USDCAD US Dollar/Canadian Dollar

USDCAD London Session Report - 2026-01-16

Session London Session
Date January 16, 2026
Bias
🟒 Long
Confidence High

Session Snapshot

  • Open: 1.38917
  • High: 1.39139
  • Low: 1.38861
  • Close: 1.39000
  • Change: +0.06%
  • MCM State: Markup
  • Volume Context: High

Supply/Demand Zones

Demand Zones

Zone Range Status Strength
D1 1.38860-1.38920 Fresh Strong
D2 1.38700-1.38750 Tested Moderate

Supply Zones

Zone Range Status Strength
S1 1.39120-1.39150 Fresh Strong
S2 1.39250-1.39300 Tested Moderate

Support/Resistance Matrix

Level Type Price Strength Distance
R2 Psychological/Structural 1.39500 Strong +0.36%
R1 Structural 1.39200 Moderate +0.14%
Current - 1.39000 - -
S1 Structural 1.38800 Strong -0.14%
S2 Psychological 1.38500 Moderate -0.36%

Liquidity Hunt Map

  • Buy-Stop Clusters: 1.39150, 1.39300
  • Sell-Stop Clusters: 1.38800, 1.38550
  • Recent Sweeps: Session low at 1.38861
  • Next Target: Buy stops above 1.39139

Fear Factor Meter

FEAR [πŸ”΄πŸŸ πŸŸ πŸŸ‘πŸŸ’πŸŸ’πŸŸ’πŸŸ’] GREED
              β–²
        Score: 7/10 - Greedy

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

Directional Bias

  • Bias: Long
  • Confidence: High
  • Rationale: London session momentum favors continuation in markup phase with fresh demand holding; DXY strength supports USD upside ahead of retail sales data.

Action Zones

Setup Entry Trigger TP1 TP2 SL
πŸ“ˆ Long D1 (1.38860-1.38920) Spring bounce 1.39150 1.39250 1.38800

Momentum View

IF price holds above D1 fresh demand β†’ likely markup extension targeting S1 supply, trail stops on higher lows.