EUR/USD faded from the 1.14140 session high through the NY session, unwinding the post-weekend bounce and grinding back to the 1.1367 week low. Price sits below EMA20 and EMA50 with RSI(14) rolling into the mid-30s; the 1.1400 pivot has capped since the drop. This mirrors the digest read — the hawkish-ECB story is priced while safe-haven USD demand into FOMC keeps EUR fragile.
Support: 1.1367, 1.13636, 1.1400
Resistance: 1.1414, 1.14177, 1.14354
What it said to watch
H1 close below 1.13636 confirms a lower low and extends the downtrend
Reclaim of the 1.1400 pivot needed to neutralise the lower-highs sequence
FOMC Wed 18:00 UTC is the dominant USD catalyst and can reset this read
EUR/USD pushed to 1.14177 after Monday's open but has bled lower through the week, printing successive lower highs and now grinding on weekly-low support near 1.1367. Price sits below EMA(20) and EMA(50) with RSI(14) capped under 45, consistent with the fragile bias the digest flags into FOMC. The 1.1400 pivot has capped every recovery attempt this week.
Support: 1.13664, 1.13636
Resistance: 1.1400, 1.14138, 1.14177
What it said to watch
H1 close below 1.13636 confirms a fresh lower-low and extends the downtrend
Reclaim of the 1.14000 pivot would neutralise the lower-high sequence
FOMC Wed 18:00 UTC is the dominant USD catalyst and can reset this read
After the weekend gap opened near 1.1390, EUR/USD pushed to 1.1414 early Monday before fading through the week's 1.1370 floor into the NY session, printing fresh lows near 1.1366. Price trades below EMA(20) with RSI(14) sub-40, momentum heavy as a firm safe-haven USD offsets the hawkish-ECB tone into FOMC. The prior 1.1370–1.1385 consolidation has flipped to overhead supply.
Support: 1.13664, 1.13636
Resistance: 1.13903, 1.14138, 1.1418
What it said to watch
FOMC Wed 18:00 UTC is the dominant USD catalyst and could materially shift this read
H1 close back above 1.1390 weekly open negates the breakdown
EURUSD has bled lower through the week, fading a Monday reopen near 1.1414 back to the 1.1367 week lows as a firmer USD reasserted into FOMC week. Price sits below EMA20 and EMA50 with RSI(14) hovering near 40, printing lower highs into each NY session. The 1.1414 area has capped every attempt this week, while demand around 1.1364/1.1370 is being retested.
Support: 1.1364, 1.1370
Resistance: 1.1385, 1.1414, 1.1418
What it said to watch
FOMC Wed 18:00 UTC is the dominant USD catalyst and could reset this read
H1 close below 1.1364 confirms a fresh lower low
Reclaim of the 1.1385 EMA20 would ease the downside pressure
21:02 UTC
Downtrend, pressing lows · RSI 38 · price 1.13673
Lower highs into three-week low.
EUR/USD rolled over from this week's 1.14138 high through the NY session, and is now pressing the 1.1369-1.1370 three-week low with price trading below EMA20. The slide extended after the DXY rebound the digest flags, and a weekend gap higher was fully unwound. RSI sits in the mid-30s as sellers hold the pair at range lows.
Support: 1.1367, 1.1364
Resistance: 1.1385, 1.1400, 1.1414
What it said to watch
H1 close below 1.1364 confirms a lower low
Reclaim of EMA20 near 1.1385 would ease the downside pressure
FOMC this week is the dominant driver and could reset this read
EUR/USD gapped higher at the week's open then unwound the entire move through the NY session, printing a string of lower highs back into the 1.1369-1.1370 three-week low. Price sits below EMA(20) and EMA(50) with RSI(14) near 38, and the German IFO beat drew no lasting bid as USD firmed into FOMC week. The 1.14138 week high and the 1.1418 Monday cap remain the levels overhead.
Support: 1.13665, 1.1350
Resistance: 1.1392, 1.14138, 1.1418
What it said to watch
Hourly close below 1.13665 confirms a fresh lower-low and opens 1.1350 psych
Reclaim of EMA(20) near 1.1392 would soften the downtrend read
FOMC decision Wed is the dominant driver and could reset this structure
20:01 UTC
Downtrend, pressing lows · RSI 40 · price 1.1370
Lower highs since Monday, testing 3wk low.
EURUSD rolled over from this week's 1.14177 high, printing a steady string of lower highs through the NY session and now grinding into the 1.1367 3-week low. Price trades below both EMA20 and EMA50 with RSI(14) parked in the high-30s, consistent with the soft tone since the weekend gap up faded. The 1.1400-1.1410 pivot capped Monday's push and remains the structural cap.
