EURCAD Asia briefing — 2026-10-29

BIAS BEARISH. D1 + H4 + H1 trend confluence, H4 and H1 fair-value gaps, and lows sweep create downside momentum despite neutral RSI. KEY LEVELS R: 1.565, 1.57, 1.60712 | S: 1.56009, 1.56, 1.555 NEWS 🟡 Business Climate (EUR) Thu 10:00 UTC 🟡 Consumer Confidence (EUR) Thu 10:00 UTC 🟡 Economic Sentiment Indicator (EUR) Thu 10:00 UTC SESSION OUTLOOK Three medium-impact EUR data releases at Asia open may test support. Watch sweep-to-FVG rejection patterns for continuation signals.

Key Levels

R: 1.56500 · 1.57000 · 1.60712

S: 1.56009 · 1.56000 · 1.55500