USDCAD Asia briefing — 2026-11-05

BIAS BEARISH. D1 + H4 + H1 EMA alignment, bearish fair value gaps on H4 and H1, and downtrend structure drive this direction. KEY LEVELS R: 1.4, 1.405, 1.43015 | S: 1.395, 1.39311, 1.39 NEWS 🟡 Challenger Job Cuts (USD) Thu 10:30 UTC 🟡 Initial Jobless Claims (USD) Thu 13:30 UTC 🟡 Continuing Jobless Claims (USD) Thu 13:30 UTC SESSION OUTLOOK Watch Asia close into NY open for liquidity grabs at resistance. Jobless data may spark USD volatility; monitor reaction around support holds.

Key Levels

R: 1.40000 · 1.40500 · 1.43015

S: 1.39500 · 1.39311 · 1.39000