EURCAD London briefing — 2026-05-13

BIAS BEARISH. H4 EMA bearish structure overrides neutral RSI and D1; lower timeframe confirms downside bias. KEY LEVELS R: 1.61513, 1.615, 1.61 | S: 1.605, 1.6, 1.59052 NEWS 🟡 Employment Change QoQ (EUR) 09:00 UTC 🟡 GDP s.a. QoQ (EUR) 09:00 UTC 🟡 Employment Change YoY (EUR) 09:00 UTC SESSION OUTLOOK EU employment and GDP data may trigger volatility around London open. Watch 1.605 support; break below targets 1.6 in weakening momentum. PRO UNLOCKS Entry, SL, TP1, TP2, FVG zones, liquidity sweeps, Fibonacci targets—unlock with Pro.

Key Levels

R: 1.61000 · 1.61500 · 1.61513

S: 1.60500 · 1.60000 · 1.59052