EUR/USD AI Live Scan, 4-hour chart, Friday, 6 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.
18:01 UTC
Downtrend leg inside a broader range · RSI 31 · price 1.11474
Lower high at 1.1268, neckline 1.1203 broken.
EURUSD put in a double top at the nov high of 1.1273 and the 1.1268 lower high. It then broke the 1.1203 neckline, just above the 1.12 pivot, and slid to the nfp low at 1.1131 after the 165K payrolls beat and hotter wages revived Fed hike pricing. Price now sits below both EMA20 and EMA50 in the lower third of the 1.1104–1.1273 multi-week range. ATR(14) has expanded to around 31 pips, and RSI near 31 is approaching oversold without diverging.
Support: 1.11308, 1.11042
Resistance: 1.1175, 1.12028, 1.12728
What it said to watch
H4 close below the oct low at 1.1104 breaks the multi-week range floor
Recovery above the range base at 1.1175 (early-week lows) eases the downside leg
Reclaiming the 1.12 pivot at 1.1203 would neutralise the double top read
Hold of the nfp low at 1.1131 alongside RSI divergence would point to the measured move being exhausted
US CPI Tue 13:30 UTC and Eurozone HICP Wed 07:00 UTC could materially shift this read
Lower highs off the 1.1273 week high; price testing fib 61.8 of the 1.1104-1.1273 rally.
The rally from the 1.1104 window low ran into rejection at the 1.1273 week high on Wednesday. Since then the pair has printed successive lower highs at 1.1268 and 1.1244, and has now slipped back to the fib 61.8 retracement near 1.1167 as a risk-off USD bid built into payrolls and a soft EZ retail print weighed. Price sits below both EMAs with ATR(14) near 29 pips, and the broader structure is still a 1.1104-1.1273 range, with 1.1200 as the round number overhead.
Support: 1.1167, 1.1150, 1.1104
Resistance: 1.1200, 1.1237, 1.1273
What it said to watch
Oct NFP (just released, actual not yet in feed) could materially shift this read; a soft print risks a fast reclaim of the 1.1200 round number
H4 close below the fib 61.8 at 1.1167 exposes the 1.1150 swing low, then the 1.1104 window low
Reclaim of 1.1200 and the lower-high trendline puts the 1.1237 prior high back in play
EZ HICP on Wed Nov 11 and EZ CPI/Q3 GDP on Nov 13 are the next event risks for ECB hike pricing
Double top at 1.1273/1.1268, neckline 1.1212 broken.
EURUSD has carved a double top at 1.1273/1.1268 after Wednesday's post-election spike. The drop through the 1.1212 neckline also broke the rising higher-low line from the Oct 29 low as haven USD demand returned on the equity sell-off. Price is now testing the 61.8% fib of the 1.1104–1.1273 rally near 1.1170, below both EMAs and capped by lower highs at 1.1268 and 1.1243, while ATR(14) near 33 pips is steady rather than compressing.
Support: 1.1170, 1.1136, 1.1104
Resistance: 1.1212, 1.1243, 1.1273
What it said to watch
H4 close below the 61.8% fib at 1.1170 exposes the 1.1136 swing low and then the 1.1104 window low
Recovery back above the 1.1212 neckline undercuts the double top read; the 1.1243 lower high is the next cap
Only a close above the 1.1273 window high restores the higher-high sequence
US October jobs report at 13:30 GMT (NFP f/c 65K) could materially shift this read; a print above ~100K extends USD demand, while a soft print opens a retest of the neckline
06:02 UTC
Uptrend stalling, rolling over from 1.1273 · RSI 47 · price 1.11993
Double top 1.1273/1.1268, neckline 1.1212 giving way.
Higher lows from the 1.1104 base carried price to a double top at 1.1273/1.1268 after Wednesday's post-midterm USD sell-off. The firmer-dollar rebound since then has printed a lower high at 1.1244 and dragged price below the 1.1212 neckline and both EMAs. Price is now sitting on the rising trendline and just above the fib 50% retracement at 1.1188. ATR(14) near 34 pips is off this week's expansion but still elevated.
Support: 1.1188, 1.1175, 1.1136
Resistance: 1.1212, 1.1244, 1.1273
What it said to watch
H4 close below the fib 50% at 1.1188 and the range base at 1.1175 confirms the double top, exposing the 1.1136 swing low
Recovery back above the 1.1212 neckline and EMA20 negates the breakdown; the 1.1244 lower high is the next cap
EMA20 is still above EMA50, but a bearish EMA cross would confirm the swing rollover
US NFP at 13:30 UTC (f/c 65K) could materially shift this read; a soft print reopens the 1.1273 double top
Higher-low sequence from the 1.1104 low (1.1136, 1.1175, then 1.1203) remains intact. The post-midterm USD sell-off carried price to a 1.1273 swing high just short of the 1.1300 round number. Since then, a 1.1268 retest and a 1.1244 lower high have compressed price into a 1.1203–1.1273 band. Price is straddling the flattening EMA20, holds above EMA50 and sits between the 23.6% and 38.2% retracements of the 1.1104–1.1273 leg. ATR(14) near 33 pips has eased from the mid-week expansion, consistent with consolidation into US payrolls.
Support: 1.1203, 1.1175, 1.1136
Resistance: 1.1244, 1.1273, 1.1300
What it said to watch
US NFP at 13:30 UTC today could materially shift this read; a print well above the 65K consensus would put the 1.1203 swing low under pressure
H4 close below the 1.1203 swing low breaks the higher-low sequence and exposes the 1.1175 higher low and the rising support line
H4 close above the 1.1244 lower high reopens the 1.1273 swing high, with the 1.1300 round number beyond
A loss of 1.1175 would expose the 1.1136 prior low and leave the 1.1104–1.1273 leg more than half retraced