Lower lows into 1.1325, consolidating off the low.
The week opened near 1.1466 Monday and ran four sessions of lower lows down to a 13-month low at 1.1325, driven by hawkish-Fed USD strength after in-line core PCE. Since the low, an oversold bounce has lifted price back above EMA20, with momentum recovering as the 1.1325 print held; the move stalled below the 1.1385 cap into the NY session. Above 1.1385 the next barrier sits at 1.1411.
Support: 1.1360, 1.1325
Resistance: 1.1385, 1.1411
What it said to watch
H1 close above 1.1385 opens the path to 1.1411
Loss of 1.1360 ema20 reopens the 1.1325 low
ECB speakers Fri-Sat and US Michigan sentiment could shift this read
22:01 UTC
Downtrend, bouncing off lows · RSI 53 · price 1.13724
13-month low printed, recovery into consolidation.
Since Monday's open EUR/USD sold off four straight sessions to a 13-month low near 1.13242, then bounced into the NY session to a wk high of 1.13877 before stalling. Price now consolidates just above EMA20 around 1.1372, with the recovery tracing higher lows off the base; a soft US PCE print drew the dollar back and aided the lift. RSI has cycled out of oversold and sits mid-range.
Support: 1.1366, 1.13329, 1.13242
Resistance: 1.13877, 1.1411
What it said to watch
Close above 1.13877 wk high opens the 1.1411 barrier
Failure to hold the higher low at 1.13329 reopens the 1.13242 13-mo low
Loss of ema20 support would stall the recovery
Eurozone HICP Mon and ECB speakers could shift this read
EUR opened the week near 1.1462 and bled lower across four sessions to a 13-month low at 1.1325, driven by hawkish-Fed USD strength. Buyers stepped in twice around 1.1325–1.1329 and the pair bounced into NY hours yesterday, but rallies have stalled below the 1.1384 bounce high. A softer US PCE print drew the dollar back at the margin, leaving price consolidating just above EMA20 near 1.1372.
Support: 1.13373, 1.1325
Resistance: 1.1384, 1.1411
What it said to watch
H1 close above 1.1384 opens the path to the 1.1411 barrier
Loss of 1.1325 confirms a lower low toward 1.1280
Eurozone HICP Mon could materially shift this read
Higher low off 13-month low, consolidating below bounce high.
EUR/USD spent the week trending lower on hawkish-Fed USD strength, printing a 13-month low near 1.1325 before demand stepped in. An in-line US PCE print today let the pair carve a higher low at 1.1333 and rally to 1.1388, with RSI(14) reclaiming the mid-50s and price now back above both EMAs. The move has since stalled, consolidating around 1.1373 just under the week high.
Support: 1.1333, 1.1325
Resistance: 1.1388, 1.1411
What it said to watch
Failure to hold 1.1325 13-mo low opens the path toward 1.1280
H1 close above 1.1388 week high targets the 1.1411 barrier
Eurozone HICP Mon and ECB speakers Fri-Sat could materially shift this read
EUR/USD fell four straight sessions this week into a 13-month low at 1.1324 before recovering; the rebound peaked at the 1.1384 week high and has since coiled around 1.1373 after an in-line US PCE print kept the dollar firm. Price now sits above the H1 EMA20 and EMA50 with RSI back near 55, but the 1.1384 cap has yet to give way.
Support: 1.1361, 1.13242
Resistance: 1.1384, 1.1411
What it said to watch
H1 close above 1.1384 wk high opens path toward the 1.1411 barrier
Loss of the 1.1325 13-mo low extends the downtrend toward 1.1280
ECB speakers Fri-Sat and Eurozone HICP Mon could materially shift this read
EUR/USD slid for four straight sessions from Monday's 1.1475 open to a 13-month low at 1.1325 before stabilizing. Price bounced through the NY session after in-line core US PCE (3.4% YoY) failed to extend dollar strength, with the recovery topping at 1.1387 and now consolidating around 1.1373 above the EMA(20). A higher low at 1.1333 against the 1.1325 base gives the recovery structure, with RSI(14) lifting off oversold.
Support: 1.1333, 1.1325
Resistance: 1.1387, 1.1411
What it said to watch
A close back below 1.1325 reopens the path toward 1.1280
Break above 1.1387 bounce high opens 1.1411
Michigan inflation expectations and Fed-speak next session could shift this read
20:01 UTC
Downtrend, recovering off lows · RSI 56 · price 1.13731
13-month low holding, bounce stalling near 1.1388.
