USDCAD has ground higher all week, holding above EMA(20) since Monday and tagging a fresh two-month high at 1.39688 before stalling. Price is now consolidating in a 1.3940-1.3960 band as the crowded CAD-short backdrop into the BoC hold keeps the topside pivot in focus. RSI(14) is cycling mid-range, reflecting the loss of upside momentum near the highs.
Support: 1.3944, 1.39193, 1.3875
Resistance: 1.39688, 1.39613
What it said to watch
H1 close above 1.39688 opens the path toward the 1.3966 YTD peak
Failure to hold 1.3944 EMA(20) exposes the 1.39193 session low
BoC decision Wed 13:45 UTC and US CPI Wed 12:30 UTC could materially shift this read
USDCAD has ground higher since Monday's open, holding above EMA(20) and EMA(50) as BoC-hold positioning and a firmer USD pushed price to a fresh high at 1.39688. Momentum is flattening just below the 1.39613 two-month high, with RSI cycling in the mid-50s rather than extending. Pullbacks this week have repeatedly found demand near the rising support off the 1.38649 low.
Support: 1.39193, 1.3945, 1.38649
Resistance: 1.39613, 1.39688
What it said to watch
H1 close above 1.39688 opens the path to the YTD ~1.3966 peak region
Failure to hold 1.39193 confirms a lower-low and breaks the week's rising support
BoC decision Wed 13:45 UTC and US CPI Wed 12:30 UTC could materially shift this read
Higher highs into two-month highs, now consolidating.
USDCAD has ground higher since Monday's open, peaking at 1.39688 in the NY session before easing back to consolidate near 1.3950 as the two-month-high band caps the move. Price holds above EMA20 with RSI(14) cycling 50–58, and pullbacks have repeatedly found demand around the rising 1.3920 area. The grind reflects crowded CAD shorts and hawkish-Fed USD support stalling just shy of the YTD-area resistance.
Support: 1.3921, 1.3944, 1.38934
Resistance: 1.3961, 1.3969
What it said to watch
BoC decision and US CPI Wednesday could materially shift this read
H1 close above 1.39690 opens the path to fresh continuation
Failure to hold 1.39210 swing low breaks the rising structure
USDCAD has ground higher all week toward the 1.3960-1.3969 two-month high zone, with the dominant push coming during NY hours yesterday before stalling at 1.39688. Price is consolidating just under that cap, holding above EMA20 with RSI cycling in the mid-50s as the late-session move faded into Asia. The Loonie failed to capitalise on softer crude and easing safe-haven flows, leaving the pair parked near its highs.
Support: 1.39186, 1.3945, 1.38649
Resistance: 1.39613, 1.39688
What it said to watch
BoC rate decision Wed 13:45 UTC and US CPI Wed 12:30 UTC could materially shift this read
A close above the 1.39688 week high opens the path higher; the ytd high at 1.39613 is the area to watch for rejection or break
Failure to hold the 1.39186 swing low confirms a lower-low
USDCAD has trended up since Tuesday's 1.38649 low, with Friday's blowout US NFP cementing the dollar bid and CAD lagging despite its own strong jobs print. Price tagged a two-month high at 1.39688 in the NY session before easing back to consolidate above EMA(20) near 1.3947; RSI(14) has rolled off into the mid-50s as the advance stalls. The 1.3963–1.3969 zone has capped the latest push.
Support: 1.3947, 1.39193, 1.38727
Resistance: 1.39633, 1.39688
What it said to watch
US CPI Wed 12:30 UTC and BoC decision 13:45 UTC could materially shift this read
H1 close above 1.39688 extends the uptrend; failure to hold 1.39470 EMA20 opens 1.39193 swing low
Loss of the higher-low trendline would break the weekly structure
USDCAD has trended up since Monday's open, carrying Friday's NFP-driven hawkish-Fed bid and a soft Loonie toward the 1.39688 week high before stalling. Price now consolidates just above the EMA(20) at ~1.3944 with RSI(14) easing back to the mid-50s after the push, while the 1.3961 prior high caps. The 1.3919 swing low marks the base of the latest leg.
Support: 1.3944, 1.3919
Resistance: 1.3961, 1.39688
What it said to watch
BoC decision Wed 13:45 UTC and US CPI Wed 12:30 UTC could materially shift this read
H1 close above 1.39688 opens the path to fresh week highs
Failure to hold the 1.3944 EMA(20) exposes the 1.3919 swing low
20:02 UTC
Uptrend, consolidating near highs · RSI 54 · price 1.39477
Higher lows since Monday, capped below 2-month high.
