USDCAD carved a six-week low near 1.3991 mid-week as a broad USD selloff and softer oil-linked flows pressured the pair, then ground higher through the NY session to consolidate just under 1.4051. RSI(14) sits mid-range and price is holding above EMA(20), but the last several bars have narrowed into a tight range as the recovery stalls at resistance. Canada jobs Friday is the next real catalyst.
Support: 1.4039, 1.4000, 1.3991
Resistance: 1.4053, 1.40583, 1.4110
What it said to watch
Close above 1.4053/1.4058 opens the path to the 1.4110 barrier
Failure to hold 1.4000 psych reopens the 1.3991 june low
Canada jobs Fri and Wed ADP/ISM Services could shift this read
Base after downtrend, higher lows into current session.
USDCAD sold off from Monday's 1.4106 open to a weekly low near 1.3990 on Thursday as tumbling crude briefly gave way but a firmer USD capped the downside. Since then price has carved a rounded base and lifted on higher lows, now holding above EMA(20) around 1.4040 with RSI(14) cycling in the mid-50s. Recent highs near 1.4051 have capped the recovery, with the 1.4000 psych level acting as the pivot below.
Support: 1.4000, 1.3990
Resistance: 1.4051, 1.4110
What it said to watch
H1 close below 1.4000 psych reopens the 1.3990 weekly low
Break above 1.4051 recent high exposes the 1.4110 prior high
Canada jobs Fri and Wed US ADP/ISM Services could reshape this read
Higher lows since Monday, consolidating near range top.
USDCAD has clawed back from Monday's 1.3991 six-week low, grinding higher through the NY session as slumping crude kept the Loonie on the back foot. Price holds above the 1.4000 round number with EMA(20) supporting the pullbacks, but the 1.4051 session high has capped the advance and the last few bars are consolidating on thin late-NY volume. RSI(14) sits mid-50s, reflecting a fading recovery rather than fresh momentum.
Support: 1.4000, 1.3991
Resistance: 1.4051, 1.4106
What it said to watch
H1 close above 1.4051 opens the path back toward the 1.4106 week high
Failure to hold 1.4000 reopens the 1.3991 week low
ADP/ISM Services Wed and Canada jobs Fri are the week's key catalysts
21:03 UTC
Recovery, higher lows · RSI 57 · price 1.40455
Higher lows since Monday's open, capped at 1.4051.
USDCAD has ground higher off Monday's 1.4006 weekly open, printing a sequence of higher lows through the NY session while holding above both EMA20 and EMA50. The recovery has stalled at 1.4051, where two attempts this session have been capped; softer crude on US-Iran de-escalation has underpinned the bid despite Friday's Canada GDP beat. RSI sits mid-50s with no divergence into the highs.
Support: 1.4028, 1.4006, 1.4000
Resistance: 1.4051, 1.4066, 1.4110
What it said to watch
H1 close above 1.4051 opens the path to 1.4066 and the 1.4110 week high
Loss of 1.4028 breaks the higher-low sequence and reopens 1.4000
ISM Services Wed and Canada jobs Friday are the week's key catalysts
Since Monday's open USDCAD slid from 1.4103 toward the 1.3991 June-low zone mid-week as slumping crude pressured the pair, then based and rounded back above the 1.4000 psych line. Price now holds 1.4040-1.4050 above EMA20 and EMA50 with RSI cycling mid-50s; the 1.4051 recent high has capped the last two sessions. Broad USD firmness on the hawkish-Fed regime is supporting the grind while oil headlines steer the two-way risk.
Support: 1.4038, 1.4000, 1.3991
Resistance: 1.4051, 1.4110
What it said to watch
H1 close above 1.4051 opens the path to the 1.4110 barrier
Failure to hold 1.4000 psych re-exposes the 1.3991 june low
USDCAD carved a week low near 1.3990 mid-week as the pair flushed on a broad USD dip, then has ground steadily higher since Monday's open with price holding above EMA20 and RSI cycling mid-range. Falling crude on US-Iran talks has kept the Loonie on the back foot, lifting the pair back toward the 1.4053 session high. The 1.4000 psych area and weekly open have absorbed pullbacks.
