EUR/USD AI Live Scan, 4-hour chart, Wednesday, 5 August 2026
Every read JAFX AI made on the EUR/USD 4-hour chart that day, newest first: trend, structure, the levels it marked and what it said to watch.
21:01 UTC
Uptrend, extending · RSI 63 · price 1.15524
Higher highs and higher lows since the 1.1353 base.
EURUSD has built a clean higher-low sequence off the 1.1353 base and broke out sharply through 1.14656 on the soft-USD story (ADP miss, light ISM services). Price is now consolidating just under the 1.15591 seven-week high with EMA20 above EMA50 confirming the bullish swing. ATR is moderate; the 1.1500 round number has acted as the pivot holding the advance.
Support: 1.1500, 1.14656, 1.1353
Resistance: 1.15591
What it said to watch
H4 close above 1.15591 opens fresh multi-week ground
Failure to hold the 1.1500 pivot exposes the 1.14656 breakout zone
Friday NFP (12:30 UTC) is the dominant driver for the USD leg and could reset this read
Higher highs and higher lows, pinned below 1.1558.
EUR/USD has trended up cleanly since the early-month base near 1.1353, printing higher highs and higher lows into the 1.1558 seven-month high — the leg extended on soft US data (ADP 44K miss, ISM Services employment into contraction) and firm eurozone PMIs. Price is now consolidating just below 1.1558 with EMA20 above EMA50 confirming the swing structure. ATR(14) has eased off the breakout spike, reflecting the pause below resistance rather than fresh expansion.
Support: 1.1530, 1.1500, 1.1455
Resistance: 1.1558, 1.1580
What it said to watch
H4 close above 1.1558 opens the path toward the 1.1580 round number
Failure to hold the 1.1530 pivot exposes 1.1500 psych
Eurozone Retail Sales Thu and US NFP Fri could materially shift this read
17:01 UTC
Uptrend, consolidating near highs · RSI 62 · price 1.15464
Higher highs and higher lows, pinned below 1.1559.
EUR/USD holds a clean uptrend, carving higher highs and higher lows off the 1.1353 base and now consolidating just under the 1.1559 seven-month high. The leg up rode broad USD softness — the ADP whiff and ISM Services employment slipping into contraction — alongside firm eurozone PMIs. Price is coiling in a tight 1.1530-1.1559 band with ATR moderating, keeping the range intact into Friday's jobs report.
Support: 1.1530, 1.1500, 1.1455
Resistance: 1.1559, 1.1587
What it said to watch
H4 close above 1.1559 opens continuation toward the 1.1587 range high
Failure to hold the 1.1530 pivot signals a deeper pullback toward 1.1500
US NFP Fri 12:30 UTC could materially reset this read
Uptrend intact since the late low near 1.1353; the impulse rally to 1.1559 has since coiled into a tight 1.1500-1.1560 consolidation, capped by the 1.1565 bear-trendline. USD softness after the weak ADP print underpins the bid, and ATR(14) compression near the highs points to a pending resolution. Price is holding above both EMA20 and EMA50, keeping the swing bias to the upside.
Support: 1.1500, 1.1470, 1.1353
Resistance: 1.1565, 1.1600
What it said to watch
H4 close above 1.1565 trendline cap opens the path to 1.1600
Failure to hold 1.1500 range base exposes 1.1470 swing low
US ISM Services today and NFP Friday could materially shift this read
09:01 UTC
Uptrend, momentum slowing · RSI 58 · price 1.1539
Higher highs/lows, consolidating near top.
Higher-low structure intact since the 1.1353 base; price rallied through 1.1500 and settled into a 1.1500–1.1565 band after the 1.1565 barrier capped rallies twice. ATR(14) has compressed as the pair consolidates just below its swing high, with EUR firmed by hot HICP and a strong German services PMI while the USD stays soft. ADP and ISM Services today, then NFP Friday, are the drivers that resolve the range.
Support: 1.1500, 1.1470, 1.1435
Resistance: 1.1559, 1.1600
What it said to watch
H4 close above 1.1565 opens the path toward 1.1600
Failure to hold 1.1500 exposes the 1.1470 support zone
US ADP/ISM today and NFP Friday could materially shift this read
Higher highs and higher lows, ranging below the swing high.
H4 is in a clean uptrend, printing higher highs and higher lows since the late-month base near 1.1370, with the leg powered by broad USD selling on the dovish-Fed repricing. Price is now consolidating in a tight 1.1500-1.1558 band just under the swing high, holding well above rising EMA20 and EMA50. ATR remains elevated versus the earlier compression, consistent with an extended trend pausing rather than reversing.
Support: 1.1500, 1.1474, 1.1460
Resistance: 1.15586, 1.1565
What it said to watch
H4 close above 1.1565 extends the uptrend toward 1.1600
Failure to hold 1.1500 exposes the 1.1460/1.1480 support zone
US NFP Friday is the dominant external catalyst for this leg
EUR/USD rallied hard off the 1.1353 base into the 1.1559 week high, powered by a softer USD after the dovish-read FOMC and hawkish ECB repricing. Price is now consolidating in a tight 1.1500-1.1540 band just below the 1.1565 resistance/bear-trend line, with ATR still elevated from the impulse. Demand has stepped in twice around 1.1500 while supply caps into the range top.
Support: 1.1500, 1.1480, 1.1460
Resistance: 1.1559, 1.1565
What it said to watch
H4 close above 1.1565 opens the path toward 1.1600
Failure to hold 1.1500 exposes the 1.1480/1.1460 support band
US ADP and ISM Services today, NFP Friday — primary USD drivers that could break this consolidation