Slid to near-monthly low, consolidating in thin Asian trade.
USDCAD leaked down through the London-NY sessions from 1.4077 to a swing low at 1.4026, tracking a softer USD after the cool PPI print, and is now pinned around the 1.4039 pivot in thin Asian trade. Price holds below EMA20/50 with RSI neutral near 44 — no fresh direction in play into the Asian range.
Support: 1.40265, 1.40039
Resistance: 1.40445, 1.40769
What it said to watch
M15 close below 1.4026 confirms a lower low and reopens the 1.40 handle
Reclaim of 1.40445 session high needed to unwind the downside drift
Canada CPI Mon 12:30 UTC is the next domestic catalyst for this cross
23:46 UTC
Downtrend, now consolidating · RSI 42 · price 1.40358
Pullback stalled below EMAs, ranging into Asia.
USDCAD slid from 1.40769 during NY hours to a session low at 1.40265, tracking a soft USD post-PPI and firm oil that has pinned the cross near 4-week lows around the 1.4039 pivot. Price now drifts at 1.4036 on thin Asia volume, holding below EMA20 and EMA50 with RSI(14) mid-range; the 1.40445 swing high caps the bounce.
Support: 1.40265, 1.4000
Resistance: 1.40445, 1.40769
What it said to watch
M15 close above 1.40445 unwinds the pullback and reopens 1.40769
Break of 1.40265 session low targets the 1.40 psych level
Canada CPI Mon 12:30 UTC and US Retail Sales Thu 12:30 UTC could reset the range
23:31 UTC
Downtrend, now consolidating near lows · RSI 44 · price 1.40375
Tight range above four-week low, below 1.41 pivot.
London-NY sold USDCAD off the 1.40769 high to a four-week low at 1.40244, tracking the softer USD after cool US CPI/PPI and firm oil. Asia session is drifting sideways in a thin 1.4037-1.4045 band on very low volume, RSI mid-range with no momentum extreme.
Support: 1.40244, 1.4013
Resistance: 1.40445, 1.40769
What it said to watch
Sustained M15 close below 1.40244 extends the lower-low sequence
Reclaim of 1.40445 range top needed to ease downside pressure
US Retail Sales Thu 12:30 UTC is the next high-impact USD catalyst
23:31 UTC
Downtrend, now flat · RSI 45 · price 1.40375
Consolidating near session lows.
USDCAD slid through the London-NY sessions to a four-week low near 1.40244, holding the 1.4039 pivot flagged by softer US CPI/PPI and firm oil. Thin Asia-session volume has price pinned in a tight 1.4037-1.4040 coil just below EMA20, RSI(14) neutral around 44.
Support: 1.40265, 1.40244
Resistance: 1.4045
What it said to watch
M15 close below 1.40265 extends the lower-low sequence
Reclaim of 1.40450 negates the consolidation-at-lows read
US Retail Sales Thu 12:30 UTC is the next high-impact USD catalyst
23:17 UTC
Downtrend stalling, now flat · RSI 44 · price 1.40376
Consolidating just above four-week low.
USD/CAD slid to a four-week low near 1.4027 as soft US CPI/PPI kept the USD offered and oil stayed bid; the pair is now consolidating around 1.4038 in thin Asia-session trade. RSI mid-range, price under EMA20/50 — no active setup as it holds the 1.4039 triangle area.
Support: 1.40265, 1.4019
Resistance: 1.40445
What it said to watch
Close below 1.40265 session low extends the downside toward 1.4020
Reclaim of 1.40445 intraday high needed to challenge the descending lower highs
US Retail Sales Thu 12:30 UTC is the week's key USD catalyst for this pair
Sold off to session low, now flat at triangle support.
USD/CAD faded from the 1.40769 session high through NY hours to a low near 1.40265, then stalled right on the 1.4039 triangle support flagged in the CAD read. Late Asia-transition bars are thin, RSI(14) mid-40s with price pinned just below the level.
Support: 1.4039, 1.40265
Resistance: 1.40445, 1.40769
What it said to watch
Decisive M15 close below 1.4039 triangle support confirms a break lower toward 1.40265
Reclaim of 1.40445 swing high negates the intraday lower-high sequence
US Retail Sales Thu 12:30 UTC is the week's key USD catalyst and could reset this read
USDCAD slid from the 1.4077 session high to a 4-week low at 1.4028 before recovering to hover just above the 1.4039 triangle support flagged after the BoC held at 2.25%. Late-session tape is thin and flat, RSI(14) mid-40s with the intraday bounce capped near 1.4045.
Support: 1.4039, 1.4028
Resistance: 1.4045, 1.4077
What it said to watch
Decisive M15 close below 1.4039 opens the path toward 1.3970
Reclaim of 1.4045 negates the lower-high sequence
US Retail Sales Thu 12:30 UTC could materially shift this read
23:02 UTC
Downtrend, stalling into consolidation · RSI 48 · price 1.4040
Compressing above 1.4024 four-week low.
USDCAD slid to a four-week low near 1.4024 after the BoC held at 2.25% and softer US CPI/PPI weighed on the dollar, now pinned around 1.4040 on the triangle base. Volume has thinned into the quiet Asia session with price coiling in a tight 1.4037–1.4041 band.
Support: 1.4039, 1.4024
Resistance: 1.4050
What it said to watch
M15 close below 1.4024 confirms a fresh lower low
Reclaim of 1.4050 negates the near-term downside pressure
US Retail Sales Thu 12:30 UTC could re-arm dollar bids and shift this read
Sold off to 4-week low, now consolidating at support.
USDCAD slid from the session high at 1.4077 to a four-week low near 1.4026 on soft US CPI/PPI and a fully-priced BoC hold, and is now consolidating on the 1.4039 triangle support. Sequence of lower highs intact but the last few bars are thin, low-volume into the Asia handover with RSI mid-range.
Support: 1.4039, 1.40265
Resistance: 1.4054, 1.40769
What it said to watch
Decisive M15 close below 1.4039 tri support confirms continuation toward the 1.4026 session low
Reclaim of the 1.4054 prior high negates the down leg
US Retail Sales Thu 12:30 UTC is the key catalyst for this pair
22:46 UTC
Downtrend stalling, now flat · RSI 47 · price 1.40403
Consolidating above session low.
USDCAD slid to a four-week low near 1.40265 into the London-NY session then based back to 1.4040, capped by soft US CPI/PPI keeping the greenback heavy and firm oil supporting CAD. Now drifting sideways in thin Asia-session liquidity, holding just above the 1.4039 triangle support.
Support: 1.4039, 1.40265
Resistance: 1.40445
What it said to watch
M15 close below 1.4039 confirms lower-low and seller control
Reclaim of 1.40445 negates the near-term downside pressure
WTI / Strait of Hormuz headlines remain the primary CAD driver
22:32 UTC
Downtrend, momentum flat · RSI 46 · price 1.40392
Consolidating near four-week low.
USDCAD slid to a four-week low near 1.4024 as soft US CPI/PPI weighed on the dollar and firm oil backed CAD, then based into a tight 1.4029-1.4045 range through thin Asia-hours trade. RSI(14) sits mid-range near 46 and price is pinned just under EMA20 — no setup in play while volume drains into the session low.
Support: 1.40244, 1.4000
Resistance: 1.40445, 1.40769
What it said to watch
M15 close below 1.40244 confirms a fresh lower low and extends the down leg
Reclaim of 1.40445 opens the path back toward the 1.40769 session high
US Retail Sales / Jobless Claims on the calendar are the next USD-side lever for a break below 1.40
22:31 UTC
Downtrend, stalling into late session · RSI 44 · price 1.40392
Lower highs, consolidating near four-week low.
USDCAD sold off from the 1.4077 session high to a four-week low near 1.4026 as soft US CPI/PPI kept the dollar heavy and oil stayed bid; the 1.41 pivot broke earlier. Price is now stalling in a thin late-session range around 1.4040 with RSI(14) mid-40s, no directional push.
Support: 1.40265, 1.40281
Resistance: 1.4045, 1.40769
What it said to watch
M15 close below 1.4026 confirms a lower-low extension
Reclaim of 1.4045 needed to break the late-session consolidation
US Retail Sales Thu 12:30 GMT could reset the read
USD/CAD slid to a four-week low near 1.4026 after soft US PPI and firm oil, then bounced twice off that base to consolidate around 1.4040 into the Asia session. RSI(14) mid-range at ~46 with lower highs still capping under the 1.4077 swing.
Support: 1.40265, 1.4000
Resistance: 1.40445, 1.40769
What it said to watch
M15 close below 1.4026 confirms a lower low, opening the 1.4000 round number
Reclaim of 1.4044 recent high shifts the read back toward 1.4077
Canada CPI (Jul 20) is the next scheduled test for the pair
22:16 UTC
Downtrend, consolidating at lows · RSI 47 · price 1.40398
Lower highs off 1.4077, basing near four-week low.
USD/CAD slid to a four-week low near 1.4027 through NY hours on the soft US CPI/PPI backdrop and firm oil, now chopping around 1.4040 into the Asia handover on thin volume. RSI(14) sits mid-range near 47; a chain of lower highs from 1.4077 caps rebounds.
Support: 1.40265, 1.40281
Resistance: 1.40445
What it said to watch
M15 close below 1.4027 confirms a fresh lower low
Reclaim of 1.4045 needed to break the lower-high chain
Thu US Retail Sales could shift the USD leg of this read
22:02 UTC
Downtrend, bounce off lows · RSI 44 · price 1.4038
Lower highs into 4-week low, tentative base.
NY session pushed USD/CAD to 1.4077 then faded steadily to a 4-week low near 1.4026 as soft US CPI/PPI and bid oil weighed on the dollar. Buyers stepped in twice at 1.4026-1.4028, lifting price back to 1.4038 with RSI recovering from oversold territory; the descending sequence of lower highs still caps.
Support: 1.40265, 1.40312
Resistance: 1.40445, 1.40769
What it said to watch
M15 close above 1.40445 breaks the lower-high sequence
USD/CAD ground lower through NY to a four-week low near 1.4028 as soft US CPI/PPI kept the dollar heavy and oil stayed bid. Price now consolidating 1.4028–1.4045 in thin early-Asia trade, RSI back to mid-range after the sell-off.
Support: 1.4028, 1.4000
Resistance: 1.4045, 1.4067
What it said to watch
M15 close below 1.4028 confirms a fresh lower low
Reclaim of 1.4045 needed to re-test the 1.4067 swing high
US Retail Sales (Thu 12:30 UTC) is the next dollar catalyst
USD/CAD drifted to a four-week low near 1.4024 as soft US data kept the dollar heavy, with M15 grinding lower from the 1.4077 day high. Price is basing on a double bottom around 1.4025-1.4028 into the late-NY/Asia handover; RSI(14) mid-40s, price capped under EMA20/EMA50.
Support: 1.40244, 1.4032
Resistance: 1.40445, 1.40769
What it said to watch
M15 close below 1.40244 confirms a fresh lower low
Reclaim of 1.40445 session high needed to break the lower-high chain
US Retail Sales (Thu 12:30 UTC) is the next major driver for the dollar leg
USD/CAD drifted lower through the NY session to a four-week low near 1.40244 on the soft US CPI/PPI backdrop, then buyers stepped in for a bounce back to 1.40379 into the late-session/Asia handover. Volume is thin and price sits below EMA20/50 with RSI recovering off the lows; descending highs still cap.
Support: 1.40281, 1.40244, 1.4000
Resistance: 1.40445, 1.40538, 1.40769
What it said to watch
M15 close below 1.40244 extends the lower-low sequence
reclaim of 1.40445 challenges the descending session highs
1.41 pivot remains the wider structural cap above
21:31 UTC
Downtrend, grinding lower · RSI 41 · price 1.4033
Lower highs, printing session lows.
USDCAD ground down through NY hours, breaking the 1.4044 shelf to print a session low near 1.4028 as the soft US CPI/PPI backdrop keeps the dollar heavy. Late-session liquidity is thin and price is basing around 1.4033; lower highs remain intact below the 1.4076 session high.
Support: 1.4028, 1.4000
Resistance: 1.4044, 1.4076
What it said to watch
M15 close back above 1.4044 recent high would neutralise the lower-high sequence
Loss of 1.4028 session low opens the 1.4000 round number
Thin late-session liquidity can distort moves into rollover
USDCAD drifted to a fresh four-week low near 1.4026 in thin Asia-transition trade after the earlier break of the 1.41 pivot on soft US data and firm oil. Price sits at 1.4033 below EMA20/50, RSI(14) around 40 with no oversold extreme; sequence of lower highs from 1.4077 intact.
Support: 1.4026, 1.4000
Resistance: 1.4044, 1.4057, 1.4077
What it said to watch
M15 close below 1.4026 extends the lower-low sequence
Reclaim of 1.4044 prior high needed to stall the slide
Thin liquidity — moves prone to exaggeration into Asian range build
USDCAD slid below the 1.41 pivot to a four-week low at 1.40244 as soft US inflation weighed on the dollar and oil stayed bid; the BoC hold at 2.25% was fully priced. Price has since based between 1.40265 and the 1.40445 bounce high, with the last bars thin into the Asia handover and RSI(14) recovering off its lows.
Support: 1.40244, 1.4000
Resistance: 1.40445, 1.4053, 1.40769
What it said to watch
M15 close below 1.40244 confirms a fresh lower low
Reclaim of 1.40445 needed to challenge the descending lower highs
Canada CPI Mon 12:30 UTC is the next scheduled driver
USD/CAD ground lower through the NY session to a four-week low near 1.4024 as USD stayed soft post-PPI miss and oil kept CAD bid. Price drifted off that low back to 1.40346, RSI mid-40s; the final two bars are near-zero volume, marking the market close rather than fresh flow.
Support: 1.40265, 1.40244
Resistance: 1.40445
What it said to watch
Break below 1.40244 session low opens the path toward 1.4000
M15 close above 1.40445 recent high breaks the lower-high sequence
Canada CPI Mon 12:30 UTC is the next scheduled catalyst
USDCAD sold off through NY hours to a session low at 1.40244 — a fresh four-week low after soft US CPI/PPI and firm oil kept the CAD bid — then stabilised in a tight 1.40390–1.40450 band. RSI(14) near 46 after basing from the lows; price is pinned to EMA20 with the descending session highs capping rebounds.
