EUR/USD AI Live Scan, 1-hour chart, Wednesday, 8 July 2026
Every read JAFX AI made on the EUR/USD 1-hour chart that day, newest first: trend, structure, the levels it marked and what it said to watch.
23:01 UTC
Downtrend, bounce off lows · RSI 52 · price 1.14188
Double bottom after week decline.
EURUSD opened the week in the mid-1.14s, ran to a 1.1462 week high early, then trended lower through the NY sessions into a double bottom around 1.1391. Price has since steadied and reclaimed EMA(20), with RSI(14) recovering to the mid-50s, but resistance at 1.1428 has capped the bounce — consistent with EUR pinned in the low-1.14s as ECB hawkish repricing offsets oil-driven USD demand.
Support: 1.1391, 1.1360
Resistance: 1.1428, 1.1462
What it said to watch
H1 close above 1.1428 wk cap opens the path to 1.1450/1.1462 week high
Failure to hold the 1.1391 double bottom confirms a lower low toward the 1.1360 range floor
German final HICP Fri 06:00 GMT could shift the two-way read
Lower highs off Monday's high, double bottom near 1.1393.
EURUSD drifted lower all week from Monday's 1.1462 high, printing a string of lower highs before demand stepped in twice around 1.1393 to form a double bottom into the NY session. Price has since recovered above EMA(20) with RSI(14) back near 52, but the 1.1428 session high and 1.1445 prior high have capped the bounce, keeping the broader lower-high structure intact. Move fits the two-way, range-bound EUR read as ECB hawkish repricing meets oil-driven USD safe-haven demand.
Support: 1.1393, 1.1360
Resistance: 1.1428, 1.1445
What it said to watch
H1 close above 1.1445 would break the week's lower-high sequence
Loss of 1.1393 confirms continuation lower toward 1.1360 range floor
German final HICP Fri 06:00 GMT could shift this read
EURUSD has spent the week boxed in the low 1.14s, sliding from Monday's 1.1462 high into a 1.1391 week low that has now held twice before this bounce back to 1.1417. The 1.1430 area rejected the latest recovery attempt into the NY session, keeping the pair pinned around the 1.1400 pivot as hawkish ECB repricing and an oil-driven USD safe-haven bid net out. Price sits back above EMA20 but under EMA50, with RSI(14) cycling mid-range.
Support: 1.1400, 1.1391, 1.1360
Resistance: 1.1430, 1.1450, 1.1462
What it said to watch
H1 close above 1.1430 opens the path toward the 1.1450 range top
Failure to hold 1.1391 confirms a lower low toward 1.1360
German final HICP Fri 06:00 GMT is the week's high-impact catalyst and could break the range
Consolidation under lower highs, holding week low.
EUR/USD has drifted lower off Monday's 1.14621 high, printing successive lower highs while buyers stepped in twice near 1.1393 to form a double bottom on this session's low. Price sits back at EMA(20) after a bounce to 1.14274 faded, keeping the pair boxed as hawkish ECB repricing offsets a firmer USD on Iran risk-off. FOMC minutes were the scheduled focus during NY hours.
Support: 1.1400, 1.13926
Resistance: 1.14274, 1.1447, 1.14621
What it said to watch
H1 close above 1.14274 then 1.14470 would break the lower-high sequence
Loss of 1.13926 confirms a fresh lower low toward the 1.1360 range floor
German HICP (Fri) and Thu jobless claims could shift this range read
EUR/USD has been boxed below the 1.1430 range cap all week as a firm safe-haven USD offset hawkish ECB repricing. Price marked a fresh weekly low near 1.1391 into the NY session before recovering to the 1.14286 session high, then faded back onto the EMA(20) around 1.1416 as this final bar closed at 1.14159. RSI(14) is cycling near the midline, matching the flat, two-way structure.
Support: 1.1391, 1.1360
Resistance: 1.1430, 1.14286
What it said to watch
H1 close above 1.1430 range cap would open the 1.1500 path
Failure to hold 1.1391 week low exposes the 1.1360 range floor
German final HICP Fri 06:00 GMT is the next EUR data catalyst
EURUSD spent the week boxed below 1.1430, with the dominant leg lower into the NY session pressing to 1.13910 before demand stepped in twice for a double-bottom bounce back to 1.14159. The USD safe-haven bid from renewed US–Iran tensions and rallying oil has capped euro upside despite firmer German data. Price is hugging EMA(20) but sits under EMA(50), with RSI(14) cycling around the mid-line.
