USDCAD US Dollar/Canadian Dollar

USDCAD NY Session Report - 2026-04-16

Session NY Session
Date April 16, 2026
Bias
πŸ”΄ Short
Confidence High

Session Snapshot

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

Supply/Demand Zones

Demand Zones

Zone Range Status Strength
D1 1.36863-1.36918 Fresh Strong
D2 1.36700-1.36750 Tested Moderate

Supply Zones

Zone Range Status Strength
S1 1.37050-1.37137 Fresh Strong
S2 1.37200-1.37250 Tested Moderate

Support/Resistance Matrix

Level Type Price Strength Distance
R2 Psychological/Structural 1.37500 Strong +0.36%
R1 Structural 1.37200 Moderate +0.15%
Current - 1.37000 - -
S1 Structural 1.36900 Strong -0.07%
S2 Psychological 1.36500 Moderate -0.36%

Liquidity Hunt Map

  • Buy-Stop Clusters: 1.37150-1.37200
  • Sell-Stop Clusters: 1.36800-1.36850
  • Recent Sweeps: Session low at 1.36863
  • Next Target: Buy stops above 1.37137

Fear Factor Meter

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

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

Directional Bias

  • Bias: Short
  • Confidence: High
  • Rationale: USD strength from rising DXY and yields likely pressures CAD amid peak NY volume; watch Retail Sales for confirmation.

Action Zones

Setup Entry Trigger TP1 TP2 SL
πŸ”΄ Short S1 Upthrust in OB window 1.36900 1.36750 1.37150
🟒 Long D1 Spring rejection 1.36950 1.37050 1.36800

Momentum View

IF Core Retail Sales beats estimates β†’ THEN probable downside acceleration into D1 with fresh demand test.