USDCAD ran from Monday's 1.3990 open to a fresh 14-month high at 1.4193 through the London-NY drive Tuesday, with CAD failing to firm even after a hot May CPI print — the beat was faded on the energy-led headline. Price has since drifted back to 1.4151 and slipped under EMA(20), with RSI(14) cooling from overbought into the mid-40s as the move consolidates. The 1.4193 high capped the week and now sits as the resistance to watch.
Support: 1.4144, 1.4130, 1.4070
Resistance: 1.4193, 1.4200
What it said to watch
BoC Macklem speech Tue 13:00 UTC could materially shift this read
H1 close above 1.4193 reopens the 1.4200 psych test
Loss of 1.4144 swing low confirms deeper pullback toward 1.4130
USDCAD ran from Monday's 1.3990 open to a fresh 14-month high at 1.4193 as the hawkish-Fed repricing kept the dollar firm and CAD shrugged off a hot May CPI. Price has since rolled over, slipping back below the EMA20 (~1.4163) and stalling at the swing low around 1.4144. The week-high zone at 1.4193 and the 1.4200 psych barrier capped the advance, while the broader higher-low sequence off Monday's base remains intact.
Support: 1.41437, 1.4130
Resistance: 1.4163, 1.4193, 1.4200
What it said to watch
BoC Macklem speech (Tue 13:00 UTC) is the next CAD catalyst and could shift this read
H1 close back above 1.4163 ema20 would re-engage the upside toward the 1.4193 week high
Loss of 1.4144 swing low opens the 1.4130 support area
Friday US Core PCE could materially move the USD side of the pair
Pullback from 14-month high, holding above prior demand.
USDCAD ran eight straight sessions into a 14-month high at 1.4193 before stalling; price has since slipped under EMA(20) but is still holding above EMA(50) as the week's advance consolidates. Yesterday's hot Canadian CPI beat barely dented the pair — the move stayed pinned near highs on the hawkish-Fed rate-gap story. RSI(14) has cooled back toward the midline after the stretched run, with the 1.4182–1.4193 zone capping the latest attempt.
Support: 1.4144, 1.4130
Resistance: 1.4182, 1.4193
What it said to watch
BoC Macklem speech Tue 13:00 UTC is the key CAD catalyst and could materially shift this read
H1 close below 1.4144 confirms a lower-low and breaks the week's higher-low sequence
Recovery above 1.4182 re-exposes the 1.4193 week high
Consolidating below the weekly high after an eight-session run.
USD/CAD ran from Monday's 1.3993 open to a 14-month high at 1.4193, driven by the hawkish-Fed repricing that overrode Tuesday's hot Canadian CPI beat. The past day has been corrective: price has slipped back under the EMA20 around 1.4168 and has been chopping between 1.4144 and 1.4182 with RSI(14) cooling toward the mid-40s. The broader uptrend structure holds above EMA50, but the immediate read is consolidation just under the weekly high.
Support: 1.4144, 1.4130
Resistance: 1.4168, 1.4193
What it said to watch
BoC Macklem speech Tue 13:00 UTC is the key CAD catalyst and could shift this read
Close above 1.4193 weekly high resumes the uptrend
Loss of the 1.4144 swing low exposes the 1.4130 socgen sup
USDCAD has run hard since Monday's open, USD broadly bid post-hawkish Fed while the loonie stayed offered despite Tuesday's hot CPI beat (3.2% vs 3.0%). Price printed a fresh 14-month high at 1.4193, met rejection there and has since consolidated back to 1.4158, slipping below EMA(20) with RSI(14) cooling off overbought. The week's rising-lows structure is intact while 1.4144 holds.
Support: 1.41507, 1.41437, 1.41241
Resistance: 1.4193, 1.41881
What it said to watch
H1 close above 1.4193 opens the path toward 1.4250
Failure to hold 1.4144 confirms a lower-low and deeper pullback
Macklem (Tue 13:00 UTC) and US flash PMIs (Tue 13:45 UTC) could materially shift this read
Fresh 14-month high then pullback, consolidating below EMA20.
USDCAD pushed to a fresh 14-month high near 1.4193 through this week on broad USD strength and the widening Fed-BoC gap; yesterday's hotter Canadian CPI gave the loonie little lasting support. The sharp NY-session pullback off the high stalled at 1.4144 and price is now consolidating below EMA20 with RSI cooled back to neutral after running overbought into the high.
Support: 1.41437, 1.4130, 1.41148
Resistance: 1.4193
What it said to watch
H1 close below 1.4144 confirms a lower-low and exposes 1.4130
Reclaim of 1.4193 resumes the week's uptrend
BoC Macklem speech (13:00 UTC) could materially shift this read
Consolidating below 14-month high after week-long impulse.