Support: 1.1391, 1.1400, 1.1360
Resistance: 1.1430, 1.1462
What it said to watch
H1 close above 1.1430 range cap opens the 1.1462 week-high path
Loss of 1.1391 swing low exposes the 1.1360 range floor
FOMC minutes fallout tonight could shift the USD leg materially
EUR/USD spent the week boxed between 1.1390 and 1.1450, sliding to a 1.1391 base before demand stepped in twice around 1.1390–1.1395 and lifted price back to the 50% retrace of the week's decline. The recovery into the NY session, coinciding with the FOMC minutes release, has RSI(14) back near 56 from oversold, with price reclaiming EMA20. The 1.1430 cap noted all week remains the pivot the recovery has yet to clear.
Support: 1.1400, 1.1391
Resistance: 1.1430, 1.1450
What it said to watch
H1 close above 1.1430 invalidates the range top and opens the path toward 1.1450/1.1500
Failure to hold 1.1400/1.1391 confirms a lower low and reopens range-floor pressure
FOMC minutes and Thu jobless claims fallout could shift the USD leg of this read
20:01 UTC
Range-bound, recovering off the low · RSI 56 · price 1.14265
Higher lows off Tuesday's low, still capped below 1.1430.
EURUSD carved a double bottom near 1.1391 during Tuesday's NY session and has since climbed back above EMA(20), printing higher lows into the current session with RSI(14) recovering to the mid-50s. The 1.1430 area has repeatedly capped this week and remains the structural ceiling; the pair is boxed in the 1.1360–1.1450 range flagged in the EUR read. Recovery followed a firmer German-data undertone offset by Iran-driven USD haven demand.
Support: 1.1393, 1.1412, 1.1360
Resistance: 1.1430, 1.1450
What it said to watch
H1 close above 1.1430 range cap would open the path toward 1.1450 week high
Failure to hold 1.1393 week low reopens the 1.1360 range floor
FOMC minutes fallout could materially shift the USD leg of this read
EUR/USD slid from Monday's 1.1462 area to a week low of 1.1391 during the NY session, pressured by Iran-driven safe-haven USD flows, and has since retraced roughly 50% of that leg to 1.1427. Price is back above the EMA(20) with RSI(14) climbing off the lows into the mid-50s, but 1.1430 has repeatedly capped this week and is the cap to watch. Fed minutes tonight — the first under Chair Warsh — are the near-term catalyst.
Support: 1.1391, 1.1400, 1.1360
Resistance: 1.1430, 1.1462
What it said to watch
H1 close above 1.1430 opens the 1.1450/1.1580 path
Failure to hold 1.1391 confirms a lower low toward 1.1360
FOMC minutes tonight could materially shift the USD leg
EUR/USD has been pinned in a 1.1360-1.1450 range all week, with 1.1430 capping every rally as Iran-driven safe-haven USD and firmer oil offset hawkish ECB repricing. Price drifted to a 1.1391 week low into Wednesday's NY session before demand stepped in twice around that level, forming a double bottom and lifting price back above EMA20 to 1.1427. RSI(14) has cycled off oversold territory to the mid-50s on the bounce.
Support: 1.1391, 1.1360
Resistance: 1.1430, 1.1462
What it said to watch
H1 close above 1.1430 opens the 1.1450/1.1462 path
Failure to hold 1.1391 confirms a lower-low toward 1.1360
FOMC minutes fallout tonight and US jobless claims Thu could shift the USD leg
18:01 UTC
Downtrend this week, bouncing off lows · RSI 53 · price 1.14201
Range-bound 1.1360-1.1450, testing mid.
EUR/USD faded through the week off Monday's 1.1462 high, printing its weakest levels near 1.1391 into yesterday's NY session before demand stepped in twice to hold the floor. Price has recovered above EMA(20) with RSI(14) lifting back through 50, but 1.1427 has repeatedly capped attempts and keeps the broader 1.1360-1.1450 range intact. The June FOMC minutes have just landed at 18:00 UTC, the swing factor for the next session.
Support: 1.1391, 1.1360
Resistance: 1.1427, 1.1450
What it said to watch
FOMC minutes just released — could materially shift this read into the NY close
H1 close above 1.1427 opens the path toward the 1.1450 range top
EURUSD has spent the week pinned inside a 1.1360-1.1450 range, with the 1.1430 week cap rejecting each rally and the week low at 1.1393 absorbing the midweek dip after Iran risk-off revived a safe-haven USD bid. Price is back above EMA(20) near 1.1420 with RSI(14) recovered to the neutral 50 zone, but still sits under EMA(50) after failing to convert hawkish-ECB repricing into a sustained bid. Range structure remains fully intact into the FOMC minutes.
