EURCAD Asia briefing — 2026-10-01

BIAS BULLISH. D1 + H4 + H1 trend alignment combined with bullish H1 fair value gaps drive conviction; H4 FVGs bearish but overridden by multi-timeframe structure agreement. KEY LEVELS R: 1.61373, 1.615, 1.62 | S: 1.61, 1.605, 1.5996 NEWS 🟡 HCOB Manufacturing PMI (EUR) – 08:00 UTC 🟡 Cipollone speech (ECB) – 08:20 UTC 🟡 Nagel speech (ECB) – 10:35 UTC SESSION OUTLOOK ECB speakers dominate Asia close; watch for EUR volatility spikes that may test resistance if hawkish tones emerge. H1 structure supports moves into 1.615 zone.

Key Levels

R: 1.61373 · 1.61500 · 1.62000

S: 1.61000 · 1.60500 · 1.59960