USD/CAD AI Live Scan, 1-hour chart, Thursday, 23 July 2026
Every read JAFX AI made on the USD/CAD 1-hour chart that day, newest first: trend, structure, the levels it marked and what it said to watch.
23:02 UTC
Uptrend faded, now consolidating · RSI 51 · price 1.40823
Pullback from week high, holding above 1.4056.
Pair rose steadily from Monday's 1.4004 open into a 1.41105 week high midweek, then faded back toward 1.408 as WTI's rally underpinned CAD and a soft USD capped the upside. Price is now consolidating just above EMA20 with RSI(14) hovering near 50; the 1.40564 swing low has held on the pullback while session highs stall around 1.4099. Thin Canadian calendar leaves oil and trade headlines in charge.
Support: 1.40564, 1.4019
Resistance: 1.40993, 1.41105
What it said to watch
Hourly close above 1.41105 reopens the week-high uptrend
Failure to hold 1.40564 exposes the 1.4019 weekly open
US flash PMIs Fri 13:45 UTC could shift the USD read
23:02 UTC
Rolled over from mid-week high, consolidating · RSI 50 · price 1.40823
Range after rejection near 1.4110.
USDCAD opened Monday near 1.4012 and rallied through the mid-week sessions to a 1.4110 peak before rolling over, with rising WTI cushioning CAD and capping the upside. Price has since drifted into a 1.4056–1.4100 range, buyers stepping in twice around 1.4056 while supply caps just under the 1.4100 psych level. RSI(14) is neutral near 50 and price is hugging EMA20 after the pullback.
Support: 1.40564, 1.4065, 1.4080
Resistance: 1.4100, 1.41105
What it said to watch
H1 close above 1.4100 psych reopens the 1.41105 week high
Failure to hold 1.4056 swing low confirms a lower-low
US flash PMIs Fri 24 Jul could materially shift this read
22:03 UTC
Uptrend faded, now consolidating · RSI 50 · price 1.40799
Range below weekly high after double top.
USDCAD climbed off Monday's 1.4019 open to a 1.4110 double top by Wednesday's NY session, then rolled over as rallying oil cushioned CAD despite a firm USD. Price has since traced lower highs and settled into a 1.4076–1.4099 range, sitting on EMA20 with RSI(14) hovering near 50. The 1.4110 weekly high capped two attempts and remains the ceiling.
Support: 1.4076, 1.4056
Resistance: 1.4099, 1.4110
What it said to watch
H1 close above 1.4110 negates the double top and reopens the weekly high
Loss of 1.4056 confirms a lower low below this week's range
US flash PMIs (Fri 13:45 UTC) could shift the USD leg materially
USDCAD climbed from Monday's 1.4004 open to a week high at 1.4110 before easing back into a 1.4060–1.4090 range, with rising WTI cushioning CAD against a firm-but-stalling USD. Price is pinned around EMA(20) with RSI(14) cycling near 53, and the 1.4110 confluence has capped the advance while shallow pullbacks hold above the 38.2% fib. Soft Canadian CPI and a BoC pause keep the broader bid intact, but the week-high rejection has stalled momentum.
Support: 1.4060, 1.4044, 1.4023
Resistance: 1.4085, 1.4110, 1.4150
What it said to watch
H1 close above 1.4110 opens the path toward 1.4150
Failure to hold 1.4060 confirms a lower low toward weekly open 1.4023
US flash PMIs (24 Jul 13:45 UTC) could materially shift the USD leg
USDCAD rallied from Monday's 1.40028 low to a mid-week peak at 1.41110, where two attempts were rejected before price faded through the back half of the week. It now consolidates around 1.40836, holding just above EMA20 while the sub-1.4100 grind persists on firm oil against a steady USD. RSI(14) sits mid-range near 52 after the pullback bottomed into the 1.40564 swing low.
Support: 1.4077, 1.40564
Resistance: 1.40993, 1.4111
What it said to watch
H1 close above 1.4100 reopens the 1.41110 week high
Loss of 1.40564 swing low confirms a lower low
US flash PMIs Fri 13:45 UTC could shift the USD leg
USDCAD rallied into midweek to a week high of 1.41110 before rejection there, then pulled back to demand near the 1.40607 swing low, with soft Canadian CPI and firmer oil pulling in opposite directions. Price is now consolidating around the EMA20 (~1.40780) with RSI(14) mid-range, still capped below the 1.4100 psych level. The 1.4060 shelf has held on the recent recovery.
Support: 1.40607, 1.4078, 1.40036
Resistance: 1.4100, 1.4111
What it said to watch
H1 close above 1.4100 and the 1.41110 week high opens the path toward 1.4150
Failure to hold 1.40607 swing low confirms a lower low toward the 1.40036 week low
US flash PMIs Fri 13:45 UTC could materially shift this read
USDCAD opened Monday near 1.4010 and rallied through midweek to a 1.4111 peak before rolling over to 1.4060; price has since consolidated around 1.4080, sitting just above EMA(20) but under EMA(50). The 1.4099-1.4111 zone capped two attempts this week as rising WTI kept a bid under CAD, while soft Canadian CPI and Fed-BoC divergence cushioned the downside. RSI(14) is neutral near 49 after cycling off the midweek highs.
