EURCAD Asia briefing — 2026-10-14

BIAS BEARISH. D1 structure, H4 EMA, and H1 EMA alignment override liquidity sweep and H1 FVGs; H4 fair value gaps confirm downside pressure. KEY LEVELS R: 1.600, 1.6141 | S: 1.59, 1.58981, 1.585 NEWS 🔴 ECB Lagarde speech Wed 02:10 UTC 🔴 BoC Macklem speech Wed 06:05 UTC 🟡 ECB Elderson speech Wed 08:00 UTC SESSION OUTLOOK Lagarde and Macklem speeches drive volatility; watch 1.59 support hold into Asia close. Bearish momentum likely tests lower zones.

Key Levels

R: 1.59500 · 1.60000 · 1.61410

S: 1.59000 · 1.58981 · 1.58500