EUR/USD AI Live Scan, 4-hour chart, Thursday, 11 June 2026

Every read JAFX AI made on the EUR/USD 4-hour chart that day, newest first: trend, structure, the levels it marked and what it said to watch.

21:01 UTC

Downtrend, momentum turning up · RSI 54 · price 1.15802

Double-bottom bounce off range floor.

EURUSD has been grinding lower since the early-Feb breakdown that drove price from 1.1644 into the 1.1500 area, with subsequent action pinned in a 1.1500-1.1565 range as soft eurozone data offset a firm dollar. The latest bar is a sharp recovery off a double bottom at the 1.1500 April trough, reclaiming the 1.1565 range cap and stretching to 1.1590. ATR has expanded on the move, so the prior compression is resolving higher for now.

Support: 1.1565, 1.1500, 1.1499

Resistance: 1.1590, 1.1640

What it said to watch

  • H4 close back below 1.1565 reopens the prior range
  • Sustained move above 1.1640 challenges the broader downtrend
  • Failure to hold 1.1500 confirms a fresh lower-low
  • Fri HICP and Michigan sentiment could reshape this read

21:01 UTC

Downtrend, bouncing off support · RSI 54 · price 1.15802

Lower highs since early month, holding 1.1500 floor.

Downtrend intact since the sharp slide off 1.1644 that followed firm US inflation data and USD strength, but price has repeatedly found demand at the 1.1500 April trough. The final bar staged a strong recovery from 1.1503 to 1.1580, lifting back toward the 1.1565/75 cap and pressing against the EMA50. Structure stays bearish below 1.1575 while the 1.1500 floor holds.

Support: 1.1500, 1.1499

Resistance: 1.1575, 1.1590, 1.1600

What it said to watch

  • H4 close above 1.1575 cap opens path back toward the EMA50 near 1.1600
  • Failure to hold the 1.1500 april trough confirms a lower-low toward 1.1400
  • Eurozone final HICP and ECB Nagel (Fri) could shift this read

17:01 UTC

Downtrend, consolidating near lows · RSI 43 · price 1.15151

Lower highs, basing above 1.1500.

EURUSD broke sharply below the 1.1600 shelf and the 1.1565 cap, then settled into a tight consolidation just above the 1.1500 April trough — EUR pinned at two-month lows after a fully-priced ECB hike met hot US PPI. Price sits below both EMA20 and EMA50 with ATR(14) compressing around 27 pips, a coil pressing on support. Successive lower highs have capped every bounce since the drop.

Support: 1.1500, 1.15059

Resistance: 1.1565, 1.15778

What it said to watch

  • H4 close below 1.1500 confirms a lower low and opens 1.1400
  • Reclaim of the 1.1565 cap would neutralise the downside pressure
  • German final HICP Fri 06:00 UTC and next week's FOMC could shift this read

17:01 UTC

Downtrend, consolidating at lows · RSI 43 · price 1.15151

Lower highs into a range near two-month lows.

EURUSD is pinned at two-month lows after the sharp early-month break from 1.1645 down through 1.1500, with price now grinding sideways between the 1.1575 range high and the April trough at 1.1500. The slide tracked widening US-EU policy divergence — hot US PPI and a fully-priced ECB hike leaving little EUR upside fuel. Price holds below both EMA20 and EMA50, keeping the broader downtrend intact while the range compresses just above support.

Support: 1.1500, 1.15059

Resistance: 1.1575, 1.1645

What it said to watch

  • H4 close below 1.1500 confirms a lower-low and opens the path toward 1.1400
  • Close above 1.1575 range high invalidates the consolidation read
  • German final HICP Fri 06:00 UTC could shift the EUR leg of this read

13:01 UTC

Downtrend, consolidating near lows · RSI 43 · price 1.15237

Lower highs into 1.1500 floor, ranging.

EUR/USD remains in a downtrend, pinned near two-month lows after the steep early-month drop that snapped support and dragged price from 1.1644 to the 1.1500 region. Since then the pair has consolidated in a 1.1500-1.1575 band with price trading below both EMA20 and EMA50; the in-line ECB hike to 2.25% gave no fresh lift. Demand has stepped in repeatedly just above the April trough at 1.1500 while supply caps rallies under 1.1575.

Support: 1.1500, 1.1499, 1.1445

Resistance: 1.1575, 1.1585, 1.1644

What it said to watch

  • Clean H4 close below 1.1500 confirms lower-low and opens 1.1445
  • Close above 1.1585 negates the downside read
  • ECB press conference and US PPI/claims could materially shift this read in the next bars

13:01 UTC

Downtrend, consolidating at lows · RSI 42 · price 1.15237

Lower highs, holding above 1.1500.

