EURUSD broke out of the 1.1640-1.1660 range into the NY session on Iran ceasefire headlines, tagging a week high at 1.16856 before fading back toward 1.1665. Price sits above both EMAs with RSI moderating from overbought into the mid-50s, leaving the impulse intact but losing steam. The week low at 1.15868 from earlier USD-firm trade still anchors the broader pullback structure.
Support: 1.1642, 1.1624, 1.15868
Resistance: 1.1678, 1.16856
What it said to watch
H1 close back below 1.1642 ema20 weakens the breakout read
Reclaim of 1.16780 session high reopens 1.1700 area noted by desks
Iran-US headline risk live; abrupt deal/no-deal updates can override structure
Higher highs into 1.1685 then pullback to mid-range.
Price broke above the prior-day cap at 1.1655 during the NY session and spiked to 1.1686 on US-Iran deal headlines before fading back to 1.1661. The week-low at 1.1587 set Wednesday has framed a clean recovery sequence of higher lows, with EMA20 around 1.1641 catching the latest pullback. RSI(14) has cooled from overbought toward 56 as the spike unwinds, leaving structure constructive but momentum stalled.
Support: 1.1641, 1.1625, 1.1587
Resistance: 1.1678, 1.16856, 1.1700
What it said to watch
H1 close back below 1.1641 ema20 weakens the recovery read
Loss of 1.1625 prior swing reopens the 1.1587 week low
Reclaim of 1.1678 session high puts 1.1700 round number back in play
Iran-US headline risk remains the dominant catalyst into the weekend
Higher-low set Thursday, fresh week-high pushed Friday NY.
EURUSD broke the week's prior range during Friday's NY session, tagging 1.1685 before easing back into 1.1670 — the strongest impulse of the week and tied to USD softness on US-Iran headlines. The Thursday low at 1.1587 marks the higher-low that kicked off this leg, and price now sits above both EMA20 and EMA50 with RSI(14) in the low 60s. Range-break and retest in progress around the 1.1670 area.
Support: 1.16401, 1.16246, 1.15868
Resistance: 1.16742
What it said to watch
Hourly close back below 1.1640 intraday low would weaken the breakout read
Sustained acceptance above 1.1685 week high opens room to extend
Headline risk on US-Iran negotiations can swing this read in either direction
EURUSD spiked into the NY session to 1.1685, taking out the week's prior res at 1.1661 after a clean double bottom near 1.1587 on Thursday's NY hours. Pair has held above EMA(20) since Wednesday's recovery, with RSI(14) now stretched at 71 reflecting the impulsive USD-Iran deal headline move. Structure on the week is constructive: higher low at 1.1587, higher high today.
Support: 1.1647, 1.1627, 1.15868
Resistance: 1.1661
What it said to watch
Hourly close back below 1.1647 prior res would signal failed breakout
Loss of 1.1627 intraday low reopens the week-low at 1.1587
RSI overbought into Asia open raises pullback risk after the headline-driven leg
Further US-Iran deal headlines remain the dominant catalyst
Higher low printed Thursday, pushing back toward weekly highs.
EURUSD reclaimed the week's range and pushed to a session high at 1.16742 during NY hours as the US Dollar sagged on US-Iran ceasefire optimism and Trump's lifting of the naval blockade. Structure shows a clean higher low off Thursday's 1.15868 spike before stair-stepping back above EMA(20), with RSI(14) firming into the mid-60s. Price now sits just under the weekly highs, with the ema20 around 1.1642 acting as the nearest pullback reference.
Support: 1.1642, 1.16278, 1.15868
Resistance: 1.16742, 1.1661
What it said to watch
H1 close above 1.16742 session high opens path toward 1.1700 round number
Loss of 1.16420 ema20 would weaken the higher-low read
Break back below 1.16278 ny session low reopens the 1.1590 zone
Headline risk remains elevated — any reversal in US-Iran tone could unwind the USD-soft move
15:00 UTC
Range, mild upward drift · RSI 53 · price 1.16468
Horizontal range 1.1587-1.1661.
