USDCAD US Dollar/Canadian Dollar

USDCAD Asian Session Report - 2026-04-02

Session Asian Session
Date April 02, 2026
Bias
πŸ”΄ Short
Confidence Medium

Session Snapshot

  • Open: 1.38917
  • High: 1.39139
  • Low: 1.38861
  • Close: 1.39000
  • Change: +0.06%
  • MCM State: Distribution
  • Volume Context: Low

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 Fresh Moderate

Support/Resistance Matrix

Level Type Price Strength Distance
R2 Psychological/Structural 1.39500 Strong +0.36%
R1 Structural 1.39200 Moderate +0.14%
Current - 1.39000 - -
S1 Structural 1.38900 Strong -0.07%
S2 Psychological 1.38800 Moderate -0.18%

Liquidity Hunt Map

  • Buy-Stop Clusters: 1.39150, 1.39200
  • Sell-Stop Clusters: 1.38850, 1.38750
  • Recent Sweeps: None in last 4 hours
  • Next Target: Sell stops below 1.38860

Fear Factor Meter

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

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

Directional Bias

  • Bias: Short
  • Confidence: Medium
  • Rationale: Low-volume Asian range positions price near fresh supply, favoring rejection and mean reversion.

Action Zones

Setup Entry Trigger TP1 TP2 SL
πŸ”΄ Short S1 Upthrust rejection 1.38900 1.38860 1.39200
🟒 Long D1 Spring bounce 1.39100 1.39140 1.38800

Momentum View

IF rejection at S1 fresh supply THEN likely pullback to D1 demand, else possible trap to buy stops above.