40400 round number

16:46 UTC

Intraday uptrend, momentum easing · RSI 58 · price 1.4059

Higher highs, higher lows off 1.4004.

NY session drove USDCAD up from 1.4004 to a session high at 1.40657, RSI cooling from stretched levels as price consolidates near 1.4059. Pullback held above the 1.40528 swing low and buyers stepped back in, keeping the higher-low chain intact.

Support: 1.40528, 1.4044, 1.4000

Resistance: 1.40657, 1.4070

What it said to watch

  • M15 close below 1.40528 breaks the higher-low chain
  • Break above 1.40657 session high extends the up-leg toward 1.4070
  • Oil / US-Iran headlines remain the marginal driver into next bars

16:46 UTC

Uptrend, momentum firm · RSI 63 · price 1.4059

HH/HL chain off session lows.

USDCAD ground higher through the NY session, breaking the mid-1.4040s and posting a session high at 1.40657 as the oil-led CAD bid faded intraday. Minor pullback to 1.40528 was bought and price sits just under the high; RSI(14) firm near 63, no extreme.

Support: 1.40528, 1.40028, 1.4000

Resistance: 1.40657, 1.4075

What it said to watch

  • M15 close above 1.40657 extends the up-leg toward 1.4075
  • Loss of 1.40528 breaks the HL chain and reopens 1.4000 psych
  • Oil/Gulf headlines remain the marginal driver for CAD

16:31 UTC

Uptrend, momentum cooling · RSI 59 · price 1.4054

Higher highs, pullback off session high.

NY session drove a clean climb from 1.4003 to a session high at 1.4066, RSI cooling from hot as price pulled back to 1.4054. Uptrend intact while the 1.4050 pullback low holds; oil-driven CAD bid remains the counterweight to this USD leg.

Support: 1.4050, 1.4028, 1.4000

Resistance: 1.4066

What it said to watch

  • M15 close back below 1.4028 swing low breaks the higher-high sequence
  • Reclaim and hold above 1.4066 session high extends the leg
  • Crude oil momentum shift could reverse this USD/CAD read

16:31 UTC

Uptrend, momentum cooling · RSI 62 · price 1.4054

Higher highs and higher lows off 1.4003.

USDCAD climbed steadily through the NY session from 1.4003 to a session high at 1.4066, then eased back to 1.4054 as momentum cooled and RSI(14) backed off the highs. Higher-low structure intact; the pullback low at 1.4053 held so far.

Support: 1.4053, 1.4043, 1.4003

Resistance: 1.4066, 1.4052

What it said to watch

  • Break above 1.4066 extends the uptrend leg
  • Loss of 1.4043 breaks the higher-low chain and questions the uptrend

16:16 UTC

Uptrend, momentum cooling · RSI 57 · price 1.40523

Higher highs, pulling back from session high.

USD/CAD ground higher through the NY session off the 1.4000 handle, tagging a session high at 1.40657 before easing back to 1.40523. RSI(14) cooling from the highs but holding above 50; the 1.4040 area is the first pullback support with the round 1.4000 below.

Support: 1.4040, 1.40182, 1.4000

Resistance: 1.40657, 1.40573

What it said to watch

  • Loss of 1.40400 opens a retest of the 1.40182 ny low
  • Reclaim of 1.40657 session high resumes the intraday uptrend
  • Oil / US-Iran headlines remain the primary CAD driver into next session

16:16 UTC

Uptrend, momentum cooling · RSI 57 · price 1.40523

Higher highs into NY, pulling back from session high.

USDCAD ground higher through the NY session off 1.4003, printing a session high at 1.40657 as firmer USD and easing oil offset the soft Canada CPI. Last two bars rejected the high and slipped to 1.40523, RSI(14) cooling from overbought back near 57.

Support: 1.4039, 1.40194, 1.4000

Resistance: 1.40657, 1.4075

What it said to watch

  • M15 close below 1.40390 breaks the rising support off the session lows
  • Reclaim of 1.40657 reopens the path toward 1.4075
  • Fresh oil / US-Iran headlines could shift this read intraday

16:02 UTC

Uptrend, momentum firm · RSI 67 · price 1.40596

Chain of higher highs and higher lows off 1.4000.

USDCAD ground higher through the NY session, rallying ~60 pips off the 1.4004 low to a session high at 1.40657 as the Loonie gave back ground into a firmer USD (Michigan sentiment beat). Structure is a clean higher-high/higher-low chain; last bar stalling just under the session high with RSI(14) around 67, not yet stretched.

Support: 1.40567, 1.40438, 1.4000

Resistance: 1.40657, 1.4070

What it said to watch

  • Loss of 1.40438 pullback low breaks the higher-low chain
  • Close above 1.40657 opens the path toward 1.4070
  • Oil momentum and US-Iran headlines remain CAD's primary driver

16:02 UTC

Uptrend, momentum firm · RSI 70 · price 1.40596

Higher highs, higher lows through NY.

NY session drove a steady climb off 1.4003 up to a session high at 1.40657, USD firm against a stalling CAD despite the soft Canadian CPI backdrop. RSI(14) near 70 but not extended; price pausing just under the high with the rising sequence of higher lows intact.

Support: 1.40438, 1.40194, 1.4000

Resistance: 1.40657

What it said to watch

  • Close above 1.40657 extends the NY leg higher
  • Loss of 1.40438 breaks the rising-support and the higher-low chain
  • Fri S&P Global PMIs could shift the USD read after NY close

15:46 UTC

Uptrend, momentum extended · RSI 74 · price 1.40651

Chain of higher highs and higher lows into session highs.

USDCAD ground higher through the NY session, breaking above 1.40520 and printing a fresh session high at 1.40654 with RSI(14) hot near 74. The advance stems from an oil pullback easing the CAD bid; each dip since 1.40194 has been bought, keeping the rising sequence intact.

Support: 1.40476, 1.40409, 1.40194

Resistance: 1.40654

What it said to watch

  • M15 close back below 1.40409 breaks the higher-low sequence
  • RSI above 74 into 1.40654 leaves the move stretched; a failure to hold session highs opens a pullback toward 1.40476
  • Canada Retail Sales Thu could shift the CAD read

15:46 UTC

Uptrend, momentum strong · RSI 74 · price 1.40651

Chain of higher highs / higher lows off 1.4003.

USDCAD ground higher through the NY session, breaking the intraday range top and printing fresh session highs at 1.4065 as the dollar firmed against a CAD held up by oil. RSI(14) near 74 — short-term hot but consistent with the trend; price riding above EMA20/50 with no rejection yet at the session high.

Support: 1.40538, 1.40409, 1.4000

Resistance: 1.40654

What it said to watch

  • Break and hold above 1.40654 extends the uptrend leg
  • Loss of 1.40538 breaks the higher-low chain and stalls momentum
  • Reclaim of 1.4000 would reset the intraday structure lower

15:31 UTC

Uptrend, momentum strong · RSI 70 · price 1.40589

Higher highs, higher lows after range break.

NY session drove USDCAD off the 1.4003 base up through 1.4064, breaking the morning consolidation as oil-led CAD strength stalled. RSI(14) running hot near 70 into the session high; buyers stepped in repeatedly on dips through the London-NY transition.

Support: 1.40409, 1.4030, 1.40194

Resistance: 1.40641

What it said to watch

  • Pullback holding the 1.40409 swing low keeps the higher-low chain intact; a break below invalidates it
  • M15 close above 1.40641 session high extends the breakout

15:31 UTC

Uptrend, momentum firm · RSI 71 · price 1.40589

Higher highs and higher lows off session low.

USDCAD ground higher through the NY session, breaking the 1.4030 shelf and stretching to a session high at 1.4064 as the dollar firmed off soft-CPI lows and oil momentum stalled. Price consolidating just below the high at 1.4059 with RSI(14) near 70 — hot but not extreme.

Support: 1.40409, 1.40286, 1.4000

Resistance: 1.40641

What it said to watch

  • Break and hold above 1.40641 extends the session high sequence
  • Loss of 1.40409 swing low breaks the higher-low chain
  • Canada Retail Sales Thu could shift the CAD read

15:16 UTC

Uptrend, momentum strong · RSI 74 · price 1.40616

Chain of higher highs and higher lows off 1.4003.

NY session ran a steady rally from the 1.4003 session low into a fresh high at 1.40632, price sits just below it with RSI(14) hot near 73. The advance broke clear of the 1.40250 consolidation shelf and higher lows are holding; move is USD-led despite firm oil in the CAD backdrop.

Support: 1.4039, 1.40182

Resistance: 1.40632, 1.4075

What it said to watch

  • M15 close above 1.40632 extends the higher-high sequence toward 1.4075
  • Loss of 1.40390 breaks the rising higher-low chain
  • RSI above 73 leaves room for a corrective pullback into the trendline

15:16 UTC

Uptrend, momentum strong · RSI 75 · price 1.40616

Chain of higher highs into NY session.

USDCAD ground higher through the NY session, breaking out of the 1.4000–1.4025 morning range and printing a session high at 1.40632, with the leg driven by softer crude taking the bid off CAD. RSI(14) near 74 is hot but consistent with the trend; pullback low at 1.40438 held on the last dip.

Support: 1.40438, 1.40195, 1.40028

Resistance: 1.40632, 1.4075

What it said to watch

  • Close back below 1.40438 breaks the rising sequence of higher lows
  • Break and hold above 1.40632 opens the 1.40750 psych level
  • Crude reversal is CAD's primary driver and would pressure this rally

15:02 UTC

Uptrend, momentum strong · RSI 71 · price 1.40565

Higher highs, higher lows into session high.

NY session drove USDCAD off the 1.4003 base up to a session high at 1.40582, a soft-CPI-led CAD miss letting the pair grind higher through 1.4050. RSI(14) near 70 is hot but not extreme; the higher-low chain from 1.40194 remains intact.

Support: 1.40409, 1.40295, 1.4000

Resistance: 1.40582

What it said to watch

  • Close back below 1.40409 breaks the higher-low chain and stalls the breakout
  • Session high 1.40582 — area to watch for rejection or extension

15:02 UTC

Uptrend, momentum strong · RSI 70 · price 1.40565

Higher highs, higher lows into session high.

NY session drove a clean impulse higher, breaking the 1.4030 and 1.4050 shelves to print a session high at 1.40582 with RSI(14) hot near 70. Rally has USD firming intraday against a Loonie that had been oil-supported; each pullback (last at 1.40409) held above the prior.

Support: 1.40409, 1.40194, 1.40028

Resistance: 1.40582

What it said to watch

  • M15 close back below 1.40409 breaks the higher-low sequence
  • Loss of 1.40194 pullback low negates the intraday uptrend
  • Oil/US-Iran headlines remain the swing factor for CAD

14:46 UTC

Uptrend, momentum extended · RSI 66 · price 1.40484

Higher highs off 1.4000 pivot.

USD/CAD lifted off the 1.4000 pivot through NY hours after soft Canada CPI cemented a BoC hold, breaking the 1.4020-1.4030 consolidation and tagging a 1.40517 session high. Price is now digesting gains around 1.4048 with RSI(14) cooling from overbought; the breakout base at 1.40196 held.

Support: 1.4039, 1.40196, 1.4000

Resistance: 1.40517

What it said to watch

  • M15 close below 1.40390 swing low breaks the ascending support
  • Loss of 1.40196 breakout base reopens the 1.4000 psych pivot
  • Canada Retail Sales Thu 12:30 UTC could shift this read

14:46 UTC

Uptrend, extended into highs · RSI 63 · price 1.40484

HH/HL chain, consolidating below session high.