Support: 1.1367
Resistance: 1.1390, 1.1405, 1.14138
What it said to watch
H1 close below 1.1367 confirms a fresh lower-low
Reclaim of the 1.1400-1.1410 pivot invalidates the downtrend read
FOMC Wednesday is the dominant USD-leg risk for this read
20:01 UTC
Downtrend, lower highs · RSI 41 · price 1.1370
Descending, pressing week low.
EUR/USD rolled over from the 1.1435 week high and has printed a sequence of lower highs, with price now pressing the 1.1367 3-week low into the NY session. It has traded below both EMA20 and EMA50 since Friday's slide, and RSI(14) is holding in the low-40s without a fresh divergence. The 1.1400-1.1410 pivot has capped every bounce this week.
Support: 1.1367, 1.1350
Resistance: 1.1400, 1.1414, 1.1435
What it said to watch
H1 close below 1.1367 confirms a fresh lower low
Reclaim of the 1.1400-1.1410 pivot needed to negate the downtrend read
FOMC Wednesday is the dominant cross-asset risk for the USD leg
19:02 UTC
Downtrend, near week lows · RSI 36 · price 1.13695
Lower highs, testing week low.
The week opened near 1.1390 and popped to 1.14177 before the NY session sold it off steadily, printing a run of lower highs back down to the 1.13670 week low. Price sits below both EMA(20) and EMA(50) with RSI(14) depressed in the mid-30s. The 1.1400 pivot and weekly open capped the bounce as firm USD demand ahead of the Fed offset the risk-on/lower-oil EUR bid.
Support: 1.1367, 1.13636
Resistance: 1.1390, 1.1400, 1.14177
What it said to watch
Hourly close back above 1.13900 weekly open would ease the lower-high sequence
Failure to hold 1.13670 confirms a lower low into 1.13636
FOMC Wednesday is the dominant USD-side catalyst for this read
19:01 UTC
Downtrend, sitting on lows · RSI 38 · price 1.13695
Lower highs since Monday's high, retesting week lows.
EURUSD gapped up into Monday's session and tagged 1.14177, but has bled steadily lower through the week and now sits back on the 1.1367 low, below EMA20 and EMA50. The 1.1400 round number capped the pullback attempt during the NY session, consistent with the firm-USD-into-FOMC tone as the oil-driven risk-on bounce faded. Price is pinned at the base of the choppy 1.14 range with RSI holding near its lows.
Support: 1.1367, 1.13636
Resistance: 1.1400, 1.14177
What it said to watch
Hourly close below 1.13636 confirms a lower-low extension
Reclaim of 1.14000 round number would neutralise the downtrend read
FOMC Wed 18:00 UTC is the dominant USD catalyst and could reset this range
EUR faded from Monday's 1.1414 spike back toward the week lows near 1.1369 as the dollar clawed back ground into the FOMC, holding below EMA20 and EMA50 through the NY session. Lower highs have stacked up since the week open at 1.13903, and price is now grinding against the session low at 1.13683. Prior high at 1.13860 has capped each bounce this week.
Support: 1.13683, 1.13636
Resistance: 1.1386, 1.13903, 1.1400
What it said to watch
H1 close below 1.13636 confirms a fresh lower low
Reclaim of the 1.13903 weekly open would neutralise the lower-high sequence
FOMC Wed 18:00 UTC is the dominant USD-side catalyst and could reset this read
EUR reopened this week near 1.1390 and stalled at 1.14138 during the NY session before rolling over back toward the 1.1368 lows, keeping price below EMA(20) and EMA(50). The 1.1400 pivot capped the recovery — ING flagged rallies above it as 'optimistic' absent geopolitical de-escalation — and RSI(14) has slipped under 40 as the pullback fades. Supply repeatedly caps at 1.14 while demand around 1.1364/1.1368 has held so far.
Support: 1.13683, 1.13636
Resistance: 1.1400, 1.14138, 1.1392
What it said to watch
H1 close above 1.1400 pivot would neutralise the lower-high structure
Failure to hold 1.1368/1.1364 confirms a lower-low toward the week low
FOMC Wed 18:00 UTC is the dominant USD-side catalyst and could reset this read
17:02 UTC
Downtrend intraday, drifting off week high · RSI 44 · price 1.13791
Lower highs since today's high, pressing week lows.
Since the weekend gap open near 1.1390 EUR spiked to 1.1414 in early trade but has carved a series of lower highs through the NY session, sliding back toward the week's 1.1369 low. Price sits below EMA20 with RSI in the low-40s. Firm USD demand ahead of FOMC has capped the 1.14 bounce, consistent with the choppy 1.14 range holding.