EURUSD remains in a downtrend after the sharp slide from 1.1640 broke the multi-week range and dumped to 1.1518, with EUR pinned near two-month lows as the ECB delivered a fully-priced 25bp hike. Price has since coiled in a tight 1.1500-1.1575 band, with EMA20 below EMA50 keeping the structure bearish. Demand stepping in repeatedly around the 1.1500 April trough has so far capped the decline.

Support: 1.1520, 1.1500, 1.1445

Resistance: 1.1585

What it said to watch

  • H4 close below 1.1500 confirms a lower-low and opens 1.1445
  • Close above 1.1585 negates the bearish structure
  • ECB press conference and US PPI/claims could materially shift this read in the next bar

10:23 UTC

Downtrend, momentum stalling · RSI 46 · price 1.15327

Consolidation near lows after breakdown.

Price broke down sharply in early February from the 1.1640 area to a 1.1499 low, then stabilised into a tight 1.1525-1.1575 range. ATR(14) has compressed hard since the drop and price sits below both the EMA20 and EMA50, keeping the broader read heavy. The 1.1500 psych floor has absorbed two tests while supply caps repeatedly into 1.1575.

Support: 1.1525, 1.1500, 1.1499

Resistance: 1.15585, 1.1575, 1.1585

What it said to watch

  • ECB decision 12:15 GMT and Lagarde 12:45 GMT could materially shift this read
  • US PPI at 12:30 UTC is a near-term catalyst for the range
  • H4 close below 1.1500 confirms a lower-low and extends the downtrend
  • H4 close above 1.1585 negates the downside range read

10:23 UTC

Downtrend, stalling into range · RSI 44 · price 1.15327

Consolidation above 1.1500 after impulsive selloff.

Price rolled over through 1.1645 in an impulsive selloff that bottomed at 1.14994, and has since coiled in a tight 1.1500-1.1575 range near two-month lows. EUR is pinned below EMA20/EMA50 ahead of the ECB decision, with the 25bp hike to 2.25% fully priced and Lagarde's tone the catalyst. ATR has eased off the selloff spike as the range tightens above the 1.1500 floor.

Support: 1.1520, 1.1500, 1.1445

Resistance: 1.1575, 1.1585, 1.1645

What it said to watch

  • ECB decision 12:15 GMT and Lagarde 12:45 GMT could materially shift this read
  • Break of 1.1500 floor opens 1.1445
  • H4 close above 1.1585 negates the downside read

09:01 UTC

Downtrend, consolidating at lows · RSI 46 · price 1.15312

Range above two-month lows after impulse drop.

EURUSD rolled over from the 1.1700 area through the window and gapped lower on the sharp early-week drop, bottoming at 1.1499 before stabilising. Price now consolidates in a 1.1505-1.1575 band just above two-month lows, capped under the EMA20 with both EMAs sloping down. ECB risk dominates the next bars — the move hinges on whether Lagarde signals further tightening or a pause.

Support: 1.1517, 1.1500, 1.1445

Resistance: 1.1543, 1.1575

What it said to watch

  • ECB decision 12:15 GMT + Lagarde 12:45 GMT is the dominant catalyst for this band
  • US PPI 12:30 GMT could shift the USD leg simultaneously
  • H4 close below 1.1500 confirms continuation toward the 1.1445 target
  • Reclaim of 1.1575 ex-support cap would neutralise the lower-high structure

09:01 UTC

Downtrend, consolidating near lows · RSI 45 · price 1.15312

Range-bound below broken support.

Price broke the multi-week 1.1600 range with a sharp impulse drop on Feb 6, pulling EURUSD down to two-month lows near 1.1500 and rolling the H4 EMA20/EMA50 lower. Since then trade has stalled into a tight 1.1525-1.1575 consolidation band, with the 1.1575 ex-support now capping and demand stepping in around 1.1500-1.1505. ATR has cooled from the breakout spike into compression as the market waits on today's ECB decision.

Support: 1.1505, 1.1522, 1.1445

Resistance: 1.1575, 1.1600

What it said to watch

  • ECB decision 12:15 GMT + Lagarde 12:45 GMT is the dominant catalyst — a dovish hike risks a break of 1.1505 toward 1.1445
  • H4 close above 1.1575 invalidates the consolidation-below-resistance read and opens 1.1600
  • US PPI at 12:30 UTC could amplify the move via the USD leg
  • Failure to hold 1.1505 confirms continuation of the broken-range downtrend

07:11 UTC

Downtrend, consolidating near lows · RSI 45 · price 1.15439

Range above 1.1500 after impulsive drop.

Sequence of lower highs from 1.1721 capped the window, with an impulsive H4 drop on 5 Jun puncturing 1.1600 and bottoming at the 1.1500 two-month low. Price has since gone sideways in a 1.1500-1.1575 band, and ATR(14) has compressed sharply, consistent with pre-ECB caution. Price trades below both EMA20 and EMA50, keeping the broader bearish structure intact.

