USDCAD London briefing — 2026-10-01

BIAS BULLISH. D1 + H4 + H1 EMA alignment, bullish fair value gaps (H4/H1), and H4 structure drive it; overbought RSI and liquidity sweep highs are overridden by trend confluence. KEY LEVELS R: 1.43, 1.425, 1.42489 | S: 1.42, 1.415, 1.37547 NEWS 🟡 Challenger Job Cuts (USD) Thu 09:30 UTC 🟡 Initial Jobless Claims (USD) Thu 12:30 UTC 🟡 Continuing Jobless Claims (USD) Thu 12:30 UTC SESSION OUTLOOK London session opens with jobless data risk ahead. Watch rejection at resistance 1.425–1.43 or hold above 1.42 support to confirm bullish bias continuation.

Key Levels

R: 1.42489 · 1.42500 · 1.43000

S: 1.42000 · 1.41500 · 1.37547