Support: 1.40057, 1.4000, 1.39904
Resistance: 1.40531, 1.4110
What it said to watch
H1 close above 1.4053 opens the path toward the 1.4110 barrier
Loss of 1.4006 weekly open re-exposes the 1.4000 psych and week low
Crude direction on US-Iran headlines is the dominant near-term CAD driver
USDCAD has ground higher since Monday's open, building a sequence of higher lows off the 1.3990 week low and now sitting on EMA20 near 1.4040 with RSI(14) around mid-range. The bid reflects softer crude on US-Iran talks weighing on CAD, while the 1.4051 week high has capped the last two NY-session attempts. Price stalls near the 50% retrace of last week's 1.4105–1.3990 down move.
Support: 1.4040, 1.4000, 1.3990
Resistance: 1.4051, 1.4110
What it said to watch
H1 close above 1.4051 opens the path back toward the 1.4110 barrier
Loss of 1.4000 psych reopens the 1.3990 week low
ADP and ISM Services Wed could materially shift this read; Canada jobs Fri the week's main catalyst
USD/CAD sold off mid-week into the 1.3990 weekly low as tumbling crude weighed on CAD, then based and ground higher after the weekend gap open near 1.4006. Price has reclaimed EMA20 and EMA50 and stalled at 1.4053, with RSU cycling around 60 on each push. Resistance at 1.4053 has capped the recovery, keeping price inside Friday's range.
Support: 1.4027, 1.4000, 1.3991
Resistance: 1.4053, 1.40674, 1.4110
What it said to watch
H1 close above 1.4053 opens the path toward 1.4067 then the 1.4110 barrier
Failure to hold 1.4027 exposes the 1.4000 psych level and 1.3991 weekly low
US ADP/ISM Services Wed and Canada jobs Fri could materially shift this read
USDCAD recovered off the 1.3991 weekly low and has ground higher since Monday's open, holding above EMA20 with RSI(14) cycling in the mid-50s. Falling crude on US-Iran de-escalation kept a bid under the pair, though a softer broad USD capped it below the 1.4051 session high. Price sits mid-channel, consolidating the week's rebound.
Support: 1.4027, 1.4000, 1.3991
Resistance: 1.4051, 1.4110
What it said to watch
H1 close above 1.4051 opens the path back toward the 1.4110 week high
Failure to hold the 1.4000 psych reopens the 1.3991 weekly low
Wed US ADP/ISM Services and Fri Canada jobs could shift this read
18:02 UTC
Recovery, higher lows · RSI 60 · price 1.40511
Grinding up off Monday's low.
USDCAD carved a six-week low near 1.3990 late last week as sliding crude and firm Canadian GDP weighed, then recovered through the Monday session into NY, printing higher lows above EMA20/50. Price is now testing the 1.4051 session high after tagging it into today's NY hours; the 1.4000 psychological level and 1.3995 weekly low sit as the base of the recovery.
Support: 1.4000, 1.39948, 1.4029
Resistance: 1.4051, 1.40674
What it said to watch
H1 close above 1.4051 opens the path back to the 1.40674 week high
Failure to hold 1.4000 reopens the 1.39948 weekly low
Canada S&P Global Mfg PMI Tue and Fri jobs/NFP could reshape this read
USDCAD sold off from 1.4110 to a six-week low near 1.3990 mid-week, then based and has ground higher on a series of higher lows, holding above EMA(20) into this session at 1.4051. The 1.4055/1.4067 zone has capped prior attempts and is the near-term ceiling; a sliding-oil, firm-USD backdrop is keeping the pair pinned above 1.4000. RSI(14) sits in the 60s, tracking the recovery without stretching.
Support: 1.4037, 1.4000, 1.3991
Resistance: 1.4055, 1.4067, 1.4110
What it said to watch
H1 close above 1.4067 opens the path back toward the 1.4110 barrier
Failure to hold 1.4037 EMA(20) / 1.4000 psych undermines the recovery read
Tue S&P Global Mfg PMI and Fri Canada jobs + US NFP could reset this structure
USDCAD sold off from Monday's 1.4105 open to a 1.3991 weekly low as crude slid on US-Iran de-escalation, then based twice near 1.3990 before grinding back to 1.4044. Price has held above EMA(20) through the NY session with RSI(14) cycling in the mid-50s on each pullback, but the 1.4049 range top has capped the recovery so far.
