EURUSD carved a double bottom near 1.1748 during early European trade and has rallied through 1.1780 into the London session, RSI(14) at 64.8 with room before stretched. Buyers have stepped in on each pullback since the 1.1748 low, with 1.1782 swing high now retested.
Support: 1.1756, 1.17483, 1.1746
Resistance: 1.1782, 1.17868
What it said to watch
M15 close above 1.1782 swing high opens path to 1.1820
Loss of 1.1756 swing low invalidates the recovery read
US CPI release Tuesday could materially shift this read
08:46 UTC
Rebound off session low, momentum picking up · RSI 67 · price 1.17754
Recovery from 1.1748 low, retesting prior range.
EURUSD bottomed twice near 1.1748 during the Asian session and has rallied 70 pips into the European open, now retesting the 1.1782 area. RSI(14) at 67 shows momentum but not yet stretched; price is back above both EMA20 and EMA50.
Support: 1.1750, 1.1746
Resistance: 1.1782, 1.1787
What it said to watch
M15 close above 1.1782 session high opens path toward 1.1787
Failure at 1.1782 with rejection would set up a lower-high against the recovery
Loss of 1.1750 invalidates the double bottom read
US CPI release Tuesday could materially shift this read
Price recovered from a session low at 1.1748 with a double bottom, grinding higher through London into early NY to retest the session high at 1.17820. RSI(14) near 68 — short-term hot but consistent with the trend leg; ATR(14) around 4.6 pips reflects subdued M15 ranges.
Support: 1.1756, 1.17498, 1.1746
Resistance: 1.1782, 1.1787
What it said to watch
M15 close above 1.17820 opens path toward the 1.17870 prior high
Rejection at 1.17820 with a break of the 1.17560 swing low invalidates the intraday recovery
US CPI Tuesday is the key event risk that could reshape this read
08:16 UTC
Recovery from session low · RSI 68 · price 1.17774
Higher lows off 1.1748, retesting prior supply.
Price carved a double bottom around 1.1748–1.1750 during the Asia-London transition and has rallied steadily through the session, now retesting the prior swing high at 1.1778. RSI(14) is pushing 68 but not yet extended; ATR sits near 5 pips, typical for the European morning.
Support: 1.17541, 1.17483, 1.1746
Resistance: 1.17783, 1.17875
What it said to watch
M15 close above 1.1778 opens the path to the 1.1787 prior high
Rejection at session high and loss of 1.1754 swing low would re-engage the 1.1748 base
US CPI on Tuesday is the binary event risk that could overrule this structural read
08:01 UTC
Recovering from session low · RSI 67 · price 1.17718
Intraday range, mid-recovery.
Early Asian session staged a clean recovery off the 1.17483 low, with a double-bottom base around 1.17500 giving way to a push through 1.17670 into the 1.17744 session high. Price now consolidating just under that high, RSI(14) at 67 — extended but not stretched.
Support: 1.17483, 1.1756
Resistance: 1.17744, 1.17875
What it said to watch
M15 close above 1.17744 session high opens path to 1.17875 fri high
Loss of 1.17560 swing low reopens 1.17483 session low
European session opened soft and tagged 1.1748 before buyers stepped in, producing a clean recovery to 1.1771 with RSI(14) lifting to 65. The structure shows higher lows off the session low, but price is now into the 1.1770 micro pivot area where Friday's slide began.
Support: 1.1748, 1.1770, 1.1715
Resistance: 1.1772, 1.1787, 1.1820
What it said to watch
M15 close above 1.1787 swing high opens path back toward 1.1820
Failure to hold 1.1748 session low reopens 1.1715 prior low
Mideast / Hormuz headline risk could override structural read
07:31 UTC
Recovering from session low, momentum building · RSI 65 · price 1.17704
Intraday range reclaim after early-Europe dip.
