USDCAD remains in a clean H4 uptrend, printing higher highs and higher lows since the 1.3773 base, with CAD the weakest major on hawkish-Fed bets, soft oil and BoC-Fed divergence. Price pushed to a fresh 14-month high at 1.42476 before pulling back to 1.42322; both EMAs sit well below price and RSI near 68 reflects stretched but not exhausted momentum. The 1.41 pivot and the 1.41437 swing low mark the nearest structural support.
Support: 1.41437, 1.4100
Resistance: 1.42476, 1.4300
What it said to watch
H4 close above 1.42476 opens the path toward the 1.43 round number
Loss of the 1.41 pivot would break the higher-low sequence
US Core PCE Thu 12:30 UTC could materially shift this read
USDCAD has carried a clean higher-high, higher-low sequence since the early-month base near 1.3773, with price pushing to fresh 14-month highs at 1.42476 on broad USD strength and a soft-CAD backdrop. ATR(14) is holding an expanded regime as the trend extends, and price sits above both EMA20 and EMA50. The 1.41 pivot has been the most recent demand shelf, while the 1.43-1.45 zone is the next overhead area to monitor.
Support: 1.41437, 1.4100
Resistance: 1.42476, 1.4300
What it said to watch
US Core PCE Thursday 12:30 UTC is the marquee USD input and could materially shift this read
A close above 1.42476 opens the path toward the 1.43-1.45 area
Failure to hold 1.41 would mark the first lower-low and challenge the uptrend
Clean higher-high/higher-low structure on H4, with price grinding to fresh highs at 1.42476 on the back of broad USD strength and CAD at multi-month lows. ATR(14) has expanded as the leg off the 1.40041 swing low accelerated, and both EMAs sit below price. Core PCE on Thursday is the next macro catalyst that could redefine the move.
Support: 1.4150, 1.4100, 1.40041
Resistance: 1.42476, 1.4300
What it said to watch
Core PCE Thu 12:30 UTC could materially shift this read
A sustained close above 1.43000 opens the path toward the 1.43-1.45 zone
Failure to hold the 1.41500 pivot support would threaten the higher-low sequence
A break below 1.41000 psych would undercut the uptrend
17:02 UTC
Uptrend, extending · RSI 68 · price 1.42372
Higher highs / higher lows intact.
Clean H4 uptrend: USDCAD has carved higher highs and higher lows since the 1.3953 base, with CAD pinned at 14-month lows on widening BoC-Fed divergence. Price broke above the 1.4200 round number and is pressing fresh highs at 1.42476, riding a rising channel with EMA20 and EMA50 stacked below. ATR is steady around 21 pips, consistent with a controlled trend rather than an exhaustion blow-off.
Support: 1.4200, 1.41437, 1.4150
Resistance: 1.42476, 1.4300
What it said to watch
US Core PCE Thu 12:30 UTC is the next dollar driver and could materially shift this read
Close back below 1.4200 round number would stall the breakout
Loss of 1.41437 swing low breaks the higher-low sequence
A close above 1.42476 opens the path toward the 1.4300 psych zone
USDCAD is grinding higher into 14-month highs, with an intact higher-high/higher-low sequence since the 1.41 round break carried price to a 1.4238 session high. The advance is driven by hawkish-Fed repricing and oil weakness — Monday's hot Canadian CPI failed to lift the Loonie, leaving the USD trend in control. ATR(14) near 21 pips reflects steady expansion rather than blow-off, with price holding well above both EMA20 and EMA50.
Support: 1.4157, 1.4100, 1.4140
Resistance: 1.4238
What it said to watch
H4 close below 1.4157 breaks the higher-low sequence
Loss of 1.41 round break shifts the read to a deeper pullback toward the 1.4140 nov peak
US Core PCE Thu 12:30 UTC could materially shift this read
13:02 UTC
Uptrend, extended · RSI 66 · price 1.42265
Higher highs, higher lows since early-month.
USDCAD grinds to fresh 14-month highs near 1.4238, with higher-low structure intact through the month as Fed-hike repricing and oil weakness keep the loonie pressured — Monday's hot Canadian CPI failed to lift CAD. Price holds well above both EMAs with steady, non-impulsive ATR, signalling a controlled trend rather than a blow-off. The 1.4150 prior November peak now sits as the nearest higher-low support.
Support: 1.4150, 1.4100
Resistance: 1.4238, 1.4300
What it said to watch
Sustained H4 close above 1.4238 opens the path toward the 1.4300 psych level
Close back below 1.4150 nov peak breaks the higher-low sequence
US Core PCE Thursday 12:30 UTC is the next major catalyst for the USD leg
USDCAD is grinding higher in a clean rising channel, printing higher highs and higher lows to fresh 14-month peaks near 1.4228 on hawkish-Fed repricing and soft oil. Price holds above both EMAs and ATR(14) sits in a moderate regime, consistent with a steady trend rather than a blow-off. Demand keeps stepping in on dips, with the 1.4250 round and 1.4280 psych areas the next levels overhead.
