EURCAD New York briefing — 2026-10-07

BIAS BEARISH. D1 + H4 + H1 EMAs aligned downward; H4 and H1 fair value gaps confirm selling pressure; RSI neutral allows continuation without reversal signal. KEY LEVELS R: 1.6141, 1.6, 1.595 | S: 1.59075, 1.59, 1.585 NEWS 🟡 ECB Vujčić speech — Wed 17:30 UTC 🟡 ECB Lane speech — Thu 10:00 UTC 🔴 ECB Monetary Policy Accounts — Thu 11:30 UTC SESSION OUTLOOK New York session opens into bearish structure with ECB Vujčić speech mid-session. Watch support holds; further weakness likely if 1.595 breaks.

Key Levels

R: 1.59500 · 1.60000 · 1.61410

S: 1.59075 · 1.59000 · 1.58500