USD/CAD AI Live Scan, 15-minute chart, Wednesday, 29 July 2026

Every read JAFX AI made on the USD/CAD 15-minute chart that day, newest first: trend, structure, the levels it marked and what it said to watch.

23:46 UTC

Downtrend post-FOMC, now consolidating · RSI 41 · price 1.40378

Range floor broken, basing near session lows.

The FOMC hold triggered a USD sell-off, snapping USDCAD below its week-old floor at 1.4060 and driving it to 1.4023 in the NY session. Price recovered to 1.40574 before rolling over; thin late-session flow has left it consolidating around 1.4038, back toward the session low.

Support: 1.4032, 1.4023

Resistance: 1.40574, 1.4060

What it said to watch

  • Reclaim of 1.4060 prior floor would negate the downside break
  • Failure to hold 1.4032 session low opens 1.4023 spike low
  • Thu 12:30 GMT Core PCE/GDP cluster could materially shift this read

23:46 UTC

Downtrend, momentum stalling · RSI 43 · price 1.40408

Range break lower, now coiling.

NY session broke below the week-old 1.4060 range floor after the Fed hold softened USD, selling to 1.4023 before a bounce to 1.4057. Price is now coiled tight around 1.404 into late US hours with RSI in the mid-40s and volatility collapsing.

Support: 1.40316, 1.4023

Resistance: 1.40574, 1.4060

What it said to watch

  • Reclaim of 1.4060 would negate the breakdown and put price back inside the prior range
  • Close below 1.4023 confirms a fresh lower low
  • US Core PCE/GDP Thu 12:30 UTC is the key post-FOMC test that could break this coil

23:31 UTC

Downtrend, now consolidating at lows · RSI 43 · price 1.40408

Range break lower, basing.

FOMC's plain hold triggered a USD unwind in NY hours, dropping USDCAD through the week-old 1.4060 range floor to 1.40230. Price has since based between 1.4032 and 1.4046 through the quiet Asia session, with a rejected bounce capped at 1.40574.

Support: 1.4023, 1.4032

Resistance: 1.40574, 1.4060

What it said to watch

  • Reclaim above 1.40600 would negate the range break
  • Failure below 1.40230 confirms a fresh lower low
  • Core PCE/GDP Thu 12:30 UTC could materially shift this read

23:31 UTC

Downtrend, consolidating post-FOMC · RSI 40 · price 1.40381

Broke week-old range support, now basing near 1.4040.

USDCAD broke week-old range support near 1.4060 on the FOMC hold, dropping into 1.4032 before a bounce stalled at 1.40574. Price is now drifting lower in the thin Asia session around 1.4040, RSI(14) mid-30s after the washout.

Support: 1.40316, 1.4023

Resistance: 1.40574, 1.40635

What it said to watch

  • Loss of 1.40316 swing low confirms continuation of the downtrend
  • Reclaim of 1.40574 swing high would neutralise the range break
  • Core PCE/GDP cluster Thu 12:30 UTC is the key post-FOMC test and could reset this read

23:16 UTC

Downtrend, consolidating post-FOMC · RSI 41 · price 1.40381

Range floor broken, basing near lows.

The FOMC hold triggered a sharp NY-session drop from 1.4090 through the week-old 1.4060 range floor to a 1.40230 session low. Price has since based in a tight 1.4030-1.4057 band through low-volume Asia hours, holding below the bounce high at 1.40574.

Support: 1.40337, 1.4023

Resistance: 1.40574, 1.4050

What it said to watch

  • Reclaim of 1.40574 bounce high would negate the downside break
  • Loss of 1.40337 recent low reopens the 1.40230 session low
  • Thu 12:30 UTC Core PCE/GDP cluster could materially shift this read

23:16 UTC

Downtrend after FOMC drop, now flat · RSI 42 · price 1.40392

Broke week-old range base, consolidating at lows.

USDCAD dumped from ~1.4090 to a 1.4023 session low on the FOMC hold as the USD softened, breaking the week-old range base near 1.4060. Price has since drifted flat between 1.4039 and 1.4045 in thin late-session trade, RSI(14) recovering into the mid-40s.

Support: 1.4023, 1.4000

Resistance: 1.40574, 1.4060

What it said to watch

  • Reclaim of 1.4060 range base invalidates the downside break
  • Thu 12:30 UTC Core PCE / advance GDP is the key post-FOMC test and could reprice this quickly
  • Loss of 1.4023 session low opens a probe toward 1.4000 psych

23:02 UTC

Downtrend, consolidating after drop · RSI 43 · price 1.40392

Broke week-old range base, basing above session low.

USDCAD sold off through the week-old range base at 1.4060 into the FOMC hold, printing a session low at 1.4023 before a bounce to 1.4057. Price has since gone flat around 1.4039 in thin late-NY/Asia trade, holding below the broken 1.4060 base.

Support: 1.4032, 1.4023

Resistance: 1.4057, 1.4060

What it said to watch

  • Reclaim of 1.4060 would negate the downside range break
  • Close below 1.4023 confirms a fresh lower low
  • Thu 12:30 UTC Core PCE/GDP cluster could materially shift this read

23:01 UTC

Downtrend, momentum stalling · RSI 40 · price 1.40392

Broke range floor, now consolidating near lows.

Post-FOMC selling drove a clean break below the week-old range floor at 1.4060, dropping to 1.4023 through the NY afternoon. Price is now consolidating around 1.4040 in a thin Asia session, holding below the broken floor with RSI(14) mid-40s.

Support: 1.4032, 1.4023

Resistance: 1.4047, 1.40574, 1.4060

What it said to watch

  • M15 reclaim above 1.4060 invalidates the breakdown read
  • Failure to hold 1.4032 opens the 1.4023 session low
  • Core PCE/GDP Thu 12:30 UTC is the key risk that could reshape this read

22:46 UTC

Downtrend after FOMC break, consolidating at lows · RSI 41 · price 1.40408

Range break lower, basing 1.4032-1.4057.

USD/CAD broke the week-old range floor near 1.4060 on the plain FOMC hold, dropping to a 1.4023 low as the dollar unwound stretched longs. Price has since based between 1.4032 and the 1.40574 bounce high, drifting lower on thin late-Asia volume with RSI(14) recovering off the sell-off.

Support: 1.40316, 1.4023, 1.4000

Resistance: 1.40574, 1.4063

What it said to watch

  • Reclaim of 1.4060 range floor would invalidate the downside break
  • Failure to hold 1.40316 session low opens the 1.4000 round number
  • Thu 12:30 UTC Core PCE/GDP cluster could materially shift this read

22:31 UTC

Downtrend, momentum slowing near lows · RSI 39 · price 1.4041

Broke week-old range base, consolidating above session low.

USDCAD sold through the week-old range base at 1.4060 after the Fed held rates and the dollar eased, bottoming near 1.4032. Price is now consolidating in the low 1.4040s with RSI recovering off the selloff extreme; bounce attempts have stalled below 1.4057.

Support: 1.4032, 1.4023

Resistance: 1.4057, 1.4060

What it said to watch

  • A close back above 1.4060 range base negates the downside break
  • Loss of 1.4032 session low confirms continuation lower
  • Thu 12:30 UTC Core PCE/GDP cluster could materially shift this read

22:16 UTC

Downtrend after range break · RSI 41 · price 1.40438

Broke below week-old range, consolidating near lows.

The FOMC hold at 18:00 UTC triggered a sharp leg down through the week-old range support at 1.4060, printing a 1.40316 session low. Price has since stabilised in a tight 1.4040-1.4050 band with RSI(14) recovering off oversold; the broken 1.4060 shelf now caps from above.

Support: 1.40316, 1.4023

Resistance: 1.40574, 1.4060

What it said to watch

  • M15 close back above 1.40600 invalidates the range-break read
  • Failure to hold 1.40316 opens the path toward 1.40230
  • Thu 12:30 UTC Core PCE/GDP cluster could materially shift this read

22:02 UTC

Downtrend after range break, stabilising · RSI 41 · price 1.40438

Broke week-old range floor, consolidating near lows.

Post-FOMC break below the week-old 1.4060 range floor; pair sold to a 1.4023 session low then stabilised around 1.4044 in thin Asia trade. RSI(14) recovered off lows near 41, price holding below EMA20/50 with only a shallow retrace of the drop.

Support: 1.4023

Resistance: 1.40574, 1.4060

What it said to watch

  • Close back above 1.4060 range floor negates the breakdown
  • Break below 1.4023 session low extends the move
  • US Core PCE/GDP Thu 12:30 UTC is the next major driver

22:02 UTC

Downtrend, consolidating after break · RSI 42 · price 1.40438

Broke below week-old range, basing in lower zone.

USD/CAD broke below its week-old 1.4060 floor on the FOMC hold as the dollar softened, spiking down to a 1.4023 session low before a bounce to 1.4057. Price now consolidates around 1.4044, holding below the broken range floor.

Support: 1.4032, 1.4023

Resistance: 1.4057, 1.4060

What it said to watch

  • Reclaim of 1.4060 would negate the downside break
  • Failure to hold 1.4023 opens further downside
  • Thu 12:30 UTC Core PCE / GDP cluster could materially shift this read

21:46 UTC

Downtrend, stabilising after drop · RSI 39 · price 1.40395

Range break lower, consolidating below floor.

NY session broke the week-old range floor at 1.4060 around 18:15 UTC following the FOMC hold and softer USD, cratering to 1.4023 before a bounce stalled at 1.4057. Price has faded back to 1.40395 on thin late-session volume, holding under the broken floor with RSI(14) recovering off oversold.

Support: 1.40316, 1.4023

Resistance: 1.40574, 1.4060

What it said to watch

  • Reclaim of 1.4060 negates the range break and returns price into the prior range
  • Failure to hold 1.4032 opens the path back toward 1.4023
  • Thu 12:30 UTC Core PCE / GDP cluster could materially shift this read

21:31 UTC

Downtrend, off the lows · RSI 42 · price 1.40395

Broke week-old range floor, bounce rejected.

USDCAD sliced through the week-old range floor near 1.4060 into the late NY session, dropping to 1.4023 as the dollar squeezed lower post-FOMC. The bounce stalled at 1.40574 — a retest of the broken floor — and price is drifting back toward the 1.40316 swing low on thin end-of-session volume.

Support: 1.40316, 1.4023

Resistance: 1.40476, 1.40574, 1.4060

What it said to watch

  • Reclaim of 1.4060 floor would invalidate the breakdown
  • Core PCE / GDP at 12:30 UTC tomorrow could reset this range
  • Loss of 1.40316 opens a path back to the 1.4023 low

21:31 UTC

Downtrend, stabilising after breakdown · RSI 42 · price 1.40447

Broke below week-old range floor, basing above session low.

USDCAD sold off through the NY session, slicing the week-old range floor near 1.4060 down to 1.4032 as the dollar softened after the FOMC hold. Price has since based between the session low and the reclaimed 1.4057 bounce high, with RSI(14) recovering off the lows near 42.

Support: 1.40316, 1.4023

Resistance: 1.40574, 1.40605

What it said to watch

  • Reclaim above 1.4060 would invalidate the breakdown and put price back inside the prior range
  • Failure to hold 1.4032 opens the path to the 1.4023 day low
  • US Core PCE / GDP cluster Thu 12:30 UTC could materially shift this read

21:16 UTC

Downtrend after breakdown, stabilising · RSI 41 · price 1.40447

Broke week-old range floor, consolidating below.

USDCAD sold off sharply around the FOMC hold as the dollar softened into month-end squaring, slicing through the week-old 1.4060 range floor and printing 1.4023 before bouncing to 1.4057. Price now consolidates near 1.4045 below broken support; RSI recovering off oversold and ATR elevated near 110 pips reflects the post-FOMC surge.

Support: 1.40316, 1.4023

Resistance: 1.40574, 1.4060

What it said to watch

  • Reclaim of 1.4060 prior support would negate the breakdown
  • Loss of 1.40316 range low opens the 1.4023 spike low
  • Core PCE / GDP Thu 12:30 UTC could materially shift this read

21:16 UTC

Downtrend, stabilising after break · RSI 37 · price 1.40447

Post-FOMC breakdown below range, now consolidating.

USD softened into the FOMC hold and USDCAD sliced through the week-old range floor at 1.4060, printing a session low of 1.40316 before a bounce to 1.40574. Price is now consolidating around 1.4045 with RSI(14) recovering from the lows; the prior range floor at 1.4060 has flipped to resistance.

Support: 1.40316, 1.4023

Resistance: 1.40574, 1.4060

What it said to watch

  • Reclaim above 1.4060 range floor would negate the breakdown read
  • Loss of 1.40316 session low opens the 1.4023 spike low
  • Thu 12:30 UTC US Core PCE/GDP cluster could materially shift this read

21:03 UTC

Downtrend, recovery attempt · RSI 43 · price 1.40461

Range floor broken, bounce off lows.

