EURUSD Asia briefing — 2026-10-05

BIAS BEARISH. D1 structure, H4 EMA, and H1 EMA all aligned downward; H4 and H1 fair-value gaps confirm lower targets. KEY LEVELS R: 1.13, 1.135, 1.16538 | S: 1.125, 1.12159, 1.12 NEWS 🟡 ECB Nagel speech (Mon 07:45 UTC) 🟡 ECB Lane speech (Mon 08:00 UTC) 🟡 HCOB Composite PMI (Mon 08:00 UTC) SESSION OUTLOOK Three medium-impact ECB speakers and PMI data arrive early Asia. Watch for EUR weakness confirmation or pullback rejection at 1.13 resistance.

Key Levels

R: 1.13000 · 1.13500 · 1.16538

S: 1.12500 · 1.12159 · 1.12000