Consolidation after Tuesday's drop, range lows tested.
EURUSD has been boxed between 1.1500 and 1.1575 since Tuesday's sharp slide from the 1.1644 weekly high, with the soft Eurozone GDP and German factory orders capping any recovery against a firm broad dollar. Price sits below EMA20 and EMA50 and is drifting back toward the range floor with RSI mid-40s. The 1.1575 support-turned-resistance has capped each rally this week while the 1.1500 two-month low has so far held.
Support: 1.1500, 1.1519, 1.1499
Resistance: 1.1575, 1.1573
What it said to watch
ECB decision Thu 12:15 UTC plus Lagarde presser 12:45 UTC can break this range
H1 close below 1.1500 confirms a lower low toward 1.1445
H1 close above 1.1575 invalidates the range-cap read
23:01 UTC
Downtrend early week, now ranging near lows · RSI 42 · price 1.15341
Consolidation under resistance after Tuesday's drop.
EUR/USD opened the week near 1.1612 and sold off hard through Tuesday's session to 1.1500, the two-month low, before stabilising into a 1.1530–1.1575 range. Price has slipped back to the lower half of that range, trading under EMA20 and EMA50 with RSI(14) drifting into the low 40s as the 1.1575 week cap rejected the latest probe. Traders are sidelined ahead of Thursday's ECB, with the hike fully priced and the move resting on Lagarde's tone.
Support: 1.1528, 1.1500
Resistance: 1.1575, 1.15728
What it said to watch
H1 close above 1.1575 week cap reopens the upper range
Loss of 1.1528 swing low exposes the 1.1500 two-month low
ECB decision Thu 12:15 UTC + presser can override this range read
22:01 UTC
Downtrend stalling into range · RSI 43 · price 1.15347
Two-day range under broken support.
EURUSD shed roughly 140 pips from the 1.1644 area early in the window down to the 1.1500 week low, then has chopped sideways in a 1.1530-1.1575 band for the past two sessions. Price now trades back at the lower edge below EMA20 with RSI(14) near 43, and the 1.1575 cap has rejected each push higher — consistent with the digest's hawkish-ECB-vs-firm-USD standoff. Buyers have defended the 1.1500 round number while sellers keep absorbing into 1.1575.
Support: 1.15289, 1.1500
Resistance: 1.1550, 1.15575, 1.15738
What it said to watch
ECB decision Thu 12:15 UTC + Lagarde 12:45 UTC is the dominant risk and could break this range either way
H1 close below 1.1500 confirms a lower-low and opens 1.1445
H1 close above 1.1575 range top invalidates the range read
22:01 UTC
Early-week downtrend, now ranging · RSI 41 · price 1.15347
Range below 1.1575 cap, drifting to lows.
EUR sold off from Monday's 1.1612 open through Tuesday's London-NY session, dropping to the 1.1500 two-month low, then carved out a range capped repeatedly below 1.1575 (former support turned resistance). Price has slipped back toward the 1.1529 range floor with RSI(14) easing under 45 and trading below both EMAs, as traders stay sidelined ahead of Thursday's ECB. The 1.1575 ceiling has rejected every recovery attempt this week.
Support: 1.1529, 1.1500
Resistance: 1.1575, 1.1578
What it said to watch
ECB decision Thu 12:15 UTC + Lagarde presser 12:45 UTC could materially shift this read
H1 close below 1.1500 confirms a lower-low, opening 1.1445
H1 close above 1.1575 invalidates the range read
21:01 UTC
Downtrend, now consolidating · RSI 44 · price 1.15387
Range-bound 1.1505–1.1577.
EURUSD has been boxed in a 1.1505–1.1577 band since the sharp drop off 1.1644 early in the window, with last Friday's slide still framing the broader downtrend. A recovery from the 1.1499 low set higher lows into the NY session and tagged the week high near 1.1577 before fading back to 1.1539, leaving price under EMA20 with RSI(14) cycling sub-50. The pair sits mid-range, with EUR a Dollar story after in-line US CPI capped the move.
Support: 1.1505, 1.1500, 1.1445
Resistance: 1.1577, 1.1600
What it said to watch
ECB decision Thu 12:15 UTC and US PPI 12:30 UTC could materially shift this read
H1 close below 1.1505 range floor exposes the 1.1500 two-month low and 1.1445
Close above 1.1577 week high would break the range top
21:01 UTC
Downtrend, now consolidating · RSI 43 · price 1.15387
Range-bound below prior highs.
EURUSD has been boxed in a 1.1500–1.1578 band since the sharp Monday drop off 1.1644, with price slipping back below EMA20 into the close. The recovery from last week's 1.1499 low stalled at 1.1578 and supply has capped each push toward the 1.1575 turned-resistance, leaving the broader downtrend intact. The pair sits near two-month lows as a Dollar story, with in-line US CPI keeping a hawkish Fed priced.
