EUR/USD AI Live Scan, 1-hour chart, Wednesday, 29 July 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.

23:01 UTC

Uptrend, sharp FOMC-driven leg · RSI 74 · price 1.14644

Range break above 1.1400, new week high.

EUR/USD spent most of the week pinned in a 1.1353–1.1400 range before the FOMC hold softened the USD, driving a vertical NY-session leg that broke 1.1400 and ran to a 1.14705 session high. Price now sits above both EMAs with RSI(14) stretched into overbought after the impulse. The 1.1400 handle, capped repeatedly earlier in the week, now sits below as the pivot to watch for acceptance.

Support: 1.14395, 1.1400, 1.1353

Resistance: 1.14705

What it said to watch

  • Hold above 1.1400 confirms acceptance and range break; loss of it reopens the prior 1.1353–1.1400 range
  • US Core PCE / advance GDP Thu 12:30 UTC is the key post-FOMC test of USD
  • Eurozone Q2 GDP and German HICP Thu could add a second driver to the EUR leg

22:02 UTC

Uptrend, fresh breakout momentum · RSI 72 · price 1.14644

Range break above the 1.1400 figure.

EUR/USD spent most of the week capped below the 1.1400 figure, cycling 1.1353–1.1400 without acceptance, before ripping higher into the NY session on the Fed's dovish-read hold and softer USD. The breakout tagged a week high at 1.14705, with RSI(14) pushing overbought after a near 65-pip impulse bar. Price now holds well above EMA20 and EMA50, with the prior 1.1400 cap flipping to first reference below.

Support: 1.14395, 1.1400

Resistance: 1.14705

What it said to watch

  • Hold above the 1.1400 breakout keeps the move intact; an H1 close back below re-opens the prior range
  • Failure to clear the 1.14705 week high leaves the impulse extended into overbought
  • Thu EZ Q2 GDP (08:00 GMT) and US Core PCE/GDP (12:30 GMT) could materially reset this post-FOMC read

22:01 UTC

Breakout higher, momentum stretched · RSI 78 · price 1.14645

Range break, fresh higher highs.

EUR/USD spent most of the week pinned in a 1.1353–1.1400 range before the FOMC-aftermath USD softening drove a sharp NY-session break above the 1.1400 cap, tagging 1.14705. RSI(14) is stretched into overbought territory and price is trading far above a lagging EMA(20) near 1.1388. The 1.1400 handle, capped repeatedly this week, now sits as the pivot beneath the breakout.

Support: 1.14395, 1.1400, 1.1353

Resistance: 1.14705

What it said to watch

  • H1 close back below 1.1400 negates the breakout and reopens the week's range
  • Thu EZ Q2 GDP / German HICP and US Core PCE could materially reshape this read
  • Overbought RSI leaves room for a pullback toward EMA(20)

21:02 UTC

Sharp breakout higher, momentum extended · RSI 78 · price 1.14656

Range broken to the upside, fresh highs.

Price coiled in a 1.1350–1.1400 range for most of the week before breaking sharply higher into the NY session after the FOMC hold, as the USD softened and EUR reclaimed the 1.1400 figure to run toward 1.1470. The impulse is steep and RSI(14) is stretched into overbought after the vertical move. The 1.1400 cap that held all week is now the first reference on any pullback.

Support: 1.1440, 1.1400, 1.13561

Resistance: 1.14705

What it said to watch

  • H1 close back below 1.1400 would negate the range break and put the figure back as a ceiling
  • Eurozone Q2 GDP and German HICP Thu 07:00–08:00 GMT plus US Core PCE 12:30 UTC could reshape this leg
  • Failure to hold 1.1440 spike low signals the breakout is fading

21:01 UTC

Breakout higher, momentum accelerating · RSI 72 · price 1.14492

Range break above 1.1400 cap.

EURUSD spent most of the week pinned in a 1.1353–1.1400 range, with the 1.1400 handle capping every attempt. Tonight's FOMC hold triggered a sharp ~120-pip surge, driving price through 1.1400 to a session high of 1.14663 as the USD leg softened. RSI(14) has pushed into overbought after the break, with price now sitting well above EMA(20) and EMA(50).

Support: 1.1400, 1.1380, 1.1353

Resistance: 1.14663

What it said to watch

  • Hold above 1.1400 confirms the range break; a close back below negates it
  • Eurozone Q2 GDP and German HICP Thu 07:00–08:00 GMT could reprice the EUR leg
  • Post-FOMC USD reaction still unfolding — could extend or fade the breakout

20:02 UTC

Range break to the upside, fresh impulse · RSI 75 · price 1.14492

Week-long range broken above 1.1400 on FOMC spike.