Support: 1.1393, 1.1360
Resistance: 1.1430, 1.1450
What it said to watch
FOMC minutes at 18:00 GMT is the imminent driver and could break this range read
H1 close above 1.1430 opens the path toward the 1.1450 range top
Loss of 1.1393 exposes the 1.1360 range floor and shifts near-term tone lower
EUR spent the week grinding lower off Monday's open, printing lower highs and stalling repeatedly around 1.1430 into a 1.1391 week low during yesterday's NY session. Price has since reclaimed EMA(20) with RSI(14) back near 50, but sits below EMA(50) as it hovers above the range floor. The competing hawkish-ECB vs safe-haven USD read has kept the pair boxed roughly 1.1360-1.1450.
Support: 1.1391, 1.1360
Resistance: 1.1425, 1.1430
What it said to watch
FOMC minutes at 18:00 GMT (within the hour) could materially shift this read
H1 close above 1.1430 negates the lower-highs sequence
Loss of 1.1391 opens a test of the 1.1360 range floor
EUR/USD spent the week grinding lower off Monday's 1.1462 high, with 1.1430 capping every rebound and supply repeatedly rejecting there. The NY session drove the latest leg into a 1.1391 low as safe-haven USD demand on US-Iran tensions offset hawkish-ECB repricing; price has since stabilised just above EMA(20) around 1.1415. RSI(14) is back near 48 after basing, leaving the pair boxed in the 1.1390-1.1430 range into the FOMC minutes.
Support: 1.1391, 1.1360
Resistance: 1.1430, 1.1462
What it said to watch
18:00 GMT FOMC minutes could materially shift this read
H1 close above 1.1430 negates the range cap and opens 1.1462
Loss of 1.1391 confirms a lower low toward the 1.1360 range floor
16:01 UTC
Downtrend, momentum easing near range low · RSI 42 · price 1.13962
Lower highs since Tuesday, probing range base.
EUR/USD has ground lower through the week off the 1.1462 swing high, printing lower highs and slipping under EMA20/50 as safe-haven USD demand on Iran risk capped every bounce at the 1.1430 reject cap. Into the NY session yesterday sellers pressed the pair to a range low around 1.1390, the weakest close since last Wednesday, with price now hovering just above that base. RSI(14) sits in the low 40s, reflecting the tired downside rather than an extreme.
Support: 1.1390, 1.1360
Resistance: 1.1430, 1.1445
What it said to watch
FOMC minutes at 18:00 GMT is the primary near-term driver — could materially shift this read
H1 close below 1.1390 range low confirms continuation toward 1.1360 range base
Reclaim of the 1.1430 reject cap neutralises the lower-high sequence
EUR/USD has ground out lower highs since Monday's open and slid to its weakest print of the week near 1.1391 during the NY session, with oil-driven safe-haven USD demand keeping rallies capped. Price sits below EMA20 (~1.1415) with RSI(14) around 41 after a modest bounce off the session low. The 1.1430 rejection cap has held every attempt this week while the 1.1360 range floor remains the downside marker.
Support: 1.1391, 1.1360
Resistance: 1.1415, 1.1430
What it said to watch
FOMC minutes at 18:00 GMT is the primary near-term driver and could reset this read
Hourly close below 1.1360 confirms a range break lower
Reclaim of 1.1415/1.1430 negates the lower-high sequence
Consolidation around 1.1400, lower highs into resistance.
EUR/USD has held a 1.1360–1.1450 range all week, with repeated rejections capping the 1.1430 area. Price slipped to 1.1393 during London hours on safe-haven USD demand before recovering to just above 1.1400, but it trades below both EMA(20) and EMA(50) with RSI(14) in the mid-40s. The week's hawkish-ECB firmer German data underpins, yet the pair stays pinned ahead of the FOMC minutes.
Support: 1.13926, 1.1360
Resistance: 1.1416, 1.1430, 1.1450
What it said to watch
H1 close above 1.1430 needed to unlock the 1.1450 week high
Loss of 1.1393 week low opens the 1.1360 range low
FOMC minutes 18:00 GMT could materially shift this read
EUR/USD has ground lower since the weekend gap, printing a string of lower highs and rejecting the 1.1430 cap on each push as US-Iran safe-haven USD demand offsets the week's hawkish-ECB and firm-German-data bid. Price sits just below EMA20 and EMA50 after basing at 1.1393; RSI(14) is mid-range near 46. The pair is pinned in the 1.1360–1.1450 range flagged all week.
Support: 1.1393, 1.1360
Resistance: 1.1410, 1.1430, 1.1450
What it said to watch
H1 close above 1.1430 cap opens the path to the 1.1450 week high and 1.1500 area
Failure to hold 1.1393 exposes the 1.1360 range low
FOMC minutes at 18:00 GMT could materially shift this read
14:02 UTC
Drifting lower within range · RSI 44 · price 1.14104
Range, sitting on lower half.
