Higher highs since mid-window, now consolidating below 1.1565 cap.
EURUSD extended a ~1.6% recovery off the late-month 1.1353 low, printing fresh 3-week highs near 1.1559 before stalling. Price is now consolidating in the 1.1500-1.1559 band with momentum fading, buoyed this week by upbeat German factory orders and a soft-USD tone after weak ADP. RSI has cooled back to neutral and price has slipped below EMA20, though the EMA50 still supports from below.
Support: 1.1500, 1.1495, 1.1435
Resistance: 1.1559, 1.1565
What it said to watch
US NFP in the US session is the dominant swing factor for this read
H4 close above 1.1565 cap opens the path toward 1.1600
Loss of 1.1495 support would confirm a lower-low and break the consolidation lower
EUR/USD is in an uptrend off late-month lows near 1.1353, having rallied ~1.6% on EUR resilience and a softer USD after the weak ADP print, but progress has stalled with repeated highs capping around 1.1559-1.1565. Price is consolidating just below that ceiling and has pulled back to 1.1522, dipping under EMA20 while holding above EMA50. Momentum is fading into the release with RSI near neutral.
Support: 1.1500, 1.1478, 1.1455
Resistance: 1.1559, 1.1565
What it said to watch
US NFP tonight is the dominant swing factor for this read
H4 close above 1.1565 opens the path toward 1.1600
EURUSD extended a multi-day advance off the late-July 1.1353 base to a three-week high at 1.1559, a rally driven by soft US labour data (weak ADP) rather than domestic EUR strength. Price is now consolidating in the 1.1519-1.1559 band with momentum flattening as it stalls under the 1.1565 cap. ATR(14) has eased, consistent with the sideways drift into the NFP print.
Support: 1.1495, 1.1440, 1.1353
Resistance: 1.1559, 1.1565
What it said to watch
US NFP today (12:30 UTC) is the dominant driver and could materially shift this read
H4 close above 1.1565 opens the path toward 1.1600
Loss of 1.1495 pivot confirms a lower-low and shifts the read toward 1.1440
13:01 UTC
Uptrend, momentum slowing at range top · RSI 57 · price 1.15444
EUR/USD has ground higher off the late-month 1.1353 low, extending a clean higher-low sequence that accelerated after the soft US ADP print and pushed the pair to 3-week highs. Price is now consolidating in the mid-1.15s with repeated highs clustering at 1.1559, capping progress below the 1.1565 range top. ATR(14) is easing as the market coils under resistance ahead of Friday's US NFP.
Support: 1.1500, 1.1495, 1.1465
Resistance: 1.1559, 1.1565, 1.1630
What it said to watch
H4 close above 1.1565 range cap opens the path toward the 200-dma at 1.1630
Failure to hold the 1.1500 swing low would break the higher-low structure toward 1.1495 range low
US NFP on Friday is the dominant near-term driver and could materially shift this read
Higher highs / higher lows, consolidating near highs.
Uptrend intact with a clean higher-high/higher-low sequence since the 1.1353 swing low late-July; the leg is a weak-USD story after the soft ADP and ISM services misses. Price is now consolidating just below the 1.1592 seven-month high and the 1.1600 range top, with ATR(14) compressing after the impulse. EMA20 and EMA50 both track below price, aligned with the trend.
Support: 1.1500, 1.1450, 1.1353
Resistance: 1.1592, 1.1600, 1.1630
What it said to watch
H4 close above 1.1600 opens the path toward the 200-dma at 1.1630
Failure to hold the 1.1500 round level would break the rising higher-low structure
US NFP Friday is the dominant catalyst and could materially shift this read
EURUSD has extended a clean higher-high, higher-low sequence off the 1.1353 low, breaking out on USD softness after the 44K ADP miss and now pressing seven-week highs near 1.1559. Price is consolidating in a tight 1.1500-1.1560 band just under resistance with EMA20 above EMA50, and ATR remains elevated as the trend extends. The 1.1500 range floor is holding as demand steps in on dips.
Support: 1.1500, 1.1353
Resistance: 1.1559, 1.1630
What it said to watch
H4 close above 1.1559 opens the path to the 200-day near 1.1630
Failure to hold 1.1500 range floor confirms a lower-low
US NFP Fri 12:30 UTC could materially shift this read
01:01 UTC
Uptrend, pressing 7-month high · RSI 65 · price 1.15556
Higher highs / higher lows since 1.1353 low.
EURUSD is in a clear H4 uptrend, carving higher lows since the 1.1353 base and now pressing the 1.1559 seven-month high, with the leg largely USD-driven after this week's soft ADP (44K) and ISM Services miss. Price is consolidating in a tight band just under the high as ATR eases, and EMA20/EMA50 remain stacked below spot. The 1.1559 area is the pivot: absorption there has capped the last several bars.
Support: 1.1500, 1.1455, 1.1353
Resistance: 1.1559
What it said to watch
H4 close above 1.1559 opens continuation of the breakout
Failure to hold 1.1500 threatens the higher-low structure
US NFP Friday is the dominant catalyst and can reshape this read
Higher highs and higher lows, consolidating below 7mo high.
Uptrend intact with a clean run of higher lows since the late-Jan base near 1.1374; the late-week surge through 1.1500 was USD-driven after soft ADP and ISM Services prints. Price is now coiling in a tight 1.1500-1.1559 band with ATR(14) compressing, stalling right under the 1.1558-1.1559 seven-month high. Repeated closes near the highs without extension show supply capping the advance at that pivot.
Support: 1.1500, 1.1455, 1.1374
Resistance: 1.1559
What it said to watch
H4 close above 1.1559 opens the path to fresh multi-month highs
Loss of the 1.1500 psych floor would confirm a break of the consolidation lower
US NFP Friday 12:30 UTC is the dominant catalyst and could materially shift this read