EURCAD London briefing — 2026-10-01

BIAS BULLISH. D1 + H4 + H1 trend alignment and H1 fair value gaps override liquidity sweep and H4 FVG bearish signals. KEY LEVELS R: 1.6141, 1.615, 1.62 | S: 1.61, 1.605, 1.5996 NEWS 🟡 HCOB Manufacturing PMI (EUR) 08:00 UTC 🟡 ECB Cipollone speech 08:20 UTC 🟡 ECB Nagel speech 10:35 UTC SESSION OUTLOOK ECB rhetoric may pressure EUR early; watch for H1 FVG support holds near 1.61. Resistance cluster at 1.6141–1.615 defines upside containment.

Key Levels

R: 1.61410 · 1.61500 · 1.62000

S: 1.61000 · 1.60500 · 1.59960