EURCAD London briefing — 2026-09-30

BIAS BULLISH. Daily structure and H4 EMA alignment drive directional bias despite H1 neutrality and opposing FVG signals. KEY LEVELS R: 1.61373, 1.615 | S: 1.605, 1.6, 1.5996 NEWS 🟡 ECB Schnabel speech (Wed 15:45 UTC) 🟡 ECB Cipollone speech (Thu 08:20 UTC) SESSION OUTLOOK Watch for breakout above 1.61373 resistance on Schnabel remarks. H1 FVGs below price present downside risk if momentum stalls.

Key Levels

R: 1.61000 · 1.61373 · 1.61500

S: 1.60500 · 1.60000 · 1.59960