NY session spiked to 1.38291 then fully reversed in a single bar back to 1.37699, coinciding with Trump's Hormuz blockade headlines around the same window. Price has stabilised mid-range near 1.37925, RSI(14) neutral at 47 after washing out, with the pullback high at 1.37987 capping the bounce.
Support: 1.37856, 1.37753, 1.37699
Resistance: 1.37987, 1.38121, 1.38291
What it said to watch
M15 close above 1.37987 pullback high reopens 1.38121
Loss of 1.37856 recent swing exposes 1.37753 spike low retest
Ongoing US-Iran headlines remain the dominant catalyst, can override structure
20:30 UTC
Intraday reversal, fading from session high · RSI 45 · price 1.3791
Spike-and-fade off 1.3829, now ranging.
NY session printed a sharp spike to 1.38291 then dumped 60 pips in two bars to 1.37699 — clean sweep-and-reject pattern, likely tied to the Trump Iran/Hormuz headlines and softer USD post-GDP. Price has since stabilised in a 1.37856–1.37962 range with RSI(14) neutral near 45.
Support: 1.37856, 1.37753, 1.37699
Resistance: 1.37962, 1.38121, 1.38291
What it said to watch
Reclaim of 1.37962 reopens the pre-spike top at 1.38121
M15 close below 1.37856 swing low exposes the 1.37699 session low
Further US-Iran headlines could materially shift this read
NY session spike to 1.3829 swept and rejected, back inside prior range.
NY session printed a sharp spike to 1.38291 on Trump Iran/Hormuz headlines, then fully reversed with a 130-pip flush to 1.37699 — classic false break and sweep. Price has since stabilised mid-range around 1.3787, RSI(14) neutral at 44, with the pullback high at 1.37987 capping attempts to reclaim.
Support: 1.37753, 1.37699, 1.3756
Resistance: 1.37987, 1.38121, 1.38291
What it said to watch
M15 close above 1.37987 pullback hi reopens the 1.38121 pre-spike hi
Loss of 1.37753 spike low exposes the 1.37699 session low
Headline risk remains live on Iran/Hormuz — further spikes possible
NY session ripped to 1.38291 on the Trump Iran/Hormuz blockade-lift headline then immediately reversed, with a 60-pip flush printing the spike low at 1.37699. Price has since stabilised in a 1.37856–1.37980 range, RSI(14) near 43, sitting below both EMAs after the rejection.
Support: 1.37753, 1.37699
Resistance: 1.3798, 1.38121, 1.38291
What it said to watch
M15 close above 1.37980 session pivot would unwind the rejection read
Loss of 1.37753 NY swing low reopens the 1.37699 spike low
Further US-Iran headlines could override the structural read
19:45 UTC
Intraday spike faded, back inside range · RSI 42 · price 1.37859
False break of session high, reversion to mid-range.
NY session printed a sharp spike to 1.38291 on Trump's Hormuz blockade headlines, fully retraced within four bars back below 1.38000. Price now drifting in 1.37850–1.37960 after the failed breakout, RSI(14) at 42 with EMA20 and EMA50 capping above.
Support: 1.3775, 1.3770
Resistance: 1.3796, 1.3812, 1.38291
What it said to watch
Close back above 1.37960 reopens the spike high
Loss of 1.37750 spike low confirms a lower-low
Further Iran/Hormuz headlines could re-trigger volatility
Sharp NY-session reversal off 1.3829 high back into prior range.
USDCAD spiked to 1.38291 during NY hours on Trump's Hormuz/blockade headlines then fully reversed, printing a 60-pip bear candle that swept down to 1.37699 before stabilising. Price has since rebuilt to 1.3793 but sits below EMA20/50 with RSI(14) at 45, consolidating between the spike low at 1.37753 and the prior swing at 1.3798.
Support: 1.37753, 1.37699, 1.3755
Resistance: 1.3798, 1.38121, 1.38291
What it said to watch
M15 close back above 1.37980 prior swing would neutralise the reversal read
Break of 1.37699 session low confirms continuation of the spike fade
Further Iran/USMCA headlines could re-introduce volatility into the close
NY session printed a sharp spike to 1.38291 on Trump's Iran blockade-lift headline, then collapsed 60 pips to 1.37699 within two bars — classic spike-and-fade tied to softer USD flow noted by FXStreet. Price has stabilised mid-range around 1.37970 with RSI(14) neutral near 47; both EMAs sit overhead capping any recovery attempts.
Support: 1.37885, 1.37753, 1.37699
Resistance: 1.37987, 1.38121, 1.38291
What it said to watch
Reclaim of 1.37987 micro pivot would challenge the fade structure
Loss of 1.37885 swing low reopens 1.37753 spike low
Headline risk from ongoing US-Iran talks remains the dominant driver
USDCAD spiked to 1.38291 on the Trump Hormuz blockade headline then reversed sharply, printing a 60-pip bar back through 1.38000 and tagging 1.37699 before stabilising. Price has since reclaimed 1.37900 but is capped under the 1.38000 round number with RSI flat near 47.
Support: 1.37885, 1.37753, 1.37699
Resistance: 1.3800, 1.38121, 1.38291
What it said to watch
Reclaim and hold above 1.38000 round number reopens the pre-spike high at 1.38121
M15 close back below 1.37885 swing low puts the 1.37699 session low back in play
Headline risk from US-Iran negotiations remains live and can override structure
18:45 UTC
Intraday pullback after sharp NY spike and reversal · RSI 45 · price 1.37902
Range break higher rejected, fading back into prior range.
NY session printed a sharp spike to 1.38290 on the Trump Hormuz blockade headline, then fully reversed within two bars back through 1.38000, a textbook false break and sweep of the prior session high near 1.38120. Price has since stabilised in a tight 1.37850–1.37990 band, RSI(14) neutral at 45 after cooling from the spike, with both EMA20 and EMA50 capping overhead.
Support: 1.3785, 1.3775, 1.3770
Resistance: 1.3799, 1.3812, 1.3829
What it said to watch
M15 close back above 1.37990 reopens the 1.38120 pre-spike high
Break of 1.37850 swing low exposes 1.37750 spike low and 1.37700 session low
Iran/US headline flow remains the dominant driver and can override structure
18:30 UTC
Intraday up move faded, mean reversion underway · RSI 43 · price 1.37871
Spike high rejected, lower-highs forming back toward range.
NY session printed a sharp spike to 1.38291 on the Trump/Hormuz blockade headlines, immediately rejected with a 120-pip retrace into 1.37699. Price has since recovered into a 1.37753–1.37987 range and is now drifting back lower, with RSI(14) cooling to the low-40s and price under both EMAs.
Support: 1.37753, 1.37699
Resistance: 1.37987, 1.38121, 1.38291
What it said to watch
M15 close back above 1.37987 recent high reopens the spike zone
loss of 1.37753 spike low exposes 1.37699 session low
further Iran/US headline risk could re-trigger volatility outside the post-spike range
18:15 UTC
Intraday reversal, fading off spike high · RSI 48 · price 1.37921
Spike-and-fade after sweep of 1.3829, now consolidating below 1.3800.