EUR/USD fell for a fourth straight session from Monday's ~1.1475 open to a fresh 13-month low at 1.1325 before stabilising. Today's softer-than-feared headline PCE print sparked an oversold squeeze back toward 1.1388, lifting price above EMA20 with RSI(14) recovering to mid-50s. The pair is now consolidating around 1.1373, holding the lower end of the recovery as NY hours wind down.
Support: 1.1363, 1.1333, 1.1325
Resistance: 1.1388, 1.1411
What it said to watch
H1 close above 1.1388 bounce high opens the path to the 1.1411 barrier
Loss of the EMA20 near 1.1363 reopens the 1.1325 13-month low
Michigan inflation expectations Fri 14:00 GMT could materially shift this read
EUR/USD bottomed at the 1.1324 13-month low midweek and has since staged a short-covering bounce through the NY session, recovering back above EMA20 with in-line US PCE removing fresh downside fuel. The recovery high at 1.1388 lines up with the 38% retracement of the week's selloff, leaving the 1.1411 barrier as the next overhead test. RSI(14) has cycled back into the high-50s while price holds above the round 1.1350 level.
Support: 1.1350, 1.1324
Resistance: 1.1388, 1.1411
What it said to watch
H1 close back below 1.1350 reopens the 1.1324 13-month low
Acceptance above 1.1388 puts the 1.1411 barrier in view
Fed's Williams and Goolsbee speak today — could shift this read
EUR/USD slid for four straight sessions to a fresh 13-month low near 1.1324 before stabilising, with the second low around 1.1333 holding into the NY session. In-line US PCE sparked short-covering that lifted price back above EMA(20) and through this week's descending lower-highs. Resistance at 1.1384 capped the rebound, with price now consolidating just below it around 1.1373.
Support: 1.1361, 1.13242
Resistance: 1.1384, 1.1411
What it said to watch
Fed-speak (Williams, Goolsbee) today could materially shift this read
H1 close above 1.1384 opens the path toward the 1.1411 barrier
Loss of EMA(20) near 1.1361 re-exposes the 1.1324 13-month low
EUR/USD ground out four down-days along a string of lower highs into a fresh 13-month low at 1.1324, then put in a double base at 1.1333/1.1325 and bounced hard through the NY session after an in-line US PCE removed a downside surprise. Price has reclaimed the EMA20 with RSI lifting off oversold, but the 1.1388 session high capped the rally. The broader structure remains a downtrend until the prior lower-high sequence is broken.
Support: 1.1357, 1.13329, 1.13242
Resistance: 1.13877, 1.1411
What it said to watch
Hourly close above 1.1388 session high opens the 1.1411 barrier
Failure to hold 1.1333 swing low re-exposes the 1.1325 13-mo low
Loss of EMA20 would flag the bounce stalling
Fed speakers (Williams/Goolsbee) and Fri Michigan inflation could shift this read
4-day lower lows into 1.1324, now attempting a higher low.
EUR/USD sold off four straight sessions from Monday's 1.1480 area to a fresh 13-month low at 1.1324 as hawkish-Fed repricing kept the dollar bid; an in-line core PCE today removed the downside surprise. Since the print price has staged a short-covering bounce through the NY session, reclaiming EMA20 and tagging 1.1388 before easing to 1.1374. Demand stepped in twice near 1.1324/1.1333, leaving a tentative double bottom against the week's barrier at 1.1385.
Support: 1.1333, 1.1324
Resistance: 1.1385, 1.1411
What it said to watch
H1 close above 1.1385 opens the 1.1411 barrier
Failure to hold 1.1333 reopens the 1.1324 13-month low
Fed's Williams (19:40 UTC) and Goolsbee (22:30 UTC) could materially shift this read
EUR slid four straight days to a 13-month low near 1.1325 before short-covering into the NY session, helped by an in-line US core PCE (3.4% y/y) that removed fresh dollar fuel. The bounce reclaimed the 1.1370 prior cap with RSI(14) lifting off oversold; the session high near 1.1388 and the 1.1411 barrier are the next layers above. Twin lows around 1.1325 marked a double-bottom from which buyers stepped in.
Support: 1.1370, 1.1325
Resistance: 1.1388, 1.1411
What it said to watch
Failure back below 1.1370 reopens the 1.1325 wk low retest
H1 close above 1.1411 barrier extends the recovery
Fedspeak (Williams, Goolsbee) could shift this read in the next bars
Lower highs into 13-month low, then recovery off the base.
