USD/CAD AI Live Scan, 1-hour chart, Monday, 29 June 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.
23:01 UTC
Range after fade from highs · RSI 52 · price 1.42017
Consolidation between weekly high and mid-week low.
USDCAD faded from 14-month highs near 1.4248 earlier in the week as softer oil and an in-line PCE print trimmed Fed-hike odds, then based around the mid-week swing low at 1.41688. Since the weekend reopen price has recovered into a 1.4174-1.4217 range and is now coiling around the 1.4200 round number with EMA20 flat beneath. RSI(14) is mid-band near 52, no momentum extreme.
Support: 1.4200, 1.41747, 1.41688
Resistance: 1.42173, 1.42476
What it said to watch
H1 close above 1.42173 reopens the path to the 1.42476 weekly high
Loss of 1.41747 swing low confirms a lower low toward the 1.41688 week low
Canada GDP Tue 12:30 UTC could materially shift this read
USDCAD faded from the 14-month high near 1.4248 earlier this week to a 1.4168 low as a broadly in-line US PCE print eased Fed-hike odds and softened the dollar. Since the weekend gap the pair has carved higher lows and reclaimed the 1.4200 pivot, sitting almost exactly on the 50% retrace of the week's fade. Resistance at 1.4217 has capped the bounce so far.
Support: 1.4200, 1.4196, 1.4174
Resistance: 1.4217, 1.42476
What it said to watch
H1 close above 1.4217 reopens the path to the 1.4248 14-month high
Loss of the 1.4174 week low confirms a lower-low
Canada GDP Tue 12:30 UTC could materially shift this read
USDCAD pushed to a 14-month high near 1.42476 early last week on the oil slump and hawkish Fed pricing, then faded to a 1.41688 swing low before stabilising. Since the weekend gap the pair has carved higher lows and reclaimed EMA20, but the recent high at 1.42173 capped the Friday/NY recovery and price now sits mid-range around the weekly open. RSI(14) is mid-50s with no momentum extreme.
Support: 1.4196, 1.41747
Resistance: 1.42173, 1.42476
What it said to watch
Canada GDP Tue 12:30 UTC could materially shift this read
H1 close above 1.42173 reopens the path to the 14-mo high at 1.42476
Loss of 1.41747 swing low confirms a fresh lower-low
20:02 UTC
Corrective range after fade from highs · RSI 55 · price 1.42037
Bounce off 1.4174 swing low, ranging under 1.4217.
USD/CAD faded from 14-month highs near 1.4248 earlier this week as an in-line US PCE print trimmed Fed-hike odds, carving a corrective range. The bounce off the 1.4174 swing low has stalled around the 1.4200 round number, holding just above EMA(20) with RSI(14) cycling back to neutral. The 1.4217 day high has capped the recovery.
Support: 1.4198, 1.4174, 1.4155
Resistance: 1.4217, 1.4248
What it said to watch
Canada GDP Tue 12:30 UTC could materially shift this read
H1 close above 1.4217 day high reopens the 1.4248 14-mo high
Failure to hold 1.4174 swing low confirms a lower low
USDCAD printed fresh 14-month highs near 1.4248 early in the week then faded almost 80 pips to 1.4169 as the USD softened on US-Iran de-escalation and an in-line PCE print. Price has since recovered to consolidate around 1.4200, holding above the H1 EMA20 with RSI back to mid-range after the overbought rally cooled. The 1.4170–1.4248 range still frames the week.
Support: 1.4195, 1.4174, 1.4169
Resistance: 1.4217, 1.4248
What it said to watch
Canada GDP Tue 12:30 UTC (f/c 0.4%) could shift the corrective read
H1 close below 1.4174 reopens the week low at 1.4169
Reclaim of 1.4217 prior-day high puts the 1.4248 week high back in play
18:02 UTC
Sideways after fade from highs · RSI 49 · price 1.41982
Range, holding above week low.
USDCAD has faded from the 1.42476 week high and is consolidating in a 1.4174–1.4217 range, with the corrective pullback off 14-month highs tied to softer USD on US-Iran de-escalation and an in-line PCE print. The 1.42173 day high capped the latest bounce near the 61.8% retrace of the week's decline, while the 1.4200 psych pivot is being tested on the close. Price sits on EMA(20) with RSI(14) neutral around 49.
Support: 1.4174, 1.41688
Resistance: 1.4200, 1.42173, 1.42476
What it said to watch
Canada GDP Tue 12:30 UTC could materially shift this read
H1 close below 1.4174 swing low opens a retest of the 1.41688 week low
Reclaim of 1.42173 day high reopens the 1.42476 week high
17:02 UTC
Range, correcting off highs · RSI 55 · price 1.4202
Consolidation mid-range after pullback.
