USDCAD London briefing — 2026-10-05

BIAS BULLISH. D1 + H4 + H1 EMA alignment, bullish fair value gaps on both H4 and H1, and daily structure all reinforce upside momentum. KEY LEVELS R: 1.43, 1.435 | S: 1.425, 1.42, 1.37598 NEWS 🟡 S&P Global Composite PMI (USD) — 13:45 UTC 🟡 ISM Services Employment Index (USD) — 14:00 UTC SESSION OUTLOOK London opens into USD PMI data. Watch for breakout attempts above 1.43 resistance on bullish confirmation; support holds at 1.425.

Key Levels

R: 1.42941 · 1.43000 · 1.43500

S: 1.42500 · 1.42000 · 1.37598