USDCAD ran up through NY hours to a session high at 1.40520, USD firm and CAD capped after soft June CPI reinforced a BoC pause. Price now consolidating near 1.40480 just below the high, RSI(14) cooling from the mid-60s.

Support: 1.4039, 1.40196, 1.4000

Resistance: 1.4052

What it said to watch

  • Loss of rising support at 1.40390 breaks the intraday HL chain
  • Close above 1.40520 extends the session high
  • Canada Retail Sales Thu 12:30 UTC could reshape the CAD read

14:31 UTC

Uptrend, momentum slowing · RSI 61 · price 1.40419

Higher highs into NY, now consolidating below session high.

NY session drove USDCAD off the 1.4000 pivot up to 1.40517 as soft Canada CPI reinforced the BoC-pause read and capped the Loonie. Price now consolidating 1.4039–1.4048 just below the session high, RSI cooling from the push.

Support: 1.4039, 1.40286, 1.40182

Resistance: 1.40517, 1.40465

What it said to watch

  • Sustained M15 close above 1.40517 extends the NY leg higher
  • Loss of 1.40390 swing low would break the intraday higher-low chain
  • Canada Retail Sales Thu 12:30 UTC is the next scheduled CAD catalyst

14:31 UTC

Intraday uptrend, momentum slowing · RSI 62 · price 1.40419

HH/HL chain into consolidation near session high.

USD/CAD ran from 1.4020 to a session high of 1.40520 through NY hours after soft Canada June CPI reinforced a BoC pause. Price is now consolidating around 1.4042, RSI cooling off from the impulse peak with the 1.40390 swing low holding so far.

Support: 1.4039, 1.40286, 1.40194

Resistance: 1.4052, 1.40465

What it said to watch

  • M15 close above 1.40520 reopens the extension leg
  • Loss of 1.40390 turns the read to a lower-low toward 1.40286
  • Canada Retail Sales Thu could shift this read

14:17 UTC

Uptrend, momentum cooling · RSI 61 · price 1.40406

Higher highs off 1.4000 pivot.

NY session drove USDCAD off the 1.4000 pivot to a session high of 1.40517 after soft Canada CPI cemented a BoC pause. Price is now consolidating near 1.4040 with RSI(14) cooling from the highs; the breakout above 1.4030 still holds.

Support: 1.4030, 1.40196, 1.4000

Resistance: 1.40517, 1.4048

What it said to watch

  • M15 close back below 1.40300 negates the breakout and reopens 1.40196
  • Close above 1.40517 extends the session high toward 1.4075
  • Loss of 1.40000 psych level would flip the intraday structure

14:16 UTC

Uptrend, momentum slowing · RSI 62 · price 1.40406

NY breakout, pulling back into consolidation.

NY session drove a clean breakout above 1.40369 to a session high of 1.40517 on the oil-fed CAD move fading, price now consolidating just under the 1.40400 round number. RSI(14) has cooled off its high toward 62; the breakout base at 1.40369 is being retested from above.

Support: 1.40369, 1.40286, 1.40028

Resistance: 1.40517, 1.4040

What it said to watch

  • M15 close back below 1.40286 negates the breakout read
  • Sustained trade above 1.40517 extends the session high
  • Canada Retail Sales Thu 12:30 UTC is the next scheduled CAD catalyst

14:02 UTC

Uptrend, momentum cooling near highs · RSI 61 · price 1.4042

HH/HL chain, consolidating below session high.

USD/CAD rallied through the NY session from 1.4003 to a session high at 1.4052 as the Greenback found a bid, and is now consolidating in a 1.4040-1.4048 band just below that high. RSI(14) is cooling from the rally peak but holding above midline; structure remains a clean HH/HL chain.

Support: 1.4040, 1.4020, 1.4000

Resistance: 1.4052, 1.4048

What it said to watch

  • M15 close above 1.4052 extends the session rally
  • Failure to hold 1.4040 opens the 1.4020 swing low

14:02 UTC

Uptrend, NY session bid · RSI 65 · price 1.4042

Higher highs, higher lows.

USDCAD staged a recovery bounce through the NY session, breaking the 1.4030 consolidation and pushing to a session high at 1.4052 before easing to 1.4042. RSI(14) near 65, still short of overbought; move runs against the broader oil-driven CAD bid noted this week.

Support: 1.4030, 1.4000, 1.3970

Resistance: 1.4052, 1.4075

What it said to watch

  • Break above 1.4052 session high opens the 1.4075 rebound cap
  • Close back below 1.4030 negates the NY breakout

13:47 UTC

Uptrend, recent momentum spike · RSI 68 · price 1.40475

Higher highs off 1.4000, breakout intact.

USDCAD bounced off the 1.4000 psych level and rallied through the NY session to a session high at 1.40520, RSI(14) elevated near 68 after the run. Buyers stepped in around 1.40400 on the last pullback, reversing the earlier drift back toward 1.4000.

Support: 1.4040, 1.40196, 1.4000

Resistance: 1.4052, 1.4075

What it said to watch

  • M15 close above 1.40520 opens the path toward the 1.4075 9-day ema area
  • Loss of the 1.40400 swing low signals the intraday rally fading
  • Crude / US-Iran supply headlines remain the primary CAD driver and could shift this read

13:47 UTC

Uptrend, momentum extended · RSI 71 · price 1.40475

Series of higher highs, breakout in progress.

USDCAD rallied ~50 pips through the London-NY transition, breaking the 1.4020-1.4030 consolidation and printing a session high at 1.40520, cutting against the oil-driven CAD bid as the dollar firmed into NY. RSI(14) is hot near 71 and price is holding just under the session high.

Support: 1.4035, 1.4020, 1.4000

Resistance: 1.4052

What it said to watch

  • M15 close above 1.40520 extends the breakout
  • Loss of 1.40350 negates the breakout and reopens the prior range
  • Canada Retail Sales Thu could shift the CAD side of the pair

13:32 UTC

Uptrend, momentum extended · RSI 66 · price 1.40432

Higher highs after breakout from 1.4030 base.

NY session pushed USDCAD out of the 1.4000–1.4030 consolidation, printing a run of higher highs into a session high at 1.40520 before easing to 1.40432. RSI(14) near 66 — hot but not extreme; the breakout base at 1.40300 has yet to be retested.

Support: 1.4030, 1.40196, 1.4000

Resistance: 1.4052, 1.40465

What it said to watch

  • Hold above the 1.40300 breakout base keeps the higher-high sequence intact
  • M15 close back below 1.40196 swing low negates the breakout read
  • Reclaim of 1.40520 session high extends the intraday leg
  • Fresh oil / US-Iran supply headlines are the primary CAD driver and could shift this quickly

13:31 UTC

Uptrend, momentum extended · RSI 68 · price 1.40432

Higher highs, higher lows off 1.40028.

NY session drove USD/CAD off the 1.40028 low, breaking through 1.40300 and printing a session high at 1.40520 as the dollar firmed against a CAD that had been bid on oil. RSI(14) near 68 after the run; price now consolidating at 1.40432 just under the high.

Support: 1.4030, 1.40196, 1.40028

Resistance: 1.4052, 1.40366

What it said to watch

  • Hold above 1.40300 keeps the breakout intact; a close back below reopens 1.40196
  • Break of 1.40520 session high extends the leg
  • Failure at 1.40196 flags a lower low

13:16 UTC

Uptrend, momentum hot · RSI 67 · price 1.40411

Rising HH/HL, rejection at session high.

USDCAD rebounded off the 1.40040 session low through NY hours, breaking out above 1.40290 and tagging 1.40520 before stalling — a corrective bounce off one-month lows toward the 1.40750 area flagged by the digest. RSI(14) near 67 is hot but not extreme; the last two pushes into 1.40520 were rejected, pulling back to 1.40411.

Support: 1.4029, 1.4004, 1.4000

Resistance: 1.4052, 1.4075

What it said to watch

  • Repeated failure at 1.40520 keeps the session high capping
  • M15 close above 1.40520 opens the path to 1.40750
  • Close back below 1.40290 breakout would neutralise the rally
  • Oil / US-Iran headlines remain the primary CAD driver

13:16 UTC

Uptrend, momentum hot · RSI 71 · price 1.40411

Breakout from 1.400 base, higher highs.

NY session drove a sharp USD/CAD rebound off the 1.400 psych level, breaking above 1.4035 to a session high at 1.4052 as the dollar firmed against the earlier CAD bid from soft June CPI. RSI(14) near 71 and stretched off the lows; price is consolidating just under the session high after the run.

Support: 1.40196, 1.4000

Resistance: 1.4052, 1.4075

What it said to watch

  • Close above 1.4052 session high opens the path to 1.4075 9d ema
  • Failure to hold 1.40196 swing low signals the breakout is fading back toward 1.400 psych

13:03 UTC

Sharp intraday rally, momentum hot · RSI 74 · price 1.40445

Chain of higher highs post-CPI breakout.

USDCAD spiked from the 1.4020 area to a 1.40517 session high after the soft Canada CPI print at 12:30 GMT flagged a dovish BoC read, unwinding CAD strength. RSI(14) near 74 shows the move is hot but not yet stretched; price is holding the 1.40369 breakout shelf into the NY session.

Support: 1.40369, 1.40194, 1.40028

Resistance: 1.40517, 1.4075

What it said to watch

  • M15 close above 1.40517 opens the path to the 1.40750 9-day ema
  • Failure to hold 1.40369 signals the CPI spike is fading back into the pre-cpi range

13:03 UTC

Uptrend, momentum strong · RSI 73 · price 1.40445

Higher highs, higher lows off 1.4003.

USD/CAD ripped higher through the NY session after Canada CPI, rallying from 1.4003 to a session high 1.40517 with RSI(14) near 73 and short-term hot. The break above the 1.4030 shelf held on the last shallow pullback into 1.40369.

Support: 1.40369, 1.4030, 1.40028

Resistance: 1.40517, 1.4075

What it said to watch

  • M15 close back below 1.40369 breaks the rally-leg's higher-low chain
  • 1.40750 (9d ema) area to watch for rejection or break
  • Post-CPI volatility elevated; extended moves can fade quickly

12:47 UTC

Uptrend, strong momentum · RSI 74 · price 1.40452

Higher highs, breakout to session high.

USDCAD spiked to 1.40517 on the 12:30 GMT Canada CPI print, extending a NY-session rally off the 1.40028 session low. RSI(14) hot near 74 after a clean break above the prior session range; last swing low sits at 1.40331.

Support: 1.40331, 1.40196, 1.40028

Resistance: 1.40517

What it said to watch

  • Close back below 1.40331 negates the breakout leg
  • 1.40517 session high — area to watch for rejection or continuation
  • Momentum stall would leave price extended above EMA20/EMA50

12:46 UTC

Uptrend, momentum extended · RSI 74 · price 1.40452

Breakout from low-1.40 base, higher highs.

USDCAD tore higher through the NY session after Canada CPI, breaking a tight low-1.40 base and printing a session high at 1.40517; RSI(14) near 74 flags a short-term stretch. Price now consolidating just under the high at 1.40452 with the 1.40300 breakout shelf as first support.

Support: 1.4030, 1.40196, 1.40028

Resistance: 1.40517

What it said to watch

  • Loss of 1.40300 would negate the breakout and put 1.40196 back in play
  • A close above 1.40517 extends the impulse leg

12:32 UTC

Uptrend, momentum accelerating · RSI 75 · price 1.40452

Breakout from low-1.40 base, higher highs.