Support: 1.40312, 1.40244, 1.4000
Resistance: 1.4045, 1.40538
What it said to watch
Break below 1.40244 session low opens the path to the 1.4000 psych level
Reclaim of 1.40538 swing high would negate the intraday downtrend read
Canada CPI (Jul 20) is the next scheduled test for CAD direction
USDCAD ground lower through NY hours to a session low at 1.40265 as a soft US PPI print kept the dollar heavy and oil stayed bid; price bounced but stalled at 1.40445. Now ranging 1.40265–1.40445 into the Asia handover with RSI(14) mid-band, no momentum extreme.
Support: 1.40265, 1.4000
Resistance: 1.40445
What it said to watch
Close below 1.40265 opens the path to the 1.40000 psych level
Reclaim of 1.40445 swing high needed to negate the lower highs
Fed's Musalem speaks 23:30 UTC — could shift this read
Lower highs into a four-week low, now consolidating off the base.
USD/CAD slid through the day to a four-week low near 1.4024 as soft US CPI/PPI kept the dollar heavy and the BoC held at 2.25% as expected. Buyers stepped in at the base and price is now consolidating in a tight 1.4030–1.4045 band, RSI recovering to mid-range.
Support: 1.40244, 1.4031
Resistance: 1.40445, 1.40548
What it said to watch
Break below 1.4024 confirms a fresh lower low
Reclaim of 1.4045 opens the path back toward the 1.4055 swing high
US Retail Sales Thu 16 Jul 12:30 UTC could materially shift this read
USDCAD slid to a four-week low near 1.4026 through the NY session on soft US PPI and firm oil, then bounced and is now consolidating around 1.4042. The move has retraced roughly 38% of the 1.4077-1.4026 leg; the bounce high at 1.4045 is the immediate cap, with the BoC hold at 2.25% already in the price.
Support: 1.40265, 1.4031
Resistance: 1.4045, 1.40538, 1.40769
What it said to watch
Hold above 1.4026 keeps the bounce structure intact; a break below confirms a fresh lower low
M15 close above 1.4045 opens the path back toward the 1.4054 swing high
US Retail Sales Thu 12:30 UTC could materially shift this read
20:31 UTC
Downtrend, bounce off lows · RSI 49 · price 1.40434
Lower highs, holding above session low.
NY hours sold USDCAD off the 1.40769 session high to a four-week low near 1.40244, with USD soft after the PPI miss and firm oil keeping CAD bid. Price is now consolidating around 1.4043 into the late session, RSI recovered to neutral and holding just above the session low.
Support: 1.40244, 1.4000
Resistance: 1.40548, 1.40679, 1.40769
What it said to watch
M15 close above 1.40548 negates the lower-high sequence
Break below 1.40244 extends the downtrend toward the 1.4000 psych level
Fed's Musalem 23:30 UTC could shift the USD read
20:31 UTC
Downtrend, stabilising off lows · RSI 52 · price 1.40434
Session low set, corrective bounce into consolidation.
USDCAD sold to a fresh session low at 1.40265 on soft-USD flows before buyers stepped in, lifting price back to consolidate near 1.4043. Recovery has stalled under the 1.40450 bounce high with RSI back to neutral; still trading below the four-week-low pivot area.
Support: 1.40265, 1.40312
Resistance: 1.4045, 1.40548
What it said to watch
Close below 1.40265 confirms a fresh lower-low and reopens downside
Reclaim of 1.40450 puts the 1.40548 swing high back in play
US Retail Sales Thu 12:30 UTC could materially shift this read
NY session drove USDCAD from the 1.40769 high down to a session low at 1.40265, before a modest recovery into late hours stalled at 1.40445. CAD stays firm after the BoC hold and soft US CPI/PPI; RSI(14) back to mid-range near 52 and ATR compressed around 7 pips.
Support: 1.40325, 1.40265
Resistance: 1.40445, 1.4054
What it said to watch
Close back below 1.40265 confirms a fresh lower low
Reclaim of the 1.40540 swing high negates the downtrend read
Fed's Musalem ~23:30 UTC could shift USD tone
20:16 UTC
Downtrend, stalling off lows · RSI 53 · price 1.40444
Recovery from session low, micro higher lows.
USDCAD slid to a four-week low at 1.40265 during NY hours as soft US PPI kept the dollar heavy, then buyers stepped in to build a chain of higher lows back toward 1.40444. Recovery is intact but capped below prior swing supply at 1.40527; RSI(14) has reset to neutral near 53.
Support: 1.40312, 1.40265
Resistance: 1.40527
What it said to watch
Loss of 1.40312 reopens the 1.40265 session low
M15 close above 1.40527 shifts the read from recovery to broader base
US Retail Sales Thu 12:30 UTC could materially move this pair
USDCAD slid to a four-week low near 1.4024 during NY hours as soft US PPI weighed on the dollar and firm oil supported CAD. Buyers stepped in twice around 1.4025-1.4026 and price recovered toward 1.4042; now consolidating between 1.4032 and 1.4045 with RSI back to neutral.
Support: 1.40325, 1.40244
Resistance: 1.40445, 1.40525
What it said to watch
M15 close below 1.40244 confirms a fresh lower low
reclaim of 1.40445 then 1.40525 needed to unwind the down leg
US Retail Sales Thu 12:30 UTC could materially shift this read
USDCAD ground lower through the NY session, tagging a 1.40244 session low as the USD stayed soft on the June PPI miss, before buyers lifted it back to 1.40425. Price is now consolidating in the 1.4039–1.4042 zone, RSI(14) recovered to mid-40s from oversold.
Support: 1.40265, 1.40244
Resistance: 1.40425, 1.40538
What it said to watch
M15 close above 1.40425 breaks the descending resistance and opens 1.40538
Failure to hold 1.40265 reopens the 1.40244 session low
US Retail Sales Thu 12:30 UTC could shift the USD read
NY session extended the slide to a fresh session low at 1.40265 after soft US PPI reinforced the dovish USD repricing, then bounced back to 1.40417. Sellers capped at the 1.40540 swing; the four-week low zone near 1.40045 remains the downside marker.
Support: 1.40265, 1.40045
Resistance: 1.4054
What it said to watch
Reclaim of 1.40540 would neutralise the lower-high chain
Failure to hold 1.40265 opens the path toward the 1.40045 four-week low
US Retail Sales Thu 12:30 UTC could materially shift this read
19:46 UTC
Downtrend, stabilising · RSI 47 · price 1.40417
Session low bounce, consolidating.
NY session slid to a four-week-area low near 1.40265 as the June PPI miss extended USD-down pressure, then recovered to 1.4042. Price now consolidating below EMA20 with RSI(14) back to mid-range; recent high at 1.40445 caps the bounce.
Support: 1.40265, 1.40312
Resistance: 1.40445, 1.40548
What it said to watch
M15 close above 1.40445 opens the path to 1.40548
Break below 1.40265 confirms a lower low
US Retail Sales Thu 12:30 UTC could shift this read
USDCAD ground to a four-week session low at 1.40244 during NY hours as the June PPI miss extended USD softness and the in-line BoC hold left the loonie supported. Price bounced to 1.40425 and stalled, now hovering at 1.40402 below both EMAs; RSI(14) recovering off mid-40s.
Support: 1.40244, 1.4031
Resistance: 1.40425, 1.40548
What it said to watch
Close back above 1.40425 bounce high opens the path toward 1.40548
Break of 1.40244 session low confirms continuation of the lower-low sequence
US Retail Sales Thu 12:30 UTC could materially shift this read
Lower highs, lower lows; session low swept then bounce.
USDCAD ground to a four-week low at 1.40244 through the NY session as soft US PPI extended the USD slide; sellers pressed a clean chain of lower highs from 1.40769. Price bounced to 1.40425 and is stalling just below that bounce high, RSI(14) recovering from the low-40s.
Support: 1.40244, 1.4000
Resistance: 1.40425, 1.40658
What it said to watch
M15 close above 1.40425 breaks the lower-high sequence
Break below 1.40244 opens the path toward 1.4000
US Retail Sales Thu 12:30 UTC could materially shift this read
19:16 UTC
Downtrend, bounce fading · RSI 44 · price 1.40369
Lower highs, lower lows into session low.
NY session ground lower, USD/CAD printing a session low at 1.40244 as the soft US CPI/PPI-driven dollar slide continued and the BoC hold offered no fresh push. A bounce to 1.40425 was sold back to 1.40369; RSI(14) mid-range near 44 with no divergence.
Support: 1.40244, 1.40039
Resistance: 1.40425, 1.40548
What it said to watch
Break below 1.40244 confirms a fresh lower low toward the 1.4004 four-week low
M15 close back above 1.40548 invalidates the downtrend read
US Retail Sales Thu 12:30 UTC could materially shift this read
19:16 UTC
Downtrend, small bounce off lows · RSI 43 · price 1.40369
Lower highs, lower lows into session low.
USDCAD sold through the NY session, breaking the ~1.4039 near-monthly low to print 1.40265 as soft US PPI kept the dollar pressured. A shallow bounce to 1.40423 has faded back to 1.40369; price holds below EMA20/50 with lower highs intact.
Support: 1.40265, 1.40244
Resistance: 1.40423
What it said to watch
Reclaim above 1.40423 would break the lower-high chain
Close below 1.40265 extends the downtrend toward 1.40244
US Retail Sales Thu 12:30 UTC could shift this read
19:02 UTC
Downtrend, snapping back off lows · RSI 43 · price 1.4042
Lower highs into a fresh session low, sharp two-bar recovery.
NY afternoon ground USDCAD to a fresh four-week low near 1.4026 on the soft-USD flow after weak PPI, marginally undercutting the 1.4039 monthly low. A sharp two-bar bounce back to 1.4042 rejected the low, but price still sits below EMA20/50 with RSI(14) recovering from oversold.
Support: 1.4039, 1.4026
Resistance: 1.4048, 1.4054
What it said to watch
Reclaim and hold above 1.4054 would invalidate the intraday downtrend read
Failure to hold 1.4026 opens further downside
US Retail Sales Thu 12:30 UTC could materially shift this read
Lower highs into 1.4039 support, bounce off session low.
NY session pressed USD/CAD to a four-week low near 1.4026 as soft US PPI and the steady BoC hold kept the pair offered; buyers stepped in on the final bar with a sharp recovery to 1.4042. RSI(14) lifting off intraday lows against a lower price low, easing the downside momentum.
Support: 1.4026, 1.4039
Resistance: 1.4054
What it said to watch
M15 close below 1.4026 confirms a lower low and opens toward 1.3970
Reclaim of 1.4054 negates the lower-high sequence
US Retail Sales Thu 12:30 UTC could materially shift this read
18:46 UTC
Downtrend, fresh lows · RSI 39 · price 1.40324
Lower highs, lower lows into session low.
USD/CAD extended its slide through NY hours, breaking the 1.4039 four-week low to print 1.40244 as soft US PPI kept the dollar heavy. A small bounce off the low into the close with RSI(14) near 39; the broken 1.4039 low now caps as resistance.
Support: 1.40244, 1.4000
Resistance: 1.4039, 1.40485
What it said to watch
M15 close back above 1.40390 prior low would ease the downside pressure
Break below 1.40244 session low opens the path toward the 1.40000 psych level
US Retail Sales Thu 12:30 UTC could materially shift this read
USDCAD extended lower through the NY session, breaking the prior four-week low near 1.4039 to print fresh lows at 1.40244 as soft US PPI kept the dollar pressured. RSI(14) cooling into the low 30s but not yet oversold; price glued below EMA20/50.
Support: 1.40244, 1.4000
Resistance: 1.40404, 1.40485
What it said to watch
M15 close back above 1.40404 would ease the downside pressure
US Retail Sales Thu 12:30 UTC could materially shift this read
Failure to hold 1.40244 opens a probe toward the 1.40000 psych level
18:31 UTC
Downtrend, fresh lows · RSI 28 · price 1.40258
Lower highs, lower lows.
USDCAD leaked lower through the NY session, breaking the 1.4039 near-monthly low as soft US PPI extended the dollar's disinflation-driven slide. Fresh session low at 1.40253 with RSI(14) into oversold near 27 — momentum stretched but no reversal signal yet.
Support: 1.4025, 1.4000
Resistance: 1.4055
What it said to watch
Reclaim above 1.4055 would negate the lower-low breakdown
US Retail Sales Thu 12:30 UTC could materially shift this read
Sustained hold below 1.4025 opens the 1.4000 round number
USDCAD sold off through the NY session to a fresh session low at 1.4025, extending the slide as soft US PPI kept the dollar pinned and CAD stayed firm on oil. RSI(14) near 27, short-term oversold, with price stacked below EMA20 and EMA50 and no sign of a base yet.
Support: 1.40253, 1.4000
Resistance: 1.4034, 1.40485
What it said to watch
Reclaim of 1.40340 would ease the immediate downside pressure
Sustained trade below 1.40000 psych extends the lower-low sequence
US Retail Sales Thu 12:30 UTC could materially shift this read
NY session drove USDCAD to a new session low of 1.40291, slicing through the 1.4039 monthly-low base that held earlier in the day, as soft US PPI extended the dollar's second-day slide. RSI(14) sits in the low 30s, not yet oversold, with price pinned below EMA20/50.
Support: 1.40291, 1.4000
Resistance: 1.4039, 1.40485
What it said to watch
A reclaim and M15 close back above 1.40390 would negate the breakdown
US Retail Sales (Thu 12:30 UTC) could materially shift this read
18:16 UTC
Downtrend, fresh lows · RSI 34 · price 1.40333
Lower highs, lower lows; broke prior low.
USD/CAD ground lower through the NY session, breaking the 1.4039 near-monthly low to print 1.40291 as soft US PPI kept the dollar pinned. Price sits below EMA20/50 with RSI(14) sub-35; the last bar shows a shallow pause just under the broken level.
Support: 1.40291, 1.4000
Resistance: 1.4039
What it said to watch
Reclaim of 1.40390 would put price back inside the prior range
US Retail Sales Thu 12:30 UTC could materially shift this read
USD/CAD sold off through the NY afternoon, breaking below the 1.4039 monthly low to print a fresh session low at 1.40299, extending soft US CPI/PPI pressure on the dollar. Declining highs since the 1.40769 session high mark a clean downtrend, with RSI(14) now near oversold.
Support: 1.40299, 1.4039
Resistance: 1.40485, 1.40769
What it said to watch
Reclaim of 1.4039 back inside the prior range would neutralise the downside break
A close below 1.40299 confirms continuation to fresh lows
Canada CPI Mon 12:30 UTC could reshape this read
18:02 UTC
Downtrend, accelerating into lows · RSI 30 · price 1.40303
Lower highs, lower lows.
