USDCAD London briefing — 2026-08-27

BIAS NEUTRAL. H4 EMA neutral conflicts H1 bullish; RSI overbought at 1.38908 signals exhaustion despite intraday strength. D1 structure offers no clear directional commitment. KEY LEVELS R: 1.39, 1.395, 1.39685 | S: 1.385, 1.38, 1.37329 NEWS 🟡 Current Account (CAD) Thu 12:30 UTC 🟡 Continuing Jobless Claims (USD) Thu 12:30 UTC 🟡 Goods Trade Balance (USD) Thu 12:30 UTC SESSION OUTLOOK CAD data may trigger volatility around mid-London. Watch whether price respects 1.39 resistance or pulls back toward 1.385 support as overbought conditions unwind.

Key Levels

R: 1.39000 · 1.39500 · 1.39685

S: 1.38500 · 1.38000 · 1.37329