USDCAD Asia briefing — 2026-09-01

BIAS NEUTRAL — H4 bearish vs H1 neutral vs D1 bullish creates conflicting signals; RSI at 35 offers no conviction either direction. KEY LEVELS R: 1.39, 1.395, 1.39584 | S: 1.385, 1.38, 1.37329 NEWS 🟡 Redbook Index (USD) 12:55 UTC 🟡 Fed's Barr speech (USD) 13:05 UTC 🟡 S&P Global Manufacturing PMI (CAD) 13:30 UTC SESSION OUTLOOK Three medium-impact events cluster tightly; USD strength from Barr could pressure lows, while PMI data may spark CAD volatility. Watch 1.385 hold.

Key Levels

R: 1.39000 · 1.39500 · 1.39584

S: 1.38500 · 1.38000 · 1.37329