USD/CAD AI Live Scan, 1-hour chart, Friday, 5 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.
20:01 UTC
Uptrend, fresh week highs · RSI 64 · price 1.3940
Higher highs, higher lows since week low.
USDCAD has trended up since Monday's open near 1.384, grinding through 1.390 and breaking to a new week high at 1.3950 into Friday's NY session. The dual jobs prints — a hot US NFP (172K) outweighing a strong Canada beat — kept the pair bid despite the CAD-positive Labour Force surprise. Price holds above the rising EMA20 (~1.3905) with RSI cycling in the 60s on each pullback.
Support: 1.3905, 1.3867, 1.3815
Resistance: 1.3950, 1.4000
What it said to watch
H1 close above 1.3950 opens the path toward the 1.4000 psych level
Failure to hold the 1.3905 EMA20 would signal momentum fading
BoC decision and US CPI on Jun 10 could materially shift this read
19:02 UTC
Uptrend, momentum strong · RSI 73 · price 1.39485
Higher highs, breaking week range top.
USDCAD ramped through the NY session as the 172K NFP beat drove broad USD strength and overpowered Canada's blowout jobs print, pushing price to fresh week highs near 1.3949. The pair has held above EMA(20) since the 1.3865 base earlier today, with RSI(14) now stretched into overbought near 72. The 1.3949 session high is the immediate cap, with the 1.4000 psych level the next reference above.
Support: 1.3932, 1.3900, 1.3873
Resistance: 1.3949, 1.4000
What it said to watch
H1 close above 1.39490 opens the path toward the 1.40000 psych level
Loss of 1.39320 swing low would mark the first lower-low and stall the rally
BoC decision and US CPI on Jun 10 could materially shift this read
Higher highs into week high, breakout above 1.3925.
USDCAD ran to a fresh week high near 1.3944 through the NY session today, clearing the 1.3925 two-month ceiling despite a hot CAD jobs print landing alongside the strong US NFP beat. Price sits well above EMA20 and EMA50 with RSI(14) stretched into overbought near 71. The 1.3925 breakout level now flips to first support beneath the move.
Support: 1.3925, 1.3890, 1.3873
Resistance: 1.3944, 1.4000
What it said to watch
Hourly close back below 1.3925 negates the breakout and reopens the 1.3890 EMA20 zone
A close above 1.3944 puts the 1.4000 round number in range
BoC decision Jun 10 is the next major CAD catalyst and could reset this read
USDCAD pushed through the 1.3925 two-month ceiling into the NY session, printing a fresh high at 1.39438 as the 172K US NFP beat reasserted the dollar bid. The advance held above EMA20 throughout the week's grind off Monday's 1.3815 low, and RSI sits stretched near 70 after the breakout leg. The hot CAD jobs print (+87.8K) is the counterweight that capped follow-through into the close.
Support: 1.3925, 1.3905, 1.3873
Resistance: 1.39438
What it said to watch
H1 close back below 1.3925 would negate the breakout and put price back in range
BoC decision and US CPI on Jun 10 are the key catalysts that could reset this read
Failure to hold the EMA20 near 1.3905 signals momentum fading
15:02 UTC
Uptrend, retesting week high · RSI 59 · price 1.39168
Higher lows into a test of the weekly high.
USDCAD has carried a steady grind higher since Monday's open, peaking at 1.39246 on Wednesday before a Thursday pullback found demand near 1.38650. Friday's dual jobs prints — a 172K US NFP beat and a hot Canadian +87.8K — sparked a sharp NY-hours rebound back to 1.39168, with the dollar leg winning out and price now retesting the week high. RSI(14) sits near 59 and price holds above a rising EMA20.
Support: 1.3900, 1.3865, 1.3835
Resistance: 1.39246
What it said to watch
Hourly close above 1.39246 opens continuation past the week high
Failure to hold the 1.38650 swing low reopens the 1.38350 magnet
Loss of the EMA20 near 1.3900 would stall the rebound
BoC decision (Jun 10) and US CPI (Jun 10) could materially reshape this read
Higher highs into 1.3925, consolidating above 1.3900 pivot.
USDCAD climbed off Monday's 1.3815 low to tag an eight-week high at 1.3925 before stalling and pulling back toward the 1.3900 pivot. The dual US-Canada jobs prints today drove the volatility — the Canada employment beat pressed price down to 1.3865, but the strong US NFP offset it and price recovered back to 1.3905. Holding above EMA20 with RSI(14) cycling in the mid-50s; the 1.3925 ceiling has capped the advance.
Support: 1.3900, 1.38649, 1.3838
Resistance: 1.39128, 1.39246
What it said to watch
H1 close above 1.39246 opens the path beyond the week high
Failure to hold the 1.3900 pivot exposes the 1.38649 swing low
Ivey PMI today and BoC decision Jun 10 could materially shift this read
13:02 UTC
Range, pulled back from weekly high · RSI 49 · price 1.38944
Range capped at 1.3925, holding above 1.3865.
