EURCAD Asia briefing — 2026-10-08

BIAS BEARISH. D1 + H4 + H1 EMAs aligned downward; H4 and H1 fair value gaps reinforce lower trajectory; RSI neutral supports continuation without rejection. KEY LEVELS R: 1.6141, 1.605, 1.6 | S: 1.59075, 1.595, 1.59 NEWS 🔴 ECB Monetary Policy Meeting Accounts – Thu 08 Oct 11:30 UTC 🟡 ECB Lane speech – Thu 08 Oct 10:00 UTC 🟡 ECB Cipollone speech – Fri 09 Oct 10:15 UTC SESSION OUTLOOK ECB event risk today may trigger volatility around 1.6 resistance. Watch for bearish continuation into support zone below current price.

Key Levels

R: 1.60000 · 1.60500 · 1.61410

S: 1.59500 · 1.59075 · 1.59000