M15 carved a rounded bottom into 1.1748 during the early-London hours, then rallied through prior pivots to retake 1.1770 with RSI(14) pushing into the mid-60s. Price now sits just under the session high at 1.1774 — area to watch for rejection or break, with 1.1725-50 option expiries flagged at the NY cut adding magnet potential.
Support: 1.17483, 1.17541, 1.1746
Resistance: 1.17744, 1.1778
What it said to watch
A clean break and hold above 1.1774 session high opens path to 1.1780 expiry cluster
Failure at 1.1774 and loss of 1.1754 minor pivot reopens 1.1748 session low
Middle East / US-Iran headline risk remains the dominant intraday driver
Weekend gap-down to 1.1746 was bought through the Asian session, with a double bottom around 1.1748–1.1750 holding into European hours. Price is grinding back toward the session high at 1.1718–1.1772, RSI(14) at 64 with no divergence yet.
Support: 1.17541, 1.17483, 1.1746
Resistance: 1.17718, 1.17783, 1.17868
What it said to watch
Reclaim of 1.17783 prior high reopens the Friday range top at 1.17868
Loss of 1.17541 swing low exposes the 1.17483 session low and the gap open
US-Iran headline risk remains the dominant intraday driver
07:01 UTC
Recovering from gap-down lows · RSI 64 · price 1.17667
Intraday higher lows off 1.1748.
EURUSD opened with a weekend gap-down near 1.1748 on Middle East risk-off flows, then carved out a double bottom at the session low around 1.1748–1.1750 before grinding back through 1.1760. London hours are now pushing into the 1.1768 swing high with RSI(14) at 64; the unfilled gap edge near 1.1778 remains overhead.
Support: 1.17541, 1.17483, 1.1746
Resistance: 1.1771, 1.1778
What it said to watch
Reclaim of 1.1778 gap edge would expose the prior high at 1.1788
Loss of 1.1754 swing low reopens the session low at 1.1748
US-Iran headline flow remains the dominant driver and can override structure
EURUSD opened with a weekend gap down on Middle East risk-off flows, sliding from Friday's 1.1787 close to print a session low at 1.17483 before bouncing into early European hours. Price now stabilises around 1.1761 with RSI(14) near 47, sitting between the session low and the Asia high at 1.17718.
Support: 1.17483, 1.17451
Resistance: 1.17718, 1.17875
What it said to watch
Break of 1.17451 asia low extends the gap-down move
Reclaim of 1.17718 asia high closes the weekend gap
Headline risk from US-Iran developments could override structure
Lower highs from Friday peak, current bounce off 1.1748.
EURUSD opened with a gap down from Friday's 1.1787 close, ran up to 1.1766 in Asia then drifted lower into early European hours with a session low at 1.1748. Current bounce is modest with RSI(14) recovering from oversold near 30; price still capped below the Asia high at 1.1769.
Support: 1.17483, 1.17451
Resistance: 1.17692, 1.17875
What it said to watch
M15 close back above 1.1769 asia high would neutralise the intraday downtrend
Break of 1.1748 session low extends the leg and exposes the gap fill at 1.1745
Middle East / US-Iran headlines remain the dominant USD driver, can override structure
Lower highs after gap-down, ranging 1.1750-1.1770.
EURUSD opened with a weekend gap-down to 1.1746 on risk aversion from US-Iran headlines, bounced to 1.1771 then rolled over into a chain of lower highs through the Asian session. Price now testing the session low at 1.1748 with RSI cooling sub-40; 1.1725-50 option expiries at the 10am NY cut may anchor the area.
Support: 1.17483, 1.1746
Resistance: 1.1771
What it said to watch
M15 close below 1.1748 opens the gap low at 1.17460
Reclaim of 1.1771 bounce high needed to neutralise the lower-highs sequence
10am NY option expiries at 1.1725-50 could pin price into European morning
06:01 UTC
Intraday downtrend off session high · RSI 32 · price 1.17516
Lower highs after rejection at 1.1771.
