EUR/USD AI Live Scan, 1-hour chart, Thursday, 4 June 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, edging lower off the bounce · RSI 42 · price 1.16119
Lower highs since Wednesday's recovery.
EUR/USD has drifted back toward 1.1610 after rejection at yesterday's NY high near 1.1645, slipping below EMA(20) with RSI(14) holding sub-50. The week has chopped between 1.1595 and 1.1664; USD softened on rising jobless claims, but follow-through on EUR remains limited near a one-week low. Lower highs have stacked since the Wednesday bounce.
Support: 1.1608, 1.15945
Resistance: 1.1620, 1.1645, 1.16645
What it said to watch
Hourly close below 1.1595 confirms a lower low and extends the downside
Reclaim of 1.1645 negates the lower-high sequence
US NFP Friday ~14h UTC could materially shift this read via USD
22:01 UTC
Range, drifting lower off the high · RSI 43 · price 1.16117
This-week range, rejected near range top.
EUR/USD has held a 1.1595-1.1645 range all week, grinding up Wednesday into Thursday's NY session as the USD softened on rising jobless claims ahead of NFP. The latest push stalled at 1.1645 and price has since rolled back toward the lower half of the range, trading under EMA(20) with RSI(14) easing to the low-40s. Demand around 1.1595-1.1600 has capped the downside on prior tests this week.
Support: 1.1600, 1.15943
Resistance: 1.1620, 1.1645, 1.1665
What it said to watch
US NFP Friday 12:30 UTC (~15h) could materially shift this range read via the USD leg
H1 close below 1.15943 confirms a lower-low and breaks the week's range
Reclaim of 1.1645 reopens the path back to the 1.16650 week open
Price has been carving lower highs and lower lows since Tuesday's NY session, with the week high at 1.16645 capping early-week strength before a sharp leg down to 1.15943. Wednesday's NY bounce stalled at 1.16450 and rolled over into Thursday's session, leaving price back below the H1 EMA20 around 1.16220 with RSI(14) cycling 40–55 on each pullback. The session low at 1.16076 is the immediate pivot; structure stays heavy while lower highs hold.
Support: 1.16076, 1.15943, 1.1580
Resistance: 1.1645, 1.16645, 1.1622
What it said to watch
H1 close above 1.16450 NY high breaks the lower-high sequence
Loss of 1.16076 session low opens 1.15943 week low retest
Reclaim of ema20 around 1.16220 would neutralise the downtrend read
EURUSD has trended lower across the week from Monday's 1.1664 high, with a sharp leg down during the NY session two days ago carving the 1.1594 week low. Today's NY session pushed back to 1.1645 but supply capped the move and price has rolled over, closing back below EMA(20) near 1.1628. RSI(14) sits at 42 and has been making lower highs alongside price, confirming the corrective character of the bounce.
Support: 1.1600, 1.15946, 1.1580
Resistance: 1.1628, 1.1645, 1.16645
What it said to watch
H1 close back above 1.1645 NY high would neutralise the lower-high structure
Loss of 1.16000 psych opens a retest of the 1.1594 week low
Hawkish Fed tone from Schmid/Daly remarks keeps USD bid into tomorrow's data
EURUSD has carved a steady sequence of lower highs since Monday's open near 1.1670, with the sharpest leg down printed during Tuesday's NY session into 1.1595 week low. Today's NY session produced a recovery into 1.1645 but sellers stepped in there, and price has since drifted back to session low at 1.1619 with RSI(14) flattening in the low 40s. Hawkish Fed commentary from Schmid and Daly during the session capped the bounce.
Support: 1.1619, 1.1595, 1.1608
Resistance: 1.1645, 1.1670
What it said to watch
H1 close above 1.1645 NY high would break the lower-highs sequence
Loss of 1.1619 session low opens path back to 1.1595 week low
US NFP tomorrow could materially shift this read
18:01 UTC
Downtrend, attempting to base · RSI 45 · price 1.16204
Lower highs from Monday, holding above 1.1595 swing low.
EURUSD has trended lower from Monday's 1.1683 print, posting successive lower highs into the 1.1665 and 1.1645 levels with the week low set at 1.1595 during yesterday's NY session. The current NY session bounced from 1.1598 to 1.1645 before rejecting, and price is back below the EMA20 with RSI(14) drifting under 50. Net read: corrective bounce inside a downtrend, with the 1.1645 supply having held.
Support: 1.1619, 1.1595, 1.1565
Resistance: 1.1645, 1.1665, 1.1683
What it said to watch
Hourly close above 1.1645 reopens the 1.1665 prior high
Loss of 1.1619 intraday low puts the 1.1595 week low back in play
NFP tomorrow could materially shift this read
17:56 UTC
Downtrend, attempting base · RSI 47 · price 1.16228
Lower highs since Monday, basing near 1.1600.
EURUSD has bled lower since Monday's 1.1668 open, carving a sequence of lower highs into the 1.1595 week low set during Wednesday's NY session. Two tests of the 1.1600 psych held and price has reclaimed EMA20 and EMA50, with this morning's NY session pushing back to 1.1645 before rejection at the prior high. RSI(14) has cycled out of oversold but stalled mid-50s on the bounce.
Support: 1.1600, 1.15946, 1.1550
Resistance: 1.1628, 1.1645, 1.16645
What it said to watch
H1 close above 1.16450 prior high opens room toward 1.16645 week open
Failure to hold 1.1600 psych confirms continuation toward 1.1550
US NFP risk in the next 24h could materially shift this read
Lower highs into 1.1595 low, corrective bounce in play.
EURUSD has been in a stair-step downtrend since Monday's open at 1.1672, printing a week low at 1.1595 during yesterday's NY session before basing through the Asia session. The bounce off 1.1595 and 1.1608 forms a double bottom, with price reclaiming EMA20 and EMA50 into the NY session today and tagging 1.1645 before fading back to 1.1628. RSI lifted off oversold with bullish divergence on the second low, but the broader structure of lower highs from 1.1673 remains intact until 1.1655 gives way.
Support: 1.1622, 1.1608, 1.15945
Resistance: 1.1645, 1.1655, 1.1673
What it said to watch
H1 close above 1.1655 breaks the lower-high sequence and opens 1.1673 week high
Loss of 1.1622 session low puts 1.1608 swing low and 1.1595 week low back in play
Fed-speak risk: Daly comments already weighing on EUR; further hawkish lines could pressure the bounce