EUR slid four straight sessions to a fresh 13-month low at 1.1324 on hawkish Fed repricing, then carved a double base around 1.1325-1.1333 before the latest NY session drove a relief bounce back above the 1.1370 cap to 1.1384. In-line US core PCE removed fresh downside fuel, and price now sits above both H1 EMAs with RSI lifting toward 63. The broader weekly structure stays lower, but buyers stepped in twice at the base.
Support: 1.1373, 1.13242, 1.1360
Resistance: 1.1400, 1.1411
What it said to watch
Sustained move above 1.1400/1.1411 would extend the recovery
Failure to hold 1.1373 reopens the 1.1325 weekly low
Fedspeak (Williams 19:40 UTC, Goolsbee 22:30 UTC) could shift this read
EUR/USD slid for a fourth straight day to a fresh 13-month low at 1.1324 before basing, then carved a higher low near 1.1333 and rallied through EMA20/EMA50 into the NY session. The in-line US core PCE (3.4% y/y) denied fresh USD fuel, sparking short-covering off the lows. The 1.1385 cap that contained earlier this week's bounces is the immediate hurdle.
Support: 1.13329, 1.13242
Resistance: 1.1385, 1.14115
What it said to watch
H1 close above 1.1385 cap opens the path to the 1.14115 barrier
Failure to hold the 1.1333 higher low reopens the 1.1324 13mo low
Fed's Williams/Goolsbee remarks could materially shift this read
Lower highs into 13-month low, bouncing off 1.1324.
EUR/USD slid for a fourth day to a fresh 13-month low near 1.1324 before a sharp NY-session bounce after in-line US core PCE denied fresh hawkish fuel. Price has reclaimed EMA(20) with RSI lifting off oversold, stalling into the 38.2% retracement of the weekly drop around 1.1385. The broader weekly structure of lower highs remains intact, so this is a counter-trend recovery rather than a base.
Support: 1.13329, 1.13242
Resistance: 1.13838, 1.1385, 1.1411
What it said to watch
H1 close above 1.1385 cap opens the path toward 1.1411
Failure to hold 1.1333 reopens the 1.1324 13-month low
Fed's Williams (19:40 UTC) and Goolsbee (22:30 UTC) could shift this read
15:01 UTC
Downtrend, bouncing off lows · RSI 54 · price 1.13644
Lower highs/lower lows, relief bounce off 13-month low.
EUR slid for a fourth straight day into the 13-month low near 1.1324 on hawkish-Fed-driven USD strength, but in-line core PCE (3.4% y/y) sapped the dollar's edge and sparked a relief bounce back above EMA(20) to 1.1364. The two probes of the 1.1325 area held and price has since reclaimed the EMA(20), with RSI lifting off oversold as the lows held. The broader sequence of lower highs remains intact below 1.1372.
Support: 1.1325, 1.1338
Resistance: 1.1372
What it said to watch
Hourly close below 1.1325 reopens the 13-month low and extends the downtrend
Reclaim of 1.1372 session high needed to challenge the lower-highs structure
Fed's Williams (19:40 UTC) and Goolsbee Fedspeak could materially shift this read
Lower highs / lower lows, bounce off 13-month low.
EUR/USD fell for a fourth straight day, printing a fresh 13-month low at 1.1324 before stabilising. A softer headline PCE print (0.4% vs 0.5% f/c) into the NY session sparked a relief bounce off the lows, lifting price back above EMA(20) for the first time this week. The broader H1 structure remains a clean sequence of lower highs and lower lows; the 1.1372 area has capped each rebound attempt.
Support: 1.1325, 1.1337, 1.1280
Resistance: 1.1372, 1.1385
What it said to watch
Daily close below 1.1325 opens the path to 1.1280
Reclaim and hold above 1.1385 would break the lower-highs sequence
Fed's Williams (19:40 UTC) and Goolsbee speak today — could shift this read
EUR/USD extended this week's downtrend to 13-month lows under broad USD strength on the hawkish-Fed theme; in-line US PCE removed fresh upside fuel without sparking a reversal. Price bounced off the 1.1324 swing low but stalled below EMA(20) near 1.1356, with the 1.1370 area still capping. RSI(14) has recovered toward the mid-40s after dipping into oversold during the slide.
