USDCAD London briefing — 2026-08-25

BIAS NEUTRAL. RSI overbought at 72.46 clashes with H4 neutrality; H1 bullish conflicts with D1 structure lacking fresh momentum confirmation. KEY LEVELS R: 1.39, 1.395, 1.40372 | S: 1.385, 1.38, 1.37329 NEWS 🟡 ADP Employment Change 4-week avg (Tue 12:15 UTC) 🟡 Housing Price Index MoM (Tue 13:00 UTC) 🟡 Redbook Index YoY (Tue 12:55 UTC) SESSION OUTLOOK Medium US data hits mid-London; watch for USD reaction. Overbought conditions invite pullback toward 1.385 unless data ignites fresh bullish conviction.

Key Levels

R: 1.39000 · 1.39500 · 1.40372

S: 1.38500 · 1.38000 · 1.37329