Support: 1.4078, 1.4064, 1.40564
Resistance: 1.4099, 1.4111
What it said to watch
H1 close above 1.4099 prior high reopens 1.4111 week high
Loss of 1.4064 swing low exposes 1.4056 session low
US S&P Global PMIs could shift the USD leg into the NY session
20:02 UTC
Uptrend stalled, now consolidating · RSI 52 · price 1.40838
Range after midweek peak.
USDCAD climbed from Monday's 1.4007 weekly open to a 1.4111 week high midweek, with rising oil on Mideast supply risk cushioning CAD and soft Canadian CPI capping the Loonie. Since that peak price has rolled over and settled into a 1.4064–1.4099 range, now sitting on EMA20 with RSI neutral near 52. The prior high at 1.4099 has capped the latest bounce while demand held the 1.4064 range low.
Support: 1.4064, 1.40564, 1.40065
Resistance: 1.4099, 1.4111
What it said to watch
H1 close above 1.4099 opens a retest of the 1.4111 week high
Loss of 1.4064 exposes the 1.4056 swing low
S&P Global US PMIs Fri 13:45 UTC could break the range
USDCAD pushed to the week high 1.41105 midweek before rolling over into a series of lower highs; price now sits back at EMA20 around 1.4076 after a rejection near 1.4099 in the NY session. The pair stays pinned in the 1.4056–1.4110 band as oil-led CAD strength offsets a softer-growth USD read, with today's in-line-to-soft Canadian Retail Sales failing to break structure. RSI(14) is neutral near 48, consistent with the sideways tone.
Support: 1.40564, 1.4000
Resistance: 1.40913, 1.41105
What it said to watch
H1 close above 1.40913 prior high reopens the 1.41105 week high
Failure to hold the 1.40564 swing low confirms a lower low toward the 1.40000 psych floor
Oil / US-Iran headlines could shift the CAD leg and break the range
19:02 UTC
Rangebound, no clear direction · RSI 51 · price 1.40764
Range 1.4056-1.4110, price mid-range.
USDCAD has been pinned in a 1.4056-1.4110 band all week, matching the digest's 1.4000-1.4100 range read as soft Canadian CPI offsets an oil-led CAD bid. The mid-week push to 1.4110 was rejected and the pullback found demand near 1.4056; price now sits back at EMA(20) with RSI(14) hovering around 50. Two attempts near 1.4100 have capped the upside.
Support: 1.4056, 1.4000
Resistance: 1.4100, 1.4110
What it said to watch
H1 close above 1.4100 opens the path to the 1.4110 week high
Failure to hold 1.4056 confirms a lower low toward the 1.4000 psych floor
US S&P Global PMIs Fri 13:45 UTC could shift the USD leg of this range
Consolidating below week high, lower highs from 1.4110.
USDCAD is pinned in the well-flagged 1.4000-1.4100 band, with price recovering off Tuesday's 1.4061 swing low back to 1.4080 as an oil-led CAD bid met soft-CPI/tariff drags. The mid-week peak at 1.4110 has capped since, and price is now cycling around EMA20 with RSI(14) flat near 50. Today's in-line Canadian Retail Sales did little to disturb the range.
Support: 1.4061, 1.4004, 1.4000
Resistance: 1.4100, 1.4110
What it said to watch
H1 close above 1.4100 opens the path back to the 1.4110 week high
Loss of 1.4061 confirms a lower low, exposing the 1.4000 psych floor
US S&P Global PMIs Fri 13:45 UTC could shift this read via the USD leg
Sideways range 1.4000-1.4100, holding above this-week lows.
USDCAD ran from Monday's 1.4004 open up to a 1.4111 week high midweek before an oil-led CAD bid dragged it back into the 1.4056-1.4100 band. The 1.4100 confluence has capped repeated attempts and price is now pinned near EMA20 with RSI(14) cycling around 50. Range top respected, this-week lows near 1.4056 also holding.
Support: 1.4056, 1.4000
Resistance: 1.4100, 1.4111
What it said to watch
H1 close above 1.4100 range top would open a retest of the 1.4111 week high
Failure to hold 1.4056 swing low exposes the 1.4000 psych floor
S&P Global PMIs Fri 13:45 UTC could break this range on a real miss/beat
WTI direction remains the dominant CAD lever into the weekend
17:03 UTC
Range, no clear direction · RSI 51 · price 1.4077
Sideways within this-week's 1.4000–1.4110 band.
