EURUSD London briefing — 2026-08-04

BIAS BULLISH — D1 structure bullish; H4 EMA supports upside. H1 neutrality and RSI at midpoint suggest caution on aggressive moves, but daily bias intact. KEY LEVELS R: 1.155, 1.15593, 1.16 | S: 1.15, 1.145, 1.13542 NEWS 🟡 Goods Trade Balance (USD) 12:30 UTC 🟡 Goods and Services Trade Balance (USD) 12:30 UTC 🟡 Redbook Index YoY (USD) 12:55 UTC SESSION OUTLOOK Low-impact data may allow shorts to cover into London open. Watch 1.155 for rejection or breakout confirmation.

Key Levels

R: 1.15500 · 1.15593 · 1.16000

S: 1.15000 · 1.14500 · 1.13542