NY session saw a sharp spike to 1.38291 followed by an immediate reversal to 1.37699 — a clean sweep-and-fade tied to Trump's Hormuz blockade headline. Price has since recovered into the 1.3790s and is consolidating below the 1.37987 recent high, RSI(14) neutral around 48.
Support: 1.37753, 1.37699, 1.3755
Resistance: 1.37987, 1.3812, 1.38291
What it said to watch
M15 close above 1.37987 reopens 1.38120 pre-spike top
Loss of 1.37699 session low confirms continuation lower
Further Iran headlines could re-introduce spike volatility
NY session printed a sharp spike to 1.38291 on Trump Hormuz blockade headlines, then fully reversed with a 320-pip range bar sweeping back to 1.37699 before stabilising. Price has since recovered to 1.37921, sitting mid-range between the spike low and the pre-spike high at 1.38141, RSI(14) neutral at 48.
Support: 1.37753, 1.37733
Resistance: 1.37987, 1.38141, 1.38291
What it said to watch
M15 close above 1.37987 pullback high reopens the path back to 1.38141
Loss of 1.37753 spike low confirms continuation of the reversal leg
Further US-Iran headlines could materially shift this read given the spike origin
17:45 UTC
Intraday spike faded, back to range · RSI 47 · price 1.37978
NY spike to 1.3829 swept then fully retraced.
NY session printed a sharp spike to 1.3829 on Trump's Hormuz blockade-lift headline, immediately reversed and gave back the entire move into 1.3770. Price is now reclaiming 1.3800 psych but capped well below the pre-spike high at 1.3812; structure reads as a false break followed by mean-reversion back into the prior range.
Support: 1.3775, 1.3770, 1.3758
Resistance: 1.3800, 1.3812, 1.3829
What it said to watch
Reclaim and hold above 1.3812 reopens 1.3829 spike high
M15 close below 1.3775 confirms lower-low and exposes 1.3758 session low
Iran-US headline risk remains live and can override structure
17:30 UTC
Intraday range after spike rejection · RSI 50 · price 1.37985
Spike to 1.3829 swept and reclaimed lower, now consolidating near mid-range.
NY session printed a sharp spike to 1.38291 on the Trump Hormuz blockade headline, fully reversed within two bars with a sweep low at 1.37699. Price has since recovered to mid-range near 1.37985 and is consolidating below the 1.38016 recent high with RSI(14) back at neutral.
Support: 1.37753, 1.37699, 1.37733
Resistance: 1.38016, 1.38121, 1.38291
What it said to watch
M15 close above 1.38016 recent high reopens the 1.38121 pre-drop high
Loss of 1.37753 spike low exposes the 1.37699 session low
Ongoing US-Iran headline flow can re-introduce spike risk in either direction
17:15 UTC
Intraday pullback after NY spike rejection · RSI 49 · price 1.37976
Spike high swept, retracing into mid-range.
NY session spiked to 1.38291 on the Trump blockade-lift headline then immediately rejected, with a single bar dumping back to 1.37699 — full sweep and reversal. Price now recovering into the mid-range around 1.37980, RSI(14) neutral at 48 after working off the extreme.
Support: 1.37699, 1.37753, 1.3758
Resistance: 1.3802, 1.38141, 1.38291
What it said to watch
Reclaim of 1.38141 pre-spike high would negate the false break read
Loss of 1.37699 spike low confirms continuation lower
Headline risk elevated — further Iran/Trump comments can move CAD via oil
NY session printed a sharp spike to 1.38291 on the Trump blockade-lift headline, then fully unwound in two bars to retest the 1.37753 spike low. Price has since stabilised and is grinding back toward the 1.38020 prior shelf with RSI back to neutral around 48.
Support: 1.37753, 1.37733
Resistance: 1.3802, 1.38141, 1.38291
What it said to watch
Reclaim of 1.38020 prior shelf opens path back to 1.38141 pre-spike high
Break of 1.37753 spike low confirms continuation of the rejection
Headline-driven tape — further US-Iran developments could re-spike volatility
NY spike to 1.3829 swept, sharp reversal, basing near 1.3795.
NY session printed a sharp spike to 1.3829 on Trump's Hormuz blockade headline, immediately rejected and unwound the entire move into 1.3770. Price now basing around 1.3795 below EMA20/50, RSI(14) at 44 recovering from oversold after the impulse leg lower.
Support: 1.37753, 1.37699, 1.3758
Resistance: 1.3799, 1.3812, 1.38291
What it said to watch
Reclaim of 1.3799 micro pivot would neutralise the rejection read
Break of 1.3770 spike low reopens 1.3758
Further Iran/Hormuz headlines could reignite volatility on this pair
16:30 UTC
Intraday reversal after NY spike rejected · RSI 43 · price 1.37924
Sharp rejection from session high, retracing within prior range.
NY session printed a sharp spike to 1.38291 on the Trump naval-blockade headline, then collapsed 60 pips through 1.38000 in a single bar to sweep prior lows at 1.37699. Price has since stabilised around 1.37920, with the broken shelf at 1.37954 now acting as the immediate resistance to watch.
Support: 1.37699, 1.37733
Resistance: 1.37954, 1.38121, 1.38291
What it said to watch
Reclaim of 1.37954 broken shelf would neutralise the rejection read
M15 close below 1.37733 prior low confirms continuation of the downside leg
Further Iran/Trump headlines could drive another impulse outside this structure
NY session spiked to 1.3829 on Trump headlines around the Hormuz blockade lift, then fully reversed through the prior 1.3805–1.3815 base to print a 1.3770 low. Price now stabilising near 1.3784 below both EMA20 and EMA50, RSI(14) at 38 after the sweep.
Support: 1.3775, 1.3770
Resistance: 1.3795, 1.3812, 1.3829
What it said to watch
Reclaim of 1.37950 (ema20) would neutralise the false break read
M15 close below 1.37700 confirms a lower-low and opens downside continuation
Further Iran/Hormuz headlines could re-spike volatility given the move was news-driven
Spike to session high then aggressive reversal back into prior range.
NY session printed a sharp spike to 1.38291 on the Trump naval-blockade headline, then reversed hard with a 59-pip bar dumping price back to 1.37699. Price has stabilised around 1.3784, RSI(14) at 38 after rolling out of overbought, with the broken 1.3808 shelf now overhead.
Support: 1.37753, 1.37699, 1.37733
Resistance: 1.37883, 1.38087, 1.38291
What it said to watch
M15 close below 1.37699 confirms the spike low gives way and extends the reversal
Reclaim of 1.38087 broken shelf would neutralise the rejection
Continued Iran/Trump headline flow can drive outsized moves outside normal ATR
15:45 UTC
Intraday spike reversed, back to range · RSI 39 · price 1.3784
False break of session high, sharp rejection.