Support: 1.4020, 1.4000, 1.3991
Resistance: 1.4049, 1.4058, 1.4110
What it said to watch
H1 close above 1.4049 range top opens the path toward 1.4110
Loss of 1.4000 psych reopens the 1.3991 weekly low
Canada S&P Global Mfg PMI Tue 13:30 GMT could shift the CAD read
USDCAD sold off hard mid-window into the 1.3990 six-week low as crude slid on US-Iran de-escalation, then based and ground back toward 1.4044 into Monday's NY session. Price now sits above EMA20 and EMA50 with RSI cycling around the mid-50s, but the recovery has stalled under the 1.4058 week high after a small weekend gap. Structure reads as consolidation above the 1.4000 psychological handle rather than fresh trend.
Support: 1.4025, 1.4000, 1.3990
Resistance: 1.4058, 1.4110
What it said to watch
H1 close above 1.4058 opens the path toward the 1.4110 barrier
Loss of 1.4000 psych exposes the 1.3990 six-week low
Canada S&P Mfg PMI Tue and the Wed US ADP/ISM Services double-header could shift this read
USDCAD slid from Monday's 1.4110 area to a 1.3991 low, where demand stepped in twice to form a double bottom, and has since recovered toward 1.4040. Price now trades back above EMA(20) with RSI(14) mid-range as the pair consolidates below the 1.4050 range top. Firm USD and sliding oil frame the week, but the 1.3991/1.4000 floor has held on each test.
Support: 1.4000, 1.3991
Resistance: 1.4050, 1.4110
What it said to watch
H1 close below 1.4000 reopens the 1.3991 week low
Reclaim of 1.4050 exposes the 1.4110 week high
Canada Mfg PMI Tue and jobs Friday could shift this read
USDCAD carved a six-week low near 1.3990 mid-week before basing above the 1.4000 psychological floor, the loonie pressured as crude slid on US-Iran de-escalation while firm USD capped the downside. Price has recovered to 1.404, holding above EMA20 with RSI cycling near 54 and printing higher lows since the base. Resistance at 1.4049 has capped the bounce, with the 1.4110 barrier stacked above.
Support: 1.4000, 1.3991
Resistance: 1.4049, 1.40583, 1.4110
What it said to watch
H1 close above 1.4058 opens the path toward the 1.4110 barrier
Loss of 1.4000 exposes the 1.3991 six-week low
Canada S&P Mfg PMI Tue and Fri jobs double-header could shift this read
USDCAD sold off sharply mid-week into a six-week low near 1.3991 on broad USD softness before the Fed's hawkish hold and slipping oil rebuilt the pair back toward 1.4045. Since the weekend reopen price has ground higher along a series of higher lows, holding above EMA20 and EMA50 with RSI(14) mid-range. The 1.4045-1.4050 zone has capped two attempts this week and remains the range top.
Support: 1.4000, 1.3991
Resistance: 1.4050, 1.4110
What it said to watch
H1 close above 1.4050 opens the path toward the 1.4110 barrier
Failure to hold 1.4000 reopens the 1.3991 low
US ADP + ISM Services (Wed) and Canada jobs (Fri) are the key gates for this range
USDCAD carved a downtrend through Monday–Tuesday, sliding from 1.4110 to a 1.3991 week low before stabilising above the 1.4000 psych handle into this week's open. Price has since ground higher off that low and reclaimed EMA(20), with RSI(14) back near 53, but the 1.4050 round number has capped the last two NY pushes. Crude's slide on US-Iran talks kept CAD offered, yet the bounce lacks momentum below that cap.
Support: 1.4000, 1.39904
Resistance: 1.4050, 1.4110
What it said to watch
H1 close above 1.4050 opens the path to the 1.4110 barrier
Loss of the 1.4000 psych re-exposes the 1.3991 week low
ADP and ISM Services Wed could shift the USD leg
14:02 UTC
Range, grinding off lows · RSI 56 · price 1.40437
Range-bound 1.40-1.41, higher lows since Monday.
USDCAD stays pinned in the 1.40-1.41 range that has framed the week, with the mid-window slide to the 1.3991 two-week low bought back above 1.4040. Price has printed higher lows since Monday's open near 1.4006, holding above EMA20 with RSI(14) cycling in the mid-50s. CAD softness on the ~7% oil drop has kept the pair biased toward the middle of its range rather than testing the 1.4000 floor.