USDCAD rallied off Monday's 1.3988 open through the week, printing a fresh 14-month high at 1.4193 on broad USD strength and CAD weakness — the hot Canadian CPI beat gave the loonie little lasting support against the Fed-BoC rate gap. Price has since cooled back below EMA20 to consolidate around 1.4160, with RSI(14) failing to confirm the latest high. Support cluster around 1.4144/1.4131 is holding the pullback so far.
Support: 1.4144, 1.4131, 1.4070
Resistance: 1.4193, 1.4182
What it said to watch
H1 close above 1.4193 opens the path toward 1.4250
Failure to hold 1.4144 exposes the 1.4131 support and EMA base near 1.4070
BoC Macklem (Tue 13:00 UTC) and US flash PMIs (Tue 13:45 UTC) could materially shift this read
Higher highs into 14-month high, now consolidating below.
USDCAD climbed steadily from Monday's ~1.3990 open to a 14-month high near 1.4193, powered by broad USD strength and the widening Fed-BoC rate gap; yesterday's hot Canadian CPI gave the loonie no lasting relief. The advance stalled below 1.4193 and price has eased back to the EMA50, with RSI cooling out of overbought toward the mid-40s. The week's rising higher-low structure still holds while 1.4144 supports.
Support: 1.4144, 1.4130, 1.4158
Resistance: 1.4193, 1.4188
What it said to watch
H1 close above 1.4193 opens the path toward 1.4250
Failure to hold 1.4144 confirms a lower-low and exposes 1.4130
BoC Macklem (Tue 13:00 UTC) and US flash PMIs are near-term catalysts that could reshape this read
USDCAD ran an eight-session climb to a 14-month high at 1.41930 before stalling; the rally lost traction after Canada's hot May CPI (3.2% vs 3.0%) injected two-way risk into the move. Price has since slipped under the H1 EMA(20) near 1.41700 with RSI rolling off as the leg flattened, and the 1.41437 swing low has anchored the pullback so far. The dominant structure off Monday's 1.3988 base is still a series of higher lows.
Support: 1.41437, 1.4134
Resistance: 1.4170, 1.4193
What it said to watch
BoC Macklem speech Tue 13:00 UTC — first reaction to hot CPI, key near-term catalyst
Loss of 1.41437 swing low would confirm a deeper pullback toward 1.41340
Reclaim of 1.41700 EMA20 puts the 1.41930 week high back in view
US flash PMIs Tue 13:45 UTC could shift the USD leg of the read
USDCAD ran eight sessions higher to a 14-month high at 1.4193 before stalling, with price now fading back toward the EMA20 after Canada's hot May CPI (3.2% vs 3.0%) injected two-way risk into the rally. RSI(14) has eased to the mid-40s and failed to confirm the latest highs, a bearish divergence against the still-intact uptrend. Buyers held the 1.4144 swing low on the last NY pullback.
Support: 1.41437, 1.4130
Resistance: 1.4193, 1.4188
What it said to watch
H1 close below 1.4144 confirms a lower-low and deeper unwind
Reclaim above 1.4193 resumes the uptrend
Macklem speech ~18h out (Tue 13:00 UTC) could materially shift the CAD read
Consolidation just below the week high after an extended impulse.
USDCAD ran from the 1.3990 area into a fresh 14-month high near 1.4193 across the week, but the advance has stalled and price is now consolidating around 1.4161, slipping just under EMA(20). The hot Canada CPI (3.2% vs 3.0%) gave CAD a reason to push back against a stretched move, capping the 1.4200 area and pulling RSI(14) off its highs into the mid-50s. The 1.4144 swing low has held on the latest pullback.
Support: 1.4144, 1.4130, 1.4070
Resistance: 1.4193, 1.4200
What it said to watch
Macklem speech Tue 13:00 GMT could materially shift this read
Clean H1 close above 1.4200 reopens the path higher
Failure to hold 1.4144 confirms a lower-low and a deeper unwind toward 1.4130
18:01 UTC
Uptrend, momentum slowing · RSI 52 · price 1.4161
Pullback after fresh 14-month high.
USDCAD has climbed steadily since Monday's open, posting a fresh 14-month high at 1.4193 before stalling. Today's hot Canadian CPI (3.2% YoY) sparked the sharp dip toward 1.4144 during the NY session, and price has since stabilised around 1.4161, slipping below EMA(20) for the first time this week while holding above EMA(50). RSI has cooled off its overbought extreme as the latest highs lacked momentum confirmation.