USDCAD opened the week with a weekend gap down to 1.4185 on Monday, then ground higher through the NY session to tag 1.4217 before easing back to 1.4202. The pair is consolidating in the upper half of this week's range as the broader correction off the 1.4248 14-month high stalls, with RSI(14) cycling mid-range near 55 and price holding above EMA20. Demand has stepped in repeatedly around 1.4174–1.4196.
Support: 1.4196, 1.4174, 1.4169
Resistance: 1.4217, 1.4248
What it said to watch
Close above 1.4217 week high opens the path toward 1.4248
Failure to hold EMA20 near 1.4196 exposes the 1.4174 swing low
Canada GDP and US JOLTS on Jun 30 could materially shift this read
16:01 UTC
Recovering off week lows within range · RSI 62 · price 1.42118
Weekly range, bounce from base.
USDCAD printed a fresh 14-month high near 1.4248 early week before selling into the 1.4169 week low Thursday as the USD eased on US-Iran de-escalation. Post-weekend price has recovered above EMA20 toward the 1.4217 recovery high, with RSI(14) cycling back to the low-60s. Weak oil is still capping CAD, keeping the broader range intact between 1.4169 and 1.4248.
Support: 1.4196, 1.4176, 1.4169
Resistance: 1.4217, 1.4248
What it said to watch
Hourly close above 1.4217 recovery hi reopens the 1.4248 14-month high
Loss of 1.4176 swing low confirms a lower-low and reasserts the week low at 1.4169
Canada GDP MoM Tue 12:30 GMT and Macklem could materially shift this read
Basing above 1.4169 after Tuesday's drop from 1.4248.
USDCAD spent Tuesday rejecting the 1.4248 14-month high before sliding to 1.4169 as the US-Iran de-escalation drained the USD safe-haven bid. Price has since carved a double base near 1.4174 and climbed back above EMA20 through the NY session, with RSI cycling back to 60. The 1.4169–1.4248 range still frames the week.
Support: 1.4194, 1.41688, 1.41857
Resistance: 1.42173, 1.42248, 1.42476
What it said to watch
H1 close above 1.42248 reopens the path to the 1.42476 swing high
Failure to hold 1.41940 (EMA20) puts the 1.41688 week low back in play
Canada GDP (Tue 12:30 GMT) and Fed's Warsh (Wed) could materially shift this read
USDCAD spent the week unwinding from the 14-month high near 1.42476, sliding to a 1.41688 low as the dollar softened on US-Iran de-escalation and oil steadied. Price has based around 1.4174-1.419 and ground back above EMA20 into today's session, recovering roughly half of the decline. RSI(14) sits mid-range near 54, neutral after the corrective leg.
Support: 1.4194, 1.4176, 1.41688
Resistance: 1.4214, 1.42476
What it said to watch
Hourly close above 1.42140 day high reopens the path to the 1.42476 week high
Failure to hold 1.41760 swing low confirms a lower-low and reopens 1.41688
Canada GDP Tue 12:30 UTC and Wed ADP/ISM cluster could materially shift this read
13:02 UTC
Pullback from highs, stabilising · RSI 57 · price 1.42042
Consolidation off 14-month high.
USDCAD rolled over from the 14mo high at 1.4248 mid-week as the soft-USD US-Iran de-escalation theme trimmed safe-haven demand, before stalling into the week low near 1.4169. Price has since consolidated above the post-gap low at 1.4175 and reclaimed the EMA20, edging back toward the recent high at 1.4210 with RSI(14) cycling around the mid-50s. The week's dominant move remains the drop off 1.4248, and that range still frames trade.
Support: 1.4175, 1.4169
Resistance: 1.4210, 1.4248
What it said to watch
Canada GDP Tue 12:30 UTC could materially shift this read
H1 close above 1.4210 reopens the path toward the 14mo high at 1.4248
Failure to hold 1.4175 exposes the week low at 1.4169
12:01 UTC
Corrective pullback off the high, basing · RSI 55 · price 1.42045
Range after rejection at 14-mo high.
USDCAD spiked to a 14-month high at 1.42476 early in the week before a corrective slide unwound the overbought stretch back toward 1.4174, in line with the soft-USD, US-Iran de-escalation tone. After the weekend gap price has consolidated 1.4174–1.4208 and is now back above EMA20/50 with RSI recovering toward the mid-50s. The week high at 1.42476 capped the advance and remains the key ceiling.