EURUSD opened the new week with a gap down then rallied into 1.1771 during Asia before sellers faded the move on US-Iran risk-off headlines. Price has bled lower through London open in a clean stair-step of lower highs, now probing the 1.1748 session low with RSI(14) at 32.
Support: 1.17483, 1.1746
Resistance: 1.1771
What it said to watch
Break of 1.17483 session low extends the downtrend toward 1.17460 gap fill
M15 close back above 1.17710 asia high invalidates the lower-highs read
1.1725-1.1750 NY-cut option expiries may pin price in European hours
05:46 UTC
Downtrend resuming after early-Asia pop · RSI 32 · price 1.17513
Lower highs from 1.1768 session high, breaking back into prior range.
Early Asia gapped up and ran to 1.1766 session high before sellers faded the move; price has since rolled over through both EMAs and is pressing the 1.1750 session low as risk-off and a firmer dollar weigh on EUR. RSI(14) at 32 is approaching oversold but no reversal signal yet — structure is a clean chain of lower highs.
Support: 1.17498, 1.1746
Resistance: 1.17666
What it said to watch
Loss of 1.1750 session low opens path toward 1.1746 prior low
Reclaim of 1.17666 session high would invalidate the lower-high read
US-Iran headline risk and 10am NY option expiries at 1.1725-50 could distort price action
05:31 UTC
Downtrend after intraday rejection · RSI 31 · price 1.17516
Lower highs since 1.1771 peak, breaking session lows.
EURUSD opened the week with a gap lower and built a brief bounce into 1.1771 during the Asia-London transition before sellers stepped in, dragging price into a fresh session low at 1.1750. The grind lower is steady with RSI(14) at 31 — extended but not yet capitulating — and price sits below both EMA20 and EMA50 after USD strength on renewed US-Iran tension headlines.
Price rolled over from the 1.17718 session high after a spike, grinding lower through London hours and breaking the prior low at 1.17460 area before stabilising near 1.17535. RSI(14) at 32 reflects the bleed but isn't yet extended; DXY firmness on Iran headlines is weighing on EUR.
Support: 1.17498, 1.1746, 1.1745
Resistance: 1.1759, 1.1766, 1.17718
What it said to watch
M15 close below 1.17498 session low extends the downtrend
Reclaim of 1.17590 broken support neutralises the lower-high sequence
ECB de Guindos commentary and NY session open could shift tone
05:01 UTC
Intraday pullback after rally · RSI 31 · price 1.17505
Lower highs forming off 1.1771 swing.
EURUSD opened the week with a gap lower from Friday's 1.1786 close, rallied to 1.1771 in early Asia then faded steadily through the session, posting lower highs into 1.17505. RSI(14) at 31 shows momentum stretched but no divergence yet; price now testing the session low at 1.1750.
Support: 1.17498, 1.1746
Resistance: 1.1771, 1.17666
What it said to watch
M15 close below 1.1750 opens path toward the 1.1746 gap fill
Reclaim of 1.1766 asia high would neutralise the lower-high sequence
Thin Asia liquidity — moves can extend before London arrives
Lower highs from 1.1771, breakdown through 1.1755 support.
Asia session opened with a spike to 1.1766 before sellers faded the move; price has carved out a steady chain of lower highs and just broke the 1.1755 minor pivot into a fresh session low at 1.1752. DXY firmer on Trump's rejection of the Iran proposal is the macro backdrop, and RSI(14) is pressing 30 — stretched but not yet extreme on M15.
Support: 1.17516, 1.1746
Resistance: 1.17585
What it said to watch
Reclaim of 1.17585 minor pivot would neutralise the lower-high sequence
Break and hold below 1.17460 prior low extends the downtrend
Thin Asia liquidity — moves prone to overshoot until London opens
EURUSD reopened with a gap higher to 1.1766 session high before sellers faded the move through Asia, dragging price into a fresh session low at 1.1754. RSI(14) at 31 with ATR compressed to ~4 pips reflects a slow grind lower rather than a flush; USD remains firm on Iran headlines per recent commentary.
