EURAUD London briefing — 2026-10-22

BIAS NEUTRAL. H4 fair-value gaps lean bearish while H1 gaps lean bullish; trend votes across timeframes lack conviction. KEY LEVELS R: 1.605, 1.61, 1.6335 | S: 1.6, 1.595, 1.59343 NEWS 🟡 ECB Panetta speech (EUR) – Thu 12:15 UTC 🟡 Consumer Confidence (EUR) – Thu 14:00 UTC 🟡 S&P Global PMI (AUD) – Thu 22:00 UTC SESSION OUTLOOK Price consolidates near 1.60419 ahead of three medium-impact events. Watch ECB and confidence data for EUR direction; AUD PMI arrives post-London close.

Key Levels

R: 1.60500 · 1.61000 · 1.63350

S: 1.60000 · 1.59500 · 1.59343