USDCAD London briefing — 2026-09-17

BIAS NEUTRAL — RSI overbought at 77.63 conflicts with bullish EMA alignment and D1 structure; momentum exhaustion risk overrides directional conviction. KEY LEVELS R: 1.39982, 1.4, 1.405 | S: 1.395, 1.39, 1.37547 NEWS 🟡 Canadian Portfolio Investment in Foreign Securities, Employment Insurance Beneficiaries, Foreign Portfolio Investment in Canadian Securities — all LOW impact at 12:30 UTC. SESSION OUTLOOK London opens into overbought conditions near 1.4 resistance. Watch for pullback toward 1.395 support or rejection at resistance; low-impact data poses minimal volatility catalyst.

Key Levels

R: 1.39982 · 1.40000 · 1.40500

S: 1.39500 · 1.39000 · 1.37547