Support: 1.13329, 1.13242
Resistance: 1.1356, 1.1372
What it said to watch
H1 close back above 1.1370 would challenge the lower-high sequence
Failure to hold 1.1325 confirms a lower low and opens 1.1280
Fedspeak (Williams 19:40 GMT, Goolsbee 22:30 GMT) could shift this read
EUR/USD trended lower all week, sliding from Monday's ~1.1480 open to a 13-month low near 1.1325 and capping repeatedly below 1.1370 on hawkish-Fed USD dominance. An in-line US core PCE (3.4% YoY) removed fresh USD upside fuel, allowing a modest bounce off the 1.1325 pivot into the NY session, with a higher low forming at 1.1333. RSI(14) is cycling in the lower half and price sits just below EMA(20).
Support: 1.13329, 1.1325
Resistance: 1.1372, 1.1411
What it said to watch
H1 close above 1.1370 would break the descending lower-highs and open 1.1411
Failure to hold 1.1325 confirms a lower-low toward 1.1280
Fed's Williams (19:40 UTC) and Goolsbee (22:30 UTC) tone could shift this read
13:01 UTC
Downtrend, near 13-mo lows · RSI 34 · price 1.13366
Lower highs, lower lows; testing range floor.
EUR/USD has trended lower all week, sliding from 1.1480 Monday's open to a fresh 13-month low at 1.1325 as a hawkish-Fed repricing kept the dollar bid. A bounce into yesterday's NY session stalled at the 1.1370 weekly cap and price has since rolled back under EMA(20), printing a fresh session low near 1.1333. RSI(14) in the mid-30s reflects persistent downside pressure ahead of US PCE.
Support: 1.1333, 1.1325, 1.1280
Resistance: 1.1356, 1.1370, 1.1411
What it said to watch
H1 close above 1.1370 weekly cap would break the lower-high sequence
Close below 1.1325 13-mo low opens the 1.1280 path
US PCE today is the primary near-term driver of this read
EURUSD has trended down all week from Monday's 1.1480 open to fresh 13-month lows near 1.1325, with price pinned below both EMA20 and EMA50 on H1. A NY-session bounce stalled at the 1.1370 cap and price was knocked back into the lows after the US PCE print firmed the dollar. RSI(14) is cycling in the high-30s, reflecting persistent downside pressure rather than a turn.
Support: 1.1325, 1.1280
Resistance: 1.1370, 1.1411
What it said to watch
Break of 1.1325 opens the 1.1280 path
Reclaim of 1.1370 cap needed to ease downside pressure
Fed speakers Williams (19:40 UTC) & Goolsbee could shift the USD leg
EUR/USD has trended lower all week from Monday's open near 1.1471, printing fresh 13-month lows at 1.1325 — a dollar-led move on hawkish Fed repricing rather than EUR-specific news. A bounce into the NY session yesterday stalled at 1.1374 and price has rolled back below EMA20, sitting at 1.1344. RSI(14) is cycling in the low 40s with no confirmed bullish divergence off the low.
Support: 1.1325, 1.1280
Resistance: 1.1374, 1.1411
What it said to watch
H1 close below 1.1325 opens the 1.1280 path
US core PCE at 12:30 GMT is the dominant catalyst for the next bars
Reclaim of 1.1374 needed to threaten a bounce toward 1.1411
12:01 UTC
Downtrend, bounce fading · RSI 44 · price 1.13441
Lower highs into fresh 13-month low, capped bounce.
EUR/USD has trended lower since Monday's open near 1.1480, posting a four-day decline to a fresh 13-month low at 1.1324 on broad USD strength tied to hawkish Fed repricing. An oversold bounce stalled below the 1.1372 cap and price has rolled back under EMA20 toward 1.1344, keeping the lower-high sequence intact. RSI(14) lifted off oversold during the bounce but sits back near 44 as the pullback resumes.
Support: 1.1324, 1.1280
Resistance: 1.1354, 1.1372, 1.1411
What it said to watch
US core PCE at 12:30 GMT is the dominant catalyst and could materially shift this read
Hold below the 1.1372 cap keeps the lower-high structure intact
An H1 close below 1.1324 confirms continuation and opens the 1.1280 area
EURUSD spent the week grinding lower into a 13-month low at 1.1324 on the hawkish-Fed USD repricing, then stabilised and bounced into the NY session as RSI lifted off oversold while price carved a higher low — a bullish divergence against the lower close. Price has reclaimed EMA20 but sits under EMA50, and the recovery has so far stalled at the 1.1372 session high. Range between the 1.1324 base and the 1.1385 cap is defining the read for now.
