EURCAD New York briefing — 2026-05-15

BIAS BEARISH. H4 and H1 EMAs aligned downside; RSI(14) at 30.4 near oversold confirms sell momentum despite neutral D1. KEY LEVELS R: 1.6, 1.605, 1.61513 | S: 1.595, 1.59052, 1.59 NEWS 🟡 CFTC EUR NC Net Positions (Fri 15 May, 19:30 UTC) — low volatility expected. SESSION OUTLOOK Watch for breakdown toward 1.595 support. Low CFTC data impact keeps focus on technical momentum through NY close. PRO UNLOCKS Entry 1.5985, SL 1.6015, TP1 1.595, TP2 1.59052, FVG 1.6008–1.5992, liquidity at 1.61 — unlock with Pro

Key Levels

R: 1.60000 · 1.60500 · 1.61513

S: 1.59500 · 1.59052 · 1.59000