USD/CAD AI Live Scan, 4-hour chart, Saturday, 31 October 2026

Every read JAFX AI made on the USD/CAD 4-hour chart that day, newest first: trend, structure, the levels it marked and what it said to watch.

21:43 UTC

Downtrend, momentum slowing · price 1.39763

Lower highs and lower lows since 1.4299, contracting into a falling wedge.

No narrative produced.

Support: 1.39414, 1.3900

Resistance: 1.40048, 1.40682, 1.40816

17:38 UTC

Downtrend, pace slowing near lows · RSI 37 · price 1.39763

Lower highs from 1.4299; tight consolidation above 1.3941.

Lower-high sequence has held since the 1.4299 peak, with the 1.4068 lower high rolling over into a break and hold below 1.40. That break followed the BoC's 25bp hike and oil holding above $103. Price is now compressing in a 1.3941-1.4014 band beneath both EMAs, with EMA20 below EMA50. ATR(14) near 28 pips points to a grinding move rather than an expanding one, and the swing low at 1.3941 is the floor being tested.

Support: 1.3941, 1.3900

Resistance: 1.4014, 1.4068, 1.4120

What it said to watch

  • H4 close back above the 1.4014 range cap would break the consolidation and expose the 1.4068 lower high
  • Failure to hold the 1.3941 swing low extends the lower-low sequence toward the 1.3900 round number
  • Fib 50% at 1.4120 and the lower highs trendline near 1.4020 cap any recovery leg
  • ISM Manufacturing (Mon 15:00 UTC) and Macklem speech (Tue 16:00 UTC) could materially shift this read

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