USDCAD London briefing — 2026-07-22

BIAS BULLISH — H1 EMA bullish despite H4 neutrality; RSI 59.85 neutral but price holding above 1.405 support shows upside bias. KEY LEVELS R: 1.41, 1.415, 1.42391 | S: 1.405, 1.4001, 1.40 NEWS 🟡 MBA Mortgage Applications (11:00 UTC) 🟡 EIA Crude Oil Stocks (14:30 UTC) 🟡 20-Year Bond Auction (17:00 UTC) SESSION OUTLOOK London session favors consolidation near 1.41 resistance. Watch for bond auction reaction at 17:00 UTC; weak treasury demand could support USD strength. PRO UNLOCKS Entry zones, optimal SL placement, FVG targets, liquidity sweeps — unlock with Pro subscription.

Key Levels

R: 1.41000 · 1.41500 · 1.42391

S: 1.40500 · 1.40010 · 1.40000