EUR/USD AI Live Scan, 4-hour chart, Thursday, 5 November 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.
22:01 UTC
Recovery uptrend stalling into a range · RSI 55 · price 1.12242
Higher lows since the 1.1104 low; lower high at 1.1268 caps a 1.1203–1.1273 range.
The recovery from the 1.1104 window low has printed higher lows, and the post-midterm USD selloff lifted the pair out of its 1.1175 prior range to a 1.1273 range high. Since then a lower high at 1.1268 and a swing low at 1.1203 frame a 1.1203–1.1273 range. Price is sitting on a flattening EMA20, near the 38.2% fib of the rally, as the USD claws back ahead of NFP. ATR(14) near 34 pips has eased from the election-week expansion, which points to compression inside the range.
Support: 1.1203, 1.1175, 1.1136
Resistance: 1.1268, 1.1273, 1.1300
What it said to watch
An H4 close below the 1.1203 swing low breaks the rising lows trendline and opens a return to the 1.1175 prior range.
An H4 close above the 1.1268 lower high and the 1.1273 range high invalidates the range read and puts the 1.1300 round number in view.
Failure to hold 1.1175 exposes the 1.1136 higher low and the 61.8% fib area near 1.1169.
US NFP Fri 13:30 UTC (f/c 65K) could materially shift this read. Fed's Williams and ECB's Lane speak at 09:30 UTC.
Higher lows since 1.1104; lower high at 1.1268 caps a 1.1203-1.1273 pullback range.
Higher-low structure is intact since the 1.1104 window low, with successive lows at 1.1136 and 1.1175 along a rising trendline. The post-election rally peaked at the 1.1273 swing high. A lower high at 1.1268 followed as the USD rebounded on 189K claims and hawkish Fed talk, and the pullback has so far held the 1.1203 swing low near the 38.2% fib. Price sits above both EMAs with EMA20 above EMA50, and ATR(14) near 36 pips points to two-way rotation inside the 1.1203-1.1273 band rather than trend extension.
Support: 1.1203, 1.1189, 1.1175
Resistance: 1.1268, 1.1273
What it said to watch
H4 close below the 1.1203 swing low breaks the higher-low sequence and exposes the fib 50% at 1.1189, then the 1.1175 higher low
H4 close above the 1.1268 lower high and the 1.1273 swing high resumes the higher-high structure
US NFP Fri 13:30 UTC (f/c 65K) and AHE could break the 1.1203-1.1273 range either way
ECB's Nagel today 17:45 UTC: pushback on December hike odds would test the swing low
Higher lows since 1.1104, fresh lower high at 1.1268 under the 1.1273 swing high.
Higher-low structure has held since the 1.1104 window low, with the rising trendline and the higher low at 1.1175 marking the advance. The post-election USD sell-off carried the pair to a 1.1273 swing high, but the USD rebound on strong claims and ADP data capped the retest at a 1.1268 lower high. Price has slipped back below EMA20 toward the 1.1213 swing low, which sits near the fib 38.2% at 1.1208, with ATR(14) steady around 33 pips.
Support: 1.1213, 1.1175, 1.1104
Resistance: 1.1273, 1.1300
What it said to watch
H4 close below the 1.1213 swing low and the rising trendline would complete a double-top shape and expose the 1.1175 higher low
Break back above the 1.1273 swing high reopens the 1.1300 round number
Loss of 1.1175 would end the higher-low sequence and bring the 1.1104 window low back into view
Lagarde at 16:00 UTC today and US NFP Fri 13:30 UTC could materially shift this read
10:01 UTC
Uptrend from late-Oct low, stalling at range top · RSI 58 · price 1.1241
Higher lows since 1.1104, capped twice near 1.1273.
Higher-low structure has held since the 1.1104 late-October sweep (1.1136, 1.1175, 1.1213), with the rally carried by USD weakness after the Democrat sweep and the slide in oil. Price was rejected twice at the 1.1268-1.1273 range top and is now sitting on the 1.1237 prior high, about 20% into the 1.1104-1.1273 rally fib. Price holds above both EMAs, and ATR(14) has widened to roughly 32 pips from sub-25 levels late last week.
Support: 1.1237, 1.1213, 1.1175
Resistance: 1.1273, 1.1300
What it said to watch
H4 close above the 1.1273 range top clears the month-long range and exposes the 1.1300 round number
Failure to hold the 1.1213 swing low, near the 38.2% rally fib, breaks the higher-low sequence and opens the 1.1175 higher low
Loss of the 1.1237 prior high keeps price inside the range below 1.1273
Lagarde at 12:00 and 16:00 UTC today and Friday's NFP could materially shift this read
Higher highs and higher lows off 1.1104; double-bottom base resolving higher.
Since the 1.1104 low, price has printed a run of higher lows at 1.1136, the 1.1175 higher low and the 1.1213 swing low, completing a double-bottom base. It cleared the 1.1237 prior high and is now back at the 1.1273 swing high, with EMA20 holding above EMA50. The move has been driven mainly by USD weakness after the Democratic sweep rather than fresh ECB repricing. ATR(14) near 31 pips has expanded off the late-month compression, and RSI at 67 is firm but not yet overbought.
Support: 1.1237, 1.1213, 1.1175
Resistance: 1.1273, 1.1300
What it said to watch
H4 close above the 1.1273 swing high would confirm acceptance through the range top and expose the 1.1300 round number
A break back below the 1.1237 prior high would put the breakout in question; losing the 1.1213 swing low breaks the higher-low sequence
A move under the 1.1175 higher low would undo the double-bottom read
Lagarde at 12:00 and 16:00 UTC today could decide whether the swing high gives way
US NFP Friday 13:30 UTC (f/c 65K) could materially shift this read
02:01 UTC
Higher lows off the base, capped at neckline · RSI 58 · price 1.12375
Double-bottom base 1.1104/1.1113, higher lows, neckline test at 1.1260–1.1273.
Since the 1.1104 base low completed a double bottom with the 1.1113 trough, the pair has printed higher lows at 1.1136, the 1.1175 swing low and now the 1.1213 pullback low, which sits on the 38.2% retracement of the 1.1104–1.1273 leg. The USD-led rally after the Democrats' midterm win and the 4.0% HICP print carried price into the 1.1260–1.1273 neckline, but supply capped it there and no H4 close has held above 1.1260. Price is above both EMA20 and EMA50, which are positively stacked, and ATR(14) near 31 pips has expanded off the late-October compression.
Support: 1.1213, 1.1175, 1.1104
Resistance: 1.1273, 1.1300
What it said to watch
H4 close above the 1.1273 neckline validates the double bottom and opens the 1.1300 round number
Failure to hold the 1.1213 pullback low exposes the higher-low trendline and the 1.1175 swing low
A break below the 1.1104 base low negates the double-bottom read
Lagarde speeches today (12:00/16:00 UTC) could materially shift the neckline test
NFP Friday 13:30 UTC (f/c 65K) is the next event risk for the 1.1273 cap