As of the last completed session (2026-09-15), USD/CAD's pivot sits at 1.39117, with resistance at 1.39297 and 1.39469, and support at 1.38945 and 1.38765.
Over the trailing 20 trading days (2026-08-19 to 2026-09-15), price has not closed a session above 1.39393 or below 1.37316, the range worth watching for a genuine breakout rather than an intraday spike.
FirstBuckFX's live confluence model currently reads buy on USD/CAD at 37% confidence, with the underlying trend classified as bullish. 1 of the model's tracked conditions are currently bullish against 1 bearish.
The component scores behind that read: RSI 15.0, MACD 15.0, EMA structure 7.0, support/resistance 14.0.
Speculators are currently net long 17,604 USD futures contracts per the latest CFTC data (week of 2026-09-08), up from 17,025 the week of 2026-09-01. Speculators are currently net short 70,499 CAD futures contracts per the latest CFTC data (week of 2026-09-08), up from -108,143 the week of 2026-09-01.
Positioning like this describes what large speculators are already doing; it is not a prediction. A heavily one-sided position can persist for a long stretch before it unwinds, or it can reverse quickly if the underlying fundamental story shifts.
On FirstBuckFX's currency strength meter, USD currently ranks 8 of 8 tracked currencies (score -0.3), while CAD ranks 7 of 8 (score -0.2). CAD is the relatively stronger of the two right now.