EUR/USD held the 1.1594-1.1644 range most of the week before the May NFP beat (172K vs 85K f/c) drove a sharp USD bid into the NY session, breaking down through 1.1586 and shedding ~120 pips. Price now sits well below both EMAs with RSI(14) oversold near 27. Momentum is one-directional with no pullback yet attempted.
Support: 1.1519, 1.1500
Resistance: 1.1586, 1.1644
What it said to watch
H1 close back above 1.1586 negates the breakdown read
EUR/USD collapsed in the NY session as the 172K NFP beat (vs 85K forecast) flipped the dollar tone hawkish, slicing through the week's 1.16 floor and the 1.1590 zone that dip-buyers had defended into a 1.1519 low. Price now sits well below EMA20 and EMA50 with RSI(14) deeply oversold around 20 after the one-way impulse. The multi-day 1.1600-1.1650 range has been resolved to the downside.
Support: 1.1519, 1.1500
Resistance: 1.1590, 1.1640
What it said to watch
Reclaim of 1.1590 would invalidate the breakdown read
Failure to hold 1.1500 extends the lower-low sequence
US CPI Jun 10 is the next high-impact catalyst for this pair
EURUSD held a 1.1590–1.1645 range for most of the week before the NFP beat (172K vs 85K) revived USD demand into the NY session, snapping the floor and accelerating the drop to 1.1522. Price is well below EMA20 and EMA50 with RSI(14) deeply oversold after one of the largest impulsive legs of the window. The 1.15861 breakdown shelf now caps as overhead resistance.
Support: 1.15222, 1.1500
Resistance: 1.15861, 1.1600, 1.1645
What it said to watch
Failure to hold 1.15222 opens the path toward the 1.1500 psych level
A reclaim of 1.15861 would neutralise the downside break
US CPI Tue 10 Jun could materially reprice this leg
EUR/USD held a 1.1594-1.1650 consolidation all week before the May NFP beat (172K vs 85K) reasserted USD bid late in the NY session, snapping the floor and dragging price ~110 pips to 1.1530. RSI(14) is deeply oversold after a one-way move that left price far below both EMA(20) and EMA(50). The broken 1.1586 floor now sits as overhead supply.
Support: 1.15299, 1.1555, 1.1500
Resistance: 1.1586, 1.1640
What it said to watch
Failure to reclaim 1.1586 keeps the lower-low structure intact
Acceptance below 1.1555 exposes the 1.1500 psych level
US CPI next week is the next material USD catalyst for this read
15:01 UTC
Downtrend after range break · RSI 28 · price 1.1571
Broke multi-day range floor, new week low.
EUR/USD spent most of the week pinned in a 1.1595–1.1650 consolidation before the 172K NFP beat (vs 85K f/c) drove a USD bid into the NY session, slicing clean through the range floor to a fresh week low near 1.1571. The break flushed RSI(14) into oversold and price now sits well below both EMA(20) and EMA(50). The 1.1595 prior floor flips to resistance, with 1.1555 the next downside marker flagged below.
Support: 1.1555, 1.1500
Resistance: 1.1595, 1.1600, 1.1644
What it said to watch
H1 close below 1.1555 extends the downside toward 1.15
Reclaim of 1.1595 prior floor would negate the range break
US CPI on 10 Jun is the next USD hike-pricing catalyst
EUR/USD held a tight 1.1590–1.1645 range since Monday's open before the US NFP beat (172K vs 85K) drove a sharp drop through 1.1590 in the NY session, breaking the week's range floor and printing a fresh low near 1.1584. RSI(14) is now oversold near 27 and price sits well below both EMA(20) and EMA(50). The broken 1.1590 level now caps as resistance with the next reference at 1.1555.
Support: 1.1555
Resistance: 1.1590, 1.1645
What it said to watch
Reclaim of 1.1590 would invalidate the range break
Failure to hold 1.1555 confirms continuation of the lower low
US CPI Wed could materially shift this read
13:01 UTC
Recovery off the week low, momentum building · RSI 61 · price 1.16387
Basing then higher lows into Friday.
EUR based around the 1.1594 week low through Wednesday and Thursday before grinding higher into Friday's NY session, now pressing 1.1640 above both EMAs with RSI cycling back toward the low 60s. The Q1 GDP miss had capped the early-week bid, but easing safe-haven demand carried price back into the upper third of the range. The 172K NFP beat printed into the close — a hawkish surprise that risks reasserting USD strength.
Support: 1.1608, 1.1594
Resistance: 1.1645, 1.1655
What it said to watch
Hourly close above 1.1645 then 1.1655 week high reopens the range top
Loss of 1.1608 session low and 1.1594 week low confirms a lower-low and reverses the recovery
Post-NFP USD bid could fade or extend through the US close, shifting this read
Range, price in upper third after basing at 1.1595.