Support: 1.1369, 1.1364
Resistance: 1.1394, 1.1414, 1.1435
What it said to watch
H1 close below 1.1369 confirms a lower-low and breaks the week's floor
Reclaim of the 1.1394 EMA20 needed to stall the slide
FOMC Wed is the dominant USD-side catalyst and could reset this read
EUR bounced through Monday's session to 1.1414 on the risk-on unwind and softer oil, but supply capped it at the 1.1400 psych pivot and price has rolled back toward 1.1379 into the NY session. Since Thursday's 1.1435 high the structure has printed successive lower highs, and RSI(14) sits sub-45 with price back below both EMAs. The 1.1369 week low is the downside marker as the choppy ~1.14 range holds into FOMC.
Support: 1.1369, 1.1372
Resistance: 1.1400, 1.1414, 1.1435
What it said to watch
FOMC Wed 18:00 UTC is the dominant catalyst and could reset this read
H1 close back above 1.1400 would neutralise the lower-high sequence
Failure to hold 1.1369 confirms a fresh lower-low for the week
EUR gave back this week's early gains, slipping from the 1.14354 high mid-week toward the 1.1369 lows on renewed USD demand ahead of the Fed. A weekend gap higher into 1.14177 faded through the NY session, leaving price back below EMA20/50 and pressing the lower end of the choppy 1.14 range. RSI(14) sits near 40 with momentum tilted lower as price probes the recent low.
Support: 1.1369, 1.13636
Resistance: 1.14138, 1.14354
What it said to watch
H1 close below 1.1369 confirms a lower-low toward the 1.13636 week low
Reclaim of 1.14138 would put the range top back in focus
FOMC Wed 18:00 UTC is the dominant USD-side catalyst for this read
16:01 UTC
Downtrend, pulling back from week high · RSI 39 · price 1.13744
Lower highs, testing week lows.
EURUSD opened the week with a gap higher near 1.1390 and popped to 1.14140, but the move was rejected and price has rolled back through the NY session to retest recent lows near 1.13670. It sits below both EMA20 and EMA50 with RSI(14) cycling in the high-30s. The ~1.14 pivot has capped the bounce, consistent with the digest's firm-USD-vs-hawkish-ECB standoff.
Support: 1.1367, 1.13636
Resistance: 1.1400, 1.1414
What it said to watch
H1 close below 1.13636 confirms a fresh lower low
Reclaim of 1.14000 needed to reopen the week high at 1.14140
FOMC Wed 18:00 UTC is the dominant USD-side catalyst; EUR HICP/GDP Thu could shift this read
EUR rolled over from the 1.14177 session high after the weekend gap and has slid steadily back toward the 1.1369 week low, trading below both EMA20 and EMA50 with RSI(14) pressing into the mid-30s. The 1.1400 pivot capped the bounce and dollar demand into the FOMC has pinned the pair, consistent with the choppy ~1.14 range read. Supply capped every push above 1.1414 across the last two sessions.
Support: 1.13686, 1.13636
Resistance: 1.1400, 1.14177
What it said to watch
H1 close below 1.13636 confirms a fresh lower-low
Reclaim of 1.1400 needed to neutralise the downside slide
FOMC Wed 18:00 UTC is the dominant catalyst for this pair
EURUSD gapped higher into Monday's open near 1.1390 and pushed to 1.14177, but the move faded through the NY session with a steady series of lower highs back toward the week lows. Price now sits below EMA20 and EMA50 with RSI(14) near 37 as demand around 1.1369 is being retested. The 1.1400 psych pivot capped the last bounce, consistent with the choppy ~1.14 range flagged into the FOMC.
Support: 1.13686, 1.13636
Resistance: 1.1400, 1.14138, 1.14354
What it said to watch
H1 close below 1.13686 confirms a lower-low and opens 1.13636
Reclaim of 1.1400 would neutralise the lower-high sequence
FOMC Wed 18:00 UTC is the dominant USD-side catalyst for this read
14:02 UTC
Downtrend, pullback from week high · RSI 39 · price 1.13714
Lower highs since week open, testing recent low.
EUR/USD reopened this week near 1.1390 and pushed to a 1.14138 week high before rolling over into a sequence of lower highs, now pressing the recent 1.1369 low. Price sits below both EMA20 and EMA50 with RSI(14) sub-40, and the 1.1400 pivot has capped every attempt higher since the reversal. The move reflects two-way 1.14 positioning ahead of FOMC, with soft-USD risk-on failing to hold the topside.