USDCAD has spent the week pinned in a 1.4000–1.4110 band, rallying off Monday's low into a Wednesday peak at 1.4110 before rolling back to mid-range. The pullback stalled near 1.4056 and a recovery attempt was rejected around 1.4099 in the NY session, leaving price sitting on the H1 EMA(20) near 1.4077. Retail Sales landing in line today did little to shift the oil-led CAD tone that keeps the pair capped.
Support: 1.4056, 1.4000
Resistance: 1.4099, 1.4110
What it said to watch
H1 close above 1.4110 opens the path back toward the range top and 1.4150
Failure to hold 1.4056 exposes the 1.4000 psych floor
US Flash PMIs Fri 13:45 UTC could break this range on the USD leg
USDCAD is pinned in a 1.4000–1.4110 range this week, with the leg up into 1.4110 mid-week fading back toward the EMA(20) as oil-led CAD demand offset the mixed Canadian data (Retail Sales headline in line, ex-autos a slight miss). Price is hugging the EMA(20)/EMA(50) cluster near 1.4078 with RSI(14) cycling around 48, showing no directional conviction. The 1.4056 swing low was defended into the NY session and buyers lifted price back toward 1.4090.
Support: 1.4056, 1.4000
Resistance: 1.4090, 1.4110
What it said to watch
H1 close above 1.4110 breaks the range top and opens 1.4150
Loss of 1.4056 exposes the 1.4000 psych floor
US flash PMIs Fri 13:45 UTC could shift the USD side of this read
USDCAD has been pinned in a 1.4000–1.4110 band all week: it rose off Monday's open, peaked near 1.4110 midweek, then faded to a 1.4064 swing low before recovering into the NY session to reclaim the EMA20. The pullback lines up with the oil-led CAD bid noted in the macro read, while dip-buying near the 1.4000 psych floor keeps the range intact. RSI(14) is cycling around the mid-50s — neutral, consistent with the sideways structure.
Support: 1.4078, 1.4064, 1.4000
Resistance: 1.4100, 1.4110
What it said to watch
H1 close above 1.4110 week high invalidates the range read
Failure to hold 1.4064 swing low reopens the 1.4000 psych floor
Fri 13:45 UTC US S&P Global PMIs could shift the USD leg and this range read
16:02 UTC
Range-bound, recovering off lows · RSI 58 · price 1.40886
1.4056–1.4110 range after mid-week pullback.
USDCAD opened near 1.4010 Monday and rallied to a 1.4111 week high by Wednesday's NY session before rolling back into a 1.4056–1.4110 range. Price has recovered through the NY session today off the 1.4064 range low, back above EMA20 with RSI cycling back above 50; CAD support from firmer oil is offsetting the dovish-BoC drag while 1.4100 confluence caps rallies. Price sits mid-range at 1.4088.
Support: 1.4064, 1.4076, 1.4000
Resistance: 1.4100, 1.4111
What it said to watch
H1 close above 1.4100 confluence opens the 1.4111 week high
Failure to hold 1.4064 range low reopens the 1.4000 psych floor
S&P Global US PMIs Fri 13:45 UTC could shift this range read
15:02 UTC
Range after midweek peak, mild recovery · RSI 55 · price 1.40872
Consolidation between 1.4060 and 1.4110.
USDCAD rallied from Monday's open near 1.4005 to a midweek high at 1.4110, then pulled back to the 1.4060 area and is now recovering into the 1.4090 zone during NY hours. Soft Canadian CPI kept a bid under the pair this week while a firmer oil tape offset, leaving price boxed between 1.4060 and 1.4110. Price sits just above both EMAs with RSI(14) cycling mid-range, consistent with a range rather than a fresh impulse.
Support: 1.4065, 1.4000
Resistance: 1.4091, 1.4110
What it said to watch
H1 close above 1.4110 reopens the upside toward 1.4150
Loss of 1.4060 exposes the 1.4000 psych floor
S&P Global PMIs Fri 13:45 UTC could shift the USD leg
Since Monday's open near 1.4009 the pair rallied to 1.4110 midweek where two attempts stalled, then rolled back toward the 1.4060 area before finding demand and recovering into the NY session to 1.4087. The 1.4000–1.4100 range holds intact, matching the oil-vs-tariff tug-of-war in the CAD read; RSI(14) is cycling mid-range around 54. Price sits back above EMA20 but the EMA50 near current levels is capping the recovery.
Support: 1.4060, 1.4000
Resistance: 1.4100, 1.4110
What it said to watch
H1 close above 1.4100 reopens the 1.4110 week high
Failure to hold 1.4060 exposes the 1.4000 psych floor
US S&P Global PMIs Fri 13:45 UTC could shift the USD leg
14:03 UTC
Rangebound, pulling back from week high · RSI 52 · price 1.40765
Range between 1.4000 floor and 1.4100 cap; mid-range after retrace.