USD/CAD ripped off the 1.4003 base after Canada CPI, tagging 1.40497 into the NY session with RSI(14) hot near 75 on the vertical push. The breakout above the 1.4030 prior high has held so far.

Support: 1.4030, 1.40196, 1.40028

Resistance: 1.40497, 1.4050

What it said to watch

  • Loss of 1.4030 prior high would signal a failed breakout back into the range
  • Sustained close above the 1.4050 psych level opens continuation higher
  • RSI near 75 leaves room for a near-term pullback toward 1.4030

12:31 UTC

Uptrend, momentum strong · RSI 75 · price 1.40452

Higher highs, fresh session high.

USDCAD ripped higher into the Canada CPI release, breaking the 1.40295 range top and printing a fresh session high at 1.40497 as the Loonie gave back ground on a soft/in-line print. RSI(14) is hot near 74 after five green M15 bars; the breakout level at 1.40295 is the pivot to hold.

Support: 1.40295, 1.40196, 1.4000

Resistance: 1.40497

What it said to watch

  • Hold above 1.40295 keeps the breakout intact; failure back below reopens 1.40196
  • RSI near 74 signals short-term stretch — stall or rejection at the 1.40497 session high
  • Fresh Canada CPI reaction still filtering through — moves may extend on follow-through

12:16 UTC

Uptrend, momentum firm · RSI 68 · price 1.40362

Higher highs, higher lows off session low.

USDCAD ground higher from the 1.40028 session low, printing a chain of higher lows and breaking through 1.4030 to press the 1.40366 session high. Price sits above EMA20/50 with RSI(14) near 68, hot but not extreme — this is a straight recovery off the 1.4000 pivot into Canadian CPI.

Support: 1.40196, 1.40028, 1.4000

Resistance: 1.40366

What it said to watch

  • Canada CPI at 12:30 UTC (approx 14 min out) can materially reset this intraday read
  • Close back below 1.40196 breaks the rising-low structure
  • Acceptance above 1.40366 extends the session high

12:16 UTC

Intraday uptrend, momentum firm · RSI 69 · price 1.40362

Higher highs, higher lows off session low.

USDCAD ground up through the NY session, breaking above 1.40300 and pressing the session high at 1.40366 with RSI(14) near 69. Buyers stepped in at 1.40194 on the last pullback and the higher-low chain off the 1.40028 session low is intact.

Support: 1.40194, 1.40028, 1.4000

Resistance: 1.40366

What it said to watch

  • Canada CPI at 12:30 UTC (~14min out) could materially shift this read
  • Failure to hold 1.40194 breaks the intraday higher-low chain
  • Close above 1.40366 extends the breakout

12:02 UTC

Intraday uptrend, momentum extended · RSI 71 · price 1.40339

Chain of higher highs / higher lows into NY.

USDCAD ground higher through the London-NY session, breaking out of the 1.4000-1.4010 base and printing a session high at 1.40366 with RSI(14) hot near 71. Price now sits just under that high after a two-day slide stalled around the 1.4000 psych pivot.

Support: 1.40196, 1.40028, 1.4000

Resistance: 1.40366

What it said to watch

  • Canada CPI at 12:30 UTC (headline f/c 2.9% y/y) could materially shift this read
  • Close back below 1.40196 breaks the higher-low chain and reopens the 1.4000 pivot
  • Failure to clear 1.40366 leaves the session high as a rejection point

12:02 UTC

Uptrend, momentum accelerating · RSI 72 · price 1.40339

Higher highs off session low, breakout in play.

USDCAD rallied off the session low at 1.40028, cleared the 1.40305 pivot and printed a session high at 1.40366, RSI(14) hot near 71. The push runs straight into Canada CPI at 12:30 UTC — the dominant near-term driver for this pair.

Support: 1.40196, 1.40028, 1.4000

Resistance: 1.40366, 1.4040

What it said to watch

  • Canada CPI at 12:30 UTC (~30m out) can materially reset this read
  • Close above 1.40366 opens the 1.40400 round number
  • Failure to hold 1.40196 negates the breakout

11:46 UTC

Intraday uptrend, pressing session high · RSI 61 · price 1.40297

Higher lows into session high, pullbacks bought.

USDCAD rallied off the 1.40028 range low to a 1.40346 session high, riding a chain of higher lows during the London-NY window. Price is holding just under the 1.40311 prior high with RSI mid-range; the 1.40194 swing low is the last defended pullback level.

Support: 1.40194, 1.40028, 1.4000

Resistance: 1.40311, 1.40346

What it said to watch

  • M15 close above 1.40346 extends the session high breakout
  • Failure to hold 1.40194 breaks the higher-low chain
  • Canada CPI ~12:30 UTC could sharply reprice this read against the 1.40000 pivot

11:46 UTC

Intraday recovery, pressing session high · RSI 58 · price 1.40297

Higher lows into 1.40346 session top.

USDCAD rallied off 1.40028 to a session high of 1.40346 before a pullback to 1.40182 held the 50% retracement, and price has since recovered to 1.40297. Buyers stepped in on the dip and the market is pressing the session top into the Canada CPI release at 12:30 UTC.

Support: 1.40182, 1.40028, 1.4000

Resistance: 1.40346

What it said to watch

  • Canada CPI at 12:30 UTC could materially shift this read
  • M15 close above 1.40346 extends the intraday uptrend
  • Loss of 1.40182 reopens the 1.40000 psych pivot

11:32 UTC

Uptrend, momentum cooling · RSI 54 · price 1.40212

Pullback after rally to session high.

USDCAD rallied off the 1.40028 session low to a session high of 1.40346, then rejected and eased back to 1.40212. Price now consolidates just above the 1.4000 psych pivot with RSI back near neutral ahead of Canada CPI.

Support: 1.40182, 1.40028, 1.4000

Resistance: 1.40305, 1.40346

What it said to watch

  • Canada CPI at 12:30 UTC (~1h) could materially shift this read
  • Reclaim of 1.40305 puts the 1.40346 session high back in play
  • Loss of 1.40182 recent low exposes the 1.4000 psych pivot and 1.40028 session low

11:31 UTC

Uptrend, pulling back · RSI 53 · price 1.40212

Higher lows into session high, now retracing.

NY session pushed USDCAD off the 1.40028 low up to a 1.40346 session high, then faded back to 1.40212 with RSI cooling to the mid-50s. Pair is coiling just above the 1.40200 breakout zone ahead of Canadian CPI.

Support: 1.40028, 1.4000

Resistance: 1.40305, 1.40346

What it said to watch

  • Canada CPI at 12:30 UTC (~1h out) is the dominant catalyst and can invalidate this intraday read
  • Close back below 1.40028 breaks the higher-low chain
  • Close above 1.40346 resumes the session uptrend

11:16 UTC

Uptrend, momentum cooling · RSI 59 · price 1.40256

HH/HL, pullback from session high.

London morning rally lifted USDCAD off the 1.4000 psych pivot to a session high of 1.40346, breaking the Asian-range consolidation. RSI(14) is cooling from the highs as price pulls back to 1.40256, holding above the 1.40215 swing low.

Support: 1.40215, 1.40086, 1.4000

Resistance: 1.40305, 1.40346

What it said to watch

  • Hold above 1.40215 keeps the HL chain intact
  • Close below 1.40000 psych negates the breakout read
  • Canada CPI could materially shift this read

11:16 UTC

Intraday recovery, momentum easing · RSI 56 · price 1.40256

Higher lows off 1.4003, consolidating below session high.

USDCAD reclaimed the 1.4000 psych pivot through the London session, rallying off the 1.40028 swing low to a 1.40346 session high before easing back to 1.4025. RSI(14) cooling from a stretched print as the move consolidates just below session resistance.

Support: 1.4000, 1.40028

Resistance: 1.40305, 1.40346

What it said to watch

  • Canada CPI at 12:30 UTC could materially shift this read
  • Loss of 1.4000 psych pivot reopens the 1.40028 swing low
  • M15 close above 1.40346 session high extends the recovery

11:02 UTC

Intraday uptrend, momentum slowing · RSI 57 · price 1.40243

Higher lows into rally, now retracing off session high.

USDCAD rallied through the London session off the 1.40028 low to a 1.40346 session high, RSI(14) cooling from the mid-60s. Pullback to 1.40243 is holding above the breakout zone and the 1.4000 psych pivot ahead of Canadian CPI.

Support: 1.40187, 1.40028, 1.4000

Resistance: 1.40305, 1.40346

What it said to watch

  • Canada CPI at 12:30 UTC (~1.5h) could materially shift this read
  • Close below 1.40187 50% fib would deepen the retrace toward 1.4000
  • Break above 1.40346 session high resumes the intraday uptrend

11:02 UTC

Intraday recovery, pullback underway · RSI 58 · price 1.40243

Higher low off 1.4000, breakout to session high then fade.

USDCAD rallied off the 1.4000 psych level to a session high at 1.40346, then faded to 1.40243 as RSI cools from overbought. Buyers defended 1.40028 earlier; the recovery leg is now retesting broken structure ahead of Canada CPI.

Support: 1.4013, 1.40028, 1.4000

Resistance: 1.40305, 1.40346

What it said to watch

  • Canada CPI at 12:30 UTC could materially shift this read
  • Loss of 1.40130 puts the 1.4000 psych level back in play
  • Reclaim of 1.40346 opens continuation of the recovery leg

10:46 UTC

Intraday uptrend, momentum cooling · RSI 57 · price 1.40243

London rally, shallow pullback.

London session drove USDCAD off the 1.40028 base up to 1.40346, RSI(14) cooling toward mid-range on the pullback to 1.40243. Price holding above the 1.40215 pullback low, still comfortably above intraday EMAs; move is loonie-sensitive with Canada CPI at 12:30 UTC the imminent catalyst.

Support: 1.40215, 1.40086, 1.4000

Resistance: 1.40346, 1.40305

What it said to watch

  • Canada CPI at 12:30 UTC could materially shift this read
  • M15 close below 1.40215 breaks the higher-low chain
  • Reclaim of 1.40346 reopens session-high test

10:46 UTC

Intraday uptrend, momentum cooling · RSI 58 · price 1.40243

Breakout from range, pulling back.

USDCAD spent the London session basing around the 1.4000 psych pivot before breaking the 1.4005–1.4010 range and rallying to a session high of 1.40346. Price has since faded to 1.40243 with RSI(14) cooling off from the high-60s; the 1.40215 pullback low is the near-term shelf.

Support: 1.40215, 1.40028, 1.4000

Resistance: 1.40346, 1.40305

What it said to watch

  • Loss of 1.40215 puts the 1.40028 session low and 1.4000 pivot back in play
  • Reclaim of 1.40346 reopens the upside extension
  • Canada CPI ~12:30 UTC is a near-term catalyst that could reprice this read

10:31 UTC

Recovering, near-term leg up · RSI 58 · price 1.40236

Rally off session low, pullback in progress.

USDCAD rallied off the session low at 1.40028 to a session high of 1.40346 through NY hours, then began retracing; price is holding around the 38.2% fib near 1.40225. RSI(14) cooling from the rally with price above EMA20/50, but Canada CPI is the near-term catalyst.

Support: 1.4014, 1.40028, 1.4000

Resistance: 1.40305, 1.40346

What it said to watch

  • Canada CPI at 12:30 UTC could materially shift this read
  • Close back below 1.40140 puts the session low at 1.40028 back in play
  • Break above 1.40346 extends the intraday leg

10:31 UTC

Intraday uptrend, momentum cooling on pullback · RSI 60 · price 1.40236

Higher lows off session base, pullback from session high.

