USDCAD has ground higher since Monday's open as CAD stayed on the back foot into BoC week, holding above EMA(20) on each pullback. The week high at 1.39607 has capped the latest push and price is now consolidating in the upper 1.394s with RSI(14) mid-range. Demand has repeatedly stepped in around 1.3926, keeping the higher-low sequence intact.
Support: 1.3943, 1.3926, 1.3900
Resistance: 1.39607, 1.4000
What it said to watch
H1 close above 1.39607 opens the path to the 1.40000 round number
Loss of 1.39260 breaks the higher-low sequence
BoC decision Wed 13:45 UTC and US CPI Wed 12:30 UTC could materially shift this read
23:02 UTC
Uptrend, near week highs · RSI 58 · price 1.39518
Higher highs, consolidating below resistance.
USDCAD has trended higher since Monday's open, driven by broad USD strength after Friday's 172K NFP beat and persistent CAD softness into Wednesday's BoC decision. Price holds above EMA(20) with RSI(14) cycling in the 50s, grinding just under the 1.39607 week high after the psych 1.3950 zone capped repeated attempts. Pullbacks this week have found the rising EMA(20), keeping the intraday structure intact.
Support: 1.3945, 1.39294, 1.3905
Resistance: 1.39607, 1.4000
What it said to watch
BoC rate decision Wed 13:45 UTC — tone could materially shift this read
H1 close above 1.39607 week high opens the path to the 1.40 round number
Loss of 1.39294 swing low confirms a lower-low and breaks the rising support
Higher highs and higher lows, consolidating under week high.
USDCAD has ground higher all week, with the dollar firm on hawkish-Fed repricing after Friday's blowout NFP while CAD stays soft into Wednesday's BoC despite a strong Canadian jobs beat. Price holds above EMA(20) and EMA(50) and is now consolidating in a 1.3940–1.3960 band just under the 1.39610 week high, RSI(14) easing into the mid-50s after the run. The rising support off last week's 1.38649 low remains intact.
Support: 1.3926, 1.3900, 1.3867
Resistance: 1.3961, 1.4000
What it said to watch
H1 close above 1.39610 week high opens the 1.40000 psych test
BoC rate decision Wed 13:45 UTC — tone, not the hold, could materially shift this read
Failure to hold 1.39260 swing low breaks the rising support
Higher highs and higher lows, consolidating below week high.
USD/CAD has trended higher since Monday's open, with CAD on the back foot into Wednesday's BoC hold and a firm USD after Friday's blowout NFP. Price stalled at the 1.3961 week high and is now coiling just above the EMA20, RSI(14) cycling mid-range without confirming fresh impulse. Pullbacks this week have repeatedly found demand around the rising EMA20.
Support: 1.3946, 1.3936, 1.38675
Resistance: 1.39607, 1.4000
What it said to watch
Hourly close above 1.3961 opens the path toward the 1.4000 psych level
Failure to hold 1.3936 session low would mark the first lower-low this week
BoC decision Wed 13:45 UTC and US CPI Wed 12:30 UTC are the week's catalysts and could materially shift this read
21:03 UTC
Uptrend, grinding higher · RSI 61 · price 1.39529
Higher highs, fresh April-area highs.
USDCAD has ground steadily higher since the week's open, printing fresh highs near 1.39607 not seen since early April, with USD bid on hawkish-Fed repricing and CAD soft into Wednesday's BoC decision. Price holds above EMA20 and EMA50, and RSI sits in the high-50s/low-60s without reaching overbought, so the climb has been orderly rather than stretched. The 1.39450 EMA20 area has caught pullbacks through the NY session.
Support: 1.3945, 1.39258, 1.38727
Resistance: 1.39607, 1.4000
What it said to watch
H1 close above 1.39607 week high extends the path toward the 1.40 psych level
BoC rate decision Wed 13:45 UTC could materially shift this read
Loss of the 1.39258 swing low would break the rising sequence
21:03 UTC
Uptrend, grinding higher · RSI 58 · price 1.39529
Higher highs, consolidating near week high.
