USDCAD London briefing — 2026-10-30

BIAS BEARISH. D1 + H4 + H1 EMA alignment drives direction; liquidity sweep and H4 FVGs offer counter-structure, but trend vote dominates. KEY LEVELS R: 1.40, 1.405, 1.43015 | S: 1.3959, 1.395, 1.39 NEWS 🟡 CAD GDP (MoM) — 12:30 UTC 🟡 USD ECI — 12:30 UTC 🟡 USD Chicago PMI — 13:45 UTC SESSION OUTLOOK Canada GDP and US data confluence at London open creates volatility. Watch support holds as bearish structure tests lower zones.

Key Levels

R: 1.40000 · 1.40500 · 1.43015

S: 1.39590 · 1.39500 · 1.39000