USDCAD rallied through the NY session off the 1.4003 base to a 1.40346 high before easing back to 1.40236, RSI(14) cooling from the low-70s. The 1.40130 breakout zone is the first retest level; move is developing ahead of Canada CPI.

Support: 1.4013, 1.40044, 1.4000

Resistance: 1.40305, 1.40346

What it said to watch

  • Canada CPI at 12:30 UTC is the nearest catalyst and can materially shift this read
  • Loss of 1.40130 puts the 1.40044 session low back in play
  • Reclaim of 1.40305 reopens the 1.40346 session high

10:16 UTC

Intraday uptrend, pulling back · RSI 61 · price 1.40253

Higher highs off session low, retracing.

London session rallied off the 1.40028 session low, breaking above the 1.40100-1.40160 consolidation to a session high at 1.40346 before pulling back to 1.40253. RSI(14) cooling from the highs as the up-leg retraces; Canada CPI due 12:30 UTC.

Support: 1.4016, 1.40028

Resistance: 1.40346

What it said to watch

  • Canada CPI at 12:30 UTC (~2h) could materially shift this read
  • Failure to hold 1.40160 breakout level negates the intraday up-leg
  • Close above 1.40346 extends the session high

10:16 UTC

Intraday uptrend, pulling back · RSI 58 · price 1.40253

Higher lows off session low, capped at 1.40346.

USDCAD rallied ~30 pips off the 1.40028 session low into 1.40346 before rejecting and easing back to 1.40253, RSI(14) cooling toward mid-range. The 1.4000 psychological pivot held on the earlier dip; price now sits mid-way in the recovery leg ahead of Canada CPI.

Support: 1.40028, 1.4000

Resistance: 1.40346, 1.40381

What it said to watch

  • Canada CPI at 12:30 UTC (~2h out) can materially shift this read
  • M15 close back below 1.40028 breaks the higher-low chain
  • Reclaim of 1.40346 reopens the path toward 1.40381

10:02 UTC

Intraday uptrend off 1.4000 · RSI 69 · price 1.4030

Higher lows, breaking session highs.

USDCAD ground higher through the London-NY transition, lifting off the 1.4000 psych pivot and breaking session highs to 1.40346, now easing to 1.4030 with RSI(14) near 69. Move sits above both EMAs; buyers stepped in repeatedly around 1.4003.

Support: 1.4000, 1.40028

Resistance: 1.40346

What it said to watch

  • Canada CPI at 12:30 UTC could materially shift this read
  • Loss of 1.4000 pivot negates the intraday higher-low chain
  • Close above 1.40346 extends the session breakout

10:02 UTC

Intraday uptrend, momentum firm · RSI 67 · price 1.4030

Higher lows, pressing session high.

USDCAD ground higher through the London session, a steady chain of higher lows lifting price off the 1.40028 base to a fresh session high at 1.40346, now easing to 1.4030. The break above the 1.402 shelf holds; RSI(14) around 66 with room before extremes, ATR near 4.4 pips.

Support: 1.40155, 1.40028, 1.4000

Resistance: 1.40346, 1.40381

What it said to watch

  • Break above 1.40346 opens the path back to the 1.40381 prior high
  • Loss of 1.40155 breaks the higher-low sequence
  • Canada CPI at 12:30 UTC could materially shift this read

09:46 UTC

Recovering, momentum rising · RSI 71 · price 1.40309

Higher lows off session low, pressing session high.

USDCAD carved a base at 1.40028 and rallied through prior consolidation to press the 1.40311 session high, RSI(14) near 71 and hot. Loonie strength on firm crude has capped this pair below 1.40400, but the intraday bounce holds a clean higher-low chain into the London-NY window.

Support: 1.40028, 1.4000

Resistance: 1.40311, 1.40396

What it said to watch

  • Canada CPI at 12:30 UTC could materially shift this read
  • M15 close above 1.40311 opens the path to 1.40396
  • Loss of 1.40028 confirms a lower-low and voids the recovery

09:46 UTC

Uptrend, momentum firm · RSI 73 · price 1.40309

Higher highs off 1.4003 base.

USDCAD ground up from the 1.4003 base through the Asian range and is pressing the session high at 1.40311, RSI(14) around 73. Buyers stepped in repeatedly near the 1.4000 psych pivot; the rally is clean but late-stage on this TF.

Support: 1.40028, 1.4000

Resistance: 1.40311, 1.40396

What it said to watch

  • Break above 1.40311 extends the uptrend toward 1.40396
  • Failure to hold 1.4000 reopens the 1.40028 swing low
  • Canada CPI 12:30 UTC could materially shift this read

09:31 UTC

Intraday uptrend, extended · RSI 69 · price 1.40272

Higher highs off 1.40028 low.

London session pushed USDCAD off the 1.40028 low up to the 1.40275 session high, a clean run of higher highs with RSI(14) near 69. Price is stalling right at the session high with Canada CPI due at 12:30 UTC.

Support: 1.4015, 1.40028, 1.4000

Resistance: 1.40275

What it said to watch

  • M15 close above 1.40275 extends the uptrend
  • Canada CPI at 12:30 UTC could materially shift this read
  • Failure to hold 1.40150 negates the breakout

09:31 UTC

Uptrend, momentum extending · RSI 69 · price 1.40272

Higher highs off session low, at session high.

USDCAD ground higher through the London session from the 1.40028 low to a fresh session high at 1.40275, RSI(14) near 68 and hot but not extreme. Buyers stepped in repeatedly around 1.4004-1.4006 before the break; range top 1.40275 now the immediate cap.

Support: 1.40028, 1.4000

Resistance: 1.40275, 1.40396

What it said to watch

  • Sustained M15 close above 1.40275 opens the path toward 1.40396
  • Failure to hold 1.40028 reopens the 1.4000 psych pivot
  • Canada CPI at 12:30 UTC (~3h) could materially shift this read

09:16 UTC

Short-term recovery off lows · RSI 66 · price 1.40237

Higher lows, broke above 1.4010 range.

London session lifted USDCAD off the 1.40028 low to a session high at 1.40257, currently 1.40237 after clearing the 1.4010 consolidation. RSI(14) around 66, hot but not extended. Canada CPI at 12:30 UTC (~3h out) is the near-term catalyst.

Support: 1.40028, 1.4000

Resistance: 1.40257, 1.40348

What it said to watch

  • M15 close above 1.40257 extends the recovery leg
  • Failure to hold 1.40000 psych reopens 1.40028 session low
  • Canada CPI at 12:30 UTC could materially shift this read

09:16 UTC

Recovering off session low, momentum up · RSI 64 · price 1.40237

Higher lows into session high test.

USDCAD rallied ~23 pips off the 1.40028 session low during the London session to test the 1.40257 high, now stalling at 1.40237 with RSI(14) mid-60s. Move sits above 1.4000 psych ahead of Canada CPI at 12:30 UTC, the immediate catalyst.

Support: 1.4020, 1.40028, 1.4000

Resistance: 1.40257, 1.4030

What it said to watch

  • Canada CPI at 12:30 UTC (headline f/c 2.9% y/y) can swing this read within minutes
  • Close above 1.40257 session high opens the path toward 1.40300
  • Failure to hold 1.40200 exposes 1.40028 session low and 1.4000 psych

09:02 UTC

Intraday recovery, momentum up · RSI 66 · price 1.40224

Higher lows off session low, breaking prior range.

USDCAD based at 1.40028 and rallied through the London session to a session high of 1.40247, now holding 1.40224 with RSI(14) elevated near 66. Price cleared the prior 1.40040-1.40100 range with a clean push, sitting above EMA20 and EMA50.

Support: 1.40086, 1.40028, 1.4000

Resistance: 1.40247, 1.40257

What it said to watch

  • Canada CPI at 12:30 UTC could materially shift this read
  • Loss of 1.40086 puts the 1.40028 session low back in play
  • Close above 1.40247 opens the path toward 1.40257

09:02 UTC

Intraday recovery, momentum up · RSI 64 · price 1.40224

Double bottom, break higher.

London session put in a double bottom near 1.40028 and pushed to the session high at 1.40257 before easing to 1.40224. RSI(14) around 64, momentum still up but off its peak; broad USD tone stays soft into Canada CPI.

Support: 1.4010, 1.40028, 1.4000

Resistance: 1.40257

What it said to watch

  • Canada CPI at 12:30 UTC (~3.5h out) is the key catalyst and could reset this read
  • Close back below 1.40100 negates the breakout and re-opens 1.40028
  • Failure to reclaim 1.40257 keeps price capped in the session range

08:46 UTC

Recovering off session lows · RSI 63 · price 1.40231

Base built near 1.4003, pushing higher.

USDCAD carved a double bottom near 1.4003 through the Asian session then broke higher into London, tagging 1.40257 before easing to 1.40231. Buyers stepped in twice at the base; RSI(14) cooling from mid-60s.

Support: 1.40044, 1.4000

Resistance: 1.40257, 1.40213

What it said to watch

  • Canada CPI 12:30 UTC is the near-term catalyst and could reset this read
  • Close above 1.40257 opens continuation toward mid-1.40s
  • Failure to hold 1.40044 re-exposes the 1.4000 handle

08:46 UTC

Recovering off session lows, short-term up · RSI 67 · price 1.40231

Higher low then break above intraday range.

USDCAD twice held 1.4003 during the London session before a sharp push to the 1.40257 session high, RSI(14) running hot near 67. Break above the 1.40086 range base put the pair back above EMA20/50; oil-led CAD strength keeps the low-1.40 area heavy.

Support: 1.40086, 1.40028

Resistance: 1.40257, 1.4030

What it said to watch

  • Close back below 1.40086 negates the breakout and reopens 1.40028
  • Acceptance above 1.40257 extends toward the 1.4030 handle
  • Canada CPI 12:30 UTC could materially shift this read

08:32 UTC

Intraday recovery, momentum building · RSI 66 · price 1.40246

Range base held, late-London push higher.

USDCAD based around 1.40028-1.40060 through the Asian range and early London, then pushed higher into mid-London to break the 1.40231 intraday pivot and print 1.40255. RSI(14) near 66, hot but not extreme; the low-1.40s oil-driven CAD grind remains the backdrop.

Support: 1.4006, 1.40028, 1.4000

Resistance: 1.40255, 1.40396

What it said to watch

  • Canada CPI at 12:30 UTC is the near-term catalyst and could reshape this read
  • M15 close above 1.40255 opens the path toward the 1.40396 prior high
  • Failure to hold 1.40060 reopens the 1.40028 session low

08:31 UTC

Intraday breakout higher · RSI 71 · price 1.40246

Range base held, broke to session high.

USDCAD coiled around 1.4007 through the London session before breaking to a session high at 1.40255, RSI(14) pushing into the low-70s. Price cleared both intraday EMAs on the last three bars; the 1.4007 range base held on the way up.

Support: 1.4007, 1.40028

Resistance: 1.40255, 1.40231

What it said to watch

  • Loss of 1.40070 range base reverts price into the prior consolidation
  • Close back above 1.40255 extends the breakout toward 1.4030+
  • Canada CPI at 12:30 UTC (~4h) is the near-term catalyst and can shift this read

08:16 UTC

Ranging, minor bounce off base · RSI 61 · price 1.40166

Low-1.40s range, double bottom at 1.4003.