USDCAD rose off the 1.4000 floor early week to a 1.4110 high mid-week, where the 1.4100 range cap rejected two attempts. Price has since retraced into the NY session, finding demand near 1.4056 — roughly the 50% mark of the week's advance — and now sits back at the EMA20 around 1.4077. Soft June CPI and tariff headlines cap CAD while a firmer oil bid keeps dips supported, leaving the pair chopping mid-range.
Support: 1.4077, 1.4056, 1.4000
Resistance: 1.4100, 1.4110
What it said to watch
H1 close above 1.4100 range cap reopens the 1.4110 week high
Failure to hold 1.4056 swing low exposes the 1.4000 psych floor
US S&P Global PMIs Fri 13:45 UTC could shift the USD leg
14:02 UTC
Off highs, consolidating · RSI 50 · price 1.40765
Week impulse rejected, lower highs into pullback.
USDCAD rallied from Monday's 1.4003 base to a 1.4111 week high into Wednesday's NY session before rejecting and fading. Price has since consolidated around the EMA20 near 1.4076 after basing at the 1.4056 week low, with lower highs capping the recovery near 1.4091. RSI(14) sits near 50 as the pair chops between oil-driven CAD strength and a soft-but-supported USD.
Support: 1.4076, 1.4064, 1.4056
Resistance: 1.4091, 1.4111
What it said to watch
H1 close above 1.4091 reopens the 1.4111 week high
Loss of 1.4056 week low confirms a lower low
US S&P Global PMIs Fri 13:45 UTC could shift this read
13:03 UTC
Midweek uptrend, momentum faded into range · RSI 52 · price 1.40816
Consolidation below week high after pullback.
USDCAD rallied off Monday's 1.40036 low to a 1.41105 week high midweek, then rolled over as a firm oil bid capped the pair sub-1.4100. Since then price has consolidated between 1.40640 and 1.40900, with the recent recovery to 1.40816 lifting it back above EMA20 while EMA50 still caps overhead. RSI(14) has cycled back to the mid-50s off the 1.4060 base, matching the two-sided CAD read of soft CPI/tariffs versus higher WTI.
Support: 1.4064, 1.4056, 1.4000
Resistance: 1.4090, 1.41105
What it said to watch
H1 close above 1.40900 session cap reopens the 1.41105 week high
Failure to hold 1.40640 week low exposes 1.40560 and the 1.40000 psych floor
US S&P Global flash PMIs Fri 13:45 UTC could shift the range
WTI/Hormuz headlines remain the swing driver for CAD
13:02 UTC
Midweek rally, now correcting · RSI 53 · price 1.40816
Higher-lows into a capped range top.
USDCAD rallied off Monday's 1.40028 low to a week high at 1.41105 midweek, but supply capped the 1.41000 confluence and price corrected to 1.40564 before recovering into the NY session. A firm oil bid keeps the pair pinned sub-1.4100 while RSI(14) cycles around the 50 mark. Price holds above the H1 EMA(20) but sits just under the EMA(50) after the pullback.
Support: 1.40564, 1.40028, 1.4000
Resistance: 1.40908, 1.41105, 1.4100
What it said to watch
H1 close above 1.41000 confluence reopens the 1.41105 week high
Failure to hold 1.40564 confirms a lower low toward the 1.40000 psych floor
USDCAD carved a mid-week rally from the 1.4003 low to a 1.41105 peak, then rejected and pulled back into the 1.4060-1.4110 range flagged by the CAD story, with rallying oil offsetting soft Canadian CPI. Price has recovered off the 1.4056 swing low back above EMA20 into the NY session, RSI cycling around the mid-50s. The 1.40908 day high has capped the latest bounce.
Support: 1.40564, 1.40077, 1.4000
Resistance: 1.40908, 1.41105
What it said to watch
Canada Retail Sales 12:30 UTC could break the 1.4060-1.4110 range
H1 close above 1.40908 reopens the 1.41105 week high
Loss of 1.40564 confirms a lower low
12:02 UTC
Range-bound, recovering off lows · RSI 52 · price 1.40797
Range, holding 1.4000-1.4100.
USD/CAD has held the 1.4000-1.4100 range all week; the impulse off the 1.4004 low peaked at the 1.4111 week high before a two-session drift back to the 1.4060 swing low. Price is now recovering into EMA20 with RSI(14) cycling near mid-range and a sequence of lower highs off the peak. Oil strength on US-Iran tensions is underpinning CAD, keeping USD/CAD capped below 1.4100.
Support: 1.4060, 1.4000
Resistance: 1.4091, 1.4111
What it said to watch
Canada Retail Sales at 12:30 UTC could shift the range read
H1 close above 1.4091 session high reopens 1.4111
Failure to hold 1.4060 swing low opens the 1.4000 psych level
11:02 UTC
Early-week uptrend, now pulled back into range · RSI 55 · price 1.4083
Double top at week high, recovering off support.
