USD/CAD AI Live Scan, 4-hour chart, Sunday, 26 July 2026
Every read JAFX AI made on the USD/CAD 4-hour chart that day, newest first: trend, structure, the levels it marked and what it said to watch.
21:03 UTC
Downtrend stalling, now ranging · RSI 53 · price 1.40944
Consolidation above a double bottom.
Price ground lower from the early-window 1.4240 area to a base at 1.4005, where demand stepped in twice to form a double bottom before recovering toward the 1.4110 range top. The pair is now consolidating in a 1.4000–1.4114 band, matching the tariff/soft-CPI CAD drag against firm oil-driven USD noted in the digest. EMA20 has curled back above EMA50 as the bounce matured, but ATR near 21 pips keeps the move contained rather than trending.
Support: 1.4005, 1.4000
Resistance: 1.4114, 1.4160
What it said to watch
H4 close above 1.4114 range top invalidates the range read
Failure to hold 1.4000 psych confirms a lower low and range break down
FOMC Jul 29 and Canada GDP Jul 31 could materially shift this read
Price rolled over from the 1.4247 highs into a steady multi-day downtrend, bottoming twice near the 1.4000 psych level before demand stepped in — a double-bottom base consistent with the digest's soft CAD CPI/tariff drag offset by firm oil. Since then USDCAD has ground back to 1.4094 and is now consolidating inside a 1.4000–1.4110 band, with EMA50 still capping overhead. ATR(14) has compressed toward ~22 pips as the range tightens.
Support: 1.4054, 1.4000
Resistance: 1.4110, 1.4150
What it said to watch
H4 close above the 1.4110 swing high opens the path to the 1.4150 range top
Loss of 1.4054 swing low reopens the 1.4000 psych / double-bottom base
Canada GDP Jul 31 12:30 UTC and next week's FOMC could break this range