Support: 1.1500, 1.14994
Resistance: 1.15575, 1.15778, 1.1600
What it said to watch
ECB decision Thu 12:15 UTC and US PPI 12:30 UTC could materially shift this read
H1 close above 1.1578 would break the week's range top
Failure to hold 1.1500 confirms a lower-low and opens 1.1445
EUR/USD dumped late last week from 1.1644 to ~1.1518, and after the weekend gap-down has spent this week boxed in a 1.1500-1.1575 band on a series of higher lows. Price now sits just under the EMA20 around 1.1548 with RSI(14) mid-range; the 1.1575 prior-support-turned-resistance has capped the recovery while the 1.1500 two-month low holds the floor. The bid stays reliant on ECB hike expectations rather than growth, with EUR trading largely as a Dollar story after in-line US CPI.
Support: 1.1528, 1.1500
Resistance: 1.1548, 1.15575, 1.1600
What it said to watch
H1 close above 1.1575 invalidates the consolidation ceiling, opening 1.1600
Loss of the 1.1500 two-month low extends the broader downtrend toward 1.1445
ECB decision Thu 12:15 UTC and US PPI 12:30 UTC could materially shift this read
20:02 UTC
Downtrend, now consolidating · RSI 45 · price 1.15409
Range after Friday impulse lower.
After last Friday's sharp impulse down from 1.1640 to sub-1.1500, EUR/USD has spent the week boxed in a 1.1505-1.1575 range, with the in-line US CPI failing to add fresh fuel either way. Price has slipped back under EMA20 toward 1.1540 after the week high near 1.1573 capped the recovery, with RSI(14) cycling around the midline. The swing low at 1.1528 and range floor near 1.1505 mark the lower edge being defended.
Support: 1.1528, 1.1505
Resistance: 1.1573, 1.1600
What it said to watch
ECB decision Thu 12:15 UTC plus Lagarde 12:45 UTC could materially shift this read
Hourly close above 1.1573 week high reopens 1.1600 psych resistance
Loss of 1.1505 range low confirms a fresh lower-low
EURUSD has chopped sideways in a 1.1505–1.1575 band all week after Friday's sharp drop, with the pair stuck as a Dollar story following an in-line US CPI print. The recovery from the Sunday low at 1.1499 stalled at 1.1578 and price now sits back at EMA(20) with RSI(14) hovering near 47. Demand has repeatedly stepped in near 1.1534 while supply caps attempts toward 1.1575.
Support: 1.1534, 1.1500
Resistance: 1.1575
What it said to watch
ECB decision Thu 12:15 UTC could materially shift this read
H1 close above 1.1575 invalidates the range-top cap
Failure to hold 1.1534 reopens the 1.1500 two-month low
Consolidation within broader downtrend, holding range.
EUR/USD has been boxed in a 1.1505–1.1575 band all week, recovering off Monday's 1.1499 low into the NY session before fading back under the EMA(20) near 1.1551. The 1.1575 zone has capped two attempts and remains support-turned-resistance, with price now drifting back toward range midpoint after a soft, in-line US CPI failed to extend the prior bounce. RSI(14) sits mid-range around 47, consistent with two-way consolidation rather than directional momentum.
Support: 1.1505, 1.1500, 1.1509
Resistance: 1.1575, 1.1600
What it said to watch
ECB decision Thu 12:15 UTC and Lagarde at 12:45 UTC could break the 1.1505–1.1575 band either way
H1 close above 1.1575 opens the path to the 1.1600 psych level
Failure to hold 1.1505 range low exposes the 1.1500 two-month low
US PPI Thu 12:30 UTC a secondary risk for the USD leg
18:01 UTC
Downtrend, basing into consolidation · RSI 53 · price 1.15539
Ranging 1.1505-1.1555 after recovery off the lows.
EUR/USD spent the early week selling off from 1.1614 into the 1.1500 two-month low, then carved a rounded base and recovered to the week high at 1.15778 during the NY session before easing back to 1.1554. Price now sits in the upper half of the 1.1505-1.1555 band the pair has respected all week, holding above a flattening EMary20/EMA50 with RSI(14) cycling neutral around 53. The bid has stayed reliant on ECB hike pricing rather than growth, leaving the recovery capped below the 1.1575 support-turned-resistance.
Support: 1.15352, 1.1500
Resistance: 1.15778, 1.1600
What it said to watch
ECB decision Thu 12:15 UTC and Lagarde 12:45 UTC could materially shift this read
Hourly close above 1.15778 week high opens the path to 1.1600
Failure to hold the 1.15352 higher low re-exposes the 1.1500 two-month low
18:01 UTC
Downtrend, consolidating off the lows · RSI 55 · price 1.15539
Range with rising lows since Friday's drop.