USDCAD has trended steadily higher all week, lifted by a firm USD on hawkish-Fed repricing after Friday's NFP beat while CAD stays on the back foot into Wednesday's BoC decision. Price holds above EMA20 with RSI cycling in the 50s on pullbacks; the week high at 1.3960 has capped the latest NY push and price is consolidating just beneath it. The 1.39370 session low is the nearest demand shelf.
Support: 1.3937, 1.39258, 1.3887
Resistance: 1.39607, 1.4000
What it said to watch
H1 close above 1.3960 opens the 1.40 test
BoC rate decision Wed 13:45 UTC could materially shift this read
Loss of 1.39258 swing low breaks the week's higher-low structure
20:02 UTC
Uptrend, grinding higher · RSI 61 · price 1.39505
Higher highs, higher lows into weekly high.
USDCAD has trended steadily higher all week, with the pair clearing its highest level since April 3 as a hawkish-Fed repricing and the NFP afterglow trumped Canada's strong jobs beat. Price holds above EMA20 with RSI cycling in the 55-65 zone on each pullback, and the week high at 1.39607 has capped the latest NY-session push. Pullbacks toward 1.3930 have been bought through the week.
Support: 1.39258, 1.3900, 1.38675
Resistance: 1.39607, 1.4000
What it said to watch
Hourly close above 1.39607 opens the path toward the 1.40 round number
Loss of 1.39258 would mark the first lower-low of the week
BoC decision Wed 13:45 GMT and US CPI Wed 12:30 GMT could materially reshape this read
20:02 UTC
Uptrend, momentum steady · RSI 59 · price 1.39505
Higher highs and higher lows since Monday.
USDCAD has ground higher all week from Monday's 1.3828 open to the 1.3960 week high, the loonie ignoring firm oil as hawkish-Fed repricing and CAD net-shorts kept it the G10 laggard. Price holds above EMA(20) with pullbacks finding the rising lower-high structure and RSI(14) cycling in the 50s–60s rather than spiking. Resistance at the 1.3960 week high caps the latest push, with the 1.40 round number above.
Support: 1.3928, 1.3887, 1.3828
Resistance: 1.39607, 1.4000
What it said to watch
Hourly close above 1.3960 week high opens the path toward 1.40
Loss of the 1.3928 swing low breaks the week's higher-low sequence
BoC rate decision Wed 13:45 UTC could materially shift this read
19:02 UTC
Uptrend, grinding higher · RSI 58 · price 1.39541
Higher highs and higher lows since Monday's open.
USDCAD has trended higher all week, printing fresh April highs near 1.3961 as Fed-hawkish repricing after Friday's 172K NFP and safe-haven USD demand overrode firmer oil and Canada's jobs beat. Price holds above EMA(20) with RSI(14) cycling in the 50–62 band on each pullback, and the latest NY session has stalled into a tight range just under 1.3960. Demand has stepped in repeatedly around the 1.3947 EMA(20) zone.
Support: 1.3947, 1.3930, 1.3873
Resistance: 1.3961, 1.4000
What it said to watch
Clean H1 close above 1.3961 opens the 1.40 zone
BoC rate decision Wed 13:45 UTC is the week's defining CAD catalyst
US CPI Wed 12:30 UTC could materially shift USD pricing
Failure to hold 1.3930 breaks the week's higher-low sequence
19:02 UTC
Uptrend, grinding higher · RSI 61 · price 1.39541
Higher highs, higher lows.
USDCAD has ground steadily higher since Monday's open, with USD bid on hawkish-Fed repricing after Friday's blowout NFP keeping the pair pinned at fresh highs near 1.3960. The 1.3950 resistance flagged as a pivot has given way and price is holding above EMA20 on each pullback; the 1.40 zone sits as the next overhead area. CAD weakness persisted even with firmer oil as the rate-spread story dominated.
