USDCAD Asia briefing — 2026-08-13

BIAS BEARISH. D1 structure bearish; H4 EMA confirms downtrend. H1 neutral divergence limits conviction but doesn't flip the bias—daily structure has priority. KEY LEVELS R: 1.395, 1.4, 1.41292 | S: 1.39081, 1.39, 1.385 NEWS 🟡 Hammack speech (Fed) Thu 12:15 UTC 🟡 Initial Jobless Claims Thu 12:30 UTC 🟡 Continuing Claims Thu 12:30 UTC SESSION OUTLOOK Asia session lacks major CAD drivers. USD strength from Hammack speech could pressure USDCAD lower toward supports if risk sentiment softens. Watch 1.395 resistance hold.

Key Levels

R: 1.39500 · 1.40000 · 1.41292

S: 1.39081 · 1.39000 · 1.38500