EUR/USD AI Live Scan, weekly chart, Friday, 30 October 2026
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.
20:05 UTC
Downtrend since Jan 2026 high, extending to new lows · RSI 33 · price 1.11943
Lower highs from 1.2083; June 2026 floor at 1.1324 broken in Q3.
EURUSD has been in a downtrend since the late-January 2026 peak at 1.2083. It has carved lower highs at 1.1849 in April and 1.1711 in August, then broke the 1.1324 june low floor in late September. Price now sits well below the W1 ema50 near 1.1500 and is testing the 17m low at 1.1104, roughly a full retracement of the 2025 rally from the 1.1065 2025 low. EUR failed to hold gains on this week's Q3 GDP beat and the hawkish ECB hold, and a soft German HICP print weighed on the euro.
Support: 1.1104, 1.1065, 1.1000
Resistance: 1.1324, 1.1500, 1.1711
What it said to watch
Weekly close below the 1.1065 2025 low would erase the entire 2025 advance and expose the 1.1000 round number
Recovery back above the 1.1324 june low, the 23.6% retrace of the Jan-Oct decline, would mark the break as a false break
Lower highs trendline from April and August caps the structure; only a reclaim of the ema50 near 1.1500 shifts the regime read
RSI(14) is approaching 30; a weekly print below it would put the move at an oversold extreme
US ISM Manufacturing (Mon) and the midterm elections (Tue) could materially shift USD and this read
19:01 UTC
Downtrend since Q1 2026 high, lower highs and lower lows · RSI 38 · price 1.11943
Bearish sequence below 1.20827 Jan high; broke the 1.13–1.18 range floor.
EURUSD has been in a downtrend since the late-January 2026 peak at 1.2083. Each rally has failed at a lower high, 1.1849 in April and 1.1711 in August, and the September slide broke below the June low at 1.1324. Price now sits below both W1 EMAs at the 1.1104 swing low, the lowest weekly print since the May-25 low at 1.1065. This week's failure to hold gains on a Eurozone GDP beat and a hawkish ECB pause fits the heavy EUR tone, with RSI near 38 still clear of oversold.
Support: 1.1104, 1.1065, 1.1000
Resistance: 1.1324, 1.1411, 1.1711
What it said to watch
Weekly close below the 1.1104 swing low extends the lower-low sequence toward the may-25 low at 1.1065 and the 1.1000 round number
Weekly recovery back above the 1.1324 june low would mark the range break as a false break
The 1.1411 march low and the 61.8% retracement near the 1.1711 lower high cap the macro structure; a weekly close above 1.1711 invalidates the downtrend read
Mon ISM Manufacturing and Prices Paid, Tue US midterms and ECB speakers after the soft German HICP could shift the weekly close