USDCAD New York briefing — 2026-05-15

BIAS BULLISH. D1 structure + aligned H4/H1 EMAs confirm uptrend despite RSI overbought at 76.03. KEY LEVELS R: 1.37584, 1.38, 1.385 | S: 1.375, 1.37, 1.35503 NEWS 🟡 Capacity Utilization 13:15 UTC | 🟡 Industrial Production (MoM) 13:15 UTC | 🔴 Baker Hughes Oil Rig Count 17:00 UTC SESSION OUTLOOK Weak USD data (capacity, production) supports bullish momentum into resistance. Oil rig data at NY close may trigger late volatility. PRO UNLOCKS Entry 1.37584 | SL 1.37 | TP1 1.38 | TP2 1.385 | FVG 1.376–1.374

Key Levels

R: 1.37584 · 1.38000 · 1.38500

S: 1.37500 · 1.37000 · 1.35503