Support: 1.3937, 1.3873
Resistance: 1.39607, 1.4000
What it said to watch
H1 close above 1.39607 opens the 1.40 round number zone
BoC rate decision Wed could materially shift this read
Loss of 1.39370 swing low breaks the higher-low sequence
18:02 UTC
Uptrend, momentum steady · RSI 58 · price 1.39505
Higher highs, higher lows since Monday.
USDCAD has ground higher since Monday's open, the hawkish-Fed repricing off Friday's NFP shock keeping the dollar firmly bid despite a strong Canadian jobs print. Price holds above EMA(20) with pullbacks into the 1.3945 area finding demand, and the week high near 1.3961 has capped the latest push. RSI(14) cycling in the mid-50s leaves room before stretch.
Support: 1.3945, 1.3873, 1.3805
Resistance: 1.3961, 1.4000
What it said to watch
A clean H1 close above 1.3961 opens the 1.4000 zone
Loss of 1.3945 EMA20 and a close below 1.3873 breaks the higher-low sequence
BoC decision Wed 13:45 UTC and US CPI Wed 12:30 UTC could materially shift this read
USDCAD has graded higher since Monday's open, marking fresh highs since early April near 1.3960 as hawkish-Fed repricing after Friday's NFP beat overrode firmer oil and a strong Canadian jobs print. Price holds above EMA20 and EMA50 with pullbacks into the NY session finding demand around 1.3930. RSI(14) is mid-range, cooling as the week high caps the latest push.
Support: 1.3930, 1.38727
Resistance: 1.39607, 1.4000
What it said to watch
A clean H1 close above 1.3960 opens the 1.40 zone
Failure to hold 1.3930 breaks this week's higher-low structure
BoC rate decision Wed 13:45 UTC is the week's CAD pivot and could materially shift this read
USDCAD has ground higher all week to fresh April-3 highs around 1.3954, holding above EMA20 with RSI(14) cycling in the 55-65 zone on each pullback. CAD has lagged despite firm jobs and firmer oil — hawkish-Fed repricing and safe-haven USD demand drove the move. The week high at 1.3954 is capping price for now, with the 1.4000 psych level the next marker above.
Support: 1.3920, 1.3875
Resistance: 1.3954, 1.4000
What it said to watch
Clean H1 close above 1.3954 week high opens the 1.4000 psych zone
Loss of 1.3920 swing low breaks the run of higher lows
BoC rate decision Wed 13:45 UTC is the only major CAD catalyst and could reset this read
Higher highs and higher lows, testing 1.3954 resistance.
USDCAD has trended higher since Monday's open, grinding from the 1.3829 low to fresh early-April highs near 1.3954 as hawkish-Fed repricing and safe-haven USD demand overrode firmer oil and a strong Canadian jobs print. Price is consolidating at the 1.3954 week high after a clean rally through the NY session, holding above EMA20 with RSI(14) cycling in the 55-65 band on pullbacks.
Support: 1.3929, 1.3865, 1.3805
Resistance: 1.3954, 1.4000
What it said to watch
Hourly close above 1.3954 week high opens the path to the 1.4000 round number
Failure to hold 1.3929 session low would mark the first lower-low this week
BoC rate decision Wed 13:45 UTC is the week's only major CAD catalyst and could materially shift this read
16:02 UTC
Uptrend, grinding into resistance · RSI 59 · price 1.39521
Higher highs and higher lows, capped at week high.
USDCAD has trended higher all week on broad USD strength after Friday's hot 172K NFP, holding above EMA20 and EMA50 with RSI cycling in the 50s-60s. Price has stalled twice at the 1.3953 week high — supply capping into the NY session — leaving a near double-top print just below the 1.40 zone. Pullbacks have found the rising trendline off the 1.3873 swing low, with the pair consolidating sub-1.3950.
