USDCAD US Dollar/Canadian Dollar

USDCAD NY Session Report - 2026-01-16

Session NY 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: Peak

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 1.39120-1.39140 Fresh Strong
S2 1.39250-1.39300 Tested Moderate

Support/Resistance Matrix

Level Type Price Strength Distance
R2 Psychological/Structural 1.39500 Strong +0.4%
R1 Structural 1.39200 Moderate +0.1%
Current - 1.39000 - -
S1 Structural 1.38900 Strong -0.1%
S2 Psychological 1.38800 Moderate -0.1%

Liquidity Hunt Map

  • Buy-Stop Clusters: 1.39150, 1.39200
  • Sell-Stop Clusters: 1.38800, 1.38700
  • Recent Sweeps: Session low at 1.38861
  • Next Target: Buy stops above 1.39140

Fear Factor Meter

FEAR [🟠🟠🟑🟒🟒] GREED
              β–²
        Score: 6/10 - Mild Greed

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

Directional Bias

  • Bias: Long
  • Confidence: High
  • Rationale: Peak NY volume supports momentum continuation amid DXY strength; fresh demand likely holds pullbacks.

Action Zones

Setup Entry Trigger TP1 TP2 SL
🟒 D1 Spring 1.39150 1.39300 1.38800
πŸ”΄ S1 Upthrust 1.38850 1.38700 1.39180

Momentum View

IF price holds above 1.39000 on pullback to D1 β†’ likely markup targets S1 fresh supply for continuation.