Support: 1.1754, 1.1746
What it said to watch
Break of 1.1754 session low extends the downtrend toward 1.1746 prior low
Reclaim of 1.1766 session high neutralises the lower-high structure
ECB de Guindos commentary on inflation/Iran could shift EUR tone
04:16 UTC
Intraday pullback off session high · RSI 33 · price 1.17552
Lower highs forming after rejection at 1.1766.
Price opened with an up-gap from Friday's close into 1.1766, rejected, and has bled lower through the Asian session with a clean chain of lower highs. RSI(14) at 32.8 is approaching oversold but not extended; sellers stepped in repeatedly around 1.1770 while 1.1754 has just given way on the latest push.
Support: 1.17541, 1.1746
Resistance: 1.17666, 1.17718
What it said to watch
Reclaim of 1.17666 session high invalidates the lower-high read
Break of 1.17460 gap low opens room toward Friday's lows
DXY firm on Iran headlines — risk-off bid in USD could extend the drift
Price gapped higher into the Asia open near 1.1766 then faded steadily through the session, now grinding into the 1.1756 session low with RSI(14) at 33. Sellers have stamped a clean series of lower highs off 1.1771, and price is trading below both EMA20 and EMA50.
Support: 1.1756, 1.17491, 1.1746
Resistance: 1.1771, 1.17666, 1.17692
What it said to watch
M15 close below 1.1756 session low extends the downside leg toward the 1.1746 gap low
Reclaim of 1.1771 mid-range invalidates the lower-high sequence
Headline risk from Iran/Trump tensions could spike DXY and pressure EUR further
Asia session opened with a pop to 1.17718 then faded steadily back through the early Monday hours, with sellers stepping in on each retest of 1.17700. Price now sits at 1.17583 just above the session low at 1.17565, RSI(14) at 36 reflecting the drift lower without yet reaching oversold.
Support: 1.17565, 1.1746
Resistance: 1.17718
What it said to watch
Loss of 1.17565 session low opens room toward 1.17460 asia low
Reclaim of 1.17718 swing high needed to negate the pullback read
03:31 UTC
Intraday pullback after rally · RSI 36 · price 1.17569
Lower highs forming off 1.1771 session high.
EURUSD opened the week with a gap up into 1.1766 then faded through Asian hours, printing a sequence of lower highs from 1.1771 down to current 1.1757. Price now sits on the session low at 1.17565 with RSI(14) at 36 — soft but not yet stretched, and ATR(14) around 4 pips reflecting thin Asian conditions.
Support: 1.17565, 1.1746
Resistance: 1.1771
What it said to watch
Break of session low at 1.17565 opens room to the Asian low at 1.17460
Reclaim of 1.17710 swing high would invalidate the lower-highs read
Lower high vs prior session, rolling over from 1.1770.
Week opened with a downside gap from Friday's 1.1787 close into 1.1747, then NY/Asia handover bid it back to 1.1772 before sellers capped at the session high. Price has since rolled over to 1.1758, sitting under EMA20/50 with RSI(14) at 38 — drifting back toward the session low rather than extending the recovery.
Support: 1.17568, 1.1746
Resistance: 1.17718, 1.17666, 1.17875
What it said to watch
Break of 1.17568 session low opens path to 1.17460 gap low
Reclaim of 1.17718 session high needed to neutralise the lower high
Trump China visit (May 13–15) headlines could inject USD volatility
03:01 UTC
Pullback within intraday uptrend · RSI 38 · price 1.17584
Lower-high forming after 1.1771 retest.
Asia session reclaimed the 1.1746–1.1666 gap and pushed to 1.1771 before stalling; price has since drifted lower into 1.1758 with a clean lower high at 1.1771. RSI(14) at 38 reflects the cooling, ATR ~4 pips signals the typical Asia compression.
