USDCAD London briefing — 2026-05-15

BIAS BULLISH. D1 structure confirms; H4/H1 EMAs aligned despite RSI overbought at 70.75. KEY LEVELS R: 1.375, 1.37571, 1.38 | S: 1.37, 1.365, 1.35503 NEWS 🟡 Housing Starts YoY (CAD) — 12:15 UTC 🟡 Canadian Portfolio Investment in Foreign Securities — 12:30 UTC 🟡 Foreign Portfolio Investment in Canadian Securities — 12:30 UTC SESSION OUTLOOK Three low-impact data prints cluster at London mid-session. Watch 1.375 resistance for breakout confirmation; overbought RSI suggests pullback risk to 1.37 support before continuation. PRO UNLOCKS Entry, SL, TP1, TP2, FVG zones, liquidity sweeps, Fibonacci targets — unlock with

Key Levels

R: 1.37500 · 1.37571 · 1.38000

S: 1.37000 · 1.36500 · 1.35503