NY session drove USDCAD to a fresh session low at 1.40303, cracking the 1.4039 monthly base as USD stayed soft on the CPI/PPI misses. RSI(14) near 30, momentum still one-way with no rejection yet at the lows.
Support: 1.40299, 1.4000
Resistance: 1.4039
What it said to watch
Reclaim above 1.4039 monthly base would negate the breakdown
Thursday 12:30 UTC US Retail Sales could materially shift this read
USDCAD sold off through the NY afternoon, breaking prior 1.4039 support to print a fresh session low at 1.40305 as soft US PPI kept the dollar pinned. RSI(14) near 34 — pressured but not yet extreme; price hugging the lows with the descending high chain intact.
Support: 1.40305, 1.4000
Resistance: 1.40485
What it said to watch
Reclaim of 1.40485 intraday pivot would ease the downside pressure
A decisive hold below 1.40305 keeps the lower-low sequence in play toward 1.40000
Fed Beige Book at 18:00 UTC could shift this read
17:46 UTC
Downtrend, fresh lows · RSI 32 · price 1.40344
Lower highs, lower lows into 1.40 handle.
USDCAD ground lower through the NY session to a fresh low of 1.40305, extending the USD selloff after soft US CPI/PPI, with a steady BoC hold offering CAD no obstacle. Price sits below EMA20/50 with RSI(14) near 31, pressing the 1.40 handle.
Support: 1.40305, 1.4000
Resistance: 1.40548
What it said to watch
A decisive M15 close below 1.40000 opens the path toward 1.3970
Reclaim of 1.40548 swing high would break the lower-high chain
Thursday 12:30 UTC US Retail Sales could materially shift this read
Downtrend intact through NY hours, USD/CAD grinding to a fresh session low at 1.40379 after soft US PPI and a steady BoC hold. Sellers pressing the 1.4039 triangle base; RSI(14) near 35, not yet oversold.
Support: 1.4039, 1.4000
Resistance: 1.4055
What it said to watch
M15 close below 1.4039 triangle base opens the path toward 1.3970
Reclaim of 1.4055 negates the fresh lower-low
BoC press conference tone could shift this read
17:31 UTC
Downtrend, at session lows · RSI 34 · price 1.40379
Lower highs, breaking triangle base.
USD/CAD ground lower through the NY session to a fresh session low at 1.40379, extending the down-leg from 1.40769 as soft US CPI/PPI and a firm CAD oil bid weigh. Price is below EMA20/50 with RSI(14) near 34, and the 1.4039 triangle base has given way.
Support: 1.40379, 1.4000
Resistance: 1.40548, 1.40709
What it said to watch
Decisive hold below 1.40379 opens the path toward the 1.4000 psych handle
Reclaim of 1.40548 swing high would neutralise the lower-high sequence
Fed Beige Book (18:00 UTC) and Thursday US Retail Sales could shift this read
17:16 UTC
Downtrend, capped at session high · RSI 42 · price 1.40437
Choppy range 1.4039-1.4077, drifting back to lows.
USD soft during NY hours after the PPI miss reinforced the disinflation read, though USDCAD is chopping rather than trending. Price was rejected at the 1.4077 session high and has drifted back to the session low near 1.4042, RSI(14) mid-range around 41. The 1.4039-1.4077 range still contains the move.
Support: 1.40419, 1.4039
Resistance: 1.4051, 1.40709, 1.40769
What it said to watch
Close below 1.4039 triangle base opens the path toward 1.3970
Reclaim of 1.4051 EMA20 puts 1.4070/1.4077 back in play
Thursday 12:30 UTC US Retail Sales could materially shift this read
USDCAD rolled over from the 1.40769 session high during NY hours and is grinding back toward the 1.4039 monthly low / triangle base, extending USD softness after the weak US PPI print. RSI(14) near 39, chain of lower highs intact with price closing on the session low.
Support: 1.4039, 1.40419
Resistance: 1.40548, 1.40769
What it said to watch
A decisive M15 close below 1.4039 opens the path toward 1.3970
Recovery above 1.40548 negates the lower-high sequence
US Retail Sales (Thu 12:30 UTC) could materially shift this read
17:03 UTC
Downtrend, momentum flat · RSI 44 · price 1.40467
Ranging near session lows after rejection.
USDCAD faded to near-monthly lows around 1.4039 as soft US CPI/PPI kept the dollar heavy; the 1.40769 session high was rejected and price has since drifted lower. NY session now ranging 1.40454–1.40548 with RSI(14) mid-range, no directional impulse.
Support: 1.40454, 1.4039
Resistance: 1.40548, 1.40769
What it said to watch
M15 close below 1.4039 monthly low opens the path toward 1.3970
Reclaim of 1.40548 swing high would ease the near-term downside pressure
Thursday US Retail Sales (12:30 UTC) could materially shift this read
Intraday range 1.4045-1.4076 after recovery off 1.4039.
USDCAD is ranging 1.4045-1.4076 through the NY session after soft US CPI/PPI knocked the dollar below 1.41; price now sits at the lower edge near 1.40467 with RSI mid-40s. The 1.40769 session high capped the earlier bounce and sellers have kept price pinned below the range top.
Support: 1.40454, 1.4039
Resistance: 1.4065, 1.40769
What it said to watch
M15 close below 1.4039 session low opens the path toward 1.3970
Reclaim of 1.4065 range top would re-engage the session high at 1.40769
Thursday US Retail Sales could materially shift this read
16:46 UTC
Downtrend stalling, now ranging · RSI 47 · price 1.40541
Consolidation below session high after rejection.
NY session sold the 1.4076 session high hard, dropping into a 1.4045–1.4066 range where price now sits mid-channel near 1.4054. USDCAD holds near monthly lows with CAD firm after a steady BoC and soft US CPI/PPI; RSI(14) neutral around 46, ATR ~7 pips.
Support: 1.4045, 1.4039
Resistance: 1.4066, 1.4076
What it said to watch
M15 close below 1.4039 triangle base opens the path toward 1.3970
Reclaim of 1.4066 swing high shifts the range balance back up toward 1.4076
US Retail Sales Thu 12:30 UTC could materially shift this read
16:46 UTC
Sideways, no clear direction · RSI 51 · price 1.40541
Choppy range near monthly lows.
USDCAD is chopping around 1.4054, holding just above the 1.40454 session low after a rejection off the 1.40769 session high during NY hours; the soft US CPI/PPI run and a steady BoC hold have kept the pair pinned near four-week lows. No clean setup in play — price is oscillating inside the 1.4045–1.4077 range with RSI(14) flat around 50.
Support: 1.40454, 1.4039
Resistance: 1.4062, 1.40769
What it said to watch
A decisive close below the 1.40390 triangle base opens the path toward 1.3970
Reclaim of 1.40620 pivot would firm the intraday bounce
US Retail Sales Thu 12:30 UTC could materially shift this read
16:31 UTC
Intraday downtrend off session high · RSI 41 · price 1.40494
Lower highs, range base 1.4039 holding.
USDCAD is grinding lower through the NY session after a rejection at the 1.40769 session high, with soft US CPI/PPI and a steady BoC hold keeping the pair pinned near its near-monthly low. Price sits at 1.40494 in the lower half of the 1.4039–1.4077 range, RSI(14) mid-40s with no extreme.
Support: 1.4039, 1.40454
Resistance: 1.40619, 1.40769
What it said to watch
M15 close below 1.4039 confirms a lower low and opens the path toward 1.3970
Reclaim of 1.40619 swing high would neutralise the lower-high sequence
Fed Beige Book (18:00 UTC) and Warsh testimony could shift this read
16:31 UTC
Downtrend, sliding into NY afternoon · RSI 43 · price 1.40494
Lower highs off 1.4077, holding above 1.4045.
USD/CAD rejected the NY session high at 1.4077 and has ground down into a chain of lower highs, now hovering near 1.4049 with RSI(14) in the low 40s. The soft US PPI print kept the USD offered while CAD holds firm on the oil bid; sellers stepping in on each bounce toward 1.4066.
Support: 1.4045, 1.4039
Resistance: 1.4066, 1.4077
What it said to watch
M15 close below 1.4039 confirms a lower-low and opens the path toward 1.3970
Recovery above 1.4066 negates the lower-high sequence
US Retail Sales Thu 12:30 UTC could materially shift this read
16:16 UTC
Downtrend, faded from session high · RSI 41 · price 1.40469
Lower highs after rejection at 1.40769.
NY afternoon faded the session high at 1.40769 into a stair-step lower-high sequence, retracing most of the earlier push and pressing back toward the 1.40454 swing low. USD stays soft after the CPI/PPI misses while CAD holds firm near its monthly low; RSI(14) cooling in the low-40s with price under both EMAs.
Support: 1.40454, 1.4039
Resistance: 1.4062, 1.40769
What it said to watch
Close below 1.4039 triangle base opens the path toward 1.3970
Reclaim of 1.4062 negates the lower-high sequence
Fed Beige Book 18:00 UTC could shift the USD read
16:16 UTC
Short-term downtrend after rejection · RSI 42 · price 1.40469
Lower highs off session high, testing lows.
NY session rejected 1.40769 and sold off to 1.40454, price now grinding lower highs near 1.40469 as the loonie holds four-week highs on soft US CPI/PPI and a steady BoC. RSI(14) mid-40s, no oversold signal yet; pair sits just above session lows and the 1.4039 near-monthly base.
Support: 1.40454, 1.4039
Resistance: 1.4057, 1.40769
What it said to watch
M15 close below 1.40454 opens the path to the 1.4039 base
Reclaim of 1.40570 negates the lower-high sequence
USDCAD chopped either side of 1.4050 through the NY afternoon after a steady BoC hold and soft US PPI; the 1.4077 session high was rejected and price faded back toward the 1.4045 swing low. Still holding above the 1.4039 near-monthly low, price sits below EMA20/50 with RSI(14) mid-40s.
Support: 1.4045, 1.4039
Resistance: 1.4062, 1.4077
What it said to watch
Close below 1.4039 confirms a lower low, opening 1.3970
Reclaim of 1.4062 swing high needed to reset the range top
US Retail Sales Thu 12:30 UTC could materially shift this read
NY afternoon has sold USD/CAD back toward the session low at 1.40454 after tagging 1.40769, retracing almost the entire London bounce; pair sits near its near-monthly low with RSI(14) around 42. BoC held at 2.25% as expected, so price is tracking the softer USD/oil narrative rather than the decision.
Support: 1.40454, 1.4039
Resistance: 1.4057, 1.4065, 1.40769
What it said to watch
close below 1.4039 monthly low opens the path toward 1.3970
reclaim of 1.4057 swing would ease the downside pressure
US Retail Sales Thu 12:30 UTC could materially shift this read
15:47 UTC
Pulling back after rejection at session high · RSI 43 · price 1.40494
Boxed 1.4039–1.4077; lower highs since the 1.4077 rejection.
NY session sold the 1.4077 high back toward the 1.4045 session low, RSI(14) cooling to the low 40s as USD stayed soft after the PPI miss. Price is grinding along the deep end of the day's range, holding just above the 1.4039 triangle base.
Support: 1.4045, 1.4039
Resistance: 1.4057, 1.4077
What it said to watch
M15 close below 1.4039 confirms a break of the range base toward 1.3970
Reclaim of 1.4057 negates the lower-highs sequence off 1.4077
US Retail Sales Thu 12:30 UTC could reset this intraday read
15:46 UTC
Downtrend, recent leg lower · RSI 41 · price 1.40494
Lower highs off 1.4077, testing range base.
NY session rejected the 1.40769 high and drifted lower under broad USD pressure after the soft US PPI print, with USDCAD sagging toward its near-monthly low into the BoC hold. Price now sits at 1.40494, printing lower highs and pressing the 1.40454 support.
Support: 1.40454, 1.4039
Resistance: 1.4057, 1.40769
What it said to watch
M15 close below 1.40454 confirms a lower low toward 1.40390
Reclaim of 1.40570 would neutralise the lower-high sequence
US Retail Sales Thu 12:30 UTC could materially shift this read
USDCAD is grinding lower through the NY session, rejected at 1.40769 and printing lower highs down to the 1.40454 swing low, with price now pinned near the 1.4039 monthly triangle base after the BoC held at 2.25% and soft US PPI kept the dollar heavy. RSI(14) around 39, no oversold extreme yet.
Support: 1.40454, 1.4039
Resistance: 1.40675, 1.40769
What it said to watch
M15 close below 1.4039 monthly low opens the path toward 1.3970
Reclaim of 1.40675 swing high would neutralise the lower-high sequence
US Retail Sales tomorrow 12:30 UTC could materially shift this read
15:31 UTC
Pullback off session high · RSI 42 · price 1.40489
Rejected 1.4077, sliding to session lows.
NY afternoon: the push to 1.40769 was firmly rejected and price has bled back to session lows near 1.40454, RSI(14) cooling to the low-40s. Broadly boxed 1.4039-1.4077 all day with the recent tilt lower into the close.
Support: 1.40454, 1.4039
Resistance: 1.4058, 1.40769
What it said to watch
M15 close below 1.40454 exposes the 1.40390 monthly low toward 1.3970
Reclaim of 1.40580 shifts the read back into the intraday range mid
US Retail Sales Thu 12:30 UTC could materially shift this read
15:17 UTC
Range, drifting lower · RSI 44 · price 1.40542
Consolidation after rejection at session high.
USDCAD spiked to a session high of 1.40769 during NY hours then was sharply rejected back to 1.40527, and now sits mid-range near 1.40542 below EMA20/50. Soft US PPI and a steady BoC hold drove the pair to a near-monthly low of 1.4039 earlier before it recovered; price is now boxed between 1.40500 support and the 1.40680 swing high, RSI cooling around 44.
Support: 1.4050, 1.40454, 1.4039
Resistance: 1.4068, 1.40769
What it said to watch
M15 close below 1.40454 reopens the 1.40390 intraday low
Close above 1.40680 puts the 1.40769 session high back in play
Fed Beige Book 18:00 UTC could shift this read within the next few hours
NY session pushed to a session high of 1.40769 on soft US PPI then got rejected sharply back below 1.4055, RSI(14) cooling into the mid-40s. Price now consolidating between 1.40454 and 1.40680, sitting just under the EMA20.
Support: 1.40454, 1.4039
Resistance: 1.4068, 1.40769
What it said to watch
M15 close below 1.40454 confirms a lower-low toward the 1.4039 monthly low
Reclaim of 1.40680 negates the rejection read
US Retail Sales Thu 12:30 UTC is the next high-impact test of the soft-data narrative
15:02 UTC
Range, drifting off highs · RSI 44 · price 1.40509
Boxed 1.4040-1.4077, rejected at range top.