EURUSD spent the week pinned in a 1.1353–1.1400 range before a sharp NY-session impulse cleared the 1.1400 round number and printed a session high at 1.14663 as the USD softened on the FOMC hold. Price now sits well above EMA20 near 1.1390, with RSI(14) stretched into overbought after the vertical move. The prior ceiling at 1.1400 flips to first support as the breakout is tested.

Support: 1.1400, 1.1390, 1.1353

Resistance: 1.14663

What it said to watch

  • H1 acceptance back below 1.1400 would negate the breakout and pull price into the prior range
  • Eurozone Q2 GDP and German HICP Thu 07:00–08:00 GMT could extend or unwind this move
  • US Core PCE / GDP Thu 12:30 GMT is the next USD-leg risk into the FOMC presser aftermath

20:01 UTC

Range broken to upside, momentum spiking · RSI 78 · price 1.14509

Range break above 1.1400 after multi-day capping.

The week traded a 1.1350–1.1400 range capped below the figure; the FOMC hold this evening triggered a sharp break above 1.1400, spiking to a session high 1.14536 as stretched USD longs unwound. Price now holds ~1.1451, well above EMA20/50, with RSI stretched into overbought after a single-bar impulse. The move retraced the whole of the week's range and lifted price a cent off the weekly low at 1.13557.

Support: 1.1400, 1.13557

Resistance: 1.14536, 1.1450

What it said to watch

  • Failure to hold above 1.1400 prior ceiling returns price into the weekly range
  • EZ Q2 GDP and German HICP Thu 07:00–08:00 GMT could extend or fade the EUR bid
  • US Core PCE / GDP cluster Thu 12:30 GMT dominates the USD leg into next session

19:01 UTC

Range broken to the upside, momentum spiking · RSI 74 · price 1.14509

Range break above 1.1400 after multi-day consolidation.

EUR/USD spent most of the week pinned in a 1.1350–1.1400 range, unable to accept above the figure. The dovish FOMC reaction into the Warsh press conference squeezed the stretched USD longs, driving a vertical H1 break through 1.1400 into 1.14513 — the standout move of the window. RSI(14) is now stretched into overbought territory after the impulse, with price extended well above EMA20 and EMA50.

Support: 1.1400, 1.1353, 1.1369

Resistance: 1.14536

What it said to watch

  • Hold above 1.1400 (breakout) confirms range acceptance; a close back below reopens the range
  • Eurozone Q2 GDP and German HICP Thu 08:00 GMT, plus US Q2 GDP/Core PCE 12:30 GMT could materially shift this read
  • Failure to build above 1.14536 session high would flag an exhausted spike

19:01 UTC

Range breaking higher post-FOMC · RSI 72 · price 1.14252

Range break above 1.1400 pivot.

EUR/USD spent most of the week boxed in a 1.1350–1.1400 range with no acceptance above the figure. The final bar spiked to 1.14283 in the FOMC aftermath as a dovish-leaning hold triggered stretched USD longs to unwind, clearing the 1.1400 cap. Price now sits at 1.14252, above EMA20 and EMA50 with RSI pushing into the low 70s.

Support: 1.1400, 1.1350, 1.1324

Resistance: 1.14283, 1.1418

What it said to watch

  • Hourly acceptance above 1.1400 confirms the range break; failure back below keeps the 1.1324 ytd low in play
  • Eurozone Q2 GDP and German HICP Thursday 07:00–08:00 GMT could reshape this read
  • US Q2 GDP and Core PCE Thursday 12:30 UTC drive the USD leg

18:01 UTC

Sideways, recovering off week low · RSI 48 · price 1.13857

Range below 1.1400, higher lows off 1.1353.

EUR/USD is consolidating just under the 1.1400 psych level into tonight's FOMC, having bounced off the 1.1353 week low earlier in the session. Price is pinned around EMA20 with RSI(14) neutral near 47, sitting above EMA50 as a sequence of higher lows builds off 1.1353. The 1.1400 handle has capped every recovery attempt this week, keeping the pair boxed in the mid-1.13s.