Support: 1.1369, 1.13636
Resistance: 1.1400, 1.14138, 1.14177
What it said to watch
H1 close below 1.1369 confirms a lower low toward the 1.13636 swing low
Reclaim of the 1.1400 pivot invalidates the lower-high sequence
FOMC Wed and Jul 30 Eurozone HICP/GDP could materially shift this read
14:02 UTC
Downtrend, rolling off week high · RSI 37 · price 1.13714
Lower highs since NY reversal, testing week low.
EUR/USD opened this week near 1.139 and pushed into the NY session to 1.1414 before rolling over; price has since bled back to the 1.1371 week-low area with RSI(14) sub-40 and trading below EMA20/50. The risk-on USD softness that lifted the pair Monday has faded on the tape, leaving a run of lower highs into the current test of support.
Support: 1.13708, 1.13636
Resistance: 1.1396, 1.1414
What it said to watch
Failure to hold 1.1371 confirms a lower-low toward 1.1364
H1 close back above 1.1396 EMA20 neutralises the downside pressure
FOMC Wednesday is the main catalyst that can shift this read
EURUSD gapped up ~20 pips into Monday's open and pushed to 1.14177 early, but the move faded through the session in a sequence of lower highs, dragging price back to 1.13822 below EMA(20) and EMA(50). The mid-week slide from 1.14354 to the 1.13636 week low was bought back, yet the recovery has struggled to hold above the 1.13903 weekly-open pivot. RSI(14) sits in the low-40s, tracking the intraday drift lower.
Support: 1.13695, 1.13636
Resistance: 1.13903, 1.14177, 1.14354
What it said to watch
H1 close below 1.13695 exposes the 1.13636 week low
Reclaim of 1.13903 then 1.14177 needed to re-engage the recovery
FOMC Wed 18:00 UTC is the dominant catalyst and could materially shift this read
Choppy trade around the 1.1400 pivot all week: early-week grind to 1.1435 was rejected, then price slid to the 1.1364 week low before a weekend gap up reset near 1.1390. This week's recovery stalled at the 1.14138 day high and price has since drifted back under EMA20 and the pivot, tracking the tentative EUR risk-on bid ahead of FOMC.
Support: 1.1376, 1.13636
Resistance: 1.1400, 1.14138
What it said to watch
H1 close back above 1.1400 pivot reopens the 1.14138 day high
Failure to hold 1.13760 swing low exposes the 1.13636 week low
FOMC Wed 18:00 UTC is the dominant cross-asset risk into this range
12:02 UTC
Range, drifting off highs · RSI 44 · price 1.13879
Capped below 1.1400 pivot, mid-range.
EUR/USD gapped higher into Monday's open and reclaimed 1.1400 on USD softness, tagging 1.14138 before fading back below the figure into NY hours. Two attempts at 1.14138 were rejected and price is now drifting toward the session low at 1.13862, keeping the week's 1.1364–1.1435 range intact. FOMC this week is the dominant catalyst and the pivot for whether 1.1400 is reclaimed or the range low is retested.
Support: 1.13862, 1.13636, 1.1370
Resistance: 1.1400, 1.14138, 1.14354
What it said to watch
H1 close back above 1.1400 pivot reopens the 1.14138 monday high
Failure to hold 1.13862 session low exposes the week low at 1.13636
EUR/USD gapped higher into Monday's open on USD softness (US-Iran diplomacy, lower oil) and briefly reclaimed 1.1400, tagging 1.14138 before fading back below the figure into NY hours. RSI sits mid-40s with price now under EMA20, echoing last week's failure to hold above 1.1400. The pair is coiling within the prior range with FOMC Wednesday the dominant pivot.
Support: 1.13695, 1.13636, 1.13324
Resistance: 1.1400, 1.14138, 1.14354
What it said to watch
H1 close back above 1.1400 reopens the 1.14138 week high
Failure to hold 1.1364 confirms a lower low toward the 1.1332 13m low
EUR/USD gapped higher into Monday's open, reclaiming 1.1400 and pushing to a week high at 1.14138 before fading back below the pivot on USD softness tied to Iran de-escalation hopes and a firm German IFO beat. Price now sits at 1.13954, just under 1.1400 with RSI(14) mid-range and price hugging EMA20 while holding above EMA50. The move stalled ahead of the FOMC, keeping this a range read between the 1.1400 pivot and this-week's higher lows.