Support: 1.13242, 1.13443
Resistance: 1.1372, 1.1385, 1.14115
What it said to watch
US Core PCE at 12:30 GMT today is the immediate catalyst and could materially shift this read
Loss of 1.1324 opens the path toward 1.1280
Close above 1.1385 cap would confirm the base and extend short-covering toward 1.1411
11:01 UTC
Downtrend, stabilising near lows · RSI 52 · price 1.13601
Lower highs and lower lows, bounce off 13-month low.
EUR slid through the week on USD-EU divergence and a hawkish Fed repricing, printing a 13-month low at 1.1324 before buyers stepped in and lifted price back above EMA(20). The bounce has stalled around the 1.1373 cap with RSI(14) recovering to mid-range, leaving price below EMA(50) inside a still-intact sequence of lower highs. US core PCE at 12:30 GMT is the session's pivotal catalyst.
Support: 1.1325, 1.1324, 1.1280
Resistance: 1.1373, 1.1385
What it said to watch
US PCE at 12:30 GMT could materially shift this read
Daily close below 1.1325 opens the path toward 1.1280
Reclaim of the 1.1385 cap would break the week's lower-high sequence
EURUSD trended lower through the week, sliding from 1.1480 to a Tuesday low at 1.1324 as the hawkish-Fed repricing kept the dollar bid. Price has since based and pushed back above EMA(20) into the NY session, with RSI(14) recovering off oversold and a string of higher lows building under 1.1372. US Core PCE at 12:30 GMT is the catalyst that could break this consolidation either way.
Support: 1.1357, 1.1324
Resistance: 1.1372, 1.1411
What it said to watch
H1 close above 1.1411 would break the lower-high structure
Failure to hold 1.1324 confirms continuation toward 1.1280
US Core PCE at 12:30 GMT could materially shift this read
EUR slid a third straight day from Monday's open near 1.1480 to a week low of 1.13242 before buyers stepped in, lifting price back above EMA(20) into the 1.1367 session high. The recovery has held above 1.1344 and RSI(14) has climbed off oversold to mid-range, but the 1.1372 session high has capped the latest attempt. The week's bias has been Fed-led, with broad USD strength into today's US PCE the dominant driver.
Support: 1.13443, 1.13242
Resistance: 1.1372, 1.1411
What it said to watch
US PCE at 12:30 GMT is the key catalyst and could materially shift this read
H1 close above 1.1372 opens the path toward the 1.1411 barrier
Failure to hold 1.13242 confirms a fresh lower-low
EUR/USD has bled lower all week, breaking its long-held 1.1400 floor as hawkish-Fed repricing drove the dollar higher; the move bottomed at 1.13242 before a corrective bounce reclaimed EMA(20). Price still sits below EMA(50) with RSI recovering off oversold near 47, and the rebound is stalling under 1.13708. The broken 1.1411 range floor now caps as overhead resistance.
Support: 1.13242, 1.1300
Resistance: 1.13708, 1.1411
What it said to watch
US Core PCE today 12:30 GMT is the dominant catalyst and could materially shift this read
H1 close above 1.1411 would invalidate the downtrend continuation read
Failure to hold 1.13242 confirms a fresh lower low toward 1.1300
EUR/USD has trended lower since Monday's open, a third straight down day driven by hawkish-Fed/USD repricing that pushed the pair through the long-held 1.1400 floor. Price bottomed at 1.1324 during the prior NY session and has since consolidated between 1.1350 and 1.1371, reclaiming EMA(20) but capped below EMA(50) near 1.1385. RSI(14) has lifted off oversold back to neutral as the slide pauses ahead of US PCE.
Support: 1.1350, 1.1324, 1.1300
Resistance: 1.1371, 1.1385, 1.1411
What it said to watch
US PCE today 12:30 GMT is the dominant catalyst and could reset this read
H1 close above 1.1411 would break the week's sequence of lower highs
Failure to hold 1.1324 confirms downtrend continuation toward 1.1300
EUR has trended lower all week, sliding from Monday's 1.1480 area to a 1.1324 week low as the hawkish-Fed repricing kept the USD bid. Price clawed back to 1.1371 into the NY session yesterday but stalled and is now drifting back toward EMA(20) near 1.1356, with RSI(14) cycling in the mid-40s — no longer oversold. The 1.1324 week low and 1.1371 session high frame the current consolidation.