Price has chopped between 1.1587 and 1.1661 across the past two days, with a sharp recovery off the week low during yesterday's NY session reclaiming EMA(20) and EMA(50). Today's session has rejected twice from 1.1654 and is holding above the 1.1637 session low, leaving the tape mid-range with RSI flat near 53. The bounce coincided with risk-on flows on US-Iran ceasefire optimism, but mixed Fed commentary on stalled inflation progress has capped follow-through.
Support: 1.1637, 1.16246, 1.15868
Resistance: 1.16541, 1.1661, 1.16576
What it said to watch
H1 close above 1.1661 week high would break the range top
Loss of 1.1637 session low reopens 1.1625 and the prior-day low
Sustained rejection from 1.1654 keeps the range read intact
Range with sweep of weekly low, recovery into mid-range.
EURUSD has spent the week oscillating in a 1.1587–1.1661 range, with Thursday's NY session sweeping the week low at 1.15868 before reclaiming the entire range into the 1.1657 prior high. Price has since stabilised mid-range around 1.1645, holding above EMA20 with RSI(14) cycling through the neutral 50s. Today's NY session probed 1.16246 and was bought back, keeping the recovery structure intact.
Support: 1.1637, 1.16246, 1.15868
Resistance: 1.16566, 1.1661
What it said to watch
Hourly close above 1.16566 prior high opens path to the 1.16610 week high
Loss of 1.16246 session low reopens the 1.15868 week low
Fed commentary (Bowman, Paulson) hitting wires could shift the dollar tone into NY close
EURUSD has chopped within a 1.1587–1.1660 range this week, with Wednesday's spike to the range top fading back into the NY session and Thursday tagging the week low at 1.1587 before reclaiming the EMA(20). Friday's session has retraced into the range mid around 1.1648 after a soft German CPI print kept EUR capped below 1.1660. Price now sits on the EMA(20) with RSI(14) flat near 53, structure neutral inside the range.
Support: 1.1628, 1.1587, 1.1617
Resistance: 1.1660, 1.1610, 1.1657
What it said to watch
H1 close above 1.1660 range top would invalidate the range read
Loss of 1.1628 intraday low reopens a retest of the 1.1587 week low
US-Iran headline risk into the weekend could materially shift this read
EURUSD has carved out a week-long range between 1.1587 and 1.1661 with price now pinned mid-range around 1.1643. The dominant move came during yesterday's NY session, a sharp rebound from the 1.1587 week low up to 1.1661, but today's London session has faded that strength back to the EMA(20). RSI(14) is balanced near 50 after diverging into the highs, consistent with the range read.
Support: 1.1627, 1.1587, 1.1617
Resistance: 1.1661, 1.1657
What it said to watch
An H1 close above 1.1661 would break the week high and invalidate the range
Failure to hold 1.1627 session low reopens the 1.1587 week low
Fed commentary on inflation (Schmid) keeps USD-side headline risk live into NY session
11:00 UTC
Range with this-week downside attempts failing · RSI 48 · price 1.16391
Broad range, sweep low Thursday reclaimed.
Price has chopped within a 1.1587–1.1661 range for most of the week, with Thursday's sweep down to the week low at 1.15868 fully reclaimed into the NY session and tagging the thu high at 1.16610. Friday's London session has faded that strength back to the session low at 1.16278, leaving price mid-range and RSI(14) flat near 48. Sitting under EMA(20) but holding the EMA(50) cluster — structure is balanced, not directional.
Support: 1.16278, 1.16037, 1.15868
Resistance: 1.16566, 1.1661
What it said to watch
H1 close below 1.16037 reopens the thu swing low and week low at 1.15868
H1 close above 1.16566 puts the week high at 1.16610 back in play
Fed Schmid commentary on inflation keeps USD headline risk live into NY close
10:00 UTC
Rangebound, recent rejection from weekly high · RSI 45 · price 1.16273
Wide range 1.1587–1.1661, mid-range pullback.
EURUSD has chopped inside a 1.1587–1.1661 range for the week, with Thursday's NY session pushing to the week high before being rejected back to mid-range. The current European session has rolled over from the 1.1654 Asia high and slipped under EMA20, with RSI fading from a lower high as price retests the 1.1624 session low. Soft state-level German CPI prints and Bailey's hawkish-leaning comments have kept the pair offered into London hours.