USDCAD has trended up from Monday's open near 1.3888 toward the 1.39688 week high, with CAD the week's weakest performer on negative rate-spread and softer crude. The NY session yesterday tagged 1.39688 then faded, and price is now consolidating in the 1.394–1.396 band, holding above EMA20 around 1.3943. RSI(14) is mid-range, with momentum easing into the BoC and US CPI events.
Support: 1.39193, 1.3943, 1.38875
Resistance: 1.39688, 1.3956
What it said to watch
BoC decision and US CPI Wed (13:45 / 12:30 UTC) can materially shift this read
H1 close above 1.39688 opens the path to fresh two-month highs
Failure to hold 1.39193 confirms a lower-low and breaks the week's rising support
20:02 UTC
Uptrend, grinding into highs · RSI 53 · price 1.39477
Higher highs and higher lows since Thursday low.
USDCAD has carved higher lows since Thursday's 1.3865 base, pushing to a fresh two-month high at 1.39688 in the NY session before easing back to 1.3948. Price holds above EMA20 and EMA50 with RSI(14) cycling around the mid-50s, consistent with the broader CAD-soft theme into the BoC decision. The 1.3960-1.3969 band has capped the latest push and is the area to watch for rejection or break.
Support: 1.39186, 1.3940, 1.38649
Resistance: 1.39688, 1.39613
What it said to watch
BoC rate decision Wed 13:45 UTC and US CPI 12:30 UTC could materially shift this read
H1 close above 1.39688 opens the path higher beyond the two-month high
Failure to hold 1.39186 confirms a lower-low and breaks the higher-low sequence
19:02 UTC
Uptrend, near week highs · RSI 56 · price 1.39519
Higher highs and higher lows, consolidating into resistance.
USDCAD has trended higher since rebounding off the 1.3865 week low mid-week, with the NY session today driving a clean push toward the 1.39688 week high as USD caught a safe-haven bid on Iran risk-off headlines. Price sits above EMA20 and EMA50 with RSI cycling in the mid-50s; pullbacks have held the 1.3919 swing low and EMA20 near 1.3946. The 1.3966-1.3969 two-month-high zone is capping the latest attempt.
Support: 1.3919, 1.3946, 1.3865
Resistance: 1.39688, 1.3996
What it said to watch
BoC rate decision and statement tone is the key upcoming risk and could materially shift this read
H1 close above 1.39688 opens the path toward 1.3996 round number
Failure to hold the 1.3919 swing low would break the week's higher-low structure
USDCAD has ground higher since Friday's 1.38649 low, with CAD the week's weakest performer into the BoC hold and a firm USD holding the bid; the NY session yesterday pushed to a fresh 1.39688 two-month high before easing to 1.3952. Price sits above EMA(20) and EMA(50) with pullbacks repeatedly finding the 1.3945 area, and RSI(14) cycling in the mid-50s on each dip. The 1.39613-1.39688 band has capped the latest attempts and remains the structural ceiling.
Support: 1.3945, 1.39186, 1.38649
Resistance: 1.39688, 1.39613
What it said to watch
US CPI Wed 12:30 UTC could materially shift this read
Close above 1.39688 opens continuation higher
Failure to hold 1.39186 swing low breaks the higher-low sequence
18:02 UTC
Uptrend, near two-month highs · RSI 57 · price 1.3952
Higher highs into prior-week high resistance.
USDCAD has ground higher all week, printing a fresh two-month high at 1.3969 in the latest NY session before easing back to 1.3952. Price holds above EMA20 and EMA50 with RSI cycling in the mid-50s, and the move from the midweek 1.3919 low is the dominant impulse. CAD remained the laggard ahead of the BoC decision, with the 1.3966 YTD area capping the topside.
Support: 1.3945, 1.3920, 1.3919
Resistance: 1.3966, 1.3969
What it said to watch
Hourly close above 1.3969 opens the path to fresh two-month highs
Loss of EMA20 near 1.3945 and a break of 1.3920 negates the rising structure
BoC decision and US CPI in the next sessions could materially shift this read
18:02 UTC
Uptrend into two-month highs · RSI 58 · price 1.3952
Higher highs, consolidating below YTD high.
USDCAD pushed to a fresh two-month high at 1.3966 in the NY session and has since stalled, parking just under the figure as CAD stays the week's weakest performer. Price holds above EMA20 with RSI(14) cycling in the high-50s; the 1.3940 EMA20 area has caught pullbacks since the move off the 1.3865 base. Resistance at 1.3960-1.3966 has capped the latest attempt.