USDCAD sliced through the week-old range floor at 1.4060 during the NY session as the dollar softened post-FOMC hold, printing a session low at 1.4032. Price rebounded to 1.4057 then stalled, now consolidating around 1.4046 with the broken floor acting as overhead resistance.

Support: 1.4032, 1.4040

Resistance: 1.4057, 1.4060

What it said to watch

  • Reclaim and M15 close above 1.4060 negates the range break
  • Loss of 1.4032 session low confirms continuation lower
  • Thu 12:30 UTC US Core PCE / GDP cluster could reprice the pair

21:02 UTC

Downtrend after range break · RSI 39 · price 1.40461

Broke week-old range floor, consolidating below.

NY session drove a sharp break below the week-old range floor at 1.4060 as the dollar softened post-FOMC, tagging a low at 1.4023. Price is now consolidating 1.4032-1.4057, with the former range floor at 1.4060 flipping to resistance.

Support: 1.4032, 1.4023

Resistance: 1.4057, 1.4060

What it said to watch

  • M15 close back above 1.4060 invalidates the breakdown read
  • Failure to hold 1.4032 opens a retest of the 1.4023 session low
  • US Core PCE/GDP Thu 12:30 UTC could materially shift this read

20:46 UTC

Sharp downtrend, stabilising near lows · RSI 42 · price 1.4049

Range break lower, consolidating above session low.

The FOMC hold triggered a USD leg lower into NY hours, breaking the week-old 1.4060 floor and driving USDCAD from 1.4090 to a 1.4023 spike low, RSI cooling into the low 40s. Price has since retraced to 1.4049 and is consolidating below the broken range floor, now acting as resistance around 1.4057.

Support: 1.4032, 1.4023

Resistance: 1.4057, 1.4090

What it said to watch

  • Reclaim of 1.4060 would negate the breakdown and restore the prior range
  • Failure to hold 1.4023 confirms extension of the lower-low sequence
  • Thu 12:30 UTC Core PCE/GDP cluster could materially shift this read

20:46 UTC

Downtrend after FOMC break · RSI 43 · price 1.40505

Range break below 1.4060, bouncing off session low.

NY session broke hard below the week-old range floor at 1.4060 as the Fed's hawkish hold was sold and USD unwound, driving price to a 1.4032 session low. A sharp bounce back to 1.4057 has stalled just under the old range floor, RSI(14) recovering from oversold into the low-40s.

Support: 1.4032, 1.4000

Resistance: 1.4057, 1.4060

What it said to watch

  • Reclaim and M15 close above 1.4060 negates the range break
  • Failure to hold 1.4032 opens the path toward the 1.4000 round number
  • US Core PCE / GDP cluster Thu 12:30 UTC could reset this read

20:31 UTC

Downtrend, bouncing off lows · RSI 43 · price 1.40505

Sharp break lower, now retracing.

NY session FOMC hold triggered a sharp USD/CAD flush from ~1.4090 to the 1.4023 spike low, then a recovery to 1.4050 — roughly a 38% retrace of that leg. RSI(14) has cooled back to the mid-40s from post-drop lows; price now stalling under the 1.40574 bounce high.

Support: 1.40316, 1.4023

Resistance: 1.40574, 1.40905

What it said to watch

  • Reclaim of 1.40574 opens the path back toward 1.40905
  • Failure to hold 1.40316 exposes the 1.40230 spike low
  • Core PCE/GDP Thu 12:30 UTC could materially shift this read

20:31 UTC

Downtrend, bouncing off lows · RSI 40 · price 1.40493

Range break lower, swept session low then reclaim attempt.

USDCAD broke sharply lower into the NY afternoon as the USD sold off following the Fed's hawkish-hold, tagging 1.4023 before buyers stepped in. Price is now recovering toward the 1.40574 bounce high, still well below EMA20/50 after the drop.

Support: 1.40316, 1.4023

Resistance: 1.40574

What it said to watch

  • Reclaim above 1.40574 would neutralise the downside break
  • Loss of 1.40230 confirms a fresh lower low
  • Thu 12:30 UTC US PCE/GDP cluster is the next major USD driver

20:16 UTC

Downtrend, bounce underway · RSI 41 · price 1.40493

Fresh lower low, corrective bounce.

NY-session post-FOMC USD sell-off dumped USDCAD ~65 pips to 1.40230, breaking the day's 1.409 base as USD longs unwound the hawkish-hold. Price bounced to 1.40574 and was rejected, now hovering near 1.40490 with RSI recovering from oversold.

Support: 1.4023, 1.40316

Resistance: 1.40574, 1.4090

What it said to watch

  • M15 close below 1.40230 confirms a lower low
  • Reclaim of 1.40574 needed to challenge the 1.409 breakdown zone
  • Core PCE/GDP Thu 12:30 UTC could materially shift this read

20:16 UTC

Downtrend, bouncing off lows · RSI 44 · price 1.40558

Range break lower, corrective bounce underway.

USDCAD held a tight 1.4085–1.4106 range through Asia and London before breaking down at the 21:00 broker-time FOMC hold, sweeping to a session low at 1.4023. Price is now retracing that drop, printing 1.40574 into the NY close with RSI(14) lifting off oversold.

Support: 1.4023, 1.4032

Resistance: 1.40574, 1.4085, 1.4100

What it said to watch

  • Reclaim of 1.4085 breakdown zone would neutralise the range break
  • Failure to hold 1.4023 confirms continuation to a lower low
  • Thu 12:30 GMT Core PCE / GDP cluster could materially shift this read

20:02 UTC

Downtrend, sharp post-FOMC leg lower · RSI 41 · price 1.40558

Range break down, lower lows into a bounce.

USDCAD broke down out of its 1.4090-1.4106 range during the NY session, dropping to a 1.40230 session low as the Fed's in-line hold at 3.75% undercut stretched USD longs. Price has since bounced to 1.40574, but sits well below EMA20/50 with the pre-drop 1.40900 shelf now acting as resistance.

Support: 1.4023, 1.4032

Resistance: 1.40574, 1.4090

What it said to watch

  • Reclaim above 1.40900 pre-drop shelf invalidates the breakdown read
  • Loss of 1.40230 session low confirms continuation of lower lows
  • Thu 12:30 GMT Core PCE / GDP cluster could materially shift this read

20:01 UTC

Downtrend, sharp breakdown · RSI 40 · price 1.40558

Range break lower, oversold bounce.

NY session snapped a day-long 1.4090–1.4100 range, dumping to 1.4023 as the Fed's in-line hold triggered broad USD selling and firmer crude backed the Loonie. RSI(14) hit oversold on the flush; price has since bounced to 1.4056 but sits well below the broken range.

Support: 1.4032, 1.4023

Resistance: 1.4077, 1.4090

What it said to watch

  • Reclaim above 1.4090 would invalidate the breakdown
  • Failure to hold 1.4032 reopens the 1.4023 session low
  • Thu 12:30 GMT US Core PCE / GDP cluster could shift this read

19:46 UTC

Downtrend, sharp break lower · RSI 34 · price 1.40403

Impulsive drop, lower lows into NY.

USD/CAD broke sharply lower during the NY session after the Fed held at 3.75%, sliding from 1.4090 to a session low of 1.4023, RSI(14) pressed into oversold. A shallow bounce to 1.4040 is underway but the 1.4056 swing high caps the recovery so far.

Support: 1.4023, 1.4020

Resistance: 1.4056, 1.4090

What it said to watch

  • M15 close back above 1.4056 would repair the downside break
  • Failure to hold 1.4023 confirms continuation of lower lows
  • Thu 12:30 GMT Core PCE/GDP cluster could materially shift this read

19:46 UTC

Downtrend, impulsive leg lower · RSI 29 · price 1.40408

Range breakdown, fresh session low.

USDCAD chopped in a 1.4090-1.4106 band through Asia and London before an impulsive NY-session breakdown post-FOMC hold, where a softer USD dragged price to a session low of 1.4023. RSI(14) is oversold near 29 and price has bounced modestly to 1.4040 without reclaiming the broken 1.4090 range base.

Support: 1.4023, 1.4000

Resistance: 1.40571, 1.4090

What it said to watch

  • Reclaim above 1.40571 swing high would ease the breakdown read
  • Failure to hold 1.4023 session low extends the leg lower
  • US Core PCE / GDP Thu 12:30 GMT could reprice this move

19:31 UTC

Downtrend, sharp impulsive leg · RSI 22 · price 1.40408

Breakdown from range, fresh lower lows.

USDCAD sold off hard into the NY session, breaking the 1.4090 shelf that had capped price all day after the FOMC hold undercut stretched USD longs. Five red M15 bars drove RSI(14) to ~22 with price parked just off the 1.4023 session low; momentum extended, no reversal signal yet.

Support: 1.4023, 1.4032

Resistance: 1.4057, 1.4090

What it said to watch

  • Reclaim above 1.4057 would neutralise the breakdown leg
  • Loss of 1.4023 confirms continuation lower
  • Thu Core PCE + Q2 GDP (12:30 GMT) could reset this read

19:31 UTC

Downtrend, impulsive breakdown · RSI 21 · price 1.40302

Range broke lower, fresh lower lows.

USDCAD broke sharply out of its 1.4085–1.4100 NY range after the Fed held at 3.75%, dropping to a session low of 1.40300 with RSI(14) pressed into oversold near 20. The move is impulsive and still extending; price is trading well below EMA20/50.

Support: 1.4030, 1.4000

Resistance: 1.4056, 1.4090

What it said to watch

  • Reclaim above 1.40560 would signal the breakdown is fading into a retest
  • Break below 1.40000 psych opens further downside
  • Thu Core PCE / GDP cluster could materially shift this read

19:16 UTC

Sharp downdraft, extended · RSI 20 · price 1.40375

Range break lower, new session low.

USD/CAD sliced sharply lower after the FOMC hold, collapsing out of the 1.4090 range floor to a session low at 1.40361 in the final hour. RSI(14) is deeply oversold near 20 and ATR is elevated on the spike, so the move is stretched.

Support: 1.40361, 1.4000

Resistance: 1.40559, 1.4090

What it said to watch

  • Reclaim of 1.40559 would ease the breakdown pressure
  • Sustained trade below 1.40361 extends the down-leg toward 1.4000
  • Thu Core PCE / GDP cluster and BoC minutes could reshape this read

19:01 UTC

Sharp downtrend, momentum extended · RSI 23 · price 1.40375

Impulsive breakdown, fresh lower lows.

USDCAD collapsed through the 1.4090 base into the NY session on the Warsh presser as stretched dollar longs unwound, printing four straight bearish bars to 1.40375. RSI(14) is oversold near 22 and ATR is expanding, so this is a fast, one-directional move rather than a range.

Support: 1.40361, 1.4000

Resistance: 1.40559, 1.4090

What it said to watch

  • Reclaim of 1.40559 would ease the breakdown pressure
  • 1.40000 psych level is the next downside area to watch for reaction
  • Q2 GDP and Core PCE Thu 12:30 UTC could materially shift this read

18:46 UTC

Sharp break lower, momentum extended · RSI 25 · price 1.40613

Range break to fresh session low.

USDCAD collapsed out of the 1.4084–1.4106 NY range, printing 1.40601 as the Fed hold and Warsh presser triggered a USD long unwind. RSI(14) sits oversold near 25 with price well below EMA20/50; 1.40844 flipped to resistance on the break.

Support: 1.40601, 1.4050

Resistance: 1.40844, 1.40905

What it said to watch

  • Reclaim above 1.40844 negates the range-break read
  • Failure to hold 1.40601 confirms continuation lower
  • Thu 12:30 UTC US Q2 GDP / Core PCE could reshape this move

18:31 UTC

Sharp downside break, momentum extended · RSI 27 · price 1.40613

Range broken lower, new session low.

USDCAD collapsed out of its 1.4085–1.4105 range on the Warsh press conference, printing a 28-pip red bar as stretched USD longs unwound into a session low at 1.40601. RSI(14) is oversold near 27 and price sits well below EMA20/50; the broken 1.4090 range floor now caps as resistance.

Support: 1.40601, 1.4050

Resistance: 1.4090, 1.4100

What it said to watch

  • Reclaim of the broken range floor at 1.4090 would neutralise the breakdown
  • Failure to hold 1.40601 opens the path toward 1.4050
  • Ongoing Warsh presser can materially extend or reverse this move

18:31 UTC

Range broken to downside · RSI 31 · price 1.40631

Sharp break below the intraday range floor.

Price chopped in a 1.40770–1.41060 range through the session, then dropped hard to 1.40627 on the FOMC/Warsh reaction as the dollar sagged post-hold. The move sliced clean through the 1.40900 range floor, RSI(14) into the low 30s.