USD/CAD tagged a weekly high at 1.39246 in the prior NY session before unwinding back below the 1.3900 pivot. Today's dual US-Canada jobs beats drove a sharp two-way spike — the 12:00 GMT bar swept down to 1.38649 then recovered to close near 1.38940. RSI(14) sits mid-range and price is just under EMA(20), keeping the read range-bound around 1.389.
Support: 1.38649, 1.3876
Resistance: 1.3900, 1.39128, 1.39246
What it said to watch
Hourly close above 1.39000 pivot reopens the 1.39246 week high
Failure to hold 1.38649 confirms a lower low
Ivey PMI today 14:00 GMT and BoC decision Jun 10 could shift this read
US CPI Wed 12:30 GMT is the next major catalyst
12:01 UTC
Week's uptrend rolling over · RSI 43 · price 1.38785
Lower highs off week peak, pulling back to mid-week range.
USDCAD climbed from Monday's 1.3826 open to a week high of 1.39246, but the pair has since carved a series of lower highs and rolled below the EMA(20) into Friday, with CAD lagging on widening US-Canada rate spreads. Twin pushes toward 1.392 failed against an easing safe-haven USD, and the pullback has dragged RSI(14) into the low-40s. Price now sits near the 50% retrace of the week's impulse around 1.3870, with the 1.38675 swing low the immediate pivot.
Support: 1.38675, 1.3835
Resistance: 1.3900, 1.39246
What it said to watch
Dual US payrolls and Canada jobs at 12:30 GMT could materially shift this read
H1 close below 1.38675 confirms a lower low and opens 1.3835
Reclaim of 1.3900 would negate the lower-high sequence
11:01 UTC
Weekly uptrend, pulling back · RSI 41 · price 1.38767
Lower highs since week peak, retracing impulse.
USDCAD climbed steadily from Monday's 1.3815 low to an eight-week high at 1.39246 before rolling over, with CAD lagging on widening US-Canada rate spreads. The pair has since slipped below EMA20 and is retracing the week's impulse, now resting near the 50% fib around 1.3870 having printed lower highs into today's session. Dual US payrolls and Canada jobs at 12:30 GMT are the dominant near-term risk.
Support: 1.38675, 1.3835
Resistance: 1.3900, 1.39246
What it said to watch
US NFP + Canada jobs at 12:30 GMT (~1.5h) can override the structural read
Close below 1.38675 opens the 1.38350 downside target
Reclaim of 1.39000 reopens the 1.39246 week high
10:01 UTC
Uptrend stalling, pulling back · RSI 39 · price 1.38747
Rally to week high, rolling over below EMA20.
USDCAD climbed from Monday's ~1.3824 open to an eight-week high at 1.3925 into yesterday's NY session, but stalled there and has since rolled over, slipping below EMA20 with RSI fading toward 40. CAD has lagged all week on widening rate spreads, leaving the pair pinned near the 1.3900 pivot ahead of dual Canada/US jobs.
Support: 1.3835, 1.38146
Resistance: 1.3900, 1.39246
What it said to watch
Canada jobs + US NFP at 12:30 GMT could materially shift this read
Close below 1.3835 confirms a deeper pullback from the week high
USDCAD climbed all week from Monday's 1.382 open to a 1.3925 high during the NY session as soft Canadian data and USD-favourable rate spreads widened. Price has since rolled over below EMA(20), with RSI(14) cooling into the low 40s and the latest pullback finding the 38.2% retrace of the week's impulse near 1.3888. The 1.3925 week high capped the advance and remains the key cap.
Support: 1.38833, 1.38696, 1.38182
Resistance: 1.3903, 1.39099, 1.39246
What it said to watch
Dual CA/US jobs at 12:30 GMT (~3.5h) could materially shift this read
Failure to hold 1.3883 opens the path toward the 50% fib at 1.3870
Close back above 1.3903 EMA(20) re-engages the 1.3925 high
Higher highs into mid-week peak, now consolidating below it.
USDCAD trended up all week off the 1.3815 open, pushing to an eight-week high near 1.39246 in Thursday's NY session as CAD lagged on widening rate spreads. Price has since coiled in the 1.3890–1.3910 zone and slipped back below EMA20 into this morning, with RSI easing as the rally lost pace just under the highs. The day low at 1.38833 is now the immediate pivot.
Support: 1.38833, 1.3851, 1.38147
Resistance: 1.3910, 1.39246
What it said to watch
Dual Canada/US jobs at 12:30 GMT can materially shift this read
Close below 1.38833 day low opens 1.3851 prior range
Reclaim and close above 1.39100 hourly cap re-opens the 1.39246 week high
USDCAD has trended higher since Monday's open, running from 1.3812 to an eight-week high at 1.39246 before stalling near the 1.3900 figure. The advance reflects the week's widening US-CAD rate spread, but momentum has flattened with RSI(14) easing back to the low-50s as price drifts along EMA(20). Consolidation is holding just under the 1.3910–1.3925 ceiling.