Support: 1.1338, 1.13242
Resistance: 1.13708, 1.1380, 1.1400
What it said to watch
US PCE at 12:30 UTC is the key catalyst and could materially shift this read
H1 close below 1.13242 confirms a lower-low and reopens downside toward 1.1300
Reclaim of 1.13708 session high would mark a higher-high and stall the downtrend
08:01 UTC
Downtrend, bounce fading · RSI 47 · price 1.13549
Lower highs and lower lows since Monday.
EURUSD has trended lower through the week, slipping from Monday's ~1.1464 open and out of the old 1.14 range as the hawkish-Fed USD bid dominated. A NY-session bounce off the 1.1325 swing low stalled at 1.1371 and price is now back at the EMA(20) around 1.1355, still well below EMA(50). US Core PCE at 12:30 UTC is the dominant catalyst into the next sessions.
Support: 1.1325, 1.1300
Resistance: 1.1371, 1.1446
What it said to watch
US PCE at 12:30 UTC is the key swing for the next USD leg
Close above 1.1371 day high needed to challenge the lower-high sequence
Break below 1.1325 swing low exposes the 1.1300 psych level
EUR/USD has trended lower all week on Dollar-led divergence, printing a fresh ~1yr low at 1.1324 before buyers stepped in twice around that level into the NY session. Price has since recovered above EMA(20) with RSI lifting off oversold back toward 50, but it remains capped under EMA(50) and the descending sequence of lower highs. The 1.13708 day high marked the ceiling of the latest bounce.
Support: 1.13242, 1.1300
Resistance: 1.13708, 1.1450
What it said to watch
US Core PCE 12:30 UTC today is the dominant catalyst — could materially shift this read
Failure to hold 1.13242 confirms a lower low and opens the 1.1300 psych area
H1 close above 1.13708 day high would extend the corrective bounce toward 1.1450 minor res
Lower highs and lower lows, basing after fresh low.
EUR/USD has trended lower all week from Monday's ~1.1446 open, printing a fresh ~1yr low at 1.1324 as the Dollar-led hawkish-Fed repricing dominated. Price has reclaimed EMA20 on a modest bounce into early trade and RSI has lifted off oversold, but it remains below EMA50 with the broader structure of lower highs intact. The 1.1371 session high capped the recovery and price is consolidating just under it.
Support: 1.13242, 1.1300
Resistance: 1.13708, 1.1400
What it said to watch
US May Core PCE at 12:30 UTC is the dominant driver and could materially shift this read
H1 close above 1.1371 then 1.1400 would challenge the lower-high sequence
Failure to hold 1.1324 confirms continuation toward 1.1300 psych
EUR/USD slid a third straight session to a one-year low near 1.1324 on broad USD strength after the Fed's hawkish repricing, with the move almost entirely a dollar-yield story. Price has based around 1.1325-1.1338 and ground back above EMA(20) into the current NY session, RSI(14) lifting off oversold toward 50. The 1.1400 range top remains the level EUR must reclaim to challenge the broken range.
Support: 1.13242, 1.1338
Resistance: 1.13708, 1.1390, 1.1400
What it said to watch
US Core PCE at 12:30 UTC is the dominant catalyst and could materially shift this read
H1 close below 1.13242 confirms a fresh lower-low and reopens 1.1300
Reclaim of 1.14000 needed to neutralise the down-leg
EUR/USD slid a third straight session to a one-year low near 1.1325 as the dollar pressed to multi-month highs on firm Fed hike bets, but the last day has carved a base with rising lows back toward 1.1370. Price has reclaimed EMA(20) and RSI(14) has lifted off oversold while the 1.1325 low held twice, leaving a bullish divergence on the chart. The broader structure stays bearish below the broken 1.1400 range top.
Support: 1.1325, 1.1300
Resistance: 1.1372, 1.1400
What it said to watch
Core PCE at 12:30 UTC is the dominant catalyst and could materially shift this read
H1 close above 1.1400 would reclaim the broken range top
Failure to hold 1.1325 confirms a lower low and opens 1.1300
EUR/USD has trended lower all week, breaking the broken 1.1400 range floor and pressing a one-year low at 1.13242 during yesterday's NY session, a USD-driven slide on firm Fed hike bets. The last several bars have clawed back above EMA(20) toward 1.1370 as a short-cover bounce off deeply oversold levels, with RSI(14) lifting off its trough while price held a higher low. Resistance at 1.1390 and the 1.1400 broken floor cap any recovery; EMA(50) sits well overhead near 1.1446.
