EURCAD London briefing — 2026-10-14

BIAS BEARISH. D1 + H4 + H1 trend alignment, H4 and H1 fair value gaps, and bearish D1 structure drive conviction. KEY LEVELS R: 1.600, 1.6141 | S: 1.59, 1.58981, 1.585 NEWS 🔴 Lagarde speech 08:30 UTC 🟡 Elderson speech 08:00 UTC 🟡 Escrivá speech 09:20 UTC SESSION OUTLOOK ECB speakers risk volatility; watch price reaction near 1.595 resistance. Bearish bias intact if sellers hold 1.59 support zone.

Key Levels

R: 1.59500 · 1.60000 · 1.61410

S: 1.59000 · 1.58981 · 1.58500