Support: 1.4144, 1.4130, 1.4070
Resistance: 1.4187, 1.4193
What it said to watch
Macklem speech (Tue 13:00 GMT) could materially shift this read
Hourly close back above 1.4187 reopens the 1.4193 week high
Failure to hold 1.4144 confirms a lower-low and exposes 1.4130
Consolidating below week highs after a multi-day climb.
USDCAD has trended higher all week from the 1.3988 base, tagging a fresh high at 1.4193 before stalling. Today's hotter-than-expected Canadian CPI (3.2% vs 3.0% f/c) gave CAD its first fundamental support, pressing price back under the H1 EMM20 (~1.4173) and dragging RSI from overbought back to the mid-40s. Demand has held the 1.4144 swing low, leaving price ranging between that floor and the 1.4182/1.4193 supply band.
Support: 1.41437, 1.41241
Resistance: 1.4173, 1.41819, 1.4193
What it said to watch
BoC Governor Macklem speech Tue 13:00 UTC could materially shift this read
Hourly close above 1.4193 reopens the prior uptrend extension
Failure to hold 1.4144 confirms a lower-low and deeper pullback
Reclaim of EMA20 ~1.4173 would re-align price with the weekly trend
Higher highs into 14-month highs, now consolidating below the week top.
USDCAD climbed steadily from Monday's ~1.3990 open to a fresh 14-month high near 1.4193 on the hawkish-Fed rate gap, but the advance stalled after today's hotter Canadian CPI (3.2% vs 3.0% f/c) handed the Loonie a counter. Price has rotated back below EMA(20) and is consolidating in the 1.4144–1.4193 band, with RSI(14) cooling from overbought toward mid-range. The 1.4193 week high capped the latest push and demand stepped in around 1.4144.
Support: 1.41437, 1.4100
Resistance: 1.4193, 1.4200
What it said to watch
H1 close above 1.4200 opens the path toward 1.4273
Failure to hold 1.41437 confirms a lower-low and breaks the rising support
BoC Macklem speech Tue 13:00 UTC could materially shift this read
Consolidating below week high after extended rally.
USDCAD climbed steadily all week from Monday's ~1.3985 open to a 14-month high near 1.4193, with the NY session driving the strongest legs. A hotter-than-expected Canadian CPI (3.2% vs 3%) today stalled the advance and price has slipped back below EMA(20) with RSI(14) cooling toward the midline. The broader weekly trend is intact but momentum has flattened into consolidation under the highs.
Support: 1.41437, 1.4137
Resistance: 1.4172, 1.4193
What it said to watch
BoC Governor Macklem speech Tue 13:00 UTC could materially shift this read
Reclaim of EMA(20) at 1.4172 would re-engage the uptrend
Close above 1.4193 week high opens the path toward 1.4273
Failure to hold 1.4144 swing low confirms a deeper pullback
USDCAD has climbed steadily since Monday's open, adding roughly 210 pips from 1.3985 into a 1.4193 week high on the hawkish Fed rate gap. Today's hotter Canada CPI (3.2% vs 3.0%) handed the Loonie a counter-bid, capping the advance and dragging price back below EMA20 (~1.4175) with RSI cooling toward 50 after stretched overbought readings. Demand stepped in around 1.4144 to hold the pullback so far.
Support: 1.4144, 1.4175, 1.4150
Resistance: 1.4193, 1.4188
What it said to watch
BoC Governor Macklem at 13:00 UTC Tue could materially shift this read
H1 close above 1.4193 reopens the path toward 1.4273
Failure to hold 1.4144 confirms a lower low and breaks the rising support
USDCAD has run higher all week, breaking from 1.3980 to a 1.4193 high before today's pullback — the move accelerated through the NY session as CAD tracked the rate gap and a firmer USD. Today's hot Canadian CPI (3.2% vs 3.0%) is the first genuine CAD-supportive print, and price has since rejected the 1.4193 high and slipped back below EMA20, with RSI cooling toward the mid-40s. The 1.4144 swing low is now the immediate floor with the 1.4130 shelf beneath it.
Support: 1.4144, 1.4130
Resistance: 1.4193
What it said to watch
Hourly close below 1.4130 confirms a deeper pullback off the week high
Reclaim and close above 1.4193 resumes the uptrend
BoC Macklem speech Tue 13:00 UTC is the key CAD catalyst and could shift this read
USDCAD ran an uninterrupted multi-day climb off Monday's 1.3980 base into the 1.4193 day high before today's hotter-than-expected Canadian CPI (3.2% vs 3.0%) put a cap on it. Price has since slipped back under the EMA(20) with RSI(14) rolling off toward 43, and rejection wicks around 1.4180-1.4193 show the rally stalling. The broader uptrend channel from this week is intact, but momentum has flattened into the pullback.