Support: 1.3940, 1.3919, 1.3805
Resistance: 1.3960, 1.3966
What it said to watch
BoC decision Wed 13:45 UTC and US CPI 12:30 UTC could materially shift this read
H1 close above 1.3966 opens the path to fresh two-month highs
Failure to hold 1.3940 EMA20 exposes the 1.3919 swing low
USDCAD pushed to a fresh week high near 1.3969 into the NY session, extending the four-day grind off the 1.3865 low as a hot US NFP and weak crude kept the Loonie pressured. Price holds above EMA(20) with RSI(14) cycling into the low-60s on each leg up; the prior 1.3966 area has been cleared rather than rejected. The week's structure remains a series of higher lows with demand stepping in around 1.3919.
Support: 1.39186, 1.3936, 1.38649
Resistance: 1.39688
What it said to watch
BoC rate decision Wed 13:45 UTC and US CPI Wed could materially shift this read
Hourly close back below 1.3936 would break the week's higher-low sequence
Failure to hold above 1.3969 keeps the YTD-peak zone as a cap to monitor for rejection
17:02 UTC
Uptrend, pressing range top · RSI 66 · price 1.39615
Higher lows into YTD peak.
USDCAD rallied through the NY session today, climbing off the 1.39186 dip back toward the 1.3966 YTD peak that capped the week's highs. Price holds well above EMA20/EMA50 with RSI(14) in the mid-60s, and the four-day grind from the 1.3865 low has carved a series of higher lows. Soft crude and hawkish-Fed repricing after Friday's NFP beat have kept the cross bid even as easing Mideast tensions trimmed the broader USD safe-haven bid.
Support: 1.3940, 1.39193, 1.38805
Resistance: 1.3966, 1.39688
What it said to watch
H1 close above 1.3966 opens the path toward the 1.40 zone
BoC rate decision Wed 13:45 UTC — statement tone could materially shift this read
Failure to hold 1.3940 ema20 would break the rising-low sequence
16:02 UTC
Uptrend, pressing highs · RSI 62 · price 1.39567
Higher lows into YTD-peak resistance.
USDCAD recovered off the 1.38649 week low through Thursday's session and has cycled along a higher-low structure back toward the 1.3966 YTD peak, helped by the hawkish-Fed bid after Friday's blowout NFP. The latest leg snapped back from a 1.39193 dip to print 1.39633, leaving price holding above EMA20 with RSI cycling in the upper-50s/low-60s. The 1.3960–1.3966 zone has capped repeated attempts this week.
Support: 1.3944, 1.39193, 1.38649
Resistance: 1.39633, 1.3966
What it said to watch
H1 close above 1.39660 YTD peak opens the path toward 1.40
Failure to hold 1.39193 swing low confirms a lower-low
BoC decision and US CPI Wed could materially shift this read
USDCAD has ground higher all week, holding above EMA(20) and printing fresh two-month highs near the 1.3966 ytd peak after a strong NY-session push, with a hot US NFP and hawkish Fed repricing keeping the dollar bid. A dip into the 1.3920 swing low was bought back sharply, and RSI(14) sits in the low 60s — firm but not yet stretched. Price is consolidating just under the range top into Wednesday's BoC decision and US CPI.
Support: 1.3943, 1.3920, 1.3900
Resistance: 1.3966, 1.4000
What it said to watch
H1 close above 1.3966 ytd peak opens the path toward the 1.4000 round number
BoC rate decision and US CPI Wed could materially shift this read
Failure to hold the 1.3943 ema20 reopens the 1.3920 swing low
15:02 UTC
Uptrend, momentum slowing near range top · RSI 57 · price 1.3949
Higher lows into a 1.3920-1.3960 cap.
USDCAD ground higher through the week to a two-month peak near 1.3961, with the hotter US NFP and hawkish Fed repricing overwhelming a strong Canadian jobs report. Price pulled back into 1.3919 during the NY session before recovering toward 1.3949; EMA20 and EMA50 still rising beneath the market. The 1.3950-1.3961 zone has repeatedly capped, leaving the pair consolidating just below its highs.
Support: 1.3919, 1.3936, 1.3868
Resistance: 1.3950, 1.3961
What it said to watch
BoC rate decision/statement Wed 13:45 UTC is the near-term catalyst
An H1 close above 1.3961 opens the path toward 1.40
Failure to hold 1.3919 exposes weekly open at 1.3936 and the 1.3868 swing low
15:02 UTC
Uptrend, consolidating below high · RSI 54 · price 1.3949
Higher lows into a capped range top.
USD/CAD ground higher through the week on the hawkish-Fed/NFP beat, tagging a 1.3966 ytd peak before stalling. Price has since consolidated in a tight band, holding above the EMA20 with RSI(14) mid-range; the swing low at 1.3919 capped the latest dip before buyers returned into the NY session. The week high near 1.3961 has repeatedly capped attempts ahead of Wednesday's BoC decision.
