USD/CAD AI Live Scan, daily chart, Wednesday, 10 June 2026
Every read JAFX AI made on the USD/CAD daily chart that day, newest first: trend, structure, the levels it marked and what it said to watch.
22:39 UTC
Uptrend, near YTD highs · RSI 67 · price 1.39461
Rising highs and higher lows since early April.
Multi-month uptrend intact, with USDCAD holding above EMA50 on D1 since the early-April turn off 1.3550 and grinding to the 1.3969 YTD high. The last several sessions have stalled in a tight consolidation just below that ceiling, RSI now nearing overbought as the dovish BoC hold and wide US-Canada yield spreads keep the pair pinned near its highs. The round 1.3900 level marks the first shelf below price.
Support: 1.3900, 1.3550
Resistance: 1.3969, 1.4140
What it said to watch
A clean D1 close above 1.3969 opens the path toward the 1.4140 Nov high
Loss of 1.3900 and the rising-lows line would break the higher-low sequence
US PPI Jun 11 could reprice the US-Canada spread and shift this read
USDCAD has carved a steady uptrend since the early-Feb low at 1.3504, holding above a rising EMA(50) on D1 with a clean chain of higher lows. Today's BoC hold at 2.25% — dovish among G10 and fully priced — keeps CAD on the defensive and pins price near the YTD high; the pair has consolidated between 1.3900 and the 1.3969 ceiling over the last several sessions. RSI in the mid-60s shows momentum cooling as price grinds against resistance.
Support: 1.3900
Resistance: 1.3969, 1.4140
What it said to watch
D1 close above 1.3969 opens the path toward the 1.4140 Nov high
Failure to hold 1.3900 would mark the first lower low and challenge the uptrend
US PPI Thu and FOMC Jun 17 could materially shift the spread-driven read
Higher highs and higher lows since late-April low.
USDCAD has been in a steady uptrend since the late-April low near 1.3550, carving higher highs and holding above a rising EMA50. Price is now consolidating just below the 1.3969 YTD high after the BoC held at 2.25% as expected, leaving CAD on the defensive against a firm USD. RSI near 68 reflects stretched but not yet overbought momentum as the pair probes its ceiling.
Support: 1.3900
Resistance: 1.3969, 1.4140
What it said to watch
Daily close above 1.3969 opens the path toward the 1.4140 Nov 2025 high
Failure to hold 1.3900 would mark the first lower high of the rally
US PPI Thu could shift US-Canada spreads and this read
USDCAD has carved a steady multi-week uptrend off the early-May 1.355 low, holding above EMA(50) on D1 throughout the climb as CAD stays soft post-BoC hold and the USD trades near two-month highs. Price has now stalled just under the 1.3969 six-month high, with the last three sessions hovering in the 1.395–1.397 band. RSI(14) near 68 is approaching overbought but not yet stretched.
Support: 1.3900
Resistance: 1.3969, 1.4140
What it said to watch
D1 close above 1.3969 opens the path toward the 1.4140 Nov 2025 high
Failure to hold 1.3900 would mark the first lower high of the rally
US PPI Thu Jun 11 12:30 UTC could materially shift US-Canada spreads and this read