Support: 1.1353, 1.13242, 1.1300
Resistance: 1.1390, 1.1400, 1.1446
What it said to watch
US Core PCE at 12:30 UTC is the dominant catalyst and could materially shift this read
Reclaim of 1.1400 would challenge the lower-high structure
H1 close back below 1.13242 confirms a fresh lower low, opening the 1.1300 pivot
EUR/USD slid a third straight session to a one-year low near 1.1324 on broad USD strength after the Fed's hawkish repricing, with the prior 1.1400 floor now acting as a cap. Price has clawed back above the H1 EM(20) through the latest sessions and the 1.1324 print came with RSI holding higher than the earlier 1.1338 low — a bullish divergence consistent with a short-cover bounce in a deeply oversold market. The recovery remains below the falling EMA(50), keeping the broader down-leg intact.
Support: 1.1353, 1.13242, 1.1300
Resistance: 1.1400, 1.1445
What it said to watch
Core PCE cluster at 12:30 UTC is the dominant catalyst and could materially shift this read
H1 close above 1.1400 reclaims the broken range and challenges the down-leg
Failure to hold 1.1324 confirms a fresh lower-low toward the 1.1300 pivot
EUR/USD has fallen a third straight session since Monday's open near 1.1480, breaking below the 1.1400 round number as the dollar pushed to one-year highs on hawkish-Fed repricing. Price carved a fresh week low at 1.1324 in yesterday's NY session and has since stabilised, now holding just above the H1 EMA20 with RSI(14) recovering off oversold toward 51. The bounce remains capped under the 1.1380 prior-high cluster, leaving the down-leg's structure intact.
Support: 1.1352, 1.13242, 1.1300
Resistance: 1.1380, 1.1400
What it said to watch
Reclaim of 1.1400 round number needed to ease the downside read
Hourly close below 1.1300 psych confirms a lower low, opens 1.12
US Core PCE Thursday 12:30 UTC could materially shift this read
EUR slid a third straight session to a one-year low near 1.1324 as the dollar pushed to fresh highs on hawkish-Fed repricing — a USD-driven leg, not EUR weakness. Price has since based above 1.1350 and is grinding back toward EMA(20), with RSI(14) lifting off oversold and printing a mild bullish divergence against the 1.1324 low. The broken 1.1400 range top remains the line EUR must reclaim for any meaningful recovery.
Support: 1.1353, 1.13242, 1.1300
Resistance: 1.1368, 1.1400, 1.14503
What it said to watch
H1 close above 1.1400 invalidates the breakdown read and reopens 1.1450
Loss of 1.1324 confirms continuation toward the 1.1300 pivot
US Core PCE (Thu 12:30 UTC) is the dominant near-term catalyst for this pair
EUR/USD has trended lower all week, sliding from Monday's 1.1480 area to a fresh one-year low at 1.1324 as the dollar pushed to 1yr+ highs on hawkish-Fed repricing. Price has based since the NY session, bouncing to 1.1367 and now consolidating around 1.1355 just above a flattening EM(20); RSI(14) has lifted off its lows toward 45 as the down-leg loses pace. Lower highs from the 1.1480 peak remain the dominant H1 structure.
Support: 1.13242, 1.1338
Resistance: 1.13675, 1.1380, 1.1400
What it said to watch
H1 close above 1.1380 then 1.1400 pivot would break the lower-high sequence
Loss of 1.1324 confirms continuation to fresh lows
US Core PCE Thu 12:30 UTC is the key catalyst that could shift this read
German GDP / GfK today could pressure or squeeze the oversold EUR
EUR/USD fell a third straight day into 1.1324, a one-year low, as the dollar pressed multi-month highs on hawkish-Fed repricing; the descent stalled into the Asia session with price basing 1.1340–1.1360 and reclaiming EMA(20). RSI(14) has lifted off oversold while price holds a tight range above the lows, but each rally this week has stalled at progressively lower highs. The 1.1367 area caps the latest bounce with the 1.1400 pivot the bigger hurdle overhead.