Support: 1.1522, 1.1500, 1.1445

Resistance: 1.1575, 1.1600

What it said to watch

  • ECB decision 12:15 GMT + Lagarde 12:45 GMT could materially shift this read
  • H4 close below 1.1500 confirms a lower-low and opens the 1.1445 downside target
  • H4 close above the 1.1575 range cap invalidates the consolidation read

07:11 UTC

Downtrend, consolidating near lows · RSI 44 · price 1.15439

Lower highs into a tight range above two-month lows.

EUR/USD broke down sharply to two-month lows near 1.1506 as a firmer USD on sticky 4.2% CPI capped the pair, and price has since coiled into a tight 1.1520-1.1575 range. ATR(14) has compressed hard since the breakdown, with price pinned below both EMAs and supply repeatedly capping at the 1.1575 range top. Structure remains lower-high biased into the ECB decision.

Support: 1.1522, 1.1506, 1.1500

Resistance: 1.1575, 1.1600

What it said to watch

  • ECB decision 12:15 GMT and Lagarde press conference 12:45 GMT could materially shift this read
  • H4 close above 1.1575 invalidates the range-cap read and opens 1.1600
  • Loss of 1.1500 confirms a fresh lower-low toward the 1.1445 area

05:01 UTC

Downtrend, consolidating near lows · RSI 45 · price 1.15439

Range-bound after impulsive drop.

EURUSD remains in a multi-day downtrend, having broken sharply from the 1.1640 area down to 1.1500 as the broad USD rally and firm CPI/NFP narrative dominated. Price is now consolidating in a tight 1.1500-1.1555 range below both EMA20 and EMA50, with ATR(14) compressing as the market sits on its hands into the ECB decision. The 1.1555 range top has capped the last several attempts higher.

Support: 1.1500, 1.1445

Resistance: 1.1555, 1.1578, 1.1644

What it said to watch

  • ECB decision 12:15 GMT plus Lagarde 12:45 is the dominant catalyst for this period
  • H4 close above the 1.1555 range top opens 1.1578 swing high then 1.1644
  • Loss of the 1.1500 range low exposes the 1.1445 downside risk

05:01 UTC

Downtrend, consolidating near lows · RSI 44 · price 1.15439

Lower highs, ranging 1.1505-1.1575.

Multi-week downtrend from 1.1720; price slid sharply through 1.1600 last week on the broad USD rally and is now consolidating 1.1505-1.1575 near two-month lows. ATR(14) has cooled into the low-20s pip range as the market compresses ahead of today's ECB decision, with price pinned under both EMA20 and EMA50. The 1.1555 pivot is capping rallies while demand has stepped in around the 1.1500 swing low.

Support: 1.1500, 1.1525, 1.1445

Resistance: 1.1555, 1.1575, 1.1600

What it said to watch

  • H4 close above 1.1555 pivot opens the 1.1575-1.1600 zone
  • Failure to hold 1.1500 confirms a lower-low toward 1.1445
  • ECB decision 12:15 GMT and Lagarde 12:45 GMT could materially shift this read

01:01 UTC

Downtrend, consolidating at lows · RSI 47 · price 1.15373

Lower highs, sideways near floor.

Sustained downtrend from the early-month 1.1717 high, with a sharp leg lower that drove price into the 1.1500 two-month low before stabilising. Since then EURUSD has consolidated in a tight 1.1500-1.1575 band, ATR(14) compressed and price pinned below both EMAs. EUR is parked at these lows into today's ECB decision, leaving the range to break on guidance.

Support: 1.1500, 1.15176, 1.14994

Resistance: 1.1575, 1.1590

What it said to watch

  • ECB decision + Lagarde presser today is the dominant catalyst for this range
  • H4 close above the 1.1575 cap opens the path back toward 1.1590
  • Failure to hold the 1.1500 two-month low exposes the 1.14994 range floor

01:01 UTC

Downtrend, consolidating at lows · RSI 45 · price 1.15373

Lower highs into a base above 1.1500.

EUR drifted to two-month lows after the early-month breakdown from 1.1640, where a single impulse leg dragged price to 1.1499; it has since carved a tight base between the 1.1500 psych low and the 1.1575 range cap. The sequence of lower highs from 1.1721 remains intact and price sits below both EMA20 and EMA50, while ATR(14) has eased off the breakdown spike into compression. The whole structure is coiled directly under today's ECB decision.

Support: 1.1500, 1.1518, 1.1445

Resistance: 1.1575, 1.1640, 1.1685

What it said to watch

  • ECB decision and Lagarde presser today 12:15/12:45 GMT is the dominant catalyst for this range
  • H4 close below 1.1500 confirms a lower low and exposes the 1.1445 area
  • H4 close above 1.1575 invalidates the consolidation read and reopens 1.1640

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