EUR/USD has drifted into the lower half of this week's 1.1360-1.1450 range, with a sharp sell-off through the NY session pushing to 1.1393 before a bounce back to the 1.1400 mark. Price sits below EMA20 and EMA50 with lower highs capping since midweek; RSI(14) recovered off the low but holds sub-50. The move fits the digest read of a firm safe-haven USD on Iran tensions keeping the pair pinned ahead of the FOMC Minutes.
Support: 1.1393, 1.1360
Resistance: 1.1425, 1.1450
What it said to watch
FOMC Minutes at 18:00 GMT (~4h) is the dominant near-term catalyst
Hourly close below 1.1393 swing low exposes the 1.1360 range floor
Reclaim of 1.1425 needed to challenge the range top toward 1.1450
EUR/USD has spent the week boxed in 1.1393-1.1462, printing successive lower highs off Monday's 1.1462 peak. A London-session slide today swept the range lows to 1.13926 before buyers pulled it back toward the EMA(20) near 1.1410, leaving the pair its weakest close since last week on the firmer, Iran/oil-supported USD. RSI(14) sits mid-range as price consolidates ahead of the FOMC Minutes.
Support: 1.1393, 1.1360
Resistance: 1.1425, 1.1462
What it said to watch
FOMC Minutes at 18:00 GMT is the dominant near-term risk for this read
H1 close below 1.1393 confirms a lower low and exposes the 1.1360 range floor
Reclaim of 1.1425 range top negates the week's downward drift
13:01 UTC
Downtrend, pressing lows · RSI 36 · price 1.13967
Lower highs, lower lows.
EUR/USD has drifted lower all week from Monday's 1.1450 open, with the decline accelerating through the NY session as price broke the 1.1400 psych level and posted its weakest close of the window near 1.1396. Price sits below both EMA20 and EMA50 with RSI(14) around 36, and each rally into the falling EMA20 has been capped, keeping the descending channel intact. The move ties to a resilient safe-haven USD bid on Iran/oil-inflation fears while firmer German data failed to lift the single currency.
Support: 1.1390, 1.1393, 1.1360
Resistance: 1.1410, 1.1447
What it said to watch
Loss of 1.1390 strong support exposes the 1.1360 pivot support
H1 close back above 1.1410 EMA20 would ease the downside pressure
FOMC minutes at 18:00 GMT is the immediate catalyst and could reset this read
13:01 UTC
Downtrend, fresh leg lower · RSI 33 · price 1.13967
Lower highs, lower lows; range floor broken.
EUR/USD has ground lower all week from Monday's 1.1450 open, and accelerated during the NY session as a safe-haven USD bid on Iran/oil headlines pressured the pair through the 1.1410 range floor. Price is now pinned to the 1.1393 week low with RSI(14) near 33, holding below both EMA20 and EMA50. The prior 1.1400–1.1470 range top capped every attempt this week; that structure has now flipped to overhead supply.
Support: 1.1393, 1.1360
Resistance: 1.1410, 1.1425
What it said to watch
FOMC minutes at 18:00 GMT is the immediate catalyst and could materially shift this read
A sustained break below 1.1393 exposes the 1.1360 pivotal support
H1 close back above 1.1410 negates the range breakdown
EUR/USD has ground lower through the week and is printing its weakest close near 1.1398 as a safe-haven USD bid, propped by Hormuz/oil headlines, offsets firmer German data. Price broke below the 1.1420 shelf into the NY session and sits under EMA20 (1.1425) with RSI(14) at 36. The 1.1390 area is the last defence ahead of 1.1360.
Support: 1.13926, 1.1390, 1.1360
Resistance: 1.1425, 1.1447
What it said to watch
Hold of 1.1390 keeps the week low intact; a close below exposes 1.1360
Reclaim of EMA20 at 1.1425 would neutralise the lower-high sequence
FOMC minutes 18:00 GMT could materially shift this read
12:01 UTC
Downtrend, range floor broken · RSI 35 · price 1.13979
Range break below 1.1400, lower lows.
EURUSD spent most of the week hemmed inside 1.1400–1.1470 before the NY session forced a clean break of the 1.1400 floor, printing a fresh week low at 1.13926 as the safe-haven USD bid held. Price sits below both EMA20 and EMA50 with RSI(14) mid-30s, confirming the downside momentum. The 1.1390 shelf flagged by the digest is now the immediate area being tested.
Support: 1.1392, 1.1360
Resistance: 1.1425
What it said to watch
H1 close below 1.1390 confirms the break and exposes 1.1360 pivot
Reclaim of 1.1425 puts price back inside the prior range
FOMC minutes at 18:00 GMT could materially shift this read
EUR/USD has ground lower off Monday's 1.14723 spike, printing a steady sequence of lower highs and slipping below the 1.1400–1.1450 range floor into the London session, tagging a fresh weekly low at 1.13959 before recovering to 1.1408. The digest ties the pressure to a revived safe-haven USD bid on Iran/Hormuz headlines, with price holding below both EMA20 and EMA50 and RSI(14) parked in the low-40s. The dip under 1.1400 has so far failed to hold, leaving a marginal false-break read into the FOMC Minutes.