Support: 1.38869, 1.38807, 1.38146
Resistance: 1.39128, 1.39246
What it said to watch
Canadian jobs and US NFP at 12:30 GMT today could materially shift this read
H1 close above 1.39246 extends the uptrend toward fresh highs
Failure to hold 1.38807 confirms a deeper pullback within the trend
USDCAD has trended higher since Monday's open, lifting from 1.3804 to an eight-week high at 1.3925 as soft Canadian data widened rate spreads against firmer US prints. Price is now consolidating around 1.3905, holding above EMA20 with RSI(14) easing off overbought as the rally pauses. The 1.39246 high capped the latest NY push and remains the week's ceiling.
Support: 1.3900, 1.38807, 1.38041
Resistance: 1.39246
What it said to watch
May NFP and Canadian jobs at 12:30 GMT could materially shift this read
H1 close above 1.39246 opens the path higher
Failure to hold 1.3900 exposes the 1.38807 swing low
Higher highs and higher lows, consolidating below week high.
USDCAD has graded higher since Monday's open, climbing from 1.3800 toward the 1.39246 week high as soft Canadian data widened USD-favourable spreads despite an oil-driven CAD bounce that has kept the pair capped at the 1.39 area. Price is consolidating just above 1.3900 with RSI(14) cycling mid-range and pullbacks holding the rising EMA(20). Momentum has flattened into the European session as the market sits ahead of dual jobs releases.
Support: 1.3900, 1.3887, 1.38807
Resistance: 1.39246, 1.39128
What it said to watch
US NFP and Canadian employment both at 12:30 GMT (~7h) could materially shift this read
H1 close above 1.39246 extends the week's uptrend
Loss of 1.38807 breaks the higher-low sequence
04:02 UTC
Uptrend, momentum slowing · RSI 53 · price 1.3904
Higher highs into 1.39 ceiling, now consolidating.
USDCAD has ground higher since Monday's open, climbing off 1.3806 to an eight-week high near 1.3925 before stalling at the 1.39 ceiling. The pair pulled back to 1.3887 swing low overnight as firmer oil supported CAD, then recovered to sit just above EMA(20) with RSI(14) cycling back through the mid-50s. Price is consolidating below week high, with rejection capping each push into 1.3925.
Support: 1.3887, 1.3850, 1.3806
Resistance: 1.3925, 1.3953
What it said to watch
May NFP and Canadian jobs both at 12:30 GMT (~8.5h) — high event risk that could materially shift this read
H1 close above 1.3925 week high opens the path toward 1.3953
Failure to hold 1.3887 swing low confirms a deeper pullback into the EMA(50)
Higher highs since Monday, consolidating below week high.
USDCAD has trended higher all week from Monday's 1.3801 open, with CAD on the back foot on soft domestic data versus firmer US prints. Price tagged a week high at 1.39246 before easing back to consolidate around the 1.39000 round number, holding above EMA20 and EMA50 as RSI cooled from the highs. Demand has stepped in repeatedly near 1.388, keeping the higher-low structure intact.
Support: 1.3900, 1.38807, 1.38458
Resistance: 1.39128, 1.39246
What it said to watch
Dual US Nonfarm Payrolls and Canadian employment at 12:30 UTC today can materially shift this read
Sustained close below 1.38807 swing low breaks the week's higher-low structure
USDCAD has trended up since Monday's open, pressing an eight-week high at 1.39246 during the NY session as soft Canadian data and widening rate spreads weighed on the loonie. Price pulled back to the 1.3900 round number and has consolidated there, holding above EMA(20) with RSI(14) cycling mid-range. Canadian jobs and US Nonfarm Payrolls land at 12:30 UTC today.
Support: 1.38807, 1.38869, 1.38085
Resistance: 1.39246, 1.39128, 1.3900
What it said to watch
H1 close above 1.39246 extends the week's uptrend
Loss of 1.38807 breaks the higher-low structure
Canadian jobs and US NFP at 12:30 UTC could materially shift this read
USDCAD has trended up since Monday's 1.3809 open, peaking near the 1.3925 week high in the NY session yesterday before pulling back into the 1.3880s. Price has since recovered above EMA20, keeping the broader up-channel intact, with CAD on the back foot on hawkish Fed pricing and softer crude. The 1.39246 week high caps the move while demand stepped in around 1.3880 on the retreat.
Support: 1.38807, 1.3902, 1.38086
Resistance: 1.39246, 1.39128
What it said to watch
US May Nonfarm Payrolls at 12:30 UTC could materially shift this read
H1 close above 1.39246 opens the path higher
Failure to hold 1.38807 confirms a lower low and breaks the channel
Higher highs and higher lows, capped at week high.
USDCAD has trended higher all week from Monday's 1.3804 open, with CAD on the back foot ahead of Friday's jobs data. The 1.39246 week high capped the advance during the prior session before a pullback to 1.38807 found demand; price has since reclaimed the 1.3900 round number. RSI(14) has eased off its peak as the recovery stalls just under the week high.
Support: 1.3900, 1.38807, 1.3850
Resistance: 1.39246, 1.39128
What it said to watch
H1 close above 1.39246 reopens the path higher
Failure to hold 1.38807 confirms a lower-low
US and Canada employment data Fri 12:30 UTC could materially shift this read