Support: 1.40627, 1.4050

Resistance: 1.4090, 1.4106

What it said to watch

  • Reclaim of 1.40900 would negate the breakdown and put price back inside the range
  • Warsh presser and Thu 12:30 UTC US GDP / Core PCE could materially extend or reverse this leg

18:16 UTC

Range broke lower on FOMC · RSI 32 · price 1.4064

Range broken, fresh session low printed.

USDCAD chopped in a 1.4085–1.4105 band through the NY session before the 18:00 GMT FOMC decision knocked price sharply through the range to a session low at 1.4063. The final bar's spike lower puts price well below EMA20/50 with RSI(14) cooling into the low 30s.

Support: 1.4063, 1.4060

Resistance: 1.4090, 1.4105

What it said to watch

  • Reclaim of 1.4090 broke level would invalidate the breakdown read
  • FOMC press conference volatility can extend or reverse this move within the next bar
  • Failure to hold 1.4060 support confirms continuation lower

18:01 UTC

Downturn, sharp break lower · RSI 34 · price 1.4064

Range broken to the downside on FOMC.

USDCAD held a tight 1.4085-1.4099 range for hours then dropped hard on the 18:00 GMT FOMC print, tagging 1.4063 and breaking below the 1.4077 session base. Move coincides exactly with the Fed decision; ATR(14) still reads ~7 pips so this single bar is a large outlier and price is unwound from the pre-event coil.

Support: 1.4060, 1.4040

Resistance: 1.4077, 1.4090, 1.4099

What it said to watch

  • FOMC press conference at 18:30 GMT can extend or reverse this move sharply
  • Reclaim above 1.4077 negates the breakdown and restores the prior range
  • Failure to hold 1.4060 opens the 1.4040 area

18:01 UTC

Downtrend, sharp breakdown · RSI 32 · price 1.4064

Range floor broken to the downside.

Price coiled 1.4085–1.4110 through the session then dropped hard to 1.4064 on the 18:00 GMT FOMC, breaking the range floor. The move stalls right on Scotiabank's 1.4060 support with RSI(14) near 32.

Support: 1.4060

Resistance: 1.4090, 1.4115

What it said to watch

  • FOMC press conference at 18:30 GMT can extend or reverse this move
  • M15 close back above 1.4090 invalidates the breakdown
  • Failure to hold 1.4060 confirms a lower-low toward 1.4050

17:46 UTC

Downtrend, now consolidating · RSI 48 · price 1.40925

Range near session lows after sell-off.

USDCAD sold off from 1.4106 into a 1.4077 session low during NY hours, then stabilised into a tight 1.4084–1.4099 consolidation as USD demand faded pre-Fed. Price sits mid-range at 1.4092 with RSI back to neutral; structure is coiled ahead of the FOMC catalyst.

Support: 1.4084, 1.4077

Resistance: 1.4100, 1.41059

What it said to watch

  • FOMC decision at 18:00 GMT (~15m out) will override this range read
  • M15 close below 1.4077 confirms a fresh lower-low
  • Reclaim of 1.4100 psych opens the swing high at 1.4106

17:31 UTC

Downtrend, stabilising · RSI 49 · price 1.40934

Range after down-leg, holding above session low.

USDCAD sold off from 1.4111 toward a 1.4077 session low, then twice held that area and recovered into a 1.4084–1.4099 range as pre-Fed USD demand faded and firmer crude supported CAD. Price now sits mid-range near 1.4093 with RSI(14) flat around 49 — no directional edge into the FOMC.

Support: 1.4084, 1.4077

Resistance: 1.4099, 1.4111

What it said to watch

  • FOMC statement at 18:00 GMT is the dominant catalyst and will likely override this intraday range
  • M15 close below 1.4077 confirms a lower low
  • Close above 1.4099 reopens the 1.4111 range high

17:16 UTC

Ranging, no clear direction · RSI 49 · price 1.40949

Consolidation after session-low sweep.

USDCAD dipped to a session low of 1.40770 during NY hours before buyers stepped in, price now coiling in a tight 1.4090–1.4099 range. RSI(14) neutral near 49 with pre-Fed positioning flattening the tape ahead of the 18:00 GMT FOMC.

Support: 1.4084, 1.4077

Resistance: 1.4099, 1.4111

What it said to watch

  • FOMC decision at 18:00 GMT and BoC Summary at 17:30 GMT are imminent catalysts that can break this range
  • Close above 1.40990 reopens the 1.41110 prior high
  • Loss of 1.40770 session low confirms a lower-low

17:02 UTC

Consolidating, recovered off session low · RSI 53 · price 1.40949

Range-bound, higher lows since low.

USDCAD sold off to a session low of 1.40770 during NY hours, then carved higher lows back toward the 1.40990 session high; price now consolidates near 1.40949, roughly the 62% retrace of that drop. RSI(14) neutral around 53 — no momentum extreme in play with FOMC roughly an hour out.

Support: 1.4077, 1.4086

Resistance: 1.4099, 1.4105

What it said to watch

  • FOMC statement at 18:00 GMT (~1h) is the dominant catalyst and can override this structure
  • M15 close above 1.40990 opens the path to 1.41050
  • Failure to hold 1.40770 confirms a lower low

17:02 UTC

Recovery off session low, momentum flat · RSI 53 · price 1.40949

Consolidating below 1.4100 after bounce from 1.4077.

NY session; USDCAD recovered from the 1.4077 session low back to ~1.4095, forming a double bottom and consolidating just under the 1.4100 round number. RSI(14) mid-range near 53, no directional extreme, with price idling into the Fed.

Support: 1.4077, 1.4084

Resistance: 1.4100, 1.4111

What it said to watch

  • BoC Summary of Deliberations at 17:30 UTC and FOMC at 18:00 UTC are imminent catalysts that could break this consolidation
  • M15 close above 1.4100 opens the path back toward the 1.4110 prior high
  • Loss of 1.4077 session low confirms a lower low

16:46 UTC

Recovering off session low, ranging · RSI 52 · price 1.40934

Range with a swept low reclaimed.

NY session bounced off the 1.4077 session low, buyers stepping in twice near 1.4078-1.4084, price back to ~1.4093 and mid-range. RSI(14) neutral near 52; move is pre-FOMC de-risking noise rather than trend.

Support: 1.4077, 1.40844

Resistance: 1.41016, 1.41059

What it said to watch

  • FOMC decision 18:00 GMT + presser 18:30 GMT within the next bars — dominant catalyst, can override this range read
  • BoC Summary of Deliberations 17:30 UTC — CAD-side risk
  • M15 close below 1.4077 confirms a lower-low; close above 1.4102 reopens the range top

16:31 UTC

Downtrend, corrective bounce · RSI 50 · price 1.40919

Range after false break of session low.

USD/CAD drifted lower through the session into the FOMC, printing a false break of the session low at 1.4077 before recovering to 1.4092. Price now ranges below the 1.4105 prior high with RSI(14) neutral near 50.

Support: 1.4077, 1.4060

Resistance: 1.4105, 1.4111

What it said to watch

  • FOMC decision 18:00 GMT + BoC Summary 17:30 GMT could materially shift this read
  • M15 close below 1.4077 session low reopens downside toward 1.4060 scotia supp
  • Reclaim of 1.4105 prior high needed to challenge the 1.4111 day high

16:16 UTC

Mild downtrend, drifting into FOMC · RSI 44 · price 1.40875

Lower highs, session low at 1.40770 then bounce.

USD/CAD drifted lower through NY hours into the FOMC, tagging a session low at 1.40770 before a shallow bounce, now consolidating near 1.4088 below EMA20. RSI sits mid-40s with lower highs capping at 1.40950 as the market de-risks ahead of the decision.

Support: 1.4077, 1.4084

Resistance: 1.4095

What it said to watch

  • FOMC statement/rate decision ~2h away is the dominant catalyst and can override this read
  • M15 close below 1.40770 confirms a fresh lower low
  • Reclaim of 1.40950 negates the lower-high sequence

16:01 UTC

Downtrend, stabilising · RSI 45 · price 1.40875

Leg lower into 1.4077, small bounce.

NY session drifted lower for a second day on rebounding oil, tapping 1.40770 before buyers stepped in twice around that level. Price now consolidating 1.4077–1.4092 below EMA20/50, RSI(14) mid-40s. FOMC at 18:00 GMT is the dominant catalyst roughly two hours out.

Support: 1.4077, 1.4060

Resistance: 1.4092, 1.41054, 1.4115

What it said to watch

  • FOMC in ~2h will override the intraday read
  • M15 close back above 1.40920 targets the 1.41054 session high
  • Loss of 1.40770 confirms a lower-low toward 1.4060

16:01 UTC

Downtrend, momentum stabilising · RSI 44 · price 1.40875

Lower-low at 1.4077, now consolidating.

USDCAD drifted lower through the NY session, printing a session low at 1.4077 on the oil-driven CAD bid before a shallow bounce that stalled below 1.4095. Price now chops in a tight 1.4084-1.4095 band, RSI(14) recovering off oversold but still sub-50.

Support: 1.4077, 1.4060

Resistance: 1.4095, 1.4110, 1.4115

What it said to watch

  • FOMC at 18:00 GMT (~2h) is the dominant catalyst and could override this range read
  • M15 close above 1.4095 swing high reopens 1.4110
  • Loss of 1.4077 session low confirms continuation lower toward 1.4060

15:46 UTC

Downtrend into session low, recovering · RSI 46 · price 1.40903

Lower low at 1.4077, double bottom bounce.

USDCAD slid through the NY session to a low of 1.4077, printing a double bottom there before recovering to 1.4090 as WTI strength kept the Loonie bid. Price sits below EMA20/50 and just under the 1.4100 psych level; RSI(14) has cooled back toward neutral off the lows.

Support: 1.4077, 1.4060

Resistance: 1.4100, 1.4106

What it said to watch

  • FOMC decision 18:00 GMT plus Warsh presser will dominate the next session
  • Reclaim of 1.4100 psych puts session high 1.41060 back in play
  • Loss of 1.4077 session low confirms a fresh lower-low toward 1.4060

15:31 UTC

Downtrend, bounce off lows · RSI 44 · price 1.40883

Range break lower, minor recovery.

USDCAD broke below the 1.4090-1.4110 range during NY hours to a session low of 1.4077, then bounced to 1.4095 before settling near 1.4088, oil-driven CAD strength weighing. Price sits below EMA20/50 with RSI(14) mid-40s; the FOMC decision at 18:00 GMT is the dominant catalyst.

Support: 1.4077, 1.4060

Resistance: 1.4095, 1.4110, 1.4125

What it said to watch

  • FOMC in under 3h could materially shift this read
  • M15 close below 1.4060 confirms a lower low
  • Reclaim of 1.4110 invalidates the downside break

15:16 UTC

Downtrend, bouncing off lows · RSI 46 · price 1.40908

Lower highs into 1.4077 session low, mild recovery.

USDCAD sold off through the NY session to a 1.4077 session low as rebounding oil underpinned CAD, then bounced back to 1.40908 just under the 1.4100 psych level. RSI(14) recovered from the drop but price sits below EMA20/50 — momentum still leans lower ahead of the 18:00 GMT FOMC.

Support: 1.4077, 1.4060

Resistance: 1.4100, 1.41054, 1.4115

What it said to watch

  • FOMC decision at 18:00 GMT is the dominant catalyst and can override this read
  • Reclaim of 1.4100 psych and 1.41054 swing high would negate the lower-high sequence
  • Loss of 1.4077 session low opens the path toward 1.4060 range low

15:02 UTC

Downtrend, bounce off lows · RSI 44 · price 1.40908

Swept 1.4077 low, recovering into range.

USDCAD leaked lower through the NY session ahead of the FOMC, sweeping the 1.4077 low before buyers recovered price back to 1.4091 with RSI(14) lifting off oversold. Price sits just below EMA20/50, still capped by the 1.4102 range top.

Support: 1.4077, 1.4060

Resistance: 1.4102, 1.4115

What it said to watch

  • FOMC decision in ~3h is the dominant catalyst and can override this read
  • M15 close below 1.4077 confirms a lower low
  • Reclaim of 1.4102 range top negates the pullback

15:01 UTC

Downtrend, bounce underway · RSI 45 · price 1.40908

Lower low at 1.4077, corrective bounce.

NY session drove USDCAD through the intraday range to a session low of 1.4077 as rebounding oil kept the CAD bid ahead of tonight's FOMC. Buyers stepped in at 1.4077 and price has bounced to 1.4091, but RSI(14) near 44 and price below EMA20/50 keep the near-term structure soft.

Support: 1.4077, 1.4060

Resistance: 1.4105, 1.4115, 1.4125

What it said to watch

  • M15 close below 1.4077 confirms a further lower-low
  • Reclaim of 1.4105 negates the breakdown read
  • FOMC 18:00 GMT could materially shift this read

14:46 UTC

Downtrend, fresh session low · RSI 34 · price 1.40779

Range broke lower, printing lower lows into 1.4077.