Support: 1.4144, 1.4130, 1.4100
Resistance: 1.4250, 1.4280
What it said to watch
US Core PCE Thursday could materially shift this read
H4 close back below 1.4144 swing low breaks the higher-low sequence
Loss of the 1.4100 psych level would invalidate the channel
09:02 UTC
Uptrend, extended · RSI 69 · price 1.42274
Higher highs and higher lows, pressing fresh highs.
USDCAD remains in a clean multi-week uptrend, posting higher highs and higher lows from the early-month 1.3773 base toward fresh 14-month highs near 1.4228 — driven by hawkish-Fed repricing and a soft Loonie despite hot Canadian CPI. Price holds well above both EMAs and ATR(14) has expanded as the rally extends, though RSI near 68 reflects stretched conditions. The 1.4150 prior peak now sits as the nearest structural support beneath spot.
Support: 1.4150, 1.4100, 1.4060
Resistance: 1.4228, 1.4250, 1.4300
What it said to watch
Sustained H4 close below 1.4150 nov peak would break the higher-low structure
Acceptance above 1.4250 round number opens path toward 1.4300
US Core PCE Thu 25 Jun 12:30 UTC is the primary catalyst and could materially shift this read
05:02 UTC
Uptrend, extended · RSI 68 · price 1.42143
Higher highs and higher lows since early-month base.
USDCAD remains in a clean H4 uptrend, printing higher highs and higher lows into 14-month highs near 1.4224 as the hawkish-Fed/dovish-BoC divergence and soft oil keep CAD the weakest major. Price sits above both EMA20 and EMA50 with the run extended and RSI pressing toward overbought. The 1.4150 former Nov peak now acts as the nearest support shelf beneath the advance.
Support: 1.4150, 1.4100
Resistance: 1.4224, 1.4250, 1.4285
What it said to watch
Sustained H4 close above 1.4224 opens the path toward 1.4250 and 1.4285
Failure to hold 1.4150 support shelf would mark the first lower-low of the run
Thursday US Core PCE (12:30 UTC) could materially shift this read
05:02 UTC
Uptrend, extending · RSI 66 · price 1.42143
Higher highs and higher lows since mid-month.
USD/CAD prints higher highs and higher lows since the mid-month surge off 1.4025, now at 14-month highs near 1.4224 on the hawkish-Fed/dovish-BoC divergence and soft oil. Price holds well above EMA20 and EMA50 with ATR(14) steady, consistent with a trend extending rather than exhausting. RSI in the mid-60s is elevated but not yet stretched into overbought.
Support: 1.4144, 1.4100, 1.4025
Resistance: 1.4224, 1.4250
What it said to watch
Sustained move above 1.4224 opens the path toward the 1.4250 objective
Break below 1.4144 nov peak shelf threatens the higher-low structure
US Core PCE Thursday 12:30 UTC could materially shift this read
01:02 UTC
Uptrend, extended · RSI 71 · price 1.42126
Higher highs and higher lows since early-month base.
USDCAD remains in a clean uptrend, printing fresh 14-month highs near 1.4217 as a hawkish-Fed vs BoC-patience divergence and soft oil keep CAD the weakest major despite this week's hot Canadian CPI. Price holds above both EMA20 and EMA50 with sequential higher lows, the latest at 1.4144. The tape is stretched into territory just above the prior 1.4150 peak, with SocGen upside objectives at 1.4250 then 1.4285 overhead.
Support: 1.4144, 1.4150, 1.4070
Resistance: 1.4217, 1.4250, 1.4285
What it said to watch
H4 close below 1.4144 breaks the higher-low sequence
Loss of 1.4150 prior-peak shelf would neutralise the breakout
Thu Core PCE (12:30 UTC) could materially shift this read
Resistance at 1.4250 — area to watch for rejection or break
01:02 UTC
Uptrend, extended · RSI 71 · price 1.42126
Higher highs and higher lows, fresh 14-month highs.
USDCAD is in a clean H4 uptrend, printing successive higher highs to fresh 14-month highs near 1.4217 on the hawkish-Fed vs BoC-hold divergence; CAD shrugged off the hot CPI beat. The breakout above the 1.4193 prior high has held as the move extended, with ATR(14) expanding as price runs. RSI elevated near overbought territory shows the leg is stretched.
Support: 1.4193, 1.4150, 1.4070
What it said to watch
Loss of 1.4193 would mark the first lower high since the breakout
Failure to hold 1.4150 swing low confirms a deeper corrective dip
Core PCE Thu 12:30 UTC could materially shift this read
Oil rebound is the key risk to CAD weakness driving this trend