USDCAD rallied from Monday's ~1.4005 low to a double top around 1.4110 mid-week before fading to 1.4060 support, with rising oil supporting CAD and a soft DXY capping the topside. Price is recovering through the NY session back toward 1.4085, sitting above EMA20 but pressing the descending lower-highs line off the 1.4110 peak. RSI(14) has cycled back to the mid-50s as the pullback stabilised.
Support: 1.4060, 1.4000
Resistance: 1.4090, 1.4110
What it said to watch
H1 close above 1.4110 negates the double top
Failure to hold 1.4060 opens the 1.4000 psych level
Canada retail sales / US jobless claims 12:30 GMT could break the 1.4060-1.4110 range
The week rallied from the 1.4000 psych area to a 1.4110 high mid-window, then retraced roughly 50% into 1.4056 before buyers stepped in through the last NY-to-Asia hours; price now sits back mid-range near 1.4083 with RSI(14) recovering through the mid-50s. Oil strength on US-Iran headlines has kept the Loonie firm while the pair holds the 1.4000–1.4110 band. Lower highs off the 1.4110 peak still cap the upside.
Support: 1.4056, 1.4000
Resistance: 1.4093, 1.4110
What it said to watch
Canada Retail Sales 12:30 UTC could shift this range read
H1 close above 1.4093 then 1.4110 opens the path back to range top
Failure to hold 1.4056 confirms a lower low toward 1.4000
USDCAD rallied from Tuesday's 1.4004 low to a 1.4110 week high on Wednesday before fading through the NY session, printing a sequence of lower highs. Price found demand twice near 1.4060 and has ticked back to 1.4081, sitting just above EMA20 with RSI(14) cycling mid-range. The tape reflects the CAD standoff — soft June CPI and fresh US tariffs against a firm WTI bid — keeping the pair pinned below the 1.4100 confluence.
Support: 1.4056, 1.4004
Resistance: 1.4094, 1.4110
What it said to watch
Canada Retail Sales at 12:30 UTC (~175m) could shift this read
H1 close above 1.4094 reopens the 1.4110 week high
Loss of 1.4056 confirms a lower-low and exposes 1.4004
USDCAD ran from Monday's low near 1.4003 up to 1.4111 by Wednesday's NY session, then rolled over into a rounded top as soft Canadian CPI and fresh US tariffs were offset by a firm oil-led CAD bid and a second day of USD softness. Price bottomed at 1.4056 and is now retesting the lower-highs structure into 1.4080, back above EMA(20) but capped under EMA(50) with RSI(14) recovering around 50.
Support: 1.40564, 1.4000
Resistance: 1.40945, 1.41105
What it said to watch
Canada Retail Sales at 12:30 UTC (~175 min) is the nearest catalyst and could shift this read
H1 close above 1.40945 reopens the path toward the 1.41105 week high
Failure to hold 1.40564 confirms a lower low and extends the pullback toward 1.4000
USDCAD rolled over from midweek's 1.4110 week high, printing lower highs through the NY session as firm WTI kept the pair defensive below the 1.4100/200-SMA confluence. Price is chopping around EMA20 near 1.4080 after basing at the 1.4056 swing low, with RSI(14) cycling in the mid-40s as upside momentum faded. The June CPI-driven leg up off the 1.4000 psych floor remains the dominant weekly move.
Support: 1.4056, 1.4000
Resistance: 1.4080, 1.4100, 1.4110
What it said to watch
H1 close above the 1.4100 confluence reopens the 1.4110 week high
Failure to hold the 1.4056 swing low exposes the 1.4000 psych floor
Canada Retail Sales at 12:30 UTC (f/c +1%) could shift this read
09:03 UTC
Uptrend stalling, pulling back · RSI 47 · price 1.40758
Lower highs off Wednesday's peak after 1.4110 rejection.
USDCAD rallied off Monday's 1.4004 week low toward 1.4110 through Tuesday-Wednesday on CAD-negative CPI and fresh US tariffs, but the 1.4110 week high capped repeated attempts and price has since drifted back below EMA(20). RSI(14) has cooled into the mid-40s as lower highs build off Wednesday's peak. The pullback is holding above the 1.4064 swing low into the NY session.
Support: 1.4064, 1.4004, 1.4000
Resistance: 1.4079, 1.4093, 1.4110
What it said to watch
Canada Retail Sales and US jobless claims at 12:30 UTC could shift this read
H1 close back above 1.4093 prior high reopens the 1.4110 week high
Loss of 1.4064 swing low exposes the 1.4004 week low
08:03 UTC
Uptrend stalling, pulling back · RSI 42 · price 1.40698
Lower highs off week high, below EMAs.
USDCAD ran up from the 1.4000 area early in the week to a double top near 1.41110 before rolling over, with rejection there capping two attempts as WTI's push to multi-week highs kept a CAD bid. The pullback has taken price back below the EMA20/50 cluster around 1.40850 and RSI(14) has cycled down toward 40, printing a series of lower highs into the NY session. Demand around the 1.40560 swing low is now the near-term pivot with the 1.4000 psych floor beneath.
