USDCAD New York briefing — 2026-10-30

BIAS BEARISH. D1 trend, H4 EMA, and H1 EMA alignment drives direction; liquidity sweep and H4 FVGs provide counterweight but don't override the composite bearish structure. KEY LEVELS R: 1.4, 1.405, 1.43015 | S: 1.395, 1.39498, 1.39 NEWS 🟡 CAD GDP MoM – Fri 12:30 UTC 🟡 USD Employment Cost Index – Fri 12:30 UTC 🟡 Chicago PMI – Fri 13:45 UTC SESSION OUTLOOK Three medium-impact events converge at NY open; watch for H1 retest of support into data. Momentum likely dictates whether sweep setup triggers or breakdown resumes.

Key Levels

R: 1.40000 · 1.40500 · 1.43015

S: 1.39500 · 1.39498 · 1.39000