EUR/USD AI Live Scan, 4-hour chart, Friday, 7 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.
17:01 UTC
Uptrend, extending on NFP miss · RSI 64 · price 1.15583
Higher highs and higher lows; fresh 3-week high.
Higher-low structure intact since the mid-window base near 1.1360, with the pair pushing to a fresh 3-week high at 1.1580 after the -23K US NFP print gutted the hawkish-Fed narrative and offered the dollar. Price cleared the 1.1560/65 cloud-top cluster that had capped repeatedly, with the last bar retreating to retest that zone from above. ATR is expanding as the trend extends.
Support: 1.1515, 1.1500
Resistance: 1.1580, 1.1565, 1.1600
What it said to watch
H4 close above 1.1580 opens the path to 1.1600
Failure to hold 1.1565 on a close puts the breakout back inside the prior range toward 1.1515
US CPI on Aug 12 is the decisive test for whether the post-NFP dollar-soft read sticks
Sharp rally off the 1.1353 low carried EUR/USD to a 3-week high at 1.1592 before stalling; price is now consolidating just below the 1.1560 area after being twice rejected there. The advance tracks priced-out Fed hikes post-FOMC, but spot has converged to fair value and the move looks stretched. Structure stays constructive above the rising 1.1514 pullback low.
Support: 1.1514, 1.1500, 1.1470
Resistance: 1.1560, 1.1592
What it said to watch
US NFP today is the primary catalyst and could materially shift this read
H4 close above 1.1560 opens the path toward 1.1592/1.1600
Failure to hold 1.1500 opens the 1.1470 support zone
Higher lows intact, consolidating below range top.
The late-July impulse off 1.1353 stalled at the 1.1560 swing high, and price is now consolidating in a 1.1500-1.1560 range as the euro trades as a passenger into today's US NFP. Higher-low structure remains intact and price holds above the H4 EMA50 near 1.1490, but repeated rejections at 1.1550-1.1560 have capped the advance and pulled price back under the EMA20. Firmer oil and safe-haven USD demand are the backdrop keeping the Euro below the 1.1550 pivot.
Support: 1.1500, 1.1490, 1.1450
Resistance: 1.1560, 1.1550
What it said to watch
US NFP today (~12:30 UTC) is the dominant near-term catalyst and could break the range either way
A close above the 1.1560 swing high reopens the path toward the late-July top
Loss of the 1.1500 range floor exposes the EMA50 near 1.1490 and confirms a lower low
Clean uptrend since the late-month low near 1.1364, with a ~1.6% impulse into the 1.1559 swing high before stalling. Price is now consolidating in the 1.1500-1.1565 band, with ATR(14) compressing and rejection capping repeated pushes toward 1.1565. USD firmed into today's NFP after a mixed but sticky-inflation week, keeping EUR/USD trapped near fair value.
Support: 1.1500, 1.1500, 1.14999
Resistance: 1.15592, 1.1565, 1.1600
What it said to watch
H4 close above 1.1565 range top opens the path toward 1.1600
Failure to hold 1.1500 range floor confirms a lower-low
US NFP at 12:30 UTC is the dominant driver and could break this range
Clean impulse off the mid-window low at 1.1353 drove higher highs to the 1.1559 swing high; price has since stalled and is consolidating in a 1.1500-1.1560 band near 3-week highs. ATR has compressed sharply as the pair coils below resistance, with EMA20 flattening just above price. The range is a pre-NFP holding pattern — direction defers to today's US payrolls.
Support: 1.1500, 1.1455, 1.1353
Resistance: 1.1559, 1.1565, 1.1600
What it said to watch
H4 close above 1.1565 opens the path toward the 1.1600 range top
Loss of 1.1500 psych confirms a range breakdown toward the 1.1455 swing low
US NFP at 12:30 UTC could materially shift this read
Higher highs / higher lows, consolidating below range high.
Uptrend intact after the ~1.6% rally off the early-window lows; price is consolidating just below the three-week high at 1.1559 with EMA20 flattening as the move stalls, though structure holds above the rising EMA50. The advance was fuelled by a broadly softer USD narrative post-ADP and firm German factory orders. US NFP at 12:30 UTC is the dominant near-term catalyst.
Support: 1.1500, 1.1450
Resistance: 1.1559, 1.1565, 1.1600
What it said to watch
H4 close above 1.1565 (uob level) opens the path to 1.1600
Failure to hold 1.1500 psych threatens the three-week uptrend
US NFP at 12:30 UTC is the dominant near-term driver
Three-week uptrend intact after the impulse from the mid-month 1.1361 low into the 1.1559 high, driven by a softer USD narrative post-ADP and firm German orders. Price is consolidating near the highs and has slipped back under EMA20 while holding above EMA50, with ATR(14) compressing as the market coils into NFP. Demand has stepped in twice around 1.1500-1.1514.
Support: 1.1514, 1.1500, 1.1470
Resistance: 1.1559, 1.1565
What it said to watch
US NFP today 12:30 UTC is the dominant near-term driver and could reset this read
H4 close above 1.1565 opens the path toward 1.1600
Loss of 1.1500 threatens the higher-low structure and exposes the EMA50 near 1.1470