Support: 1.1390, 1.1364, 1.1376
Resistance: 1.1400, 1.14138, 1.1435
What it said to watch
Sustained H1 close above 1.1400 reopens the 1.14138 wk high
Loss of 1.1390 weekly open exposes the 1.1364 week low
FOMC this week is the dominant near-term catalyst and could reset this read
EUR/USD gapped higher into this week's open near 1.1390 on USD softness (Iran diplomacy hopes, softer oil) after fading to a 3-week low near 1.1364 late last week. Price reclaimed 1.1400 and tagged 1.14138 before fading back toward the weekly open, holding just above EMA20/EMA50 with RSI(14) cycling around the mid-50s. The reclaim of 1.1400 is being tested rather than extended into the FOMC.
Support: 1.13903, 1.13695, 1.13636
Resistance: 1.14138, 1.14354
What it said to watch
FOMC decision Wednesday is the dominant near-term USD catalyst and could reshape this read
H1 close back below 1.13903 weekly open would negate the reclaim and reopen 1.13636 week low
Sustained close above 1.14138 week high needed to confirm continuation toward 1.14354
10:02 UTC
Choppy, ranging around 1.1400 · RSI 50 · price 1.13955
Gap up Monday, rejection below 1.1400.
EUR/USD gapped higher into Monday's open, reclaiming 1.1400 as a softer USD on US-Iran de-escalation hopes lifted the euro; the German IFO beat added a mild tailwind. The rally stalled at 1.14138 and price has slipped back below the 1.1400 pivot, now oscillating either side of EMA(20) with RSI(14) mid-range near 49. Two-way price action is holding this into the FOMC.
Support: 1.1386, 1.13695
Resistance: 1.1400, 1.14138
What it said to watch
Hourly close back above 1.1400 and 1.14138 opens the path higher
Failure to hold the 1.1386 gap zone exposes the 1.1367 wk low
FOMC this week is the dominant catalyst and could reshape this read
10:01 UTC
Recovering, capped at 1.1400 · RSI 48 · price 1.13955
Range under pivot after weekend gap up.
EUR/USD gapped higher at Monday's open, reclaiming 1.1390 and tagging 1.14138 in the early NY session as the dollar softened on US-Iran de-escalation hopes. That push faded back below the 1.1400 pivot, which has capped every attempt this week and remains the near-term ceiling. Price is now hovering on the EMA50 with RSI stuck near neutral into Wednesday's FOMC.
Support: 1.1394, 1.13636
Resistance: 1.1400, 1.14138, 1.14354
What it said to watch
H1 acceptance above 1.1400 pivot would reopen the 1.14138 week high
Loss of the 1.1394 EMA50 puts the 1.1364 week low back in play
FOMC Wednesday is the dominant catalyst and could reset this range
EUR/USD has clawed back from Thursday's slide to the 1.1364 week low, with buyers stepping in twice near 1.1364–1.1367 to form a double base. Monday's session has held above EMA20 and reclaimed the 1.1400 psych level, but the German IFO beat only produced a muted bid and 1.14138 has capped the recovery. Price is boxed between the 1.1400 pivot and this week's supply near 1.1414–1.1435.
Support: 1.1364, 1.13695, 1.1324
Resistance: 1.14138, 1.14354, 1.1400
What it said to watch
H1 close above 1.14138 opens the path back to 1.14354 week high
Failure to hold 1.1364 exposes the 1.1324 YTD low
FOMC next week is the dominant EUR/USD driver and could reset this range
EUR/USD sold off from 1.1435 into 1.1364 mid-week as a firm USD and strong US PMIs kept the euro pinned, then reclaimed the 1.1385 weekly-open area after a weekend gap up. Price is now pressing the 1.1400 psychological cap flagged in the digest, with a rejection back to 1.1401 after a probe to 1.14177. RSI(14) sits mid-range near 53 as the recovery stalls under 1.1414.
Support: 1.1385, 1.1364, 1.1324
Resistance: 1.1414, 1.1435, 1.1400
What it said to watch
H1 close above 1.1414 opens the path back toward 1.1435 prior high
Failure to hold 1.1385 weekly open re-exposes the 1.1364 week low
Eurozone Q2 GDP Thu 09:00 UTC and next week's FOMC are the dominant risks for this range
08:02 UTC
Recovery within broader downtrend · RSI 51 · price 1.13978
Double bottom base, capped at 1.1400.
EURUSD sold off from Tuesday's 1.1435 high to 1.1364, where a double bottom formed around 1.1364-1.1367. Price gapped up over the weekend to the 1.139 weekly open and rallied to a 1.14138 week high before rejection back to 1.1398, with the 1.1400 psych cap still holding — consistent with the digest's note that strong EUR PMIs failed to lift the pair. RSI(14) sits mid-range near 51 as price holds just above EMA20.