London session: USDCAD held a tight low-1.40s range and put in a double bottom near 1.4003 before bouncing to 1.40174, reclaiming EMA20/50. Oil strength keeps CAD firm; Canada CPI at 12:30 UTC is the next catalyst.

Support: 1.40028, 1.4000

Resistance: 1.40174, 1.40231

What it said to watch

  • Canada CPI at 12:30 UTC could break this range in either direction
  • Loss of 1.40028 confirms a lower-low and reopens the 1.40 psych level
  • Close above 1.40174 opens the path back to session high 1.40231

08:16 UTC

Recovering off session low · RSI 60 · price 1.40166

Intraday range 1.4003-1.4023.

USDCAD is grinding off a 1.40028 session low in London hours, buyers defending the 1.4003 area twice, with price back to 1.40166 and RSI(14) around 60. Still boxed inside the 1.4003-1.4023 range that formed after the week's reopen; ATR(14) near 5 pips signals a tight session.

Support: 1.40028, 1.4000

Resistance: 1.40174, 1.40231

What it said to watch

  • Canada CPI at 12:30 UTC is the near-term catalyst and could break this range
  • M15 close above 1.40231 opens continuation toward the reopen spike zone
  • Loss of 1.40028 confirms a lower low and puts the 1.40000 handle in play

08:02 UTC

Sideways, low-1.40s grind · RSI 54 · price 1.40131

Range, holding above 1.40 psych.

USDCAD is ranging in the low 1.40s during London hours, pinned above the 1.40 psych level after the 1.40028 session low held. Last bar popped to 1.40151 before settling at 1.40131, with the 1.40231 session high still capping.

Support: 1.40028, 1.4000

Resistance: 1.40151, 1.40231

What it said to watch

  • Canada CPI at 12:30 UTC is the near-term catalyst and could break this range either way
  • M15 close below 1.40028 exposes the 1.40 psych handle
  • Reclaim of 1.40231 needed to break the session range top

08:02 UTC

Ranging, no clear direction · RSI 51 · price 1.40131

Post-gap range, mid-range.

USDCAD is ranging 1.4004-1.4023 after the weekend gap open, sitting mid-range near 1.4013 with RSI(14) flat around 51. Last bar bounced off the 1.4003 session low; range top at 1.4023 still capping during London hours.

Support: 1.40038, 1.4000

Resistance: 1.40231

What it said to watch

  • Canada CPI at 12:30 UTC is the near-term catalyst and could break this range
  • M15 close above 1.40231 opens the path higher
  • Failure to hold 1.40038 confirms a lower low

07:46 UTC

Sideways, drifting lower · RSI 47 · price 1.4008

Consolidation near 1.40 handle post gap.

USDCAD opened the week with a gap lower and has since ground down to the 1.40 handle, coiling in a tight 1.4003–1.4011 range. Sellers faded the 1.4023 post-gap high and demand has stepped in twice around 1.4003, keeping the Loonie firm on oil strength.

Support: 1.4003, 1.4000

Resistance: 1.4011, 1.4023

What it said to watch

  • Canada CPI at 12:30 UTC today could break the 1.4003–1.4011 range
  • M15 close below 1.4000 confirms a lower low toward 1.3981
  • Reclaim of 1.4023 post-gap high reopens upside

07:46 UTC

Mild downtrend, grinding lower · RSI 45 · price 1.4008

Faded open spike, consolidating near session lows.

Post-open pop to 1.40213 was rejected and price has ground steadily lower to a 1.40028 session low, now consolidating in the low-1.40s below EMA20/50. Choppy, low-range grind ahead of Canada CPI — no clean setup in play.

Support: 1.40028, 1.4000

Resistance: 1.4011, 1.40213

What it said to watch

  • Canada CPI at 12:30 UTC is the near-term catalyst and could break this consolidation
  • M15 close below 1.40000 confirms continuation toward the psych handle
  • Reclaim of 1.40110 would neutralise the intraday downside pressure

07:31 UTC

Grind lower, momentum flat · RSI 45 · price 1.40071

Tight consolidation in low 1.40s.

London morning has USDCAD boxed in a 1.4004–1.4011 range after fading Monday's 1.40231 session high, sitting under both EMAs with RSI mid-40s. Sellers keep capping into 1.40110 while 1.40036 has held twice; overall a quiet drift below the 1.40 handle.

Support: 1.40036, 1.4000

Resistance: 1.4011, 1.40231

What it said to watch

  • Canada CPI at 12:30 UTC is the near-term catalyst and can break this range either way
  • M15 close above 1.40231 invalidates the grind-lower read
  • Loss of 1.40036 opens the 1.40000 psych level

07:31 UTC

Downtrend stalling, momentum flat · RSI 47 · price 1.40071

Consolidation above 1.40 handle after grind lower.

USDCAD ground lower off the post-open session high at 1.40231 into a base at 1.40036, then stalled just above the 1.40 psychological handle in a tight range. Price sits below EMA20/50 with RSI(14) flat near 46, no fresh direction in the London session.

Support: 1.40036, 1.4000, 1.3981

Resistance: 1.40101, 1.40231

What it said to watch

  • Canada CPI at 12:30 UTC is the near-term catalyst and could break this range either way
  • Close below 1.40036 confirms a lower low toward the 1.40 handle
  • Reclaim of 1.40101 puts the 1.40231 session high back in play

07:16 UTC

Downtrend, momentum flattening · RSI 45 · price 1.40079

Lower highs into session lows, now consolidating.

London session ground lower through the morning, printing a session low at 1.40038 before basing around 1.4008. Lower highs cap the tape and RSI(14) sits mid-range near 45 — no thrust in either direction, price coiling just above the 1.40 handle.

Support: 1.40038, 1.4000

Resistance: 1.4011, 1.40213

What it said to watch

  • Close below 1.40000 psych confirms continuation of the lower-low sequence
  • Reclaim above 1.40110 intraday high breaks the lower-high chain
  • Canada CPI at 12:30 UTC is the near-term catalyst and could reset this range

07:16 UTC

Downtrend, momentum flat · RSI 44 · price 1.40079

Grind lower, holding low-1.40s.

USDCAD grinding lower through the low-1.40s during London hours, capped below 1.40110 after the early spike to 1.40213 faded. Sellers keep pressing but 1.40036 has absorbed the drift twice; RSI(14) mid-range, no momentum extreme.

Support: 1.40036, 1.4000

Resistance: 1.4011, 1.40213

What it said to watch

  • Break and hold below 1.40036 opens the 1.40 psych handle
  • Reclaim of 1.40110 would neutralise the intraday grind lower
  • Canada CPI at 12:30 UTC (~5h out) is the near-term catalyst

07:02 UTC

Range, no clear direction · RSI 51 · price 1.40089

Consolidation after early spike faded.

London session grinding in a tight ~1.4004–1.4011 band after the early spike to the 1.40213 spike high faded. Price recovered off the 1.40036 session low; RSI(14) neutral near 50 and ATR compressed to ~4 pips — no setup in play.

Support: 1.40036, 1.4000

Resistance: 1.4011, 1.40213

What it said to watch

  • Close above 1.40110 swing high opens the path back toward the 1.40213 spike high
  • Loss of 1.40036 session low exposes the 1.40000 round number
  • Canada CPI at 12:30 GMT could break the range

07:02 UTC

Downtrend stalling, now consolidating · RSI 48 · price 1.40089

Ranging just above 1.4000 near one-month low.

Price drifted lower through the session to a low of 1.40036, then found footing to consolidate just above the 1.4000 psych level, tracking CAD strength off surging oil. The pop to 1.40231 on the session open was sold back, leaving price boxed in a tight 1.4004-1.4012 range with RSI(14) neutral near 48.

Support: 1.40036, 1.4000

Resistance: 1.4012, 1.40231

What it said to watch

  • Canada CPI at 12:30 GMT could materially shift this read
  • M15 close below 1.4000 opens the path toward 1.3981
  • Reclaim of 1.40120 would put the 1.40231 session high back in play

06:46 UTC

Downtrend, slow grind lower · RSI 44 · price 1.40065

Faded from session high, ranging near lows.

USDCAD faded from the session high at 1.40231 and has ground down toward the 1.40036 low, now hovering just above 1.40000 with RSI(14) mid-range. Price sits below EMA20/50 as USD/CAD holds near a one-month low; Canada CPI at 12:30 GMT is the near catalyst.

Support: 1.40036, 1.4000

Resistance: 1.4011, 1.40231

What it said to watch

  • Canada CPI at 12:30 GMT could materially shift this read
  • Break below 1.40000 psych opens 1.3981
  • M15 close above 1.40110 negates the lower-high sequence

06:46 UTC

Downtrend, grinding lower · RSI 45 · price 1.40065

Lower highs into one-month low.

USDCAD is grinding lower toward the one-month low, holding just above the 1.40036 session low after fading the 1.40213 spike. Price sits below EMA20/50 with RSI mid-range; the low-1.40s remain a supply zone flagged into Canada CPI.

Support: 1.40036, 1.4000

Resistance: 1.4010, 1.40213

What it said to watch

  • Canada CPI at 12:30 GMT is the near catalyst and could break this micro-range
  • Loss of 1.40036 opens the 1.40000 psych level
  • M15 close back above 1.40100 pivot eases the downside pressure

06:31 UTC

Downtrend, stabilising near lows · RSI 48 · price 1.40095

Drift lower, basing above 1.4000.

USDCAD drifted lower through the Asian session into a 1.40036 low before a modest bounce back to 1.40095, with CAD supported by the recent oil surge. Price is basing just above the 1.4000 psychological pivot; RSI(14) neutral near 48 after the slide.

Support: 1.40036, 1.4000

Resistance: 1.4019, 1.40231

What it said to watch

  • Break below 1.40036 opens the 1.4000 psych level
  • Reclaim of 1.40190 negates the lower-high sequence
  • Canada CPI at 12:30 GMT could materially shift this read

06:31 UTC

Downtrend, stalling near lows · RSI 49 · price 1.40095

Lower highs into session low, stabilising.

USDCAD ground lower through the session from 1.40213 to a 1.40036 low, then stabilised, buyers stepping in twice near 1.40040. Price now pinned around 1.40095 into EMA20, capped below 1.40110; move is oil/USD-led ahead of Canada CPI.

Support: 1.40036, 1.4000

Resistance: 1.4011, 1.40213

What it said to watch

  • Canada CPI at 12:30 GMT could materially shift this read
  • Loss of 1.40036 opens a probe toward the 1.40000 psych level
  • M15 close above 1.40110 invalidates the intraday cap and eyes 1.40213

06:16 UTC

Downtrend, drifting toward psych · RSI 42 · price 1.40068

Lower highs into 1.4000, consolidating near session low.

Asia session has ground lower off the 1.40231 open spike into a tight band above the 1.40036 session low, with USDCAD pinned near the 1.4000 psych level one-month low. RSI(14) mid-40s, ATR compressed to ~4 pips — no momentum in play ahead of London.

Support: 1.40036, 1.4000

Resistance: 1.4011, 1.40231

What it said to watch

  • M15 close below 1.40036 confirms a lower low, opening the 1.3981 area
  • Reclaim of 1.40110 needed to challenge the 1.40231 session high
  • Canada CPI at 12:30 GMT is the near catalyst and could shift this read

06:16 UTC

Downtrend, momentum flattening · RSI 44 · price 1.40068

Consolidating above 1.4000 after session drop.