Support: 1.4000, 1.3991
Resistance: 1.4050, 1.4110
What it said to watch
H1 close above 1.4050 opens the path back to the 1.4110 range top
Loss of 1.4000 exposes the 1.3991 two-week low
US ISM Manufacturing (14:00 UTC) could shift this read immediately
Since Monday's slide from 1.4110, USDCAD bottomed near the 1.3991 two-week low and has carved higher lows, grinding back to 1.4044 through the NY session. RSI(14) sits mid-range with price holding above EMA20/50, but the 1.40-1.41 range is intact and 1.4049 is capping the current push. Oil weakness on US-Iran talk headlines is the dominant CAD steer this week.
Support: 1.4000, 1.3991
Resistance: 1.4049, 1.4110
What it said to watch
H1 close above 1.4049 session high then 1.4066 opens the path to the 1.4110 range top
Failure to hold the 1.4000 psych level reopens the 1.3991 2wk low
US ISM Manufacturing at 14:00 UTC could shift this read intraday
Friday's twin US NFP and Canada jobs are the week's marquee catalysts
USDCAD sold off from the 1.4108 area midweek down to the 1.39904 week low as crude tumbled on US-Iran talk hopes, then carved out a rounded base and has ground higher on rising lows. Price sits above both EMAs into the NY session, with the 1.40442 session high capping the recovery and 1.4000 psych holding underneath. ISM Manufacturing is due within the hour and is the near-term USD catalyst.
Support: 1.40285, 1.4000, 1.39904
Resistance: 1.40442, 1.40662, 1.4110
What it said to watch
US ISM Manufacturing PMI (14:00 UTC) could materially shift this read
H1 close below 1.40285 breaks the rising higher-low support
Close above 1.40442 session high opens the path to the 1.4110 upside barrier
13:02 UTC
Range, recovering off lows · RSI 55 · price 1.40377
1.40-1.41 range, higher lows since reopen.
USD/CAD has held a 1.40-1.41 range all week, with the dominant leg lower on the Thursday slide to the 1.3990 weekly low as oil tumbled on US-Iran talk hopes. Since Monday's reopen price has carved higher lows back to the 1.4045 session high, now sitting mid-range near the 38.2% retrace of the week's decline. RSI(14) is mid-range and price holds above EMA20.
Support: 1.4028, 1.4000, 1.3990
Resistance: 1.4045, 1.4058, 1.4110
What it said to watch
H1 close above 1.4045 opens the path toward the 1.4058 range top
Failure to hold 1.4028 swing low exposes the 1.4000 psych pivot
US ISM at 14:00 UTC could materially shift this read
12:02 UTC
This-week downtrend, now basing · RSI 46 · price 1.40288
Ranging 1.4000–1.4044 after decline off 1.4110.
The week opened near 1.4113 and sold through mid-week to a two-week low at 1.3990 before basing and grinding back to the 1.4044 area; softer crude on US-Iran talk hopes has been the dominant CAD lever. Since the weekend reopen price has cycled 1.4000–1.4044 and just pulled back to 1.4029, slipping under EMA(20) while holding above EMA(50). RSI(14) sits mid-range around 46, reflecting the loss of the recovery's momentum.
Support: 1.4000, 1.3990
Resistance: 1.4044, 1.4067, 1.4110
What it said to watch
H1 close above 1.4044 session high opens 1.4067 then the 1.4110 week barrier
Failure to hold the 1.4000 psych level reopens the 1.3990 two-week low
US ISM Manufacturing today 14:00 UTC could shift this read into the NY session
USDCAD slid from the 1.4110 week high through midweek toward a 1.3991 two-week low as a softer USD and Friday's Canadian GDP beat (0.3% vs 0.2%) capped the pair. Price has since based near 1.400 with a double-bottom recovery, but stalled in the lower third of the drop and is now grinding sideways around EMA20. ISM Manufacturing at 14:00 UTC is the next catalyst into a heavy jobs week.
Support: 1.4000, 1.39904
Resistance: 1.4044, 1.40662, 1.4110
What it said to watch
H1 close above 1.4044 opens the 1.40662 fib retracement
Failure to hold 1.4000 psych reopens the 1.3991 two-week low
ISM Manufacturing PMI 14:00 UTC could shift this read
USDCAD carved out a base near 1.3991 after mid-week supply drove the pair off 1.4110, and price has posted higher lows since Monday's open around 1.4006. It now trades above EMA20 and EMA50 with RSI(14) cycling in the upper 50s-low 60s, consistent with a soft-USD, softer-crude backdrop keeping the pair pinned in Friday's upper range. The 1.40452 day high has capped the latest push, with the deeper 1.40583 swing next in line.