Support: 1.41437, 1.4150, 1.4130
Resistance: 1.4193, 1.41827
What it said to watch
BoC Macklem speech Tue 13:00 UTC could materially shift this read
H1 close below 1.41437 confirms a lower-low and breaks the rising support
Reclaim above 1.41930 resumes the week's uptrend toward 1.4250
14:02 UTC
Uptrend, momentum cooling · RSI 51 · price 1.4167
Higher highs into pullback off week high.
USDCAD has trended steadily higher since Monday's open, printing a fresh 14-month high at 1.4193 before fading through NY hours; the latest leg lower has dropped price back under EMA20 while it holds above EMA50. The advance stalled near 1.4200 after Canada's hot CPI (3.2% vs 3.0%) gave the Loonie a counterweight, and RSI(14) has cooled back toward neutral. The week's rising sequence of higher lows is still intact at 1.4144.
Support: 1.4144, 1.4135
Resistance: 1.4193, 1.4200
What it said to watch
BoC Macklem speech (Tue 13:00 UTC) is the next CAD catalyst and could shift this read
Close back above 1.4193/1.4200 reopens the upside continuation
Loss of 1.4144 session low breaks the week's higher-low sequence
14:02 UTC
Uptrend, momentum cooling · RSI 53 · price 1.4167
Higher highs into consolidation below week high.
USD/CAD climbed all week from sub-1.3980 to a 14-month high near 1.4193 on safe-haven USD demand and a weak Loonie, with the bulk of the impulse arriving in the NY session. Today's hot Canadian CPI (3.2% vs 3.0%) stalled the advance — price rejected the highs and slipped just below EMA20 to 1.4167, with RSI(14) cooling off recent extremes. The 1.4193/1.4200 zone has capped the latest attempts.
Support: 1.4144, 1.4110
Resistance: 1.4193, 1.4200
What it said to watch
H1 close above the 1.4200 psych level resumes the trend toward fresh highs
Loss of the 1.4144 swing low confirms a deeper pullback
Macklem speech Tue 13:00 UTC is the key near-term CAD catalyst
Higher highs into 1.4193, first lower high forming.
USDCAD ground higher all week on the hawkish-Fed/USD-haven story, posting a fresh 14-month high near 1.4193 before the NY-session reversal. Today's Canadian CPI (12:30 UTC) coincided with the sharp drop to 1.41437, pulling price back under EMA(20) for the first time in days while RSI(14) unwinds from overbought toward 46. The broader rising structure off Monday's open still holds, but the latest bar marks a lower high against 1.4193.
Support: 1.41437, 1.4110, 1.4070
Resistance: 1.4193, 1.4200
What it said to watch
H1 close below 1.41437 confirms a lower low and deeper pullback
Reclaim of 1.41930 reopens the path to the 1.4200 barrier
BoC Macklem speech Tue 13:00 UTC could materially shift this read
Higher highs into 1.4193, first pullback off the top.
USDCAD has trended higher all week, stretching from sub-1.3980 to a fresh 1.4193 high just shy of the 1.4200 psych barrier, with RSI(14) pushing into overbought. Today's Canadian CPI print triggered a sharp rejection off the highs, dropping price through EMA20 to the 1.4144 today low. The first real pullback of the week is underway after eight sessions of one-way grind.
Support: 1.41437, 1.41344, 1.4070
Resistance: 1.4178, 1.4193, 1.4200
What it said to watch
H1 close back above EMA20 ~1.4178 would re-engage the uptrend toward 1.4193/1.4200
Failure to hold 1.4144 today low opens a deeper retrace toward the 1.4070 wk pivot
BoC Gov Macklem speech tomorrow 13:00 UTC could reshape the CAD read
USDCAD has trended higher all week from Monday's 1.4003 open, driven by the hawkish-Fed/soft-BoC divergence and weak Canadian retail sales. Price pushed to a fresh week high at 1.4193 in the prior NY session before stalling and drifting back to coil around the EMA(20) near 1.4176, with RSI(14) cooling toward the mid-50s. The 1.4200 psychological pivot caps the move; Monday's 1.4156 low marks the near-term floor.
Support: 1.4156, 1.4131
Resistance: 1.4193, 1.4200
What it said to watch
Canada CPI 12:30 UTC could materially shift this read
H1 close above 1.4200 opens the path toward 1.4273
Failure to hold 1.4156 exposes the 1.4131 prior support
Higher highs into 1.4193, consolidating below the week high.
USDCAD extended a five-day climb to a 14-month high at 1.4193 on hawkish-Fed/soft-BoC divergence and safe-haven USD demand, with the petro-currency link broken as crude offered no support. Price has stalled into the NY session, drifting back to the EMA(20) around 1.4172 while RSI(14) unwinds toward 50 after stretched readings. The week-high zone at 1.4193 and the 1.4200 psych level cap the advance.
