EURUSD London briefing — 2026-09-22

BIAS BEARISH. D1 + H4 + H1 EMA alignment, H4 and H1 fair value gaps, and bearish D1 structure drive directional conviction. KEY LEVELS R: 1.15, 1.155, 1.16538 | S: 1.14551, 1.145, 1.14 NEWS 🔴 Lagarde speech 12:00 UTC 🟡 Nagel speech 08:30 UTC 🟡 ADP 4-week avg 12:15 UTC SESSION OUTLOOK Lagarde dominates risk. Watch reaction near resistance—downside pressure likely if ECB hawkish signals fade or USD strength continues post-ADP.

Key Levels

R: 1.15000 · 1.15500 · 1.16538

S: 1.14551 · 1.14500 · 1.14000