Support: 1.13959, 1.1360
Resistance: 1.1430, 1.1450
What it said to watch
FOMC Minutes at 18:00 UTC — first under Warsh, could materially shift this read
Hourly close below 1.13959 confirms the lower-low and opens 1.1360
Reclaim of 1.1430 resistance would neutralise the range-break read
11:01 UTC
Downtrend developing, range floor lost · RSI 41 · price 1.14078
Week-long range broke lower, lower highs.
EURUSD held the 1.1400–1.1450 range from Monday's open until the NY session yesterday, when safe-haven USD demand ahead of the first Warsh-era FOMC Minutes dragged price through the range floor to a session low at 1.1396. Lower highs have capped every bounce this week and price now sits below both EMAs with RSI(14) tracking near 40. The 1.1396 area is holding for now after a modest recovery back above the 1.1400 handle.
Support: 1.1396, 1.1360
Resistance: 1.1425, 1.1450
What it said to watch
FOMC Minutes at 18:00 GMT could materially shift this read
H1 close below 1.1390 confirms the range break and opens 1.1360 strong support
Reclaim of 1.1425 prior high negates the downside break and returns price into the range
10:01 UTC
Range-bound, recent leg lower · RSI 40 · price 1.14053
Lower highs into range floor test.
EUR/USD has spent the week pinned in the 1.1360-1.1450 band, and the NY session slide pushed it back to the range floor, printing a week low at 1.1396 before the 1.14053 close. Lower highs since Monday's 1.1472 spike keep the drift heavy, with price trading below both EMA20 and EMA50 and RSI cycling in the high-30s. The 1.1425 gate has capped every bounce this week.
Support: 1.1396, 1.1360
Resistance: 1.1425, 1.1450
What it said to watch
Hourly close below 1.1396 opens the 1.1360 range floor
Reclaim of the 1.1425 gate needed to challenge the 1.1450 range top
FOMC minutes at 18:00 GMT could materially shift this read
10:01 UTC
Drifting lower, below EMAs · RSI 40 · price 1.14053
Lower highs inside weekly range.
EUR/USD has ground out a sequence of lower highs since Monday's open, capped repeatedly near 1.1425 and now trading under both EMA(20) and EMA(50). The dominant leg came in the NY session yesterday, a sharp drop from 1.1431 to a fresh session low at 1.1396 as the USD held its Hormuz safe-haven bid. Price sits pinned at the lower half of the weekly 1.1360-1.1450 range with RSI(14) around 40.
Support: 1.1396, 1.1360
Resistance: 1.1425, 1.1450
What it said to watch
H1 close above 1.1425 breaks the lower-high sequence
Break of 1.1360 confirms a range-floor breakdown
FOMC minutes 18:00 GMT is the immediate USD catalyst
09:01 UTC
Range with lower-high drift · RSI 41 · price 1.14086
Week-long 1.1400-1.1470 range, edging to floor.
EURUSD opened the week near 1.1410, spiked to 1.14723 on Monday, then bled back to the range floor with a series of lower highs. The last NY-hour bar swept from 1.14272 down to 1.141 for the weakest close since last Wednesday near 1.1406, in line with the Iran-driven safe-haven Dollar bid. Price sits below EMA20 and EMA50 with RSI(14) around 41, pinned against the 1.1400 psych floor.
Support: 1.1400, 1.13981, 1.1390
Resistance: 1.1425, 1.1447, 1.14723
What it said to watch
FOMC Minutes 18:00 UTC could materially shift this read
H1 close below 1.1390 confirms a lower-low and breaks the range floor
Reclaim of 1.1447 range top reopens the 1.1400-1.1470 balance
EUR/USD has drifted lower all week from Monday's spike high near 1.1472, logging its weakest close since last Wednesday as a safe-haven Dollar bid capped the single currency. Price sits below EMA20 with a clean sequence of lower highs, and the London-session drop to 1.1400 left the round-number floor under pressure into the FOMC minutes. RSI(14) near 41 reflects the fading momentum without yet reaching oversold.
Support: 1.1400, 1.1390, 1.1398
Resistance: 1.1425, 1.1470, 1.1472
What it said to watch
H1 close below 1.1390 shifts the near-term bias lower and confirms a fresh lower-low
Reclaim of 1.1425 EMA20 would neutralise the lower-high sequence
FOMC minutes today ~18:00 UTC could materially shift this read
08:01 UTC
Range-bound, basing off 1.1400 · RSI 53 · price 1.14243
Week-long range under 1.1470, recovery off the lows.