Support: 1.3919, 1.3942, 1.3865
Resistance: 1.3961, 1.3966
What it said to watch
BoC rate decision/statement Wed 13:45 UTC is the primary catalyst for this read
H1 close above 1.3966 ytd peak opens the path toward the 1.40 zone
Loss of 1.3919 swing low breaks the week's higher-low sequence
US CPI Wed could materially shift the USD side of the cross
USDCAD ran from the 1.3865 week low into a 1.3960 high on the hawkish Fed repricing after Friday's strong NFP, but the advance has stalled with the 1.3950 zone capping the last several attempts. Price has slipped back under EMA(20) with RSI(14) cooling toward 46, and now sits between the 1.3919 swing low and the capping zone above. BoC hold and US CPI are both due Wednesday and dominate the next bars.
Support: 1.3919, 1.3879, 1.3865
Resistance: 1.3950, 1.3961
What it said to watch
BoC statement and US CPI Wed could materially shift this read
H1 close above 1.3950 reopens the 1.3960 week high
Failure to hold 1.3919 exposes the 1.3879 weekly open
Consolidation under YTD high after week-long climb.
USDCAD climbed steadily from Monday's 1.3865 region to a fresh two-month high at 1.39607, supported by hawkish Fed repricing after the strong US payrolls beat. Since the NY session the pair has rolled over into a tight consolidation, slipping back below EMA20 and EMA50 with RSI(14) easing toward 46 as the 1.3960 ytd high capped two attempts. Price is now holding the 1.3920 swing low after a pullback to 1.39186.
Support: 1.39186, 1.38807
Resistance: 1.39607
What it said to watch
BoC decision Wed 13:45 UTC and US CPI Wed 12:30 UTC are the dominant near-term catalysts for this read
Loss of the 1.39186 swing low opens the path toward the 1.38807 prior low
H1 close above 1.39607 ytd high resumes the weekly uptrend
USDCAD gapped higher into this week's open and ground up to a 1.3960 week high before supply capped it twice, the bullish push that built off Friday's NFP beat. Price has since rolled back through EMA20 into the NY session, slipping to a 1.3919 session low with RSI cooling toward 40. The broader weekly uptrend is intact but momentum has stalled at the highs.
Support: 1.3919, 1.3875
Resistance: 1.3940, 1.3960
What it said to watch
BoC rate decision (Wed 13:45 UTC) and US CPI (Wed 12:30 UTC) are the dominant near-term risks for this read
H1 close below 1.3919 confirms a lower low and deepens the pullback
Reclaiming 1.3940 EMA20 would re-engage the week-high zone at 1.3960
13:02 UTC
Uptrend stalling, pulling back · RSI 38 · price 1.39215
Rolling over from week highs into 1.3920.
USDCAD climbed steadily from Monday's open toward the 1.3960 week high after Friday's hot US NFP fed a hawkish-Fed repricing, but the topside rounded over and price has since slipped below EMA20 into 1.3920. The last sessions printed lower highs with RSI(14) fading near 38, and 1.39186 marks the immediate intraday low. Falling oil keeps CAD capped while the rally has lost momentum on the H1 cycle.
Support: 1.39186, 1.38727, 1.38701
Resistance: 1.3942, 1.39607
What it said to watch
BoC decision Wed 13:45 UTC and US CPI Wed 12:30 UTC are the dominant risks and could reset this read
Loss of 1.39186 confirms a lower-low and exposes the 1.38727 swing low
Reclaim of EMA20 near 1.3942 would re-engage the move toward the 1.39607 week high
12:02 UTC
Uptrend stalling, rolling over · RSI 40 · price 1.3921
Lower highs after 1.3960 cap.
USDCAD climbed from Monday's ~1.3865 base to a 1.3960 YTD-peak area that capped two attempts before rolling over into the latest NY hours. Price has slipped back below EMA20 with RSI(14) easing toward 40 as the week's advance loses momentum. Soft Crude and hawkish-Fed repricing underpinned the run, but the BoC decision now dominates near-term direction.
Support: 1.3875, 1.3805
Resistance: 1.3945, 1.3960
What it said to watch
BoC rate decision Wed 13:45 UTC is the primary CAD risk for this read
Close back above 1.3960 reopens the YTD-peak test
Loss of 1.3875 swing low confirms a deeper pullback
12:02 UTC
Uptrend stalling, rolling over from highs · RSI 38 · price 1.3921
Capped at 1.3960, pulling back into the week's rising lows.
USDCAD rallied off 1.3865 through Thursday-Monday to a 1.3960 week high, where three attempts stalled and a double top formed. Price has since rolled over, slipping under EMA20 into today's 1.3919 low with RSI cycling toward the high-30s. The pullback comes ahead of the BoC decision, with softer crude having capped CAD recovery all week.