Support: 1.39258, 1.38727, 1.38314
Resistance: 1.39533, 1.4000
What it said to watch
Sustained H1 close above 1.3953 opens the 1.40 psych zone
Loss of 1.3926 swing low breaks the rising trendline and signals a lower-low
BoC rate decision Wed and US CPI Wed could materially shift this read
Higher highs and higher lows since Monday, now consolidating under week high.
USDCAD has ground higher since Monday's open near 1.3832, with the dominant leg coming through Friday's NY session after the hot 172K US payrolls beat and broad USD bid; CAD lagged despite firm jobs and oil. Price now consolidates under the 1.3953 week high, where 1.3950 has capped repeated attempts, with RSI(14) cycling in the upper-50s/60s. Pullbacks have held above EMA20 with the 1.3926 swing low marking this week's higher low.
Support: 1.39258, 1.3900, 1.38675
Resistance: 1.39533, 1.3950, 1.4000
What it said to watch
Hourly close above 1.3953 opens the 1.40 zone
BoC rate decision Wed 13:45 UTC and US CPI Wed 12:30 UTC are the week's key catalysts
Failure to hold 1.3926 swing low breaks the run of higher lows
USDCAD ran from the 1.3823 base early in the week to a 1.3953 week high, with the bulk of the impulse landing in Thursday-Friday's NY hours as the US NFP beat widened rate spreads and CAD lagged despite strong domestic jobs. The week reopened with a small gap lower and recovered into the same 1.3953 ceiling, which has now capped three attempts; price is hovering just under EMA20 with RSI back at neutral. Demand has held the 1.3926 swing low through the consolidation.
Support: 1.3926, 1.3880
Resistance: 1.3953, 1.4000
What it said to watch
Close above 1.3953 opens the path toward the 1.40 ceiling
Failure to hold 1.3926 confirms a lower low and breaks the consolidation
BoC decision and US CPI Wed could materially reset this read
USDCAD has trended higher since Monday's open, with the dominant leg coming through the NY session as a hawkish-Fed bid post-NFP drove the pair to a week high near 1.3953 despite firm crude and strong Canadian jobs. Price is now consolidating in a tight 1.3925-1.3953 band with RSI(14) easing back toward 50 and price hovering around the H1 EMA(20). The 1.3953 high has capped attempts while pullbacks have held above 1.3925.
Support: 1.39258, 1.3944, 1.38649
Resistance: 1.39533, 1.4000
What it said to watch
BoC rate decision Wed 13:45 GMT and US CPI Wed 12:30 UTC are the dominant catalysts for the next sessions
Close above 1.3953 opens the path to the 1.40 round number
Failure to hold 1.3925 confirms a lower-low and breaks the week's rising support
Consolidation below week high after NFP-driven rally.
USDCAD pushed to fresh highs since early April near 1.3952 after Friday's 172K NFP beat widened rate spreads in the USD's favour, overriding strong Canadian jobs and firm crude. Since Monday's open the pair has stalled in a tight band below 1.3950, with price slipping under EMA(20) and RSI(14) cooling toward 46 as the rally lost pace. EMA(50) still well below keeps the broader H1 structure higher, with 1.3952 capping repeated attempts this week.
Support: 1.3926, 1.3875
Resistance: 1.3944, 1.3952, 1.4000
What it said to watch
BoC rate decision + statement Wed 13:45 GMT and US CPI Wed 12:30 UTC could materially shift this read
H1 close above 1.3952 opens the path toward the 1.4000 psych level
Higher highs into 1.3950, now consolidating below it.
USDCAD pushed to fresh highs near 1.3953 this week as the 172K NFP beat widened rate spreads in the USD's favour, overriding Friday's strong Canadian jobs print. Price has since stalled and slipped back below the EMA20 around 1.3945, consolidating into the 1.3926 swing low with RSI mid-range. The 1.3953 week high has capped repeated attempts; structure stays constructive while 1.3926 holds.