Support: 1.40057, 1.4000, 1.3991
Resistance: 1.40452, 1.40583, 1.4110
What it said to watch
H1 close above 1.40583 opens the path back toward the 1.4110 barrier
Failure to hold 1.40057 weekly open / 1.4000 psych confirms a lower low
ISM Manufacturing today 14:00 UTC could shift this read
USDCAD has ground steadily higher since Monday's open, lifting from near 1.4003 to the 1.40452 session high while holding above EMA(20). This follows a heavy mid-week sell-off toward the 1.3990 two-week low as crude tumbled on US-Iran diplomacy headlines, with the recovery carving a series of higher lows. Price now sits mid-way in the week's 1.4117-1.3990 range, RSI cycling in the low-60s.
Support: 1.4000, 1.3990
Resistance: 1.40452, 1.4110
What it said to watch
Close above 1.40452 session high opens the path toward the 1.4110 barrier
Failure to hold the 1.4000 psych reopens the 1.3990 two-week low
US ISM Manufacturing PMI at 14:00 UTC could materially shift this read
USDCAD carved a weekly low near 1.3990 mid-week as crude tumbled then bounced on US-Iran talk hopes, and has since put in a series of higher lows off Monday's open around 1.4006 into 1.40425. Price holds above EMA20 with RSI(14) cycling in the upper-50s/low-60s; the 1.4055 prior high is the first cap, with the deeper 1.3990 double-bottom base underneath. Broad USD softness at six-week lows is tempering the advance ahead of ISM.
Support: 1.4027, 1.4000, 1.39904
Resistance: 1.40554, 1.4111
What it said to watch
H1 close above 1.40554 opens the path toward the 1.4111 week high
Failure to hold 1.40000 psych reopens the 1.3990 week low
US ISM Manufacturing today 14:00 UTC could shift this read
Crude direction on US-Iran headlines remains the dominant CAD lever
USDCAD is grinding higher off the 1.3991 six-week low, printing higher lows since Monday's open and now sitting near the 38.2% retrace of last week's drop from 1.4117. Price holds above EMA20 and EMA50 with RSI cycling into the low 60s, but 1.4050 has capped the advance and the broader 1.4000-1.4110 range still frames the read. Soft USD and sliding oil have kept the pair pinned with no directional conviction.
Support: 1.4028, 1.4000, 1.3991
Resistance: 1.4050, 1.4110
What it said to watch
ISM Manufacturing PMI 14:00 UTC could materially shift this read
H1 close above 1.4050 opens the path toward 1.4110 range top
Failure to hold 1.4000 psych exposes the 1.3991 six-week low
USDCAD sold from Monday's 1.4117 into a 1.3990 six-week low midweek as soft US data pressured the dollar, then based twice near 1.4000 and has ground back up through the NY session. Price now sits above EMA(20) with RSI(14) cycling into the high-50s on the recovery, but the pair remains pinned inside the well-worn 1.4000-1.4110 band as weaker oil caps CAD gains against a soft USD.
Support: 1.4000, 1.39904, 1.40275
Resistance: 1.4044, 1.4050, 1.4110
What it said to watch
H1 close above 1.4050 opens the path back toward 1.4110
Failure to hold 1.4000 psych reopens the 1.3990 week low
ISM Manufacturing PMI today 14:00 UTC could shift the USD side of this read
Canada jobs Friday is the next real catalyst for the range
Basing off six-week low, grinding higher within range.
USDCAD is climbing off the six-week low near 1.399 that printed Friday as tumbling oil undercut the Loonie, with a double bottom around 1.3990–1.3995 holding twice. Since Monday's open the pair has stacked higher lows above EMA(20), RSI(14) cycling through the mid-50s. The broader 1.4000–1.4110 range still frames price, with 1.40583 the nearest cap.