Support: 1.1390, 1.13645, 1.1324
Resistance: 1.1401, 1.14138, 1.14354
What it said to watch
H1 close above 1.14138 week high opens the path to the 1.1435 prior high
Failure to hold the 1.139 weekly open re-exposes the 1.1364 double bottom
German IFO today and FOMC Wed could materially shift this read
EUR/USD opened Monday with a weekend gap up from Friday's 1.1370 close and clawed back toward the 1.1400 cap, which has turned away every attempt this week. Wednesday's session drove the dominant move — a slide from 1.1435 to 1.1364 — and price has ranged beneath 1.1400 since, with PMI beats failing to lift the pair against a firm USD. The last bar rejected 1.1418 and slipped back to 1.1398.
Support: 1.13864, 1.13695, 1.13636
Resistance: 1.1400, 1.14138, 1.14354
What it said to watch
Hourly close above 1.1400 opens the path back to 1.14138 monday high
Loss of 1.13864 monday low exposes the 1.1370 gap floor and 1.1364 week low
German IFO ~08:00 UTC could shift the intraday read
EUR/USD carved a double bottom near 1.1364 into Monday's session, then gapped higher over the weekend break and reclaimed the 1.1400 handle. Price is sitting right at the 61.8% retrace of the 1.1435-1.1364 drop, holding above EMA20 with RSI near 56. The 1.1400 cap flagged in the macro read has been reclaimed, but 1.14138 capped the latest push higher.
Support: 1.1400, 1.13695, 1.13636
Resistance: 1.14138, 1.14354
What it said to watch
German IFO at 08:00 UTC could shift this read intraday
FOMC Wednesday 18:00 UTC is the dominant risk into midweek
H1 close above 1.14138 opens the path back to 1.14354
Failure to hold 1.1400 reopens the 1.1364 week low
07:02 UTC
Recovery off the lows, reclaiming 1.1400 · RSI 61 · price 1.14084
Double bottom base, higher lows into new week.
EUR/USD carved a double bottom near 1.1364-1.1367 across last week's sessions and has recovered to reclaim the 1.1400 psych pivot into the new week, trading above both EMA20 and EMA50. The bounce came despite the pair being pinned under 1.1400 most of last week as safe-haven USD demand offset strong Eurozone PMIs. Resistance at last week's 1.14140 high has yet to be cleared decisively.
Support: 1.1400, 1.1367, 1.13636
Resistance: 1.1414, 1.1430
What it said to watch
Sustained hold above 1.1400 keeps the double-bottom recovery intact; loss of it re-exposes 1.13670
German IFO 08:00 UTC and the FOMC decision Wed 18:00 UTC are the key risks to this read
H1 close above 1.14140 opens the path back toward 1.14300
06:02 UTC
Recovering off week lows, momentum building · RSI 57 · price 1.14073
Double-bottom base, gap higher into pullback.
EURUSD based twice near 1.1364 into Friday's close — a double bottom off the week low — before a weekend gap higher lifted price back to the 1.14138 session high. Price now holds around the 61.8% retrace of the week's down-swing from the 1.14354 week high, back above the 1.1400 psych pivot with EMA20 and EMA50 reclaimed. RSI(14) has cycled to mid-range as the recovery matures.
Support: 1.1400, 1.13864, 1.13636
Resistance: 1.14138, 1.14354
What it said to watch
German IFO at 08:00 UTC today could shift the read; FOMC Wed is the week's main event
H1 close above the 1.14138 session high opens the path toward the 1.14354 week high
Failure to hold 1.1400 psych exposes the 1.13864 weekly open
06:02 UTC
Recovery off week low, testing cap · RSI 56 · price 1.14073
Double bottom, higher lows into 1.1400.
EUR/USD carved a double bottom near 1.1364 mid-week and has recovered through a weekend gap up into Monday's session, now stalling at the 1.1400 psych cap. Price sits around the 61.8% retrace of the 1.1435-1.1364 down leg and holds above EMA20/EMA50, with RSI cycling back to the mid-50s. Friday's strong Eurozone PMIs failed to lift the pair, leaving 1.1400 as the pivot into today's German IFO.
Support: 1.1394, 1.1364, 1.1386
Resistance: 1.1400, 1.1414, 1.1435
What it said to watch
H1 close above 1.1414 opens the path back to 1.1435 week high
Loss of 1.1394 weekly open re-exposes the 1.1364 week low
German IFO at 08:00 UTC could shift the read around the 1.1400 cap
05:02 UTC
Recovering after this-week decline · RSI 55 · price 1.14022
Based near 1.1364, gapped up, testing 1.1400.