Price sold off sharply from 1.1644 into Friday's 1.1499 low, then ground back up through this week to a 1.1505–1.1555 band, with May US CPI landing in line and giving no fresh directional push. Holding above EMA(20) and EMA(50) since the recovery began, with RSI(14) cycling mid-50s as each pullback finds the rising lows. The range top at 1.1555 has capped the latest NY-session attempts.
Support: 1.1534, 1.1500, 1.14994
Resistance: 1.1555, 1.1575, 1.1600
What it said to watch
H1 close above 1.1555 opens the 1.1575 prior-support zone
Failure to hold 1.1534 reopens the 1.1500 two-month low
ECB decision Thu 12:15 UTC plus US PPI 12:30 UTC could materially shift this read
17:02 UTC
Consolidating within broader downtrend · RSI 53 · price 1.15537
Range, basing with higher lows.
EUR/USD has been boxed in a 1.1500–1.1578 band since the weekend gap, recovering for a third session toward the recent high at 1.15728 after basing near the range low at 1.15076. Price holds above EMA20 with RSI(14) mid-range, but the 1.15778 wk high has capped the latest push. The move remains a Dollar story with in-line US CPI keeping price contained.
Support: 1.15341, 1.15076, 1.1500
Resistance: 1.15728, 1.15778
What it said to watch
H1 close above 1.15778 wk high opens the 1.1600 zone
Loss of 1.15076 range low exposes the 1.15000 two-month low
ECB decision Thu 12:15 UTC could materially shift this read
17:02 UTC
Recovery within broader downtrend · RSI 55 · price 1.15537
Consolidation band above 1.1500 lows.
EUR/USD has clawed back from the 1.1500 two-month low printed mid-week into a 1.1505–1.1575 band, with price now holding above EMA(20) and tracing a rounded base. The sharp drop from the week's 1.1644 high stalled at 1.1500 and recovery has stayed capped under the 1.1575 support-turned-resistance; RSI(14) sits mid-50s with no extreme. Move remains a Dollar story after in-line US CPI, with EUR pinned ahead of tomorrow's ECB.
Support: 1.1549, 1.15341, 1.1500
Resistance: 1.1575, 1.1600, 1.16203
What it said to watch
ECB decision Thu 12:15 UTC plus Lagarde 12:45 UTC could materially shift this read
H1 close above 1.1575 opens the path to 1.1600
Loss of 1.15341 reopens the 1.1500 two-month low
16:02 UTC
Downtrend, consolidating · RSI 52 · price 1.15504
Range within broader downtrend.
EUR/USD sold off hard mid-window from 1.1644 toward 1.1499 on the firmer Dollar story, then reopened after the weekend gap and clawed back into a 1.1505–1.1555 consolidation band. Recovery off the 1.14994 swing low has held higher lows into this week, but each push has stalled below the 1.1575 prior-support-turned-resistance, leaving price boxed near two-month lows. RSI(14) is cycling around the midline as the range tightens.
Support: 1.1534, 1.1500
Resistance: 1.1575, 1.15778
What it said to watch
H1 close above 1.1575 prior supp opens the path back to 1.1600
Failure to hold the 1.1500 two-mo low exposes 1.1445
ECB decision Thu 12:15 UTC and Lagarde's tone could materially shift this read
Ranging above the 1.1500 low after midweek recovery.
EUR/USD has ticked higher for a third session off the 1.1500 two-month low, but stays boxed in the 1.1505–1.1555 band as a Dollar story with in-line US CPI confirming higher-for-longer pricing. Price sits on EMA(20) with RSI(14) hovering mid-50s; the 1.1555 support-turned-resistance has capped each recovery attempt. Structure remains a consolidation within the broader downtrend.
Support: 1.1505, 1.1500, 1.15352
Resistance: 1.1555, 1.1575
What it said to watch
H1 close above 1.1555 opens the 1.1575 zone
Failure to hold 1.1505 exposes the 1.1500 two-month low
ECB decision Thu 12:15 UTC could materially shift this read
EUR/USD has clawed back from the 1.14994 low for a third day into the 1.1505–1.1575 band that has framed the week after Friday's sharp drop off 1.1640. Price holds just above EMA(20) and EMA(50) with RSI(14) mid-range near 53, but the 1.1575 support-turned-resistance capped the latest push during the NY session. US CPI printed in line today, leaving the structural catalyst to tomorrow's ECB decision.
Support: 1.1528, 1.1500
Resistance: 1.1575, 1.1600
What it said to watch
H1 close above 1.1575 opens the path toward 1.1600
Loss of 1.1500 confirms a fresh lower low
ECB decision Thu 12:15 UTC could materially shift this read
Consolidation band 1.1505-1.1575, higher lows since the low.
