EUR/USD AI Live Scan, 4-hour chart, Saturday, 31 October 2026
Every read JAFX AI made on the EUR/USD 4-hour chart that day, newest first: trend, structure, the levels it marked and what it said to watch.
21:40 UTC
Downtrend, lower highs pressing a flat base · RSI 53 · price 1.11659
Lower highs from 1.1269 onto a 1.1105-1.1113 floor.
Since the 1.1269 peak the pair has printed a run of lower highs (1.1260, 1.1226, 1.1214) against a flat base at 1.1105-1.1113. The base is now three tests old, giving the structure a descending-triangle shape. The ECB hawkish pause dragged price to the 17m low at 1.1104 before a false break and rebound. That rebound met rejection at 1.1214, and Friday's slide to the 1.1136 friday low leaves price sitting on EMA20, below the ema50 near 1.1180, with the EMA20 still under EMA50. ATR(14) near 32 pips is steady rather than compressing, with a firm USD and BoE divergence keeping supply in place on rallies.
Support: 1.1136, 1.1105
Resistance: 1.1180, 1.1214, 1.1260
What it said to watch
H4 close below the 1.1105 17m low breaks the three-week base and confirms a lower-low
H4 close above the 1.1214 rejection high breaks the lower-high sequence and the trendline
Reclaim of the ema50 near 1.1180 would neutralise the bearish EMA alignment
Failure to hold the 1.1136 friday low puts the 78.6% of the ECB rebound fib and the base back in play
Mon EZ retail sales/PMIs and US ISM Manufacturing at 15:00 UTC could materially shift this read
Lower highs from 1.1256 range top; lows at 1.1113 then 1.1104.
EUR/USD has printed lower highs since the 1.1256 range top. The post-ECB slide set a 17-month low at 1.1104, and the rebound was rejected at the 1.1214 Friday high as a firm USD and rising EUR shorts reasserted. Price is now pinned to the EMA20 near 1.1166 and holds below the EMA50 at 1.1180, which lines up with the 50% fib of the 1.1256–1.1104 leg, with the 1.1136 higher low the nearest support. ATR(14) near 31 pips is running above the mid-month compression, reflecting expansion after the central-bank decisions.
Support: 1.1136, 1.1104
Resistance: 1.1180, 1.1214, 1.1256
What it said to watch
H4 close above the 1.1214 Friday high breaks the lower-highs trendline and the downtrend sequence
Reclaim of the EMA50 / 50% fib at 1.1180 would weaken the lower-high read
Failure to hold the 1.1136 higher low reopens the 17-month low at 1.1104; a close below extends the downtrend
Mon EZ PMIs/Retail Sales and US ISM Manufacturing (15:00 UTC, f/c 54.7) could materially shift this read
A move back above the 1.1256 range top would invalidate the lower-high structure