Support: 1.1624, 1.1609, 1.15868
Resistance: 1.1654, 1.1661, 1.1642
What it said to watch
H1 close below 1.1624 session low opens path back to 1.1609 prior swing
Reclaim of 1.1642 ema20 would neutralise the rejection read
Break above 1.1661 week high needed to invalidate the range
German national HICP flash later today could materially shift this read
09:00 UTC
Range with bullish lean, momentum fading · RSI 52 · price 1.16367
Price has been chopping in a ~75-pip range since Monday, with Thursday's NY session producing the dominant move — a sweep of the week low at 1.1587 followed by a sharp reversal back to 1.1661. Friday's London open has faded that strength, with rejection at 1.1654 sending price back toward the session low at 1.1634, and RSI back to neutral near 52. Holding above EMA50 but capped under EMA20, leaving the read as range-bound with neither side controlling.
Support: 1.16339, 1.1609, 1.15868
Resistance: 1.16541, 1.1661, 1.16524
What it said to watch
H1 close above thu high 1.1661 would break the week's range top
Loss of session low 1.1634 opens path back toward thu swing low 1.1609
German state CPI prints rolling in could shift EUR tone into NY session
08:00 UTC
Uptrend, choppy with deep pullbacks · RSI 54 · price 1.16508
Higher highs and higher lows since Tuesday's low, ranging into Friday open.
EURUSD rallied off Thursday's 1.1587 week low into 1.1661 during the NY session, a clean impulse that has since cooled into a tight consolidation either side of 1.1650. Price is holding above both EMA(20) and EMA(50) on H1 with RSI hovering near the midline after pulling back from overbought, and the early Friday dip into 1.1637 found buyers ahead of the European data block. Soft French and Spanish CPI prints just landed but the pair has not yet broken out of the post-impulse range.
Support: 1.1637, 1.1617, 1.1587
Resistance: 1.1661, 1.1657, 1.1656
What it said to watch
Hourly close above 1.1661 week high extends the impulse
Loss of 1.1637 intraday low opens the path back toward 1.1617 thu swing low
German state CPI readings later today could shift the EUR leg of the read
Higher-low Wed, sharp impulse Thu NY, pullback into Fri Asia.
Range earlier in the week into Wednesday gave way to a clean Thursday NY impulse that broke 1.1652 and tagged 1.1661, with EUR catching a bid alongside the softer dollar tone around US-Iran deal headlines. Friday Asia has faded the move, dragging price back to the intraday low at 1.1637 where the EMA(20) is now flattening. RSI(14) has cooled from above 70 to mid-50s, consistent with a pullback rather than a reversal so far.
Support: 1.1637, 1.1617, 1.15868
Resistance: 1.16566, 1.1661, 1.16524
What it said to watch
Hourly close back under 1.1637 intraday low would break the post-breakout retest and open the week low retracement at 1.1617
Reclaim of 1.1657 Thu high would put the session high at 1.1661 back in play
German states' CPI prints later today could reprice EUR into the European session
EURUSD spent the week consolidating in a 1.1585–1.1660 range, with yesterday's NY session driving a spike to the week high at 1.1661 before fading back. Price has rolled off resistance, slipped under EMA20 in the Asian session, and is pulling toward the mid-range as RSI cycles through 46. The 1.1650 option strike and US-Iran headlines are capping rallies into the European open.
Support: 1.1633, 1.1587, 1.1617
Resistance: 1.1661, 1.1657, 1.1650
What it said to watch
H1 close above 1.1661 invalidates the range top
Break of 1.1617 swing low opens path to 1.1587 week low
US-Iran truce headline risk could materially shift this read
05:00 UTC
Range with upside bias, momentum fading · RSI 48 · price 1.16379
Swing high 1.1661, swing low 1.1586, mid-range now.
EURUSD spent the week churning in a 1.1586–1.1661 range, with the sharpest move coming during yesterday's NY session as price swept the week low at 1.1586 and reversed sharply to print the 1.1661 week high. Since that NY high, sellers have leaned on the move and price has drifted back through the EMA20 into the mid-range. Asian-session price action this morning is pinned near the session low at 1.16367 with RSI flat in the high 40s.
