Higher-low base after midweek shakeout, reclaiming mid-range.
Price has clawed back above EMA(20) into the NY session, recovering most of yesterday's flush to the 1.1608 week low which now reads as a false break. The week's dominant move was the London-to-NY thrust to 1.1686 last Thursday; since Monday's open H1 has carved a higher-low base, with RSI(14) cycling 45–58 on pullbacks. Range top 1.1656–1.1665 caps for now.
Support: 1.1630, 1.16083, 1.15868
Resistance: 1.1656, 1.16645, 1.16856
What it said to watch
H1 close above 1.16645 prior high opens path back to 1.16856 week high
Loss of 1.16300 ema20 and acceptance below 1.16083 week low reopens 1.15868 swing low
ECB and FOMC commentary into next week could materially shift this read
Price has chopped in a 100-pip range since last week, with the swing high at 1.1685 set during NY hours Thursday and the week low at 1.1587 carved earlier. Monday's London session faded a push to 1.1664 back through the EMA20 and printed a sharp false break to 1.1608 before recovering. Current trade at 1.1648 sits mid-range with RSI(14) flat around 50, consistent with the Danske note flagging firmer yields capping EUR.
Support: 1.1628, 1.16083, 1.15868
Resistance: 1.16566
What it said to watch
H1 close above 1.1685 invalidates the range read
Loss of 1.1608 reopens the week low at 1.1587
US JOLTS at 14:00 GMT could materially shift this read
Price spiked to a week high of 1.1685 mid-week before fading back below the H1 EMA(20) near 1.1645. Yesterday's NY session swept the 1.1608 sweep low and recovered, but the bounce has stalled into a tight consolidation around 1.1635 with RSI(14) flat near 50. Eurozone Flash CPI in the European session is the proximate catalyst.
Support: 1.1628, 1.16083, 1.1600
Resistance: 1.1645
What it said to watch
H1 close above 1.1645 (ema20) reopens the path toward 1.1685 prior high
Loss of 1.1608 sweep low confirms a lower-low and shifts the read
EZ Flash CPI release in the European session could materially move this read
EURUSD has been range-bound between 1.1586 and 1.1685 since last Thursday, with Monday's NY session producing a sharp drop to the week low at 1.1608 before buyers stabilised price. Asia has drifted higher into 1.1637 but remains below the EMA20 around 1.1644, leaving the pair mid-range ahead of the Eurozone HICP release. RSI(14) sits near 47, consistent with the lack of directional commitment.
Support: 1.1628, 1.16083, 1.15868
Resistance: 1.1644
What it said to watch
H1 close above 1.1644 ema20 reopens the 1.1645–1.1685 fri high band
Loss of 1.1608 week low confirms a lower-low and exposes 1.1586 prior wk low
Eurozone HICP print in the European session could break the range either way
Lower high posted Friday, holding above midweek low.
EURUSD spent last week carving a range between the week low at 1.5868 and Friday's high at 1.6856, with a sharp NY-session flush Friday tagging 1.6083 before recovering. Monday's quiet handover into Tuesday's Asia session has price drifting under the H1 EMA20 around 1.6566, holding mid-range near 1.6340. RSI cycling in the 40s with no real impulse — Middle East ceasefire headlines and US tariff proclamation keeping flows headline-driven rather than structural.
Support: 1.16083, 1.15868, 1.16047
Resistance: 1.16856, 1.16566
What it said to watch
H1 close below 1.16083 confirms a lower-low and breaks the week range
Reclaim of EMA20 around 1.16566 opens path back to Friday's high at 1.16856
Ongoing US-Iran ceasefire headlines could materially shift this read intraday
04:00 UTC
Uptrend cooling, this-week range · RSI 43 · price 1.16313
Range between 1.1608 and 1.1685 after Friday spike.
Price spiked to 1.16856 during Friday's NY session then faded back into a 1.1608–1.1665 range that has dominated the Asia/early-London hours since. Last session's drop to the week low at 1.16083 was bought back, but rallies have stalled below the EMA(20) with RSI rolling under 50, leaving structure balanced inside the week's range.
Support: 1.16246, 1.16083, 1.15868
Resistance: 1.16645, 1.16856
What it said to watch
H1 close above 1.16645 session high reopens the 1.16856 week high
Loss of 1.16083 week low confirms a lower-low and exposes 1.15868 prior low
BOJ commentary and US-Iran headlines remain the dominant intraday catalysts
Price has been carving a 100-pip range between 1.1585 and 1.1685 since last Thursday, with Monday's NY session producing a sharp rejection from 1.16645 down to the 1.1608 mon low. Currently mid-range at 1.1632, sitting below EMA20 with RSI(14) holding mid-40s — neither side has follow-through. The week high at 1.16856 from late last week remains the dominant cap.
Support: 1.16083, 1.15868, 1.16037
Resistance: 1.16645, 1.16856, 1.16566
What it said to watch
H1 close below 1.16083 mon low opens path to the 1.15868 week low
Reclaim of 1.16566 ema20 would neutralise the rejection read
Asia session thin liquidity — wait for London open for cleaner structure
EURUSD has chopped within a 1.1585–1.1685 band all week, with the NY session push to 1.16856 last Friday rejected and faded back into the range. Yesterday's NY hours saw a sharp drop to 1.16083 before buyers stepped in, but the recovery has stalled below the 1.1640 area with price now sitting on both EMA20 and EMA50. RSI(14) at 42 reflects the loss of upside momentum after the week-high rejection.
Support: 1.16083, 1.15868, 1.16246
Resistance: 1.16856, 1.16645
What it said to watch
H1 close below 1.16083 swing low opens path to 1.15868 week low
Reclaim of 1.16645 session high needed to re-engage 1.16856 week high
Middle East risk-off headlines could materially shift this read
Price has chopped inside a 1.1585–1.1685 range since Friday, with last week's NY-session push to 1.16856 fully retraced through Monday's London session. Yesterday's drop into 1.1608 was bought back into the prior range, leaving price now mid-range and pinned just under EMA20 around 1.1642. RSI(14) cycles 40–55 with no divergence, consistent with the range read.
Support: 1.16083, 1.15868
Resistance: 1.1642
What it said to watch
H1 close above 1.1685 invalidates the range read and reopens last week's highs
H1 close below 1.16083 confirms a lower-low and exposes 1.15868
Hormuz / Iran headlines remain a tail risk for an oil-driven USD bid
00:00 UTC
Range with bearish tilt after Monday sweep · RSI 43 · price 1.16345
Lower high vs Friday peak, holding above 1.1608 swing low.
Price has been capped under 1.1685 since Friday's NY high and rolled over through Monday's NY session, with a sharp leg down to 1.1608 sweeping the prior swing low before recovering into the 1.1630s. Action this week is sitting beneath both EMA(20) and EMA(50) with RSI(14) cycling in the 40s, leaving the H1 read as a range with a soft tilt toward the 1.1625 area.
Support: 1.16246, 1.16083, 1.15868
Resistance: 1.16645, 1.16566
What it said to watch
H1 close back above 1.16645 Mon high would neutralise the lower-high read
Break and hold below 1.16083 Mon NY low opens path toward 1.15868 week low
Iran/Hormuz headlines remain a USD-driver risk into NY session