Support: 1.3919, 1.3875, 1.3865
Resistance: 1.3945, 1.3960
What it said to watch
BoC decision 13:45 UTC (~1.5h) is the primary CAD risk and could reshape this read
Sustained break of today low 1.3919 exposes the 1.3875 swing low
Reclaim of EMA20 and a close back above 1.3945 re-engages the 1.3960 week high
11:02 UTC
Uptrend, momentum easing · RSI 44 · price 1.39333
Higher highs into week peak, now consolidating below.
USDCAD climbed steadily from Monday's open near 1.3854 to a week high at 1.39607, with CAD lagging despite firm May jobs as hawkish-Fed repricing and softer oil capped the Loonie. Price has since slipped back under EMA(20) and is consolidating in the upper 1.393s as RSI(14) cools toward the mid-40s. The 1.39258 swing low marks the near-term floor with the 1.39607/1.3966 peak zone capping topside.
Support: 1.39258, 1.38649, 1.3854
Resistance: 1.39607, 1.3966
What it said to watch
BoC rate decision Wed 13:45 UTC and US CPI 12:30 UTC are the primary risks to this read
Close above 1.39607 reopens the path toward the 1.3966 ytd peak
Loss of 1.39258 swing low confirms a deeper pullback toward the 1.38649 higher low
USDCAD climbed steadily from Monday's open near 1.3852 to a week high of 1.3960, with CAD underperforming despite a strong May jobs print as the hot US NFP fed hawkish-Fed repricing. Since that high the pair has rolled back under EMA20 with RSI(14) easing toward 42, and the late-NY push to 1.3960 came on softening momentum. The 1.3926 swing low is the first support holding the rising structure intact.
Support: 1.39258, 1.38675, 1.3852
Resistance: 1.39607, 1.3966
What it said to watch
Hourly close below 1.3926 swing low confirms a lower-low and breaks the rising support
Reclaim and close above 1.3960 week high reopens the 1.3966 ytd peak
BoC rate decision Wed 13:45 UTC and US CPI same day could materially shift this read
USDCAD climbed steadily off Monday's open near 1.3854 to a week high of 1.39607 in Tuesday's London session, helped by a firm dollar after Friday's blowout NFP despite Canada's own strong jobs print. Price has since drifted into a tight consolidation, repeatedly capped at 1.3950 and now sitting below EMA20 as RSI fades from the highs. The pair holds near its highest since late March, with the rally's pace easing rather than reversing.
Support: 1.39294, 1.39258, 1.38727
Resistance: 1.3950, 1.39607
What it said to watch
Hourly close above 1.39607 week high resumes the uptrend
Failure to hold 1.39294 recent low confirms a lower low
BoC decision Wed 13:45 UTC and US CPI Wed 12:30 UTC could materially shift this read
10:02 UTC
Uptrend stalling near highs · RSI 48 · price 1.39369
USDCAD climbed steadily off Monday's 1.3865 base into the NY session, tagging a week high of 1.3960 before stalling. Price has since drifted back below EMA20 and is consolidating in the 1.3930-1.3950 band, with the 1.3950 area capping repeated attempts this week. RSI(14) sits mid-range near 47 as momentum flattens ahead of Wednesday's BoC decision.
Support: 1.3929, 1.3900, 1.3880
Resistance: 1.3950, 1.39607
What it said to watch
BoC rate decision Wed 13:45 UTC is the primary CAD driver and could materially shift this read
H1 close above 1.3960 reopens the upside path toward 1.40
Loss of 1.3929 support confirms a lower-low and exposes the 1.3900 round number
USDCAD has climbed steadily since early-week, with CAD pressured into Wednesday's BoC hold even after Friday's strong May jobs print, and the 1.3953/1.3960 area has capped repeated NY-session attempts. Price is now drifting back below EMA(20) toward the 1.3929 week open as RSI(14) cools to the mid-40s. Range top remains intact while the higher-low sequence off the 1.3875 area holds.
Support: 1.3929, 1.3900, 1.3875
Resistance: 1.3953, 1.39607
What it said to watch
BoC decision Wed 13:45 UTC and US CPI Wed 12:30 UTC are the week's main catalysts and could reset this read
Hourly close above 1.3960 extends the uptrend toward the 1.40 area
Loss of 1.3929 week open exposes the 1.3900 swing low
USDCAD rallied from Monday's 1.3852 area through the week to a 1.3960 print on Tuesday's NY session, with CAD pinned near two-month lows as soft Oil and the hawkish-Fed theme capped the Loonie. Price has since slipped back below EMA20, drifting into consolidation between 1.3926 and 1.3950 while RSI(14) eased toward 43, leaving a mild bearish divergence against the highs. Both BoC and US CPI land tomorrow — the dominant near-term catalysts.
