EURUSD London briefing — 2026-10-09

BIAS BEARISH. D1 trend, H4 EMA, and H1 EMA combined override neutral RSI and bullish FVGs. KEY LEVELS R: 1.125, 1.13, 1.15997 | S: 1.12, 1.11617, 1.115 NEWS 🟡 ECB Cipollone speech (EUR) — 10:15 UTC 🟡 ECB Schnabel speech (EUR) — 13:30 UTC 🟡 Michigan Consumer Expectations (USD) — 14:00 UTC SESSION OUTLOOK ECB rhetoric may weigh on EUR; watch 1.125 resistance rejection. Dollar data supports downside into London close.

Key Levels

R: 1.12500 · 1.13000 · 1.15997

S: 1.12000 · 1.11617 · 1.11500