EURUSD has ground higher for a third session, lifting off the 1.1595 week-low base toward 1.1640 with RSI(14) cycling in the low-60s and price holding above EMA20 and EMA50. The 1.1645 prior-high cluster has capped earlier attempts this week, with the 1.1655 week high beyond it. Today's soft Q1 GDP miss tempered the bid, and US NFP at 12:30 GMT is the dominant near-term driver into the next bars.
Support: 1.1610, 1.15945
Resistance: 1.16451, 1.16551
What it said to watch
US NFP at 12:30 GMT could materially shift this read
H1 close above 1.1645 opens the path to the 1.1655 week high
Failure to hold 1.1610 reopens the 1.1595 week low
11:01 UTC
Recovering off lows, momentum building · RSI 62 · price 1.1639
Range, bouncing from double bottom.
EUR/USD recovered through the NY session from a double bottom near 1.1594, the week's low, with RSI(14) cycling back above 60 and price reclaiming both H1 EMAs. The week high at 1.1655 caps the range, with 1.1750 the broader range top still untested. Soft Eurozone Q1 GDP today did little chart damage as a weaker USD does the lifting into US payrolls.
Support: 1.1610, 1.1594, 1.1555
Resistance: 1.16551, 1.1750
What it said to watch
US NFP at 12:30 GMT is the swing factor for the next leg
Close above 1.1655 opens the path toward the 1.1750 range top
Failure to hold 1.1594 confirms a lower low toward 1.1555
10:01 UTC
Range, recovering off the lows · RSI 62 · price 1.16407
Base built at 1.1595, higher lows into NY.
EUR/USD has climbed for a third session off the 1.1594/1.1595 base, with a soft USD ahead of today's NFP doing most of the lifting rather than euro strength — Q1 Eurozone GDP missed earlier. Price reclaimed EMA(20) into the NY hours and tagged 1.1644 with RSI(14) holding the upper half. The 1.16551 week high still caps the range.
Support: 1.1615, 1.15946, 1.1555
Resistance: 1.16441, 1.16551, 1.1750
What it said to watch
US NFP today 12:30 GMT is the swing factor and could materially shift this read
Acceptance above 1.16551 week high opens the path toward the 1.1750 range top
Loss of the 1.15946 swing low confirms a lower-low and reopens 1.1555
09:01 UTC
Ranging, grinding higher off the week low · RSI 62 · price 1.1633
Broad week range with a recent higher-low sequence.
EUR/USD ground higher for a third session, lifting off the 1.1595 week low toward 1.1633 as the Dollar softened into US payrolls. Price has reclaimed EMA20 with RSI cycling into the low-60s, building a string of higher lows off Tuesday's base. The 1.1645–1.1655 band has capped advances earlier in the week and is the immediate area to watch.
Support: 1.1612, 1.1595
Resistance: 1.1645, 1.1655
What it said to watch
US NFP at 12:30 GMT (~3.5h) is the dominant cross-driver and key risk to this read
H1 close above 1.1645 opens the path toward the 1.1655 week high
Failure to hold 1.1612 reopens the 1.1595 week low
08:01 UTC
Recovery off week low, momentum building · RSI 65 · price 1.1633
Week range, pressing toward range top.
EUR/USD ground higher for a third session toward 1.1633, with the Dollar softer on easing Mideast tensions and the Euro firm on hawkish ECB pricing. Price based twice around 1.1595 mid-week and has reclaimed EMA20 and EMA50, RSI(14) lifting toward 65 on the latest push. The intraday cap at 1.1645 and week high near 1.1655 are the structures defining the range top.
Support: 1.1610, 1.1595
Resistance: 1.1645, 1.1655
What it said to watch
US NFP at 12:30 GMT today could materially shift this read
Close above 1.1645 opens the path toward the 1.1655 week high
Failure to hold 1.1610 session base re-exposes the 1.1595 week low
EUR/USD has chopped in a tight 1.1594–1.1630 band since Monday's open as traders sit on the sidelines ahead of US NFP, with the soft USD and easing Middle East tensions underpinning the bid. Price reclaimed EMA20 and EMA50 into the latest session, building a string of higher lows off 1.15943, and RSI(14) sits in the mid-50s. Range top at 1.1630 has capped advances, keeping the week-long balance intact.
Support: 1.1610, 1.15943, 1.1600
Resistance: 1.1630, 1.1645
What it said to watch
US NFP at 12:30 GMT today is the key cross-driver and could break this range
H1 close above 1.1630 opens the path back toward 1.1645 and the weekly open
Loss of 1.1610 reopens 1.15943 week low and threatens the higher-low sequence
EURUSD has chopped within a 1.1594–1.1645 band since Monday's slide off the 1.1664 weekly open, with a double bottom near 1.1594 holding twice mid-week before the NY-session push to 1.1645. Price has since faded back to 1.16148 and is now coiling just under EMA20 with RSI(14) hovering near 46, reflecting positioning ahead of US NFP. The Euro's underlying tone stays firm on entrenched ECB hike pricing, but the pair is sidelined into the data.