EUR/USD has carved higher lows for a third session off the 1.1500 area, holding above EMA(20) and EMA(50) after an in-line US CPI print did little to extend the Dollar bid. The recovery stalled into the 1.1575 prior-high zone, leaving the pair pinned mid-range near 1.1550. RSI(14) cycling around 53 reflects a balanced band rather than directional momentum.
Support: 1.1505, 1.1500
Resistance: 1.1575, 1.1600
What it said to watch
H1 close above 1.1575 opens the path to the 1.1600 round number
Failure to hold 1.1505 confirms a return toward the 1.1500 two-month low
ECB decision Thu 12:15 UTC and US PPI Thu 12:30 UTC could materially shift this read
14:02 UTC
Recovery off lows, range-bound · RSI 58 · price 1.15604
Consolidation between 1.1500 and 1.1575.
EURUSD has carved a 1.1500–1.1575 range since recovering off the 1.14994 two-month low, with RSI(14) cycling mid-range as the rebound probes the upper edge into the NY session. The 1.1575 prior support-turned-resistance has capped the recovery while price holds just above EMA20 near 1.1550. The move reads as a USD-driven consolidation ahead of Thursday's ECB decision.
Support: 1.1550, 1.1528, 1.1500
Resistance: 1.1575, 1.1600
What it said to watch
ECB decision Thu 12:15 UTC and Lagarde presser 12:45 UTC could materially shift this read
H1 close above 1.1575 opens the path back toward 1.1600
Failure to hold 1.1500 confirms a break of the two-month low toward 1.1445
EUR/USD spent the week consolidating in a 1.1500-1.1575 band after last Friday's sharp drop, with the 1.14990 low holding twice and demand stepping in on each dip. Price has carved a series of rising lows since and is now testing the 1.1555-1.1575 old-support-turned-resistance zone, trading above both EMA20 and EMA50 with RSI cycling in the upper-50s/60s. The 1.15728 session high marks the week's reclaim attempt into the NY session.
Support: 1.1535, 1.1500, 1.1499
Resistance: 1.15575, 1.15728, 1.1600
What it said to watch
Sustained reclaim above 1.1575 negates the range-top cap and opens 1.1600
Loss of the rising-low line below 1.1535 reopens 1.1500
Close below 1.1500 confirms a fresh lower low toward prior lows
ECB decision Thu 12:15 UTC + Lagarde 12:45 UTC could materially shift this read
Consolidation band after midweek recovery off 1.1500.
The week opened near 1.1635 and slid to the 1.1500 two-month low through midweek on broad USD strength after Friday's NFP beat. Since then EUR/USD has recovered into a 1.1528–1.1578 band, capped just below the 1.1575 prior-support zone, with RSI(14) cycling around the midline and price hugging EMA20. The recovery has carved higher lows off 1.1500 but the week high at 1.1578 remains the ceiling.
Support: 1.1528, 1.1500
Resistance: 1.1578, 1.1575, 1.1600
What it said to watch
US CPI just landing — a hot beat pressures the 1.1500 two-month low, a soft miss reopens the 1.1575 cap
ECB decision + Lagarde presser Thu 12:15/12:45 GMT could materially shift this read
H1 close above 1.1578 invalidates the range top; loss of 1.1528 reopens 1.1500
13:02 UTC
Recovery off the lows, capped · RSI 52 · price 1.15477
Higher lows since the gap-down, flat top below 1.1577.
After Monday's slide from 1.1644 into the 1.1500 two-month low, EUR/USD has ground out three sessions of higher lows back toward 1.1577, where the prior support zone is now capping. Price sits just above EMA20/EMA50 with RSI(14) mid-range near 52 — recovery momentum but no break of the range top, as traders sit tight into today's US CPI.
Support: 1.1535, 1.1500, 1.1499
Resistance: 1.1577, 1.1600
What it said to watch
H1 close above 1.1577 reopens the path to 1.1600
Failure to hold 1.1535 higher low exposes the 1.1500 two-month low again
US CPI today and ECB/Lagarde Thursday could materially shift this read
EUR/USD bounced from the 1.1500 base struck after Friday's hot NFP-driven USD bid and climbed to a 1.1577 week high before fading. Price has since drifted back below EMA(20), chopping in a 1.1535-1.1555 band as traders sit on hands into the US CPI print. RSI(14) sits mid-range near 46, reflecting the stall after the recovery leg.
Support: 1.1535, 1.1505
Resistance: 1.1555, 1.1577
What it said to watch
US CPI at 12:30 GMT imminent — could materially shift this read
Higher lows into recent pullback, capped sub-1.1578.
EUR/USD clawed back from Monday's 1.1499 low, stacking higher lows through the NY sessions to tag 1.1578 before fading. The last hour slipped back below EMA(20) to 1.1536 with RSI(14) cooling toward 44 as traders square up into US CPI. Price sits mid-range of the 1.1505-1.1555 consolidation band the digest flags.
