EURCAD London briefing — 2026-10-28

BIAS BEARISH. Aligned bearish votes across D1, H4, and H1 EMAs, combined with bearish H4 and H1 fair value gaps, override neutral RSI. KEY LEVELS R: 1.565, 1.57, 1.6141 | S: 1.56072, 1.56, 1.555 NEWS 🔴 BoC Interest Rate Decision — Wed 28 Oct 13:45 UTC 🔴 BoC Monetary Policy Report — Wed 28 Oct 13:45 UTC 🔴 BoC Monetary Policy Statement — Wed 28 Oct 13:45 UTC SESSION OUTLOOK BoC triple event at 13:45 UTC drives volatility; CAD strength likely pressures EURCAD lower. Watch support holds into announcement.

Key Levels

R: 1.56500 · 1.57000 · 1.61410

S: 1.56072 · 1.56000 · 1.55500