NY session capped USDCAD at 1.40769 and it sold back into the 1.4040-1.4077 range, now hovering at 1.40509 with RSI(14) mid-40s after the soft US PPI and in-line BoC hold. Buyers defended 1.4050 twice; range still intact with no directional break.
Support: 1.4050, 1.4039
Resistance: 1.4068, 1.40769
What it said to watch
M15 close below 1.4050 opens a retest of the 1.4039 swing low
Reclaim of 1.4068 pivot needed to re-engage the 1.4077 session high
US Retail Sales tomorrow 12:30 UTC could break this range
Ranging near session lows after rejection off 1.4077.
USDCAD was rejected at the 1.4077 session high and faded back to 1.4051 through the NY session, with soft US PPI and an in-line BoC hold keeping the USD offered. Price now sits at the base of the recent range, RSI(14) around 43 and price under both EMAs; no clean directional structure in play.
Support: 1.4050, 1.4043, 1.4039
Resistance: 1.4068, 1.4077
What it said to watch
M15 close below 1.40390 confirms a lower low and extends the downtrend
Reclaim of 1.40680 would put the 1.4077 session high back in focus
US Retail Sales Thu 12:30 UTC could materially shift this read
USDCAD sits at 4-week lows near 1.4054 as soft US PPI and firm oil weighed on the dollar, with the BoC hold already priced. NY hours rejected the 1.40769 session high and price is retracing toward the 1.40524 support, RSI(14) mid-range with no momentum extreme.
Support: 1.40524, 1.4039
Resistance: 1.4067, 1.40769
What it said to watch
M15 close below 1.40524 opens the path to 1.40390
Reclaim of 1.40670 negates the pullback read
Warsh testimony / BoC presser aftermath could shift this read
USDCAD spiked to a session high of 1.4077 around the BoC presser then was sharply rejected back to 1.4052, with the pair sitting at 4-week lows on soft US PPI and firm oil. Price is now consolidating in the 1.4052-1.4067 band under EMA20, RSI(14) neutral near 46.
Support: 1.40524, 1.4039
Resistance: 1.40739, 1.40769
What it said to watch
Loss of 1.40524 session low reopens the 1.4039 prior low
Reclaim of 1.40739 prior high needed to negate the rejection
US Retail Sales Thu 12:30 UTC could shift this read
Spike to 1.40769 was rejected and price bled back to the mid-range around 1.40574, now under the EMA20. USD/CAD is chopping between 1.4050 and 1.4077 with the BoC presser (14:30 UTC) landing live — the immediate driver of the read.
Support: 1.4050, 1.4039
Resistance: 1.4068, 1.4077
What it said to watch
M15 close above 1.40770 reopens the topside push
Failure to hold 1.40500 confirms a lower-low toward 1.40390
BoC presser tone (14:30 UTC) can materially shift this range read
14:31 UTC
Sideways, no clear direction · RSI 48 · price 1.40574
Range between 1.4040 and 1.4077.
USDCAD is chopping in a 1.4040-1.4077 range near 4-week lows as soft US CPI/PPI weighs on the dollar and firm oil underpins CAD. The push to 1.4077 was rejected and price slid back to mid-range; RSI(14) neutral around 47, no intraday setup in play.
Support: 1.40524, 1.4039
Resistance: 1.40769, 1.40709
What it said to watch
BoC presser (14:30 UTC) and Warsh testimony are live — either can break this range
M15 close above 1.4077 session high opens the topside
Choppy range, sharp rejection at session high then recovery.
USDCAD spiked to a session high of 1.40769 before a sharp rejection dumped price to 1.40501, unwinding the move on the BoC-priced hold and a soft US PPI print keeping the greenback heavy. Buyers reclaimed the mid-range and price now sits near 1.40617 around the EMA20, roughly a 43% retrace of the drop.
Support: 1.40501, 1.4039
Resistance: 1.40769, 1.40739
What it said to watch
BoC press conference at 14:30 GMT could materially shift this read
M15 close back above 1.40769 reopens the session high
NY session pushed to a session high at 1.40769 before a sharp rejection dumped price to 1.40524; it has since recovered to 1.40617, holding the 38.2% retrace of the intraday rally. Loonie stays firm near its four-week low after the priced-in BoC hold.
Support: 1.40524, 1.4040
Resistance: 1.40769
What it said to watch
BoC presser at 14:30 GMT and Warsh testimony could materially shift this read
M15 close below 1.40524 session low opens the 1.4040 four-week low
Reclaim of 1.40769 session high needed to resume the intraday upside
14:02 UTC
Recovering after intraday dip · RSI 54 · price 1.40636
Range with higher lows off 1.40524.
NY session sees USD/CAD grinding back toward the 1.40769 session high after a sharp dip to 1.40524; USD stays soft on the CPI/PPI misses while BoC held at 2.25% in line. RSI(14) mid-range near 54, buyers stepping in on the higher-low chain off 1.40500.
Support: 1.40524, 1.4039, 1.4000
Resistance: 1.40769, 1.40709
What it said to watch
Warsh testimony 14:00 UTC is the primary near-term driver and can shift this read fast
M15 close above 1.40769 reopens the session-high break
Loss of 1.40524 negates the higher-low sequence toward 1.40390
1.40 pivot remains the key downside marker per BoC/oil narrative
14:02 UTC
Sideways, recovering off lows · RSI 51 · price 1.40636
Range after rejection at session high.
Price pushed to a session high of 1.40769 then got knocked sharply back to 1.40524 as the BoC held at 2.25% in line; since then it has clawed back to 1.40636. Consolidating between 1.40500 support and the 1.40769 high, RSI(14) neutral around 51.
Support: 1.4050, 1.4039
Resistance: 1.40769, 1.4074
What it said to watch
BoC press conference at 14:30 GMT — tone is the sole near-term catalyst and could break this range
M15 close above 1.40769 negates the rejection and reopens the session high
Loss of 1.40500 exposes the 1.40390 range low
13:47 UTC
Recovering after sharp drop, now ranging · RSI 48 · price 1.40587
Consolidation below session high.
USDCAD was rejected at 1.40769 during NY hours and dumped to 1.40527 on the 12:30 UTC US PPI miss and BoC hold, pressuring the pair toward its four-week low. Price has since stabilised, ranging 1.40501–1.40620 around the 50% retracement of the intraday up-leg, RSI(14) neutral near 47.
Support: 1.40501, 1.4039, 1.4000
Resistance: 1.40684, 1.40769
What it said to watch
Warsh testimony 14:00 UTC could materially shift this read
Close above 1.40684 negates the rejection
Loss of 1.40501 opens the path to the 1.40390 session low
13:46 UTC
Range, no clear intraday direction · RSI 49 · price 1.40587
Choppy range, mid-band after flush.
USDCAD spiked to a session high 1.40769 then flushed ~160 pips to 1.40527 into the London-NY transition, and is now consolidating near 1.4059 — RSI(14) neutral around 49. Price sits mid-range between 1.40500 support and the 1.40769 rejection high after BoC's in-line hold and this week's soft US CPI/PPI kept the loonie firm.
Support: 1.4050, 1.4039
Resistance: 1.40769, 1.40739
What it said to watch
Warsh testimony (14:00 UTC) and BoC presser (14:30 UTC) are imminent — either could materially shift this read
M15 close below 1.40500 exposes the 1.40390 range low
Close above 1.40769 invalidates the range and reopens upside
13:32 UTC
Range, sitting near lows · RSI 47 · price 1.40627
Rangebound 1.4050-1.4077, rejected at top.
USDCAD chopped in a 1.4050-1.4077 band through the London-NY session and sits at 1.40627 after a sharp rejection from 1.4077 into the NY hours. RSI(14) is neutral near 47; the BoC decision at 13:45 UTC and Warsh testimony at 14:00 UTC both land inside the next bar and dominate the read.
Support: 1.4050, 1.4039
Resistance: 1.4074, 1.4077
What it said to watch
BoC decision 13:45 UTC / Warsh 14:00 UTC likely to break this range within the next bar
Close below 1.40500 confirms a lower-low toward 1.4039
USDCAD spiked to a session high 1.40769 then was rejected hard back to 1.40520 before recovering to 1.40627, now mid-range and holding above EMA20/50. Price sits near a four-week low zone with BoC in focus.
Support: 1.4052, 1.40398, 1.4000
Resistance: 1.4074, 1.40769
What it said to watch
BoC rate decision + MPR at 13:45 UTC (~15m) is imminent and can break this range
Close above 1.40769 negates the rejection and reopens the upside
Loss of 1.40520 confirms a lower-low toward 1.40398 session low
Rejection off session high, consolidating pre-BoC.
USDCAD pushed to a session high of 1.4077 through London before a sharp rejection dumped it back to 1.4052, unwinding the move into the BoC decision. Pair now coils around 1.4056, sub-EMA20, with soft US CPI/PPI keeping the greenback heavy but oil-firm CAD stalling at the four-week 1.4040 base.
Support: 1.40501, 1.4039
Resistance: 1.40769, 1.40709
What it said to watch
BoC decision + MPR at 13:45 UTC will drive the next leg — read is provisional
M15 close back above 1.40769 negates the rejection read
USDCAD spiked to a session high at 1.40740 then dropped sharply ~24 pips into the BoC decision, RSI(14) rolling to the mid-40s. Now consolidating near 1.40555 below EMA20, holding just above the session low.
Support: 1.4050, 1.4046, 1.4039
Resistance: 1.4074, 1.4068
What it said to watch
BoC rate decision + MPR at 13:45 UTC (hold priced) can materially shift this read
Loss of the 1.40500 session low confirms a lower-low toward 1.40460
Reclaim of 1.40680 prior high reopens the session high at 1.40740
13:03 UTC
Range with recent downtick · RSI 43 · price 1.40538
Rejection at session high, pullback into range.
NY session pushed to a session high at 1.40769 then rejected sharply, dropping 16 pips into the 61.8% retrace of the prior up-leg near 1.40535, where price is now stalling. RSI(14) cooled to the low 40s; move sits ahead of the 13:45 UTC BoC decision.
Support: 1.4052, 1.4043
Resistance: 1.4068, 1.40769
What it said to watch
BoC rate decision + MPR at 13:45 UTC and Warsh testimony 14:00 UTC could materially shift this read
M15 close below 1.40520 opens the path toward 1.40430
Reclaim of 1.40680 negates the rejection off session high
13:02 UTC
Range, capped after rejection · RSI 44 · price 1.40538
Session-high rejection back into range.
Push to the session high at 1.40769 was rejected sharply, a 16-pip drop into 1.40527 on the 12:30 UTC bar, and price is now stalling near the 61.8% retrace at 1.4053. Backdrop is broad USD softness after cool CPI/PPI, with USDCAD hovering just above the four-week low.
Support: 1.4050, 1.4039
Resistance: 1.40684, 1.40769
What it said to watch
BoC decision + MPR at 13:45 UTC and Warsh testimony 14:00 UTC could materially shift this read
Close below 1.4050 opens the path to the 1.40390 swing low
NY session pushed to a session high of 1.40769 through the prior-day high before a sharp rejection dumped price back to 1.40527 on the 12:30 UTC PPI batch. Price now sits at the ~62% fib of the intraday advance, RSI(14) cooling to the mid-40s. BoC rate decision at 13:45 UTC is the immediate catalyst.
Support: 1.4052, 1.4039
Resistance: 1.40769, 1.4068
What it said to watch
BoC decision 13:45 UTC (~1h) could materially shift this read
Close below 1.40520 confirms a lower-low toward the 1.40390 day low
NY session rejected the session high at 1.40769 near 14:00 broker time and dropped ~24 pips, now sitting on the 61.8% fib of the intraday advance around 1.40530. USDCAD is pinned near four-week lows into the BoC decision (13:45 UTC), with soft US CPI and firm oil keeping the pair heavy.
Support: 1.4043, 1.4039
Resistance: 1.4068, 1.40769
What it said to watch
BoC rate decision + MPR 13:45 UTC (~1h out) could materially shift this read
M15 close below 1.40430 confirms a lower low toward the swing low
Reclaim of 1.40680 negates the rejection off the session high
NY session pushed USDCAD to a session high at 1.40769 before sellers rejected the level, pulling back to 1.40649. The intraday uptrend off the 1.40390 low holds with higher lows intact, RSI(14) cooling near 58 as the CAD stays firm on oil.
Support: 1.4059, 1.40535, 1.4039
Resistance: 1.40769, 1.40714
What it said to watch
BoC rate decision at 13:45 UTC could materially shift this read
M15 close below 1.40590 breaks the near-term higher-low chain
Reclaim of 1.40769 needed to extend the intraday advance
12:31 UTC
Intraday uptrend off London low · RSI 57 · price 1.40649
Higher lows, session high rejected.
USDCAD recovered off the 1.4039 session low, printing higher lows through the NY open before the 1.40769 session high was rejected; price now sits mid-range at 1.40649 with RSI(14) neutral near 57. Move is CAD-soft into event risk after a two-day dollar slide on the CPI miss.
Support: 1.4058, 1.40435, 1.4039
Resistance: 1.40769, 1.40709
What it said to watch
BoC decision + MPR ~13:45 UTC (75m out) is the dominant catalyst for this read
M15 close above 1.40769 extends the intraday uptrend toward the prior day's range
Loss of 1.40580 pivot reopens the 1.40435 swing low
12:16 UTC
Uptrend, momentum firm · RSI 68 · price 1.40735
Higher lows off 1.4039, pressing session high.
USDCAD ground higher through the NY session, printing higher lows off the 1.4039 four-week low and breaking to a session high near 1.4077, RSI(14) around 68. The move fits the CAD-supportive backdrop unwinding slightly into the BoC decision; last bar stalls at 1.4074.
Support: 1.4063, 1.4039
Resistance: 1.4077, 1.4088
What it said to watch
BoC decision 13:45 UTC (~1.5h out) is the dominant near-term catalyst
Close above 1.4077 session high opens the path toward 1.4088 prior high
Failure to hold 1.4063 hl pivot breaks the rising higher-low sequence
USDCAD ground higher through the London-NY transition off the 1.40390 session low, breaking above 1.40700 and now testing the 1.40769 session high, RSI(14) near 68. The bid tracks broad USD long-unwind post-CPI colliding with oil-supported CAD strength; the current move is stalling right at the highs.