EUR/USD has spent the week penned under 1.1470 after Wednesday's spike to 1.14723 faded, with safe-haven USD flows and Hormuz-driven oil keeping the tape capped. Price defended 1.1400 twice into the Asia session and has ground back to 1.1424, reclaiming EMA(20) while EMA(50) still caps just overhead. RSI(14) has lifted off the mid-40s to ~53 as the base holds.
Support: 1.1400, 1.13981
Resistance: 1.1445, 1.1470, 1.14723
What it said to watch
FOMC minutes 18:00 GMT could materially shift this read
H1 close below 1.1400 confirms a lower-low and opens the week low
Reclaim of 1.1470 needed to break the week-long range top
EUR/USD has held a tight 1.1400-1.1470 range all week after Monday's opening spike to 1.14723 faded; the tape stayed pinned near 1.1400 as safe-haven USD demand from Hormuz/Iran headlines capped hawkish-ECB repricing. Price dug to 1.13999 late in the prior session before demand stepped in twice at 1.1400 and lifted back to 1.14243, now sitting just above EMA20 with RSI(14) cycling around the midline. FOMC minutes at 18:00 GMT is the week's key catalyst.
Support: 1.1400, 1.1390, 1.1415
Resistance: 1.1445, 1.1470
What it said to watch
FOMC minutes at 18:00 GMT could materially shift this read
Break below 1.1390 flips the range tone lower and confirms a lower-low
H1 close above 1.1470 opens the path toward 1.1500
EUR/USD slipped to its weakest since last Wednesday, printing a double bottom at 1.1400 across the last NY session before demand stepped in and lifted price back through EMA20 to 1.1422. The move up has retraced roughly 38% of this week's 1.1462-1.1398 decline, but the sequence of lower-highs since Monday keeps EMA50 capping overhead. FOMC minutes at 18:00 GMT are the dominant catalyst into the next sessions.
Support: 1.1400, 1.1398
Resistance: 1.1436, 1.1447, 1.1462
What it said to watch
H1 close below 1.1398 confirms a lower-low and breaks the double bottom base
Reclaim of 1.1436 would end the lower-high sequence
FOMC minutes 18:00 GMT could materially shift this read
07:01 UTC
Downtrend, bouncing off support · RSI 52 · price 1.14221
Lower highs into 1.1400, double-bottom bounce.
EUR/USD drifted lower through the back half of the week, printing a weekly low near 1.1400 before demand stepped in twice at that level to form a double bottom. Price has since reclaimed the EMA20 but sits below the EMA50, keeping the broader tilt lower; RSI(14) has recovered off oversold back toward the midline. FOMC minutes at 18:00 GMT are the dominant catalyst into the next sessions.
Support: 1.1401, 1.1390
Resistance: 1.1436, 1.1447, 1.1462
What it said to watch
FOMC minutes 18:00 GMT could materially shift this read
H1 close below 1.1390 confirms a lower low and negates the double bottom
Close above 1.1436 opens the path toward 1.1447 then the 1.1462 week high
This-week range 1.1398-1.1458, base forming near 1.1400.
EUR/USD spent the week boxed between the 1.1458 week high and a 1.1398 base, printing its weakest closes near the 1.1400 psych level before demand stepped in twice around there. The pair has clawed back ~24 pips off the week low into the Asia session with RSI(14) recovering through 50 and price reclaiming EMA(20), though it sits below EMA(50). The tape stays hostage to Bund-Treasury spreads with FOMC minutes (18:00 GMT) the near-term swing factor.
Support: 1.1400, 1.1398, 1.1390
Resistance: 1.1447, 1.1458
What it said to watch
H1 close above 1.1447 prior high opens the path back to the 1.1458 week high
Loss of 1.1398 week low / 1.1390 uob support confirms a lower-low
FOMC minutes 18:00 GMT could materially shift this read
EUR/USD has bled lower since Tuesday's 1.1472 high, printing successive lower highs into a 1.1400 base where buyers stepped in twice overnight. Price is now clawing back above EMA(20) with RSI(14) lifting off oversold, though it remains capped under EMA(50) and the week's prior-day range. The pair stays hostage to Bund-Treasury spreads with FOMC minutes the near-term swing factor.
Support: 1.1400, 1.1418, 1.1390
Resistance: 1.1445, 1.1470, 1.1472
What it said to watch
H1 close above 1.1445 prior high challenges the lower-high structure and opens 1.1470 range res
Loss of the 1.1400 week low confirms a fresh lower-low toward the 1.1390 psych area
FOMC minutes at 18:00 GMT could materially shift this read
Range-bound below week's high, lower highs into pullback.