NY session pushed to 1.38291 on the Trump naval-blockade headline then fully unwound, printing a 60-pip rejection candle back through the 1.38050 shelf to 1.37699. Price now sits near the lower end of the day's range with RSI(14) cooling into the high 30s after the failed breakout.
Support: 1.37699, 1.37733
Resistance: 1.38141, 1.38291, 1.3805
What it said to watch
M15 close below 1.37699 confirms a lower low and extends the unwind
Reclaim of 1.38050 prior shelf neutralises the rejection read
Ongoing Iran/USMCA headline flow can override structure on M15
NY session pushed to 1.38291 on a Trump headline spike then reversed hard, printing a 60-pip bar down to 1.37699 before bouncing. Price now sits mid-range around 1.37851 with RSI(14) at 38 after the flush; the prior 1.37990–1.38020 pivot zone has flipped to resistance.
Support: 1.37699, 1.37733
Resistance: 1.37996, 1.38121, 1.38291
What it said to watch
Reclaim of 1.37996 broken pivot would neutralise the rejection read
M15 close below 1.37699 session low confirms a lower-low extension
Headline-driven tape — further Trump/Iran updates could override structure
NY session pushed USDCAD to a 1.38291 spike high before a sharp rejection drove price 54 pips lower through prior intraday support, with the latest bar printing 1.37699 on heavy volume. RSI(14) now at 28 reflects an oversold flush rather than a clean trend, and price is sitting just above the session low after the Trump headline on the naval blockade and softer Canada GDP earlier in the window.
Support: 1.37699, 1.37733, 1.3755
Resistance: 1.38121, 1.38244, 1.38291
What it said to watch
M15 close below 1.37699 session low confirms continuation lower
Reclaim of 1.38121 broken pivot would negate the rejection read
Ongoing Iran/Trump headline flow could whip this read on the next bar
15:00 UTC
Intraday up, late reversal · RSI 27 · price 1.3775
Rally rejected, sharp drop back into range.
NY session pushed USDCAD to a 1.38290 session high after the soft Canadian Q1 GDP print, then reversed violently — the last bar swept 320 pips of range to 1.37700, taking out the prior session low. Price now sits at 1.3775 with RSI(14) oversold at 27 and ATR(14) at 6 pips, well above normal intraday range.
Support: 1.3770, 1.3775, 1.3782
Resistance: 1.3809, 1.3817, 1.3829
What it said to watch
Reclaim of 1.38090 broken shelf would neutralise the rejection read
Failure to hold 1.37700 session low confirms continuation lower
Trump USMCA auto-content headlines could keep CAD volatile
RSI oversold extreme — mean reversion bounce possible without changing structure
Price spiked to 1.38291 on the soft Canadian Q1 GDP print then immediately rejected back into the 1.3800–1.3814 range, leaving a sharp upper wick. NY session now consolidating just above the 1.3800 round number with RSI cooled to neutral after the impulse.
Support: 1.3800, 1.3791, 1.3778
Resistance: 1.3814, 1.38244, 1.38291
What it said to watch
M15 close below 1.38000 reopens the 1.3791 session low
Reclaim of 1.38140 pre-spike high would re-engage the spike high
Fed Bowman/Paulson inflation commentary keeps USD headline risk live
14:30 UTC
Intraday uptrend, pullback in play · RSI 58 · price 1.3809
Higher highs into NY, retracing from session high.
USDCAD spiked to a session high of 1.38291 on the soft Canada Q1 GDP print (-0.1% vs +1.5% expected), then immediately rejected back to 1.3809. Pullback is holding above the prior breakout shelf at 1.3800, RSI(14) cooling to the mid-50s after the impulse.
Support: 1.38046, 1.37993, 1.3790
Resistance: 1.38244, 1.38291
What it said to watch
Reclaim of 1.38244 reopens the spike high at 1.38291
M15 close below 1.37993 invalidates the breakout and signals full retrace
Ongoing Fed commentary (Bowman, Paulson) on stalled disinflation could extend USD strength
Higher highs from session low, range top tested and rejected.
USDCAD spiked to 1.38291 on the soft Canada Q1 GDP print (-0.1% vs +1.5%), then immediately rejected back into the 1.3810 area. Price is consolidating around 1.3813 with RSI(14) at 58 after cooling from overbought; the post-spike low at 1.3802 is the line holding the breakout.
Support: 1.38016, 1.3799, 1.3782
Resistance: 1.38244, 1.38291
What it said to watch
M15 close back below 1.38016 invalidates the breakout and reopens 1.3799
Reclaim of 1.38244 session high would put the 1.3829 spike high back in play
Iran-related headline risk could inject volatility into USD
Higher highs into NY open, sharp rejection from 1.3829 leg high.
USDCAD spiked to 1.38291 on the Canada Q1 GDP miss (-0.1% vs +1.5%) then was sold straight back into the prior range, leaving a clean rejection wick. Price is consolidating around 1.3813 above the 1.38046 swing low, holding the broader London-NY uptrend off 1.3780.
Support: 1.38046, 1.37993, 1.3780
Resistance: 1.38244, 1.38291, 1.38141
What it said to watch
M15 close below 1.37993 session low invalidates the uptrend read
Reclaim of 1.38244 spike high reopens the path toward 1.3829
Iran/oil headlines remain a tail risk for CAD via crude
13:45 UTC
Intraday uptrend, sharp spike on Canada GDP miss · RSI 60 · price 1.38079
Higher highs/higher lows since Asia low, post-spike pullback into prior range.
USDCAD ripped from 1.3806 to a 1.38291 session high on the soft Canada Q1 GDP print (-0.1% vs +1.5% expected) before sellers faded the spike back to 1.3808. Price now hovers at 1.38079 with the rally giving back roughly half its move, RSI cooling from overbought into the low 60s.
Support: 1.3800, 1.3790, 1.3775
Resistance: 1.3817, 1.38244, 1.38291
What it said to watch
M15 close back above 1.38170 pullback high reopens the spike high at 1.38244
Loss of 1.38000 psych level would unwind the GDP-driven leg toward 1.37900
Ongoing Iran/oil headline flow can drive sharp CAD-side moves intrabar
Higher highs and higher lows from session low 1.3773.
USDCAD ripped through 1.3810 on the soft Canada Q1 GDP print (-0.1% vs +1.5% expected), spiking to 1.38291 before fading back to 1.38150. RSI(14) near 70 after the impulse and price is now retesting the 1.3806 breakout base; structure remains a clean intraday uptrend off the 1.3773 session low.
Support: 1.3806, 1.3799, 1.3788
Resistance: 1.38244, 1.38291
What it said to watch
M15 close back below 1.3799 session pivot would neutralise the breakout read
Reclaim of 1.38244 spike high reopens session high at 1.38291
USDCAD spiked from a tight 1.3800–1.3810 range to 1.3829 on the soft Canada Q1 GDP print, then pulled back to 1.3817. RSI(14) at 71 after the impulse, sitting just above the broken range — clean retest in progress of the 1.3800 area.
