USDCAD US Dollar/Canadian Dollar

USDCAD London Session Report - 2026-04-12

Session London Session
Date April 12, 2026
Bias
πŸ”΄ Short
Confidence Medium

Session Snapshot

  • Open: 1.37917
  • High: 1.38138
  • Low: 1.37862
  • Close: 1.38000
  • Change: +0.06%
  • MCM State: Markup
  • Volume Context: High

Supply/Demand Zones

Demand Zones

Zone Range Status Strength
D1 1.37860-1.37920 Fresh Strong
D2 1.37700-1.37750 Tested Moderate

Supply Zones

Zone Range Status Strength
S1 1.38120-1.38150 Fresh Strong
S2 1.38250-1.38300 Tested Moderate

Support/Resistance Matrix

Level Type Price Strength Distance
R2 Psychological/Structural 1.38500 Strong +0.36%
R1 Structural 1.38140 Moderate +0.10%
Current - 1.38000 - -
S1 Structural 1.37920 Strong -0.06%
S2 Psychological 1.37800 Moderate -0.14%

Liquidity Hunt Map

  • Buy-Stop Clusters: Above 1.38140
  • Sell-Stop Clusters: Below 1.37860
  • Recent Sweeps: Session low at 1.37862
  • Next Target: 1.38140 high

Fear Factor Meter

FEAR [πŸ”΄πŸŸ πŸŸ πŸŸ‘πŸŸ’πŸŸ’] GREED
              β–²
        Score: 5/10 - Neutral

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

Directional Bias

  • Bias: Short
  • Confidence: Medium
  • Rationale: Fresh supply at session high likely to cap upside in high-volume London; USD strength from DXY adds downward pressure ahead of retail sales.

Action Zones

Setup Entry Trigger TP1 TP2 SL
πŸ”΄ Short S1 1.38120-1.38150 Upthrust rejection 1.37920 1.37860 1.38200
🟒 Long D1 1.37860-1.37920 Spring bounce 1.38050 1.38140 1.37800

Momentum View

IF rejection at S1 fresh supply β†’ likely pullback to D1 demand during retail sales volatility.