EUR/USD opened Monday near 1.1385 and spiked to 1.1472, then faded through the Tuesday-Wednesday sessions to retest the 1.1400 round number before this modest recovery to 1.1414. Price trades below EMA20/EMA50 with the 1.1400-1.1470 range still framing the week; German IP beat failed to lift the euro, leaving it pinned. RSI(14) has cycled back toward the mid-40s off the pullback.
Support: 1.1400, 1.1390, 1.13981
Resistance: 1.1447, 1.1470, 1.14723
What it said to watch
FOMC minutes at 18:00 UTC is the dominant USD driver and could shift this read
H1 close below 1.1400 exposes strong support at 1.1390
Reclaim of 1.1447 puts the 1.1470 range top back in play
05:01 UTC
Rangebound, sliding to floor · RSI 44 · price 1.14143
Lower highs into 1.1400 range base.
EUR/USD has drifted into the lower half of this week's 1.1400-1.1470 range, grinding out lower highs through the NY session before printing a fresh swing low at 1.1398, where demand stepped in around the 1.1400 round number. Price trades below EMA(20) and EMA(50) with RSI(14) recovering off the low-40s; upbeat German IP (+0.9%) failed to lift the euro, leaving it pinned near the range base. The move stays a relative-rates, USD-side story ahead of the FOMC minutes.
Support: 1.1400, 1.1398, 1.1390
Resistance: 1.1447, 1.1470
What it said to watch
H1 close below 1.1390 confirms a range break lower
Reclaim of 1.1447 needed to re-challenge the 1.1470 range top
FOMC minutes at 18:00 UTC is the dominant driver for the next bars
EUR stayed pinned in its 1.1350-1.1450 summer range this week, drifting off Monday's 1.1472 spike into a string of lower highs; the German IP beat failed to lift the euro. The recent leg down stalled at the 1.1400 psych level, where demand stepped in for a small bounce to 1.1413, but price sits below both EMA(20) and EMA(50). RSI(14) near 44 reflects the soft, range-fade tone.
Support: 1.1400, 1.1390, 1.1350
Resistance: 1.1445, 1.1470
What it said to watch
FOMC minutes today 18:00 UTC could materially shift the USD leg of this read
H1 close below 1.1390 strong support exposes the 1.1350 range floor
Reclaim of 1.1445 prior high needed to challenge the 1.1470 range top
04:01 UTC
Intraday downtrend within range · RSI 44 · price 1.14133
Lower highs since 1.1447, range-bound.
EURUSD rolled off 1.1447 through the NY session yesterday, sliding to 1.1398 before a shallow recovery to 1.1413, keeping price below EMA20 with RSI in the low-40s. The pair remains hostage to the 1.1350–1.1450 summer band; a firm German IP beat failed to lift it. Sequence of lower highs is intact while 1.1390 support holds.
Support: 1.1398, 1.1390, 1.1350
Resistance: 1.1425, 1.1447
What it said to watch
FOMC minutes 18:00 UTC could materially shift the USD leg of this read
H1 close below 1.1390 exposes the 1.1350 range floor
Reclaim of 1.1425 EMA20 would neutralise the lower-high sequence
03:01 UTC
Range, drifting lower · RSI 41 · price 1.14126
Lower highs inside weekly range.
EUR/USD is boxed in its 1.1350–1.1450 summer range and has ground lower since Monday's spike to 1.1472, stringing together lower highs through the week. Price sits below EMA(20) and EMA(50) with RSI(14) near 41 as it probes the 1.1400 area; a solid German IP beat failed to lift the euro while the USD stayed firm. The 1.1390–1.1350 band is the downside pivot zone still in play.
Support: 1.1400, 1.1390, 1.1350
Resistance: 1.1447, 1.1472
What it said to watch
H1 close below 1.1390 exposes the 1.1350 range floor
Reclaim of 1.1447 would challenge the week's lower-high sequence
FOMC minutes at 18:00 UTC could materially shift this read
03:01 UTC
Downtrend, testing range lows · RSI 41 · price 1.14126
Lower highs into range floor.
EUR/USD has ground lower since mid-week, printing lower highs off 1.1447 and sliding into the NY session yesterday to a 1.1398 session low as the dollar held a firm, hawkish-Fed premium. Price trades below EMA(20) and EMA(50) with RSI(14) around 41, and a small bounce off the range floor into today's Asia hours has yet to reclaim the 1.1420 EMA(20). The 1.1390 support cited as the range pivot remains the line in the sand for the summer 1.1350–1.1450 band.
Support: 1.1398, 1.1390, 1.1350
Resistance: 1.1420, 1.1447
What it said to watch
H1 close below 1.1390 exposes the 1.1350 range floor
Reclaim of 1.1420 EMA(20) neutralises the lower-high sequence
FOMC minutes 18:00 UTC could materially shift the USD side of this read
EUR/USD rolled over from Tuesday's 1.1472 week high and has ground lower through the week, printing successive lower highs and now testing the 1.1400 handle into the Asia session. Price sits below both EMA20 and EMA50 with RSI(14) cycling in the low 40s, and the 1.1398 session low is the immediate line being probed. The pair stays pinned in the broader 1.1350–1.1450 summer range flagged in the macro read, with no fresh catalyst yet to break it.
