MarketRadar read: neutral
Euro / US Dollar (EURUSD) trades at 1.12228, slipped -0.03% in the last 24 hours. Day range: 1.12051–1.12609. Here are the levels that matter across timeframes, each marked on its chart, with the fundamental backdrop underneath.
Market snapshot
| Metric | Value |
|---|---|
| Price | 1.12228 |
| 24h change | -0.03% |
| Day range | 1.12051 – 1.12609 |
| Previous day high / low | 1.12609 / 1.12051 |
| Previous week high / low | 1.12745 / 1.11830 |
Previous session — where the day closed
The last daily candle closed at 1.12265, lower by -0.03%, after trading between 1.12051 and 1.12609.
That is closing inside the previous session's range — no clear winner into the close. The close sits below the 50-period average at 1.13847.
Fundamental backdrop
- GBP/EUR Surge: Can the Rally Continue? — ForexLive
- Global Market: Eurozone banking crisis fears return as government borrowing costs surge — ET Markets
Standing macro backdrop: the Fed's stance is hawkish / tightening cycle; after a 25bp HIKE on 2026-09-16; September NFP printed 29,000 vs 90,000 consensus — a big dovish miss. (MarketRadar macro desk, updated 2026-10-17.)
D1 — EURUSD daily
Price 1.12228 — structure favors sellers on the daily chart (50-period average 1.13847, ATR 0.00671). Resistance: 1.12745, 1.13000, 1.14000. Support: 1.12000, 1.11629, 1.11117. Supply zone 1.12477–1.13013; demand zone 1.10849–1.11385. Daily closes carry the most weight — when D1 and H4 agree, the move usually has legs.
H4 — EURUSD 4-hour
At 1.12228, structure favors buyers on the 4-hour timeframe (50-period average 1.12148, ATR 0.00209). Overhead hurdles: 1.12327, 1.12609, 1.13000. Downside cushions: 1.12051, 1.12000, 1.11830. Overhead supply sits at 1.12526–1.12692, with demand at 1.11968–1.12134. The swing trader's execution timeframe.
H1 — EURUSD 1-hour
The hourly picture at 1.12228 shows no clear directional edge (50-period average 1.12215, ATR 0.00055). Sellers are stacked at 1.12307, 1.12609, 1.13000; buyers at 1.12051, 1.12024, 1.12000. 1.12285–1.12329 marks the supply zone; 1.12029–1.12073 the demand zone.
M15 — EURUSD 15-minute
1.12228 on the 15-minute: no clear directional edge intraday (50-period average 1.12282, ATR 0.00037). Intraday cap 1.12301, 1.12306, 1.13000, floor 1.12182, 1.12000, 1.11000. Buy-side stops are stacked above 1.12300. Watch supply at 1.12291–1.12321 and demand at 1.12167–1.12197. Entries only here. Never take directional bias from M15.
Key levels to watch
| Level | Type | Spotted on |
|---|---|---|
| 1.14000 | Resistance | D1 |
| 1.13000 | Resistance | D1 |
| 1.12327 | Resistance | H4 |
| 1.11117 | Support | D1 |
Scenarios
Bullish — buyers hold 1.12051: the trigger is a 4-hour close back above 1.12327, which opens the path toward 1.12609. Confirmation strengthens if the hourly structure flips bullish as well. This view fails on a 4-hour close below 1.12051.
Bearish — sellers break 1.12051: the trigger is a 4-hour close under 1.12051, which exposes 1.12000 next. This view fails if price reclaims 1.12327 on a 4-hour close.
Neutral — chop between 1.12051 and 1.12327: both edges are the levels to watch; a 4-hour close outside picks the direction.
Levels are zones, not exact lines. Waiting for a 4-hour close beyond a level filters out most intraday noise.
Charts
A quick note on the SBT lens used below. Structure-Based Trading defines ten models, and every one of them is built on the same foundation: a proper 123 swing pattern, a break of structure (BOS), and a price-delivery array — an order block, fair-value gap or mitigation zone — where price is expected to react. Each chart reading names the SBT model forming on that timeframe when its criteria are actually visible, and says so plainly when none is.
Chart reading — D1: A bearish 123 is taking shape, but structure has not broken yet — no BOS means no model trigger on this timeframe. Price wicked into the supply zone 1.12477–1.13013 and held — sellers defended the PD array, the retest SBT Models 7/8 wait for. No clean equal-high/low liquidity pools sit near price on the daily chart.
Chart reading — H4: No clean 123 on this timeframe — price is drifting bullish inside its range. A wick probed the demand zone 1.11968–1.12134 and was absorbed — buyers defended the PD array, the retest SBT Models 7/8 wait for. Liquidity pools of the equal-high/low kind are absent around price on this timeframe.
Chart reading — H1: No clean 123 on this timeframe — price is drifting neutral inside its range. A sharp excursion into the supply zone 1.12285–1.12329 got faded — sellers defended the PD array, the retest SBT Models 7/8 wait for. No equal-high/low liquidity pools nearby on this timeframe.
Chart reading — M15: No clean 123 on this timeframe — price is drifting neutral inside its range. A stop-run wick tagged the demand zone 1.12167–1.12197 and failed — buyers defended the PD array, the retest SBT Models 7/8 wait for. Equal highs/lows at 1.12300: resting buy-side liquidity — a sweep here is the inducement leg.
A final note
This content is for educational purposes only and is not financial advice. Trading involves risk. Always do your own research before making any decision.
