USDCAD US Dollar/Canadian Dollar

USDCAD London Session Report - 2026-04-29

Session London Session
Date April 29, 2026
Bias
🟒 Long
Confidence Medium

Session Snapshot

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

Supply/Demand Zones

Demand Zones

Zone Range Status Strength
D1 1.36860-1.36920 Fresh Strong
D2 1.36750-1.36800 Tested Moderate

Supply Zones

Zone Range Status Strength
S1 1.37100-1.37140 Fresh Strong
S2 1.37250-1.37300 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 high

Fear Factor Meter

FEAR [πŸ”΄πŸŸ πŸŸ πŸŸ‘πŸŸ’πŸŸ’πŸŸ’] GREED
              β–²
        Score: 6/10 - Neutral

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

Directional Bias

  • Bias: Long
  • Confidence: Medium
  • Rationale: Markup phase with fresh demand hold and USD strength likely supports continuation if pullback respects D1.

Action Zones

Setup Entry Trigger TP1 TP2 SL
🟒 D1 1.36860-1.36920 Spring rejection 1.37140 1.37200 1.36800

Momentum View

IF price holds D1 fresh demand on pullback β†’ likely markup extension toward S1; ELSE distribution possible pre-news.