USDCAD slipped out of the 1.4085-1.4110 range in the last two hours of the London-NY session, marking a fresh session low at 1.4077 as the USD softened ahead of the Fed. Momentum is one-directional lower on M15 with RSI(14) near 34, though not yet oversold.

Support: 1.4077, 1.4060

Resistance: 1.4095, 1.4105

What it said to watch

  • Reclaim of 1.4095 would negate the lower-low sequence
  • Loss of 1.4077 opens the path toward 1.4060 support
  • FOMC statement 18:00 GMT (~3h out) is the dominant driver and can reset this read

14:31 UTC

Range breaking lower · RSI 38 · price 1.40856

Consolidation losing session lows.

USDCAD ranged 1.4080-1.4110 through most of the London-NY window before a late NY push broke the session low near 1.4080, price now 1.40856. Oil-led CAD firming into the FOMC; RSI(14) around 37 with no reversal signal yet.

Support: 1.4080, 1.4060

Resistance: 1.4110, 1.41054

What it said to watch

  • M15 close back above 1.411 range top negates the downside break
  • Failure to hold 1.4080 session low opens 1.4060 support
  • FOMC at 18:00 GMT could materially shift this read

14:16 UTC

Downtick after range, momentum lower · RSI 33 · price 1.40803

Range broken to downside, fresh session low.

Pair spent most of the last 24h coiling in a 1.4085–1.4110 range before breaking down in the final hour to a fresh session low at 1.40794, RSI(14) cooling near 33. Move fits the oil-led CAD bid but sits right on Scotia's fair-value zone into the FOMC.

Support: 1.40794, 1.4060

Resistance: 1.4100, 1.4110

What it said to watch

  • FOMC decision 18:00 GMT is the dominant driver — likely to override this intraday read
  • M15 close below 1.40794 confirms a lower low, opening the path to 1.4060
  • Reclaim of 1.4100 round number negates the breakdown

14:01 UTC

Downtrend, fresh session low · RSI 34 · price 1.40803

Lower highs, breaking to session low.

USDCAD slid through the 1.4090 floor into the NY session and printed a fresh session low at 1.40794, RSI(14) near 33 as the CAD firmed on the oil bid. Price is pinned below EMA20/50 with lower highs stacking; the 1.4060 area is the next reference lower.

Support: 1.40794, 1.4060

Resistance: 1.4095

What it said to watch

  • FOMC decision at 18:00 GMT (~4h) is the dominant driver and can reset this read
  • Reclaim of 1.40950 would neutralise the lower-high sequence
  • Loss of 1.40794 opens the path toward 1.4060 support

14:01 UTC

Downtrend, fresh session low · RSI 32 · price 1.40803

Lower highs into a range break lower.

USDCAD broke below the 1.4090–1.4105 range during NY hours, printing a fresh session low at 1.40794 as WTI's rebound and a soft USD into FOMC weighed. RSI(14) sub-32 shows momentum stretched to the downside but not yet at an extreme.

Support: 1.40794, 1.4060

Resistance: 1.4100, 1.41054

What it said to watch

  • Reclaim of 1.41000 would neutralise the range break lower
  • FOMC decision 18:00 GMT (~4h) is the dominant driver and could reset this read
  • Failure to hold 1.40794 opens the path toward 1.40600

13:46 UTC

Range, drifting lower · RSI 43 · price 1.4091

Sideways range, price near lows.

USDCAD is boxed between 1.4086 and 1.4111, easing a second day sub-1.4100 as WTI's rebound and a softer USD into FOMC weigh. Price sits in the lower half of the range with RSI(14) mid-40s; no directional break yet.

Support: 1.4086, 1.4060

Resistance: 1.4105, 1.4111

What it said to watch

  • FOMC statement 18:00 GMT is the dominant catalyst and could break this range either way
  • M15 close below 1.4086 confirms a lower low toward 1.4060
  • Reclaim of 1.4105 reopens the session high at 1.4111

13:31 UTC

Range, mild downward drift · RSI 42 · price 1.4091

Sideways range, capped below 1.4110.

USDCAD ranging 1.4084–1.4111 through the London-NY window, easing a second day as oil firms and USD softens into the FOMC. Price fading back to 1.4091 after rejection near the 1.4106 session high, RSI(14) mid-40s with no momentum extreme.

Support: 1.4084, 1.4060

Resistance: 1.4100, 1.4106, 1.4111

What it said to watch

  • FOMC decision 18:00 GMT is the dominant catalyst and can invalidate the range read
  • M15 close above 1.4106 opens the path to the 1.4111 day high
  • Loss of 1.4084 session low confirms a lower-low toward 1.4060

13:31 UTC

Ranging, no clear direction · RSI 49 · price 1.40978

Sideways range into FOMC.

USDCAD is chopping in a tight 1.4084–1.4111 band, price back at the mid near 1.4098 with RSI(14) flat around 49 — no setup in play. The two-day drift lower on the oil rebound has stalled as traders square up ahead of the 18:00 GMT FOMC.

Support: 1.40905, 1.40842

Resistance: 1.4106, 1.4111

What it said to watch

  • FOMC at 18:00 GMT is the dominant driver — likely to break this range
  • M15 close above 1.4111 breaks the session high
  • Failure to hold 1.4084 confirms a lower-low

13:16 UTC

Range, drifting off highs · RSI 44 · price 1.40931

Intraday range, price mid-to-lower.

NY-session USDCAD rejected the 1.4105 session high and is drifting back toward 1.4090 with price under EMA20/50, RSI(14) mid-range near 43. Move stays oil/USD-led into the FOMC; range between 1.4085 and 1.4110 intact, no clean setup.

Support: 1.4090, 1.4085

Resistance: 1.4105, 1.4110

What it said to watch

  • FOMC decision at 18:00 GMT (~5h out) could break this range in either direction
  • M15 close below 1.4085 confirms a lower low out of the range
  • Reclaim of 1.4105 puts the 1.4110 prior high back in play

13:02 UTC

Range, drifting lower · RSI 44 · price 1.40931

Rangebound 1.4086–1.4110, capped highs.

USDCAD has spent the last ~24h boxed between 1.4086 and 1.4110, easing a second day on the oil rebound and softer USD into the FOMC. Latest push to 1.4105 was rejected and price slid back to 1.4093, RSI sitting mid-range near 44 with no momentum extension.

Support: 1.4086, 1.4060

Resistance: 1.4105, 1.4125

What it said to watch

  • FOMC decision today 18:00 GMT could materially shift this read
  • M15 close above 1.4105 opens the path back toward 1.4125 resistance
  • Loss of 1.4086 session low confirms a lower-low toward 1.4060 support

13:02 UTC

Sideways, drifting lower into FOMC · RSI 44 · price 1.40931

Range-bound between 1.4090 and 1.4106.

USDCAD is grinding in a tight 1.4090–1.4106 range through the NY session, price pinned below EMA20/50 after a rejection at 1.4106 and a fade back to session lows. Move is oil/USD-led and coiling ahead of the FOMC decision; no clean setup in play.

Support: 1.40905, 1.40842

Resistance: 1.4106, 1.4111

What it said to watch

  • M15 close above 1.4106 breaks the range top and reopens 1.4111
  • Failure to hold 1.4090 exposes the 1.4084 swing low
  • FOMC decision ~5h out will likely break this range either way

12:46 UTC

Sideways, range-bound · RSI 45 · price 1.40962

Consolidating near 1.4100.

USD/CAD is ranging 1.4084–1.4111 through the Asian and London sessions, coiling near 1.4100 ahead of the FOMC decision. The last bar slipped to retest the 1.4093 swing area with RSI(14) neutral near 45; no directional setup while the range holds.

Support: 1.4093, 1.40842

Resistance: 1.4106, 1.4111

What it said to watch

  • FOMC decision in ~5.5h (18:00 GMT) can materially shift this read
  • M15 close above 1.41110 breaks the range top
  • Failure to hold 1.40842 confirms a lower low

12:31 UTC

Sideways, range-bound · RSI 59 · price 1.41037

Consolidation around 1.4100 into FOMC.

USDCAD is ranging 1.4084–1.4117 near 1.4104, holding defensive for a second day into the FOMC decision. Price bounced off the 1.4084 range low and ground back toward the top of the band; RSI(14) neutral near 59, no setup in play.

Support: 1.40942, 1.40842

Resistance: 1.41102, 1.41168

What it said to watch

  • FOMC statement 18:00 GMT (~5h out) could materially shift this read
  • M15 close above 1.4117 breaks the range top
  • Loss of 1.4084 confirms a lower-low and range break

12:16 UTC

Sideways, no directional momentum · RSI 53 · price 1.41002

Range-bound around 1.4100.

USDCAD ranging between the 1.40842 session low and the 1.41168 session high, coiling near 1.4100 with RSI(14) flat around 53. Loonie held bid on rebounding oil but no directional break as the market waits on FOMC.

Support: 1.40842, 1.4095

Resistance: 1.4106, 1.41168

What it said to watch

  • FOMC statement in ~6h (18:00 GMT) could materially shift this read
  • M15 close above 1.41060 opens a retest of the 1.41168 session high
  • Loss of 1.40842 confirms a lower low out of the range

12:01 UTC

Sideways, no clear momentum · RSI 52 · price 1.41002

Range-bound into FOMC.

USDCAD grinding sideways around 1.4100 through NY hours, coiling in a tight 1.4086–1.4106 band into the FOMC decision. RSI(14) sits near neutral and ATR is compressed at ~4 pips — no setup in play as the market waits on the Fed.

Support: 1.40856, 1.4060

Resistance: 1.41059, 1.4125

What it said to watch

  • FOMC decision 18:00 GMT + Warsh presser 18:30 GMT is the dominant catalyst for the next bars
  • M15 close above 1.41059 session high, then 1.4125, opens the upside path
  • Break below 1.40856 session low exposes the 1.4060 support

12:01 UTC

Rangebound, no clear direction · RSI 53 · price 1.41002

Consolidation between 1.4084 and 1.4116.

USDCAD is grinding sideways around 1.4100, holding a tight 1.4084–1.4116 range for most of the last 24h as traders sit on their hands into the FOMC. Buyers defended 1.4084 during NY hours and price is mid-range with RSI(14) flat near 53 — no setup in play.

Support: 1.40842, 1.4089

Resistance: 1.4106, 1.41145

What it said to watch

  • FOMC decision 18:00 GMT + Warsh presser is the dominant catalyst and could break this range
  • M15 close above 1.4106 opens the path back toward the 1.4116 prior high
  • Loss of 1.4084 confirms a lower-low and breaks the range floor

11:46 UTC

Range, mild downward drift · RSI 44 · price 1.40951

Ranging under 1.41, holding above session low.

USDCAD is ranging 1.4084–1.4106 through the London session, holding just under 1.41 into the FOMC decision. The pullback from the 1.41059 swing high found footing near the session low at 1.4084; RSI(14) is mid-range with no momentum extreme.

Support: 1.40842, 1.40889

Resistance: 1.41059, 1.41118

What it said to watch

  • FOMC decision 18:00 GMT + Warsh presser is the dominant catalyst — can override this range read
  • M15 close above 1.41059 swing high reopens the 1.41118 prior high
  • Failure to hold 1.40842 session low confirms a lower-low

11:31 UTC

Range, no clear bias into FOMC · RSI 46 · price 1.40971

Consolidation between session low and recent high.

USDCAD ranging 1.4086-1.4116 into the FOMC decision, coiling near the 1.4100 psych. The rally off 1.40842 stalled at 1.41059 and price has slipped back sub-1.4100, RSI(14) flat near 46 — no directional setup in play pre-Fed.

Support: 1.4086, 1.4060

Resistance: 1.4100, 1.4106, 1.4116

What it said to watch

  • FOMC decision in ~6.5h is the dominant catalyst and can invalidate this range read
  • M15 close above 1.41060 reopens the 1.4116 session high
  • Break below 1.4086 exposes the 1.4060 support zone

11:16 UTC

Range, mild upward drift stalling · RSI 50 · price 1.40989

Consolidation near 1.4100, tight intraday range.

USDCAD is coiling near 1.4100, holding a tight range as traders sit on hands into today's FOMC. Price recovered off the 1.40842 session low back to the 1.41059 session high before fading; no directional break in play.

Support: 1.4090, 1.40842

Resistance: 1.41059, 1.41135

What it said to watch

  • FOMC decision 18:00 GMT is the dominant driver — likely to break this range
  • M15 close above 1.41059 session high reopens the 1.41135 prior high
  • Loss of 1.4090 swing low exposes the 1.40842 session low

11:02 UTC

Range-bound, drifting off highs · RSI 46 · price 1.40989

Intraday range 1.4085-1.4116, mid-range now.