Support: 1.4004, 1.4000, 1.39904
Resistance: 1.40583, 1.4110
What it said to watch
H1 close above 1.40583 opens the path back toward the 1.4110 range top
Failure to hold 1.4000 psych reopens the 1.399 week low
ISM Manufacturing today 14:00 UTC could shift this read; Canada jobs Fri the week's catalyst
Consolidation above 1.4000 after last week's slide.
USDCAD slid from 1.4110 to a six-week low near 1.3990 last week as soft USD and BoC-hold flows dominated, then based out in a 1.4000-1.4055 range. Monday's session reopened with a small gap and has ground higher along a series of higher lows, reclaiming EMA20/EMA50 with RSI back near 60. The 1.4055 swing high caps the recovery; the 1.4000 psych level and 1.3990 low mark the base.
Support: 1.4000, 1.3990
Resistance: 1.4055, 1.4110
What it said to watch
H1 close above 1.4055 opens the path toward the 1.4110 barrier
Failure to hold 1.4000 psych reopens the 1.3990 six-week low
ISM Manufacturing PMI at 14:00 UTC could materially shift this read
Week's decline based out above 1.4000, now consolidating.
USDCAD slid from Monday's 1.4118 to a two-week low at 1.3991 as the greenback hit six-week lows on suspected intervention, then based out and recovered above the 1.4000 psych pivot into the weekend gap. Price is now grinding at 1.4037 with RSI cycling back above 50, holding EMA20; the 1.4055 session high has capped the bounce so far. An upbeat Canadian GDP print did little as USDCAD stays pinned near the 1.40 pivot.
Support: 1.4000, 1.3991
Resistance: 1.4055, 1.4110
What it said to watch
H1 close back below 1.4000 re-exposes the 1.3991 two-week low
Break above 1.4055 session high opens the path to the 1.4110 barrier
US ISM Manufacturing at 14:00 UTC today could shift this read
Canada jobs Friday is the week's centrepiece for a range break
Week-long decline into a tight range above the 1.3991 low.
USDCAD sold off from Monday's 1.4118 open through the week, accelerating lower into an ISM/jobs-heavy week to print a two-week low at 1.3991 before basing. Price reopened after the weekend around 1.400 and has ground higher through the Asia and early London sessions to 1.4037, now sitting above a flattening EMA20/EMA50 with RSI back near 57. The 1.4000 psych pivot has held as demand stepped in twice, keeping price pinned in a tight range beneath the 1.4058 swing high.
Support: 1.4000, 1.3991
Resistance: 1.4040, 1.4058, 1.4110
What it said to watch
H1 close below 1.4000 reopens the 1.3991 two-week low
H1 close above 1.4058 targets the 1.4110 barrier
US ISM Manufacturing PMI at 14:00 UTC could break the range read
Canada jobs Friday is the week's structural catalyst
The week's dominant move was a slide from 1.4124 into a two-week low at 1.3991, driven by USD pinned near six-week lows and a CAD-firm GDP beat. Since the weekend gap, Monday's session has ground higher off 1.4003 in a shallow recovery, but price remains boxed 1.4000–1.4035 with RSI(14) back to neutral. The day high at 1.40353 caps the bounce while the 1.4000 psych level and 1.3991 low anchor the base.
Support: 1.4000, 1.3991
Resistance: 1.40353, 1.40494, 1.4110
What it said to watch
ISM Manufacturing today 14:00 UTC could shift the USD read
Close below 1.4000 reopens the 1.3991 two-week low
Break above 1.40353 day high exposes 1.40494 prior high then the 1.4110 barrier
Canadian jobs Friday is the week's main CAD catalyst
USDCAD sold off from Monday's ~1.4124 open, with the dominant leg lower carving a two-week low near 1.3991 into mid-week as the USD sat near six-week lows. Since then price has consolidated in a 1.4000-1.4055 band and is now hovering at 1.4027, back on EMA20 with RSI(14) mid-range. The 1.4000 psychological pivot has held as a floor while the 1.4055 range top has capped the bounces.
Support: 1.4000, 1.3991
Resistance: 1.4055, 1.4110
What it said to watch
Hourly close below 1.4000 opens the path back to the 1.3991 two-week low
Close above 1.4055 range top would challenge the 1.4110 upside barrier
US ISM Manufacturing today 14:00 UTC could shift this read; CAD jobs Friday is the week's main catalyst
USDCAD sold from Monday's ~1.412 open down to a two-week low at 1.3991 mid-week, pressured by broad USD softness after the GDP miss and a firm CAD following the 0.3% GDP beat. Since Friday's close price has ground back up toward 1.4034 on a series of small higher-lows, with the 1.4000 psych level holding as demand stepped in twice. The 1.40494 swing high caps the recovery and keeps the pair boxed inside its 1.40-1.41 range.
