USDCAD New York briefing — 2026-08-04

BIAS BULLISH — D1 structure bullish; H4/H1 EMAs neutral but RSI at 63.54 approaches overbought without confirmation divergence. Daily bias intact. KEY LEVELS R: 1.41, 1.41292, 1.415 | S: 1.405, 1.4, 1.39911 NEWS 🟡 Redbook Index YoY (USD) 12:55 UTC 🟡 S&P Global Manufacturing PMI (CAD) 13:30 UTC 🟡 Factory Orders MoM (USD) 14:00 UTC SESSION OUTLOOK Three medium-impact data prints cluster mid-afternoon. Watch CAD PMI and USD Factory Orders for momentum confirmation or pullback signals near 1.41 resistance.

Key Levels

R: 1.41000 · 1.41292 · 1.41500

S: 1.40500 · 1.40000 · 1.39911