Support: 1.16367, 1.16223, 1.15868
Resistance: 1.16566, 1.1661, 1.16449
What it said to watch
Hourly close below 1.16223 prior swing reopens the 1.1586 week low
Reclaim of the EMA20 and break above 1.16566 NY high puts the 1.1661 week high back in play
Headline risk around US-Iran ceasefire extension could override structure
04:00 UTC
Range with bullish recovery · RSI 53 · price 1.16437
Swing low reclaimed, mid-range.
EURUSD swept the week low at 1.15868 during Wednesday's NY session before reclaiming the prior range and tagging 1.16610 into the London open. Price now sits mid-range around 1.16437 with RSI(14) cycling back to neutral and EMA(20) underneath providing dynamic support. Dollar-side headlines around the US-Iran truce extension are driving the chop without breaking structure.
Support: 1.1637, 1.1624, 1.15868
Resistance: 1.16566, 1.1661
What it said to watch
H1 close above 1.16566 session high opens path back to 1.16610 swing high
Loss of 1.16370 ema20 shifts read back toward the 1.16240 intraday low
Headline risk on US-Iran ceasefire decision could materially shift the read
Sharp NY-session rebound off 1.1587 yesterday reclaimed the week's range and printed a higher low at 1.1617, with price now consolidating just under the 1.1661 week high. EMA20 has flipped supportive around 1.1638 and RSI(14) is mid-band at 58, leaving room before any overbought condition. The Iran ceasefire headlines coincided with the bounce, but structurally this is a clean double-bottom recovery into prior resistance.
Support: 1.1638, 1.1617, 1.15868
Resistance: 1.1661, 1.1656, 1.1650
What it said to watch
Hourly close above 1.1661 week high opens path toward 1.1700 psych
Loss of 1.1638 ema20 and a lower high under 1.1656 would shift the read back to range
Break of 1.1617 swing low invalidates the higher-low structure
02:00 UTC
Recovery from midweek low, range top in play · RSI 58 · price 1.16489
Higher low printed Thursday, retesting weekly range high.
EURUSD recovered sharply from Thursday's 1.15868 low into the NY session, printing a 70-pip impulse on the US-Iran ceasefire headlines that pushed price back to the week high near 1.16610. Asia session is consolidating just under that range top with RSI cooling from 70 toward 58, and EMA20 has flipped back above EMA50. The week's structure now reads as a double-bottom recovery rather than a continuation lower.
Support: 1.1637, 1.1617, 1.15868
Resistance: 1.16566, 1.1661
What it said to watch
H1 close above 1.16610 week high would extend the recovery
Failure at 1.16566 thu high and roll back under ema20 reopens 1.16170
Loss of 1.15868 week low invalidates the double bottom read
MOF intervention data release at 10:00 GMT could spike USD crosses
Price swept the week low at 1.15868 during the early NY session yesterday before reclaiming the prior range and pushing into 1.16610 on the day's drive. Holding above EMA(20) since the reclaim with RSI(14) cycling in the upper half, and Asia has consolidated tight near the week high. The 1.16170–1.16370 zone is now the structural pivot defending the recovery.
Support: 1.1637, 1.1617, 1.15868
Resistance: 1.1661, 1.1657
What it said to watch
H1 close above 1.16610 week high extends the recovery leg
Loss of 1.16370 ema20 reopens the 1.16170 prior swing
Failure at 1.15868 week low confirms a lower-low and invalidates the reclaim
Price reclaimed the 1.1640 shelf after Thursday's NY session swept down to 1.1587 and snapped back, with EMA(20) crossing back above EMA(50) into the late session. Asia is consolidating just under 1.1657 resistance with RSI(14) levelling around 60. The week's structure now reads as a failed break lower and a return into the prior range.
Support: 1.1645, 1.1617, 1.1587
Resistance: 1.1657, 1.1676
What it said to watch
H1 close above 1.1657 opens path back toward the prior week high at 1.1676
Loss of 1.1645 intraday low re-exposes 1.1617 and the thu swing low
Thin Asia liquidity with Tokyo CPI softer than April — risk of gappy reaction at NY open