Support: 1.3800, 1.3788, 1.3775
Resistance: 1.38244, 1.38291, 1.3845
What it said to watch
M15 close back below 1.38000 invalidates the breakout read
Hold of 1.38000 on retest and break of 1.38244 extends the impulse leg
Failure to reclaim 1.38244 with RSI cooling sets up a deeper pullback into 1.37880
Range break to the upside after extended London drift.
USDCAD drifted lower through London after opening near 1.3845, basing around 1.3780 for most of the session before the Canada Q1 GDP miss (-0.1% vs +1.5%) triggered a sharp rally to 1.38291 spike high. Last bar rejected from 1.38244 and pulled back to 1.38165, with RSI(14) cooling from the high-70s.
Support: 1.3800, 1.3782, 1.3773
Resistance: 1.38244, 1.38291, 1.3845
What it said to watch
M15 close back below 1.38000 round number would unwind the GDP-driven breakout
Sustained acceptance above 1.38244 spike high opens path toward 1.38450 prior high
ATR has expanded sharply post-data; first pullback reaction defines whether the move extends
Higher lows from 1.3775, breaking session highs into NY data.
USDCAD spiked to 1.3815 on the soft Canada Q1 GDP print (-0.1% vs +1.5% expected), breaking the NY session high after grinding higher from the 1.3775 base set in late Asia. RSI(14) at 68 is hot but not extended; price is extending above EMA20/50 with the Asia high at 1.3818 as the next immediate friction.
Support: 1.3800, 1.3792, 1.37775
Resistance: 1.3818, 1.3827
What it said to watch
Sustained M15 close above 1.3818 asia high opens path toward 1.3827 prior swing
Rejection back below 1.3800 prior high would mark the GDP spike as a false break
Loss of 1.3792 swing low invalidates the higher-lows structure
NY session pushed off the 1.3773 swing low into 1.3814 before rejection dragged price back to 1.3800. Recovery structure of higher lows still intact while 1.3799 session low holds; RSI(14) cooling to 48 reflects the stall.
Support: 1.37993, 1.37882, 1.37773
Resistance: 1.38141, 1.38187, 1.3826
What it said to watch
M15 close below 1.3799 session low breaks the intraday HL chain
Reclaim and hold above 1.3814 opens the path to 1.3818 prior swing
Soft German CPI today keeping broad USD bid; no USD/CAD calendar risk in next 8h
12:15 UTC
Downtrend earlier, now reclaiming · RSI 56 · price 1.37993
Lower-low into 1.3773, recovery toward 1.3814.
USDCAD sold off through Asia and into early London, basing twice around 1.3773-1.3778 to form a double bottom before NY hours lifted price back to 1.3814. Current pullback to the 1.3799 session low is the first retest after the recovery leg; RSI(14) cooling from the 1.3814 high but holding mid-range.
Support: 1.37992, 1.37885, 1.37733
Resistance: 1.38141, 1.3820, 1.3845
What it said to watch
M15 close below 1.3773 swing low reopens the downside
Reclaim and hold above 1.3814 session high keeps the recovery intact
USDCAD ground higher through London into NY from a 1.3773 double bottom, tagging session high at 1.3814 before rejection dropped price back to 1.3799. Bounce structure intact but RSI cooling to mid-range and last bar closing on the session low suggests the recovery is losing steam.
Support: 1.3799, 1.3783, 1.3773
Resistance: 1.3814, 1.3826, 1.3845
What it said to watch
M15 close below 1.3799 session low opens path back to 1.3783 pivot
Reclaim of 1.3814 session high needed to extend recovery toward 1.3826
Thin Friday NY-afternoon liquidity could amplify moves
11:45 UTC
Recovery off session low, momentum building · RSI 68 · price 1.38137
Higher lows since 1.3773, reclaiming midrange.
USDCAD carved a double bottom near 1.3773 through the Asia session and has ground higher into NY hours, now pressing the session high at 1.38141 with RSI(14) near 68. Price has held above the 1.37950 breakout zone on each pullback, with buyers stepping in repeatedly at the intraday HL around 1.38060.
Support: 1.3806, 1.3795, 1.37733
Resistance: 1.38141, 1.38271
What it said to watch
M15 close above 1.38141 session high opens path to the 1.38271 prior swing
Loss of 1.37950 breakout level reopens the 1.37733 session low
RSI cooling while price holds 1.38060 would keep the recovery structure intact
USDCAD bottomed twice around 1.3775 during the London-NY transition and has staged a steady recovery into the NY session, now printing fresh session highs at 1.38125. RSI(14) at 71 is hot but consistent with the trending leg; price is extended above EMA20 with no rejection wick yet.
Support: 1.3804, 1.3792, 1.3775
Resistance: 1.38125, 1.3826, 1.3845
What it said to watch
M15 close back below 1.38040 stalls the recovery leg
Break above 1.38125 session high opens path toward 1.38260
RSI above 70 with no new high would flag bearish divergence
USDCAD pushed off the 1.3773 session low through London into early NY, reclaiming 1.3800 and grinding to a session high at 1.38104. RSI(14) around 63 with momentum flattening as price coils just under the high — slight bearish divergence forming against the late-morning highs.
Support: 1.3805, 1.3799, 1.3773
Resistance: 1.38104, 1.3818, 1.3828
What it said to watch
Sustained break above 1.38104 session high opens 1.3818 prior pivot
Loss of 1.3799 ema20 would break the higher-lows sequence
Canadian GDP later in the NY session could materially shift this read
Lower-low into 1.3773 followed by base and grind higher through NY hours.
USDCAD carved a double bottom near 1.3773 during Asia and has ground higher through London and into NY, breaking back above the 1.3800 round number with price now pressing the session high at 1.38104. RSI(14) at 64 is firm but not extended, and the last few M15 candles have compressed in a tight range just below resistance.
Support: 1.3804, 1.3795, 1.37733
Resistance: 1.38104, 1.3818, 1.3827
What it said to watch
M15 close above 1.38104 session high extends the recovery toward 1.3818 prior swing
Failure at 1.3800 round number and break of 1.3795 ema20 reopens the 1.3773 session low
Tight compression below resistance — first decisive close resolves direction
10:45 UTC
Downtrend stalling, basing into NY · RSI 63 · price 1.38052
Intraday low printed, slow grind back to mid-range.
Asia/early-London sold USDCAD from 1.3869 down to a 1.3773 session low, then a double bottom around 1.3775–1.3783 held through the European session with bullish RSI divergence. Buyers stepped in through the London-NY transition and price is now grinding into the session high at 1.38104, with RSI at 63 not yet stretched.
Support: 1.3795, 1.37733, 1.3758
Resistance: 1.38104, 1.3827
What it said to watch
M15 close above 1.38104 session high opens path toward 1.38270 London high
Loss of 1.37950 reopens the 1.37733 session low
BoE Bailey headlines crossing are USD-tangential but adding noise
10:30 UTC
Downtrend, basing into NY · RSI 64 · price 1.38065
Double bottom near 1.3775, recovery toward range mid.