Support: 1.13743, 1.1353, 1.1324

Resistance: 1.1400, 1.14177

What it said to watch

  • FOMC decision at 18:00 GMT is a binary risk that can break this range in either direction
  • H1 close above 1.1400 opens the path back toward the 1.14177 week high
  • Loss of the 1.1353 week low re-exposes the 1.1324 ytd low

17:01 UTC

Sideways, range-bound · RSI 48 · price 1.1382

Range 1.1353-1.1400, mid-range chop.

EUR/USD has held a compressed 1.1353-1.1400 band all week, with the 1.1400 round number capping every push and demand stepping in around the 1.1353 week low. Price is mid-range near 1.1382, hugging the EMA20/EMA50 cluster with RSI(14) flat around neutral. Eurozone PMI beats and firmer IFO have done little; the tape is USD-led and coiled into tonight's FOMC.

Support: 1.1376, 1.1353, 1.1324

Resistance: 1.1400, 1.1405, 1.1418

What it said to watch

  • FOMC 18:00 GMT is the near-term driver and can break this range in either direction
  • H1 close above 1.1400 opens the path back toward the 1.1418 week high
  • Failure to hold the 1.1353 week low exposes the 1.1324 ytd low

16:01 UTC

Range, capped below 1.1400 · RSI 48 · price 1.1382

Consolidation between weekly low and 1.14 pivot.

EUR/USD has spent the week grinding in a 1.1355–1.1414 range, with the 1.1400 pivot capping two pushes and the weekly low near 1.1355 holding on the dips. Price firmed back toward 1.1390 through yesterday's NY session as the USD softened into the Fed, but has drifted back to 1.1382 and sits just under EMA(20) with RSI(14) stalled around mid-range. The whole structure is coiling as a 'hawkish hold' sits largely priced.

Support: 1.1355, 1.1324

Resistance: 1.1400, 1.1414

What it said to watch

  • FOMC decision ~18:00 GMT today can force the range break in either direction
  • H1 close above the 1.1400 pivot opens the path back to the 1.1414 week high
  • Loss of the 1.1355 week low exposes the 1.1324 ytd low

16:01 UTC

Range-bound, coiling into FOMC · RSI 45 · price 1.13794

Range between 1.1353 and 1.1400 pivot.

EUR/USD has spent the week caged between the 1.1353 week low and the 1.1400 pivot, drifting lower toward the middle of that range after rejection near the 1.1414 week high on Tuesday. Price now sits back under EMA20 with RSI(14) mid-40s, the pair pinned as USD softened into the Fed on a weaker US Consumer Confidence print. Structure is two-way and compressed ahead of the decision.

Support: 1.1353, 1.1324

Resistance: 1.1400, 1.1414

What it said to watch

  • FOMC at 18:00 GMT (~2h) can override this range read entirely
  • H1 close above the 1.1400 pivot opens a retest of the 1.1414 week high
  • Loss of 1.1353 week low exposes the 1.1324 ytd low

15:01 UTC

Sideways, range-bound · RSI 51 · price 1.13915

1.1353–1.1418 range, coiling mid-range.

EUR/USD has spent the week trapped in a 1.1300–1.1400 band near one-month lows, with the 1.1414 area capping and 1.1353 holding the downside. Price has ticked back to 1.1390 into the NY session as the USD softened ahead of tonight's FOMC, sitting right on the EMA(20) with RSI(14) flat around the midline. The move is USD-led positioning rather than a genuine euro bid.

Support: 1.1353, 1.1324

Resistance: 1.1400, 1.1414

What it said to watch

  • FOMC 18:00 GMT today can materially shift this read
  • H1 close below 1.1353 week low opens the path to the 1.1324 ytd low
  • H1 close above 1.1400 range cap negates the range-bound read

14:01 UTC

Range, rolling over from top · RSI 42 · price 1.13784

Capped near 1.1405, pulling back under EMAs.

EUR/USD recovered off Monday's 1.1353 low to retest the 1.1405 area twice yesterday but rejection there capped the move, and price has since slid back under EMA20 into the NY session. RSI(14) has cooled to the low 40s as the pair trades a 1.1353-1.1418 weekly band, now testing the day low at 1.1374. Positioning is compressing ahead of the 18:00 GMT Fed decision.

Support: 1.13743, 1.1353, 1.13324

Resistance: 1.14048, 1.1391, 1.14177

What it said to watch

  • FOMC at 18:00 GMT will drive the next leg; a hawkish hold pressures toward the weekly low at 1.1353
  • Loss of 1.1374 day low opens the 1.1353 weekly low
  • H1 close back above 1.1391 EMA20 negates the pullback read

13:01 UTC

Range, rolling over off the top · RSI 44 · price 1.13784

Range-bound 1.1356-1.1418, price mid-lower.

