EUR/USD AI Live Scan, 4-hour chart, Wednesday, 4 November 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.
22:01 UTC
Higher lows off the late-October base, stalling at neckline · RSI 53 · price 1.12233
Double bottom near 1.1104 with higher lows; neckline rejected at 1.1273.
EUR/USD has carved a double bottom off the 1.1104 double btm base, with higher lows at 1.1136 and 1.1175 tracing a higher-low line. Post-midterm USD selling lifted price into the 1.1250-1.1275 neckline zone. Wednesday's push to 1.1273 was rejected back to a 1.1213 pullback low, and price is now trading just below the 1.1260 prior high. ATR(14) has expanded to roughly 32 pips from about 20 mid-window, and price holds above both EMA20 and EMA50, with the 38.2% rally fib retracement near 1.1208.
Support: 1.1213, 1.1175, 1.1104
Resistance: 1.1260, 1.1273
What it said to watch
H4 close above the 1.1273 neckline confirms the double bottom and clears the 1.1260 prior high
Failure to hold the 1.1213 pullback low exposes the 1.1175 higher low and the higher-low line near 1.1194
Break below the 1.1175 higher low undoes the higher-low sequence and puts the 1.1104 double btm base back in view
Lagarde (Thu 12:00/16:00 UTC) and Friday's NFP (f/c 65K) could materially shift the neckline test
18:01 UTC
Uptrend off the lows, momentum pausing · RSI 56 · price 1.12345
Higher lows from 1.1104 double bottom; breakout level under retest.
The 1.1104 double btm base has produced a sequence of higher lows at 1.1136 and the 1.1175 higher low. Today's USD-led post-midterm rally pushed through the 1.1237 breakout lvl to a 1.1273 swing high, inside the 1.1250-1.1270 neckline zone. The latest bar faded back to retest 1.1237, with price holding above both EMAs and ATR(14) expanding to around 30 pips from sub-20 earlier in the window.
Support: 1.1237, 1.1175, 1.1104
Resistance: 1.1273, 1.1300
What it said to watch
H4 close back below the 1.1237 breakout lvl turns the push to 1.1273 into a false break
Break below the 1.1175 higher low breaks the rising-lows trendline and the higher-low sequence
H4 close above the 1.1273 swing high clears the neckline zone and opens the path to the 1.1300 round number
Lagarde Thu 12:00/16:00 GMT and EZ PPI could materially shift this read
US NFP Fri 13:30 UTC is the main USD risk to the double btm structure
Higher lows from 1.1104; double-bottom base at 1.1175 broken to the upside.
Higher lows have formed since the 1.1104 swing low (1.1136, then the double low at 1.1175). Price has broken the 1.1237 neckline and is pressing the 1.1265 window high, with the lift driven mostly by USD weakness after the US midterms rather than the in-line HICP print. ATR(14) has widened to about 31 pips on the breakout bars after a compressed base, and price holds above both EMAs. RSI near 68 is stretched but not yet overbought.
Support: 1.1237, 1.1175, 1.1104
Resistance: 1.1265, 1.1280, 1.1300
What it said to watch
H4 close back below the 1.1237 neckline would turn the breakout into a false break
Failure to hold the 1.1175 double low breaks the higher-low line and the base
H4 close above the 1.1280 4-week high opens the path toward the 1.1300 round number
US ISM Services at 15:00 UTC today could materially shift this read via the USD leg
Lagarde (Thu 12:00/16:00 UTC) on the hiking path is the main EUR-side risk to the breakout
10:00 UTC
Uptrend, testing window high · RSI 65 · price 1.12395
Higher highs and higher lows since the 1.1104 swing low.
Price has printed higher lows at 1.1136 and 1.1175 off the 1.1104 swing low, and Tuesday's USD selloff after the Democratic Congress sweep cleared the 1.1214 prior high. The surge tagged 1.1263, matching the early-window range top at the window high. Two bars since have wicked above 1.1250 without holding, so the close cap sits just under that level, with ATR(14) near 30 pips after the expansion bar.
Support: 1.12143, 1.11748, 1.11042
Resistance: 1.1250, 1.12625
What it said to watch
Eurozone HICP (10:00 UTC, core f/c 2.5%) could materially shift this read
ADP (13:15 UTC) and ISM Services (15:00 UTC) are the USD-side risk to the post-election move
H4 close above the 1.1263 window high opens a break of the three-week range
Slip back below the 1.1214 prior high puts price back inside the prior range
Loss of the 1.1175 higher low breaks the higher-low trendline sequence
Break below the 1.1104 swing low reverses the whole rebound
06:01 UTC
Uptrend, testing window high · RSI 72 · price 1.12575
Higher lows since 1.1104, breakout above 1.1237 consolidation.
Higher-low structure since the 1.1104 low (1.1136 higher low, then the 1.1175 range floor). Price broke out of the week's 1.1175-1.1237 consolidation in one expansion bar as USD sold off on the Democratic midterm sweep. It is now pressing the 1.1260 window high from mid-October, with the 1.1275 range top just above. ATR(14) has lifted to about 30 pips from a compressed low-20s regime, and RSI near 72 is in overbought territory.
Support: 1.1237, 1.1175, 1.1136
Resistance: 1.1262, 1.1275
What it said to watch
H4 close back below the 1.1237 breakout lvl would turn the move into a false break inside the old consolidation
A sustained break above the 1.1262 window high exposes the 1.1275 range top flagged as the ceiling
Eurozone flash HICP at 10:00 GMT (f/c 4.0%); a miss like Friday's national CPI could pull price back toward the range floor at 1.1175
US ADP and ISM Services today: strong prints could trigger a USD relief bounce
Loss of the 1.1136 higher low would break the rising higher-lows trendline structure
Higher lows from 1.1104 against lower highs from 1.1260, coiling.
After the slide from the 1.1260 Oct high to the 1.1104 swing low, EURUSD has printed higher lows at 1.1136 and 1.1175 while highs step down to the 1.1237 swing high, a contracting structure. Since Monday price has held a tight 1.1175–1.1209 band near the 38.2% retracement of the 1.1104–1.1237 rebound. ATR(14) near 26 pips is compressing despite hawkish ECB pricing and US midterm uncertainty. Price is pressing the range top above both EMAs into today's flash HICP.
Support: 1.1175, 1.1136, 1.1104
Resistance: 1.1209, 1.1237, 1.1260
What it said to watch
H4 close above the 1.1209 range top opens the 1.1237 swing high, then the 1.1260 oct high
Loss of the 1.1175 range floor breaks the higher-lows trendline and exposes the 1.1136 higher low
Break below the 1.1104 swing low would confirm a lower-low and reset the structure
Eurozone flash HICP at 10:00 UTC (f/c 4.0%, core 2.5%), plus ADP and midterm results, could break the compression