USDCAD is pinned near fair value in a tight 1.4085-1.4116 range through the Asian and London sessions, now at 1.4099 after fading from the 1.4106 recent high. RSI(14) is neutral near 46 and ATR is a thin ~4.6 pips — no intraday setup in play ahead of the Fed.

Support: 1.4085, 1.4060

Resistance: 1.4106, 1.4116, 1.4125

What it said to watch

  • FOMC at 18:00 GMT (~7h) is the dominant catalyst and can break this range in either direction
  • M15 close above 1.4106 opens the path to the 1.4116 session high
  • Loss of 1.4085 range low confirms a lower-low toward 1.4060 support

11:01 UTC

Sideways, no clear direction · RSI 49 · price 1.40989

Range-bound, mid-range.

USDCAD pinned near fair value around 1.4099, chopping between 1.4085 and 1.4116 with no directional conviction as traders hold ahead of FOMC. A push to 1.41059 during NY hours faded back to the middle of the range; RSI(14) flat near 49.

Support: 1.4090, 1.4085, 1.4060

Resistance: 1.4106, 1.4116, 1.4125

What it said to watch

  • FOMC decision at 18:00 GMT is the dominant catalyst and will likely break this range
  • M15 close above 1.4106 exposes range top at 1.4116
  • Loss of 1.4085 session low opens 1.4060 support

10:46 UTC

Sideways, mild recovery off lows · RSI 59 · price 1.4102

Range, holding 1.4084-1.4115.

USDCAD ranging 1.4084-1.4115 with price pinned near fair value into the FOMC decision, as oil-supported CAD and a cautious USD keep it two-way. London recovered from the 1.4084 session low back to 1.4102, RSI(14) mid-range near 59 — no directional break in play.

Support: 1.4084, 1.4095

Resistance: 1.4106, 1.4125

What it said to watch

  • FOMC at 18:00 GMT is the dominant catalyst and can break this range either way
  • M15 close above 1.4106 session high opens the path to 1.4125
  • Failure to hold 1.4084 session low confirms a lower-low

10:31 UTC

Recovering off session low, grinding higher · RSI 58 · price 1.41013

Range, higher lows into resistance.

London session, USD/CAD grinding back toward 1.4106 after basing twice at the 1.4084 session low; RSI(14) mid-range and ATR barely 4 pips signal thin, pinned trade near fair value. Move is USD-positioning and oil-driven ahead of the FOMC decision.

Support: 1.4092, 1.4084

Resistance: 1.4106, 1.4117

What it said to watch

  • M15 close above 1.4106 opens the path to the 1.4117 prior high
  • Failure to hold 1.4092 reopens the 1.4084 session low
  • FOMC decision ~7h out could materially shift this read

10:16 UTC

Ranging, grinding toward range top · RSI 61 · price 1.41024

Boxed 1.4084–1.4103, rising intraday lows.

USDCAD is pinned in a 1.4084–1.4103 box, with buyers stepping in near 1.4084 and price now grinding back to the range top ahead of FOMC. Rising intraday lows and RSI near 61 lean firm, but the pair remains capped below 1.4103.

Support: 1.4092, 1.40842, 1.4060

Resistance: 1.4103, 1.4116, 1.4125

What it said to watch

  • M15 close above 1.4103 opens the path to 1.4116
  • Loss of 1.4084 confirms a lower-low and breaks the range
  • FOMC 18:00 GMT + press conference will drive the next leg

10:02 UTC

Range, mild recovery · RSI 57 · price 1.41024

Boxed 1.4084–1.4117, higher-low into FOMC.

USDCAD is grinding in a tight 1.4084–1.4117 box, coiling around the 1.4100 fair-value pivot as traders sit on hands ahead of FOMC. Price reclaimed 1.4100 off the 1.4084 session low with RSI near 57; ranges are compressed with ATR under 5 pips.

Support: 1.40842, 1.4060

Resistance: 1.41168, 1.4125

What it said to watch

  • FOMC decision at 18:00 GMT is the dominant near-term driver and can break this range either way
  • M15 close above 1.41168 session high opens the path to 1.4125
  • Loss of 1.40842 session low exposes the 1.4060 range floor

10:01 UTC

Range-bound, mild recovery off lows · RSI 61 · price 1.41024

Boxed 1.4084–1.4117, holding above session low.

USDCAD consolidating around 1.4100 into today's FOMC, boxed between the 1.4084 session low and the 1.41168 prior high. Buyers stepped back in off 1.40842 during NY hours, RSI(14) recovering toward 61 with no directional break in play.

Support: 1.40842, 1.4060

Resistance: 1.41102, 1.41168, 1.4125

What it said to watch

  • FOMC decision 18:00 GMT is the dominant catalyst and can break this range either way
  • M15 close above 1.41168 opens the path to the 1.4125 range res
  • Failure to hold 1.40842 session low targets 1.4060 range supp

09:46 UTC

Downtrend, momentum flattening · RSI 53 · price 1.40977

Consolidating just above session low.

USDCAD drifted lower through the Asian range and tagged a session low at 1.40842 before buyers stepped in during the London morning, lifting it back toward the 1.4100 handle. Price is pinned near fair value ahead of the FOMC decision, RSI neutral around 53 with no directional setup in play.

Support: 1.40842, 1.4089

Resistance: 1.41002, 1.4105

What it said to watch

  • FOMC 18:00 GMT + press conference is the dominant catalyst and will override this range read
  • M15 close above 1.41000 opens the path back to 1.41050
  • Break of 1.40842 confirms a lower low

09:31 UTC

Downtrend faded into range · RSI 53 · price 1.40968

Consolidation near session lows.

USDCAD drifted from 1.4117 to a 1.4084 session low then ground back to 1.4097, pinned near fair value into FOMC. RSI(14) is neutral around 53 and ranges have compressed; buyers stepped in twice at 1.4084 while 1.4105 caps the bounce.

Support: 1.40842, 1.4060

Resistance: 1.4105, 1.41125

What it said to watch

  • M15 close above 1.41050 opens the path to the 1.41125 resistance
  • Loss of 1.40842 session low confirms a lower-low toward 1.4060
  • FOMC decision 18:00 UTC will override this range read

09:16 UTC

Mild downtrend, stabilising near 1.4100 · RSI 54 · price 1.4099

Lower highs into a base above 1.4084.

USDCAD drifted lower through Asia and London, bottoming at 1.4084 before buyers stepped in and lifted it back to the 1.4100 psych pivot. Momentum is flat with RSI mid-range as the pair consolidates ahead of today's FOMC.

Support: 1.4084, 1.4090

Resistance: 1.4100, 1.4107, 1.4117

What it said to watch

  • FOMC decision at 18:00 UTC is the dominant driver and can override this consolidation
  • M15 close below 1.4084 session low confirms a lower-low extension
  • Reclaim of 1.4107 swing high opens the path back toward 1.4117

09:02 UTC

Sideways, drift off lows · RSI 54 · price 1.4099

Consolidation around 1.4100 pivot.

USDCAD ground down from 1.4117 to a 1.4084 session low, then recovered to reclaim the 1.4100 pivot with RSI(14) back near neutral. Pre-FOMC consolidation — moves muted between 1.4084 and the 1.4110 range top.

Support: 1.40842, 1.4060

Resistance: 1.4110, 1.4125

What it said to watch

  • FOMC decision 18:00 UTC + Powell 18:30 UTC is the dominant driver and can break this range
  • Close below 1.40842 confirms a lower low toward the 1.4060 scotia support
  • Close above 1.4110 range top opens the path to 1.4125 scotia resistance

09:02 UTC

Range, edging off session low · RSI 58 · price 1.4099

Consolidation between 1.4084 and 1.4116.

USDCAD is pinned near 1.4100, ranging 1.4084-1.4116 through the Asia-London session as traders stay sidelined into the FOMC. Buyers stepped in at the 1.4084 session low and price has since ground back toward the top of the range, RSI(14) mid-50s with no extreme.

Support: 1.4084, 1.4060

Resistance: 1.4106, 1.4116, 1.4125

What it said to watch

  • FOMC decision 18:00 UTC is the dominant near-term driver and can break this range either way
  • M15 close above 1.4116 range high opens the path to the 1.4125 scotia res
  • Loss of the 1.4084 session low exposes 1.4060 scotia sup

08:46 UTC

Downtrend, momentum stalling · RSI 50 · price 1.40957

Consolidating near session lows below 1.4100.

USDCAD ground lower through the London morning to a session low at 1.40842 before stabilising, now coiling just under the 1.4100 psych level with a rebounding oil underpinning the Loonie. Micro-swings are compressing between 1.4084 and 1.4100 as traders sit on hands into the FOMC.

Support: 1.4089, 1.40842

Resistance: 1.4100, 1.4105

What it said to watch

  • M15 close above 1.41000 psych level would break the consolidation higher
  • Loss of 1.40842 session low confirms downtrend continuation
  • FOMC decision 18:00 UTC will dominate the next several bars

08:46 UTC

Downtrend faded to consolidation · RSI 49 · price 1.40961

Range-bound near 1.4095 pivot.

USDCAD drifted off the 1.4117 high through London and now consolidates near 1.4095, buyers stepping in at the 1.4084 session low during NY hours. Moves are muted and pinned to the 1.4084–1.4105 range top as traders sit on their hands into the FOMC.

Support: 1.40842, 1.40605

Resistance: 1.4105, 1.4125

What it said to watch

  • FOMC decision 18:00 UTC is the dominant driver and could break this range
  • M15 close above 1.41050 range top opens the path to 1.4125 resistance
  • Loss of 1.40842 session low opens 1.4060 support

08:31 UTC

Mild downtrend, drifting · RSI 49 · price 1.40948

Lower highs, range base at 1.40842.

London session drifting lower off the 1.41174 high, with lower highs into a 1.40842–1.41002 range. Buyers stepped in at 1.40842 and price is grinding back toward the EMA20 near 1.4093, RSI(14) flat around 49. FOMC later today is the dominant catalyst overhanging the tape.

Support: 1.40842, 1.40874

Resistance: 1.41002, 1.41074

What it said to watch

  • M15 close below 1.40842 confirms a lower low
  • Reclaim of 1.41002 negates the drift-lower read
  • FOMC 18:00 UTC could materially shift this read

08:16 UTC

Downtrend, momentum slowing · RSI 45 · price 1.40946

Lower highs, hovering above session low.

USDCAD ground lower through the session to test 1.40842 before a shallow bounce, price now stalling near 1.4095 with RSI(14) mid-range. Pair is pinned around Scotia fair value into the 18:00 UTC FOMC, with the bounce high at 1.40970 capping.

Support: 1.40842, 1.4090

Resistance: 1.4097, 1.41102

What it said to watch

  • FOMC decision 18:00 UTC is the dominant catalyst and can reset this read
  • Close below 1.40842 confirms a fresh lower-low
  • Reclaim of 1.40970 opens the path back to 1.41102

08:01 UTC

Downtrend, momentum flattening · RSI 49 · price 1.40946

Lower highs into pre-FOMC drift.

London hours grinding lower off 1.41167, print a session low at 1.40842 before a shallow bounce back to 1.4095. Chain of lower highs intact and price is pinned near the EMA20 with RSI(14) flat mid-range; ranges are thin ahead of tonight's FOMC.

Support: 1.40842, 1.40874

Resistance: 1.41002, 1.4105, 1.4110

What it said to watch

  • M15 close above 1.41050 breaks the lower-high chain
  • Failure to hold 1.40842 confirms a fresh session lower-low
  • FOMC decision 18:00 UTC + BoC Summary 17:30 UTC will override this intraday read

07:46 UTC

Downtrend, grinding lower · RSI 44 · price 1.40896

Chain of lower highs and lower lows.

USDCAD ground lower through the London session, swept the 1.40842 session low then reclaimed toward 1.40970, RSI(14) mid-40s and price capped under both EMAs. Move stays pinned near two-week highs on the pair as soft oil offsets a softer dollar; nothing is trending cleanly with FOMC ahead.

Support: 1.40842, 1.4056

Resistance: 1.40971

What it said to watch

  • M15 close above 1.40971 breaks the lower-high sequence
  • Failure to hold 1.40842 opens 1.40560
  • FOMC decision 18:00 UTC is the dominant catalyst and can override this intraday read

07:31 UTC

Gradual downtrend, drifting lower · RSI 42 · price 1.40937

Lower highs into session low, no clean base yet.

USDCAD drifted lower through the London session toward the 1.40842 session low, capped by soft oil and pre-FOMC caution keeping the pair near two-week highs. Price trades below EMA20/50 with RSI(14) around 42; a shallow bounce off 1.4084 has stalled under 1.41002.

Support: 1.40842, 1.4060

Resistance: 1.41002, 1.4105, 1.4125

What it said to watch

  • M15 close below 1.40842 confirms a lower low toward 1.4060
  • Reclaim of 1.41002 would neutralise the drift lower
  • FOMC decision at 18:00 UTC + BoC Summary at 17:30 UTC could materially shift this read

07:16 UTC

Downtrend, bouncing off session low · RSI 54 · price 1.40974

Lower highs into 1.4084 low, recent bounce.