Support: 1.1757, 1.1746
Resistance: 1.1771, 1.1778
What it said to watch
M15 close below the 1.1757 session low opens room back toward the 1.1746 asia low
Reclaim of 1.1771 lower high would re-engage the prior 1.1778 session high
Trump China visit headlines (13-15 May) and thin Asia liquidity could distort the read
02:46 UTC
Consolidation after pullback · RSI 38 · price 1.1761
Range-bound near 1.1760-1.1770.
Price gapped lower into the new week and recovered into 1.1771 during Asia before stalling; last few bars are drifting back to session lows at 1.1610. RSI(14) cooling near 38, EMAs rolling over after the rebound failed at the prior high near 1.1787.
Support: 1.1761, 1.1746
Resistance: 1.1771, 1.1787
What it said to watch
Break below 1.1761 session low opens path to 1.1746 asia low
Reclaim of 1.1771 intraday high needed to neutralise the fade
Trump China visit headlines (May 13-15) could shift USD risk tone
Asia session opened with a gap lower from Friday's 1.1786 close to 1.1746, then bid back to 1.1771 before stalling. Sellers stepped in twice at 1.1718 session high, with price now drifting back toward the 1.1763 mid-range as RSI(14) cools through 52.
Support: 1.17615, 1.1746
Resistance: 1.17718, 1.17785
What it said to watch
Close above 1.1718 session high opens path to the 1.1785 gap fill
Break of 1.1763 mid-range exposes 1.1746 gap low
Thin Asia liquidity — ATR only 3.7 pips, expect expansion into London open
Asia session gapped lower to 1.1746 on weekend Iran-headline risk-off, then recovered sharply to 1.1772 before fading. Price now drifting between 1.1762 and 1.1772 with RSI mid-range — no momentum either way after the recovery leg stalled at the session high.
Support: 1.17615, 1.1746
Resistance: 1.17718, 1.17666
What it said to watch
Break of 1.17615 swing low reopens the 1.1746 asia low
Close above 1.17718 session high extends the recovery
Iran-related headlines remain the dominant intraday driver
EURUSD opened the Asia session with a weekend gap-down on Iran/Trump headlines, then ground higher to retest 1.17718 before sellers stepped in. Price now drifting back toward the session low at 1.17615 with RSI flat around 52 — no directional commitment so far in Asia hours.
Support: 1.17615, 1.1753, 1.1746
Resistance: 1.17718, 1.17875
What it said to watch
Loss of 1.17615 session low opens the gap fill edge at 1.1753
Reclaim of 1.17718 session high reopens path to Friday's 1.17875 high
Geopolitical headline risk on Iran/Strait of Hormuz can override structure
Asia opened with a risk-off gap lower to 1.1746 after Trump rejected Iran's peace proposal, then ground higher through the session to tag 1.1718 before stalling. Last two bars rolled over from that session high; price now consolidating mid-range around 1.1765.
Support: 1.17605, 1.1746
Resistance: 1.17718
What it said to watch
Loss of 1.17605 session low reopens the gap low at 1.17460
Reclaim of 1.17718 session high needed to extend the recovery
Headline risk around Iran / Strait of Hormuz remains the dominant driver
Higher high posted Friday, weekend gap down then recovery.
Asia open gapped lower to 1.1746 versus Friday's 1.1787 close on Iran-related risk-off, then ground back up to 1.1770 in a tight stairstep recovery. Currently coiling under the session high at 1.17720, RSI(14) near 60 with ATR around 5 pips — quiet drift, no setup in play.
Support: 1.1746, 1.1757, 1.1735
Resistance: 1.1772, 1.1778, 1.17875
What it said to watch
Reclaim above 1.17780 swing high would close the weekend gap and restore the Friday uptrend read
Loss of 1.17570 session low reopens the gap open low at 1.17460
Headline risk around Iran / Strait of Hormuz remains the dominant driver this session
01:16 UTC
Recovery off weekend gap low · RSI 62 · price 1.17678
Higher lows since Asia open, grinding into prior range.