Support: 1.41563, 1.41344, 1.40706
Resistance: 1.4193, 1.4200
What it said to watch
Canada CPI due ~12:30 UTC (within the hour) is the dominant catalyst and could materially shift this read
H1 close above 1.4200 opens the path toward 1.4273
Failure to hold 1.4156 swing low signals a deeper pullback toward the 1.4071 breakout base
USDCAD ground higher all week off Monday's 1.398 base to a fresh 14-month high at 1.41930, powered by the hawkish-Fed rate gap and softer oil weighing on CAD. The last few NY hours have stalled and pulled back to 1.4174, slipping under EMA(20) while holding well above EMA(50); RSI(14) has cooled toward the mid-50s after running hot. Price is now coiling between 1.41650 support and the 1.41930 high ahead of Canadian CPI.
Support: 1.4165, 1.4156, 1.4131
Resistance: 1.4193, 1.4200
What it said to watch
Canadian CPI at 12:30 UTC (~1.5h out) is the key CAD catalyst and can swing this read
H1 close above 1.41930 opens the path toward the 1.42000 round number
Loss of 1.41650 session low confirms a deeper pullback toward 1.41560
Extending a five-session climb, USDCAD printed a fresh 14-month high at 1.4193 in early London before fading back to the EMA(20). RSI(14) has cooled off the highs into the low-50s as price consolidates under the figure, with the rally driven by the hawkish-Fed rate gap against a soft Loonie. The 1.4193 high is the cap; Canadian CPI at 12:30 UTC is the next catalyst.
Support: 1.4177, 1.4131, 1.4100
Resistance: 1.4193, 1.4200
What it said to watch
Canadian CPI at 12:30 UTC could materially shift this read
H1 close above 1.4193 opens the path to the 1.4200 psych level
Loss of 1.4131 wk support negates the breakout extension
USD/CAD extended to a fresh 14-month high near 1.4193 this week on the Fed-BoC rate-gap story, with the dominant leg printed mid-week and price holding above EMA(20) on each pullback. Since the high it has eased into a tight consolidation around 1.4170, with RSI(14) cooling off the overbought reading. Canada CPI at 12:30 UTC is the catalyst into this structure.
Support: 1.4156, 1.4133, 1.4170
Resistance: 1.4193, 1.4200
What it said to watch
Canada CPI 12:30 UTC (~2.5h) can materially shift this read
H1 close above 1.4200 psych pivot opens the path toward 1.4273
Failure to hold 1.4156 session low signals a deeper pullback to the 1.4133 swing low
Higher highs into a tight consolidation below 1.4200.
USDCAD has trended higher all week off Monday's 1.3980 region toward fresh 14-month highs near 1.4193, underpinned by the hawkish-Fed/BoC rate gap and a safe-haven USD bid. Price is now consolidating just under 1.4193 with RSI cycling mid-50s after the push, holding above the H1 EMA20 around 1.4165. The 1.4200 pivot has capped the advance into Canada CPI.
Support: 1.4165, 1.4156, 1.4131
Resistance: 1.4193, 1.4200
What it said to watch
Canada CPI at 12:30 UTC (f/c 3.0% YoY) is the dominant near-term catalyst and could materially shift this read
An H1 close above 1.4200 pivot opens the path toward 1.4273
Loss of the 1.4156 session low and EMA20 would break the week's higher-low sequence
USDCAD has climbed steadily since Monday's open, running from the 1.3980 base to a fresh week high at 1.41930 as a hawkish-Fed read and CAD-negative flows extended the move. Price is now drifting sideways just under that high with RSI(14) cooling from stretched levels, holding above the H1 EMA(20). The Friday-to-Monday open near 1.41650 has been defended on dips.
Support: 1.4165, 1.4134, 1.4070
Resistance: 1.4193, 1.4200
What it said to watch
Canada CPI at 12:30 UTC (~3.5h) is high-impact and can materially shift this read
Hourly close above 1.41930 opens the path to the 1.4200 psych level
Loss of 1.41650 would mark the first lower-low of the week
USDCAD has trended steadily higher since Monday's open, with the petro-link broken and broad USD strength plus pre-CPI CAD weakness driving the move to a fresh week high at 1.41930. Price holds above EMA20 with RSI(14) cycling in the 60s, but the last several bars have flattened into consolidation just under 1.4190. The 1.41716 session low and EMA20 around 1.4165 have contained pullbacks during the NY-Asia transition.