Support: 1.39258, 1.3900
Resistance: 1.3945, 1.39533, 1.4000
What it said to watch
BoC decision Wed and US CPI Wed could materially shift this read
Hourly close back above 1.3953 reopens the path to the 1.4000 psych ceiling
Loss of 1.3926 swing low exposes the 1.3900 prior range
USDCAD trended steadily higher since Monday's open, accelerating through the NY sessions after Friday's blowout US NFP repriced Fed expectations hawkish and widened rate spreads against CAD despite strong Canadian jobs. The pair printed a fresh week high at 1.39533 — its highest since early April near the 1.3950 ceiling — but has since faded into the latest NY hours, slipping back below the H1 EMto20 with RSI cooling from the high-60s toward the mid-40s. Rejection at 1.3950 has capped the advance and price is now retesting intraday support around 1.3926.
Support: 1.39258, 1.38727, 1.3835
Resistance: 1.3944, 1.39533
What it said to watch
H1 close back above 1.39440 EMA20 would re-engage the week's uptrend
Failure to hold 1.39258 session low opens the path toward 1.38727 swing low
BoC decision and US CPI both Wed could materially shift this read
USDCAD has trended up since Monday's open near 1.3827 to fresh highs since April around 1.3952, driven by the post-NFP hawkish-Fed bid that overrode strong Canadian jobs. The week-high zone at 1.3952 has capped two attempts in the NY session and price has now slipped back below EMA(20) with RSI(14) cooling toward 47. Pullback is finding the EMA(50) band near 1.3920.
Support: 1.3920, 1.3877, 1.3835
Resistance: 1.3952, 1.4000
What it said to watch
BoC rate decision Wed 13:45 GMT plus US CPI same day are HIGH-impact and could reset this read
H1 close above 1.3952 opens the path toward the 1.40 round number
Failure to hold 1.3877 swing low breaks the week's higher-low structure
USDCAD has trended higher since Monday's open, clearing the 1.39 ceiling and printing fresh April highs at 1.3953 as Friday's blowout US NFP widened rate spreads in the dollar's favour, overriding strong Canadian jobs. The current pullback has slipped below EMA20 with RSI(14) easing back to the mid-40s, and 1.3953 has rejected two attempts this week. A weekend gap lower from Friday's 1.39405 close was quickly filled before the latest leg up.
Support: 1.39294, 1.38727, 1.3840
Resistance: 1.3946, 1.39533, 1.4000
What it said to watch
H1 close above 1.3953 week high opens the path toward 1.40
Failure to hold 1.3929 session low exposes 1.3873 swing low
BoC decision Wed 13:45 GMT — statement tone could materially shift this read
US CPI Wed 12:30 UTC adds two-way risk to the dollar leg
USDCAD extended its weekly uptrend off the 1.3865 Friday base into fresh late-March highs, with the rally driven by broad USD demand overpowering Friday's strong Canadian jobs beat. Since Monday's open price has stalled in a tight band below the 1.39533 weekly high, RSI(14) cooling back to neutral as the advance loses pace. Demand has stepped in repeatedly around 1.3936 while supply caps each push toward 1.3950.
Support: 1.39357, 1.3920, 1.38869
Resistance: 1.39533, 1.3950
What it said to watch
H1 close above 1.39533 opens continuation toward the 1.40 round level
Failure to hold 1.39357 breaks the consolidation and exposes 1.3920
BoC decision and US CPI on Wed could materially shift this read
USDCAD pressed to a fresh late-March high near 1.3953 then stalled, drifting into a tight consolidation just below it through the NY session as broad USD demand overpowered Friday's strong Canadian jobs beat. Price holds above EMA20 and EMA50 with RSI cycling in the upper-50s/low-60s, keeping the week's upward structure intact above the 1.3936 weekly open. BoC's hold-and-tone Wednesday plus US CPI loom as the next swing factors.
