Price recovered through the week from Tuesday's 1.1576 low into a 1.1640–1.1650 ceiling, with the NY session yesterday rejecting the week high at 1.16504 and dragging price back under EMA(20). Current consolidation around 1.1630 sits between session low 1.16169 and the near pivot at 1.16350, with RSI(14) flattening in the mid-40s after losing the prior bullish slope. The dollar tone stayed firm into Asia after Kashkari's hawkish lean and Citadel's Fed-behind-the-curve commentary.
Support: 1.16169, 1.15976, 1.1576
Resistance: 1.16504, 1.16448, 1.1635
What it said to watch
Hourly close back above 1.16350 reopens the week high at 1.16504
Loss of session low 1.16169 exposes the prior low at 1.15976
BoJ Ueda and RBNZ decision in the Asia session could shift broad USD tone
Higher lows since Monday low, capped under 1.1650.
Recovery off last week's 1.1576 swing low has carved a clean sequence of higher lows into this week's 1.16524 high, but the last two NY sessions stalled under 1.1644 and rolled into a slow drift. Price now sits back below EMA(20) with RSI(14) flat near 47, consolidating just above the session low at 1.16161. Hawkish Kashkari and ECB-hawk Schnabel headlines have left the pair two-sided rather than directional.
Support: 1.16161, 1.15819, 1.1576
Resistance: 1.1644, 1.16524
What it said to watch
H1 close above 1.1644 reopens the week high at 1.16524
Loss of session low 1.16161 exposes 1.15819 week low
BoJ/Ueda and Asia session risk could shift the read
EURUSD rallied off the 1.1576 swing low into Monday's session, printing a week high at 1.16524 before stalling. Price has since drifted back to 1.1632, slipping under EMA(20) on H1 with RSI(14) flat around 47 — a controlled pullback, not a reversal, with the session low at 1.16161 holding so far. Kashkari's hawkish Fed commentary and a firmer USD bid on Middle East headlines explain the fade off the highs.
Support: 1.16161, 1.15819, 1.1576
Resistance: 1.16484, 1.16524
What it said to watch
Hourly close below 1.16161 session low opens 1.15819 week low
Reclaim of 1.16484 Mon high re-engages the 1.16524 week high
BoJ Ueda and Fed-speak in Asia session could shift USD tone
Higher highs broken, now retracing from 1.1652 week high.
Price recovered sharply from last week's 1.1576 low into a 1.1652 week high during yesterday's NY session, but the move has stalled with two H1 closes back below EMA20. NY session today drove a clean rejection from 1.1644 down to 1.1617, and the late-session bounce is sitting just under EMA20 with RSI rolling at 42. Dollar bid on Hormuz/Iran headlines is the obvious catalyst capping the bounce.
Support: 1.16169, 1.1594, 1.1576
Resistance: 1.1635, 1.16504, 1.16524
What it said to watch
H1 close back above 1.1635 EMA20 reopens the 1.1650 week high
Break of 1.1617 session low exposes 1.1594 week low
Kashkari hawkish hike commentary keeping USD bid into Asia
Price rebounded off the 1.1576 swing low last week and has held above EMA(50) since, building higher-lows into this-wk cap around 1.1645–1.1652. NY session today rejected that cap and dragged price back below EMA(20) into session low at 1.1617, with RSI(14) rolling under 50. Middle East headlines reviving USD demand are explaining the late-session fade.
Support: 1.1617, 1.1594, 1.1576
Resistance: 1.1645, 1.16524
What it said to watch
H1 close below 1.1617 session low opens path to 1.1594 week low
Reclaim of 1.1645 this-wk cap restores the higher-high sequence
Ongoing Hormuz/Iran headlines could materially shift this read
18:00 UTC
Range, momentum fading from week high · RSI 41 · price 1.16236
Consolidation below 1.1650 weekly high.
EURUSD pushed to a week high at 1.1652 during yesterday's NY session before stalling and rolling back through both EMAs. Today's NY session saw a clean rejection from 1.1644 and a slide to 1.1616, with RSI(14) leaving a bearish divergence against the higher price peak. Price now sits mid-range between the week low at 1.1582 and the week high, with Middle East risk headlines reviving USD demand.
Support: 1.16161, 1.15819, 1.1576
Resistance: 1.16524, 1.16448, 1.16297
What it said to watch
H1 close below 1.1616 session low opens path to 1.1582 week low
Reclaim of EMA20 near 1.1636 would neutralise the rejection read
Ongoing Hormuz / Iran headline risk could materially shift this read
Higher highs into 1.1650, now rolling off resistance.
EUR/USD pushed up to a week high of 1.1650 during yesterday's NY session before fading, with the Hormuz-driven USD bid through today's NY hours dragging price back through EMA(20) and EMA(50). RSI(14) printed a bearish divergence at the 1.1650 retest and has since slid to the high-30s as the pair tests the 1.1617 session low. Structure remains a series of higher lows off 1.1576, but the rejection at 1.1650 has paused the advance.
Support: 1.1617, 1.1576, 1.1540
Resistance: 1.1650, 1.1644, 1.1635
What it said to watch
H1 close below 1.1617 session low opens path to 1.1576 week low
Reclaim of EMA20 near 1.1635 would neutralise the rejection read
Further Middle East / Hormuz escalation could extend the USD bid
16:00 UTC
Uptrend, momentum fading · RSI 41 · price 1.16239
Weekly high rejected, pullback in progress.
EURUSD recovered the early-week dip to 1.1576 and pushed to a week high near 1.1652 during the NY session, but supply has capped each retest and the late-NY hours faded back to 1.1624. RSI(14) has rolled to the low 40s while higher closes failed to extend, leaving a bearish divergence into the week high. Price now sits below the H1 EMA(20) with the session low at 1.1617 the immediate pivot.
Support: 1.16169, 1.16022, 1.15819
Resistance: 1.16448, 1.16524, 1.16355
What it said to watch
Hourly close below 1.1617 session low opens the prior swing at 1.1602
Reclaim of the EMA20 around 1.1635 would neutralise the pullback
Loss of 1.1582 week low confirms a lower-low on the H1
15:00 UTC
Uptrend stalling near range top · RSI 42 · price 1.16229
This-week range 1.1576-1.1652, holding upper half.
Pair reopened Monday's NY session strong, pushing into 1.1652 before sellers capped two attempts at the week high. Today's NY hours have rolled price back through EMA(20) with a clean rejection from 1.1644 and an extension into 1.1617, putting the week's range mid-point back in play. RSI(14) has cooled from 60s to low-40s while price holds above Friday's low, leaving the range read intact for now.
Support: 1.16169, 1.16022, 1.1576
Resistance: 1.16484, 1.16524
What it said to watch
H1 close below 1.1602 (fri low) opens a retest of the 1.1576 week low
Reclaim of 1.1648 (mon high) shifts focus back to the 1.1652 week high
BBH note flags 1.1682 / 200-day MA as the wider cap above this week's range