Support: 1.1608, 1.1594
Resistance: 1.1645, 1.16643
What it said to watch
US NFP at 12:30 GMT could materially shift this read
H1 close above 1.1645 reopens the path to 1.1664 weekly open
Loss of 1.1594 double bottom confirms a lower-low
05:01 UTC
Range-bound, flat into NFP · RSI 49 · price 1.16156
Tight consolidation inside week's range.
EUR/USD has coiled into a tight Asian-session range around 1.1615, pinned just under the EMA20 after fading the 1.1645 prior high made early NY yesterday. The week has been a sideways grind between 1.1594 and the 1.1664 weekly high, with RSI(14) flat near 50 reflecting the standoff. Price is holding the lower half of the range as traders sideline ahead of US payrolls, with ECB hike bets cushioning the downside.
Support: 1.1609, 1.15945
Resistance: 1.1617, 1.1645, 1.16513
What it said to watch
US NFP at 12:30 GMT (~7.5h) is the dominant driver and could break this coil
Close above 1.16450 prior high reopens the 1.16513 weekly open
Loss of 1.16090 session low exposes the 1.15945 week low
Consolidation near lows after rejection at week high.
EUR/USD recovered off the 1.1594 week low into the NY session yesterday, tagging 1.16450 before supply capped it and price faded back. It has since coiled into a tight Asian range around 1.1612-1.1615, holding just under EMA(20) with RSI(14) drifting in the mid-40s. The pair sits mid-range, sidelined ahead of US May NFP.
Support: 1.1608, 1.15943
Resistance: 1.1629, 1.1645
What it said to watch
US NFP at 12:30 GMT is the key cross-driver and could break this range
H1 close above 1.16450 reopens the week high
Failure to hold 1.16080 exposes the 1.15943 week low
EUR/USD has held a 1.1595–1.1645 range since Monday's open, with EUR unable to capitalise on hawkish ECB pricing as US data exceptionalism caps the upside. Price rallied into yesterday's NY high near 1.1645 then drifted back to the lower-middle of the range, stalling around 1.1614 — close to the 61.8% retrace of this week's 1.1595–1.1645 bounce. RSI(14) has eased to the mid-40s as momentum flattened, with the last six bars coiling tightly into the US payrolls release.
Support: 1.1609, 1.1595
Resistance: 1.1645, 1.1664
What it said to watch
US Nonfarm Payrolls at 12:30 UTC is the dominant near-term driver and could break this range
H1 close below 1.1595 confirms a lower-low and ends the range read
Reclaim of 1.1645 reopens the path toward the 1.1664 week high
EUR/USD has been boxed in a 1.1595–1.1645 range all week, with the dominant impulse a Tuesday slide into the 1.1595 floor that has since held. Price faded back under EMA(20) after yesterday's NY push stalled at 1.1645, and RSI(14) sits sub-50 as EUR flatlines near 1.1612 ahead of US payrolls. The week's hawkish ECB pricing has failed to lift the pair, leaving structure neutral into the event.
Support: 1.1608, 1.1595, 1.1565
Resistance: 1.1620, 1.1645
What it said to watch
US May NFP today ~12:30 UTC is the dominant driver and can break the range
H1 close below 1.1595 confirms a lower low out of the range
Reclaim of 1.1620 EMA(20) reopens the 1.1645 range top
01:01 UTC
Range, drifting lower · RSI 43 · price 1.16117
Mid-range after rejection at week high.
EUR/USD has drifted lower since yesterday's NY high near 1.16449, where supply capped the bounce off the 1.15943 week low. Price now sits below EMA20 in the middle of this week's 1.1594–1.1664 range, with USD softness ahead of NFP keeping the pair underpinned. Momentum is flat with RSI(14) hovering in the low-40s.
Support: 1.16076, 1.15943
Resistance: 1.16449, 1.16645
What it said to watch
US May NFP ~12:30 UTC could materially shift this read
H1 close below 1.15943 confirms a lower low
Reclaim of 1.16449 reopens the week high at 1.16645
Lower highs since yesterday's NY high, holding above week low.
EURUSD has rotated back to the low-1.1610s after yesterday's NY push to 1.1645 was rejected, leaving a string of lower highs into the Asia session. Price sits below EMA20 with RSI(14) easing into the low 40s, but the 1.1600 psych floor and 1.15943 week low remain intact, keeping the week's broad range alive. The softer USD into Asia capped the downside while Eurozone growth concerns limit the topside near 1.1645.
Support: 1.1600, 1.15943
Resistance: 1.1620, 1.1645
What it said to watch
US NFP Fri 12:30 UTC is the dominant cross-driver and could break this range
H1 close below 1.16000 exposes the 1.15943 week low
Reclaim of EMA20 near 1.16200 would neutralise the lower-high sequence