USDCAD New York briefing — 2026-11-02

BIAS BEARISH. D1 + H4 + H1 EMA alignment drives direction despite bullish FVGs at both timeframes and neutral RSI. KEY LEVELS R: 1.4, 1.405, 1.43015 | S: 1.395, 1.39418, 1.39 NEWS 🟡 S&P Global Manufacturing PMI (CAD) 14:30 UTC 🟡 S&P Global Manufacturing PMI (USD) 14:45 UTC SESSION OUTLOOK CAD data at 14:30 takes priority for USDCAD direction. Watch price interaction with 1.395 support; bullish FVGs offer counter-trend setups if violated.

Key Levels

R: 1.40000 · 1.40500 · 1.43015

S: 1.39500 · 1.39418 · 1.39000