Support: 1.3926, 1.3895, 1.3852
Resistance: 1.3950, 1.3960
What it said to watch
H1 close above 1.3960 reopens the week high
Loss of 1.3926 swing low confirms a deeper pullback
BoC decision Wed 13:45 UTC and US CPI could materially shift this read
USDCAD ground higher all week off the 1.38649 low into a 1.39607 week high during the NY session, leaving the pair near two-month highs as the Loonie stayed pressured ahead of the BoC. Price has since slipped back under EMA20 (~1.39470) and is consolidating in the 1.3930s, with RSI(14) cooling toward 46 after failing to push back above 1.3950. The 1.39607 week high caps the move while pullbacks have so far held above the 1.39258 swing low.
Support: 1.39258, 1.3900
Resistance: 1.3947, 1.39607
What it said to watch
BoC decision Wed 13:45 UTC and US CPI Wed 12:30 UTC could materially shift this read
H1 close back above 1.39470 EMA20 reopens the path to the 1.39607 week high
Loss of 1.39258 swing low confirms a deeper pullback toward 1.3900
USDCAD climbed steadily since Monday's open, tagging a week high at 1.39607 in yesterday's NY session as soft Crude and a firm USD kept the Loonie capped near two-month lows. Price has since drifted into consolidation sub-1.3950, slipping back below EMA(20) with RSI(14) cooling toward the mid-40s. The 1.39258 swing low marks the floor of this week's pullback while the 1.396 area has capped the advance.
Support: 1.39258, 1.3900
Resistance: 1.3947, 1.3952, 1.39607
What it said to watch
BoC rate decision Wed 13:45 UTC plus US CPI 12:30 GMT could materially shift this read
H1 close above 1.39607 reopens the path toward the 1.40 area
Failure to hold 1.39258 confirms a lower-low and breaks the week's higher-low sequence
USDCAD climbed steadily from the 1.3865 low into the 1.3961 week high, with the Loonie soft into Wednesday's BoC after a firmer USD post-NFP. Price is now consolidating just below the highs, slipping under EMA(20) at 1.3946 while holding the 1.3930 swing low. RSI(14) has cooled to the mid-40s as the impulse stalls under the 1.3950 psych level.
Support: 1.3930, 1.3946, 1.3900
Resistance: 1.3950, 1.3961
What it said to watch
H1 close above 1.3961 opens the path toward 1.40
Failure to hold 1.3930 swing low confirms a lower-low
BoC decision Wed 13:45 UTC and US CPI Wed 12:30 UTC could materially shift this read
Consolidating below week high after Friday's impulse.
USDCAD ran from Friday's 1.3865 low to 1.39607 on the back of a firmer USD post-NFP and faded Crude, parking the pair near two-month highs around the 1.3950 pivot. Since then H1 has consolidated in a tight 1.3930-1.3960 band, and the latest bars have slipped back under EMA(20) with RSI(14) easing toward 44. The 1.3950 pivot has capped repeated attempts this week while 1.3930 keeps holding on pullbacks.
Support: 1.3930, 1.3900, 1.3865
Resistance: 1.3950, 1.39607
What it said to watch
H1 close above 1.39607 week high opens room toward the 1.40 zone
Failure to hold 1.3930 swing low exposes 1.3900 round number
BoC decision Wed 13:45 UTC and US CPI Wed 12:30 UTC could materially shift this read
USD/CAD ground higher off the 1.3865 week low through Monday and into the NY session yesterday, with CAD soft and crowded-short into Wednesday's BoC. Price has since stalled under the 1.3960 week high and slipped below EMA(20), now consolidating around 1.3937 with RSI(14) easing back toward 46. The 1.3950 pivot has capped repeated attempts this week while higher-lows still hold.
Support: 1.39258, 1.38727, 1.38649
Resistance: 1.3952, 1.39607
What it said to watch
BoC decision Wed 13:45 UTC is the primary CAD risk and can reset this read
Close above 1.3960 opens the path to the 1.40 zone
Failure to hold 1.39258 confirms a lower-low and breaks the higher-low sequence
USDCAD has climbed since Monday's open from the 1.3850 area to a 1.3960 weekly high on hawkish-Fed repricing after Friday's blowout NFP and a soft Loonie, despite strong Canadian jobs. Price is now consolidating in the upper 1.3930s, drifting back below EMA(20) with the 1.3950/1.3960 ceiling capping the latest NY push and RSI(14) easing back toward midrange. The week's higher-low structure remains intact above 1.3925.
