USDCAD US Dollar/Canadian Dollar

USDCAD London Session Report - 2026-03-08

Session London Session
Date March 08, 2026
Bias
🟒 Long
Confidence Medium

Session Snapshot

  • Open: 1.35918
  • High: 1.36136
  • Low: 1.35864
  • Close: 1.36000
  • Change: +0.06%
  • MCM State: Markup
  • Volume Context: High

Supply/Demand Zones

Demand Zones

Zone Range Status Strength
D1 1.35864-1.35918 Fresh Strong
D2 1.35650-1.35750 Tested Moderate

Supply Zones

Zone Range Status Strength
S1 1.36100-1.36136 Fresh Strong
S2 1.36250-1.36300 Tested Moderate

Support/Resistance Matrix

Level Type Price Strength Distance
R2 Psychological/Structural 1.36500 Strong +0.37%
R1 Structural 1.36200 Moderate +0.15%
Current - 1.36000 - -
S1 Structural 1.35864 Strong -0.10%
S2 Psychological 1.35500 Moderate -0.37%

Liquidity Hunt Map

  • Buy-Stop Clusters: 1.36150, 1.36200
  • Sell-Stop Clusters: 1.35800, 1.35700
  • Recent Sweeps: Low at 1.35864
  • Next Target: 1.36150 (session high extension)

Fear Factor Meter

FEAR [DXY=108.5↑, VIX=14.2↓, US10Y=4.52%↑] GREED
              β–²
        Score: 7/10 - Mild Greed

Directional Bias

  • Bias: Long
  • Confidence: Medium
  • Rationale: USD strength from rising DXY supports markup continuation in high-volume London session; fresh demand at session low likely holds on pullback.

Action Zones

Setup Entry Trigger TP1 TP2 SL
🟒 Long D1 (1.35864-1.35918) Bounce + OB window 1.36100 1.36200 1.35800
πŸ”΄ Short S1 (1.36100-1.36136) Rejection wick 1.35900 1.35800 1.36150

Momentum View

IF pullback holds D1 fresh demand during OB window β†’ likely markup resumption toward S1; else possible distribution if S1 rejects sharply pre-news.