Support: 1.1398, 1.1390
Resistance: 1.1447, 1.1436, 1.1472
What it said to watch
H1 close below 1.1390 opens the path to the range floor
Reclaim of 1.1436 weekly pivot neutralises the lower-high sequence
FOMC minutes 18:00 UTC and German HICP Fri could materially shift this read
02:01 UTC
Downtrend within weekly range · RSI 40 · price 1.14047
Lower highs, testing range base.
EUR/USD has drifted lower through the back half of the week, printing successive lower highs off Monday's 1.1472 spike and slipping under both EMAs into the NY session. Price now probes the 1.1400 area with the recent low at 1.13981; the 1.1350-1.1450 summer range still frames the tape and 1.14473 has capped the last bounce. RSI(14) sits in the high-30s, tracking the fade with no divergence yet.
Support: 1.13981, 1.1390, 1.1350
Resistance: 1.14473, 1.1450
What it said to watch
FOMC minutes at 18:00 UTC could shift the USD leg and this range read
Loss of 1.1390 range support opens the 1.1350 range floor
H1 close back above 1.14473 prior high neutralises the lower-high sequence
German HICP Fri 06:00 UTC is the week's key EUR catalyst
Lower highs since Tuesday's high, testing range floor.
EUR/USD rallied off Monday's open to the week high at 1.1472 on firm German data, but has ground lower through the week in a steady sequence of lower highs. Price has since slipped below both EMA20 and EMA50 and is now probing the 1.1400 psych level after breaking the prior 1.1410 shelf. RSI(14) sits subdued near 38, consistent with the retracement of the earlier impulse.
Support: 1.1400, 1.1390
Resistance: 1.1425, 1.1447, 1.1472
What it said to watch
H1 close below 1.1390 confirms a lower-low toward the range floor
Reclaim of 1.1425 ema20 would neutralise the descending read
FOMC minutes today (18:00 UTC) could materially shift this read
EUR/USD has bled lower through the NY session and into Asia, printing a chain of lower highs off 1.1447 and a marginal 1.1400 low, with price now trading below both EMA20 and EMA50. The slide fits the firm-USD, hawkish-Fed tone, with the euro unable to hold gains despite upbeat German data. Price is pressing the well-worn 1.1400 round level as RSI(14) hovers in the mid-30s after a shallow bounce.
Support: 1.1400, 1.1390, 1.13776
Resistance: 1.1422, 1.14449
What it said to watch
H1 close below 1.1390 confirms a break of the range floor toward 1.1378 weekly low
Reclaim of the 1.14220 ema20 would neutralise the lower-high sequence
FOMC minutes today 18:00 UTC could materially shift this read
00:01 UTC
Downtrend, momentum building lower · RSI 34 · price 1.14005
Lower highs since Tuesday peak.
EUR/USD peaked Tuesday at 1.1472 then rolled over into a steady sequence of lower highs, and is now pressing the 1.1400 psych level in the lower half of its 1.1350-1.1450 summer range. Firm German industrial data drew no EUR bid this week, leaving the pair a USD/spread play, and the latest NY hours saw supply cap each bounce below the EMA(20). RSI(14) sits near 34, tracking the leg lower without yet reaching an extreme.
Support: 1.1400, 1.1390, 1.1350
Resistance: 1.1447, 1.1472
What it said to watch
H1 close below 1.1390 opens the 1.1350 range floor
Reclaim of 1.1447 needed to challenge the downtrend ceiling
FOMC minutes Wed 18:00 UTC could materially shift the USD leg
00:01 UTC
Downtrend, testing range floor · RSI 32 · price 1.14005
Lower highs since Monday's spike, pressing 1.1400.
EUR/USD faded steadily through the NY session and into Asia, slipping from Monday's 1.1472 spike back to the 1.1400 round number with a chain of lower highs. Price trades below both EMA20 and EMA50 and RSI(14) has pushed into oversold near 31, reflecting the pared ECB-hike bets and a firm hawkish-Fed-supported USD keeping the pair in the lower half of the 1.1350–1.1450 range. 1.1400 is the immediate area to watch for a hold or break.
Support: 1.1400, 1.1390, 1.1350
Resistance: 1.1445, 1.1470
What it said to watch
H1 close below 1.1390 opens the 1.1350 range floor
Reclaim of 1.1445 needed to challenge lower-highs structure
FOMC minutes Wed 18:00 UTC could materially shift this read