USDCAD sold off from the 1.40213 session high through London hours to a 1.40036 low, then stalled just above the 1.4000 psychological pivot near a one-month low. Price is chopping between 1.40036 and 1.40110 with RSI(14) mid-range; ATR compressed near 3 pips as the market waits on Canada CPI.

Support: 1.40036, 1.4000

Resistance: 1.4011, 1.40213

What it said to watch

  • Canada CPI at 12:30 GMT could break this narrow range
  • Loss of 1.4000 psych confirms continuation to fresh lows
  • Reclaim of 1.40110 opens a retest of the 1.40213 session high

06:02 UTC

Mild downtrend, stalling near lows · RSI 48 · price 1.40104

Drift lower, consolidating above 1.4000.

USDCAD ground lower after an early spike to 1.40231 faded, bottoming at 1.40036 before a shallow bounce back to 1.401 — CAD firm on the oil rally and near a one-month low. Now coiling in a tight 1.4004-1.4011 band, RSI(14) neutral around 47 with ATR compressed to ~4 pips.

Support: 1.40036, 1.4000

Resistance: 1.40194, 1.40231

What it said to watch

  • Canada CPI at 12:30 GMT is the near catalyst and could break this range
  • Close below 1.40036 confirms a fresh lower low
  • Reclaim of 1.40231 session high negates the downside drift

06:02 UTC

Downtrend, base forming · RSI 52 · price 1.40104

Session low tagged, shallow bounce.

Thin Asia-session tape: USDCAD sank to a session low at 1.40036 before buyers stepped in, lifting price back to 1.40104 with RSI recovering toward neutral. Pair sits near a one-month low, pinned by strong crude and a sidelined BoC; the drift stays contained between 1.40036 and the 1.40160 pivot.

Support: 1.40036, 1.4000

Resistance: 1.4016, 1.40213

What it said to watch

  • Canada CPI 12:30 GMT is the near catalyst and could break the range
  • M15 close below 1.40036 confirms a fresh lower-low toward 1.40000
  • Reclaim of 1.40160 pivot opens the path back to 1.40213 session high

05:46 UTC

Intraday downtrend, bounce off lows · RSI 49 · price 1.40106

Lower highs into session low, minor base forming.

USDCAD spiked to 1.40213 on the session open then ground steadily lower, printing lower highs into a 1.40036 session low. Demand stepped in three times near 1.40040 and price has since recovered to 1.40106, holding just above EMA20. CAD CPI at 12:30 GMT is the near-term catalyst.

Support: 1.40036, 1.4000

Resistance: 1.4014, 1.40213

What it said to watch

  • Close back above 1.40140 negates the lower-high sequence
  • Loss of 1.40036 opens the 1.40000 psych level
  • Canada CPI at 12:30 GMT could reset this range

05:46 UTC

Downtrend, stabilising near lows · RSI 48 · price 1.40106

Session range 1.4004–1.4023, price basing.

USDCAD spiked to 1.40231 at the session open then ground steadily lower to a session low of 1.40036, now basing back at 1.401. Move sits near the one-month low with crude strength keeping CAD firm; a weekend gap separates the two candle blocks.

Support: 1.40036, 1.4000

Resistance: 1.40194, 1.40231

What it said to watch

  • Canada CPI at 12:30 GMT is the near catalyst and could reprice this read
  • M15 close below 1.40000 confirms a lower low
  • Reclaim above 1.40231 invalidates the session downtrend

05:31 UTC

Downtrend, momentum fading · RSI 45 · price 1.4009

Lower highs, drifting toward session low.

Monday gap open spiked to 1.4023 then bled lower through the Asian session, printing a run of lower highs into a 1.4004 session low; a small bounce to 1.4009 is stalling at the EMA20. RSI(14) mid-40s, ATR barely 3 pips — thin, grinding tape.

Support: 1.40038, 1.4000

Resistance: 1.40092, 1.40231

What it said to watch

  • Close below 1.4004 confirms continuation toward the 1.4000 psych level
  • Reclaim of 1.4023 gap high negates the lower-high sequence
  • Canada CPI at 12:30 GMT is the near-term catalyst for this pair

05:31 UTC

Downtrend, momentum slowing · RSI 44 · price 1.4009

Grinding lower off session high, near session low.

USDCAD spiked to a session high of 1.4023 on the Asia reopen then drifted steadily lower, now hovering just off the 1.4004 session low with RSI(14) mid-40s. Slow grind into the 1.4004–1.4023 range, no fresh break yet.

Support: 1.40036, 1.4000

Resistance: 1.40174, 1.40231

What it said to watch

  • Close below 1.40036 confirms a lower-low and opens the 1.4000 psych level
  • Reclaim of 1.40174 would neutralise the intraday drift lower
  • Canada CPI 12:30 GMT could materially shift this read

05:17 UTC

Grinding lower, momentum soft · RSI 42 · price 1.40076

Lower highs into session low after post-open spike faded.

Monday Asia session spiked to 1.40213 on the open then faded, printing lower highs into the session low at 1.40036 before a small late bounce to 1.40076. Move is oil/USD-led with RSI(14) mid-range; Canada CPI at 12:30 GMT is the near catalyst.

Support: 1.40036, 1.4000, 1.3981

Resistance: 1.4010, 1.40213

What it said to watch

  • Close below 1.40000 opens the 1.3981 fib support
  • Reclaim of 1.40213 negates the lower-highs read
  • Canada CPI 12:30 GMT could reshape this read

05:16 UTC

Intraday downtrend, drifting into session low · RSI 43 · price 1.40076

Lower highs, sitting near session base.

USDCAD spiked to 1.40231 early in the Asian session then bled lower through a chain of lower highs, printing a session low at 1.40036 before a small bounce to 1.40076. Pair remains pinned near the one-month low with the 1.4000 psych pivot just below; move is oil/USD-led ahead of Canada CPI.

Support: 1.40036, 1.4000

Resistance: 1.4013, 1.40231

What it said to watch

  • Break below 1.40000 opens the path toward 1.3981
  • Reclaim of 1.40130 (ema20) would neutralise the intraday downtrend
  • Canada CPI at 12:30 GMT could materially shift this read

05:03 UTC

Downtrend, grinding lower · RSI 38 · price 1.40047

Lower highs into session low.

USDCAD ground lower through the Asia session after the weekend gap, printing lower highs and now pinned near the session low at 1.40036, close to the 1.40000 psych level and the one-month low flagged in the CAD read. RSI(14) soft near 38 but not oversold; ATR is thin at ~3 pips in low-volume trade.

Support: 1.40036, 1.4000

Resistance: 1.40101, 1.40213

What it said to watch

  • Break below 1.40000 psych opens toward the one-month low
  • Reclaim of 1.40101 needed to break the lower-high sequence
  • Canada CPI at 12:30 GMT could materially shift this read

05:02 UTC

Downtrend, grinding lower · RSI 34 · price 1.40047

Lower highs into 1.4000 psych.

USDCAD ground steadily lower through the Asian session after the post-gap spike to 1.40231 faded, printing a chain of lower highs into the 1.4000 psych level; price sits at 1.40047 below EMA20/50 with RSI(14) near 34. CAD strength is oil-led and USDCAD is pinned near its one-month low, per the digest.

Support: 1.40036, 1.4000

Resistance: 1.4010, 1.40231

What it said to watch

  • Loss of 1.4000 psych opens 1.3981 downside
  • Reclaim of 1.40100 minor high needed to ease the lower-high sequence
  • Canada CPI at 12:30 GMT could reprice this read

04:46 UTC

Downtrend, grinding lower · RSI 34 · price 1.40042

Lower highs into 1.4000 psych.

Asia session faded the post-open spike to 1.40231 and has ground steadily lower, printing lower highs into the 1.4000 psychological pivot. RSI(14) sub-35 and ATR compressed near 5 pips — momentum soft but not yet at an extreme.

Support: 1.40038, 1.4000

Resistance: 1.40114, 1.40231

What it said to watch

  • Break of 1.40000 psych opens the one-month low zone below
  • Reclaim of 1.40114 intraday high needed to break the lower-high chain
  • Canada CPI 12:30 GMT could materially shift this read

04:46 UTC

Downtrend, grinding lower · RSI 34 · price 1.40042

Lower highs into session low, pressing 1.4000.

Asia session spiked to 1.40213 early then rejected, and price has bled lower in a chain of lower highs to sit on the session low at 1.40038, right on the 1.4000 psych pivot. RSI(14) subdued near 33 but not yet extreme; ATR only ~3 pips, so ranges are tight ahead of Canada CPI.

Support: 1.40038, 1.4000

Resistance: 1.4010, 1.40213

What it said to watch

  • M15 close below 1.4000 opens continuation toward 1.3981
  • Reclaim of 1.40100 would break the lower-high chain
  • Canada CPI at 12:30 GMT could materially shift this read

04:31 UTC

Downtrend, low-momentum grind · RSI 35 · price 1.40046

Lower highs into 1.4000, thin Asian liquidity.

USDCAD drifted lower through a thin Asian session, printing lower highs and pinning the one-month low near 1.4000; ranges have compressed to ~2-3 pips ATR. Price sits at 1.40046 just above the psych level, with sellers capping bounces below 1.40100.

Support: 1.4000, 1.40038

Resistance: 1.4010, 1.40231

What it said to watch

  • Break below 1.40000 psych extends the lower-low sequence
  • Reclaim of 1.40100 would ease the grind lower
  • Canada CPI later today is the near-term catalyst for this pair

04:31 UTC

Downtrend, grinding lower · RSI 34 · price 1.40046

Lower highs into one-month low.

Asian session grinding USDCAD lower after the weekend gap, pressing the 1.4000 psych level and the one-month low with RSI(14) subdued near 34 but not oversold. Session high at 1.40231 has capped every bounce; price sits below EMA20 and EMA50 with no reversal signal in play.

Support: 1.4000, 1.3981

Resistance: 1.40114, 1.40231

What it said to watch

  • M15 close below 1.4000 opens the path to 1.3981
  • Reclaim of 1.40231 would break the lower-high chain
  • Canada CPI at 12:30 GMT is the near-term catalyst

04:16 UTC

Downtrend, grinding lower · RSI 39 · price 1.40053

Lower highs into session low.

USDCAD spiked to 1.40231 at the Monday reopen then ground steadily lower through Asian hours, printing lower highs into a session low at 1.40047. Price now pins the 1.4000 psych level near the one-month low, RSI(14) soft around 39 but not yet oversold; CAD tone stays oil-led with Canada CPI later the near catalyst.

Support: 1.4000, 1.40047

Resistance: 1.4012, 1.40231

What it said to watch

  • M15 close below 1.40000 psych confirms fresh one-month low
  • Reclaim of 1.40120 would ease the lower-high sequence
  • Canada CPI (12:30 GMT) could materially shift this read

04:16 UTC

Downtrend, momentum fading · RSI 37 · price 1.40053

Lower highs, testing session low.

Weekend gap opened near 1.4007, spiked to 1.40231 then bled lower through the Asia session in a chain of lower highs; price now grinding on the 1.4005 session low. RSI(14) around 37, ATR compressed near 4 pips — thin, low-volatility drift into the 1.4000 psych level.

Support: 1.40047, 1.4000, 1.3981

Resistance: 1.40128, 1.40231

What it said to watch

  • Loss of 1.40047 opens the 1.4000 psych level and 1.3981 fib below
  • Reclaim of 1.40128 would break the lower-high sequence
  • Canada CPI (12:30 GMT) is the near catalyst that could shift this read

04:02 UTC

Downtrend, grinding to session low · RSI 38 · price 1.40055

Lower highs, lower lows since the spike rejection.

