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EUR/USD Chart on the hourtly time frame

The pair is moving in a limited downward correction after a clear failure to stabilize above the 1.1760 resistance level, and is currently trading near the middle of the ascending channel on the hourly timeframe.

The decline in upward momentum is clearly evident on the MACD indicator, which has begun to lose its positive momentum, reflecting profit-taking after the recent strong rally.

Any consolidation above 1.1720 could allow for renewed upward attempts,
while a break below 1.1700 would reinforce the corrective scenario towards the lower support.

Overall trend: Corrective upward
Support: 1.1720 – 1.1685
Resistance: 1.1760 – 1.1790

Expectation: As long as the price maintains trading within the ascending channel, the current decline remains corrective, but a break below 1.1700 could open the door for a broader downward move.
 

USDJPY chart on the hourly time frame The pair is undergoing a downward correction after a strong upward move, with a relative improvement in the yen against the dollar. A break below 154.40 could strengthen the decline towards 153.80. Overall Trend: Weak Bullish (Corrective) Support: 154.40 – 153.80 Resistance: 155.30 – 156.00 Expectation: The current pullback is corrective unless 153.80 is broken.

- A look at yesterday report dated Dec 15, 2025.