USDCAD London briefing — 2026-09-29

BIAS BULLISH. Trend vote (D1+H4+H1 EMAs), H4/H1 fair value gaps, and bullish D1 structure drive conviction despite RSI overbought at 78.27. KEY LEVELS R: 1.41935, 1.42, 1.425 | S: 1.415, 1.41, 1.37547 NEWS 🟡 Fed Musallem speech (USD) 11:30 UTC 🟡 GDP MoM (CAD) 12:30 UTC 🟡 Redbook Index YoY (USD) 12:55 UTC SESSION OUTLOOK London session opens into medium-impact data. Watch price reaction at 1.41935 resistance; overbought RSI may trigger pullback toward 1.415 support before continuation.

Key Levels

R: 1.41935 · 1.42000 · 1.42500

S: 1.41500 · 1.41000 · 1.37547