Support: 1.41716, 1.4165, 1.41285
Resistance: 1.4193, 1.4200
What it said to watch
Canada CPI at 12:30 UTC is high impact and could materially shift this read
H1 close above 1.41930 opens the path toward the 1.4200 pivot
Loss of 1.41650 EMA20 would mark the first lower-low this week
08:02 UTC
Uptrend, extended · RSI 64 · price 1.41767
Higher highs/lows, fresh 14-mo high.
USDCAD extended a multi-day rally to a fresh 14-month high at 1.4193, driven by the Fed-BoC rate-gap theme after soft Canadian data and a hawkish FOMC. Monday's session opened with a small downside gap to 1.4156 before the climb resumed; pullbacks have stayed shallow and price holds above EMA(20). Momentum is stretched into Canada CPI, with the move parked just under the 1.4200 psych pivot.
Support: 1.4156, 1.4131
Resistance: 1.4193, 1.4200
What it said to watch
Canada CPI at 12:30 UTC (~5h) is the main catalyst and could reject the 1.4200 zone
H1 close above 1.4200 opens the path toward 1.4273
Loss of 1.4131 would mark the first lower-low and an overbought unwind
USDCAD ground out fresh 14-month highs near 1.4193 this week on the widening Fed-BoC rate gap, with price riding above EMA20 on every pullback since last Tuesday's session. The pair is now coiling in the 1.4165–1.4193 band into the new week, RSI still elevated after a near-vertical run. Momentum is stretched but structure remains intact while the swing low at 1.4165 holds.
Support: 1.4165, 1.4131
Resistance: 1.4193, 1.4200
What it said to watch
Canada CPI at 12:30 UTC (~4h) is the main CAD catalyst and could reset this read
A close above 1.4200 psych opens the path toward 1.4273
Loss of 1.4131 prior low signals an overbought unwind
07:02 UTC
Uptrend, extended · RSI 66 · price 1.41821
Higher highs, higher lows since Monday.
USDCAD has trended higher all week on widening Fed-BoC divergence, pushing to a fresh 14-month high near 1.4193 with price holding above EMA20 and EMA50 throughout. Pullbacks have been shallow and have repeatedly found the rising EMA20 around 1.4173, but RSI(14) up near 66 reflects how stretched the move is after seven up sessions. The 1.4200 psych pivot caps the latest leg into the NY session.
Support: 1.4156, 1.4173, 1.4131
Resistance: 1.4193, 1.4200, 1.4273
What it said to watch
Canada CPI at 12:30 UTC is the key near-term CAD lever and could materially shift this read
H1 close above 1.4200 opens the path toward 1.4273
Failure to hold the 1.4156 swing low would mark the first lower-low of the week
Fed's Waller speech 13:00 UTC may add USD-side volatility
USDCAD has trended higher every session since Monday's open near 1.4003, riding the hawkish-Fed/soft-Canada-data divergence to a fresh week high at 1.4193. Price holds above EMA20, with pullbacks since the NY-session surge two days ago repeatedly finding support and RSI(14) staying elevated through the run. The 1.4200 psychological pivot is the next area to watch into Canada CPI.
Support: 1.4166, 1.41241, 1.40706
Resistance: 1.4193, 1.4200
What it said to watch
Canada CPI at 12:30 UTC is the key near-term lever and could materially shift this read
A close above 1.4200 opens the path toward 1.4273
Failure to hold 1.41660 would mark the first lower-low of the week and signal momentum fading
USDCAD has trended one-directionally since Monday's open, riding firm USD and soft Canadian data (Friday's retail sales miss) to a 14-month high, with price now pressing the 1.41904 week high just below the 1.4200 psych level. Pullbacks have held the rising channel and EMA20 through each session, though RSI(14) cycling near 68 leaves momentum stretched into resistance. CAD CPI at 12:30 UTC is the immediate structural risk.
Support: 1.4165, 1.4131, 1.4102
Resistance: 1.41904, 1.4200
What it said to watch
Canada CPI 12:30 UTC could materially shift this read
H1 close above 1.4200 opens the path higher; rejection there caps the channel
Loss of 1.4165 session low would break the rising structure
06:01 UTC
Uptrend, extended · RSI 65 · price 1.41871
Higher highs / higher lows, ascending channel.
USDCAD has trended higher all week, holding above EMA(20) on every pullback as soft Canadian data and Fed-BoC divergence keep the loonie heavy. Price is grinding into the week high at 1.41904 with the 1.4200 psych pivot just overhead; RSI(14) is elevated near 64 but not yet at prior extremes. Pullbacks have repeatedly found the EMA(20) around 1.4173 and the ascending channel from last week's lows remains intact.