Support: 1.39294, 1.39258, 1.38727
Resistance: 1.3952, 1.39607, 1.4000
What it said to watch
BoC rate decision Wed 13:45 UTC and US CPI Wed 12:30 UTC could materially shift this read
Close above 1.3960 weekly high opens the 1.40 round number
Failure to hold 1.39258 higher low breaks the week's ascending structure
USDCAD ground higher through the week as a hotter US NFP and Crude pullback on Gulf ceasefire headlines kept the Loonie heavy into the BoC. Price stalled at the two-month resistance band 1.3950/1.3960 after the NY push, with the latest sessions consolidating in a tight 1.3936–1.3956 range. RSI has cooled back toward 47 and price is hugging EMA20, holding above EMA50 — momentum has flattened just under the cap.
Support: 1.3936, 1.39258, 1.38649
Resistance: 1.39504, 1.39607
What it said to watch
Hourly close above 1.3960 opens the 1.40 zone flagged this week
Loss of 1.3936 then 1.39258 breaks the rising sequence of higher lows
BoC decision Wed 13:45 UTC and US CPI Wed 12:30 UTC are the primary risk events that can reset this read
USDCAD climbed from Monday's 1.3873 base to a 1.3960 week high, with the Loonie unable to capitalise on a softer USD after the hawkish-Fed NFP repricing. Price is now consolidating in the upper third of the range, drifting back to EMA20 around 1.3945 with RSI flattening near 49. The 1.3950 two-month-high pivot has capped repeated attempts, and 1.3960 marks the week's ceiling into Wednesday's BoC decision.
Support: 1.39295, 1.39258, 1.38727
Resistance: 1.3950, 1.39607
What it said to watch
BoC rate decision Wed 13:45 UTC and US CPI Wed 12:30 UTC could materially shift this read
H1 close above 1.3960 week high opens the 1.40 zone
Failure to hold the 1.3930 weekly open confirms a lower-high
Consolidating below 2-month high after this-week impulse.
USDCAD has graded higher since Monday's session open, lifting from ~1.3846 to a 1.3961 week high as a hawkier Fed read and a fade in Crude on Mideast de-escalation kept the Loonie soft. Price is now coiling in a tight 1.3930-1.3960 band just under the 2-month high, holding above EMA20 with RSI(14) cycling in the mid-50s. The 1.3950 psych pivot and 1.3961 week high have capped the latest NY push.
Support: 1.3929, 1.3947, 1.3900
Resistance: 1.3961, 1.3950
What it said to watch
BoC rate decision Wed 13:45 UTC is the primary CAD risk and can break this consolidation either way
H1 close above 1.3961 opens the 1.40 zone
Loss of 1.3929 swing low breaks the higher-low sequence and exposes EMA20
USDCAD ground to fresh 2-month highs near 1.3960 through the NY session, extending the move off Monday's lows on hawkish-Fed repricing post-NFP and a soft CAD ahead of the BoC. Price is now coiling in a tight 1.3936-1.3960 range with RSI(14) cycling around the mid-50s; the 1.3950 pivot is capping intraday attempts. Pullbacks have repeatedly found the rising EMA(20).
Support: 1.3945, 1.3936, 1.39258
Resistance: 1.3950, 1.39607
What it said to watch
Hourly close above 1.3960 opens room toward the 1.40 zone
Loss of 1.3936 swing low breaks the higher-low sequence
BoC decision Wed 13:45 UTC is the primary CAD risk and could reshape this read
USDCAD has trended up since Monday's open, driven by hawkish Fed repricing after Friday's 172K NFP and Loonie softness into Wednesday's BoC despite a strong Canadian jobs print. Price stalled at the 1.3960 week high and is now consolidating just above EMA20 with RSI(14) cooling back toward 50. The 1.3950-1.3960 zone has capped two attempts in the NY session, while higher lows since the 1.3865 base remain intact.
Support: 1.39258, 1.3900, 1.38649
Resistance: 1.39607, 1.3952
What it said to watch
H1 close above 1.39607 opens the 1.40 zone
Failure to hold 1.39258 breaks the higher-low structure
BoC decision Wed 13:45 UTC is the primary CAD risk and could reshape this read
USDCAD has climbed steadily since the week's open and is now consolidating near two-month highs around 1.3950 after the NFP-driven USD bid and a softer Loonie failed to reverse. Price held above EMA(20) through the NY session, with the 1.39520 pivot capping and 1.3960 marking the week's ceiling. RSI(14) has eased back toward the mid-50s, reflecting the loss of upside momentum into the range.
