EUR/USD AI Live Scan, 1-hour chart, Sunday, 1 November 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
Range after failed rally, momentum fading · RSI 46 · price 1.11548
1.1104–1.1214 weekly range; lower high at 1.1206, higher low at 1.1136 holding.
Thursday's post-ECB week low at 1.1104 reversed into a 110-pip rally to the 1.1214 week high in Friday's Asia session. A lower high at 1.1206 gave way into the NY open as the dollar firmed on tech-driven risk-off, and the slide reached the 1.1136 Friday low before a partial bounce. Monday opened with a gap below Friday's 1.1166 close, and price sits near the 50% retracement of the rally, below EMA(20) at 1.1167 and EMA(50), with RSI(14) at 45 and the Monday low at 1.1149 resting on the higher-low line from Thursday.
Support: 1.1149, 1.1136, 1.1104
Resistance: 1.1167, 1.1206, 1.1214
What it said to watch
Hourly close below the 1.1136 Friday low breaks the higher-low line and exposes the 1.1104 week low
Reclaim of EMA20 at 1.1167 brings the 1.1206 lower high and 1.1214 week high back into focus
Eurozone PMIs (08:15–08:55 UTC) and Nagel at 12:00 UTC could materially shift this read
ISM Manufacturing at 15:00 UTC Monday is the key USD-side risk to the range
Rally capped at 1.1214, lower high at 1.1206, rally trendline broken.
The slide from Tuesday's 1.1174 open bottomed at the 1.1104 week low during NY hours Thursday after the ECB, and the reversal reached the 1.1214 week high in Friday's Asia session. A lower high at 1.1206 and a sharp drop in the first hour of NY on Friday, as USD firmed on tech/AI risk-off, completed a small double top, broke the rally trendline and printed the 1.1136 Friday low before price recovered to the 50% fib at 1.1159. Price closed the week below EMA(20) near 1.1170 and on EMA(50), with RSI(14) back at 47 and ATR(14) expanded to ~15 pips.
Support: 1.11593, 1.11361, 1.11042
Resistance: 1.11705, 1.12056, 1.12143
What it said to watch
H1 close back above EMA(20) at 1.1170 reopens the lower high at 1.1206 and the 1.1214 week high
Failure to hold the 50% fib at 1.1159 and then the Friday low at 1.1136 exposes the 1.1104 week low
Euro-area PMIs 08:15–08:55 UTC Monday and ECB Nagel at 12:00 UTC could shift December-hike pricing
US ISM Manufacturing at 15:00 UTC Monday is the main USD risk to this read
21:02 UTC
Range after V-recovery, momentum fading · RSI 46 · price 1.11659
1.1104–1.1214 range; double top at 1.1214/1.1206, mid-range close.
The Tuesday–Thursday slide bottomed at the 1.1104 week low after the ECB hold in Thursday's NY session, then a 110-pip V-recovery topped at the 1.1214 week high in Friday's Asian range. A lower high at 1.1206 met rejection in London, and the USD rebound on tech risk-off drove a sharp London-NY transition drop to the 1.1136 Friday low, completing the double top's measured move. A higher low at 1.1150 into the NY close leaves price at 1.1166, below ema20 near 1.1171 and on EMA(50), with RSI(14) at 46 and the 50% fib of the rally at 1.1159.
Support: 1.1150, 1.1136, 1.1104
Resistance: 1.1171, 1.1206, 1.1214
What it said to watch
H1 close back above ema20 at 1.1171 and the 1.1206 lower high reopens the 1.1214 week high; a break there negates the double top
Loss of the 1.1150 higher low and the 1.1136 Friday low exposes the 1.1104 week low, the 17-month low
Monday's EZ PMIs (08:15/08:55 UTC) and ECB Vujčić/Nagel remarks could test the range edges
US ISM Manufacturing at 15:00 UTC Monday is the main USD risk to this read