USDCAD ground lower through London to a session low at 1.4084 before buyers stepped in, lifting price back to 1.4100 where supply capped it. RSI(14) recovered off its lows to mid-range; pair sits near Scotiabank's fair-value ~1.4115 ahead of tonight's FOMC.

Support: 1.40842, 1.4060

Resistance: 1.41002, 1.4125

What it said to watch

  • M15 close above 1.41002 opens the path back to 1.4125 resistance
  • Failure to hold 1.4084 confirms a lower-low
  • FOMC 18:00 UTC + BoC Summary 17:30 UTC will dominate this read

07:01 UTC

Gentle drift lower, range-bound · RSI 48 · price 1.40974

Lower highs into 1.41, recovering off session low.

USDCAD has drifted lower through the Asia-London window, printing lower highs into 1.41 and a session low at 1.40842 before recovering to 1.40974 as the broad USD softened ahead of the FOMC. RSI(14) sits mid-range near 48 — no momentum extreme, price hugging fair value around 1.41.

Support: 1.40842, 1.4060, 1.4000

Resistance: 1.41002, 1.41092, 1.4125

What it said to watch

  • FOMC decision at 18:00 UTC and press conference at 18:30 UTC is the dominant catalyst — could materially shift this read
  • M15 close above 1.41002 targets the 1.41092 swing high
  • Failure to hold 1.40842 confirms a lower low

07:01 UTC

Downtrend, momentum flattening · RSI 52 · price 1.40974

Lower highs, holding above session low.

USDCAD ground lower through the session in a chain of lower highs, printing a session low at 1.40842 before buyers stepped in during the London open, lifting price back to 1.40974. Pair is hugging the 1.41 fair-value zone flagged in consensus; RSI(14) mid-range near 52 shows no extreme.

Support: 1.40842, 1.40858

Resistance: 1.4105, 1.41102, 1.41187

What it said to watch

  • M15 close above 1.41050 swing high breaks the lower-high sequence
  • Failure to hold 1.40842 session low confirms a fresh lower-low
  • BoC Summary 17:30 UTC and FOMC 18:00 UTC could materially shift this read

06:46 UTC

Downtrend, grinding lower · RSI 42 · price 1.40921

Lower highs, lower lows within slow drift.

USDCAD grinding lower through the Asian range, printing fresh session lows at 1.40842 before a small bounce to 1.40921; price holds below EMA20/50 with RSI(14) mid-40s, no oversold stress. Loonie capped by soft oil while USD sits offered into FOMC, keeping the pair pinned around the 1.41 fair-value zone.

Support: 1.40842, 1.4080

Resistance: 1.40982, 1.4105

What it said to watch

  • M15 close back above 1.40982 swing high would break the lower-high chain
  • Loss of 1.40842 session low extends the downtrend toward 1.40800 psych
  • FOMC 18:00 UTC and BoC Summary of Deliberations 17:30 UTC could materially shift this read

06:31 UTC

Downtrend, grinding lower · RSI 40 · price 1.40881

Lower highs into session lows.

USDCAD drifting lower through the Asia session, printing fresh session lows near 1.40842 with a chain of lower highs; RSI(14) mid-30s, not yet oversold. Loonie held near 1.41 all week as soft oil offsets a softer USD, and price is now leaking under it ahead of the FOMC.

Support: 1.40842, 1.4080

Resistance: 1.40917, 1.40993, 1.4105

What it said to watch

  • M15 close above 1.40917 breaks the lower-high sequence
  • Failure to hold 1.40842 opens 1.40800
  • FOMC 18:00 UTC and BoC deliberations 17:30 UTC could materially shift this read

06:16 UTC

Downtrend, grinding to session low · RSI 36 · price 1.40849

Lower highs, lower lows into demand.

USD/CAD ground lower through the Asia session and into the London open, easing ahead of FOMC as the softer dollar leg dominates. Price broke back below 1.40990 and is now printing a fresh session low at 1.40850, holding under EMA20 and EMA50 with RSI(14) around 36.

Support: 1.4085, 1.4080

Resistance: 1.4099

What it said to watch

  • M15 close back above 1.40990 negates the lower-high sequence
  • Sustained break of 1.40850 opens the path toward the 1.40800 psych level
  • FOMC at 18:00 UTC is the dominant driver and could materially shift this read

06:16 UTC

Downtrend, grinding lower · RSI 36 · price 1.40849

Lower highs into fresh session low.

USDCAD ground to a fresh session low at 1.40849 after slipping below the 1.40857 prior low, extending a steady chain of lower highs through the London morning. RSI(14) near 36 with price pinned under EMA20/50; move is drifting rather than impulsive ahead of FOMC.

Support: 1.4080, 1.40857

Resistance: 1.4095

What it said to watch

  • Reclaim of 1.40950 needed to break the lower-high sequence
  • Loss of 1.40800 round number opens further downside
  • FOMC decision 18:00 UTC could materially reset this read via the USD leg

06:02 UTC

Downtrend, grinding lower · RSI 40 · price 1.40879

Lower highs, lower lows toward session low.

USDCAD grinding lower through the Asia session, a steady chain of lower highs and lower lows pressing into 1.4088 near two-week lows as a softer USD leaks ahead of FOMC. RSI(14) mid-30s, no oversold extreme; price capped below EMA20/50 the whole descent.

Support: 1.40877, 1.40857

Resistance: 1.4095, 1.4101

What it said to watch

  • M15 close below 1.4086 confirms a fresh lower low
  • Close above 1.4102 breaks the downtrend structure
  • FOMC decision at 18:00 UTC is the dominant driver and can override this read

06:02 UTC

Downtrend, grinding lower · RSI 40 · price 1.40879

Lower highs, lower lows.

USDCAD is grinding lower into the London open, drifting off the 1.41055 prior range toward the 1.40857 session low with RSI(14) subdued near 40. Price sits below EMA20/50 in a shallow descending channel; softer USD ahead of FOMC has capped upside while weak oil limits any CAD recovery.

Support: 1.40857, 1.4080

Resistance: 1.40982, 1.41055

What it said to watch

  • M15 close below 1.40857 confirms a fresh lower-low toward 1.40800 psych
  • Reclaim of 1.40982 swing high would break the descending channel
  • FOMC decision at 18:00 UTC is the dominant driver and can override this read

05:46 UTC

Downtrend, grinding lower · RSI 41 · price 1.40919

Lower highs into session lows.

USDCAD is grinding lower through the Asian session, printing lower highs and pressing session lows near 1.4088 with RSI(14) mid-40s and price below both EMAs. Move is orderly and shallow — no fresh impulse yet ahead of tonight's FOMC.

Support: 1.40877, 1.4060

Resistance: 1.4105, 1.4125

What it said to watch

  • M15 close above 1.4105 negates the lower-high sequence
  • Break below 1.4087 opens 1.4060 support
  • FOMC at 18:00 UTC is the dominant driver and can reset this read

05:46 UTC

Downtrend, grinding lower · RSI 43 · price 1.40919

Lower highs into two-week lows.

USDCAD drifted lower through the Asia session, printing lower highs from 1.41050 toward the 1.40877 session low as the softer dollar leaked into price. RSI(14) hovering in the low 40s, no extreme; price sits below EMA20 and EMA50.

Support: 1.40877, 1.40857, 1.4060

Resistance: 1.4097, 1.4105

What it said to watch

  • Break below 1.40857 confirms a lower low
  • M15 close above 1.40970 breaks the descending highs
  • FOMC decision at 18:00 UTC is the dominant driver and could reset this read

05:31 UTC

Downtrend, grinding lower · RSI 38 · price 1.40919

Lower highs, lower lows into session lows.

USDCAD is grinding lower through the late Asia session, printing fresh session lows near 1.40874 with RSI(14) hovering in the high-30s but not yet stretched. Sellers have capped every bounce below 1.41050, keeping the descending structure intact ahead of the 18:00 UTC FOMC decision.

Support: 1.40874, 1.4080

Resistance: 1.4105, 1.41102

What it said to watch

  • M15 close back above 1.41050 swing high breaks the lower-high chain
  • Loss of 1.40874 session low extends the downtrend toward 1.40800 psych
  • FOMC at 18:00 UTC is the dominant driver and can reset this read

05:31 UTC

Downtrend, grinding lower · RSI 41 · price 1.40919

Lower highs, pressing session lows.

USD/CAD is grinding lower through the Asia session, fading the 1.41102 high and pressing session lows near 1.40877; RSI(14) mid-40s, no oversold signal. Move is steady, contained sub-5 pip bars, with FOMC tonight the dominant driver.

Support: 1.40877, 1.40857, 1.4080

Resistance: 1.4099, 1.4105, 1.41102

What it said to watch

  • M15 close below 1.40857 confirms continuation of the lower-low sequence
  • Reclaim of 1.4105 negates the downtrend read
  • FOMC decision at 18:00 UTC could materially shift this read

05:16 UTC

Downtrend, grinding lower · RSI 38 · price 1.40888

Lower highs and lower lows into session low.

USDCAD ground lower through the NY session and into thin Asian hours, printing a chain of lower highs and lower lows to a fresh session low at 1.40877. RSI(14) sits soft near 37 with price below EMA20 and EMA50; the slide echoes the softer USD tone ahead of tonight's FOMC.

Support: 1.40877, 1.40857

Resistance: 1.4095

What it said to watch

  • M15 close below 1.40857 confirms the next lower low
  • Reclaim of 1.4095 would break the descending sequence
  • FOMC decision at 18:00 UTC is the dominant driver and can reset this read

05:16 UTC

Downtrend, grinding lower · RSI 40 · price 1.40888

Chain of lower highs into session low.

USDCAD is grinding down toward the session low at 1.40874, printing lower highs off 1.4105 through Asian hours. RSI(14) near 40 and price below both EMAs; move is slow and orderly ahead of tonight's FOMC.

Support: 1.40874, 1.4060

Resistance: 1.4105, 1.4125

What it said to watch

  • M15 close below 1.40874 confirms a lower low
  • Reclaim of 1.4105 invalidates the lower-high chain
  • FOMC decision at 18:00 UTC is the dominant driver via the USD leg

05:02 UTC

Downtrend, grinding lower · RSI 39 · price 1.40899

Lower highs, testing session low.

USDCAD drifted lower through late Asian hours, printing lower highs off the 1.4105 fair-value zone and now probing the 1.40864 session low with RSI(14) near 39. Soft-USD flows ahead of FOMC are capping upside, but the CAD recovery stays shallow.

Support: 1.40864, 1.4000

Resistance: 1.4105, 1.41125

What it said to watch

  • M15 close below 1.40864 confirms a lower low toward 1.4000
  • Reclaim of 1.4105 fair value negates the lower-high sequence
  • FOMC 18:00 UTC is the dominant driver and can override this intraday read

05:02 UTC

Downtrend, grinding lower · RSI 38 · price 1.40899

Chain of lower highs, lower lows.

USDCAD is drifting lower through the Asian session, printing steady lower highs off the 1.4105 fair-value zone into tonight's FOMC. Price sits just above the 1.40857 session low with RSI(14) near 38 — soft but not stretched.

Support: 1.40857, 1.4060

Resistance: 1.4105, 1.41131

What it said to watch

  • M15 close above 1.4105 breaks the descending sequence
  • Loss of 1.40857 confirms a fresh lower-low
  • FOMC 18:00 UTC is the dominant driver and can override intraday structure

04:46 UTC

Downtrend, grinding lower · RSI 38 · price 1.40888

Chain of lower highs and lower lows.

Asia session grinding USDCAD lower off the 1.4110 resistance shelf, now pressing the 1.40857 session low with RSI(14) near 37. Move is orderly and low-range (ATR ~5 pips); price sits at Scotiabank 'fair value' ahead of tonight's FOMC.

Support: 1.40857, 1.4080

Resistance: 1.4105, 1.41102

What it said to watch

  • M15 close below 1.40857 confirms a fresh lower low
  • Close back above 1.4105 invalidates the downtrend read
  • FOMC decision 18:00 UTC is the dominant driver via the USD leg

04:46 UTC

Downtrend, fresh session lows · RSI 34 · price 1.40888

Lower highs and lower lows.

USDCAD grinding lower through the Asia-London transition, printing a fresh session low at 1.40874 with price pinned below EMA20/50 and RSI(14) near 34. Descending highs from 1.4105 keep the pressure on; move is orderly, ATR ~5 pips.

Support: 1.40874, 1.4080

Resistance: 1.4095, 1.4105

What it said to watch

  • M15 close back above 1.40950 breaks the sequence of lower highs
  • Failure to hold 1.40874 confirms continuation lower toward 1.40800
  • FOMC decision 18:00 UTC / Powell presser 18:30 is the dominant driver and can override this read

04:31 UTC

Downtrend, grinding lower · RSI 39 · price 1.40929

Lower highs and lower lows into session lows.