Support: 1.1528, 1.1505, 1.1499
Resistance: 1.1548, 1.1578, 1.1600
What it said to watch
US CPI at 12:30 UTC is the immediate driver and can break this range
Hourly close below 1.1528 puts the 1.1505 range base back in play
Reclaim of 1.1548 EMA20 and a push through 1.1578 reopens 1.1600
11:02 UTC
Recovery, capped at range top · RSI 56 · price 1.15514
Higher lows into 1.1555 cap.
EUR/USD has ground back up off the 1.1499 post-gap low, stacking higher lows through the week while the 1.1555 band cap has rejected repeated attempts. Price sits just under that cap and above EMA20/EMA50, holding the 1.1505-1.1555 consolidation band into US CPI. The week's dominant move remains Tuesday's sharp drop from 1.1645; current action is a shallow retrace into it.
Support: 1.1528, 1.1505, 1.1499
Resistance: 1.1555, 1.1600
What it said to watch
US CPI at 12:30 GMT is the dominant near-term driver and can break the 1.1505-1.1555 band
Hourly close above 1.1555 opens the path toward 1.1600
Loss of 1.1505 reopens the 1.1499 post-gap low
ECB decision Thursday could materially shift this read
EUR/USD has ground higher since carving the 1.1499 low Monday, posting a sequence of higher lows that has kept price above EMA(20) and EMA(50) into the NY transition. The 1.1577 week high capped the latest push and price is consolidating near 1.1551, with RSI(14) cycling in the low-50s — recovery intact but momentum flat. The 1.1505–1.1555 band noted in the macro digest is still the operative range ahead of US CPI.
Support: 1.1540, 1.1505, 1.1499
Resistance: 1.1577, 1.1600
What it said to watch
US CPI today 12:30 GMT is the dominant near-term driver and could break this range
H1 close above 1.1577 opens the path toward 1.1600
Loss of 1.1505 base confirms a lower-low and exposes 1.1445
EURUSD has clawed back through the week from the 1.1500 base set at Monday's open, grinding higher through the NY session to test 1.1578 before easing. Price holds above both EMA20 and EMA50 with RSI(14) cycling mid-range as higher lows build. The 1.1528 swing low has held on the latest pullback; US CPI at 12:30 GMT is the immediate USD-side catalyst.
Support: 1.15284, 1.15094, 1.1500
Resistance: 1.15778, 1.1600
What it said to watch
US CPI at 12:30 GMT could materially shift this read
H1 close above 1.1578 opens the path to the 1.1600 cap
Failure to hold 1.1528 exposes the 1.1500 base
10:02 UTC
Recovery off the weekly low, momentum building · RSI 61 · price 1.15577
Higher lows since Tuesday's base, weekly range intact.
EUR/USD has clawed back from the 1.1500 weekly low after Tuesday's USD-driven flush, carving a series of higher lows and now holding above EMA20 with RSI(14) near 60. The 1.1578 week high capped the latest push, leaving price mid-range below the 1.1600 psych cap. US CPI at 12:30 GMT and Thursday's ECB are the catalysts framing this week's 1.1500-1.1578 box.
Support: 1.1545, 1.1500
Resistance: 1.1578, 1.1600
What it said to watch
US CPI at 12:30 GMT could materially shift this read
An H1 close above 1.1578 week high opens the path to the 1.1600 psych level
Loss of the ascending higher-lows trendline back below 1.1545 ema20 reopens the 1.1500 weekly low
09:02 UTC
Recovery off week lows, higher lows building · RSI 57 · price 1.15533
Rebound from 1.1500 base, holding above EMAs.
EUR/USD has clawed back above the EMAs after basing near 1.1500 early this week, carving higher lows into the recovery with RSI(14) cycling around the mid-50s. The 1.1575 week high capped Monday's NY rebound, and price now sits at the 38.2% retrace of the week's drop from 1.1645, pinned near 1.1553 ahead of US CPI. Move is a USD/CPI story — the digest flags asymmetry toward a sharper move on a hot print.
Support: 1.1545, 1.1500, 1.1499
Resistance: 1.1575, 1.1600
What it said to watch
US CPI at 12:30 GMT today could materially shift this read
H1 close above 1.1575 opens the path to the 1.1600 range cap
Loss of 1.1500 base confirms a lower low toward 1.1490
Higher lows since Tuesday's 1.1500 base, capped below 1.1578.
EUR/USD has clawed back from the 1.1500 base printed Tuesday, building a sequence of higher lows into the NY session and holding above EMA20/EMA50. The 1.1578 swing high has capped the recovery, with price now coiling around the 1.1555 pivot as RSI cycles mid-range. Action is compressed ahead of the US CPI release at 12:30 GMT.