EURUSD opened Asia with a risk-off gap down to 1.1746 on Trump-Iran headlines, then ground higher through the Asia session into 1.1771. Price is consolidating just under the micro top at 1.1771 with RSI(14) at 62 and a chain of higher lows from 1.1753.
Support: 1.1764, 1.1753, 1.1746
Resistance: 1.1771, 1.1778
What it said to watch
Reclaim of Friday's close at 1.1778 would close the weekend gap
Loss of intraday HL at 1.1764 would break the Asia uptrend
Fresh Iran/Hormuz headlines could re-open the gap low at 1.1746
01:01 UTC
Recovery from gap-down low · RSI 64 · price 1.17695
Higher highs and higher lows off 1.1746.
Weekend gap lower on Iran headlines printed a low at 1.1746 before Asia bid it back through 1.1770. Price has been grinding up in a tight channel into the late Asia session, RSI(14) around 64 with no extreme reading, ATR thin at ~4 pips per bar.
Support: 1.17655, 1.1757, 1.1746
Resistance: 1.1771, 1.1778
What it said to watch
Loss of 1.17655 micro pivot would break the recovery channel
Acceptance above 1.17780 pre-gap area would close the weekend gap
Fresh Iran/Strait of Hormuz headlines could reopen the gap low at 1.17460
00:46 UTC
Uptrend pausing after weekend gap down · RSI 64 · price 1.17691
Higher low forming after gap, recovering toward Friday range.
EURUSD opened the week with a risk-off gap down to 1.1746 on Trump's rejection of Iran's peace proposal, then recovered steadily through the Asia session to 1.1769. Price is grinding higher in a tight 20-pip band below the 1.1771 session high, RSI mid-60s with no exhaustion signal yet.
Support: 1.1746, 1.1757
Resistance: 1.1771, 1.1782
What it said to watch
Loss of 1.1757 session low reopens the gap low at 1.1746
Close above 1.1771 session high targets fill toward Friday's 1.1782–1.1788 zone
London open in ~6h likely sets next directional leg
Higher highs into 1.1787, pullback holding above 1.1746.
Asia session opened with a downside gap toward 1.1746 on Trump-Iran headlines, then recovered sharply to print a session high at 1.1787. Price now consolidating just under 1.1771 with RSI(14) at 62, momentum cooling after the gap-fill leg.
Support: 1.1763, 1.1746, 1.1727
Resistance: 1.1771, 1.1779, 1.1787
What it said to watch
Close back above 1.1779 reopens the session high at 1.1787
Loss of 1.1763 intraday pivot exposes the 1.1746 session low
Middle East headline risk remains the dominant driver this session
EURUSD opened the Asia session with a risk-off gap down to 1.1746 on the Iran headlines, then steadily reclaimed ground in a tight stair-step back toward Friday's close. Price is now stalling under the session high at 1.1771 with RSI cooling from the mid-60s; ATR is thin at ~4 pips, typical for early Asia.
Support: 1.17611, 1.1746
Resistance: 1.1771, 1.17868
What it said to watch
Reclaim of 1.1771 session high opens the path back to 1.17868 Fri high
Loss of 1.17611 session low reopens the 1.1746 gap low
Weekend gap down, retraced into prior Friday range.
EURUSD gapped lower into the Asia open on Iran-Trump risk-off headlines, printing 1.1746 before buyers stepped in and lifted price back to 1.1768. Now grinding sideways just under session high at 1.1690 with RSI cooling near 68 — gap-fill toward 1.1787 remains incomplete.
Support: 1.1760, 1.1746, 1.1729
Resistance: 1.1769, 1.1778, 1.17875
What it said to watch
M15 close above 1.17690 session high opens path toward 1.17780 Friday high zone
Loss of 1.17600 gap fill base risks retest of 1.17460 Asia low
China CPI print due in Asia hours could shift risk tone