EURCAD New York briefing — 2026-10-14

BIAS BEARISH. D1 structure, H4/H1 EMAs, and H4/H1 fair value gaps all confirm downside conviction. KEY LEVELS R: 1.6141, 1.6, 1.595 | S: 1.585, 1.58981, 1.59 NEWS 🟡 Building Permits (CAD) Wed 12:30 UTC 🟡 Schnabel speech (EUR) Wed 16:15 UTC 🟡 Industrial Production (EUR) Thu 09:00 UTC SESSION OUTLOOK Schnabel speech intraday; watch for breaks below 1.595 into support zone. Building Permits may provide volatility into NY afternoon.

Key Levels

R: 1.59500 · 1.60000 · 1.61410

S: 1.59000 · 1.58981 · 1.58500