USDCAD London briefing — 2026-10-02

BIAS BULLISH. D1 structure, H4 EMA, and combined trend vote drive upside; H4 fair value gaps support buyers despite H1 bearish FVGs and neutral RSI. KEY LEVELS R: 1.425, 1.42636, 1.43 | S: 1.42, 1.415, 1.37598 NEWS 🔴 Average Hourly Earnings (MoM/YoY) Fri 12:30 UTC | 🟡 Average Weekly Hours Fri 12:30 UTC SESSION OUTLOOK US jobs data at 12:30 UTC will test bullish bias. Watch price reaction at 1.425 resistance; holds confirm uptrend continuation.

Key Levels

R: 1.42500 · 1.42636 · 1.43000

S: 1.42000 · 1.41500 · 1.37598