EURCAD Asia briefing — 2026-10-28

BIAS BEARISH. D1 + H4 + H1 EMA alignment combined with bearish H4 and H1 fair value gaps drive direction. KEY LEVELS R: 1.565, 1.57, 1.6141 | S: 1.56072, 1.56, 1.555 NEWS 🔴 BoC Interest Rate Decision, Monetary Policy Report, Statement — Wed 28 Oct 13:45 UTC SESSION OUTLOOK BoC event risk dominates. Expect volatility around 13:45 UTC; watch for CAD reaction that may accelerate or reverse the bearish setup.

Key Levels

R: 1.56500 · 1.57000 · 1.61410

S: 1.56072 · 1.56000 · 1.55500