EURUSD has spent the week pinned in a 1.1356-1.1418 range near monthly lows, with the dollar the dominant driver into tonight's Fed. Yesterday's NY push to 1.14048 was rejected and price has slipped back under both EMAs, drifting to 1.13784 with RSI(14) cycling in the low 40s. The 1.1400 handle continues to cap recovery attempts while 1.1356 marks the range floor.

Support: 1.1370, 1.13557, 1.1353

Resistance: 1.1392, 1.1400, 1.14048

What it said to watch

  • FOMC decision at 18:00 GMT is the dominant driver — capable of resolving the range in either direction
  • H1 close below 1.13557 confirms a lower low and opens the 1.1353 monthly low
  • Reclaim of 1.1400 negates the roll-over and reopens the range top

13:01 UTC

Range-bound, momentum fading · RSI 45 · price 1.13808

Capped near 1.1400, holding above monthly low.

EURUSD is pinned inside a 1.1353-1.1417 range this week, with the 1.1400 handle rejecting the latest recovery from the 1.1353 monthly low and price now easing back to the 50% fib near 1.1380. RSI(14) has cooled toward the mid-40s as the bounce lost steam, and price has slipped back below EMA(20) into the NY session. The tape is USD-led and consolidative ahead of tonight's Fed decision rather than a genuine EUR revival.

Support: 1.13803, 1.13557, 1.1324

Resistance: 1.1400, 1.14177

What it said to watch

  • FOMC decision at 18:00 GMT is the dominant driver and can break this range either way
  • H1 close below 1.1353 monthly low opens the path to the 1.1324 ytd low
  • Reclaim of the 1.1400 cap would negate the rejection and reopen the week high at 1.1417

12:01 UTC

Range-bound, no clear directional bias · RSI 49 · price 1.1386

Consolidation between weekly extremes.

EUR/USD has coiled between 1.1353 and 1.1414 all week, clawing off the 1.1353 week low into the NY session as the dollar eased pre-FOMC. Price is pinned around EMA20/EMA50 with RSI(14) hovering near 48, and the last bar rejected the 1.1400 round number. The 1.1400 handle has capped repeated attempts, keeping the range top respected.

Support: 1.1353, 1.1373, 1.1324

Resistance: 1.1400, 1.1414

What it said to watch

  • FOMC at 18:00 GMT is the dominant catalyst — a dovish tilt could break 1.1400 toward 1.1414
  • H1 close above 1.1400 opens the path back to the 1.1414 week high
  • Failure to hold 1.1353 confirms a lower low toward the 1.1324 ytd low

11:01 UTC

Range-bound, no clear trend · RSI 50 · price 1.13902

Recovery off Tuesday low, ranging mid-range.

EUR/USD is boxed in a 1.1353-1.1414 range this week, drifting to Tuesday's low near 1.1353 on USD strength before recovering to 1.1402 and settling back around 1.1390. Price sits right on the H1 EMA20 with RSI(14) hovering near 50, reflecting the pre-FOMC stall the digest flags as traders sit on hands. Recent high at 1.14020 capped the recovery, keeping the pair mid-range.

Support: 1.1365, 1.1353, 1.13324

Resistance: 1.1402, 1.1414

What it said to watch

  • FOMC decision at 18:00 GMT is the key USD driver and could break this range read
  • H1 close above 1.14020 opens the path to the week high at 1.14140
  • Failure to hold 1.13650 reopens Tuesday's week low at 1.13530

10:01 UTC

Sideways, two-day bounce stalling · RSI 49 · price 1.13902

Range-bound mid-week, coiling into FOMC.

EUR/USD is pinned around the EMA(20) near 1.1390 after a two-day recovery off the 1.1353 week low, aided by a softer dollar into FOMC. The week's range is boxed between 1.14177 above and 1.1353 below, with 1.1405 capping the last two upside attempts. Price is coiling mid-range as traders sit on their hands ahead of tonight's Fed decision.