Support: 1.13242, 1.13377
Resistance: 1.13675, 1.1400, 1.1446
What it said to watch
H1 close below 1.1324 confirms a fresh lower-low and reopens the 1.1300 area
Reclaim of 1.1400 pivot would invalidate the lower-high structure
German GDP/GfK today and US Core PCE Thursday could materially shift this read
EUR/USD extended its third straight day lower into Tuesday's NY session, sliding under 1.1400 to a one-year low at 1.13242 on the hawkish-Fed/widening yield-spread story. Price has since stabilised in a tight 1.1350-1.1368 band, with RSI(14) lifting off oversold but capped below 50. The week's prior range floor at 1.1400 now sits overhead as resistance.
Support: 1.13242, 1.1300
Resistance: 1.13675, 1.1400
What it said to watch
US Core PCE at 12:30 UTC is the key catalyst and could materially shift this read
Loss of 1.13242 exposes the 1.1300 bank target
H1 close above 1.13675 reopens the path toward 1.1400
EUR slid a third straight day under 1.1400 to a one-year low at 1.1324 in the NY session before basing; price has since coiled around 1.1354, clawing back above the H1 EMA(20) while staying well below EMA(50). The 1.14800 weekly peak to 1.1324 low remains the dominant move, with 1.13675 capping the bounce so far.
Support: 1.13242, 1.1349, 1.1300
Resistance: 1.13675, 1.1390, 1.1400
What it said to watch
US Core PCE at 12:30 UTC today is the key catalyst and could materially shift this read
Loss of 1.13242 confirms a fresh lower-low and exposes 1.1300
Reclaim of 1.13675 would break the run of lower highs
EUR extended a third straight day of losses, breaking 1.1400 to a one-year low at 1.13242 as hawkish-Fed/dovish-ECB divergence drove the dollar to 13-month highs. Price has since consolidated tightly around 1.1353 and reclaimed EMA(20), with RSI lifting off oversold while still below 50. Lower highs across the week remain intact and 1.13675 has capped the recovery.
Support: 1.13242, 1.13377
Resistance: 1.13675, 1.1380
What it said to watch
US Core PCE at 12:30 UTC is the dominant near-term catalyst for this read
H1 close below 1.13242 confirms a fresh lower-low
Reclaim of 1.13675 would challenge the week's lower-high structure
EUR/USD extended a third straight down day this week, breaking below the long-held range to a one-year low at 1.1325 on hawkish-Fed/dovish-ECB divergence. Since the breakdown price has stalled and is basing in a tight 1.1352–1.1368 band through the Asia session, with RSI(14) lifting off its lows toward 43. EMA(20) is now flattening just below price after capping every bounce this week.
Support: 1.1325, 1.1300
Resistance: 1.13675, 1.13803
What it said to watch
Loss of 1.1325 confirms continuation of the lower-low sequence toward the 1.1300 area
H1 close above 1.13675 breaks the descending lower-high line and opens 1.1380
US Core PCE in ~12h is the dominant catalyst and could shift this read
EUR/USD pressed a third straight session lower to a fresh ~1-year low at 1.1325 on broad USD strength and US-EU growth divergence, before stabilising in a tight 1.1350-1.1368 band into the Asia session. Price is hugging EMA(20) but capped below EMA(50), and RSI(14) has lifted off oversold as the descent flattened. The 1.1325 low and 1.1300 psych zone are the active downside markers while 1.13675 caps the bounce.
Support: 1.1325, 1.1300
Resistance: 1.13675, 1.1380, 1.1400
What it said to watch
H1 close above 1.13675 challenges the lower-high sequence and opens the 1.1400 broken-range pivot
Loss of 1.13250 confirms a lower-low toward the 1.1300 ING risk level
German GfK (06:00 UTC) and GDP (07:00 UTC) Friday could reshape this read
EUR/USD extended a third straight day of losses to a fresh ~1-year low at 1.13242 before stabilising, with the slide driven by broad USD strength on hawkish-Fed repricing. Price has held below EMA20 and EMA50 all week and is now consolidating in a tight 1.1350-1.1360 band into the Asia session, with RSI lifting off oversold. The 1.1400 broken-range pivot remains well above as overhead resistance; 1.13675 capped the recent bounce.
Support: 1.13242, 1.1300
Resistance: 1.13675, 1.1400
What it said to watch
Failure to hold 1.13242 confirms continuation of the lower-low sequence toward 1.1300
H1 close above 1.13675 would challenge the lower-high structure
German GfK and GDP later Friday could materially shift this read