Support: 1.4173, 1.4156, 1.41358
Resistance: 1.41904, 1.4200
What it said to watch
H1 close above 1.4200 opens the path higher; rejection there caps the channel
Canada CPI at 12:30 UTC could materially shift this read — a hot print risks an overbought unwind
Failure to hold EMA(20) near 1.4173 would break the channel of higher-lows
USDCAD has ground higher all week on Fed-BoC divergence, with the big leg coming on the London-NY push after Friday's soft Canadian retail sales; price holds above EMA20 with pullbacks bought into fresh week highs near 1.4190. RSI(14) cycling in the high-60s confirms the move but momentum is extended into the 1.4200 psych zone. Canada CPI later today is the key catalyst for this read.
Support: 1.4160, 1.4131, 1.4094
Resistance: 1.41904, 1.4200
What it said to watch
Canada CPI at 12:30 UTC could materially shift this read
Break above 1.4200 psych zone opens the path higher
H1 close back below the 1.41600 ema20 would stall the uptrend
Loss of 1.41310 swing low confirms a lower-low
05:02 UTC
Uptrend, extended · RSI 70 · price 1.41874
Higher highs into 1.4200, shallow pullbacks.
USDCAD has trended higher all week, riding the hawkish-Fed vs soft-Canadian-data divergence, with the dominant leg printed during the post-FOMC NY sessions. Price sits above EMA20 and EMA50 with pullbacks repeatedly absorbed near rising support, and is now pressing the week high at 1.41904 just below the 1.4200 psych pivot. RSI is elevated near 70, reflecting how stretched the run has become.
Support: 1.41563, 1.41344, 1.41241
Resistance: 1.41904, 1.4200
What it said to watch
Canada CPI today 12:30 UTC could materially shift this read
H1 close above 1.4200 opens the path higher; rejection there keeps the week high capping
Loss of 1.41563 swing low breaks the higher-low sequence
04:01 UTC
Uptrend, extended · RSI 65 · price 1.41883
Higher highs into 14-month high zone.
USDCAD has run seven straight sessions and is pressing fresh 14-month highs at 1.41883, driven by the hawkish-Fed/dovish-BoC divergence and soft Canadian data. Price holds above EMA(20) near 1.4170 with pullbacks shallow, RSI(14) cycling in the low-60s, and the weekend gap down to 1.4156 was reclaimed into the new week. Demand stepped in on each dip back toward the rising-low structure.
Support: 1.4170, 1.41563, 1.41241
Resistance: 1.41883
What it said to watch
Canada CPI today 12:30 UTC is the key swing factor — a hot print extends the trend, a miss risks an overbought-driven pullback
H1 close back below 1.41563 swing low would break the higher-low sequence
Loss of EMA20 near 1.4170 would flag momentum cooling
04:01 UTC
Uptrend, extended · RSI 66 · price 1.41883
Rising series of higher highs, fresh 14-month high.
USDCAD has trended higher all week on the hawkish-Fed/dovish-BoC divergence and soft Canadian data, printing a fresh 14-month high at 1.41883 into the Asia session. Price has held above EMA(20) since the Friday breakout above 1.4150, with pullbacks shallow and finding demand near the 1.4160 area. Momentum is stretched but H1 RSI still has room before the prior overbought extremes.
Support: 1.4160, 1.4136, 1.4111
Resistance: 1.41883, 1.4200
What it said to watch
Canada CPI today 12:30 UTC (MoM f/c 0.7%) is the key swing factor and could shift this read
H1 close back below 1.4160 EMA(20) would break the run of higher lows
Rejection at the 1.41883 high / 1.4200 round number would flag stalling momentum
USDCAD has run seven sessions higher to a 14-month-high zone above 1.4150, driven by a hawkish Fed dot-plot, soft Canadian data and weaker oil. Price has been pinned just under the 1.4182 week high since Friday's NY push, with shallow pullbacks holding above EMA(20) near 1.4150. RSI(14) is elevated, flagging stretched momentum as price coils into the Asia session.
Support: 1.4156, 1.4150, 1.4100
Resistance: 1.4182, 1.4190
What it said to watch
Canada CPI today 12:30 UTC is the key swing factor for this read
H1 close above 1.4182 opens the path beyond the 1.4190 psych level
Failure to hold 1.4156 session low exposes EMA(20) and the 1.4100 round number
Series of higher highs and higher lows, rising channel.
USDCAD has climbed in a clean rising channel since Monday, pushing to a 14-month high at 1.4183 as the hawkish-Fed/dovish-BoC divergence and soft Canadian data weighed on CAD. Price is holding above EMA20 with pullbacks finding the rising trendline, but RSI(14) cooling near 61 after the run flags stretched momentum. The 1.4150 prior range has acted as a floor on the latest consolidation.