Support: 1.4065, 1.4056, 1.4039
Resistance: 1.40769, 1.40892
What it said to watch
BoC decision + MPR at 13:45 UTC could materially shift this read
M15 close above 1.40769 opens the path toward the 1.40892 prior high
USDCAD has clawed back from the 1.4039 session low toward the 1.4071 session high through the London hours, RSI(14) around 64 and holding above both EMAs. Recovery is orderly but faces the 1.4071 cap just as US PPI (12:30 UTC) and the BoC decision (13:45 UTC) loom.
Support: 1.4054, 1.4039
Resistance: 1.4071, 1.4094
What it said to watch
US PPI at 12:30 UTC could materially shift this read within the hour
BoC decision 13:45 UTC is the dominant near-term driver for this pair
M15 close above 1.40710 extends the recovery toward 1.40940
Failure to hold 1.40540 reopens the 1.40390 session low
USDCAD is grinding higher off the 1.4039 four-week low, holding above the 1.40575 swing low and reclaiming ground into the NY session with RSI(14) near 62. The recovery has capped so far at the 1.40714 session high; BoC decision and US PPI both land within the hour.
Support: 1.40575, 1.4039
Resistance: 1.40714, 1.4076
What it said to watch
M15 close above 1.40714 opens 1.4076 prior high
Loss of 1.40575 swing low, then 1.4039, resumes the downside
US PPI 12:30 UTC and BoC decision 13:45 UTC could reset this read
11:47 UTC
Recovering, higher lows into NY · RSI 64 · price 1.40711
Higher-low chain off session low.
USDCAD recovered off the 1.4039 session low, printing higher lows through the London-NY transition with price now at 1.4071 and RSI(14) in the mid-60s. The grind higher is stalling into the 1.4074 prior swing. US PPI at 12:30 UTC and the BoC decision at 13:45 UTC sit directly ahead and can override this intraday structure.
Support: 1.4065, 1.4056, 1.4039
Resistance: 1.4074, 1.4089
What it said to watch
Close above 1.4074 opens the path to 1.4089
Loss of 1.4056 negates the higher-low chain
US PPI 12:30 UTC and BoC 13:45 UTC could reshape this read
USDCAD has clawed back from the 1.40395 session low in a steady chain of higher lows, now testing 1.4071 with RSI(14) around 66 — hot but not extreme. Softer US CPI is keeping the dollar heavy, but the recovery is stalling into the 1.4076 prior high. PPI (12:30 UTC) and the BoC decision (13:45 UTC) sit directly ahead.
Support: 1.4064, 1.40395
Resistance: 1.4076, 1.4090
What it said to watch
US PPI batch at 12:30 UTC (~45m out) could break this intraday read
BoC statement 13:45 UTC is the swing factor for CAD
Close above 1.4076 prior high extends the recovery toward 1.4090
Loss of 1.4064 recent low breaks the higher-low chain
11:31 UTC
Recovering off session low · RSI 64 · price 1.4068
Higher lows since 1.4040 base.
USDCAD carved a double bottom near the 1.4040 four-week low and ground back up through London-NY hours, now retesting the 1.4073 swing high with RSI(14) around 63. Grind is CAD-supported on soft US CPI and firm oil; no clean break yet.
Support: 1.4055, 1.4040
Resistance: 1.4073, 1.4090
What it said to watch
M15 close above 1.4073 opens room toward 1.4090
Loss of 1.4055 puts the 1.4040 base back in play
US PPI 12:30 UTC and BoC statement 13:45 UTC can override this intraday read
USDCAD is grinding back off the 1.4040 four-week low, printing higher lows into 1.4070 with RSI mid-band. Move is USD-driven after soft US CPI kept the dollar heavy; price is now testing the top of the recent intraday range.
Support: 1.4053, 1.4040
Resistance: 1.4070, 1.4113
What it said to watch
US PPI 12:30 UTC and BoC decision 13:45 UTC could materially shift this read
M15 close above 1.4070 opens the path back toward 1.4113
Loss of 1.4040 confirms a fresh multi-week low
11:17 UTC
Recovery off lows, momentum building · RSI 61 · price 1.4067
Higher lows off a double bottom.
USDCAD carved a double bottom at the 1.4039 four-week low and has ground higher through the London session, now pressing the 1.4070 session high with RSI near 61. Price holds above EMA20/50 on the recovery, but the move sits inside a broader intraday downswing off 1.4115.
Support: 1.4044, 1.4039
Resistance: 1.4070, 1.4115
What it said to watch
BoC decision 13:45 UTC and US PPI 12:30 UTC could materially shift this read
Close above 1.4070 opens the path back toward 1.4115
USDCAD is grinding higher off the 1.4040 four-week low set overnight, printing a clean chain of higher lows into the London session with RSI(14) around 64. Price is pressing the 1.4070 session high; move sits on soft US CPI USD weakness plus firm oil, and stalls just under range top.
Support: 1.4055, 1.4040
Resistance: 1.4070, 1.4114
What it said to watch
US PPI at 12:30 UTC could break the 1.4040-1.4070 range read
BoC decision 13:45 UTC — a swing factor for the next leg
Close above 1.4070 opens path back toward 1.4114
Loss of 1.4040 confirms a fresh lower low
11:02 UTC
Recovering off session low, momentum up · RSI 61 · price 1.4065
Range with rounded-bottom recovery.
USDCAD ground down to a session low at 1.4039 then rounded higher through the London-NY session, now testing the 1.4070 recent high with RSI(14) near 61. Backdrop is a soft dollar post-CPI and a firm CAD, but the tape has been choppy inside a 1.4039–1.4074 range.
Support: 1.4049, 1.4039
Resistance: 1.4070, 1.40741
What it said to watch
US PPI at 12:30 UTC and BoC decision at 13:45 UTC could materially shift this read within the next bars
M15 close above 1.4074 breaks the session-high ceiling and resumes the recovery
Failure to hold 1.4049 reopens the 1.4039 session low
11:02 UTC
Recovery off session low, grinding up · RSI 64 · price 1.4065
Higher lows since 1.4039, testing recent high.
USDCAD has clawed back from the 1.4039 session low through the London-NY transition, now pressing the 1.4070 recent high with RSI in the mid-60s. The prior slide was Fed-repricing/oil driven; price is stair-stepping higher on ascending lows but still capped below 1.4070.
Support: 1.4055, 1.4039
Resistance: 1.4070, 1.4096
What it said to watch
Break and hold above 1.4070 opens the path to 1.4096
Failure to hold 1.4055 reopens the 1.4039 session low
US PPI at 12:30 UTC and BoC decision at 13:45 UTC could materially shift this read within the next few bars
USDCAD sold off to a four-week low near 1.4039 on the soft US CPI print, then based and ground back to 1.4065 through the London session on a chain of higher lows. Range 1.4040–1.4070 still contains price ahead of the BoC decision.
Support: 1.4039, 1.4053
Resistance: 1.4070, 1.4114
What it said to watch
M15 close above 1.4070 opens the path toward 1.4114
Failure to hold 1.4040 reopens fresh multi-week lows
BoC decision 13:45 UTC + presser 14:30 UTC and US PPI 12:30 UTC could break the range
10:46 UTC
Recovering off session low, momentum up · RSI 64 · price 1.40651
Double bottom near 1.4039, higher lows building.
USDCAD slid from 1.4115 early to a 1.4039 session low, then carved a double bottom and ground back to 1.4065 through London hours. RSI(14) near 64, recovery intact while price holds above the higher-low structure; recent high at 1.4073 is the immediate cap to watch.
Support: 1.4043, 1.4039
Resistance: 1.4073, 1.4089
What it said to watch
M15 close above 1.4073 extends the recovery toward 1.4089
loss of 1.4039 confirms a lower low and voids the double bottom
US PPI 12:30 UTC and BoC decision 13:45 UTC could materially shift this read
10:32 UTC
Recovering off session low · RSI 61 · price 1.4067
Higher lows building after downdraft to 1.4039.
USDCAD bottomed near 1.4039 and has ground higher through the Asian-into-London window, now pressing the session high at 1.4067 with RSI(14) around 61. USD stays offered post-soft CPI while the Loonie holds firm at four-week highs, but this is a quiet drift, not an impulse.
Support: 1.4039, 1.4047
Resistance: 1.4070, 1.4114
What it said to watch
US PPI at 12:30 UTC and BoC decision at 13:45 UTC could materially shift this read
M15 close above 1.4070 opens the path back toward 1.4114
Failure to hold 1.4047 puts the 1.4039 session low back in play
10:31 UTC
Recovery off session low · RSI 61 · price 1.4067
Ranging after downdraft, higher lows building.
USDCAD flushed to a session low at 1.4039 mid-window then rounded higher, now grinding back to 1.4067 with RSI(14) near 61. Buyers stepped in twice above 1.4039 and price is holding above 1.4055; the pair sits inside a 1.4039–1.4070 range into the BoC decision.
Support: 1.4055, 1.4039
Resistance: 1.4070, 1.4110
What it said to watch
BoC rate decision 13:45 UTC could materially shift this read
Close above 1.4070 opens the path back toward 1.4110
Loss of 1.4055 re-exposes the 1.4039 session low
10:17 UTC
Downtrend, grinding back up off lows · RSI 61 · price 1.40614
Recovering from session low, capped below prior swing.
USDCAD dumped early London yesterday on the soft US CPI print, bottomed at 1.4039 and has since ground back up in a slow rounded recovery, now testing the recent high at 1.40624 with RSI(14) around 61. Price is holding above EMA20/50 but structure is still contained under the 1.40694 prior swing ahead of US PPI and the BoC decision.
Support: 1.4039, 1.40447
Resistance: 1.40624, 1.40694
What it said to watch
US PPI at 12:30 UTC and BoC decision at 13:45 UTC can materially shift this read
M15 close above 1.40694 extends the recovery; loss of 1.4039 confirms a lower low
USDCAD bottomed near 1.4039 in the London-NY handoff yesterday and has carved a chain of higher lows back to 1.4061 during the current London session, RSI(14) around 60. Recovery stalling just under the 1.4069 swing cap; broader tone stays heavy after soft US CPI knocked the dollar to four-week lows.
Support: 1.4043, 1.4039
Resistance: 1.4069, 1.4076
What it said to watch
Close above 1.4069 opens the path to 1.4076
Close below 1.4043 breaks the rising support line and reopens 1.4039
BoC decision 13:45 UTC and US PPI 12:30 UTC could materially shift this read
Base built at 1.4039/1.4044, grinding into range top.
USDCAD sold off from 1.4115 to 1.4039 on yesterday's soft US CPI print, then based twice near 1.4039/1.4044 and ground back to the 1.4061 range top. RSI(14) mid-range near 58, ATR compressed around 6 pips as price coils below prior swing resistance.
Support: 1.40465, 1.4039
Resistance: 1.4061, 1.40694
What it said to watch
Close above 1.40694 opens the path toward 1.4088
Failure to hold 1.40390 confirms a lower low and range break down
US PPI at 12:30 UTC and BoC decision at 13:45 UTC could materially shift this read
USDCAD flushed from 1.4115 to 1.4039 during the London session on soft US CPI follow-through and firmer oil, then based near its four-week low and is grinding back toward the 1.4073 session high. RSI(14) has recovered into the mid-50s, price sits above the intraday EMAs; structure is a recovery within range ahead of the BoC decision.
Support: 1.4050, 1.4039
Resistance: 1.4073, 1.4068
What it said to watch
BoC decision 13:45 UTC is the catalyst — could reset this read
M15 close above 1.4073 opens room back toward 1.41
Loss of 1.4039 session low confirms a fresh lower-low
09:47 UTC
Downtrend cooling into consolidation · RSI 54 · price 1.40571
Ranging above session low, mild recovery.
USDCAD is grinding sideways near four-week lows after the CPI-driven selloff mid-window; buyers stepped in twice around 1.4039 and price has recovered to 1.4057, capped at the 1.4061 session high. RSI(14) mid-range at 54, no extreme in play.
Support: 1.4039, 1.4047
Resistance: 1.4061, 1.4069
What it said to watch
A close below 1.4039 confirms a fresh lower low and reopens the four-week low zone
A close above the 1.4061 session high opens the path toward the 1.4069 mid-range
US PPI at 12:30 UTC and BoC decision at 13:45 UTC could materially shift this read
09:46 UTC
Downtrend, basing near lows · RSI 55 · price 1.40571
Consolidation above four-week lows after sharp drop.
USDCAD sold off hard early in the window from 1.4115 to 1.4047 on soft US CPI, then flattened into a tight consolidation just off four-week lows. Price is grinding back toward the 1.40607 session high, RSI mid-range, with the range low at 1.40430 holding through the Asia-London hours.
Support: 1.4043, 1.4039
Resistance: 1.40607, 1.4070
What it said to watch
BoC decision + statement at 13:45 UTC is the dominant catalyst — statement tone, not the priced 2.25% hold
US PPI at 12:30 UTC could reprice USD ahead of the BoC
Close below 1.40390 swing low confirms a fresh lower-low
Reclaim of 1.40607 session high opens the path toward the 1.40700 prior high
USD/CAD pinned at four-week lows, grinding a 1.4040–1.4058 range through the London session after the softer US CPI and firm oil dragged it down over the prior 24h. Price has clawed back off the 1.4039 low with RSI(14) near 56, but the session high at 1.4058 is still capping.
Support: 1.4040, 1.4055
Resistance: 1.4058, 1.4068
What it said to watch
US PPI at 12:30 UTC and BoC decision at 13:45 UTC could materially shift this read
M15 close above 1.4058 opens the path to 1.4068
Break below 1.4040 confirms a fresh lower-low
09:32 UTC
Downtrend, now flat near lows · RSI 52 · price 1.4057
Consolidation above four-week low.
USDCAD dropped from 1.4115 early and has since ground sideways just above the 1.4040 four-week low, now coiling in a tight 1.4050-1.4058 band during London hours. Momentum is flat, RSI(14) mid-range; the pair is idling ahead of US PPI (12:30 UTC) and the BoC decision (13:45 UTC).
Support: 1.4050, 1.4040
Resistance: 1.4058, 1.4073
What it said to watch
M15 close below 1.4040 confirms a fresh lower low
US PPI at 12:30 UTC and BoC decision at 13:45 UTC can break the range in either direction
Reclaim of 1.4073 negates the near-term downside pressure
09:16 UTC
Downtrend, basing near lows · RSI 49 · price 1.40532
Consolidation above session low after London selloff.