Support: 1.41747, 1.41686
Resistance: 1.4208, 1.42476
What it said to watch
Hourly close above 1.4208 reopens the path toward the 1.42476 week high
Failure to hold 1.41747 confirms a lower-low and reopens 1.41686
ADP + Warsh + ISM (Jul 1) and Canada GDP are imminent risks that could break the range
Ranging below the week's high after rejection at 1.4248.
USDCAD ran to a 14-month high at 1.42476 mid-week before a yield- and oil-led correction dragged it back under the EMA50, and price has since coiled in a 1.4174–1.4199 range. RSI(14) sits mid-zone near 50 with lower highs printing off the 1.4248 peak, reflecting the CAD bounce on softer Fed bets and the US-Iran de-escalation. Demand has stepped in twice around 1.4174 while supply caps near 1.4200.
Support: 1.41747, 1.41688
Resistance: 1.41988, 1.4200, 1.42476
What it said to watch
H1 close above 1.4200 reopens the 1.42476 weekly high
Loss of 1.4174 confirms a lower-low toward 1.4170
Canada GDP Tue 12:30 UTC could break the range either side
USDCAD pulled back from the 1.4248 week high in a three-day correction, with the down-leg basing near 1.4169 before stabilising. Price is pinned around EMA20 near 1.4189 with RSI hovering at 50, and Monday's session has held a tight 1.4176-1.4198 range. CAD firmed as the US-Iran de-escalation eased the dollar's safe-haven bid into a heavy data week.
Support: 1.41747, 1.41686
Resistance: 1.4199, 1.4200, 1.42476
What it said to watch
H1 close above 1.4199 reopens the 1.4248 week high
Loss of 1.4169 confirms continuation of the correction toward 1.41
Canada GDP Tue 12:30 UTC could shift this read
09:02 UTC
Corrective pullback off 14-month high · RSI 51 · price 1.41949
Lower highs after double-top breakdown, recovering.
USDCAD corrected for a third session from the 1.42476 14-month high, sliding toward the 1.41688 swing low as the USD eased on profit-taking and US-Iran de-escalation. A double top near 1.42476 gave way and the pair now trades back around EMA20 at ~1.4195, with RSI(14) hovering near 50. The 1.4200 psych cap and the prior week high above are the levels capping any recovery.
Support: 1.41747, 1.41688
Resistance: 1.4200, 1.42476
What it said to watch
Canada GDP MoM Tue could shift this read
H1 close above 1.4200 reopens the path toward the 1.42476 week high
Failure to hold 1.41747 reasserts the slide toward the 1.41688 swing low
08:02 UTC
Pullback after uptrend, now ranging · RSI 47 · price 1.41895
Consolidation below week high after leg down.
USDCAD ran to a fresh 14-month high at 1.4248 mid-week before a leg down into 1.4168, with PCE-trimmed Fed-hike odds cooling the dollar and easing CAD pressure. Price has since coiled in a 1.4170–1.4200 range, hugging EMA20 but capped below EMA50, and RSI(14) sits mid-range near 47 — momentum flat. The psych 1.4200 has rejected attempts since the pullback, while the 1.4174 swing low has held.
Support: 1.4174, 1.4168
Resistance: 1.4200, 1.4248
What it said to watch
H1 close above 1.4200 reopens the path back toward the 1.4248 week high
Close below 1.4168 confirms a lower-low and breaks the range floor
Canada GDP Tue 12:30 UTC and Macklem Wed could materially shift this read
07:02 UTC
Pullback off 14-month highs, momentum down · RSI 42 · price 1.41776
Lower highs after double-top rejection.
USDCAD twice rejected the 1.42476 week high and has carved lower highs since, with in-line US PCE trimming Fed-hike odds and an oil bounce lending the Loonie support. Price re-opened the week below the EMA20 near 1.41890 and is sliding back toward the 1.41747 session low. RSI(14) sits in the low 40s, confirming the loss of upside drive without yet reaching oversold.
Support: 1.41747, 1.41688
Resistance: 1.4189, 1.4200, 1.42476
What it said to watch
H1 close below 1.41688 swing low confirms a lower low and opens the path toward the 1.41 area
Reclaim of the 1.42000 round number puts the EMA20 and week high back in focus
Canada GDP MoM Tue 12:30 UTC could materially shift this read
USDCAD has pulled back from this week's 1.4248 high (April-2025 levels) and is consolidating around 1.4190 below both EMAs, with RSI cycling in the low-to-mid 40s. The fade tracks USD profit-taking after in-line US PCE trimmed July Fed-hike odds, alongside an oil bounce supporting the Loonie. Price held a weekend gap-down and is now pinned between the 1.4174 swing low and the 1.4205 prior high.
