EUR/USD AI Live Scan, 1-hour chart, Monday, 11 May 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.
09:01 UTC
Uptrend, pullback held · RSI 58 · price 1.17717
Higher highs, higher lows since Monday.
EURUSD has carved out a clear uptrend across the week, with the dominant impulse running through Wednesday's NY session from 1.1730 into 1.1796. The Friday pullback bottomed at 1.1722 before NY hours absorbed and rebuilt to 1.1787, and the open this week is now retesting that area with RSI cycling back to the high-50s above both EMAs. Price is holding above the EMA(20) cluster around 1.1748, with the prior-week high at 1.1797 the immediate cap.
Support: 1.1748, 1.1733, 1.1722
Resistance: 1.1788, 1.17965
What it said to watch
H1 close above 1.1797 extends the week's uptrend toward fresh highs
Loss of 1.1733 fri swing low breaks the higher-low sequence
US CPI Tuesday could materially shift this read
Iran headline risk over the weekend gap already partially priced
Higher highs into 1.1787, deep pullback held above 1.1745.
EURUSD pushed from the 1.1688 weekly open up to 1.1797 by Friday's NY session, then faded back to 1.1745 before stabilising. Monday's Asia/early-London bars have reclaimed above EMA20 with RSI cycling around 50, leaving price mid-range between Friday's high at 1.1787 and the pullback low at 1.1745.
Support: 1.1745, 1.1733, 1.1722
Resistance: 1.1779, 1.17875, 1.17965
What it said to watch
H1 close above 1.1787 reopens path to the 1.1875 prior spike high
Loss of 1.1745 pullback low exposes the 1.1733 swing low and week low at 1.1722
Trump-Xi summit headlines later this week could shift the USD tone
Rally from 1.1685 capped at 1.1796, weekend gap lower into 1.1750 range.
Price climbed steadily from 1.1685 through the week, peaking at 1.1796 in NY session Thursday before a weekend gap lower opened today's session near 1.17589. The Asia session has drifted to 1.17511, slipping below both EMA(20) and EMA(50) on H1 as Middle East risk aversion supports USD. RSI(14) at 38 reflects the pullback but hasn't reached oversold.
Support: 1.1745, 1.17226, 1.1700
Resistance: 1.17665
What it said to watch
Hourly close back above 1.17665 fills the gap and reopens the week high
Loss of 1.17450 gap low exposes the 1.17226 prior swing low
ECB Kocher hawkish comments and ongoing US-Iran headlines remain the dominant driver this session
EURUSD climbed steadily from 1.1685 at Monday's open to a 1.1796 week high during Thursday's NY session, then opened this week with a gap lower to 1.1745 on USD strength tied to renewed US-Iran risk aversion. Price has slipped below both EMA20 and EMA50 on H1 with RSI rolling over to 42, marking the first clean lower-high/lower-low sequence of the week. The 1.1745 gap low is the immediate pivot; below it, 1.1722 swing low comes back into focus.
Support: 1.17451, 1.17226, 1.17054
Resistance: 1.17668
What it said to watch
Hourly close back above 1.1767 intraday cap would neutralise the pullback
Break of 1.1745 gap low opens the path to 1.1722 swing low
ECB commentary (de Guindos, Kocher) flagging stagflation risk could keep EUR offered
1.1725-50 NY cut option expiries may anchor European morning range
EURUSD trended higher since the week open near 1.1705, printing a week high at 1.17965 before stalling. The latest NY session saw a clean rejection from 1.1787 back through EMA20, with RSI rolling from overbought into the mid-40s — a bearish divergence relative to the second push. Pullback is currently parked at 1.1756 just above session low 1.17450.
Reclaim of 1.17700 prior pivot would put the week high back in play
ECB de Guindos commentary and Iran headlines could inject volatility outside of structure
04:01 UTC
Uptrend cooling, near range top · RSI 51 · price 1.17578
Higher highs into 1.1796, pullback holding above prior breakout.