Pair sold from 1.3870 through London hours into a 1.3775 session low, then printed a double bottom and ground back up to 1.3808 ahead of the NY open. Recovery has cleared EMA20/50 on this TF with RSI at 64, but price is now bumping the session high at 1.3809 — area to watch for rejection or break toward 1.3818.
Support: 1.3800, 1.3782, 1.3775
Resistance: 1.3809, 1.3818, 1.3827
What it said to watch
M15 close above 1.3809 session high opens path back toward 1.3818 prior swing
Rejection at 1.3809 with loss of 1.3800 round number reopens 1.3782 swing low
Canadian GDP later in NY session could materially shift this read
10:15 UTC
Downtrend stalling, base forming · RSI 68 · price 1.38085
Lower-low printed then sideways base, late grind back to mid-range.
Asian session sold the pair from 1.3865 down to 1.3773 base, where buyers stepped in repeatedly during the London session and built a rounded bottom. NY hours have lifted price through 1.3800 psych and back to the 1.3809 session high, RSI(14) at 68 reflecting the recovery thrust.
Support: 1.3780, 1.37733, 1.3800
Resistance: 1.3809, 1.3818, 1.3827
What it said to watch
M15 close above 1.3809 session high opens path back toward 1.3818 prior pivot
Rejection at 1.3809 with close back under 1.3800 reasserts the base range
Loss of 1.3773 session low confirms the downtrend resuming
Range floor at 1.3775 held, grinding higher into NY.
USDCAD spent the Asia session bleeding from 1.3865 down to a 1.3775 floor that held twice during London-NY transition, forming a double bottom. NY hours have lifted price back through 1.3800 to a session high at 1.3809, with RSI now stretched at 70. Recovery is intact but tagging the upper edge of its post-bounce range.
Support: 1.3801, 1.3791, 1.37775
Resistance: 1.3809, 1.3818, 1.3827
What it said to watch
M15 close above 1.3809 session high opens path to 1.3818 prior swing
Rejection at 1.3809 with loss of 1.3801 reopens the 1.3775 range floor
Canadian GDP later today could materially shift this read
Base built near 1.3775, higher lows into NY pre-market.
USDCAD carved a base around 1.3775 through the Asia session after the London selloff to 1.3773, then climbed in a steady stair-step into the European/NY pre-market, reclaiming 1.3800 and printing a fresh session high at 1.3809. Recovery is methodical with RSI(14) near 68, and price now pressing the session high after a CAD-negative oil/Bailey news mix.
Support: 1.3800, 1.3788, 1.3773
Resistance: 1.3809, 1.3818, 1.3827
What it said to watch
Sustained M15 close above 1.3809 session high opens path to 1.3818 prior swing
Rejection at 1.3809 with loss of 1.3800 round number weakens the recovery read
Break of 1.3788 micro HL would signal exhaustion of the base
Lower lows into 1.3773, base building toward 1.3810.
Asia session leg lower from 1.3870 bottomed at 1.3773 and carved a base before NY hours pushed price back through 1.3800 to a session high of 1.3807. RSI(14) at 67 reflects the recovery but isn't stretched; price is now consolidating just under the session high.
Support: 1.38003, 1.37873, 1.37733
Resistance: 1.38072, 1.38187, 1.38386
What it said to watch
M15 close above 1.38072 session high opens path toward 1.38187 prior swing
Rejection back below 1.38003 intraday pivot reopens 1.37873 session low
Canadian GDP release later today could materially shift this read
09:15 UTC
Downtrend, bouncing off lows · RSI 62 · price 1.38051
Lower highs into 1.3775 base, corrective bounce in play.
M15 sold off through London from 1.3869 to a 1.3773 session low, then carved a double bottom and ground higher through NY to retest 1.3807. RSI(14) near 62 with price reclaiming both EMAs — corrective bounce off the lows, not yet a structure break.
Support: 1.37733, 1.37819
Resistance: 1.38072, 1.38187, 1.38386
What it said to watch
Close above 1.38187 confirms higher-high and extends the bounce
Failure at 1.38072 and break of 1.37733 resumes the downleg
Tape thinning into late NY — moves can extend on low liquidity
09:01 UTC
Downtrend, base building · RSI 60 · price 1.38051
Range after impulse leg lower.
Sold off through London hours from 1.3869 into a 1.3773 session low, then carved a tight 1.3780-1.3800 base before NY pushed back up to retest the 1.38075 range top. Price coiling under the range top with RSI(14) around 60, no extension yet.
Support: 1.3795, 1.3773, 1.3780
Resistance: 1.38075, 1.3818, 1.3827
What it said to watch
M15 close above 1.38075 opens path to 1.3818 prior swing
Rejection at 1.38075 and loss of 1.37950 reopens the session low at 1.3773
BoC speakers or US data later in NY could break the range
08:45 UTC
Downtrend, basing with recovery leg · RSI 71 · price 1.38024
Lower high yesterday, range floor 1.3773 holding, current bounce off lows.
USDCAD sold off through London yesterday from 1.3869 to a session low at 1.3773, then built a tight 1.3780–1.3790 base through Asia before the European session lifted price through 1.3800 to a session high at 1.3807. RSI(14) at 71 reflects the impulse off the base; current bar consolidating just under the session high.
Support: 1.3782, 1.3775, 1.3773
Resistance: 1.3807, 1.3818, 1.3826
What it said to watch
M15 close above 1.3807 session high opens path toward 1.3818 prior swing
Rejection at 1.3807 and reclaim of 1.3782 session base would resume the downtrend
Lower high carved at 1.3795, recent higher low at 1.3773; price reclaiming mid-range.
USDCAD slid from 1.3869 into 1.3773 across the prior NY session then spent Asia coiling tight between 1.378–1.379. London open lifted price through 1.3790 and into 1.3806, a clean break of the consolidation with RSI(14) at 68. Buyers stepping in above the micro pivot at 1.37995; the prior shelf at 1.3818 is the next test.
Support: 1.37995, 1.3781, 1.37733
Resistance: 1.3809, 1.38187, 1.3827
What it said to watch
M15 close back below 1.37995 micro pivot fades the breakout
M15 sold off through London hours from 1.3870 down to a 1.3773 swing low, then carved a tight base around 1.3780 through Asia. Current bar grinding back to 1.3803 with RSI lifting off oversold and a mild bullish divergence into the swing low; price now testing the lower edge of the prior breakdown shelf.
Support: 1.3780, 1.37733, 1.3757
Resistance: 1.3805, 1.3818, 1.3827
What it said to watch
Reclaim of 1.3805 range top opens path back toward 1.3818 prior swing
Loss of 1.3773 swing low resumes the downtrend toward 1.3757
German state CPI prints landing now could shift USD via cross flows
Lower lows into 1.3773, recovery toward range mid.
