USDCAD New York briefing — 2026-11-05

BIAS BEARISH. D1 + H4 + H1 trend confluence, H1 fair value gap bias, and D1 structure alignment drive direction despite neutral RSI. KEY LEVELS R: 1.40, 1.405, 1.43015 | S: 1.395, 1.39311, 1.39 NEWS 🟡 Initial Jobless Claims (USD) Thu 13:30 UTC 🔴 Continuing Jobless Claims (USD) Thu 13:30 UTC SESSION OUTLOOK Jobless data releases at New York open may spark USD volatility. Watch for break below 1.395 support to confirm bearish bias continuation.

Key Levels

R: 1.40000 · 1.40500 · 1.43015

S: 1.39500 · 1.39311 · 1.39000