Support: 1.1545, 1.1500
Resistance: 1.1578, 1.1600
What it said to watch
US CPI at 12:30 GMT could materially shift this read
H1 close above 1.1578 opens the path toward the 1.1600 cap
Loss of 1.1545 pivot exposes the 1.1500 base again
08:02 UTC
Short-term recovery, momentum easing into cap · RSI 55 · price 1.15525
Higher lows off 1.1500, capped at 1.1555.
EUR/USD has recovered off Wednesday's 1.1500 area low, stringing together higher lows and holding above EMA(20) and EMA(50). Price is stalling at the 1.1555 cap — which lines up with the 38.2% retrace of the week's 1.1645-to-1.1499 drop — with RSI(14) cycling mid-range. The pair is range-bound 1.1528-1.1555 ahead of US CPI, the immediate cross-asset catalyst.
Support: 1.15284, 1.1500
Resistance: 1.1555, 1.15778
What it said to watch
H1 close above the 1.1555 cap opens the path toward the 1.1578 wk high
Failure to hold the 1.1528 swing low threatens a retest of 1.1500 psych
US CPI at 12:30 UTC (~4h) could materially shift this read
Price sold off hard from 1.1645 into Monday's NY session to print a 1.1499 low, then ground out a recovery and has been boxed in 1.1500–1.1578 for the past two days as EUR trades as a USD-residual into today's US CPI. A sequence of higher lows since the bottom has lifted price back above EMA(20) and EMA(50), with RSI(14) cycling mid-range around 54. The 1.1555 area has capped this week's attempts, matching the 50% retrace of the weekly drop near 1.1572.
Support: 1.1528, 1.1500
Resistance: 1.15555, 1.15778, 1.1600
What it said to watch
US CPI at 12:30 UTC (~4h) is the dominant near-term driver and can override this structure
H1 close above the 1.1555 cap opens the path toward 1.1578 and the 1.1600 round number
Failure to hold 1.1500 reopens the weekly low and exposes downside
ECB decision Thursday adds a second catalyst this week
Higher lows since the 1.1500 low, consolidating under 1.1558.
EURUSD carved a rounded base off the 1.1500 two-month floor mid-week and recovered to 1.15778 before stalling, now drifting sideways around the EMA20 near 1.1547. The bounce tracks easing USD safe-haven demand, but RSI(14) has cooled back to the 50 line as the move loses thrust. Price holds above EMA50 with a string of higher lows intact since the 1.14994 low.
Support: 1.1528, 1.1500
Resistance: 1.1558, 1.15778
What it said to watch
US CPI today 12:30 UTC (~6h) is the dominant USD-side driver into the next bars
H1 close above 1.15580 reopens the path to the 1.15778 week high
Loss of 1.15280 breaks the higher-low sequence and exposes the 1.1500 floor
EURUSD recovered from the 1.1500 two-month low printed earlier this week and built a series of higher lows into yesterday's NY session, peaking near 1.1578 before fading. Price now coils just above EMA20/EMA50 with RSI(14) hovering near 53; the 1.1555 pivot has capped the latest push. The week's tone remains a dollar story with US CPI the next catalyst.
Support: 1.1528, 1.1538, 1.1500
Resistance: 1.1555, 1.1578, 1.1600
What it said to watch
US CPI today 12:30 UTC (~6h) could materially shift this read
H1 close above 1.1555 pivot opens the path to 1.1578 then 1.1600
Failure to hold 1.1528 reopens the 1.1500 floor
06:02 UTC
Recovery off lows, momentum building · RSI 61 · price 1.15546
Higher lows since week low, testing pivot.
EUR/USD has clawed back from the 1.14994 week low, posting a string of higher lows into the Asia session as easing Mideast risk sapped USD safe-haven demand. Price now sits on the 1.1555 pivot, holding above EMA20 with RSI(14) mid-60s. The week high at 1.1578 caps the recovery for now.
Support: 1.15327, 1.1500, 1.14994
Resistance: 1.1555, 1.15778, 1.1600
What it said to watch
US CPI at 12:30 UTC could materially shift this read
H1 close above 1.1578 opens the path to the 1.1600 cap
Failure to hold 1.1500 reopens the 1.14994 week low
06:01 UTC
Recovery off lows, momentum building · RSI 58 · price 1.15546
Higher lows since week low at 1.1500.
EURUSD has clawed back from the 1.1500 two-month low printed mid-week, grinding higher lows toward the 1.1555 pivot as easing Mideast risk sapped USD safe-haven demand. Price sits above both EMA20 and EMA50 with RSI(14) holding the mid-50s; the 1.1578 prior high is the next supply shelf, with 1.1600 flagged as the cap on rallies.
