USDCAD London briefing — 2026-10-14

BIAS NEUTRAL. Liquidity sweep (bullish) conflicts with H4/H1 fair value gaps (bearish) and divergent EMA structure. KEY LEVELS R: 1.425, 1.43, 1.43015 | S: 1.42, 1.415, 1.39719 NEWS 🟡 Bowman speech (Fed) Wed 09:40 UTC | 🟡 MBA Mortgage Applications Wed 11:00 UTC | 🟡 Building Permits (CAD) Wed 12:30 UTC SESSION OUTLOOK London opens into Bowman remarks; watch USD volatility. Sweep of lows may attract shorts into H1 FVG zones.

Key Levels

R: 1.42500 · 1.43000 · 1.43015

S: 1.42000 · 1.41500 · 1.39719