Early spike to 1.40231 was rejected and USDCAD has bled lower on a clean lower-high chain, now pressing the session low near 1.40047 with the 1.4000 psych pivot just beneath. RSI(14) sits soft around 38, no oversold extreme yet. Oil-led CAD strength keeps the pair pinned near its one-month low.

Support: 1.4000, 1.40047

Resistance: 1.40128, 1.40231

What it said to watch

  • A break and hold below 1.4000 psych pivot confirms continuation of the intraday downtrend
  • Reclaim of 1.40128 lower high would stall the descending structure
  • Canada CPI (12:30 GMT) is the near catalyst and could reshape this read

04:02 UTC

Downtrend, grinding lower · RSI 39 · price 1.40055

Lower highs into 1.4000, session low pressed.

Asian session gapped up to 1.40231 then faded steadily, price now pressing the session low at 1.40047 with 1.4000 psych just below. CAD firm on the oil-led move; RSI(14) sub-40 but not stretched. Structure is a clean chain of lower highs.

Support: 1.40047, 1.4000

Resistance: 1.4010, 1.40213

What it said to watch

  • M15 close below 1.4000 opens further downside
  • Reclaim of 1.40100 pivot would stall the lower-high sequence
  • Canada CPI (12:30 GMT) could reset this read

03:46 UTC

Downtrend, momentum slowing · RSI 39 · price 1.40079

Lower highs, coiling above 1.4005.

Thin Asia session spiked to 1.40213 on the open then faded through a chain of lower highs, now coiling just above the 1.40047 swing low and the 1.40 round number. Momentum has cooled with RSI(14) near 39 and ATR compressed to a few pips.

Support: 1.40047, 1.4000

Resistance: 1.40128, 1.40213

What it said to watch

  • Close below 1.40047 confirms a fresh lower low toward 1.40000
  • Reclaim of 1.40128 needed to ease the downside pressure
  • Canada CPI at 12:30 UTC could materially shift this read

03:46 UTC

Downtrend, drift into lows · RSI 42 · price 1.40079

Lower highs, consolidating near session low.

Asia session opened with a spike to 1.40231, then a steady grind lower back to the 1.40047 session low with price now coiled around 1.4008. Lower highs stacked through the session; RSI(14) mid-40s, no momentum extreme in play.

Support: 1.40047, 1.4000

Resistance: 1.4016, 1.40231

What it said to watch

  • Break below 1.40047 confirms continuation of the lower-low sequence
  • Reclaim of 1.40160 would neutralise the intraday downtrend read
  • Canada CPI later today (12:30 UTC) could materially shift this read

03:31 UTC

Intraday downdrift, flattening near lows · RSI 43 · price 1.4008

Post-gap spike faded, consolidating at session lows.

Monday reopened with a weekend gap lower near 1.4006, then spiked to 1.40231 in early Asia before fading steadily back to the session-low zone around 1.4005. Price is now consolidating 1.4005-1.4008 below EMA20/50, RSI(14) mid-40s with no extreme.

Support: 1.40047, 1.4000

Resistance: 1.40231, 1.4019

What it said to watch

  • M15 close above 1.40231 session high invalidates the downdrift read
  • Failure to hold 1.4000 psych opens further downside
  • Crude/oil and Strait of Hormuz headlines are the primary CAD driver into this session

03:31 UTC

Drifting lower, momentum flat · RSI 42 · price 1.4008

Post-pop fade, now consolidating near session low.

Asia session popped to 1.40231 on the open then faded steadily back, printing lower highs into 1.4005. Price now consolidating around 1.4008 below EMA20/50 with RSI(14) mid-40s; sellers capped the 1.4014 prior high on the way down.

Support: 1.4005, 1.4000

Resistance: 1.4014, 1.4023

What it said to watch

  • Canada CPI at 12:30 UTC could materially shift this read
  • Close below 1.4005 session low confirms continuation lower toward 1.4000
  • Reclaim of 1.4014 prior high neutralises the fade

03:16 UTC

Downtrend, grinding lower · RSI 39 · price 1.40082

Lower highs, pressing session low.

USDCAD gapped down into the new week and spiked to 1.40213 early, then faded steadily through Asia hours to a session low at 1.40047 before ticking back to 1.40082. The grind reflects CAD firmness on the ~12% oil surge; a chain of lower highs keeps price pinned under the 1.40130 area.

Support: 1.40047, 1.4000

Resistance: 1.4013, 1.40213

What it said to watch

  • close below 1.40047 confirms continuation toward 1.40000
  • close above 1.40130 breaks the descending intraday structure
  • Canada CPI at 12:30 UTC could materially shift this read

03:16 UTC

Downtrend, grinding lower · RSI 40 · price 1.40082

Lower highs after early spike rejection.

Weekend open spiked to 1.40231 then rolled over on thin Asian liquidity, printing a chain of lower highs down to the 1.40047 session low. Price now hovers just above that low at 1.40082 with RSI sub-40, no bounce yet in play.

Support: 1.40047, 1.4000

Resistance: 1.4012, 1.40231

What it said to watch

  • Break below 1.40047 opens the 1.4000 round number
  • A reclaim of 1.40120 would stall the lower-high sequence
  • Canada CPI at 12:30 UTC could materially shift this read

03:02 UTC

Downtrend, grinding lower · RSI 37 · price 1.40076

Lower highs after gap-up rejection.

Thin Asia open after the weekend; the early gap-up to 1.40213 was rejected and price has ground steadily down to the session low at 1.40047, sitting below EMA20/50. CAD strength on the oil bid keeps the pair pressing the 1.40 handle, RSI(14) cooling near 36.

Support: 1.40047, 1.4000

Resistance: 1.4013, 1.40213

What it said to watch

  • M15 close below 1.40047 opens the 1.40000 round number
  • Reclaim of 1.40130 ema20 would ease the drift lower
  • Thin Asian liquidity can exaggerate moves until London open

03:02 UTC

Downtrend, grinding to lows · RSI 38 · price 1.40076

Lower highs, lower lows.

USDCAD spiked to 1.40231 at the fresh-week open then rejected, grinding lower in a clean chain of lower highs to sit near the 1.40047 session low. Oil strength and a firmer CAD keep the pair pressing toward the sub-1.40 area, consistent with the week's grind lower.

Support: 1.40047, 1.4000

Resistance: 1.40149, 1.40231

What it said to watch

  • Close below 1.40047 extends the lower-low sequence toward the 1.4000 psych level
  • Reclaim of 1.40149 lower high would neutralise the downtrend read
  • Canada CPI (12:30 UTC) is the main catalyst and can reset this read

02:46 UTC

Intraday downtrend, grinding lower · RSI 33 · price 1.40057

Lower highs into session low.

Monday open gapped down from 1.40174, spiked to a session high 1.40231, then bled steadily lower through Asia to a fresh session low near 1.40047. Chain of lower highs intact with RSI(14) in the low 30s; price pinned at the 1.4006 lows.

Support: 1.40047, 1.4000

Resistance: 1.40174, 1.40231

What it said to watch

  • Close below 1.40047 opens the 1.40000 round number
  • Reclaim of 1.40174 gap level needed to break the lower-high chain
  • Canada CPI later today could shift this read

02:46 UTC

Downtrend, grinding into 1.4000 · RSI 34 · price 1.40057

Lower highs, lower lows.

USDCAD ground lower through the session from the 1.40231 high to a fresh low at 1.40047, price now pinned to 1.4006 with RSI(14) sub-35. CAD firm on the oil bid keeps the pair pressing the 1.3981 downside magnet Scotia flagged; no bounce structure yet on this TF.

Support: 1.40047, 1.4000, 1.3981

Resistance: 1.4013, 1.40231

What it said to watch

  • Close below 1.40000 opens the path to 1.3981
  • Reclaim of 1.40130 breaks the sequence of lower highs
  • Canada CPI / US PMI risk this week could reset this read

02:32 UTC

Intraday downtrend, RSI oversold · RSI 17 · price 1.40068

Lower highs, lower lows from session high.

Monday Asia open saw USDCAD spike to a session high of 1.40231 then grind steadily lower to the 1.40057 session low, with RSI(14) pressed into deep oversold near 17. CAD stays underpinned by the week's oil surge; price now sits pinned at the lows into Canada CPI.

Support: 1.40057, 1.3981

Resistance: 1.4012, 1.40231

What it said to watch

  • Canada CPI at 12:30 UTC is the key near-term catalyst for this pair
  • Break below 1.40057 extends the lower-low sequence toward the 1.3981 fib target
  • Reclaim of 1.4012 would ease the oversold pressure and stall the decline

02:32 UTC

Downtrend, thin Asian grind lower · RSI 34 · price 1.40068

Lower highs, lower lows off session high.

Asian session opened with a spike to 1.40213 that was faded, and price has ground steadily lower back to the session low near 1.40057 on thin volume. RSI(14) soft in the mid-30s, ATR compressed to ~3 pips — a stalling market ahead of Canada CPI.

Support: 1.40057, 1.4000

Resistance: 1.40128, 1.40213

What it said to watch

  • Canada CPI 12:30 UTC (HIGH) could materially reshape this read
  • Close below 1.40057 opens the path to the 1.40000 psych level
  • Reclaim of 1.40128 negates the lower-highs sequence

02:17 UTC

Downtrend, at session lows · RSI 33 · price 1.40064

Gap-down open, lower highs and lower lows.

New week opened with a gap lower, a brief pop to the 1.40213 session high, then a steady grind back down to the 1.40057 session low where price now sits. RSI(14) near 33 and price below both EMAs; sellers have controlled every bounce during the Asia session.

Support: 1.40057, 1.4000

Resistance: 1.4012, 1.40213

What it said to watch

  • M15 close below 1.40057 opens the 1.40000 psych level
  • Recovery above 1.40120 would ease the intraday downside pressure
  • Canada Retail Sales and Fri PMIs are the week's catalysts for this pair

02:16 UTC

Downtrend, steady grind lower · RSI 34 · price 1.40064

Lower highs and lower lows since gap.

USDCAD gapped down into the Asia open, spiked to 1.40231, then bled steadily lower to a session low at 1.40057, printing clean lower highs the whole way. Price sits below both EMAs with RSI(14) in the low 30s; CAD firm on the week's oil surge underpins the drift.

Support: 1.40057, 1.4000

Resistance: 1.40123, 1.40231

What it said to watch

  • Reclaim of 1.40123 breaks the lower-high chain
  • Loss of 1.40057 opens the 1.40000 round number
  • Canada CPI 12:30 UTC could reshape this read

02:02 UTC

Downtrend, drifting to session low · RSI 39 · price 1.40068

Lower highs pressing the 1.40 handle.

New week opened with a pop to 1.40231 in Asia, then a steady drift of lower highs back onto the 1.40 handle, pressing the one-month low near 1.40065. Move tracks the CAD outperformance on firm crude; RSI(14) mid-30s, no oversold extreme yet.

Support: 1.40065, 1.4000, 1.3981

Resistance: 1.4019, 1.40231

What it said to watch

  • A close back above 1.40190 breaks the lower-high chain
  • Loss of 1.40065 / 1.40 psych opens 1.3981 (38.2% fib) as the next downside pivot
  • Canada CPI 12:30 UTC could materially shift this read

02:02 UTC

Downtrend, grinding back to lows · RSI 38 · price 1.40068

Spike faded, lower highs into 1.40.