Support: 1.4174, 1.41672, 1.4100
Resistance: 1.4205, 1.42476
What it said to watch
H1 close below 1.41672 confirms a lower low and opens the 1.41 pivot
Reclaim above 1.4205 reasserts the prior high and reopens 1.4248
Canada GDP and US ADP this week could materially shift this read
05:02 UTC
Pullback from highs, now consolidating · RSI 47 · price 1.41918
Corrective range below week's double top.
USD/CAD rolled off 14-month highs after a clean double top at 1.42476 capped twice this week, sliding to the 1.4170 area as in-line US PCE trimmed Fed-hike odds and oil steadied, supporting CAD. Price now consolidates near 1.4192, sitting on EMA(20) but below EMA(50), with RSI(14) recovering toward the midline. A small weekend gap opened slightly lower into thin holiday flow.
Support: 1.4177, 1.41688
Resistance: 1.4200, 1.4225, 1.42476
What it said to watch
Hourly close above 1.42000 psych reopens the 1.4225-1.42476 double top zone
Loss of 1.41688 week low confirms a deeper correction
USDCAD twice rejected 1.4248 midweek, carving a double top, then sold off sharply Thursday-Friday as the USD eased on in-line PCE and CAD firmed. Price now consolidates around 1.4190 into Monday's thin holiday open, holding the EMA20 but capped below the session high at 1.4198. RSI(14) sits mid-range near 49 after the corrective leg lower.
Support: 1.4169, 1.4150
Resistance: 1.4198, 1.4248
What it said to watch
H1 close above 1.4198 reopens the path toward the 1.4248 double top
Loss of 1.4169 week low confirms a lower low
Canada GDP (Jun 30) could materially shift this read
Lower highs off the 1.4248 top, ranging 1.4170-1.4200.
USDCAD stalled twice at the 14-month high near 1.4245 forming a double top before pulling back toward 1.4188; the rejection came as Friday's in-line US PCE trimmed Fed hike odds and a modest oil rebound steadied CAD. Price re-opened with a small weekend gap below Friday's close and is now consolidating just under EMA(20), with RSI(14) cycling mid-40s after the slide. The 1.4170 swing low has so far held while 1.4200 round number caps the bounce.
Support: 1.4170, 1.4150
Resistance: 1.4200, 1.4245
What it said to watch
H1 close back above 1.4200 round number re-engages the 1.4245 14mo high
Loss of 1.4170 swing low confirms a deeper correction toward the 1.4150 former peak
Canada GDP MoM (Tue Jun 30) could materially shift this read
USDCAD pushed to a fresh 14-month high near 1.42476 mid-week before fading as in-line US PCE trimmed Fed-hike odds and oil firmed, easing the CAD-bearish impulse. Price has since drifted back to the 1.4190 area, holding the 1.41770 swing low and tracking EMA(20) with RSI(14) parked mid-range. The 1.4200 round number and the 1.42476 high cap the topside after a small weekend gap.
Support: 1.4177, 1.41646
Resistance: 1.4200, 1.42476
What it said to watch
Hourly close above 1.42000 reopens the path to the 1.42476 week high
Loss of 1.41770 swing low confirms a lower low toward the 1.41646 week low
Canada GDP MoM (Tue 12:30 UTC) could materially shift this read
01:02 UTC
Rally faded, now consolidating · RSI 48 · price 1.41932
Pullback off 14-month high, sideways near 1.419.
USDCAD opened Monday near 1.4163 and pushed to fresh 14-month highs around 1.4248 by midweek before reversing in the NY session as in-line US PCE trimmed Fed-hike odds and oil firmed. Price has since drifted back to consolidate around 1.419, holding just above EMA20 but capped below EMA50 near 1.4205. RSI(14) has eased to the mid-40s, neutralising the earlier momentum.
Support: 1.4172, 1.4150
Resistance: 1.4205, 1.4240
What it said to watch
Canada GDP MoM Tue 12:30 UTC could shift this read
ADP and ISM Wed are near-term catalysts for the USD leg
USDCAD rallied to fresh 14-month highs near 1.4248 into Thursday's NY session before Friday's in-line US PCE knocked the dollar back, dragging price to the 1.4170 swing low. The pair is now consolidating around 1.4190 at the H1 EMA(20) with RSI(14) recovered to the mid-40s. The 1.4248 double top capped two attempts and remains the week's ceiling.
Support: 1.4170, 1.4130
Resistance: 1.4200, 1.42476
What it said to watch
H1 close back above 1.4200 EMA(50) would reassert the week's uptrend
Failure to hold 1.4170 swing low opens 1.4130 prior peak support
Canada GDP (Jun 30 12:30 UTC) and US ADP/ISM (Jul 1) could materially shift this read