EURUSD has trended higher since Monday's open, posting the week high at 1.17875 in Friday's NY session before pulling back. Price now sits mid-range around 1.1758, capped by the 1.1779-1.1796 supply band and holding above the prior breakout shelf near 1.1745. RSI has cooled to neutral with a mild bearish divergence on the latest high, suggesting momentum behind the advance is fading.
Support: 1.1745, 1.17226, 1.1700
Resistance: 1.1779, 1.17875
What it said to watch
H1 close above 1.17875 reopens the path toward fresh week highs
Loss of 1.17450 session low exposes the 1.17226 week low
USD strength on Iran headlines and firmer DXY (~98.10) could pressure the range
Sustained move back above EMA20 needed to re-engage the uptrend
Higher highs and higher lows, pullback in progress.
EURUSD has climbed steadily since Monday's open near 1.1683, with the week high at 1.1797 printed during late NY hours Thursday. Price gapped slightly lower on the Asia open and is now retesting the 1.1760 area with RSI cycling around the mid-50s, holding above EMA(20) and EMA(50). The pullback into 1.1745 found buyers and the structure of higher highs and higher lows remains intact.
Support: 1.17451, 1.17226, 1.16918
Resistance: 1.17875, 1.17965
What it said to watch
Hourly close below 1.17451 session low would break the near-term higher-low sequence
Reclaim of 1.17875 week high would extend the uptrend
Loss of 1.17226 swing low invalidates the H1 uptrend read
EURUSD has trended higher through last week from sub-1.1690 to a week high at 1.1787, with the dominant impulse coming during Wednesday's NY session. The pullback into Friday's NY close held the 1.1745 area and the Monday Asia reopen has reclaimed above EMA(20), printing into 1.1770. RSI sits in the upper half of its weekly range and price is consolidating just below the 1.1787 swing high.
Support: 1.1745, 1.1722, 1.1700
Resistance: 1.1787, 1.17965, 1.1800
What it said to watch
Hourly close above 1.1787 week high opens path toward 1.1800 round number
Loss of 1.1745 weekend low would break the higher-low sequence
Risk-off tone from Iran/Trump headlines and China CPI beat could re-pressure EUR into London open
01:01 UTC
Uptrend stalled, weekend gap down · RSI 56 · price 1.17662
Higher highs into Friday, gap-down open Monday.
Price ran from 1.1680 on Wednesday to a 1.1796 week high into Friday's NY close, but Monday's Asia open gapped lower to 1.1745 on Iran headlines before recovering toward the pre-gap close. RSI(14) is back to 56 after stretching into the high 60s on Thursday's impulse, leaving a mild bearish divergence against last week's highs. Price still sits above EMA(20) and EMA(50) on H1, so the uptrend structure from Wednesday is intact for now.
Support: 1.1745, 1.1722, 1.1700
Resistance: 1.1779, 1.17875
What it said to watch
Hourly close back above 1.1779 pre-gap close fills the weekend gap and restores last week's trend
Failure to hold 1.1745 gap low exposes 1.1722 Thursday swing low
Further Iran/Hormuz escalation headlines could drive a fresh USD bid and invalidate the recovery
Higher highs into Friday, Monday open gap fills partially.
Price climbed steadily through last week from 1.1685 to a 1.1796 Friday high, with pullbacks holding the rising H1 EMA(20). Risk-off weekend headlines around Iran drove a Monday open gap lower to 1.1745, and early Asia is partially closing it back toward 1.1764. RSI(14) has cooled to neutral after the Friday push, and price sits just below both EMAs for the first time since mid-week.
Support: 1.17451, 1.17226, 1.16918
Resistance: 1.17783, 1.17875, 1.17965
What it said to watch
Reclaim of 1.17783 Fri NY high would put the week-high 1.17965 back in play
H1 close below 1.17451 Mon gap low opens path to 1.17226 Thu swing low
Further Iran/Strait of Hormuz headlines could materially shift this read