EURUSD based twice near 1.1364 into Friday's close, then gapped ~20 pips higher over the weekend and rallied to 1.14138 in early Monday trade before easing back to the 1.1400 pivot. Price is holding above EMA20 with RSI cycling mid-range after the recovery cleared this-week's descending lower-highs. The 1.1400 cap flagged by the hawkish-ECB-vs-firm-USD backdrop still frames the tape.
Support: 1.1400, 1.1370, 1.1364
Resistance: 1.14138, 1.1435
What it said to watch
H1 close above 1.14138 opens the path back toward the 1.1435 prior high
Failure to hold 1.1400 and the 1.1370 range base re-exposes the 1.1364 week low
German IFO today and Wed FOMC could materially shift this read
EUR/USD rebounded off the week's 1.1364 low, gapping higher into Monday's session open and pushing back above the 1.1400 pivot that capped the tape most of last week. RSI has recovered through 50 as price retraced roughly 70% of the prior selloff, but Monday's high at 1.14138 has stalled the bounce and the last few bars have drifted back toward 1.1400. The ECB's hawkish hold failed to lift EUR earlier in the week, leaving 1.1400 as the near-term battleground.
Support: 1.1400, 1.13636, 1.13324
Resistance: 1.14138, 1.14354
What it said to watch
German IFO at 08:00 UTC (~4h) could shift the EUR read
H1 close back below 1.1400 reopens the 1.13636 week low
Friday closed near the week low at 1.1364 after a mid-week slide from 1.1435; Monday gapped up and pushed through the 1.1400 pivot to 1.1414 before easing back to 1.1403. Twin lows around 1.1364 held into the weekend, and price now sits above EMA20 with RSI cycling back near 60. Digest notes EUR stayed capped under 1.1400 last week despite strong flash PMIs, so this reclaim is the structural change to watch.
Support: 1.1400, 1.1385, 1.1364
Resistance: 1.1414, 1.1435
What it said to watch
H1 close back below 1.1400 re-opens the 1.1385 EMA20 and 1.1364 week low
Sustained trade above 1.1414 opens the path toward the 1.1435 week high
German IFO 08:00 UTC and Wed FOMC could materially shift this read
The week sold off from 1.1435 into a double bottom near 1.1364 mid-week, with the ECB's hawkish hold failing to lift EUR as a firm USD and oil terms-of-trade capped the tape. Monday opened with a gap up and price has recovered through EMA20/50 to test the 1.1400 pivot flagged as the near-term cap. RSI(14) has cycled back to the mid-50s off oversold as buyers defended 1.1364 twice.
Support: 1.1400, 1.1388, 1.1364
Resistance: 1.1414, 1.1435
What it said to watch
H1 close back below 1.1400 reopens the 1.1364 double-bottom
German IFO at 08:00 UTC could shift the EUR read
FOMC Wed 18:00 UTC is the dominant risk for this pair
03:02 UTC
Recovery off week low, momentum building · RSI 61 · price 1.14063
Higher lows since week low, above EMAs.
EURUSD gapped higher over the weekend from 1.1370 and has extended through the 1.1400 psych level, reclaiming both EMAs after basing twice near 1.1364-1.1367. The week's dominant move was Wednesday's selloff from 1.14354 to 1.13636; price has now retraced roughly 60% of that leg with RSI cycling into the low-60s. The 1.1400 ceiling that capped EUR through last week per the macro read has flipped to intraday support on this bounce.
Support: 1.1400, 1.1390, 1.13636
Resistance: 1.14138, 1.14354
What it said to watch
German IFO at 08:00 UTC today can drive the next H1 leg
FOMC Wed 18:00 UTC is the week's pivotal event and could reset this read
H1 close back below 1.1400 fills the weekend gap and undermines the recovery
Break above 1.14138 opens the path toward 1.14354 week high
Last week sold from 1.14354 down to a 1.1364 base, printing a double bottom before the weekend gap opened this week near 1.1390. Since Monday's open buyers have reclaimed the 1.1400 psych level and pushed to a 1.14138 day high, with RSI(14) recovering above 55 and price back above both EMAs. The 1.1400 ceiling flagged in macro commentary is now acting as the pivot into a data-heavy week.
Support: 1.1400, 1.13903, 1.13636
Resistance: 1.14138, 1.14354
What it said to watch
Sustained H1 close above 1.14138 opens the path back to 1.14354 week high
Failure to hold 1.14000 reopens the weekly open at 1.13903 and the 1.13636 base
German IFO today and FOMC Wed are the key risk events for this read
02:02 UTC
Recovery off week low, momentum building · RSI 64 · price 1.14138
Double bottom, reclaiming 1.1400.