Support: 1.4000, 1.3991
Resistance: 1.40494, 1.4110
What it said to watch
H1 close above 1.40494 opens the path back toward the 1.4110 barrier
Loss of 1.4000 psych exposes the 1.3991 two-week low
ISM Manufacturing today and Canadian jobs Friday could materially shift this read
USDCAD sold off from 1.4124 through the week, with a sharp mid-week drop breaking under 1.4000 to base at the 1.3991 two-week low. Price has since recovered into Monday's Asia session, reclaiming EMA20 with RSI(14) cycling back toward 60; a better-than-forecast Canadian GDP and a hawkish Fed hold have pinned the pair in the 1.40-1.41 range. The Monday session high near 1.4035 caps for now, with 1.40583 the next supply above.
Support: 1.4000, 1.3991
Resistance: 1.4035, 1.40583, 1.4110
What it said to watch
H1 close above 1.40583 opens path toward the 1.4110 barrier
Failure to hold 1.4000 psych reopens the 1.3991 two-week low
US ISM Manufacturing at 14:00 UTC could shift this read
04:02 UTC
Downtrend, basing off lows · RSI 55 · price 1.4033
USDCAD spent the week grinding lower from Monday's 1.4118 open to a two-week low at 1.3991 as a firmer CAD leaned on the pair, before basing and recovering into 1.4033. Demand stepped in twice around 1.3990-1.4000 to form a double bottom, and price has since reclaimed EMA(20) with RSI cycling back above 50. The week's decline is defined by a string of lower highs, with supply last capping near 1.4058.
Support: 1.4000, 1.3991
Resistance: 1.4058, 1.4110, 1.4118
What it said to watch
US ISM Manufacturing PMI today 14:00 UTC could materially shift this read
H1 close above 1.4058 breaks the lower-highs sequence
Failure to hold 1.4000 confirms a fresh lower low toward 1.3991
Canadian jobs Friday 12:30 GMT is the week's main CAD risk
Consolidation above two-week low after impulsive selloff.
USDCAD sold off through the week — a stepwise decline from 1.4126 into a 1.3991 two-week low — with CAD firming after a beat on GDP before the USD staged a broad comeback on the hawkish Fed hold. Since the new week's open near 1.4006 price has ground back to 1.4033, holding above EMA20 with RSI cycling around the mid-50s; twin lows near 1.3991 have so far absorbed selling. The 1.4050 range top remains the pivot capping the recovery.
Support: 1.4000, 1.3991
Resistance: 1.4050, 1.40674, 1.4110
What it said to watch
H1 close above 1.4050 opens the path back toward the 1.40674 lower high
Failure to hold 1.4000 re-exposes the 1.3991 low
US ISM Manufacturing today 14:00 UTC could shift this read
USDCAD sold off sharply through Thursday and Friday from the 1.411 area to a two-week low at 1.3990, then based twice around the 1.4000 psychological pivot as the USD staged a broad recovery on the hawkish-lean Fed hold. Since the reopen price has ground back to 1.4032, holding above EMA(20) with RSI recovering through the mid-50s. Supply capped moves near 1.4050–1.4058 into the drop; that band now marks the first resistance shelf.
Support: 1.4000, 1.39904
Resistance: 1.40495, 1.40583, 1.4110
What it said to watch
H1 close above 1.4050 reopens the path toward the 1.4110 barrier
Loss of 1.3990 confirms a fresh lower low and breaks the base
Canadian jobs Fri 12:30 GMT can materially shift this read
02:02 UTC
Downtrend, basing after flush · RSI 57 · price 1.40315
Recovering off two-week low, lower highs intact.
USDCAD trended lower from Monday's ~1.4116 open, then flushed to a two-week low near 1.3991 on Thursday's USD sell-off tied to suspected JPY intervention before rebounding above 1.4000. Since the weekend gap the pair has ground back to 1.4032 through the Asia session, reclaiming EMA(20) with RSI(14) cycling back above 55. The 1.4000 psych pivot has held as demand, but the string of lower highs from 1.4126 down to 1.4067 still caps the week.