Support: 1.3936, 1.3900, 1.38727
Resistance: 1.39533, 1.4000
What it said to watch
H1 close above 1.39533 opens the path to the 1.40 psych level
Loss of 1.3936 weekly open would mark a lower-low and break the higher-low sequence
BoC statement and US CPI Wed could materially shift this read
09:02 UTC
Uptrend, consolidating near highs · RSI 62 · price 1.39502
Higher highs and higher lows, capped at week high.
USDCAD has trended higher all week, pushing to a fresh late-March high near 1.3952 as broad USD demand on Friday's NFP blowout overpowered Canada's strong jobs print. Price holds above EMA20 and EMA50, with pullbacks since Monday's open finding support and RSI cycling in the upper half. The mid-1.3950s has capped the last several attempts, leaving price consolidating just under the week high into Wednesday's BoC hold.
Support: 1.3928, 1.3900, 1.38727
Resistance: 1.3952, 1.4000
What it said to watch
H1 close above 1.39520 opens the path toward the 1.40000 psych level
Loss of 1.39280 weekly open would mark the first lower-low this week
BoC hold + US CPI Wed could materially shift this read
08:01 UTC
Uptrend, grinding near highs · RSI 61 · price 1.39503
Higher highs, capped under week high.
USDCAD has ground higher since Friday's NFP-driven push, clearing the 1.3925-1.3935 ceiling and now coiling just under the 1.39519 week high. Price sits above EMA20 with pullbacks holding at the 1.3905 area; the small weekend gap from 1.39405 to 1.39295 was quickly filled. BoC hold and US CPI on Wed are the dominant catalysts ahead.
Support: 1.39277, 1.3905, 1.38835
Resistance: 1.39519, 1.4000
What it said to watch
H1 close above 1.39519 opens the path to the 1.40000 psych line
Failure to hold 1.39277 confirms a lower-low and breaks the rising support
BoC decision and US CPI on Wed could materially shift this read
Higher highs and higher lows, consolidating under week high.
USDCAD pushed to two-month highs near 1.3952 after Friday's hot US NFP overpowered Canada's own strong jobs print, clearing the 1.3935 ceiling that had capped the pair. Price has been pinned to the highs since Monday's session open, consolidating in a tight 1.3938-1.3952 band after a minor weekend gap. RSI(14) holds mid-50s and price sits above both EMA(20) and EMA(50), but the stall under 1.3952 shows momentum cooling.
Support: 1.3938, 1.3900, 1.3875
Resistance: 1.3952, 1.3935
What it said to watch
Hourly close above 1.3952 extends the breakout toward 1.40
Failure to hold 1.3938 reopens the 1.3900 round number
US CPI Tue and BoC Wed are the week's dominant catalysts and could reset this read
USDCAD ground higher through the week and cleared the 1.3925-1.3935 ceiling that capped the April highs, printing fresh 2-month highs near 1.3952 as Friday's 172K US NFP beat overpowered Canada's own strong jobs print. Price is holding above EMA20 and EMA50 with RSI(14) cycling in the upper half but not yet stretched. The 1.39357 intraday low has so far held as a higher-low into the session.
Support: 1.39357, 1.3900, 1.3875
Resistance: 1.39519, 1.4000
What it said to watch
BoC decision Jun 10 13:45 UTC and US CPI Jun 10 12:30 UTC are the dominant catalysts for the next sessions
H1 close above 1.39519 opens the path toward the 1.40000 psych level
Loss of 1.39000 week open would break the run of higher-lows
USDCAD has ground higher all week, with the dollar leg-up after Friday's blowout 172K US NFP overpowering Canada's own strong jobs print and lifting the pair through the 1.3925-1.3935 ceiling. After a small weekend gap lower, buyers rebuilt into the 1.3952 week high, holding above EMA(20) with RSI(14) sustained in the low-60s. Price now coils just under the week high as supply caps the move ahead of Wednesday's BoC hold and the US CPI print.
