USDCAD Asia briefing — 2026-10-29

BIAS BEARISH. D1 + H4 + H1 trend alignment (all bearish) + H1 fair value gaps confirm downside bias despite neutral RSI. KEY LEVELS R: 1.4, 1.405, 1.43015 | S: 1.39697, 1.395, 1.39 NEWS 🔴 Core PCE MoM/YoY (USD) Thu 12:30 UTC 🟡 Continuing Jobless Claims (USD) Thu 12:30 UTC SESSION OUTLOOK Asia opens into support cluster 1.39–1.39697. US data at 12:30 UTC will test conviction; watch price reaction at resistance 1.4.

Key Levels

R: 1.40000 · 1.40500 · 1.43015

S: 1.39697 · 1.39500 · 1.39000