Asia session opened with a spike to 1.40231, since fully faded in a chain of lower highs back to the 1.40 psychological handle and session low at 1.40065. RSI(14) sits soft near 37 with ATR compressed to ~3.6 pips; USDCAD pressing one-month lows as crude strength weighs on the pair.

Support: 1.40065, 1.4000, 1.3981

Resistance: 1.40231, 1.40194

What it said to watch

  • Close above 1.40231 invalidates the downdrift read
  • Break below 1.40000 opens the 1.3981 fib pivot
  • Canada CPI at 12:30 UTC could materially shift this read

01:47 UTC

Downward drift, lower highs · RSI 36 · price 1.40095

Session-high rejection, stair-stepping lower.

Monday Asia open spiked to 1.40231 then rejected, and price has bled lower through the session to 1.40095, pressing the 1.40 psychological handle. RSI cooling into the mid-30s on thin ~3-pip ATR; lower highs remain intact with the 38.2% fib near 1.40136 capping bounces.

Support: 1.40078, 1.4000

Resistance: 1.40136, 1.40231

What it said to watch

  • Canada CPI Mon 12:30 UTC is the next catalyst and could reset this read
  • Close below 1.40000 / 1.40078 opens the path toward 1.3981
  • Reclaim of 1.40136 fib negates the lower-high sequence

01:46 UTC

Intraday drift lower, lower highs · RSI 39 · price 1.40095

Fading a post-gap pop, descending highs.

USDCAD gapped lower into the new week's open then popped to a session high at 1.40231 before fading in a chain of lower highs down to 1.40095, RSI(14) cooling near 39. Crude strength keeps CAD firm and the pair pinned near one-month lows around the 1.40 psych level. Canada CPI at 12:30 UTC is the next test.

Support: 1.40078, 1.4000, 1.3981

Resistance: 1.40202, 1.40231

What it said to watch

  • Close below 1.40078 / 1.40 psych opens the 1.3981 pivot
  • Reclaim of 1.40231 session high negates the lower-high sequence
  • Canada CPI in ~11h could materially shift this read

01:32 UTC

Downtrend, faded from session high · RSI 39 · price 1.40093

Post-gap spike rejected, drifting to 1.40 psych.

Asia reopened with a gap spike to 1.40231, immediately rejected and grinding lower into the 1.40 psych level in thin early trade. RSI(14) cooling near 38 with ATR barely 5 pips; steady lower highs off 1.40231 keep price pinned to the session low.

Support: 1.4000, 1.40052

Resistance: 1.40231, 1.4019

What it said to watch

  • M15 close below 1.40000 opens the path toward 1.3981
  • Reclaim of 1.40190 negates the session-high fade
  • Canada CPI 12:30 UTC could materially shift this read

01:31 UTC

Short-term drift lower · RSI 37 · price 1.40093

Lower highs off session spike, pressing session low.

Asian session opened with an early spike to 1.40231 that was rejected, and price has since bled back toward the session low near 1.40065 in a lower-high sequence. RSI(14) sub-40, USD/CAD pinned near one-month lows around the 1.40 psych level as firm crude keeps CAD supported.

Support: 1.40065, 1.4000

Resistance: 1.4019, 1.40231

What it said to watch

  • Close below 1.40065 opens the 1.40 psych level
  • Reclaim of 1.40190 would negate the lower-high drift
  • Canada CPI at 12:30 UTC could materially shift this read

01:16 UTC

Pullback off session high, momentum fading · RSI 40 · price 1.40117

Lower highs since spike, drifting toward 1.40.

Post-weekend gap opened at 1.40065 and spiked to the session high 1.40231 before fading steadily through early Asia hours to 1.40117. RSI(14) cooling near 40 and price back below EMA20/50; the 1.40 psych level and 1.40065 low sit just underneath.

Support: 1.40065, 1.4000

Resistance: 1.40231, 1.4019

What it said to watch

  • M15 close below 1.40065 opens the 1.40 psych level
  • Reclaim of 1.40231 negates the pullback read
  • Canada CPI at 12:30 UTC could reset intraday structure

01:16 UTC

Range with intraday pullback · RSI 42 · price 1.40117

Post-open spike faded, lower highs.

Thin Sunday open gapped in and spiked to 1.40231 before fading back toward the 1.40065 session low, with a chain of lower highs since. Price sits below EMA20/50 in low-vol summer trade; Canada CPI at 12:30 UTC is the near-term catalyst.

Support: 1.40065, 1.4000

Resistance: 1.40231, 1.4020

What it said to watch

  • M15 close back above 1.40231 negates the lower-high sequence
  • Break of 1.40065 opens the 1.40000 psych level
  • Canada CPI at 12:30 UTC could reset this thin-liquidity read

01:03 UTC

Intraday downtrend, drifting to session low · RSI 39 · price 1.40104

Lower highs off session spike high.

USDCAD spiked to 1.40231 at the session open then bled lower on a chain of lower highs, now pressing the 1.40104 area just above the 1.40065 session low. Price sits below EMA20/50 with RSI(14) near 38; the 1.40 psych level and 1.3981 retracement sit just beneath as CAD stays firm on strong crude.

Support: 1.40065, 1.4000, 1.3981

Resistance: 1.4019, 1.40231

What it said to watch

  • M15 close below 1.40065 opens the 1.40 psych and 1.3981 retracement
  • Reclaim of 1.40190 negates the lower-high sequence
  • Canada CPI 12:30 UTC could materially shift this read

01:03 UTC

Downtrend, consolidating near lows · RSI 40 · price 1.40104

Range within Asian session, faded off the high.

Asian session opened near 1.4007 and spiked to 1.40231 before sellers faded it, dragging price back to the low-1.401s and just above the session low. USDCAD is pinned near one-month lows around the 1.40 handle as firmer crude keeps CAD supported; RSI(14) soft near 39.

Support: 1.40065, 1.4000, 1.3981

Resistance: 1.40231, 1.40174

What it said to watch

  • Failure to hold 1.40065 confirms a lower low toward the 1.40 psych level and 1.3981
  • M15 close above 1.40231 negates the session-high rejection
  • Canada CPI at 12:30 UTC could materially shift this read

00:47 UTC

Range, slight downward drift · RSI 46 · price 1.40142

Asia-open spike faded, back mid-range.

Thin Asia-session open spiked to 1.40231 before fading back to 1.40142, RSI(14) neutral near 46 and volume light. Price holding the mid of a tight 1.40065–1.40231 range near the 1.40 psych level, sitting just under EMA20.

Support: 1.40065, 1.4000, 1.3981

Resistance: 1.40231

What it said to watch

  • M15 close above 1.40231 session high breaks the Sunday-open range
  • Failure to hold 1.40065 opens the 1.40 psych level then 1.3981 38.2% fib
  • Canada CPI 12:30 UTC could materially shift this read

00:46 UTC

Range, fading from session high · RSI 46 · price 1.40142

Gap-up open, drifting back toward 1.40.

Thin Sunday/Asia open gapped higher and tagged 1.40231 before fading back toward the 1.40 psych level, RSI(14) hovering mid-40s. Price is compressing between the session low at 1.40065 and prior high at 1.40174 with no clear directional push in low-volume trade.

Support: 1.40065, 1.4000

Resistance: 1.40174, 1.40231

What it said to watch

  • M15 close above 1.40231 reopens the session-high test
  • Break below 1.40065 exposes the 1.40 psych level
  • Canada CPI at 12:30 UTC could materially shift this read

00:31 UTC

Range, drifting off session high · RSI 44 · price 1.40153

Consolidation near 1.40 psych.

New week opened quietly near the one-month low around 1.40; an early spike to 1.40231 was rejected and price has since faded back to 1.4015 in thin summer conditions. Ranging between 1.4013 and 1.4023, no clean setup in play.

Support: 1.4013, 1.4000

Resistance: 1.40231, 1.40194

What it said to watch

  • Canada CPI at 12:30 UTC could materially shift this read
  • M15 close above 1.40231 reopens the session high
  • Loss of 1.40130 exposes the 1.40 psych level

00:31 UTC

Choppy, no clear direction near 1.40 · RSI 47 · price 1.40153

Ranging after weekend gap and fade.

Weekend gap lower to 1.40065 was quickly reclaimed; early Asia session spiked to 1.40231 then faded back toward 1.40 with RSI cooling to the mid-40s. Ranging 1.40065–1.40231, no setup in play ahead of Canada CPI.

Support: 1.40065, 1.3981

Resistance: 1.40231, 1.40174

What it said to watch

  • Close below 1.40065 opens 1.3981 (38.2% retr)
  • Reclaim of 1.40231 session high needed to extend the pop
  • Canada CPI at 12:30 UTC could materially shift this read

00:17 UTC

Consolidating near one-month lows · RSI 48 · price 1.40153

Range after weekend gap, holding 1.40.

Asia session opened after the weekend gap with a pop to 1.40231, then settled back to 1.40153, ranging just above the 1.40 psychological level as crude strength keeps USDCAD pinned near one-month lows. RSI(14) neutral around 48, no momentum edge in thin summer flow.

Support: 1.40065, 1.4000, 1.3981

Resistance: 1.40231, 1.4034

What it said to watch

  • Canada CPI at 12:30 UTC could break this range decisively
  • Break below 1.40065 opens 1.40 psych then 1.3981 pivot
  • M15 close above 1.40231 invalidates the range top

00:16 UTC

Range after gap open, momentum flat · RSI 46 · price 1.40153

Consolidation near one-month lows.

Thin Asia open gapped up and spiked to 1.40231 before fading back to mid-range; price now hovers 1.40150 with RSI(14) flat near 46. Consolidating between 1.40065 and 1.40231, no clean structure in play near one-month lows around 1.40.

Support: 1.40065, 1.4000

Resistance: 1.40231, 1.40396

What it said to watch

  • Canada CPI Mon 12:30 UTC could materially shift this read
  • M15 close below 1.40065 exposes the 1.40 round number
  • Reclaim of 1.40231 reopens the upside toward 1.40396

00:02 UTC

Post-gap recovery, momentum flat · RSI 56 · price 1.40199

Consolidating below session high after gap-down recovery.

Weekend open gapped down toward the 1.40065 low, then buyers reclaimed to a 1.40231 session high before pinning into a tight range around 1.40190 in thin Asian-session trade. RSI(14) is mid-range and ATR is compressed near 4 pips; no directional development yet.

Support: 1.4013, 1.40065, 1.4000

Resistance: 1.40231

What it said to watch

  • Canada CPI at 12:30 UTC (~12h out) is the next catalyst and could break this range
  • M15 close above 1.40231 session high extends the recovery leg
  • Loss of 1.40065 gap low reopens the 1.40000 psych level

00:02 UTC

Consolidation near one-month lows · RSI 56 · price 1.40199

Range-bound around 1.40 after Friday slide.

Thin Monday Asia open popped off 1.40065 to tag 1.40231, then flattened into a tight 1.4018-1.4021 range with USDCAD pinned near one-month lows around the 1.40 psych level. Crude strength keeps the pair heavy, and price holds just above its short EMAs with RSI mid-range.

Support: 1.40065, 1.4000, 1.3981

Resistance: 1.40231, 1.40408

What it said to watch

  • Canada CPI at 12:30 UTC is the next catalyst and could break this range
  • M15 close below 1.40065 opens the 1.40 psych and 1.3981 fib pivot
  • Close above 1.40231 reclaims the session high

All markets that day · Today’s USD/CAD Live Scan in the terminal