M15 sold off through London hours from 1.3870 down to a 1.3773 session low, then carved a double bottom and ground higher into European morning, now testing the 1.3805 prior shelf. RSI back to 67 after the bullish divergence off the lows; ATR ~21 pips reflects the earlier impulse, recovery itself has been orderly.
Support: 1.3782, 1.37733, 1.3757
Resistance: 1.3805, 1.3818, 1.3827
What it said to watch
Sustained break above 1.3805 prior shelf opens 1.3818 swing high
Rejection here and loss of 1.3782 asia low reopens 1.3773 session low
Weak French/Spanish CPI prints already through; no USD/CAD calendar risk into NY open
07:45 UTC
Downtrend, stabilising · RSI 60 · price 1.38006
Lower highs into base, recovery off 1.3775 low.
USDCAD sold off sharply during late London / early NY yesterday from 1.3870 down to the session low at 1.3775, then ground sideways through Asia in a tight 1.3780–1.3790 base. Early London this morning has lifted price back to retest the 1.3800 intraday high with RSI back at 60, leaving a potential double bottom against 1.3775.
Support: 1.37775, 1.37733
Resistance: 1.3801, 1.38187, 1.3827
What it said to watch
M15 close above 1.3801 opens room toward the 1.3819 prior shelf
rejection at 1.3800 and break of 1.3775 swing low resumes the downtrend
German states' CPI prints later today could shift broader USD tone
07:30 UTC
Downtrend, base forming · RSI 64 · price 1.37976
Lower highs into a tight base near 1.3780–1.3790, micro bid emerging.
Early London session grinding off the 1.3773 swing low after yesterday's NY drop from 1.3870 down to 1.3780. Base has held all of Asia and price is now poking back at the 1.3799 session high with RSI(14) climbing into the mid-60s.
Support: 1.37733, 1.3760
Resistance: 1.3799, 1.3805, 1.3818
What it said to watch
15m close above 1.3805 negates the downtrend read and opens 1.3818
German state CPI prints due in European morning could inject USD volatility
07:15 UTC
Downtrend, base forming · RSI 60 · price 1.3795
Lower highs into 1.3775 swing low, shallow bounce.
M15 sold off through London into a 1.3775 session low, then carved a long flat base across the NY session and is now grinding up into 1.3795 ahead of London open. Recovery is shallow and orderly — supply still sits at the 1.3795 session high with the 1.3805 prior shelf above.
Support: 1.37733, 1.3758
Resistance: 1.37957, 1.3805, 1.38187
What it said to watch
Close above 1.3805 prior shelf opens path back to 1.3818 swing high
Loss of 1.3773 session low reopens 1.3760 psych
RSI still mid-range, no extreme to fade
07:01 UTC
Downtrend, stabilising · RSI 60 · price 1.37944
Lower-high sequence, base forming above 1.3775.
London open saw a sharp leg lower from 1.3850 into 1.3775, then a flat Asian-style drift through late NY before this morning's grind back to 1.3795. Current bar is reclaiming intraday structure with RSI back at 60, but the session high at 1.37957 has yet to break.
Support: 1.37775, 1.37733
Resistance: 1.37957, 1.3805, 1.3818
What it said to watch
M15 close above 1.37957 opens path back to the prior shelf at 1.38050
Loss of 1.37733 swing low resumes the downtrend
German states' CPI prints later today could inject USD volatility
06:45 UTC
Downtrend, stabilising · RSI 60 · price 1.37919
Post-drop consolidation near lows.
Sharp London-session selloff from 1.3870 bottomed at 1.3773, with price grinding sideways in a 1.3780–1.3792 range through Asia and into early London. The latest bar ticked up to test the recent high at 1.37924; RSI(14) recovering off oversold but no impulsive follow-through yet.
Support: 1.37733, 1.3760
Resistance: 1.37924, 1.3805, 1.38187
What it said to watch
M15 close above 1.37924 opens room toward 1.38050 swing pivot
Loss of 1.37733 session low extends the downtrend
German states CPI prints later today could inject USD volatility
06:30 UTC
Downtrend, stabilising · RSI 46 · price 1.37857
Lower highs into a base above 1.3780.
M15 sold off sharply through London hours from 1.3870 down to 1.3773, then based out and is now grinding sideways into early European trade between 1.3784 and 1.3791. RSI(14) has recovered to mid-40s and price is hugging EMA20 but capped below EMA50, leaving the structure as a shallow bounce inside a fresh downtrend.
Support: 1.37733, 1.3757
Resistance: 1.37912, 1.3801, 1.38187
What it said to watch
M15 close above 1.3800 round number would break the recent high sequence and challenge the downtrend read
Break of session low 1.37733 reopens the move toward psych 1.3750
Germany state CPI prints later today could spill into USD flow
06:15 UTC
Downtrend, stabilising · RSI 51 · price 1.37871
Post-selloff base, tight range.
Sharp London selloff from 1.3870 to 1.3775 has given way to a tight 1.3775–1.3791 base through Asia and into early London. Price is grinding sideways with RSI(14) back to neutral near 51, no momentum impulse either way.
Support: 1.3775, 1.3758
Resistance: 1.3791, 1.3801, 1.3818
What it said to watch
M15 close above 1.37910 session high opens retest of 1.38010 prior high
German states' CPI prints later could add EUR-led USD volatility
06:00 UTC
Downtrend, basing · RSI 55 · price 1.37871
Lower highs into range.
Sharp London-session selloff yesterday from 1.3870 region down to 1.3773, followed by a tight Asia-session base between 1.3780–1.3791. NY hours have produced a slow grind back toward the session high at 1.37912 with RSI(14) neutral near 55; current bar prints 1.37871 inside the consolidation.
Support: 1.37733, 1.3760
Resistance: 1.37912, 1.38011, 1.38187
What it said to watch
M15 close above 1.37912 session high opens path toward the 1.38011 prior swing
Failure to hold 1.37733 session low resumes the downtrend toward the 1.3760 psych area
Canada GDP release later today could materially shift this read
05:45 UTC
Downtrend, basing late NY · RSI 49 · price 1.37864
Lower highs into 1.3780 floor, stalling.
USDCAD sold off through London-NY into a 1.3773 session low, then carved a double bottom and is grinding back toward 1.3790. Price is consolidating in a tight 1.3786–1.3791 range late NY with RSI(14) flat around 49, no momentum either way.
Support: 1.37733, 1.3757
Resistance: 1.37912, 1.38011, 1.38187
What it said to watch
Reclaim of 1.3801 prior shelf would invalidate the lower-high structure
M15 close below 1.3773 session low confirms continuation of the downtrend
Canada GDP release later today could materially shift this read
05:30 UTC
Downtrend, stabilising · RSI 54 · price 1.37873
Lower highs into base around 1.3780.
USDCAD sold off sharply through London yesterday from 1.3870 to 1.3780, then went flat through Asia and is grinding higher into early Europe. Price is basing just below the 1.3791 session high with RSI hovering near 54; no breakout in play yet.
