Every read JAFX AI made on the EUR/USD weekly chart that day, newest first: trend, structure, the levels it marked and what it said to watch.
19:02 UTC
Uptrend matured into range · RSI 48 · price 1.15766
Multi-quarter range, lower half.
Range-bound between roughly 1.1500 and 1.1830 since mid-2025, after the strong Q1-Q2 rally off 1.02 stalled at the 1.2083 high. Price sits in the lower half of the range, pinned near 1.1576 and just below both W1 EMAs as EUR holds the 1.15-1.16 zone post-ECB hold. RSI(14) is mid-range and offers no extreme signal at this timeframe.
Support: 1.1500, 1.1410, 1.1400
Resistance: 1.1830, 1.2000, 1.2083
What it said to watch
- Weekly close below 1.1500 confirms a lower-low and opens the 1.1400 area
- Weekly close above 1.1830 re-engages the range top toward 1.2000
- FOMC Jun 17 (Warsh debut, dot plot) is the dominant cross-asset catalyst into next week
19:02 UTC
Uptrend stalled, range-bound · RSI 49 · price 1.15766
Multi-quarter range after rally, price in lower half.
EUR/USD ran from the 1.02 area in Q1 2025 to a 1.2083 peak in January 2026, and has since gone range-bound between roughly 1.1500 and the 1.1830 range top. Price now sits in the lower half of that range near rising EMA(50), with EUR pinned by lagging Eurozone growth against resilient US data. A held ECB hawkish hold cushions the downside but caps upside, leaving the macro structure intact but momentum flat.
Support: 1.1500, 1.1410
Resistance: 1.1830, 1.2083
What it said to watch
- Weekly close below 1.1500 opens the path toward the 1.1410 swing low
- Reclaim of 1.1830 range top needed to re-engage the prior high at 1.2083
- FOMC Jun 17 dot-plot is the dominant catalyst and could materially shift this read