Asia session drifting to fresh session lows near 1.4090, a steady chain of lower highs since the 1.41102 print. RSI(14) mid-30s, room before oversold; USD held firm pre-FOMC, capping any CAD recovery per the softer-oil backdrop.

Support: 1.40857, 1.4080

Resistance: 1.4105, 1.41102

What it said to watch

  • Reclaim of 1.41050 swing high would break the lower-high chain
  • Loss of 1.40857 session low extends the downtrend toward 1.40800
  • FOMC 18:00 UTC is the dominant driver via the USD leg and can reset this read

04:31 UTC

Downtrend, grinding lower · RSI 38 · price 1.40929

Lower highs into session low.

USDCAD drifting lower through thin Asia-session trade, pressing the session low at 1.40897 with RSI(14) sub-40 but not yet oversold. Sequence of lower highs holds below 1.41035; softer USD is easing spot off two-week highs ahead of tonight's FOMC.

Support: 1.40897, 1.4060

Resistance: 1.41035, 1.4110

What it said to watch

  • Loss of 1.40897 confirms continuation toward 1.4060 support
  • M15 close back above 1.41035 breaks the lower-high sequence
  • FOMC 18:00 UTC + Powell/Warsh presser will dominate the next session and can reset this read

04:16 UTC

Downtrend, grinding lower · RSI 38 · price 1.40914

Lower highs, pressing session low.

USDCAD is drifting lower, stacking lower highs since the 1.4126 top and now pressing the 1.4086 session low with RSI(14) subdued in the high-30s. Move is a slow grind rather than an impulse, with price parked below EMA20/EMA50 into the FOMC session.

Support: 1.40857, 1.4060

Resistance: 1.4105, 1.4125

What it said to watch

  • M15 close below 1.40857 opens the path toward 1.4060 support
  • Reclaim of 1.4105 recent high negates the lower-high sequence
  • 1.4125 resistance is the upper cap for this range
  • FOMC at 18:00 UTC is the dominant driver and can reset this read

04:16 UTC

Downtrend, grinding lower · RSI 38 · price 1.40914

Lower highs, lower lows into Asia.

USDCAD drifted lower through late NY into early Asia, printing a chain of lower highs and lower lows toward 1.40903, with price below EMA20/50 and RSI(14) near 38. Move stalled as spot pins Scotiabank fair value (~1.4115) into the FOMC; nothing structural at these micro-lows yet.

Support: 1.40903, 1.40857, 1.4080

Resistance: 1.4105, 1.41102

What it said to watch

  • Break below 1.40857 session low confirms downtrend continuation
  • Reclaim of 1.41050 swing high neutralises the lower-high sequence
  • FOMC at 18:00 UTC is the dominant driver and can override this read

04:02 UTC

Downtrend, grinding lower · RSI 38 · price 1.40926

Lower highs, pressing session lows.

USD/CAD drifting lower through the Asian session, pressing session lows near 1.40900 with RSI(14) around 38. Sequence of lower highs holding below 1.41050; a slow bleed rather than an impulsive move.

Support: 1.40903, 1.40857

Resistance: 1.4105, 1.41102

What it said to watch

  • Close below 1.40857 confirms a fresh lower low
  • Reclaim of 1.41050 breaks the lower-high sequence
  • FOMC at 18:00 UTC is the dominant driver and can reshape this read

04:02 UTC

Downtrend, grinding lower · RSI 41 · price 1.40926

Lower highs and lower lows into Asia session.

USD/CAD is grinding lower through the thin Asia session, printing lower highs off 1.41050 and pressing fresh session lows near 1.40903 with RSI(14) around 40. Move fits the pre-FOMC USD softening noted in context; ATR is only ~4 pips, so ranges are compressed.

Support: 1.40857, 1.4080

Resistance: 1.4105, 1.41102

What it said to watch

  • Break below 1.40857 swing low confirms downside continuation
  • Reclaim of 1.41050 consolidation invalidates the lower-high chain
  • FOMC decision at 18:00 UTC is the dominant driver and could reshape this read

03:46 UTC

Downtrend, grinding lower · RSI 37 · price 1.40919

Lower highs into session lows.

Thin Asia-session grind lower, price pressing toward session lows at 1.40919 with RSI(14) near 37 but not yet oversold. Sellers have capped bounces at the 1.41050 consolidation shelf; the 1.40864 swing low is the near-term floor.

Support: 1.40864, 1.4080

Resistance: 1.4099, 1.4105, 1.41102

What it said to watch

  • M15 close below 1.40864 confirms a lower-low and opens 1.40800
  • Reclaim of 1.41050 negates the drift-lower read
  • FOMC at 18:00 UTC is the dominant driver and could reset this M15 structure

03:46 UTC

Downtrend, grinding lower · RSI 38 · price 1.40919

Lower highs, lower lows into Asia session.

USDCAD drifted lower through the Asia session, printing lower highs from 1.41102 and pressing the current low near 1.40909, price trading below EMA20 and EMA50 with RSI(14) cooling to the high-30s. Move is orderly, not extended; spot sits just above the 1.40864 session low into a FOMC-dominated day.

Support: 1.40864, 1.40909

Resistance: 1.4105, 1.41102

What it said to watch

  • A close back above 1.41050 breaks the sequence of lower highs and neutralises the downdrift
  • Loss of 1.40864 confirms a fresh lower low and opens continuation
  • FOMC decision 18:00 UTC is the dominant driver and can override this intraday read

03:31 UTC

Downtrend, drifting lower · RSI 40 · price 1.40942

Lower highs, pressing session low.

USDCAD drifted lower through the Asia session, grinding off the 1.41100 consolidation toward the 1.40922 swing low with volume thinning into the last bars. Price holds below EMA20/50 with RSI(14) near 40 — no extreme, just steady erosion ahead of tonight's FOMC.

Support: 1.40922, 1.40864, 1.4000

Resistance: 1.41055, 1.41102

What it said to watch

  • M15 close above 1.41055 invalidates the drift-lower read
  • Break below 1.40864 confirms a fresh lower low
  • FOMC decision at 18:00 UTC is the dominant USD driver and could reshape this read

03:31 UTC

Downtrend, grinding lower · RSI 42 · price 1.40942

Lower highs into session lows.

USDCAD drifting lower through the Asian session, pressing 1.40942 with a chain of lower highs and price under both EMAs. Session low sits at 1.40864 after buyers stalled repeatedly around 1.41055.

Support: 1.40922, 1.40864, 1.4000

Resistance: 1.40993, 1.41055, 1.41102

What it said to watch

  • Close below 1.40864 confirms a fresh lower-low
  • Reclaim of 1.41055 negates the lower-high sequence
  • FOMC decision later today is the dominant USD driver and could reset this read

03:16 UTC

Drifting lower, momentum soft · RSI 43 · price 1.40958

Lower highs into two-week lows.

USDCAD is grinding lower through the Asian session, printing lower highs off the 1.4126 top and now pressing the 1.40855 session low. Price sits below EMA20/50 with RSI(14) mid-40s; rejection capped rallies at the 1.4105–1.4110 zone.

Support: 1.40855, 1.40922, 1.4000

Resistance: 1.41055, 1.41102, 1.4126

What it said to watch

  • M15 close below 1.40855 confirms a lower-low extension
  • Reclaim of 1.41102 swing high invalidates the lower-high sequence
  • FOMC-driven USD swing could override intraday structure

03:16 UTC

Drifting lower, momentum soft · RSI 43 · price 1.40958

Range with lower highs into session low.

USDCAD drifted lower through the thin Asian session, stringing lower highs and pressing the 1.40922 session low; RSI(14) mid-40s, no extreme. Spot remains inside the broader 1.40857–1.41102 range with momentum leaning soft below EMA20/50.

Support: 1.40922, 1.40857

Resistance: 1.41102, 1.41265

What it said to watch

  • M15 close below 1.40857 confirms a lower-low and opens the range floor
  • Reclaim of 1.41102 recent high negates the lower-high sequence
  • FOMC risk cited in context could materially shift this read on the next USD move

03:02 UTC

Downtrend, grinding lower · RSI 38 · price 1.40946

Lower highs, pressing session low.

Asia session grinding lower; USD/CAD sits at the session low 1.40946 after fading from 1.41102, with a chain of lower highs into 1.41055. RSI(14) soft near 38 but not yet extreme, price below EMA20 and EMA50.

Support: 1.40946, 1.40864

Resistance: 1.41055, 1.41102

What it said to watch

  • Reclaim of 1.41055 consol top would break the lower-high chain
  • Loss of 1.40864 swing low confirms continuation lower
  • FOMC 18:00 UTC + Warsh presser is the dominant driver and can override this read

03:02 UTC

Drift lower, momentum flat · RSI 41 · price 1.40946

Grinding toward session lows.

USDCAD drifted lower through Asia hours, pressing the 1.40857 session low with RSI(14) near 40 and price below EMA20/50. It held a tight 1.4095-1.4110 band overnight after fading from 1.41265; two-week lows remain the reference point.

Support: 1.40857, 1.4080

Resistance: 1.4105, 1.41102

What it said to watch

  • M15 close below 1.40857 confirms a lower-low and opens the 1.4080 psych area
  • Reclaim of the 1.41050 pivot neutralises the drift lower
  • FOMC at 18:00 UTC is the dominant driver later today and could reshape this read

02:46 UTC

Mild drift lower, range-bound · RSI 42 · price 1.40983

Consolidation near session lows, lower highs into Asia close.

Quiet Asian session grinding lower, price back under 1.41000 and pinned near two-week lows with USD firm into FOMC. Sequence of lower highs since the 1.41092 session high; last leg pushed to 1.40922 before a shallow bounce to 1.40983. Thin late-Asia volume, no momentum in either direction.

Support: 1.40956, 1.40922, 1.40874

Resistance: 1.4100, 1.41055, 1.41092

What it said to watch

  • Loss of 1.40922 confirms a lower-low toward the 1.40874 session low
  • Reclaim of 1.41000 puts the 1.41055 recent high back in play
  • FOMC decision 18:00 UTC + Warsh presser 18:30 UTC is the dominant driver and can override this intraday read

02:46 UTC

Mild downtrend, range-bound · RSI 43 · price 1.40983

Consolidation, lower highs into current bar.

Asia session grinding lower inside a 1.4086–1.4110 range, price back below EMA20/50 at 1.40983 with RSI(14) mid-40s and no extreme. Lower highs since the 1.41102 print keep 1.4100 psych as the near cap; CAD pinned near fair value ahead of FOMC.

Support: 1.40922, 1.40857

Resistance: 1.4100, 1.41102

What it said to watch

  • M15 close below 1.40857 session low confirms a lower-low
  • Reclaim of 1.4100 psych negates the lower-high sequence
  • FOMC decision 18:00 UTC is the dominant driver and can override this range read

02:31 UTC

Downdrift, lower highs · RSI 40 · price 1.40968

Rolling over toward session low.

USDCAD is drifting lower through the Asia session, printing lower highs after rejection near 1.41100 and now edging back toward the 1.40857 session low. Price sits below EMA20/50 with RSI(14) around 40 — soft but not stretched.

Support: 1.40857, 1.4080

Resistance: 1.4110, 1.4126

What it said to watch

  • Break below 1.40857 session low confirms a fresh lower-low
  • Reclaim of 1.41100 negates the downdrift
  • FOMC decision later today (18:00 UTC) is the dominant catalyst for this pair

02:31 UTC

Drifting lower, mild downtrend · RSI 40 · price 1.40968

Lower highs, pressing session lows.

Asia session grinding back toward the 1.40864 session low after supply capped repeatedly around 1.41050-1.41102 through NY hours. Price sits below EMA20/50 with RSI(14) near 40; no reversal signal yet, just a slow bleed lower.

Support: 1.40922, 1.40864

Resistance: 1.4105, 1.41102

What it said to watch

  • M15 close below 1.40922 confirms a lower low toward 1.40864
  • Reclaim of 1.41050 negates the lower-high sequence
  • FOMC decision later today (18:00 UTC) is the dominant USD catalyst and can override this intraday read

02:16 UTC

Range-bound, drifting lower · RSI 43 · price 1.40971

Range 1.4086–1.4126, price in lower third.

Thin Asia-session tape with price easing back toward the 1.4096 swing low after failing to hold the 1.41075 swing high. Session has held the 1.4086–1.4126 range all cycle; no directional setup in play.

Support: 1.4096, 1.4086, 1.4000

Resistance: 1.41075, 1.41265

What it said to watch

  • M15 close below 1.4086 confirms a lower-low and breaks the session range
  • Reclaim of 1.41075 needed to re-engage the range top at 1.41265
  • FOMC decision 18:00 UTC could materially shift this read

02:16 UTC

Range, drifting to lower half · RSI 42 · price 1.40971

Consolidation, lower highs into Asia.