Support: 1.3775, 1.3773, 1.3800
Resistance: 1.3791, 1.3805, 1.3818
What it said to watch
M15 close above 1.3791 session high opens path back to 1.3805 prior shelf
Loss of 1.3775 session low reopens 1.3773 swing low and the 1.3800 psych break
Canada GDP later today could materially shift this read
05:15 UTC
Downtrend, stabilising near lows · RSI 58 · price 1.37889
Lower highs into base, sideways drift.
Sharp London-session drop from 1.3850 to 1.3773 broke through 1.3818 prior support, then base-built through Asia into early NY. Last 6 hours have ground higher in a tight consolidation, now testing the 1.3791 intraday high with RSI flattening near 58.
Support: 1.37733, 1.3757
Resistance: 1.37912, 1.3805, 1.3818
What it said to watch
M15 close above 1.37912 opens path to 1.38050 breakdown level retest
Failure at 1.3791 and break of 1.37733 session low resumes the downtrend
Canada GDP later today could materially shift this read
05:01 UTC
Downtrend, basing · RSI 55 · price 1.37889
Lower low set, ranging near base.
London session sold USDCAD aggressively from 1.3870 down to a 1.3773 session low, then buyers stepped in twice around 1.3775-1.3780 to form a base into the Asia handover. Price now grinding higher near 1.3789 with RSI back to neutral, but capped under the 1.3800 psych and the 1.3819 prior intraday low.
Support: 1.37733, 1.37819
Resistance: 1.37912, 1.38011, 1.38187
What it said to watch
Reclaim of 1.3800 psych opens path back to 1.3819 intraday low
Break of 1.37733 session low confirms continuation of the downtrend
Canada GDP release later today could materially shift this read
04:45 UTC
Downtrend, basing into Asia · RSI 58 · price 1.37898
Lower high carved at 1.3870, holding above 1.3773 swing low.
USDCAD sold off through London hours, printing a clean leg from 1.3870 down to 1.3773 before basing through late NY and Asia. Price is now grinding higher in a tight 1.3780–1.3791 range with RSI recovering to 58 — corrective bounce, not a structural turn.
Support: 1.37798, 1.37733, 1.3757
Resistance: 1.37912, 1.38047, 1.38187
What it said to watch
M15 close above 1.37912 session high opens path to retest 1.3805 prior pivot
Loss of 1.37733 swing low extends the downtrend toward 1.3750 psych
Canada GDP later today could materially shift this read
04:30 UTC
Downtrend, stabilising · RSI 58 · price 1.37878
Lower lows into 1.3775, basing above.
USDCAD sold off through London hours from 1.3870 to a swing low at 1.3773, then carved a tight base into Asia. Last 6 hours grinding higher off the session low with RSI lifting off oversold, but price still capped below the 1.3791 session high.
Support: 1.37775, 1.3773, 1.3757
Resistance: 1.3791, 1.3801, 1.3818
What it said to watch
Break above 1.3791 session high opens 1.3801 prior break zone
Loss of 1.3773 swing low resumes the downtrend toward 1.3757
Canada GDP release later today could materially shift this read
04:15 UTC
Downtrend, base forming · RSI 55 · price 1.37885
Lower highs into a tight base above session low.
USDCAD sold off through London hours, bottoming around 1.3775 session low before stabilising in a tight 1.3780–1.3790 base into Asia. Price has crept back to the micro high at 1.3791 with RSI recovering toward 55, but range is compressed and ATR has collapsed to ~4 pips.
Support: 1.3775, 1.3765
Resistance: 1.3791, 1.3801, 1.3818
What it said to watch
M15 close above 1.3791 micro high opens room toward the 1.3801 prior shelf
Break of 1.3775 session low exposes the 1.3765 psych area
Canada GDP later today could materially shift this read
04:00 UTC
Downtrend, basing · RSI 58 · price 1.37885
Lower highs broken by slow base near session low.
Sharp London-session sell-off from 1.3870 bottomed at 1.37733, then NY drifted into a tight base between session low and 1.3791. Late NY hours have nudged price back to the top of that range with RSI cooling at 58; momentum is flat and ATR has collapsed to under 4 pips per bar.
Support: 1.37733, 1.37819
Resistance: 1.37912, 1.38011, 1.38187
What it said to watch
M15 close above 1.37912 opens room toward the 1.3800 psych level
Loss of 1.37819 swing low re-exposes the 1.37733 session low
Canada GDP release later today could break the consolidation
03:45 UTC
Downtrend, basing near lows · RSI 55 · price 1.37882
Lower highs into a tight range at session lows.
USDCAD sold off through the London session from 1.3869 down to a session low of 1.3773, then went into a flat Asia-hours consolidation between 1.3778 and 1.3789. Price is grinding back toward the upper edge of that range with RSI(14) hovering mid-50s — no momentum signal in either direction yet.
Support: 1.37733, 1.37683
Resistance: 1.37889, 1.37951, 1.38047
What it said to watch
M15 close above 1.37889 micro high opens path toward the 1.37951 rejection zone
Break of 1.37733 session low resumes the downtrend toward the 1.3768 round number
Canada GDP release later today could materially shift this read
Sharp slide through London hours dropped price from 1.3850 to 1.3773, then flatlined into Asia with a tight 1.3778–1.3789 consolidation. Buyers nibbled at the session low twice and price is now poking the upper edge as Asia winds down, RSI lifting off oversold into mid-range.
Support: 1.37733, 1.37798
Resistance: 1.37889, 1.38011, 1.38187
What it said to watch
Reclaim of 1.37889 opens room back toward 1.38011
Loss of 1.37733 resumes the leg lower
Canada GDP later today could materially shift this read
Sharp London-session sell-off from 1.3850 cracked the 1.3800 psych into a session low at 1.37733, then price went dormant through Asia consolidating in a tight 1.3779–1.3785 band. RSI(14) near 45 and ATR collapsed to ~3.6 pips reflect the basing — no setup in play until the range resolves.
Support: 1.37733, 1.3760
Resistance: 1.37894, 1.38011, 1.38187
What it said to watch
M15 close above 1.37894 micro high opens retest of 1.38011 breakdown lvl
USDCAD broke lower through 1.3818 during NY hours and printed a session low at 1.3773 before basing sideways into Asia. Price has consolidated in a tight 1.3779–1.3786 range for the last few hours, RSI(14) recovering to mid-band as momentum stalls.
Support: 1.37733, 1.37819
Resistance: 1.37867, 1.37951, 1.38187
What it said to watch
Reclaim of 1.3795 opens room back toward the 1.3819 swing low retest
Break of 1.3773 session low extends the downtrend
Canada GDP later today could materially shift this read
Sharp NY-session sell-off broke from 1.3870 down to 1.3773, then base-built through Asia with price coiling in a 1.3778–1.3785 micro range. RSI(14) recovering off oversold to 41 as momentum flattens; no fresh swing low since the 1.3773 print.