Support: 1.13655, 1.1353, 1.13324

Resistance: 1.1405, 1.1400, 1.14177

What it said to watch

  • FOMC tonight (18:00 GMT) is the dominant catalyst and can break this range either way
  • Sustained H1 close above 1.1405 opens the path back to the 1.14177 week high
  • Loss of 1.13655 swing low reopens the 1.1353 week low

10:01 UTC

Recovering off week low, momentum flat · RSI 54 · price 1.13946

Range-bound, higher lows since Tuesday low.

EUR/USD bounced from the 1.1356 week low into a series of higher lows, dragging RSI(14) back to mid-range as the dollar softened pre-FOMC. Price is consolidating just under the 1.1400 recovery ceiling, holding above EMA(20) but capped by supply into the round number. The 1.1300–1.1400 range remains intact heading into tonight's Fed decision.

Support: 1.1385, 1.1356, 1.1353

Resistance: 1.1400, 1.1418

What it said to watch

  • FOMC tonight (18:00 GMT) is the dominant catalyst and could reprice the whole range
  • H1 close above 1.1400 opens the path to the 1.1418 week high
  • Failure to hold 1.1356 confirms a lower low toward the 1.1353 monthly low

09:02 UTC

Recovering off week lows, momentum flat · RSI 53 · price 1.13946

Higher lows since dip, capped below 1.1400.

EUR/USD recovered from the week low near 1.1353 into the NY session and has since coiled in a tight consolidation between the range floor around 1.1385 and the 1.1400 psych level, with the USD easing pre-Fed. Price sits just above EMA20 and EMA50 with RSI(14) mid-range near 53, momentum flat into the decision. Two probes toward 1.1400 have stalled; the 1.1417 week high marks the next cap.

Support: 1.1385, 1.1356, 1.1353

Resistance: 1.1400, 1.1417

What it said to watch

  • FOMC decision 18:00 UTC and Powell presser 18:30 UTC could materially shift this read
  • H1 close above 1.1400 psych opens the path to the 1.1417 week high
  • Failure to hold the 1.1385 range floor exposes the 1.1356 swing low and 1.1353 week low

09:01 UTC

Recovering off weekly lows, momentum flattening near 1.1400 · RSI 57 · price 1.13978

Higher lows since Monday, capped at 1.1404 pivot.

EUR/USD has clawed back from Monday's 1.1353 low, grinding higher through the NY session and holding above EMA(20) with RSI(14) cycling in the mid-50s. The 1.1400 pivot has capped the last two pushes while dips have found demand near 1.1386; a weekend gap up remains the earliest reference in the window. USD softened pre-Fed after weak US Consumer Confidence, letting the pair press back toward 1.1400.

Support: 1.1386, 1.1365, 1.1353

Resistance: 1.1404, 1.1414

What it said to watch

  • FOMC decision today 18:00 UTC — a knife-edge hold with ~30% hike priced can materially shift this read
  • H1 close above 1.1414 opens the week high
  • Loss of 1.1386 and a slip under 1.1365 threatens the higher-low sequence
  • Break of 1.1353 confirms a fresh lower low

08:01 UTC

Recovering off week lows, choppy · RSI 56 · price 1.13978

Range, holding above EMA20 into FOMC.

EUR/USD carved a fresh one-month low near 1.1353 mid-week before grinding back through the NY session, reclaiming EMA20 and EMA50 and pushing to 1.1400 into today. The 1.1400 psych level and the 1.1414 week high have capped two attempts, keeping price inside the ~1.1350–1.1414 range flagged across desks. Buyers stepped in repeatedly around the 1.1385 area, but momentum is muted with traders sidelined ahead of the Fed.

Support: 1.1385, 1.13557

Resistance: 1.1400, 1.1414

What it said to watch

  • Today's FOMC (18:00 UTC) is the dominant catalyst and could materially shift this read
  • H1 close above 1.14140 opens the path back toward the range top
  • Failure to hold 1.13850 reopens the 1.13557 week low

08:01 UTC

Recovery within a range · RSI 53 · price 1.13916

Range-bound, bouncing off weekly low toward the 1.1400 ceiling.

EURUSD carved a double bottom near the weekly low around 1.1353 and has recovered toward the 1.1400 ceiling flagged across desks, now consolidating near the weekly open around 1.1392. Price sits just above EMA20 and EMA50 with RSI mid-range, consistent with the ~1.1350-1.1400 range that has framed this week. The move firmed as softer US Consumer Confidence trimmed the dollar into the FOMC.