Support: 1.1528, 1.1500, 1.14994
Resistance: 1.1555, 1.1578, 1.1600
What it said to watch
US CPI today 12:30 UTC is the dominant near-term risk for this read
H1 close above 1.1555 pivot opens the path to 1.1578 then 1.1600
Failure to hold 1.1528 swing low re-exposes the 1.1500 floor
Price carved a rounded base off Monday's 1.1500 low and rallied to 1.1573 into the NY session as USD safe-haven demand eased on Mideast de-escalation. That push stalled at the 1.1555 pivot and price has since drifted back to it, now coiling just below EMA(20) with RSI(14) hovering near 48. The weekend gap below 1.1521 still sits above the lows, keeping the recovery intact while it holds 1.1528.
Support: 1.1528, 1.1500
Resistance: 1.1555, 1.1573, 1.1600
What it said to watch
Hourly close above 1.1555 pivot opens the path to 1.1573 then 1.1600
Failure to hold 1.1528 swing low risks a retest of the 1.1500 floor
US CPI at 12:30 UTC could materially shift this read
Consolidation under 1.1555 pivot after bounce from 1.1500.
After the mid-week gap toward 1.1500 two-month lows, EUR/USD clawed back to 1.15778 into the NY session before fading; price is now consolidating around 1.1546 just under the 1.1555 pivot. RSI(14) sits mid-range near 50 with price oscillating around EMA20, no clear directional momentum. The recovery tracked easing Mideast risk and a softer Dollar ahead of today's US CPI.
Support: 1.1528, 1.1500, 1.1519
Resistance: 1.1555, 1.15778, 1.1600
What it said to watch
H1 close above 1.1555 pivot opens the path to 1.15778 then 1.1600
Failure to hold 1.1528 swing low reopens 1.1500
US CPI at 12:30 UTC could materially shift this read
04:02 UTC
Recovery off the lows, momentum flat · RSI 53 · price 1.15496
Ranging above the 1.1500 base after a sharp sell-off.
EURUSD has clawed back from Monday's 1.1500 two-month low toward 1.1555 as the dollar stalled at the 100.00 DXY cap and oil eased. Since the recovery off 1.1499 price has consolidated in a 1.1528-1.1578 band with RSI(14) cycling around the midline, and demand has stepped in repeatedly near 1.1528. The week-high at 1.1578 has capped the bounce, leaving price pinned just above EMA20.
Support: 1.1528, 1.15059, 1.1500
Resistance: 1.1578, 1.1600
What it said to watch
US CPI today 12:30 UTC is the week's key catalyst and can break this 1.1528-1.1578 box
H1 close above 1.1578 opens the path back toward the 1.1600 cap
Failure to hold 1.1528 reopens the 1.1500 / 1.1499 week low
EUR/USD sold off to a two-month low near 1.1500 early this week as the post-NFP USD bid dominated, then clawed back toward the 1.1555 cap on easing Mideast risk and softer oil. Price has been carving higher lows off 1.1499 and is holding above EMA(20), with RSI(14) recovering into the mid-50s. The 1.1555 pivot — also the 38.2% retrace of the weekly drop — remains the immediate ceiling.
Support: 1.1528, 1.1500, 1.1445
Resistance: 1.1555, 1.1578, 1.1600
What it said to watch
US CPI today 12:30 UTC (~9h) is the week's key catalyst and could shift this read
H1 close above 1.1555 cap opens the path toward 1.1600
Failure to hold the 1.1528 higher low exposes the 1.1500 floor
Consolidation under week high after gap-down recovery.
After Monday's weekend gap lower near 1.15080, EUR/USD recovered through the week to a 1.15778 high before stalling; the 1.15500 round number now caps and price is grinding sideways just beneath it. RSI(14) is cycling around the mid-40s with no momentum extreme, and the 1.15284 swing low marks the base of the recent range. EUR remains a dollar story into today's US CPI, with the broader 1.1505-1.1555 band still framing the week.
Support: 1.15284, 1.1508, 1.1500
Resistance: 1.1550, 1.1566, 1.15778
What it said to watch
US CPI today 12:30 UTC could break the consolidation either way
ECB decision Thu 12:15 UTC is the week's dominant catalyst
H1 close above 1.15500 reopens the 1.15660/1.15778 area
Failure to hold 1.15284 confirms a lower-low toward the gap low
EUR/USD opened the week near 1.1606 and sold off hard through Tuesday's NY session to the 1.1500 floor as the post-NFP USD rally dominated. Price has since clawed back to 1.1578 before fading, and now sits mid-range around 1.1543, chopping under EMA(20) while holding above EMA(50). RSI(14) has stalled near neutral as the 1.1528-1.1578 band tightens ahead of Thursday's ECB.