USD/CAD flushed lower through London to a session low of 1.4039, pressured by soft US CPI and firm oil, then steadied into a 1.4040-1.4059 range. Price now sits mid-range at 1.4053 with RSI(14) flat near 49; no directional break in play ahead of PPI and the BoC.
Support: 1.4039, 1.4044
Resistance: 1.4059, 1.4069
What it said to watch
US PPI at 12:30 UTC and BoC decision at 13:45 UTC could materially shift this read
A close below 1.4039 session low confirms a fresh lower low
A close above 1.4059 session high opens the path back toward the 1.4069 prior high
09:16 UTC
Downtrend stalling, now flat · RSI 48 · price 1.40532
Consolidation near session lows.
USDCAD sold off through London to a session low at 1.40390 as soft US CPI kept the USD offered and firm oil backed the Loonie, then stalled into a 1.4039-1.4059 range. RSI(14) sits mid-band near 47 with price pinned below EMA20/50; no directional resolution ahead of the risk events.
Support: 1.4039, 1.40045
Resistance: 1.40586
What it said to watch
US PPI at 12:30 UTC and BoC decision at 13:45 UTC could materially shift this read
M15 close below 1.40390 extends the lower-low sequence toward the 4-week low
Reclaim of 1.40586 signals the consolidation breaking higher
USDCAD sold off sharply from 1.4115 on the soft US CPI print and has since ground into a tight 1.4039-1.4058 range through the London session. RSI(14) is neutral near 53 and price is chopping around EMA20 with no directional resolution ahead of PPI and the BoC.
Support: 1.40435, 1.4039
Resistance: 1.40586, 1.4068
What it said to watch
US PPI at 12:30 UTC and BoC decision 13:45 UTC could materially shift this read
Based near session low after CPI drop, grinding back up.
Pair broke down hard from 1.41154 on yesterday's soft US CPI print, then based near the 1.40390 session low and has ground back to 1.40533. Price is holding above EMA20 but capped under the swing high at 1.40586; RSI(14) neutral near 51.
Support: 1.4039, 1.40435
Resistance: 1.40586, 1.40694
What it said to watch
BoC rate decision at 13:45 UTC could materially shift this read
M15 close above 1.40586 opens the path back toward the 1.40694 prior high
Loss of 1.40390 session low confirms a fresh lower-low
08:47 UTC
Downtrend easing into consolidation · RSI 49 · price 1.40533
Basing after breakdown, inside recent range.
USDCAD sold off sharply during yesterday's NY hours to 1.4039 and has since ground sideways, now consolidating 1.4043–1.4059 in the London morning with RSI(14) neutral near 49. Softer US CPI and firm oil kept the loonie bid, but price is coiling ahead of PPI and the BoC decision.
Support: 1.40435, 1.4039
Resistance: 1.40586, 1.4069
What it said to watch
Close below 1.40435 confirms a lower-low and reopens 1.4039
Break above 1.40586 targets the 1.40690 prior high
BoC decision 13:45 UTC and US PPI 12:30 UTC could materially shift this read
08:31 UTC
Downtrend, momentum flat · RSI 44 · price 1.4050
Coiling above a four-week low, lower highs.
USDCAD is grinding along a four-week low near 1.4040 after the mid-window flush from 1.4115 on soft US CPI and firm oil. The last several hours have coiled between 1.4043 and 1.4058 with RSI(14) in the mid-40s — no directional push ahead of the BoC decision.
Consolidating above four-week low after impulsive drop.
USDCAD sold off from 1.4115 during the Asia-London hours and is now consolidating just above the four-week low at 1.4040, ranging 1.4040-1.4058. RSI(14) neutral near 44; ATR compressed to ~6 pips as price coils into the BoC decision.
Support: 1.4040, 1.4039
Resistance: 1.4058, 1.4074
What it said to watch
BoC rate decision + MPR at 13:45 UTC could materially shift this read
M15 close below 1.4040 confirms a lower low off the four-week base
Close above 1.4058 breaks the consolidation top
08:17 UTC
Downtrend, now ranging near lows · RSI 51 · price 1.40518
Consolidation near four-week low after CPI drop.
USDCAD gapped lower on yesterday's soft US CPI print, dropping from 1.4115 to 1.4056 in one bar, and has since coiled in a 1.4040-1.4073 range near four-week lows. Price is mid-range at 1.4052 with RSI(14) flat around 51; no directional edge intraday.
Support: 1.4039
Resistance: 1.40586, 1.4073
What it said to watch
M15 close below 1.4040 four-week low confirms a lower low
Reclaim of 1.40586 swing high needed to reopen upside toward 1.4073
BoC decision at 13:45 UTC could materially shift this read
08:17 UTC
Downtrend, now consolidating near lows · RSI 47 · price 1.40518
Range-bound after CPI-driven leg down.
USDCAD sold off from 1.411 to sub-1.406 on yesterday's soft US CPI, then ground down to a session low at 1.4039 before basing. Price is now consolidating 1.4039-1.4058 in the London session ahead of the BoC decision, RSI(14) neutral near 47.
Support: 1.4039, 1.4044
Resistance: 1.4058, 1.4070
What it said to watch
BoC rate decision at 13:45 UTC could materially shift this read
Close below 1.4039 confirms a lower low
Close above 1.4058 opens the path back toward 1.4070
08:02 UTC
Downtrend, momentum flat · RSI 45 · price 1.40512
Lower highs into 4-week low, drifting.
USDCAD grinding lower toward the 4-week low near 1.4040, pressured by soft US CPI and firm oil ahead of the BoC. Price sold off from 1.4115 into the London session, then consolidated between 1.4039 and 1.4059 with RSI(14) mid-range; the sharp 1.4058 rejection at 1784098800000 kept the lower-high sequence intact.
Support: 1.4039, 1.4004
Resistance: 1.40586, 1.40694, 1.40729
What it said to watch
Close below 1.40390 session low reopens the 1.4040 four-week low
Reclaim of 1.40586 swing high needed to ease downside pressure
BoC decision 13:45 UTC and US PPI 12:30 UTC could materially shift this read
08:02 UTC
Downtrend, consolidating near lows · RSI 47 · price 1.40512
Lower highs, base holding above 1.4040.
USDCAD sold off through London into a four-week low near 1.4040 on soft US CPI and firm oil, then flattened into a tight 1.4040-1.4058 consolidation. Price sits below EMA20/50 with RSI mid-range; momentum has stalled but the recovery off 1.4039 has held.
Support: 1.4039, 1.4040
Resistance: 1.4058, 1.4070
What it said to watch
BoC decision + MPR at 13:45 UTC could materially shift this read
Break below 1.4040 confirms downtrend continuation to fresh lows
M15 close above 1.4058 session high opens 1.4070 swing
07:46 UTC
Downtrend cooling into consolidation · RSI 49 · price 1.40514
Basing in lower range after four-week-low print.
USDCAD slid to a four-week-low zone near 1.4039 during London hours, then chopped sideways and is now consolidating 1.4043-1.4059 with RSI(14) neutral near 50. Soft US CPI and firm oil kept the pair offered, and a matching low near 1.4043 has formed a shallow double bottom into the BoC decision.
Close above 1.4059 session high needed to break the consolidation
BoC rate decision at 13:45 UTC (~6h) could materially shift this read
07:46 UTC
Downtrend, consolidating near lows · RSI 47 · price 1.40514
Ranging just above four-week low.
USD/CAD drifted to a four-week low near 1.4039 during the Asia-into-London window, USD offered after yesterday's soft US CPI while firmer oil supports CAD. Price is now consolidating in a tight 1.4039–1.4058 band, RSI(14) back near neutral after the earlier flush from 1.4115.
Support: 1.4039, 1.4043
Resistance: 1.40586, 1.4070
What it said to watch
BoC rate decision + MPR at 13:45 UTC is the dominant risk for the next bars
M15 close below 1.4039 confirms a fresh lower low
Reclaim of 1.4070 would break the consolidation top
07:31 UTC
Downtrend, consolidating at lows · RSI 49 · price 1.40548
Range near four-week low after London flush.
USDCAD flushed from 1.4115 to 1.4056 during London on soft US CPI plus firm oil, then chopped sideways between 1.4039 and 1.4058 as price hugs the four-week low. RSI(14) mid-range near 49; no directional setup with BoC and US PPI both ahead.
Support: 1.4039, 1.4055
Resistance: 1.4058, 1.4073, 1.4115
What it said to watch
US PPI at 12:30 UTC and BoC decision at 13:45 UTC could materially shift this read
M15 close below 1.4039 confirms a lower low
Reclaim of 1.4073 negates the consolidation-at-lows read
07:31 UTC
Downtrend, now flatlining · RSI 53 · price 1.40548
Consolidation near session lows.
USDCAD sold off ~0.7% into a four-week low after the soft US CPI print, then chopped sideways between 1.4039 and 1.4058 through the London session. Price is pinned mid-range at 1.4055, RSI neutral around 53 — no directional impulse right now.
Support: 1.4039, 1.4043
Resistance: 1.4058
What it said to watch
M15 close below 1.4039 extends the lower-low sequence
Reclaim of 1.4058 range top negates the consolidation read
US PPI 12:30 UTC and BoC decision 13:45 UTC could materially shift this read
07:17 UTC
Downtrend, momentum flat · RSI 43 · price 1.40457
Consolidating near session lows.
London session, USD/CAD grinding just under the 1.4055 four-week low after the soft US CPI slide, currently tight between 1.4039 and 1.4056 with RSI(14) mid-range. Last bar rejected 1.4058 back toward the lows; no impulse in play ahead of the BoC decision.
Support: 1.4039, 1.4030
Resistance: 1.40558
What it said to watch
M15 close below 1.4039 confirms a lower low
Reclaim of 1.4056 negates the recent drift lower
BoC decision 13:45 UTC could materially shift this read
USD/CAD sits at fresh session lows near 1.4046, the Loonie firm on soft US June CPI and a bid crude backdrop. Price broke the 1.4055-1.4072 consolidation lower, the last NY bar rejecting 1.4058 and closing back at 1.4043; swing high at 1.4056 caps.
Support: 1.4043, 1.4039
Resistance: 1.40558, 1.40726
What it said to watch
Reclaim of 1.40558 swing high would neutralise the break-lower read
Loss of 1.40390 prior low extends the downtrend
BoC decision at 13:45 UTC could materially shift this read
07:03 UTC
Downtrend, basing near lows · RSI 58 · price 1.40545
Consolidation above 4-week low after CPI drop.
USDCAD gapped ~150 pips lower yesterday on the soft US CPI print and has since consolidated just above the 1.4055 four-week low. London morning shows a slow bid off the 1.4039 session low, RSI(14) recovering toward 58, but the pair remains capped below the 1.4068 intraday high.
Support: 1.4045, 1.4039
Resistance: 1.4055, 1.4068
What it said to watch
BoC decision + MPR at 13:45 UTC and PPI at 12:30 UTC could materially shift this read
Loss of 1.4039 session low confirms continuation lower
M15 close above 1.4068 invalidates the near-low consolidation
07:02 UTC
Downtrend, basing near lows · RSI 54 · price 1.40545
Consolidation above the four-week low after CPI-driven drop.
USDCAD carved a session low at 1.4039 then ground back to 1.40545 in London hours, holding just under the four-week low pivot after yesterday's soft US CPI sank the dollar. Price is basing in a tight 1.4039–1.4070 band with RSI(14) mid-range and ATR compressed to ~4 pips.
Support: 1.4039, 1.40435
Resistance: 1.4070, 1.40726
What it said to watch
BoC decision 13:45 UTC and PPI 12:30 UTC could break this consolidation
Close below 1.4039 confirms a fresh lower-low
Reclaim of 1.4070 swing high negates the basing read
06:47 UTC
Downtrend easing into basing · RSI 56 · price 1.40546
Consolidation off 4-week low.
USD/CAD dropped to a 4-week low near 1.4039 after yesterday's soft US CPI print and has since based in a tight 1.4039-1.4056 range with gently rising lows. RSI(14) has recovered to the mid-50s off the lows; session high at 1.40558 caps the current bounce.
Support: 1.4039, 1.40435
Resistance: 1.40558, 1.40726
What it said to watch
Break below 1.40390 confirms a fresh lower low
Close above 1.40558 opens the path back to the 1.40726 shelf
BoC decision 13:45 UTC and US PPI 12:30 UTC could materially shift this read
06:46 UTC
Downtrend, stalled near lows · RSI 57 · price 1.40546
Consolidation above four-week low.
USDCAD sold off hard on the soft US CPI print and has since gone flat, basing between 1.4039 and 1.4056 through the Asian range. Last few bars grind up off 1.4039 with RSI(14) mid-range near 57; the four-week-low pivot at 1.4055 caps for now.
Support: 1.4039, 1.40435
Resistance: 1.40558, 1.4070
What it said to watch
M15 close above 1.40558 opens the path back toward 1.4070
Failure to hold 1.40390 confirms a lower-low and resumes the downtrend
BoC rate decision + MPR at 13:45 UTC could materially reshape this read
USD/CAD sold off through the US session to a four-week low near 1.4039, with the 12:30 UTC bar marking the sharpest leg as the soft June CPI print hit the dollar. Price is now consolidating around 1.4055, RSI(14) recovering into the high-40s, with the 1.4100 round number capping above.
Support: 1.4039, 1.40447
Resistance: 1.40726, 1.4100
What it said to watch
BoC rate decision (13:45 UTC) and US PPI (12:30 UTC) could materially shift this read
Break below 1.40390 4wk low confirms a fresh lower low
Failure to hold above 1.40447 swing low reopens the downside
Close above 1.40726 swing high needed to signal recovery
USD/CAD sold off sharply to a four-week low near 1.4055 on soft US CPI, then based in a tight 1.4039–1.4070 range through Asia. A slow recovery off the 1.4039 session low into early London has RSI(14) near 54; the 1.4070 range cap is still unbroken.
Support: 1.4039, 1.4000
Resistance: 1.4070, 1.4090
What it said to watch
M15 close above 1.4070 range cap opens 1.4090
Loss of 1.4039 session low confirms lower-low continuation
BoC decision 13:45 UTC and US PPI 12:30 UTC could materially shift this read
Basing after leg lower, ranging near session lows.
USDCAD drifted to a four-week low near 1.4039 after soft US CPI and firmer oil pressured the pair, then recovered through the quiet Asia session to retest the 1.40558 range top. Momentum has flattened, RSI back near midline; price is coiling ahead of the BoC decision.
