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EUR/USD Chart on the hourtly time frame

The pair is showing a notable recovery from the 1.1460 low and is currently trading near 1.1580 within a medium-term descending channel.

A slight improvement in risk appetite, coupled with a weakening US dollar, has supported this upward movement.

However, prices are facing strong resistance near the upper channel boundary at 1.1610.

The MACD indicator remains in positive territory, but momentum is gradually slowing, suggesting a possible minor correction before any new breakout attempt.

• Overall trend: Neutral with a slight upward bias
• Support: 1.1500 – 1.1460
• Resistance: 1.1610 – 1.1660

Expectation: A clear break above 1.1610 would confirm the bullish move towards 1.1660, while failure to break above this level would send the price back to retest 1.1500.
 

USDJPY chart on the hourly time frame The pair is trading around 154.64 after a strong rally from the 153.80 level, supported by rising US Treasury yields and increasing expectations of higher interest rates for a longer period. However, signs of a slowdown in the upward momentum are emerging as prices approach the technical resistance at 155.00. The MACD indicator remains positive, but the bars are starting to narrow, reflecting a gradual weakening of the trend's strength. Overall trend: Cautiously bullish Support: 154.00 – 153.50 Resistance: 155.00 – 155.40 Expectation: A break above 155.00 would reinforce the upward move towards 155.40, while a failure to break above this level could trigger a downward correction towards 154.00.

- A look at yesterday report dated Nov 11, 2025.