EUR/USD AI Live Scan, 4-hour chart, Wednesday, 8 July 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.
21:02 UTC
Downtrend faded, now ranging · RSI 48 · price 1.14266
Range 1.1360-1.1450 after recovery off cycle low.
H4 sold off from 1.1620 to a 1.1324 cycle low mid-window, then recovered to carve higher lows and stall into the 1.1430-1.1450 cap. Price has since coiled either side of 1.1425, matching the digest's 1.1360-1.1450 box, with EUR pinned near 1.1400 as hawkish ECB repricing offsets a firm safe-haven USD. ATR has compressed alongside the tightening range, leaving the pair balanced against its EMAs.
Support: 1.1391, 1.1360, 1.1324
Resistance: 1.1430, 1.1472
What it said to watch
H4 close above 1.1430 range cap opens the 1.1500/1.1580 path
Failure to hold 1.1360 range floor exposes the 1.1324 cycle low
FOMC minutes tonight and German HICP Fri could break the range read
EURUSD sold off from the early-month high at 1.1621 to a 1.1325 swing low, and has since carved a choppy 1.1360–1.1430 range with a series of higher lows. ATR(14) has compressed to roughly 19 pips from the triple-digit bars of the sell-off, pointing to a coiling market ahead of a break. Price sits mid-range near the 38.2% retracement of the down-leg, with hawkish ECB repricing offset by a firm safe-haven dollar.
Support: 1.1360, 1.1325
Resistance: 1.1430, 1.1472
What it said to watch
H4 close above 1.1430 invalidates the range cap and opens the 1.1500/1.1580 path
Failure to hold 1.1360 confirms a lower low toward the 1.1325 swing low
Fed minutes tonight and German HICP Fri could shift this read
17:01 UTC
Downtrend, consolidating · RSI 43 · price 1.13964
Rolling over below recovery high, ranging 1.1360-1.1430.
EUR/USD rolled over from the 1.1472 recovery high and is grinding lower within a 1.1360-1.1430 range, sitting below the 20 and 50 EMAs on H4. ATR(14) has compressed toward 19 pips, showing contracting volatility as price coils into FOMC minutes at 18:00 GMT. Successive lower highs since the 1.1472 print show supply capping each bounce below 1.1447.
Support: 1.1360, 1.1325
Resistance: 1.1430, 1.1447
What it said to watch
H4 close above 1.1430 range cap opens the 1.1450-1.1500 zone
Break below 1.1360 range floor exposes the 1.1325 june low
FOMC minutes 18:00 GMT could break the range decisively
17:01 UTC
Downtrend easing into range · RSI 43 · price 1.13964
Multi-day range after June selloff.
Price rolled over from the 1.1621 June high into a 1.1325 low, then recovered and has since coiled in a 1.1360-1.1472 range with EUR pinned near 1.1400 by a safe-haven USD bid. The last week traces lower highs off the 1.1472 recovery peak while holding above the 1.1360 range floor, with price back below both the EMA20 and EMA50. ATR(14) has compressed to ~22 pips, consistent with the boxed-in read heading into today's catalyst.
Support: 1.1360, 1.1325
Resistance: 1.1430, 1.1472
What it said to watch
18:00 GMT FOMC minutes could break the range either way
H4 close below 1.1360 range floor opens the 1.1325 swing low
reclaim of 1.1430 prior high exposes the 1.1472 range high
13:02 UTC
Downtrend stabilised into range · RSI 42 · price 1.13974
Range-bound 1.1400-1.1470, testing floor.
EUR/USD sold off from the 1.1620 area early in the window down to a 1.1325 swing low, then recovered into a multi-day range capped at 1.1470. Price is now drifting back toward the 1.1390 range floor with ATR(14) compressed and RSI below the midline. The pair sits below both EMA20 and EMA50, consistent with the two-way, USD-driven range flagged in the macro digest.
Support: 1.1390, 1.1360, 1.1325
Resistance: 1.1470, 1.1500, 1.1620
What it said to watch
FOMC minutes at 18:00 GMT is the near-term catalyst and could shift this read
H4 close below 1.1390 confirms a lower-low and exposes 1.1360
Break and hold above 1.1470 range top opens the 1.1500 area
Broader H4 structure remains lower-high/lower-low since the early-June 1.162 top; the recovery leg off the 1.1325 swing low stalled at 1.1472 and price is now retracing into the 50% fib near 1.1398, pressing the 1.1390 strong support. A sequence of lower highs is capping under 1.1447 while ATR(14) has compressed to ~18 pips, a coiled range. FOMC minutes at 18:00 GMT is the immediate catalyst that could break the range.