Support: 1.3936, 1.3900, 1.3875
Resistance: 1.3952, 1.39607
What it said to watch
Hourly close above 1.39607 opens path toward the 1.40 zone
Failure to hold 1.39360 exposes the 1.3900 round level
BoC rate decision Wed 13:45 UTC could materially shift this read
USDCAD extended its weekly uptrend to 1.3961, the highest since early April, after Friday's hot US NFP overrode strong Canadian jobs and a softer Loonie reasserted control. Price has spent the NY session consolidating just below 1.3950 with RSI(14) easing back into the mid-50s, holding above EMA20 throughout this week's advance. The 1.39310 swing low has been the floor for the recent range.
Support: 1.3931, 1.39258, 1.38942
Resistance: 1.39607, 1.3950
What it said to watch
BoC rate decision Wed 13:45 UTC is the primary CAD risk — could materially shift this read
Close above 1.39607 opens the path toward the 1.40 area flagged by ING
Failure to hold 1.39310 confirms a lower-low and breaks the week's structure
US CPI Wed 12:30 UTC ahead of BoC adds a second-stage catalyst
USDCAD has graded higher since Monday's open, printing its best level since early April near 1.3960 as a firm USD and dovish BoC doubts kept the loonie soft despite strong Canadian jobs. Price is now consolidating around 1.3945, sitting on the EMA(20) with RSI(14) cycling in the low-to-mid 50s and momentum flattening into Wednesday's BoC decision. The 1.3950/1.3960 band has capped the latest NY-session push.
Support: 1.39294, 1.3900, 1.38675
Resistance: 1.39607, 1.3950
What it said to watch
BoC rate decision Wed 13:45 UTC is the primary CAD risk for this read
H1 close above 1.3960 opens the path toward 1.40
Failure to hold 1.3929 confirms a lower-low and breaks the higher-low sequence
USDCAD has trended higher since Monday's open, grinding to the highest since early April around 1.3950 as a hawkish-Fed USD bid and recession-overhang weigh on CAD despite firm jobs and rallying oil. Price holds above EMA20 and EMA50 with RSI cycling in the upper half; the 1.3960 week high has capped the last attempts and price is consolidating just beneath it.
Support: 1.3928, 1.39258, 1.38727
Resistance: 1.39607, 1.4000
What it said to watch
BoC decision Wed 13:45 UTC and US CPI Wed 12:30 UTC could materially shift this read
H1 close above 1.3960 opens the path toward the 1.4000 psych level
Failure to hold 1.3928 week open would confirm a lower-low and break the higher-low sequence
Higher highs, higher lows; grinding into week high.
USDCAD has held a steady uptrend since Monday's open, with USD bid on hawkish Fed repricing after Friday's NFP beat while the loonie stayed soft into BoC week despite firmer oil. Price is grinding the upper edge of the rising channel, with two attempts capped just under the 1.39607 week high and RSI(14) cycling in the upper-50s rather than pushing fresh extremes. Pullbacks have repeatedly found buyers above the 1.39360 zone, keeping the structure constructive.
Support: 1.3936, 1.3926, 1.3900
Resistance: 1.39607, 1.4000
What it said to watch
BoC rate decision Wed 13:45 UTC could materially shift this read
Close above 1.39607 opens the path toward the 1.40000 psych level
Failure to hold 1.39360 breaks the rising channel and confirms a lower-low
Higher highs and higher lows, consolidating near week top.
USDCAD has trended higher since Monday's open, riding Friday's hawkish-Fed repricing and CAD softness into BoC week, with price pinned near the 1.39607 weekly high. Pullbacks have repeatedly found the EMA(20) around 1.3936 and RSI(14) has cycled in the 50-62 band without losing structure. The 1.3950/1.3960 zone is capping the latest push while demand keeps stepping in above 1.3930.
Support: 1.3930, 1.3936, 1.38675
Resistance: 1.39607, 1.4000
What it said to watch
H1 close above 1.39607 opens the path to the 1.40000 psych zone
Failure to hold 1.39300 confirms a lower-low and breaks the higher-low sequence
BoC decision Wed 13:45 UTC could materially shift this read
00:01 UTC
Uptrend, pressing highs · RSI 63 · price 1.39576
Higher highs, higher lows into week high.
USDCAD has ground higher all week with CAD on the back foot into BoC week, the pair holding above EMA(20) on every pullback since Monday's open near 1.3936. Resistance at the 1.3960 week high has capped the last two NY attempts, and price is now consolidating just beneath it with RSI(14) cycling in the upper half. The bid held despite firm WTI, with rate-spread and recession concerns dominating the CAD read.
Support: 1.3945, 1.3936, 1.3905
Resistance: 1.3960, 1.4000
What it said to watch
H1 close above 1.3960 opens the 1.40 test
BoC decision Wed 13:45 UTC could materially shift this read
Loss of the 1.3936 weekly open would break the week's higher-low sequence