EURCAD London briefing — 2026-11-04

BIAS NEUTRAL. Liquidity sweep signals bearish, yet H4 and H1 fair value gaps remain bullish—directional drivers conflict. KEY LEVELS R: 1.57, 1.575, 1.60237 | S: 1.565, 1.56, 1.55536 NEWS 🔴 Core Harmonized CPI (EUR) Wed 10:00 UTC 🟡 HCOB Composite PMI (EUR) Wed 09:00 UTC SESSION OUTLOOK London opens with mixed structure and divergent timeframes. Core inflation data may spark directional commitment; watch 1.57 resistance and 1.565 support reaction.

Key Levels

R: 1.57000 · 1.57500 · 1.60237

S: 1.56500 · 1.56000 · 1.55536