Support: 1.3936, 1.3900, 1.3875
Resistance: 1.3952, 1.4000
What it said to watch
H1 close above 1.3952 week high opens the path to the 1.4000 psych level
Loss of 1.3936 session low exposes the 1.3900 round number
BoC decision Wed 13:45 UTC and US CPI could materially shift this read
USDCAD pushed to 2-month highs near the 1.3950 ceiling after Friday's US NFP beat (172K vs 85K) overpowered Canada's own strong jobs print and widened the rate spread. The weekend gap lower to 1.3930 was reclaimed quickly and price now sits above EMA20, with RSI holding the mid-50s. The 1.3950 week high has capped advances twice and remains the pivot.
Support: 1.3928, 1.38649
Resistance: 1.39519, 1.4000
What it said to watch
Hourly close above 1.3952 opens the path toward the 1.40 round number
Loss of EMA20 near 1.3928 would unwind the recovery off the weekend gap
BoC decision and US CPI on Wed Jun 10 are the dominant catalysts and could reshape this read
03:01 UTC
Uptrend, momentum steady · RSI 58 · price 1.39461
Higher highs, higher lows.
Uptrend intact since Monday's 1.3815 open, with Friday's blowout US NFP driving the leg to fresh two-month highs near 1.3952. Price has cleared the 1.3925-1.3935 ceiling and is consolidating above it after the weekend gap, EMA20 tracking beneath. RSI is holding mid-range on each pullback, no divergence into the highs.
Support: 1.3936, 1.3925, 1.3886
Resistance: 1.3952, 1.4000
What it said to watch
H1 close back below 1.3925 puts the broken ceiling back in play as resistance
Break above 1.3952 opens the path toward the 1.40 psych level
BoC decision and US CPI on Wed could materially shift this read
02:01 UTC
Uptrend, pressing week high · RSI 61 · price 1.39457
Higher highs/lows into 1.3950 ceiling.
USDCAD has ground higher since Friday's blowout US NFP (172K vs 85K) overpowered Canada's own strong jobs print, lifting price to fresh 2-month highs near 1.3952. The pair cleared the 1.3935 ceiling and is holding above EMA20 with RSI(14) cycling in the upper half. Momentum stalled into the 1.3950 area where two attempts have so far capped.
Support: 1.3938, 1.3905, 1.3865
Resistance: 1.3952, 1.4000
What it said to watch
H1 close above 1.3952 opens the 1.40 psych level
Loss of 1.3938 EMA20 returns price into the prior range
BoC decision Wed could materially shift this read
01:02 UTC
Uptrend, capped near highs · RSI 57 · price 1.39386
Higher lows into resistance, consolidating.
USDCAD ground higher all week off the 1.3815 low, peaking at the 1.3950 week high before the CAD jobs beat (+87.8K vs 10K) stalled the run. A small weekend gap lower into Sunday's open was quickly filled, with the 1.3950 area rejecting again on the spike to 1.3952. Price now consolidates above EMA(20) around 1.3940 with the 1.3900 pivot underneath.
Support: 1.3900, 1.3875, 1.3835
Resistance: 1.3950, 1.4000
What it said to watch
H1 close above 1.3950 opens the path to the 1.4000 psych level
Slip below 1.3900 pivot exposes the 1.3875 swing low
BoC decision Wed 13:45 UTC could materially shift this read
00:02 UTC
Uptrend, testing highs · RSI 58 · price 1.39448
Higher highs and higher lows.
USD/CAD ground higher through the week, pushing above the 1.3925 prior high into the 1.3952 week high where supply has capped repeated attempts. The CAD jobs beat sparked intraday pullbacks but the pair has held above the 1.3930 weekly open and EMA(20), with RSI(14) cycling mid-range. Demand keeps stepping in on dips toward the rising higher-lows line.
Support: 1.3930, 1.3900, 1.3875
Resistance: 1.3952, 1.4000
What it said to watch
H1 close above 1.3952 opens the path toward the 1.4000 psych level
Failure to hold the 1.3930 weekly open exposes 1.3900 round number
BoC decision Wed and US CPI Tue could materially shift this read