EURCAD London briefing — 2026-09-14

BIAS BEARISH. D1 structure weak; H4 EMA bearish supports downside, though H1 neutral and RSI(14) at 35 lack confluence. KEY LEVELS R: 1.605, 1.61, 1.61879 | S: 1.6, 1.59791, 1.595 NEWS 🟡 ECB Schnabel speech 09:15 UTC 🔴 BoC CPI Core (YoY) 12:30 UTC 🟡 BoC CPI Core (MoM) 12:30 UTC SESSION OUTLOOK Schnabel may weigh EUR early. BoC CPI is high-impact; stronger data could accelerate CAD strength and push EURCAD lower toward 1.6 support.

Key Levels

R: 1.60500 · 1.61000 · 1.61879

S: 1.60000 · 1.59791 · 1.59500