Support: 1.4039, 1.40435
Resistance: 1.40558, 1.4073
What it said to watch
BoC rate decision 13:45 UTC could materially shift this read
Close above 1.40558 range top opens path back toward 1.4073
Break below 1.4039 session low confirms a lower low
USD/CAD sold off through the London session after soft US CPI, printing a four-week low at 1.40390 before basing just above it. Price is now drifting sideways 1.40390–1.40554 with RSI recovering to the mid-50s; no clean intraday trend in play.
Support: 1.4039, 1.4000
Resistance: 1.40554, 1.40726
What it said to watch
Break below 1.40390 confirms a fresh lower-low
Close above 1.40726 breaks the sequence of lower highs
BoC rate decision + MPR at 13:45 UTC could materially shift this read
06:02 UTC
Downtrend, basing after selloff · RSI 56 · price 1.40537
Four-week low holding, higher lows forming.
USD/CAD sold off ~70 pips to a four-week low at 1.4039 after yesterday's soft US CPI print at 12:30 UTC, then based through the Asian session. Slow grind back to 1.4054 with RSI(14) mid-range near 56 and a chain of higher lows above 1.4039; the reaction high near 1.4057 caps the recovery.
Support: 1.4039, 1.40447
Resistance: 1.40566
What it said to watch
BoC decision 13:45 UTC could materially shift this read
US PPI 12:30 UTC — post-CPI follow-through on the soft-USD theme
USDCAD sold off hard through the London session on the soft US CPI print and firmer oil, printing a four-week low near 1.4039 before flattening into a tight range. Price has since crept back to 1.4054 on thinning ATR, buyers stepping in around 1.4039 but supply capping near 1.4062.
Support: 1.4039, 1.40473
Resistance: 1.4062, 1.40726
What it said to watch
BoC decision at 13:45 UTC could materially shift this read
Close below 1.4039 session low resumes the downtrend
Reclaim of 1.4062 swing high opens the path back toward 1.4073
USD/CAD is grinding sideways near four-week lows after softer US CPI and firmer oil dragged the pair to ~1.4039. The Asian session is holding a tight 1.4039–1.4052 band, a shallow ~28% retrace of the prior down leg, with RSI(14) flat in the mid-40s and no momentum.
Support: 1.4039, 1.40435
Resistance: 1.40519, 1.40726
What it said to watch
BoC rate decision at 13:45 UTC could materially shift this read
Close below 1.4039 session low confirms a fresh lower low
Reclaim of 1.40519 swing high needed to challenge the 1.40726 range high
05:46 UTC
Downtrend, stalling · RSI 47 · price 1.40485
Consolidation above session low.
USD/CAD sold off to fresh 4-week lows after the soft US CPI print and firmer oil, then flattened into a tight consolidation just above the 1.4039 session low. RSI(14) sits mid-range near 47 and price is pinned under the consol top at 1.4052 during the Asia-London handover.
Support: 1.4039, 1.40435
Resistance: 1.40519, 1.40694
What it said to watch
BoC rate decision + MPR at 13:45 UTC could materially shift this read
M15 close below 1.4039 extends the downtrend to a lower low
Close back above 1.4052 consol top opens 1.4069 swing high
05:32 UTC
Downtrend, now flat near lows · RSI 54 · price 1.40498
Consolidating above the session low after the CPI-driven drop.
USDCAD sold off through the NY session to 1.4039 after the soft US CPI print weighed on the dollar and firmer oil supported CAD. Price has since gone flat in Asia hours, coiling between 1.4039 and 1.4051 with RSI back near neutral; range top at 1.4051 still capping.
Support: 1.4039, 1.40435
Resistance: 1.40506, 1.4056, 1.40694
What it said to watch
M15 close above 1.4056 negates the drift lower and reopens the 1.4069 area
Loss of 1.4039 confirms continuation to fresh session lows
BoC decision 13:45 UTC and US PPI 12:30 UTC could materially shift this read
Consolidating near session lows after impulsive drop.
USDCAD sold off to four-week lows near 1.4039 on soft US CPI and a firmer oil bid, and has since flattened into a tight 1.4039-1.4051 range through late Asian hours. Price holds below EMA20/50 with RSI(14) mid-40s; no directional setup while the range caps hold.
Support: 1.4039, 1.40435
Resistance: 1.40506
What it said to watch
M15 close above 1.40506 breaks the consolidation range
USDCAD grinding at 4-week lows after soft US CPI and stronger oil, now consolidating in a tight 1.4039–1.4055 band through Asia hours with RSI(14) mid-range. The prior 1.4055 four-week low has flipped to near-term resistance while the 1.4039 session low holds.
Support: 1.4039, 1.4030
Resistance: 1.4055
What it said to watch
BoC decision 13:45 UTC could materially shift this read
Close back above 1.4055 negates the lower-low structure
Break below 1.4039 session low extends the downtrend
05:16 UTC
Downtrend, consolidating near lows · RSI 52 · price 1.40478
Lower highs into a base above the session low.
USDCAD sold off through the London session to a fresh four-week low near 1.40390 on soft US CPI and firmer oil, and is now consolidating in a tight 1.40390–1.40506 band. RSI(14) has recovered off its lows to ~52 as the descending resistance from 1.41154 keeps capping bounces.
Support: 1.4039, 1.40435
Resistance: 1.40506, 1.40694
What it said to watch
Break below 1.40390 session low extends the decline
M15 close above 1.40506 session high breaks the consolidation and challenges descending resistance
BoC rate decision at 13:45 UTC could materially shift this read
05:03 UTC
Downtrend, basing near lows · RSI 54 · price 1.40499
Consolidating above 4-week low.
USD/CAD dropped hard on yesterday's soft US CPI (12:30 GMT candle, 953 vol) and extended to a 4-week low at 1.4039. Price has since based through the Asian session, grinding back to 1.4050 with RSI(14) recovering off the lows; still capped under 1.4056.
Support: 1.4039, 1.40435
Resistance: 1.4056, 1.40718
What it said to watch
Close below 1.4039 confirms a fresh lower low
Reclaim of 1.4056 opens the 1.4072 swing high
BoC decision 13:45 UTC and US PPI 12:30 GMT could materially reset this read
USDCAD drifted to a session low of 1.40390 extending the post-CPI/oil-driven slide, now consolidating 1.40440–1.40500 in thin Asian hours with RSI(14) recovering off lows. Small bars and low volume — no fresh momentum ahead of the BoC decision and US PPI.
Support: 1.4039, 1.40435
Resistance: 1.40565, 1.4070
What it said to watch
Close below 1.40390 confirms a lower low and reopens downside
Reclaim of 1.40565 needed to challenge the 1.40700 prior high
BoC decision 13:45 UTC and US PPI 12:30 UTC can materially shift this read
USDCAD ground to session lows near 1.4039 after soft US CPI drove the pair down ~0.7% earlier in the window, with a fresh leg lower on the high-volume drop into the 1.4055 area. RSI(14) sits mid-40s and ATR is only ~4 pips — tight consolidation just above the session low, supply capping near 1.4050.
Support: 1.4039
Resistance: 1.4050, 1.4055
What it said to watch
M15 close below 1.4039 confirms a fresh lower low
Reclaim of 1.4055 breaks the descending highs
US PPI 12:30 GMT and BoC decision 13:45 GMT could materially shift this read
Lower highs/lows, consolidating just above session low.
USDCAD drifting near the session low at 1.4039 after yesterday's soft US CPI print drove the leg down through 1.4090; price now consolidating in a tight 1.4040-1.4050 band. RSI(14) mid-range, momentum flat as the tape coils into the London open.
Support: 1.4039, 1.40435
Resistance: 1.4055
What it said to watch
M15 close below 1.4039 confirms a lower-low continuation
Reclaim of 1.4055 would break the descending-highs sequence
US PPI (12:30 UTC) and BoC decision (13:45 UTC) could materially shift this read
USD/CAD sits at 4-week lows near 1.4045 after the soft US CPI print and firmer oil drove the decline from 1.4133. Price is now consolidating in a tight 1.4039–1.4050 band through Asia hours, RSI(14) mid-40s and flat with sellers stalling at the recent low.
Support: 1.4039, 1.4000
Resistance: 1.40496, 1.4068
What it said to watch
Reclaim of 1.40496 would break the intraday sequence of lower highs
Failure to hold 1.40390 opens the path toward the 1.4000 psych level
BoC decision (13:45 UTC) and US PPI (12:30 UTC) can materially shift this read
04:31 UTC
Downtrend, momentum flat · RSI 42 · price 1.40454
Lower highs, basing near session low.
USDCAD grinding along four-week lows after soft US CPI and firmer oil pressured the pair through the session; price is coiling between 1.40390 and 1.40496 with RSI(14) mid-range. Sellers capped every push, the last leg down stalled at the 1.40390 session low.
Support: 1.4039, 1.40435
Resistance: 1.40496, 1.40575
What it said to watch
M15 close below 1.40390 confirms a fresh lower low
Reclaim of 1.40575 breaks the chain of lower highs
BoC decision at 13:45 UTC could materially shift this read
USDCAD sold off from 1.4135 after the soft US CPI print around 12:30 UTC and has since ground lower into the Asian session, now pinned near the 1.4039 session low. Thin overnight liquidity has kept ranges tight (ATR ~5 pips) with sellers capping every bounce below the 1.4050 recent high.
Support: 1.4039
Resistance: 1.4050, 1.4073
What it said to watch
M15 close back above 1.4050 recent high would break the lower-high chain
US PPI (12:30 UTC) and BoC decision (13:45 UTC) could materially shift this read
Break of the 1.4039 session low extends the down leg
USDCAD ground lower through the CPI-driven leg down and is now drifting near 1.4047 in the Asia session, RSI mid-40s and ATR compressed to ~5 pips. Price is consolidating just above the 1.4039 session low, capped by a chain of lower highs into 1.4070.
Support: 1.4039, 1.4014
Resistance: 1.4070
What it said to watch
M15 close below 1.4039 confirms a fresh lower low
Reclaim of 1.4070 breaks the lower-highs sequence
BoC decision 13:45 UTC and US PPI 12:30 UTC could materially shift this read
USD/CAD sold off sharply after yesterday's soft US CPI print and is now consolidating near the 4-week low, ranging roughly 1.4039–1.4050 through the Asian session. RSI(14) sits mid-range with the bounce off 1.4039 capped at 1.4050; momentum has gone flat.
Support: 1.4039, 1.40435
Resistance: 1.40496, 1.40573
What it said to watch
M15 close below 1.4039 confirms continuation of the downtrend
Reclaim of 1.40573 breaks the recent consolidation to the upside
US PPI at 12:30 UTC and BoC decision at 13:45 UTC could materially shift this read
USDCAD sits at 1.4045, pinned to session lows after soft US June CPI drove the pair to 4-week lows. Asian hours have been a slow grind lower under a descending series of highs; price consolidating just above 1.4039 with RSI(14) mid-range, no momentum extreme.
Support: 1.4039, 1.4000
Resistance: 1.40556
What it said to watch
A close below 1.4039 confirms continuation toward the 1.4000 round number
Reclaiming 1.40556 breaks the descending highs and neutralises the down-grind
US PPI (12:30 UTC) and BoC decision (13:45 UTC) later today can materially shift this read
USDCAD trended lower through the window, sliding from 1.4131 to a session low of 1.4039 after soft US CPI weighed on the dollar and firm oil supported CAD. Asia hours have quietened into a tight base around 1.4045-1.4050, with a modest bounce off 1.4039 lifting RSI back near neutral.
Support: 1.4039, 1.4000
Resistance: 1.4056, 1.4073
What it said to watch
M15 close below 1.4039 confirms a fresh lower low
Reclaim of 1.4056 swing high needed to break the descending sequence
BoC rate decision at 13:45 UTC could materially shift this read
USDCAD ground to a fresh session low at 1.4039 before a shallow bounce to 1.40487, extending the slide that followed soft US CPI and a firmer Loonie on rising oil. Price holds below EMA20/50 with RSI(14) in the low 40s; the Asian session is stalling in a tight 1.4039–1.4055 band after the earlier drop.
Support: 1.4039, 1.4034
Resistance: 1.4055
What it said to watch
US PPI at 12:30 UTC and BoC decision at 13:45 UTC could materially shift this read
Close below 1.40390 confirms continuation of the lower-low sequence
Reclaim of 1.40550 would neutralise the intraday downtrend
USD/CAD extended its post-CPI slide, breaking the ~1.4055 four-week low and drifting to 1.4039 in thin Asian trade with RSI(14) mid-30s and price under EMA20/50. A shallow bounce to 1.4048 is stalling below the broken level, which now caps as resistance.
Support: 1.4039, 1.40435
Resistance: 1.40556
What it said to watch
Reclaim of 1.40556 four-wk low would neutralise the downside break
Loss of 1.40390 session low confirms continuation lower
BoC decision 13:45 UTC could materially shift this read
USDCAD extended lower through Asia, printing a fresh session low at 1.4039 before a shallow bounce to 1.4048; price holds below EMA20/50 with RSI(14) mid-40s, no divergence. The leg lower follows soft US CPI and firmer oil keeping the Loonie bid, and lower highs cap each recovery attempt.
Support: 1.4039, 1.4035
Resistance: 1.4049, 1.4055
What it said to watch
Close below 1.4035 confirms continuation toward the 4wk low
Reclaim of 1.4055 prior swing neutralises the lower-high sequence
BoC decision 13:45 UTC and US PPI 12:30 UTC could materially shift this read
USDCAD ground lower through the NY session into Asia hours, printing a fresh session low at 1.4039 as soft US CPI and firmer oil kept CAD bid. Price is basing just above that low with RSI(14) near 42 and both EMAs overhead; the 1.40535 swing high caps the immediate bounce.
Support: 1.4039, 1.4000
Resistance: 1.40535, 1.40694
What it said to watch
BoC rate decision 13:45 UTC and US PPI 12:30 UTC could materially shift this read
Failure to hold 1.4039 confirms a lower low
M15 close above the 1.40694 swing high would break the lower-high sequence
Lower highs and lower lows, basing near session low.
USDCAD extended its slide to fresh 4-week lows after the soft US CPI-driven leg down yesterday, printing a chain of lower highs into the Asia session. Price is now grinding in a tight 1.4039-1.4055 band below both EMAs, RSI(14) mid-40s with the selling pace cooling.
Support: 1.4039, 1.4044
Resistance: 1.4055, 1.4069
What it said to watch
M15 close above 1.4055 breaks the micro-consolidation and challenges 1.4069
Break below 1.4039 confirms the next lower-low
BoC decision 13:45 UTC and US PPI 12:30 UTC can materially shift this read
USDCAD extended its slide to fresh session lows near 1.40390 in quiet Asia hours, following the NY selloff sparked by soft US June CPI and firmer oil. Price sits below EMA20/50 with RSI(14) around 33; chain of lower highs from 1.40740 intact, ATR compressed to ~4.5 pips.