Support: 1.1362, 1.1353

Resistance: 1.1400, 1.1414

What it said to watch

  • Today's FOMC decision (18:00 UTC) is the dominant catalyst and could materially shift this read
  • H1 close above 1.1400 opens the path toward the 1.1414 week high
  • Failure to hold 1.1362 puts the 1.1353 weekly low back in play

07:01 UTC

Recovering off week low, range-bound · RSI 58 · price 1.13962

Boxed 1.1353-1.1427, higher lows since Tuesday.

EUR/USD has clawed back from Tuesday's 1.1353 week low, printing higher lows since and now trading above both EMA(20) and EMA(50) into the NY session, with RSI(14) cycling around 58. The 1.1400 round number remains the recovery cap the digest flagged, while the broader 1.1353-1.1427 weekly range still holds. USD softness after weak Consumer Confidence and Richmond Fed prints supported the bounce.

Support: 1.1385, 1.13561, 1.1368

Resistance: 1.1400, 1.1414, 1.14272

What it said to watch

  • FOMC decision at 18:00 UTC (~11h away) could materially shift this read
  • Hourly close above 1.14000 opens the path to the 1.14140 week high
  • Failure to hold the rising trendline near 1.13850 exposes the 1.13561 week low

06:01 UTC

Recovery toward range top · RSI 62 · price 1.13999

Higher lows off Tuesday's low, retesting 1.1400 pivot.

EUR/USD has clawed back toward the 1.1400 pivot after basing twice near 1.1353 on Tuesday, with a soft US Consumer Confidence print and easing DXY supporting the bounce into the NY-Asia transition. Price holds above EMA20 and EMA50 as RSI(14) cycles in the 55-62 band, but 1.1400 has capped repeated attempts this week and remains the line to clear. Structure is a recovery of higher lows within a broader range that still respects 1.1400 overhead.

Support: 1.1385, 1.1353, 1.1324

Resistance: 1.1400, 1.1414

What it said to watch

  • H1 close above 1.1400 pivot shifts the range read higher toward 1.1414
  • FOMC decision at 18:00 UTC could materially reprice this read
  • Failure to hold 1.1353 swing low reopens the 1.1324 YTD low

06:01 UTC

Downtrend, bounce into pivot · RSI 59 · price 1.13999

Recovery off week low, testing 1.1400.

EUR/USD spent the week grinding lower from Monday's 1.1427 open to a 1.1353 base, then clawed back toward the 1.1400 pivot as soft US Consumer Confidence and slipping DXY pared the dollar rally. The recovery holds above EMA(20) with RSI(14) climbing back to the high-50s, and price now sits right on the 61.8% retrace of the week's decline near 1.1400 — the level that has capped repeated attempts this week.

Support: 1.1385, 1.1353, 1.1324

Resistance: 1.1400, 1.14272

What it said to watch

  • FOMC decision today 18:00 UTC is a live-risk event that could materially shift this read
  • H1 close above 1.1400 pivot shifts the range bias higher toward the 1.14272 week open
  • Failure to hold 1.13530 week low opens the path to the 1.1324 ytd low

05:02 UTC

Recovery off week low, nearing cap · RSI 62 · price 1.14006

Range 1.1353–1.1414, higher lows since week low.

EUR/USD has climbed off the 1.1353 week low along a series of higher lows, retaking EMA20 and pressing the 1.1400 round number as US Consumer Confidence softened and DXY eased. The 1.14138 week high has capped the top of the range so far. Price now sits at the upper edge of the 1.1353–1.1414 band into the FOMC decision.

Support: 1.1400, 1.1388, 1.1353

Resistance: 1.14138, 1.14177

What it said to watch

  • FOMC decision today 18:00 UTC is the dominant catalyst for the USD leg
  • H1 close above 1.14138 week high opens the path higher out of the range
  • Failure to hold 1.1388 ema20 shifts focus back toward the 1.1353 week low

05:02 UTC

Recovery off monthly lows, testing cap · RSI 63 · price 1.14006

Higher lows since Tuesday, pressing 1.1400.

EUR/USD probed a fresh monthly low near 1.1353/1.1360 mid-week before buyers stepped in, carving a double base and lifting price back to the 1.1400 cap as US Consumer Confidence softened and DXY eased. Price now sits above EMA20 with RSI(14) cycling up toward 63, holding a run of higher lows since Tuesday. The 1.1400 area — which has repeatedly capped this week — is the immediate test.