EUR/USD carved a double bottom around 1.1364 late last week — the 13-month low zone — before Monday's session opened with a gap higher and reclaimed the 1.1400 psych level, now trading 1.14138. Price sits above EMA20 and EMA50 with RSI(14) cycling into the low-60s; the recovery has retraced most of the prior drop from 1.14354. The 1.1400 ceiling flagged all week has flipped to near-term support on this bounce.
Support: 1.1400, 1.1370, 1.1364
Resistance: 1.1425, 1.14354
What it said to watch
Loss of 1.1400 on an H1 close reopens the 1.1370 fri close and 1.1364 week low
Break above 1.1425 prior high exposes the 1.14354 week high
German IFO 08:00 UTC and Wed FOMC could materially shift this read
02:02 UTC
Recovering off week low, near-term up · RSI 65 · price 1.14138
Higher lows since Thursday's low, breakout above 1.1400.
EUR/USD sank to the 1.1364 week low during Thursday's NY session as oil-driven dollar demand overrode strong EZ flash PMIs, then based and gapped higher into the Sunday open. Price has since pushed through the 1.1400 ceiling that capped the pair all week, printing higher lows off the low with RSI(14) firming into the mid-60s. The recovery is retracing roughly 70% of the Thursday drop from 1.1435.
Support: 1.1400, 1.13903, 1.13636
Resistance: 1.1420, 1.14354
What it said to watch
H1 close back below 1.1400 negates the breakout and reopens 1.1390 monday open
1.14200 prior high — area to watch for rejection or continuation toward 1.1435
German IFO today and FOMC Wed 18:00 GMT could materially shift this read
Loss of the 1.1364 week low confirms a fresh lower-low
EUR/USD slid from 1.1435 through the week to a 1.1364 base, staying capped below the well-flagged 1.1400 ceiling as oil-driven USD strength overrode strong EZ flash PMIs. A weekend gap up and steady recovery through the early session has price re-testing that 1.1400 level, with RSI(14) recovering to the low-60s and price back above both EMAs. The 1.1364/1.1367 area held twice, forming a double-bottom base.
Support: 1.13636, 1.1377
Resistance: 1.1400, 1.14354
What it said to watch
H1 close above 1.1400 opens the path back toward 1.1435 week high
Failure to hold 1.1364 confirms a fresh lower low
German IFO 08:00 UTC and Wed FOMC could materially shift this read
EURUSD sold off from the 1.14354 week high into a 1.13636 low through the NY session mid-week, then built a base around 1.1364-1.1367 before gapping higher into this week's open. Price has clawed back above EMA20 and is retesting the 1.1400 psych ceiling flagged as the cap while strong EZ flash PMIs failed to lift the pair beyond it. RSI(14) has recovered off oversold into the mid-50s as the base held.
Support: 1.1385, 1.13636, 1.13324
Resistance: 1.1400, 1.14126, 1.14354
What it said to watch
H1 close above 1.1400 opens the path back toward 1.14126 and the 1.14354 week high
Failure to hold the 1.13636 base confirms a lower low toward the 1.1324 pivot
German IFO today and Wed FOMC could materially shift this read
EURUSD slid from the 1.14354 week high into a Friday low near 1.13640 before basing twice around 1.1367, then gapped higher into Monday's open toward 1.1397. Price now sits back above EMA(20) with RSI(14) recovering to the mid-50s, but the 1.1400 area — repeatedly cited as the cap — has yet to be reclaimed after last week's dollar-led decline. Monday's early bars are thin and volume-light ahead of the week's risk.
Support: 1.1380, 1.1390, 1.1364
Resistance: 1.1400, 1.1424, 1.14354
What it said to watch
H1 close above 1.14000 opens the path toward 1.14240
Failure to hold 1.13800 reopens the 1.13640 week low
German IFO Mon 08:00 UTC and FOMC Wed could reshape this read
00:02 UTC
Downtrend, recovery off lows · RSI 56 · price 1.13975
Gap up into prior-week range after double-bottom base.
EUR/USD sold off through midweek from 1.1435 to a 1.1364 base, printing a matched double bottom before this week opened with a gap higher into 1.1390. Price has since ticked up toward the 1.1400 psych cap that held EUR sub-figure all last week, with RSI(14) recovering to the mid-50s and price back above both EMAs. The 1.1400 cap remains the pivot — flagged in context as the barometer for broad dollar strength.
Support: 1.1390, 1.1364
Resistance: 1.1400, 1.1435
What it said to watch
H1 close above 1.1400 opens the path back toward the 1.1435 week high
Failure to hold the 1.1390 gap open exposes the 1.1364 week low