EURCAD New York briefing — 2026-09-29

BIAS BULLISH. D1 structure, H4 EMA, and H1 EMA combined produce upside bias; H1 fair value gaps support continuation despite H4 FVG headwinds. KEY LEVELS R: 1.61417, 1.615, 1.62 | S: 1.61, 1.605, 1.5996 NEWS 🟡 ECB Escrivá speech (EUR) 11:40 UTC 🟡 CAD GDP MoM 12:30 UTC 🟡 ECB Cipollone speech (EUR) 13:15 UTC SESSION OUTLOOK Three medium-impact events risk volatility into NY open. Watch H1 FVG zones for pullback entries; RSI neutral suggests range consolidation before directional breakout.

Key Levels

R: 1.61417 · 1.61500 · 1.62000

S: 1.61000 · 1.60500 · 1.59960