EURCAD London briefing — 2026-09-21

BIAS BULLISH. Trend vote (D1 + EMA H4 + EMA H1) and H4 fair value gaps drive conviction despite liquidity sweep of highs and H1 FVG bearishness. KEY LEVELS R: 1.61417, 1.615 | S: 1.605, 1.6, 1.5996 NEWS 🔴 BoC Governor Macklem speech (15:00 UTC) 🔴 ECB President Lagarde speech (15:00 UTC) 🟡 ECB Cipollone speech (15:10 UTC) SESSION OUTLOOK Dual central bank speakers collide at 15:00. Expect volatility; CAD/EUR divergence could amplify moves into resistance zones.

Key Levels

R: 1.61000 · 1.61417 · 1.61500

S: 1.60500 · 1.60000 · 1.59960