Support: 1.15284, 1.1500
Resistance: 1.15545, 1.15778
What it said to watch
US CPI today 12:30 UTC could break the 1.1528-1.1578 consolidation
ECB decision Thursday 12:15 UTC + presser is the dominant catalyst for this read
H1 close below 1.1528 confirms a lower-low back toward the 1.1500 floor
Close above 1.1578 reopens the path toward the 1.1600 cap
02:02 UTC
Range, pullback from week high · RSI 46 · price 1.15387
Consolidation inside this-week band, 50% retrace of the rally.
EUR gapped lower into Monday's open near 1.1509 — the two-month-low/1.1500 floor — then ground higher to a week high at 1.1578 during the NY session, helped by hawkish-ECB hopes and a softer dollar. Price has since faded back to the EMA20 and is sitting on the 50% retrace of that rally around 1.1539, holding the 1.15284–1.15555 band. RSI(14) is mid-range, momentum neutral after the pullback.
Support: 1.15284, 1.15094, 1.1500
Resistance: 1.15555, 1.15778
What it said to watch
US CPI today 12:30 UTC is the immediate catalyst and could reset this read
H1 close above 1.15555 range top reopens the 1.1578 week high
Loss of 1.15284 swing low exposes weekly open 1.15094 and the 1.1500 floor
EUR/USD rallied off the 1.1500 week low into 1.1573 across the NY session before fading back to consolidate in the 1.1528-1.1555 band, leaving price just under EMA(20) but holding EMA(50). The recovery has stalled with RSI(14) cycling around the midline, framing a two-way consolidation ahead of US CPI. The earlier weekend gap lower near 1.1520 has since been absorbed.
Support: 1.1528, 1.1500
Resistance: 1.1555, 1.1573
What it said to watch
US CPI today 12:30 UTC can break this consolidation in either direction
H1 close above 1.1555 reopens the 1.1573 week high
Failure to hold 1.1528 puts the 1.1500 week low back in play
ECB decision Thursday is the week's dominant catalyst
Consolidation under EMA20 after week's selloff and bounce.
The week's dominant move was Monday's sharp selloff into the 1.1500 two-month low, after which buyers stepped in and a recovery through the NY session reclaimed 1.1578 before fading. Price is now consolidating around 1.1540, pinned just under EMA(20) with RSI(14) in the mid-40s. Demand has held the 1.1528 swing low, keeping the recovery structure intact ahead of Thursday's ECB.
Support: 1.1528, 1.1500
Resistance: 1.1548, 1.1578
What it said to watch
H1 close above 1.1578 reopens the path toward 1.1600
Loss of 1.1528 puts the 1.1500 psych low back in play
ECB decision Thu 12:15 UTC could materially shift this read
Consolidating below EMA20 after rebound from 1.1500.
EURUSD washed out to a two-month low at 1.1500 mid-window then recovered to 1.1578 into the NY session, helped by ECB tightening hopes and mild USD softness. Price has since drifted back to 1.1541, sitting below EMA20 but holding the higher-low structure off 1.1500. The 1.1555 range top has capped the bounce while demand has stepped in repeatedly near 1.1528.
Support: 1.1528, 1.1500
Resistance: 1.15555, 1.15778, 1.1600
What it said to watch
H1 close above 1.1555 reopens the path toward 1.1578 then 1.1600
Failure to hold 1.1528 exposes a retest of the 1.1500 low
US CPI today 12:30 UTC and ECB Thursday 12:15 UTC could materially shift this read
EURUSD printed a two-month low near 1.1500 mid-week before recovering into the NY session to a 1.1578 week high, helped by ECB tightening hopes and mild USD softness. Price has since faded back to 1.1534, slipping below EMA(20) with RSI(14) cooling to the low-40s as the recovery loses momentum. The 1.1500-1.1578 band frames the consolidation ahead of Wednesday's US CPI and Thursday's ECB.
Support: 1.1528, 1.1500
Resistance: 1.1555, 1.1578
What it said to watch
H1 close below 1.1528 reopens the path to the 1.1500 weekly low
Reclaim of 1.1555 needed to re-engage the 1.1578 week high
US CPI Wed 12:30 GMT and ECB Thu 12:15 GMT could materially shift this read
EUR/USD bounced off the 1.1500 two-month low and rallied to a week high at 1.15778 during the NY session, helped by ECB tightening hopes, before stalling and rolling back below EMA(20). Price now sits at 1.1534 after rejection from the highs, with the 1.15284 swing low the immediate floor and the 1.1500/1.14994 zone the deeper pivot. RSI(14) has cooled into the low 40s as the pullback extends.
Support: 1.15284, 1.1500, 1.14994
Resistance: 1.1555, 1.15778
What it said to watch
H1 close below 1.15284 confirms a lower-low and reopens 1.1500
Reclaim of 1.15550 puts the 1.15778 week high back in play
US CPI Wed 12:30 GMT could materially shift this read