Support: 1.1389, 1.1360, 1.1324

Resistance: 1.1400, 1.1414

What it said to watch

  • FOMC 18:00 UTC + Powell/Warsh presser is the dominant near-term catalyst for this read
  • H1 close above the 1.1400 cap sustains the recovery toward the 1.1414 wk high
  • Failure to hold 1.1360 monthly low reopens the 1.1324 ytd low

04:01 UTC

Recovery off weekly lows, momentum building · RSI 58 · price 1.13963

Based near 1.1353, grinding higher into FOMC.

EUR/USD based near the 1.1353 weekly low on Tuesday and has ground higher through the Asia session, now pressing toward the 1.1400 handle that capped moves earlier in the week. Price sits above EMA20 with RSI(14) recovering into the high-50s, confirming the corrective bounce inside the broader 1.1300-1.1400 weekly range. The 1.1400 round number remains the pivot separating range-bound drift from a fuller retracement of Monday's decline.

Support: 1.1385, 1.1353, 1.1324

Resistance: 1.1400, 1.14138, 1.14347

What it said to watch

  • FOMC today 18:00 UTC is the dominant catalyst and can override this structural read
  • H1 close above 1.1400 opens the path toward 1.14138
  • Failure to hold 1.1385 EMA20 risks a retest of the 1.1353 weekly low

04:01 UTC

Downtrend basing, recovery underway · RSI 56 · price 1.13963

Higher lows off weekly low, capped near 1.1400.

EUR/USD carved a double bottom near the 1.1353 weekly low and has recovered through the Asia and London sessions, now holding above EMA20 with RSI(14) back near 56. The move stalled at the 1.1400 handle earlier this week; that zone plus the 1.1414 week high still cap the bounce as the dollar stays firm into the Fed.

Support: 1.1385, 1.1353, 1.1324

Resistance: 1.1402, 1.1414

What it said to watch

  • FOMC decision 18:00 UTC is the dominant driver — could reset this read
  • H1 close above 1.1402 opens a retest of the 1.1414 week high
  • Loss of 1.1385 EMA20 and 1.1353 exposes the 1.1324 ytd low

03:01 UTC

Downtrend, corrective bounce underway · RSI 59 · price 1.1395

Recovering within a 1.1355–1.1400 weekly range.

EUR/USD slid from Monday's open near 1.1435 to this week's low at 1.1355 before a corrective bounce back above EMA20 through the NY session. Price is now probing the 1.1400 range top that has capped every attempt this week, with RSI(14) recovering toward 60. The tone stays soft into FOMC, with the euro pinned near monthly lows by dollar strength.

Support: 1.1385, 1.1355, 1.1324

Resistance: 1.1400, 1.1414

What it said to watch

  • FOMC decision today 18:00 UTC is the dominant catalyst and could reset this read
  • H1 close above 1.1400 range top opens the path back toward 1.1414
  • Failure to hold the week low at 1.1355 exposes the 1.1324 ytd low

03:01 UTC

Downtrend, recovery underway · RSI 59 · price 1.1395

Bounce off monthly lows, testing range top.

EUR/USD slid from Monday's 1.1435 open to fresh monthly lows near 1.1353 before demand stepped in through the NY session and lifted price back to 1.1395. The recovery has reclaimed both H1 EMAs with RSI(14) cycling back above 55, but the 1.1400 handle remains the immediate cap. The whole week sits inside a 1.1350–1.1418 range as the market holds directional bets ahead of the FOMC.

Support: 1.1353, 1.1324

Resistance: 1.1400, 1.14177

What it said to watch

  • H1 close above 1.1400 opens the path to the 1.14177 week high
  • Failure to hold 1.1353 confirms a lower low toward the 1.1324 ytd low
  • FOMC decision today (18:00 UTC) is the dominant driver and can override this range read

02:01 UTC

Recovery off week's base, momentum flat · RSI 54 · price 1.13907

Range after early-week decline, holding above EMA20.

EUR/USD slid from 1.1435 into Monday's session to base twice near 1.1353, then recovered into a 1.1355-1.1414 range through the week as USD dominance capped upside ahead of the Fed. Price is now mid-range around 1.1391, holding above EMA20 with RSI(14) cycling in the low-50s. The 1.1400 area and week high at 1.1414 have capped every rally attempt.

Support: 1.1378, 1.1353

Resistance: 1.1400, 1.1414

What it said to watch

  • FOMC decision today 18:00 UTC is the dominant catalyst and could reset this range
  • Loss of 1.1353 week low confirms a lower-low toward the low-1.13s
  • Close above 1.1414 week high invalidates the range read

02:01 UTC

Downtrend on the week, near-term recovery · RSI 55 · price 1.13907

Bounce off week low, consolidating below 1.1400.