Support: 1.4000, 1.39904
Resistance: 1.4054, 1.4110
What it said to watch
H1 close below 1.4000 reopens the 1.3991 week low
Close above 1.4054 breaks the lower-high sequence
ISM Manufacturing PMI at 14:00 UTC could materially shift this read
USDCAD trended lower through the week from 1.411, sweeping a two-week low near 1.3990 before the USD comeback tied to firmer yields and short-covering steadied it. Price has based above the 1.4000 psych level and reclaimed the EMA(20), with the Asia session grinding back to 1.4031. Lower highs into 1.4050 still cap the rebound while 1.4110 marks the week's ceiling.
Support: 1.4000, 1.3990
Resistance: 1.4050, 1.4110
What it said to watch
H1 close above 1.4050 lower high would break the descending sequence toward 1.4110
Loss of 1.4000 psych re-exposes the 1.3990 wk low
ISM Manufacturing PMI at 14:00 UTC could materially shift this read
01:02 UTC
Downtrend stalling, now ranging · RSI 48 · price 1.40237
Consolidation above 1.4000 after week's decline.
USD/CAD sold off through the week from 1.4126 to a two-week low at 1.3992, with the sharpest leg landing in Friday's NY session despite the Canada GDP beat as the broad USD comeback dominated. Since the weekend gap price has consolidated in a tight band above the 1.4000 psych level, RSI(14) recovering back toward the midline. 1.4050 has capped the current bounce.
Support: 1.4000, 1.39916
Resistance: 1.40494, 1.4110
What it said to watch
H1 close above 1.4050 opens the path back toward the 1.4110 range top
Failure to hold 1.4000 confirms a lower low toward the 1.3992 two-week low
ISM Manufacturing PMI today 14:00 UTC could materially shift this read
01:02 UTC
Downtrend this week, now consolidating · RSI 53 · price 1.40237
Range near weekly lows, 1.4000–1.4050.
USDCAD slid through the week from Monday's ~1.412 open to a Friday low near 1.3991, with the sharpest leg on the London-NY session as the USD comeback overrode a stronger Canadian GDP print. Price has since based in a 1.4000–1.4050 range and reopened with a small weekend gap; it now holds just above the EMA20 near 1.4020 with RSI back to the mid-50s. The 1.4050 range top has capped the bounce while 1.4000 psych and the 1.3991 two-week low mark the floor.
Support: 1.4020, 1.4000, 1.3991
Resistance: 1.4050, 1.4110
What it said to watch
H1 close above 1.4050 opens the path back toward the 1.4110 week barrier
Failure to hold 1.4000/1.3991 confirms a lower low
US ISM Manufacturing at 14:00 UTC could break the range
00:02 UTC
Downtrend, stabilising · RSI 46 · price 1.4016
Lower highs into a base above 1.3991.
USDCAD has trended lower since Monday's open, sliding from the 1.412 area to a 1.3991 two-week low as the CAD GDP beat was shrugged off and Fed rate-spread dominance kept the pair pinned. Price is now basing between 1.4000 and 1.4055, holding below EMA20 and EMA50 with RSI cycling in the low 40s. The recovery into the current bar is shallow and remains capped by the descending lower-high line.
Support: 1.4000, 1.3991
Resistance: 1.4055, 1.4110
What it said to watch
H1 close below 1.3991 confirms a fresh lower low toward the 1.4000 psych break
Reclaim of 1.4055 would break the week's lower-high sequence
ISM Manufacturing (Mon 14:00 UTC) could shift the USD leg of this read
USDCAD has trended lower all week, with the sharp NY-session leg through 1.404 bottoming at the 1.3991 two-week low before a Friday bounce as the USD staged a broad short-covering rebound off the post-FOMC slide; Canada's GDP beat was shrugged off. Price is now basing just under EMA(20) around 1.4020, with the 1.3991/1.4000 area holding twice. RSI(14) sits mid-40s, off the lows but yet to reclaim 50.
Support: 1.4000, 1.3991
Resistance: 1.4020, 1.4055
What it said to watch
ISM Manufacturing PMI Mon 14:00 UTC could shift this read
H1 close above 1.4055 invalidates the lower-high structure
Failure to hold 1.4000/1.3991 confirms range breakdown