EURCAD New York briefing — 2026-10-15

BIAS BEARISH. D1 structure, H4 EMA, and H4 fair value gaps align downward despite H1 neutrality and RSI equilibrium. KEY LEVELS R: 1.6141, 1.6, 1.595 | S: 1.585, 1.58629, 1.59 NEWS 🟡 Manufacturing Sales (MoM) CAD — Thu 12:30 UTC 🟡 Wholesale Sales (MoM) CAD — Thu 12:30 UTC 🟡 ECB Nagel Speech — Fri 02:30 UTC SESSION OUTLOOK Watch CAD data for continuation triggers into support. H4 FVG bearish bias holds unless H1 breaks above resistance 1.595.

Key Levels

R: 1.59500 · 1.60000 · 1.61410

S: 1.59000 · 1.58629 · 1.58500