EURCAD Asia briefing — 2026-10-21

BIAS BEARISH. D1 + H4 + H1 EMAs aligned downside; H4 and H1 fair value gaps confirm directional pressure despite neutral RSI(14). KEY LEVELS R: 1.58, 1.585, 1.6141 | S: 1.575, 1.57421, 1.57 NEWS 🟡 ECB Lane speech 04:15 UTC 🟡 ECB Nagel speech 07:15 UTC 🟡 ECB Cipollone speech 08:00 UTC SESSION OUTLOOK Asia session opens into ECB speak risk. Watch support holds at 1.575; breach exposes 1.57421. Gap fills and speech volatility may compress range early.

Key Levels

R: 1.58000 · 1.58500 · 1.61410

S: 1.57500 · 1.57421 · 1.57000