USDCAD US Dollar/Canadian Dollar

USDCAD London Session Report - 2026-04-08

Session London Session
Date April 08, 2026
Bias
🟒 Long
Confidence Medium

Session Snapshot

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

Supply/Demand Zones

Demand Zones

Zone Range Status Strength
D1 1.3886-1.3892 Fresh Strong
D2 1.3870-1.3875 Tested Moderate

Supply Zones

Zone Range Status Strength
S1 1.3912-1.3920 Fresh Strong
S2 1.3925-1.3932 Tested Moderate

Support/Resistance Matrix

Level Type Price Strength Distance
R2 Psychological/Structural 1.3950 Strong +0.36%
R1 Structural 1.3914 Moderate +0.10%
Current - 1.39000 - -
S1 Structural 1.3892 Strong -0.06%
S2 Psychological 1.3880 Moderate -0.14%

Liquidity Hunt Map

  • Buy-Stop Clusters: Above 1.3914 (session high)
  • Sell-Stop Clusters: Below 1.3886 (session low)
  • Recent Sweeps: Session low at 1.38861
  • Next Target: Buy-side liquidity above 1.3914

Fear Factor Meter

FEAR [πŸ”΄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: London session momentum favors continuation in markup phase with DXY strength; fresh demand likely holds pullbacks.

Action Zones

Setup Entry Trigger TP1 TP2 SL
🟒 Long D1 (1.3886-1.3892) Bounce/hammer 1.3914 1.3930 1.3880
πŸ”΄ Short S1 (1.3912-1.3920) Rejection/upthrust 1.3892 1.3880 1.3925

Momentum View

IF pullback tests fresh D1 and holds with absorption THEN likely markup resumption targeting S1 fresh supply.