Support: 1.4056, 1.4000
Resistance: 1.4085, 1.4111
What it said to watch
Hourly close below 1.40560 opens the path to the 1.4000 psych floor
Reclaim of the 1.40850 ema cluster needed to challenge the 1.41110 week high
Canada Retail Sales at 12:30 UTC could shift this read
08:02 UTC
Rolling over after midweek peak · RSI 43 · price 1.40698
Lower highs off 1.4110, holding above 1.4056.
USDCAD peaked at 1.4110 midweek and has since carved a rounded top, sliding back to 1.4070 as WTI near $86 keeps the Loonie cushioned. Price sits below EMA(20) with RSI(14) rolling toward 42, and the sequence of lower highs off the peak is intact. The 1.4056 session low is the near-term pivot; 1.4090 EMA(20) has capped the last two bounces.
Support: 1.4056, 1.4000
Resistance: 1.4090, 1.4110
What it said to watch
H1 close below 1.4056 confirms a lower low, opening the 1.4000 psych floor
Reclaim above 1.4090 EMA(20) negates the rounded-top read
Canada Retail Sales 12:30 UTC (f/c +1%) could shift this read
07:02 UTC
Uptrend fading, in pullback · RSI 39 · price 1.40659
Higher highs into 1.4110, now retracing off the week high.
USDCAD rallied off Monday's ~1.4000 low toward 1.41105 into Wednesday's NY session, driven by soft Canadian CPI and the Section 338 tariff overhang, before rejecting the week high and slipping back to 1.4066. Price now sits below both EMA20 (~1.4083) and EMA50 with RSI back near 38, marking a pullback within the week's up-leg. Firm oil near $86 remains the CAD offset, keeping the retrace two-sided.
Support: 1.40607, 1.4000
Resistance: 1.4083, 1.41105
What it said to watch
H1 close below 1.4060 recent low confirms a lower low and opens the 1.4000 psych floor
Reclaim of the 1.4083 ema20 is needed to re-challenge the 1.41105 week high
Canada Retail Sales 12:30 UTC could materially shift this read
USDCAD rallied off Tuesday's 1.4000 base to a week high near 1.4110 midweek, then rolled over as WTI firmed toward ~$86 and the USD eased. Price now trades below EMA20 (~1.4085) with a series of lower highs, RSI(14) cycling in the low 40s. The retrace has stalled around 1.4065, roughly the 42% pullback of the week's impulse.
Support: 1.4056, 1.4000
Resistance: 1.4085, 1.4110
What it said to watch
Canada Retail Sales 12:30 UTC could materially shift this read
H1 close below 1.4056 confirms a lower low, opening 1.4000
Reclaim of EMA20 ~1.4085 negates the pullback structure
06:02 UTC
Pullback after mid-week peak · RSI 38 · price 1.40617
Rounded top, lower highs into 1.4060.
USDCAD ran from the 1.4003 base to a 1.4110 week high on the USD safe-haven bid, then rolled over into a rounded top with price now back below both EMAs and RSI(14) sub-40. The pullback has stalled at the 1.4060 session low, roughly the 50% retracement of the week's impulse; the 1.4085 pivot has capped the last two attempts. Firm WTI near $86 is cushioning the Loonie into today's catalyst.
Support: 1.4060, 1.4000
Resistance: 1.4085, 1.4110
What it said to watch
Canada Retail Sales at 12:30 UTC is the near-term catalyst and could shift this read
Hourly close below 1.4060 opens the path toward the 1.4000 psych floor
Reclaim of the 1.4085 pivot would neutralise the rounded-top read
06:02 UTC
Pullback from week high, momentum down · RSI 41 · price 1.40617
Lower highs since Wednesday peak.
USDCAD rallied from the 1.4000 psych floor to a week high at 1.41105 on Wednesday's NY session as broad USD strength and the tariff overhang weighed on CAD, but the pair has since rolled over into a string of lower highs. Price is back below EMA20 (~1.40850) and grinding toward the 1.40607 swing low, with firm WTI cushioning the Loonie on the offset. RSI(14) near 40 confirms the loss of upside momentum.
Support: 1.40607, 1.4000
Resistance: 1.4085, 1.41105
What it said to watch
Canada Retail Sales today 12:30 UTC (f/c +1%) — a beat pressures the pair back toward the 1.4000 psych floor
Loss of the 1.40607 swing low opens the path to 1.4000
Reclaim of EMA20 (~1.40850) would neutralise the lower-high sequence
05:03 UTC
Pullback within this-week uptrend · RSI 40 · price 1.4064
Lower highs off 1.4110 double top.
