USDCAD New York briefing — 2026-11-06

BIAS BULLISH. H4 and H1 fair value gaps combined with H1 EMA bullish lean drive directional bias despite neutral D1 structure and RSI divergence. KEY LEVELS R: 1.41, 1.415, 1.42994 | S: 1.405, 1.4, 1.39311 NEWS 🔴 Net Change in Employment (CAD) 13:30 UTC 🟡 Average Hourly Wages YoY (CAD) 13:30 UTC 🟢 Participation Rate (CAD) 13:30 UTC SESSION OUTLOOK Canadian employment data at 13:30 UTC is primary volatility trigger. Watch price hold above 1.405 support; breaks into FVG zones confirm momentum.

Key Levels

R: 1.41000 · 1.41500 · 1.42994

S: 1.40500 · 1.40000 · 1.39311