USDCAD US Dollar/Canadian Dollar

USDCAD London Session Report - 2026-03-17

Session London Session
Date March 17, 2026
Bias
🟒 Long
Confidence Medium

Session Snapshot

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

Supply/Demand Zones

Demand Zones

Zone Range Status Strength
D1 1.3686-1.3692 Fresh Strong
D2 1.3670-1.3675 Tested Moderate

Supply Zones

Zone Range Status Strength
S1 1.3710-1.3714 Fresh Strong
S2 1.3725-1.3730 Tested Moderate

Support/Resistance Matrix

Level Type Price Strength Distance
R2 Psychological/Structural 1.37500 Strong +0.4%
R1 Structural 1.37140 Moderate +0.1%
Current - 1.37000 - -
S1 Structural 1.36900 Strong -0.1%
S2 Psychological 1.36750 Moderate -0.2%

Liquidity Hunt Map

  • Buy-Stop Clusters: Above 1.37140
  • Sell-Stop Clusters: Below 1.36860
  • Recent Sweeps: Low at 1.36863
  • Next Target: High liquidity above 1.37140

Fear Factor Meter

FEAR [πŸ”΄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: Long
  • Confidence: Medium
  • Rationale: Higher highs in high-volume London session with DXY strength support markup continuation, though Core Retail Sales may introduce volatility.

Action Zones

Setup Entry Trigger TP1 TP2 SL
🟒 Long D1 (1.3686-1.3692) Pullback hold + bullish OB 1.37140 1.37250 1.36800
πŸ”΄ Short S1 (1.3710-1.3714) Upthrust rejection 1.36900 1.36860 1.37180

Momentum View

IF D1 holds on pullback β†’ likely markup resumption targeting S1, else possible distribution if S1 rejects sharply.