USDCAD is ranging 1.4086–1.4110 through the Asia session, now easing back toward the range low near 1.4094 with price below both EMAs. The broad USD stayed pinned near recent highs as traders held fire ahead of the FOMC decision, leaving CAD's recovery shallow.

Support: 1.4094, 1.40857

Resistance: 1.4105, 1.41102

What it said to watch

  • M15 close below 1.4086 confirms a lower low and breaks the session range
  • Reclaim of 1.41050 pivot reopens the 1.41102 session high
  • FOMC decision later today is the dominant catalyst and can override this range read

02:02 UTC

Sideways, mild downward drift · RSI 43 · price 1.4099

Range-bound after intraday slide, holding above session low.

Quiet Asia session drifting to 1.4099, ranging 1.4090–1.4110 after the London/NY slide bottomed at 1.4086. Price sits below EMA20/50 with RSI(14) mid-range; no fresh directional break in play.

Support: 1.4086, 1.4060

Resistance: 1.4110, 1.4125

What it said to watch

  • M15 break below 1.4086 confirms a lower low
  • Close above 1.4110 reopens the 1.4125 range top
  • FOMC 18:00 UTC + Warsh presser 18:30 UTC will drive the next leg

02:02 UTC

Range, drift lower late session · RSI 43 · price 1.4099

Consolidating below intraday highs.

USDCAD is ranging around 1.4099 in thin Asian-session trade, capped by a series of lower highs from the 1.4126 session high and holding above the 1.4086 session low. Price has slipped back below the EMA20/50 cluster as the recent bounce faded, keeping it pinned near recent highs ahead of the Fed.

Support: 1.4086, 1.4060

Resistance: 1.4110, 1.4126

What it said to watch

  • M15 close above 1.4110 reopens the 1.4126 session high
  • Loss of 1.4086 session low confirms a lower-low toward the 1.4060 range low
  • FOMC decision at 18:00 UTC could materially shift this read

01:46 UTC

Sideways, holding near two-week highs · RSI 49 · price 1.41037

Consolidation between 1.4086 and 1.4110.

USDCAD is coiling in a tight 1.4096-1.4110 band through the Asian session, hovering near two-week highs after a mid-window dip to 1.4086 was bought back. RSI(14) sits neutral near 49 and price is pinned around fair value with no intraday setup in play ahead of the Fed.

Support: 1.40961, 1.40857, 1.4060

Resistance: 1.41102, 1.4125

What it said to watch

  • M15 close above 1.4110 opens the path back toward 1.4125
  • Loss of 1.4096 exposes the 1.4086 session low
  • FOMC statement 18:00 UTC could materially shift this read

01:46 UTC

Ranging, no clear direction · RSI 48 · price 1.41037

Consolidation after recovery off session low.

USDCAD is coiling near 1.4104 in thin Asian hours, holding above the 1.4086 session low after a recovery bounce, with the 1.4110 area capping the last several pushes. RSI(14) sits mid-range near 47, ATR ~13 pips — no setup in play ahead of FOMC.

Support: 1.4100, 1.40864, 1.4060

Resistance: 1.4110, 1.41265

What it said to watch

  • FOMC statement at 18:00 UTC is the dominant driver and could break this range in either direction
  • M15 close above 1.4110 targets the 1.41265 prior high
  • Loss of 1.41000 psych then 1.40864 confirms a lower low

01:31 UTC

Sideways, no clear direction · RSI 47 · price 1.4102

Range-bound after NY session dip and recovery.

USDCAD dipped to 1.4086 during NY hours then recovered into a tight overnight consolidation around 1.4105, now easing to 1.4102 on thin Asia-session volume. Price is boxed between the 1.4095 range floor and 1.4110 range top with RSI(14) flat near 47 — no setup in play.

Support: 1.4095, 1.4086, 1.4060

Resistance: 1.4110, 1.4125

What it said to watch

  • M15 close above 1.4110 opens the path to the 1.4125 prior high
  • Failure to hold 1.4086 session low confirms a lower-low
  • FOMC ~16h out (18:00 UTC) is the dominant near-term driver and could break this range

01:31 UTC

Range-bound, momentum flat · RSI 46 · price 1.4102

Consolidation inside intraday range.

Quiet Asia session grinding between the 1.4086 swing low and the 1.4126 range high, ATR compressed to ~3 pips. Price recovered off 1.4086 into the 1.4107-1.4110 zone and has since eased back to 1.4102, sitting mid-range with no clear direction.

Support: 1.4096, 1.4086

Resistance: 1.4110, 1.4126

What it said to watch

  • FOMC at 18:00 UTC is the dominant near-term driver and could break this range
  • Close above 1.4110 reopens a test of the 1.4126 range high
  • Break of 1.4086 swing low confirms a lower low

01:16 UTC

Range, drifting to lows · RSI 42 · price 1.40989

Boxed 1.4086–1.4126, testing lower third.

USDCAD is grinding the lower third of a 1.4086–1.4126 range, price slipping under the 1.41055 pivot into thin Asian-session flow with RSI(14) around 42. Sellers have capped bounces at the range mid near 1.41102; the session low at 1.40969 is the immediate line being probed.

Support: 1.40969, 1.40857, 1.4060

Resistance: 1.41055, 1.41102, 1.4125

What it said to watch

  • M15 close below 1.40969 opens a retest of the 1.40857 swing low
  • Reclaim of 1.41055 pivot puts the range mid back in play
  • FOMC statement 18:00 UTC could materially shift this read

01:16 UTC

Range, drifting lower · RSI 42 · price 1.40989

Capped below 1.4110, holding above session low 1.4086.

Quiet Asia session grinding lower to 1.4099 after repeated rejections at the 1.4110 swing high; RSI(14) mid-40s, no momentum either way. Price sits below EMA20/50 with the session low at 1.4086 still intact — the whole 24h window holds a tight 1.4086–1.4126 range.

Support: 1.40864, 1.4060

Resistance: 1.41102, 1.4125

What it said to watch

  • FOMC statement 18:00 UTC could materially shift this read
  • M15 close below 1.4086 confirms a lower-low
  • Reclaim of 1.4110 reopens the range top at 1.4125

01:02 UTC

Range, drifting lower · RSI 43 · price 1.40995

Consolidation off session low, capped below 1.4108.

USDCAD is ranging in early Asia hours, fading from the 1.4108 pivot back toward the 1.40995 area after a bounce off the 1.40857 swing low. Price sits below EMA20/50 with RSI(14) mid-40s — no directional impulse, structure still boxed between 1.40857 and 1.4108.

Support: 1.40955, 1.40857, 1.4060

Resistance: 1.41085, 1.41265

What it said to watch

  • FOMC rate decision today 18:00 UTC could materially shift this read
  • M15 close below 1.40857 confirms a lower-low
  • Reclaim of 1.41085 negates the downward drift

01:02 UTC

Range, edging lower · RSI 43 · price 1.40995

Range after NY-session low reclaim.

Price sold into 1.40857 during NY hours, twice-tested as a double bottom, then reclaimed to 1.4105 and consolidated post-FOMC. Asia is fading it back toward the session lows, RSI(14) mid-40s, price under EMA20/50.

Support: 1.40958, 1.40857

Resistance: 1.41102, 1.4126

What it said to watch

  • M15 close below 1.40958 opens a retest of the 1.40857 session low
  • Reclaim of 1.41102 recent high needed to reopen upside
  • Core PCE Thu could materially shift this read

00:46 UTC

Range, momentum flat · RSI 46 · price 1.41016

Tight consolidation after recovery off session low.

USDCAD is coiled in a tight range around 1.4105 through quiet Asia hours after recovering from the 1.4087 session low; RSI(14) neutral near 46. The consol top at 1.4110 has capped every push, with the last few bars slipping back to 1.4101.

Support: 1.40987, 1.40864

Resistance: 1.41102, 1.4126

What it said to watch

  • M15 close above 1.41102 consol top opens a retest of the 1.4126 session high
  • Loss of 1.40987 swing low re-exposes the 1.4087 session low
  • FOMC later today is the dominant driver and could override this range

00:46 UTC

Sideways, drifting lower into Asia · RSI 45 · price 1.41016

Range after NY leg down and recovery.

USDCAD sold off through the NY session to a 1.40857 session low, then recovered to consolidate around 1.4105 with price now easing back to 1.4101 in thin early-Asia trade. Ranging between the round 1.4100 floor and 1.4110 recent high; RSI(14) mid-40s, no momentum edge.

Support: 1.4100, 1.40857

Resistance: 1.4110, 1.4125

What it said to watch

  • M15 close below 1.4100 exposes the 1.40857 session low
  • Reclaim of 1.4110 recent high reopens 1.4125 resistance
  • FOMC later today is the dominant near-term driver for this pair

00:31 UTC

Ranging, no clear direction · RSI 46 · price 1.41029

Consolidation off session low, mid-range.

Asian session ranging between 1.4086 and 1.4110 after USD/CAD recovered off the session low on thin late-session volume. Price is easing back to 1.4103, mid-range with no setup in play.

Support: 1.4086, 1.4060

Resistance: 1.4110, 1.4125

What it said to watch

  • FOMC decision at 18:00 UTC is the dominant driver for the coming sessions
  • M15 close above 1.4110 range top opens the path to 1.4125
  • Loss of the 1.4086 session low opens 1.4060

00:31 UTC

Range after recovery off lows · RSI 47 · price 1.41029

Consolidating below session highs.

USDCAD is ranging 1.4103-1.4110 through the Asia session after recovering from a session low at 1.4086, RSI(14) sitting neutral near 47. Price stalled at the 1.4110 range top and is drifting back toward mid-range with FOMC the dominant driver later today.

Support: 1.40986, 1.40857

Resistance: 1.41102, 1.4125

What it said to watch

  • FOMC statement + rate decision 18:00 UTC could materially shift this read
  • M15 close above 1.4110 opens the path back to 1.4125
  • Loss of 1.4086 confirms a lower low

00:16 UTC

Sideways, low-volatility drift · RSI 54 · price 1.41085

Recovered off session low, ranging below 1.4110.

USDCAD bounced off the session low at 1.4086 and is grinding sideways in a tight 1.4105–1.4110 band through quiet Asia hours, RSI near neutral and ATR compressed to ~16 pips. Price holds just above EMA20/50 but there is no directional impulse ahead of FOMC.

Support: 1.40857, 1.4060

Resistance: 1.4110, 1.4125

What it said to watch

  • FOMC decision 18:00 UTC could materially shift this read
  • Close above 1.4125 resistance opens continuation higher
  • Loss of the 1.4086 session low confirms a lower low

00:16 UTC

Recovering off session low, momentum flat · RSI 54 · price 1.41085

Tight consolidation after bounce.

USDCAD is coiled in a tight 1.4105 range through the Asia session on thin volume, having recovered from the session low at 1.40857. Price holds above EMA20/50 with RSI near neutral; FOMC at 18:00 UTC is the dominant near-term risk.

Support: 1.40857, 1.4060

Resistance: 1.4110, 1.4125

What it said to watch

  • Reclaim of 1.4110 opens the path to the 1.4125 2wk high
  • Loss of 1.40857 session low exposes 1.4060 swing low
  • FOMC in ~18h could materially shift this read

00:02 UTC

Recovering off session low, momentum flat · RSI 55 · price 1.41081

Consolidation after bounce from double bottom.

USDCAD grinding sideways near 1.4106 in the Asia session after recovering off the 1.4086 session low, where buyers stepped in twice to form a double bottom. RSI(14) neutral around 55 with price holding above EMA20/50; range top near 1.4111 still capping. FOMC later today is the dominant driver.

Support: 1.40987, 1.40857

Resistance: 1.4111, 1.4125

What it said to watch

  • M15 close above 1.4111 opens the path back toward 1.4125 prior high
  • Loss of 1.4099 swing low re-exposes the 1.4086 session low
  • FOMC decision 18:00 UTC could materially shift this read

00:02 UTC

Range after recovery, momentum flat · RSI 54 · price 1.41081

Coiling near top of recovery off session low.

USDCAD sold from 1.4127 down to a session low at 1.4086 through NY, then based twice near that low and recovered to coil tightly around 1.4108 into thin Asia trade. RSI(14) neutral near 54, ATR compressed as the pair sits mid-range between 1.4086 and 1.4125.

Support: 1.4100, 1.40857

Resistance: 1.4125, 1.41274

What it said to watch

  • M15 close above 1.4125 opens a retest of the 1.4127 range high
  • Loss of 1.4100 exposes the 1.4086 session low
  • FOMC decision 18:00 UTC + BoC Summary 17:30 UTC could materially shift this read

All markets that day · Today’s USD/CAD Live Scan in the terminal