Support: 1.37782, 1.37733, 1.3800
Resistance: 1.3785, 1.3794, 1.3805
What it said to watch
M15 close below 1.37782 session low reopens 1.3773 swing low
Break above 1.37850 micro cap targets 1.37940 prior shelf
Canada GDP later today could materially shift this read
Lower highs and lower lows, basing near session low.
Sharp NY-session leg down from 1.3869 bottomed at 1.37733 and price has spent the last ~8 hours coiling in a tight 1.3773–1.3785 band into early Asia. RSI(14) recovered from oversold to mid-40s, momentum flat; no fresh impulse either way.
Support: 1.37733, 1.3757
Resistance: 1.3785, 1.3794, 1.3805
What it said to watch
M15 close above 1.37850 micro pivot opens room back to the 1.37940 London low
Loss of 1.37733 session low extends the downtrend toward the 1.3750 psych area
Canada GDP later today could break this consolidation
Lower highs and lower lows, basing near session low.
USDCAD sold off through the London session from 1.3869 down to 1.3773, then went flat into Asia with a tight 1.3780–1.3785 consolidation. RSI(14) has lifted off oversold while price held the session low, a mild bullish divergence, but no reclaim yet of the 1.3801 prior swing.
Support: 1.37733, 1.37798
Resistance: 1.37852, 1.38011, 1.38187
What it said to watch
M15 close below 1.37733 session low extends the downtrend
Reclaim of 1.38011 prior swing would neutralise the intraday downtrend
Liquidity thin in Asia, breakouts here often fade into London open
London session sold USDCAD hard from 1.3870 down to a 1.3773 session low, with the move stalling into Asia. Price is now coiling in a tight 1.3780–1.3785 range just below the micro pivot, RSI(14) recovering toward 46 with mild bullish divergence against the lows.
Support: 1.37733, 1.3760
Resistance: 1.3785, 1.3794, 1.3805
What it said to watch
M15 close above 1.3785 micro pivot opens path to 1.3794 rejection hi
Break of 1.3773 session low resumes the downtrend toward 1.3760 psych
Thin Asia liquidity — moves may not hold into London open
Sharp NY-session sell-off from 1.3870 unwound roughly 90 pips into a session low of 1.37733, with price now consolidating in a tight 1.3778–1.3785 micro pivot range during the quiet Asia open. RSI(14) basing near 42 while price holds the lows hints at fading downside momentum, but no reclaim of the 1.3794 swing high yet.
Support: 1.37733, 1.3760
Resistance: 1.3785, 1.3794, 1.3805
What it said to watch
M15 close above 1.37940 swing high would break the lower-high sequence
Break of 1.37733 session low extends the downtrend toward 1.3760 psych
Thin Asia liquidity — moves on Iran/US headlines may not hold
Lower highs, lower lows; consolidating near session low.
USDCAD sold off sharply during NY hours from 1.3870 down to 1.3773, then chopped sideways in a tight 1.3780–1.3785 band through Asia. Price sits at the session low with RSI mid-30s; no fresh impulse either way as Asia winds down.
Support: 1.37733, 1.3760
Resistance: 1.37852, 1.3794, 1.3805
What it said to watch
M15 close below 1.37733 session low extends the downtrend toward 1.3760 psych
Reclaim of 1.37852 recent swing breaks the consolidation upward
Geopolitical headlines (US-Iran) remain a tail risk for USD
USDCAD broke down through 1.3800 during the NY session with a clean impulsive leg from 1.3850 to a session low at 1.37733, then stalled into a tight 30-pip consolidation around 1.3780-1.3785 through the Asia open. Price is pinned below both EMAs with RSI(14) near 42, no recovery attempt yet despite softer Tokyo CPI.
Support: 1.37733, 1.3780
Resistance: 1.37867, 1.3794, 1.38011
What it said to watch
Reclaim of 1.38011 breakdown level would neutralise the downtrend read
M15 close below 1.37733 session low extends the leg lower
Tokyo data already in; thin liquidity until London open
Sharp NY session sell-off dragged USDCAD from 1.3870 to a session low at 1.37733, with price now flatlining in a tight 1.3780–1.3785 range through Asia. RSI(14) recovered from oversold but stalls in the mid-40s; both EMAs sit overhead, capping any bounce.
Support: 1.37733, 1.3760
Resistance: 1.37867, 1.3794, 1.3805
What it said to watch
Break above 1.37867 micro high opens the path back to 1.37940 swing high
Loss of 1.37733 session low confirms continuation toward 1.3760 psych
Tokyo CPI undershoot already priced; thin liquidity may amplify any early London move
Lower highs, lower lows; consolidating near session lows.
USDCAD broke down through 1.3818 during the NY session, printing a session low at 1.3773 before stabilising into a tight 1.3780–1.3787 range as Asia opens. Price is sitting just under the prior shelf at 1.3799 with RSI(14) around 38, momentum drained but no rebound yet.
Support: 1.37733, 1.3765
Resistance: 1.3787, 1.3799, 1.3818
What it said to watch
Reclaim of 1.3799 prior shelf would weaken the breakdown read
Break of 1.3773 session low extends the downtrend toward 1.3765 psych
Sustained drift inside 1.3780–1.3787 confirms consolidation, no setup in play
USDCAD broke down through 1.3800 during the NY session, printing a session low at 1.37733 before drifting into a tight base around 1.3782. Price is now coiling under the 1.37870 micro pivot with RSI(14) recovering from oversold but still sub-50; no impulse either way in the last 4 hours.
Support: 1.37733, 1.3760
Resistance: 1.3787, 1.3799, 1.3818
What it said to watch
M15 close back above 1.37990 would invalidate the breakout and open a retest of the 1.38180 prior swing
Loss of the 1.37733 session low extends the downtrend toward the 1.3760 psych area
Hormuz/Iran headline risk could spike USD demand and override the structural read
USDCAD sold off sharply through NY session from 1.3869 to a 1.3773 session low, then stalled into Asia with price coiling in a tight 1.3781–1.3785 band below the 1.3800 psych. RSI(14) has lifted off oversold without price making new lows — bullish divergence noted, but no reclaim of 1.3800 yet.
Support: 1.37733, 1.37741
Resistance: 1.37852, 1.37911, 1.38011
What it said to watch
Reclaim of 1.3800 psych opens path back to 1.37911 prior swing
M15 close below 1.37733 session low resumes the downtrend leg
Asia liquidity thin — range likely holds until London open
00:00 UTC
Downtrend, stalling at lows · RSI 38 · price 1.37815
Lower-highs into a tight base around 1.3782.
Sharp NY-session leg lower from 1.3870 to 1.3773, then price stalled into Asia with M15 ranges collapsing to a few pips around 1.3782. RSI(14) at 38 has lifted from oversold without price following, but the broken 1.3805 shelf is still capping.
Support: 1.37733, 1.37798
Resistance: 1.37867, 1.3794, 1.3805
What it said to watch
M15 close back above 1.37940 swing high would neutralise the downtrend read
Break and acceptance below 1.37733 session low extends the leg lower