USDCAD rallied off the ~1.4000 one-month low Tuesday into Wednesday toward 1.4110, where supply capped two attempts and left a double top. Since the NY session the pair has rolled over, slipping back under EMA20/EMA50 to 1.4064 with RSI(14) cooling toward 40 as the tariff/oil crosscurrents keep moves two-sided. The 1.4085-1.4092 pivot now caps, while 1.4060 marks the session low.
Support: 1.4060, 1.4008, 1.4000
Resistance: 1.4092, 1.4111
What it said to watch
Canada Retail Sales today 12:30 UTC (f/c +1%) could reshape this read
Loss of 1.4060 exposes the 1.4008 week low and 1.4000 psych level
Reclaim of the 1.4092 pivot puts the 1.4111 week high back in play
05:03 UTC
Rolling over from week high · RSI 40 · price 1.4064
Lower highs since peak, testing session low.
USDCAD rallied off the 1.4000 area early week to a 1.4110 high before rounding over; price has since slid under EMA20 (~1.4085) and is now pressing the 1.4060 session low with RSI(14) sub-40. The fade tracks a mildly softer USD and firmer WTI cushioning CAD, though soft June CPI and the Aug-19 tariff overhang keep dips shallow near 1.4000.
Support: 1.4060, 1.4000
Resistance: 1.4085, 1.4110
What it said to watch
Canada Retail Sales today 12:30 UTC (f/c +1%) could reset this read
H1 close below 1.4060 session low opens the path toward 1.4000 psych
Reclaim of 1.4085 EMA20 neutralises the rollover
04:02 UTC
Pullback from week high, momentum down · RSI 40 · price 1.40643
Lower highs rolling off 1.4110 weekly high.
USDCAD rebounded off the 1.4000 area early week and pushed to a 1.4110 weekly high, but the advance has rolled over into a rounded top with lower highs since. Price now trades below EMA(20) at 1.40643, with RSI(14) cooling toward 40 as the pullback extends. Soft Canadian CPI and the pending 50% tariff overhang keep the topside heavy, while firm WTI near $86 cushions the downside.
Support: 1.4062, 1.4000
Resistance: 1.4085, 1.4110
What it said to watch
Canada Retail Sales today 12:30 UTC (f/c +1%) is the near-term catalyst
Close below 1.4000 psych would confirm a lower low
Reclaim of the 1.4085 pivot needed to challenge the 1.4110 week high
04:02 UTC
Rolling over from week high · RSI 38 · price 1.40643
Rounded top, printing lower highs.
USDCAD rolled over from the 1.4110 week high and has been carving lower highs since the NY session yesterday, now trading back below EMA20 with RSI(14) around 37. Firm WTI near $86 has cushioned CAD after Monday's soft CPI, dragging the pair off the highs even as the Aug 19 tariff overhang caps the downside. Price is holding just above the 50% retrace of the week's 1.4008–1.4110 advance.
Support: 1.40623, 1.4000
Resistance: 1.4088, 1.41105
What it said to watch
H1 close back above 1.4088 pivot negates the rollover and re-opens the week high
Failure to hold 1.40623 session low exposes the 1.4000 psych floor
Canada Retail Sales today 12:30 UTC (f/c +1%) could materially shift this read
USDCAD rallied from the ~1.4008 week low after Monday's soft Canadian CPI, topping at 1.4111 before stalling at the 1.4100 confluence. Price has since carved lower highs and slipped back below EMA20, now printing a fresh session low at 1.4064 with RSI cooling into the low 40s. The 1.4100 area capped the advance and remains the pivot for the week's structure.
Support: 1.4064, 1.4008, 1.4000
Resistance: 1.4088, 1.4100, 1.4111
What it said to watch
Canada Retail Sales at 12:30 UTC (f/c +1.0%) is the near-term catalyst that could shift this read
A close back above 1.4088 EMA20 would neutralise the pullback
Loss of 1.4064 session low exposes the 1.4008 week low
03:02 UTC
This-week uptrend, rolling over · RSI 38 · price 1.40654
Pullback from week high after rounded top.
USDCAD rallied off Tuesday's ~1.4003 low to a 1.4110 high but stalled repeatedly below the 1.4100 confluence, carving a rounded top before rolling over into the current 1.4065 area. Price has slipped back under EMA20 and EMA50 with RSI(14) fading toward 38, so the week's advance has lost momentum. Soft Canadian CPI Monday drove the initial leg higher; the drift lower coincides with firmer oil capping the pair.
Support: 1.4045, 1.4003
Resistance: 1.4088, 1.4100, 1.4110
What it said to watch
Canada Retail Sales today 12:30 UTC is the near-term catalyst and could shift this read
Close back above 1.4088 EMA20 negates the pullback
Break below 1.4045 swing low opens the 1.4003 weekly low
Rolling over below the 1.4110 top, early lower highs.
Monday's soft Canada CPI lifted USDCAD off the 1.4000 low, and the US tariff shock drove a clean impulse to a 1.41105 week high mid-week. Price has since rounded over, repeatedly rejecting the 1.411 area and drifting into the NY session below EMA(20)/EMA(50) with RSI(14) back near 41 — a partial retrace of the week's move, cushioned by WTI near $86. Session low at 1.4072 is the immediate pivot.