EUR/USD faded a push toward 1.1418 earlier in the week and slid into the low-1.13s as the dollar stayed firm into FOMC. Price then bounced off the 1.1356 week low back to 1.1400 during the NY session before settling into a tight 1.1385–1.1391 range, holding just above EMA(20). RSI(14) has recovered to the mid-50s but momentum is flat inside the consolidation.

Support: 1.1385, 1.13557

Resistance: 1.1402, 1.1418

What it said to watch

  • FOMC decision Wed 18:00 UTC is the dominant near-term catalyst and can reset this read
  • H1 close above 1.14020 ny high reopens the 1.14180 week high
  • Loss of 1.13850 range floor exposes the 1.13557 week low

01:02 UTC

Range, recovering off week low · RSI 55 · price 1.13911

Range-bound, holding below 1.1400 cap.

EUR/USD slid to a fresh week low near 1.1353 mid-week as USD firmed into FOMC, then twin lows around 1.1353/1.1356 marked a base and price recovered above EMA20 to trade near 1.1391. Rallies remain capped below the 1.1400 area that turned back two attempts this week; RSI(14) has cycled back to the mid-50s off oversold. Price is pinned mid-range ahead of the Fed.

Support: 1.1362, 1.1353

Resistance: 1.1400, 1.1418

What it said to watch

  • FOMC decision today 18:00 UTC is the dominant driver and can break this range either way
  • H1 close above 1.1400 opens the path back toward 1.1418
  • Failure to hold 1.1362 exposes the 1.1353 week low

01:01 UTC

Range-bound, bounce off week low · RSI 53 · price 1.13911

Consolidation between 1.1353 and 1.1418.

EURUSD has ranged between the 1.1353 week low and the 1.1418 cap since Monday, with the pair rolling over from 1.1414 into the 1.1353 low before a NY-session bounce reclaimed 1.1400. Price now sits mid-range near 1.1391, holding just above EMA20 as RSI cycles around 50. The soft-USD-vs-firm-USD tension is on hold ahead of the FOMC decision, keeping intraday moves contained.

Support: 1.1353, 1.1377

Resistance: 1.1402, 1.1418

What it said to watch

  • FOMC decision today 18:00 UTC is the dominant driver and could break this range
  • H1 close below 1.1353 confirms a lower low toward the 1.1362 monthly low and 1.1324
  • H1 close above 1.1418 invalidates the range top

00:01 UTC

Downtrend, corrective bounce · RSI 49 · price 1.13833

Bounce off weekly low, capped under 1.1400.

EUR/USD ground to fresh weekly lows near 1.1353 through the week as the dollar firmed into FOMC, then found a bounce back toward 1.1400 before stalling. Price is now consolidating around EMA20 with RSI back near 49; the 1.1400 round number has capped the recovery and lower highs remain intact. Demand stepped in around 1.1353 but the broader tone stays heavy below the 1.1400/1.1418 zone.

Support: 1.1353, 1.1324

Resistance: 1.1400, 1.1418

What it said to watch

  • FOMC Wed 18:00 UTC is the dominant catalyst and could materially shift this read
  • H1 close above 1.1400 opens the path back to the 1.1418 prior high
  • Loss of 1.1353 confirms a lower-low toward the 1.1324 ytd low

00:01 UTC

Downtrend, bounce off lows · RSI 52 · price 1.13833

Lower highs into monthly lows, corrective bounce capped.

EUR/USD ground to fresh monthly lows near 1.1353 through Monday's session as pre-FOMC USD firmness dominated, then found demand for a bounce back toward 1.1400 during the NY session. That bounce was rejected at the 1.1400 area and price has since drifted back to sit on the EMA20 around 1.1383, with RSI recovering to the low-50s. The 1.1400/1.1418 zone caps the recovery while the 1.1362 monthly low and 1.1353 week low mark the downside pivots.

Support: 1.1362, 1.1353

Resistance: 1.1400, 1.1418

What it said to watch

  • FOMC Wed 18:00 UTC is the dominant catalyst and could materially shift this read
  • H1 close above 1.1400 challenges the downtrend and opens the path to 1.1418
  • Break below 1.1353 confirms a lower low toward the 1.1324 YTD low

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