Support: 1.4039, 1.4000
Resistance: 1.40485, 1.4074
What it said to watch
Reclaim above 1.40485 swing high would stall the lower-high sequence
Loss of 1.40390 session low opens the path toward 1.40000
BoC decision + MPR at 13:45 UTC could materially shift this read
USDCAD has ground lower through the session to fresh lows near 1.4040, extending CAD strength off soft US CPI and firmer oil. Price sits below EMA20/50 with RSI(14) around 37; the 1.4070 pivot capped the last bounce before the drift into the 1.4039 low.
Support: 1.4039, 1.4000
Resistance: 1.4070
What it said to watch
Sustained break below 1.4039 confirms a fresh lower low
Reclaim of 1.4070 would break the descending sequence
BoC decision 13:45 UTC and US PPI 12:30 UTC could materially shift this read
Quiet Asia session grinding to a fresh session low at 1.40390 after yesterday's soft US CPI drove the sharp leg lower toward the June-17 area. Sequence of lower highs holds intact, RSI(14) subdued near 38 but not oversold.
Support: 1.4039, 1.4000
Resistance: 1.40485, 1.4056
What it said to watch
M15 close below 1.40390 opens the path toward the 1.4000 round number
Reclaim of 1.40485/1.40560 would break the intraday lower-high sequence
BoC rate decision + MPR today 13:45 UTC and US PPI 12:30 UTC could materially shift this read
02:46 UTC
Downtrend, grinding to new lows · RSI 35 · price 1.40401
Lower highs and lower lows.
USDCAD extended its post-CPI slide into the Asia session, printing a fresh session low near 1.40390 with no meaningful bounce. Price sits below EMA20 and EMA50; RSI(14) around 34 is soft but not yet extreme, and 1.40550 (prior support) now caps rallies.
Support: 1.4039, 1.4000
Resistance: 1.4055
What it said to watch
Reclaim of 1.40550 broken support would neutralise the lower-low read
Loss of 1.40390 session low opens the path toward the 1.40000 round number
BoC rate decision + MPR at 13:45 GMT could materially shift this read
USDCAD stair-stepped lower through Asia after the soft US CPI-driven leg down, printing a four-week low near 1.40435. Price is now compressing in a tight 1.40435–1.40550 band, RSI(14) mid-30s, with the descending highs still capping.
Support: 1.40435, 1.4040
Resistance: 1.4055
What it said to watch
Close above 1.40550 breaks the descending-highs sequence
Loss of 1.40435 confirms a fresh lower low toward 1.40400
BoC decision + US PPI later today could reshape this read
02:31 UTC
Downtrend, extending to new lows · RSI 38 · price 1.40452
Lower highs and lower lows, grinding into session low.
USDCAD stayed heavy through the window, soft US CPI keeping the dollar on the defensive and WTI strength supporting CAD; price broke the 1.40556 shelf and is pressing fresh session lows near 1.40435. RSI(14) subdued around 37 but not extreme, and ATR has compressed to ~5 pips as the late move slows.
Support: 1.40435
Resistance: 1.40556
What it said to watch
reclaim of 1.40556 would question the lower-low sequence
BoC decision 13:45 UTC and US PPI 12:30 UTC could materially shift this read
USDCAD sold off hard through the 12:30 GMT US CPI print, the soft dollar theme dragging price from 1.4135 to a four-week low near 1.4046. Into Asia it's coiling just above the 1.40435 session low with RSI(14) mid-30s; the descending highs keep the pressure lower.
Support: 1.40435, 1.4040
Resistance: 1.40556, 1.4074
What it said to watch
Loss of 1.40435 confirms continuation of the lower-low sequence
Reclaim of 1.40556 would break the lower-high chain
BoC decision 13:45 UTC and US PPI 12:30 GMT could reset this read
USDCAD drifting lower through the Asia session, printing lower highs and lower lows after the post-CPI slide toward the June-17 low; price pinned near 1.40435 with RSI(14) soft but not extreme. No fresh setup — a quiet, one-directional grind on thin volume.
Support: 1.40435, 1.4041
Resistance: 1.4055
What it said to watch
Reclaim of 1.40550 swing pivot would break the lower-high chain
Loss of 1.40435 session low extends the downtrend
BoC decision and US PPI later today could materially shift this read
02:02 UTC
Downtrend, extended into thin Asia trade · RSI 37 · price 1.40458
Lower highs, fresh session low.
USD/CAD ground lower through the session after the soft US CPI print, breaking below the 1.4055 consolidation and printing a fresh session low near 1.4044 in thin, early-Asia liquidity. RSI(14) sits sub-40 with no reversal signal; price holds below EMA20 and EMA50.
Support: 1.40435, 1.4000
Resistance: 1.4054
What it said to watch
A hold below 1.4044 session low keeps the lower-low sequence intact
Reclaim of 1.4054 broken support would neutralise the breakdown
BoC rate decision (13:45 UTC) and US PPI (12:30 UTC) can materially reshape this read
USDCAD ground lower through the Asia session after the sharp US CPI-driven drop, printing a fresh session low at 1.40435. Lower highs stayed intact and RSI sits in the low-40s with no reversal signal yet.
Support: 1.40435, 1.4000
Resistance: 1.4060
What it said to watch
M15 close back above 1.40600 breaks the lower-high chain
BoC rate decision (13:45 UTC) and US PPI (12:30 UTC) could materially shift this read
Lower highs and lower lows, grinding at session lows.
USDCAD extended lower through the Asian session after the soft US CPI print drove the CPI-hour selloff around 12:30 GMT, breaking the ~1.4055 four-week low and printing fresh lows at 1.40435. Volume is thin and ATR compressed to ~4.5 pips; price is grinding just above the session low with descending highs capping every bounce.
Support: 1.40435, 1.40473
Resistance: 1.40534
What it said to watch
BoC rate decision + MPR at 13:45 GMT and US PPI at 12:30 GMT could materially shift this read
Reclaim of 1.40534 would break the chain of lower highs
Failure to hold 1.40435 confirms continuation to new session lows
USDCAD grinding to new session lows near 1.4047, extending the CAD outperformance driven by soft US CPI and firmer oil. Price broke and held below the 1.4055 pivot; RSI(14) sub-40 but not yet stretched, with supply capping bounces at the descending highs into 1.4073.
Support: 1.40435, 1.40514
Resistance: 1.40553, 1.4073
What it said to watch
Reclaim above 1.4055 pivot would neutralise the lower-low read
Close back above 1.4073 swing high needed to break the descending highs
Failure to hold 1.40435 session low confirms continuation
USDCAD sold off sharply into the 12:30 UTC data window, breaking to 1.40514 on the soft US CPI read and firm crude backing CAD, then based around 1.4060-1.4070 through the NY afternoon. Asia has resumed the slide, pressing a fresh session low at 1.40435 with RSI(14) near 37; price trades below EMA20 and EMA50.
Support: 1.40435
Resistance: 1.40695
What it said to watch
M15 close below 1.40435 confirms the next lower low
Reclaim of 1.40695 consol top needed to stall the downtrend
USDCAD extended its slide through thin Asia hours, printing a fresh session low at 1.40435 with RSI(14) near 37. Price stays pinned below EMA20/50 in a chain of lower highs; ATR compressed to ~4 pips as volume dried up.
Support: 1.40435, 1.4000
Resistance: 1.40553
What it said to watch
M15 close back above 1.40553 breaks the recent lower-high sequence
Loss of 1.40435 confirms continuation toward 1.4000 psych
BoC statement/MPR and US PPI later today are the main intraday catalysts
USDCAD grinding lower through thin Asia trade, printing fresh session lows at 1.40435 with price pinned under EMA20/50. The broader leg down follows soft US CPI weighing on the dollar and firm oil supporting CAD; RSI(14) near 34, low but not stretched.
Support: 1.40435, 1.4000
Resistance: 1.40534
What it said to watch
Reclaim of 1.40534 would ease the lower-high sequence
Break of 1.40435 opens continuation toward the 1.40000 psych
London open liquidity could expand the currently compressed ATR
01:16 UTC
Downtrend, fresh lows · RSI 38 · price 1.40442
Lower highs, lower lows; range floor broken.
USDCAD grinding lower through the Asia session, breaking the 1.4055-1.4073 range floor and printing fresh lows at 1.40435, with CAD firm on oil strength ahead of the BoC. RSI(14) near 37 but not yet extreme; price holds below EMA20 and EMA50 in a clean lower-high chain.
Support: 1.40435, 1.4040
Resistance: 1.40535, 1.40684
What it said to watch
Reclaim of 1.40535 range floor would neutralise the breakdown read
Loss of 1.40435 opens the 1.40400 psych level
BoC statement 13:45 UTC could materially shift this read
USDCAD kept drifting lower through the Asia session, with USD soft after the weak US CPI print. Price broke the 1.4058 range floor and printed a fresh session low at 1.4046, RSI(14) near 34 but not yet at an extreme.
Support: 1.4046, 1.4000
Resistance: 1.4058
What it said to watch
M15 close back above 1.4058 would neutralise the range break
Failure to hold 1.4046 confirms continuation toward 1.4000 psych
Asia session grinding to a fresh low at 1.40461 after the NY-hours CPI-driven USD selloff dragged USDCAD off 1.4146. Sequence of lower highs intact, RSI(14) near 36 but ATR compressed to ~4 pips as the tape thins out.
Support: 1.40461, 1.4040
Resistance: 1.4060, 1.4073
What it said to watch
M15 close back above 1.40600 breaks the lower-high sequence
Loss of 1.40461 opens the 1.40400 round number
BoC decision and US PPI later today are the main USDCAD catalysts
00:47 UTC
Downtrend, momentum flat · RSI 43 · price 1.40528
Consolidating near session lows after slide.
USDCAD drifted lower through the Asian session after the sharp NY-hours slide to 1.4049, and has since ranged 1.4055–1.4073 overnight, now edging back toward the session low. RSI(14) sits mid-40s and ATR is compressed near 4 pips — volatility is thin, price hugging the lower edge of the range.
Support: 1.40493, 1.40473
Resistance: 1.4066, 1.40741
What it said to watch
M15 close below 1.40493 confirms a fresh lower low
Reclaim of 1.40660 negates the drift and reopens the range top
US PPI 12:30 UTC and BoC decision 13:45 UTC could materially shift this read
USDCAD sold off through the London-NY session to 1.4047, extending CPI-driven USD softness against an oil-firm loonie. Price is now grinding in a tight 1.4050–1.4070 range in thin Asian trade, RSI(14) mid-range with no momentum.
Support: 1.40473, 1.4050
Resistance: 1.40741
What it said to watch
M15 close below 1.4047 confirms continuation of the down-leg
Reclaim of 1.4074 breaks the sequence of lower highs
BoC decision and US PPI/Warsh ahead could materially shift this read
USDCAD extended its CAD-led decline through the Asian session, slipping below the 1.4055 consolidation floor that held through the NY-Asia transition. Price is now probing 1.4050 with the 1.40473 swing low the next reference; RSI(14) near 38, sub-40 but not stretched.
Support: 1.40473, 1.4040
Resistance: 1.4070, 1.4073
What it said to watch
M15 close below 1.40473 confirms a fresh lower-low
Reclaim of 1.40700 range top negates the lower-high sequence
BoC decision (13:45 UTC) later today could materially shift this read
00:31 UTC
Downtrend, momentum flat in Asia · RSI 41 · price 1.40515
Consolidating near session lows after a sharp midday drop.
USDCAD broke lower into the 12:30 GMT window, sliding from 1.4115 to 1.4047 as soft US CPI and oil-led CAD strength pressured the pair around the BoC hold. Since then it has consolidated 1.4055–1.4073; Asia hours are now drifting back toward the session low at 1.40473 on thin volume, RSI(14) near 41.
Support: 1.40473, 1.4054
Resistance: 1.4073, 1.4110
What it said to watch
M15 close below 1.40473 confirms a lower low
Reclaim of 1.40730 needed to break the consolidation
US PPI at 12:30 GMT could materially shift this read
Quiet Asia session grinding lower after the London-hours flush to 1.4054; price rolled off the 1.4068 range top and is now retesting the session low at 1.4049 with RSI(14) subdued near 41. ATR has collapsed to ~5 pips as liquidity thins overnight.
Support: 1.40493
Resistance: 1.4068
What it said to watch
M15 close below 1.40493 confirms continuation lower
Reclaim of 1.40680 range top negates the downside push
BoC decision + MPR (13:45 UTC) and US PPI (12:30 UTC) later today could materially shift this read
Consolidation above session lows after impulsive drop.
USDCAD sold off from 1.4153 to the 1.4047 area, an impulsive leg tied to broad USD softness after the soft US CPI print. Asia hours have chopped in a 1.4047–1.4074 range, and price is now drifting back toward the session low with RSI(14) around 42 — no fresh momentum either way.
Support: 1.40473, 1.40514
Resistance: 1.40741, 1.4110
What it said to watch
M15 close below 1.4047 confirms a lower low and extends the drop
Reclaim of 1.4074 range top neutralises the down-drift
BoC decision (13:45 UTC) and US PPI (12:30 UTC) later today can reset this read
USDCAD sold hard through the NY session on firm oil and softer USD, then consolidated 1.4058-1.4073 through late hours. Asian session is now drifting to fresh session lows near 1.4052, RSI(14) sub-40 with ATR compressed to ~5 pips.
Support: 1.40515, 1.40473, 1.4035
Resistance: 1.4070, 1.4073
What it said to watch
M15 close back above 1.4070 negates the drift to session lows
Break of 1.40473 confirms a lower low
BoC decision + US PPI later today could materially shift this read
Lower highs, fresh session low on thin Asian flow.
USDCAD extended its downtrend as USD stayed soft after the June CPI miss and CAD held firm on oil; the pair broke the 1.40660-1.40730 consolidation and printed a fresh session low at 1.40493 on thin Asian volume. Price sits below EMA20/50 near 1.4052 with RSI(14) around 38 — pressured but not yet stretched.
Support: 1.40493, 1.4040
Resistance: 1.4070
What it said to watch
Reclaim of 1.40700 consol top would neutralise the breakdown
Failure to hold 1.40493 session low confirms continuation lower toward 1.40400
BoC decision and US PPI later today could materially shift this read