Support: 1.4072, 1.40553, 1.4000
Resistance: 1.41105, 1.4093
What it said to watch
Canada Retail Sales today 12:30 UTC (f/c +1.0% MoM) could shift this read
H1 close below 1.4072 session low opens the path toward 1.4055 swing low
Reclaim of 1.4093 prior high needed to re-challenge the 1.4110 week high
02:02 UTC
This-week uptrend, pulling back · RSI 41 · price 1.40738
Higher highs into week high, now correcting lower.
USD/CAD rebounded off the 1.4000 psych area after Monday's soft Canadian CPI and the fresh US tariff shock, climbing through the London-NY sessions to a week high near 1.41110. That level was rejected and price has since slipped back below EMA20, now trading around 1.40738 with RSI(14) fading toward 40 as the pullback develops. The 1.40890 EMA20 has flipped to overhead resistance, while 1.40720/1.40550 mark the near-term demand shelf.
Support: 1.4072, 1.4055, 1.4000
Resistance: 1.4089, 1.4111
What it said to watch
Canada Retail Sales at 12:30 UTC could materially shift this read
H1 close back above 1.40890 (ema20) neutralises the pullback
Failure to hold 1.40550 swing low confirms a lower low
01:03 UTC
Uptrend, pulling back · RSI 43 · price 1.4076
Higher highs into 1.4110, now retracing below EMAs.
USDCAD rallied off Monday's ~1.4005 week low to a 1.4110 top mid-week after soft Canadian CPI cemented the BoC pause and fresh US tariffs added a trade shock. The advance stalled and rolled over at 1.4110, and price has since slipped below EMA20 near 1.4088 with RSI cooling toward 42. The 1.4100 psych level and the 1.4110 top now cap, while dip demand around 1.4055 has yet to be tested.
Support: 1.4055, 1.4005
Resistance: 1.4088, 1.4100, 1.4110
What it said to watch
Canada Retail Sales Thu 12:30 UTC (f/c +1.0% MoM) is the nearest catalyst
Break below 1.4055 swing low opens the path to 1.4005 week low
Reclaim of 1.4088 ema20 and a close above 1.4110 would resume the week's uptrend
01:03 UTC
Uptrend, pulling back · RSI 44 · price 1.4076
Higher highs into 1.4110, now retracing.
USDCAD rode this week's rally off the 1.4000 area — driven by Monday's soft Canada CPI cementing a BoC pause plus the fresh US tariff shock — to a 1.4110 high before rolling over. Price has since slipped back below EMA(20) and is testing the 1.4076 session low, with the 1.4100 200-SMA(H4) pivot now capping. The momentum on the final push to 1.4110 diverged from earlier legs, and RSI(14) has cycled back into the low 40s on the pullback.
Support: 1.4076, 1.4055, 1.4000
Resistance: 1.4090, 1.4100, 1.4110
What it said to watch
H1 close below 1.4055 breaks the week's higher-low sequence
Reclaim of 1.4100/1.4110 resumes the uptrend read
Canada Retail Sales Thu 12:30 UTC could shift this read
Consolidating below week high after midweek impulse.
USDCAD rallied off Monday's ~1.4005 low through the midweek NY sessions to peak at 1.4110, driven by a firm safe-haven dollar and soft Canadian June CPI reinforcing a BoC pause. Since the print, price has rounded off and drifted back to 1.4085, slipping under EMA(20) while holding above EMA(50), with RSI(14) cooling back toward 46. The 1.4100 psych/week-high zone has capped the last several attempts.
Support: 1.4076, 1.4050, 1.4000
Resistance: 1.4110, 1.4100
What it said to watch
H1 close above 1.4110 reopens the week's uptrend toward the next resistance
Loss of 1.4076 swing low confirms momentum has turned, exposing 1.4050
Canada Retail Sales Thu 12:30 UTC (f/c +1.0% MoM) is the nearest catalyst to shift this read
00:02 UTC
Uptrend, momentum slowing · RSI 47 · price 1.4085
Consolidating below week high after impulse.
USDCAD ran from Monday's 1.4003 low to a 1.4110 week high into Wednesday's NY session, lifted by the BoC-pause read after soft June CPI and a firm safe-haven USD bid. Price has since eased back below EMA20 and is consolidating around 1.4085 with RSI(14) cooling toward 47; 1.4110 has capped the last two attempts. The week's higher-low structure is intact while price holds above 1.4076.
Support: 1.4076, 1.4050, 1.4003
Resistance: 1.4110, 1.4150
What it said to watch
H1 close above 1.4110 reopens the path toward 1.4150
Loss of 1.4076 breaks this-week's higher-low sequence
Canada Retail Sales Thu 12:30 UTC could shift the read