USDCAD US Dollar/Canadian Dollar

USDCAD Asian Session Report - 2026-03-17

Session Asian Session
Date March 17, 2026
Bias
πŸ”΄ Short
Confidence Medium

Session Snapshot

  • Open: 1.36918
  • High: 1.37137
  • Low: 1.36863
  • Close: 1.37000
  • Change: +0.06%
  • MCM State: Distribution
  • Volume Context: Low

Supply/Demand Zones

Demand Zones

Zone Range Status Strength
D1 1.36850-1.36900 Fresh Strong
D2 1.36750-1.36800 Tested Moderate

Supply Zones

Zone Range Status Strength
S1 1.37100-1.37150 Fresh Strong
S2 1.37200-1.37250 Tested Moderate

Support/Resistance Matrix

Level Type Price Strength Distance
R2 Psychological/Structural 1.37500 Strong +0.36%
R1 Structural 1.37200 Moderate +0.15%
Current - 1.37000 - -
S1 Structural 1.36900 Strong -0.07%
S2 Psychological 1.36800 Moderate -0.15%

Liquidity Hunt Map

  • Buy-Stop Clusters: 1.37150, 1.37250
  • Sell-Stop Clusters: 1.36850, 1.36750
  • Recent Sweeps: Session low at 1.36863
  • Next Target: Sell stops below 1.36850

Fear Factor Meter

FEAR [πŸ”΄πŸ”΄πŸŸ πŸŸ πŸŸ‘πŸŸ’πŸŸ’πŸŸ’πŸŸ’πŸŸ’] GREED
              β–²
        Score: 6/10 - Mild Greed

Inputs: DXY=108.5, VIX=14.2, US10Y=4.52%

Directional Bias

  • Bias: Short
  • Confidence: Medium
  • Rationale: Distribution phase in low-volume Asian session favors mean reversion from fresh supply near session high; IF retest S1 β†’ probable downside continuation.

Action Zones

Setup Entry Trigger TP1 TP2 SL
πŸ”΄ Short S1 Upthrust rejection 1.36900 1.36850 1.37200
🟒 Long D1 Spring bounce 1.36950 1.37050 1.36800

Momentum View

IF price rejects S1 supply β†’ likely markdown to D1 demand; otherwise neutral range until London open.