Support: 1.4150, 1.4060, 1.4000
Resistance: 1.4183, 1.4200
What it said to watch
Canada CPI today 12:30 UTC (HIGH impact) could materially shift this read
H1 close above 1.4183 opens the path toward the 1.4200 psych level
Loss of 1.4150 prior range breaks the rising channel and exposes 1.4060 swing low
Higher highs into 14-month high, consolidating under 1.4182.
USDCAD ground higher all week to a 14-month high near 1.4182, the move driven by Fed-BoC divergence, soft Canadian data and weak oil. Price holds above the H1 EMA20 around 1.4165 after the weekend gap filled and the Monday session reclaimed the swing low at 1.4156. The week high at 1.4182 is now capping price as momentum flattens off stretched levels.
Support: 1.4165, 1.4156, 1.4134
Resistance: 1.4182
What it said to watch
Canada CPI at 12:30 UTC today is the dominant CAD catalyst and could shift this read
H1 close above 1.4182 extends the high; a hot CPI risks an unwind back to the 1.4134 prior low
Loss of 1.4156 swing low signals deeper consolidation toward EMA50
USDCAD has trended higher all week, riding USD strength and CAD weakness after soft Canadian retail sales, printing a 14-month high at 1.41827. Price gapped down at the week's reopen then recovered through the Asia session to retest that high, with RSI(14) cooling off stretched levels into the low-60s. Consolidation between 1.41591 and 1.41827 has held since the prior session.
Support: 1.41591, 1.4155, 1.4133
Resistance: 1.41827, 1.4200
What it said to watch
Canada CPI at 12:30 UTC is the dominant catalyst — could materially shift this read
Hourly close above 1.41827 week high extends the uptrend toward the 1.42000 psych level
Loss of 1.41591 prior high opens room back to the 1.41330 swing low
Higher highs and higher lows, stalling at week top.
USDCAD has trended up since Monday's open, riding the post-FOMC USD bid and soft oil to a 14-month-area high at 1.41827 before stalling. A weekend gap from Friday's 1.41661 close has been filled, with price now coiling in the 1.4170s just under the week high. RSI(14) has cooled off its stretched extreme as the advance flattens into consolidation.
Support: 1.4166, 1.41344, 1.40967
Resistance: 1.41827, 1.41784
What it said to watch
Canada CPI at 12:30 UTC is the main CAD catalyst and could shift this read
H1 close above 1.41827 extends the week's uptrend
Loss of 1.41660 swing low signals the first lower-low of the week
01:02 UTC
Uptrend, momentum cooling near week high · RSI 57 · price 1.41702
Higher highs and higher lows, consolidating below week high.
USDCAD ran seven up-sessions into the 1.41827 week high on the hawkish Fed dot-plot and soft oil, then stalled and is consolidating just below it. Price gapped slightly lower over the weekend break before recovering above EMA(20), with RSI(14) cooling off its overbought stretch into the mid-50s as the rally catches its breath. Demand has held the 1.41563 area, keeping the higher-low sequence intact.
Support: 1.41563, 1.4150, 1.4100
Resistance: 1.41827, 1.4177
What it said to watch
Canada CPI at 12:30 UTC is the main CAD catalyst and could materially shift this read
H1 close above 1.41827 reopens the path higher; loss of 1.41563 breaks the higher-low sequence
Failure to hold EMA(20) near 1.4150 would signal a deeper pullback after the stretched run
USDCAD ground higher all week off Monday's 1.3980 base, driven by hawkish-Fed USD strength and soft Canadian data, printing a fresh 14-month high at 1.41827. Price now consolidates in the upper third of the move, holding above the EMA20 near 1.4160 with RSI cooling from overbought toward the mid-50s. The weekend low at 1.41563 has so far contained pullbacks.
Support: 1.4160, 1.41563, 1.4133
Resistance: 1.41827, 1.4200
What it said to watch
Canada CPI Mon 12:30 UTC is the dominant catalyst and could materially shift this read
H1 close above 1.41827 week high opens the path to the 1.4200 psych level
Loss of 1.41563 weekend low signals a deeper pullback toward 1.4130 swing low
USDCAD has climbed steadily through the week on a hawkish-Fed/soft-loonie mix, riding above EMA(20) since the breakout above 1.4070 and printing a week high at 1.41827. Pullbacks have been shallow, with demand stepping in around the 1.4156 day low, but RSI is now stretched and the advance is slowing into a tight consolidation just under the highs. Canada CPI is the dominant near-term catalyst.
Support: 1.4156, 1.4110, 1.40706
Resistance: 1.41827, 1.41773
What it said to watch
Canada CPI Mon 12:30 UTC is the dominant catalyst and could materially shift this read
H1 close above 1.41827 extends the uptrend toward fresh highs
Loss of the 1.4156 day low and a close back below EMA(20) signals the first lower-high