Support: 1.1390, 1.1360, 1.1325
Resistance: 1.1447, 1.1472
What it said to watch
H4 close below 1.1390 exposes 1.1360 pivot support
Reclaim of 1.1447 needed to reopen the 1.1472 swing high
FOMC minutes at 18:00 GMT could materially shift this read
Consolidating below 1.1472 after bounce off 1.1324.
Price recovered from the early-July swing low at 1.1324, peaked at 1.1472, and has since stalled into a 1.1400-1.1470 consolidation. EUR remains pinned near the lows of that band as a safe-haven USD bid caps the pair ahead of FOMC minutes. ATR(14) around 150 pips reflects a still-active but non-directional range.
Support: 1.1400, 1.1390, 1.1324
Resistance: 1.1472, 1.1500
What it said to watch
FOMC minutes today ~18:00 GMT could materially shift this read
Clean break below 1.1390 shifts the near-term bias lower toward the 1.1324 swing low
H4 close above 1.1472 opens the path to the 1.1500 handle
Price carved a higher-low structure after basing at 1.1325 in late June and rallied to 1.14723, but the advance has since stalled into a 1.1390-1.1470 range with ATR(14) compressing. EUR/USD sits mid-range near 1.1424, pinned by a firm Dollar on Hormuz safe-haven flows against a hawkish-ECB repricing. Price holds above EMA50 but trades under EMA20, reflecting the flat consolidation.
Support: 1.1390, 1.1325
Resistance: 1.1470, 1.1500
What it said to watch
FOMC Minutes today ~18:00 UTC could materially shift this read
H4 close below 1.1390 confirms a lower-low and shifts bias lower
H4 close above 1.1470 opens the path toward the 1.1500 handle
EUR/USD sold off from the early-June 1.16 shelf to a 1.1325 swing low before recovering to 1.1472, and has since coiled in a 1.1400-1.1472 range with a series of lower highs. Price now sits mid-range near 1.1413, below both EMAs, with ATR(14) around 15 pips reflecting a compressed regime as the pair tracks the ECB-repricing vs FOMC-minutes standoff. The round number 1.1400 has capped downside on the last two probes.
Support: 1.1400, 1.1325
Resistance: 1.1445, 1.1472, 1.1500
What it said to watch
H4 close below 1.1400 round number opens the path to the 1.1325 swing low
Close above 1.1472 swing high challenges the 1.1500 psych level
Higher lows since mid-June low, now consolidating.
EURUSD has clawed back from the mid-June low near 1.1325, printing a higher-low structure into a 1.1400-1.1472 consolidation that matches the 1.1400-1.1500 range flagged in the macro read. ATR(14) has compressed to roughly 16 pips as the pair stalls just above the 1.1400 round number and EMA50. The recovery is losing thrust with price back below EMA20 and RSI mid-range.
Support: 1.1400, 1.1390, 1.1325
Resistance: 1.1472, 1.1500
What it said to watch
FOMC minutes at 18:00 UTC is the dominant USD driver and could break this range
H4 close above 1.1472 opens the path toward the 1.1500 psych level
Failure to hold 1.1390 strong support confirms a lower low
01:02 UTC
Range-bound, drifting lower within range · RSI 43 · price 1.14002
1.1350-1.1450 range, pullback from range top.
EURUSD remains pinned in the well-worn 1.1350-1.1450 summer range, with the recovery off the 1.1324 swing low stalling at 1.1472 and rolling back toward the 1.14 mid-point, roughly the 50% retracement of that bounce. Firm German data lends a slight upside tilt but momentum is capped by the range and a firm dollar. ATR(14) has compressed as price coils in the middle of the range.
Support: 1.1390, 1.1350, 1.13242
Resistance: 1.1450, 1.14723
What it said to watch
H4 close below 1.1390 opens the 1.1350 range floor
H4 close above 1.1450 exposes the 1.1472 swing high
FOMC minutes 18:00 UTC today could shift the USD leg of this read
EURUSD remains locked in its 1.1350-1.1450 summer range, carving lower highs since the 1.1472 rejection and now drifting into the lower third near 1.1400 — consistent with the digest's balanced relative-rates read. ATR(14) sits compressed around 20 pips as price coils inside the range with both EMAs capping above. FOMC minutes today are the near-term swing factor into German HICP on Friday.
Support: 1.1390, 1.1350, 1.1325
Resistance: 1.1450, 1.1472, 1.1500
What it said to watch
H4 close below 1.1390 then 1.1350 confirms a range break lower
H4 close above 1.1450 reopens the path to the 1.1500 pivot
FOMC minutes 18:00 UTC could materially shift this read