FXEM - EMPIRE MARKETS - Company New Article

To access the website's classic version and the new accounts, please click here

Dec 04, 2025

GBP/USD chart on the hourly time frame

GBP/USD chart on the hourly time frame

The pair is trading near 1.3334 after a strong rebound from 1.3170, reaching the upper boundary of the ascending channel. Momentum remains positive on the MACD indicator, despite the emergence of overbought signals.

The nearest resistance lies at 1.3360, and a break above this level could push the price towards 1.3400.

Meanwhile, the 1.3260-1.3215 level represents a significant support zone.

Overall trend: Upward
Support: 1.3260-1.3215
Resistance: 1.3360-1.3400

Expectation: Continued trading within the ascending channel maintains a positive outlook unless the price breaks below 1.3215.
 


 

EUR/USD Chart on the hourtly time frame

EUR/USD Chart on the hourtly time frame

The EUR/USD pair is trading near 1.1657 after a strong rally from the 1.1540 support level, benefiting from a weaker dollar and a relative improvement in risk appetite. Price action is moving within an ascending channel, while the MACD indicator shows clear positive momentum, albeit with a slight slowdown.

The pair faces strong resistance at 1.1685, and a break above this level could push the price towards 1.1710. The nearest support lies between 1.1625 and 1.1600.

Overall trend: Upward
Support: 1.1625 – 1.1600
Resistance: 1.1685 – 1.1710

Expectation: Holding above 1.1625 strengthens the upward momentum, while a break below this level could trigger a correction towards 1.1600.
 

USDJPY chart on the hourly time frame

USDJPY chart on the hourly time frame

The pair is trading at 155.45 after a strong rally supported by rising US Treasury yields. The movement remains within a strong upward trend, and price action shows consolidation above the 154.80 support level.

The MACD indicator is positive but shows a decline in momentum, suggesting a possible minor correction before the upward movement resumes.

General Trend: Upward
Support: 154.80 – 154.20
Resistance: 156.10 – 156.60

Expectation: Holding 154.80 supports continued upward movement towards 156.10.
 

 

- A look at yesterday report dated Dec 3, 2025.

To open Live account click here 

One Trading Account | 50+ Forex Pairs | 80+ Trading Instruments
Multi-Asset Trading Platforms

Cookie Policy
This website uses cookies to ensure you get the best experience on our website. We use cookies for proper website navigation and function and for statistical and analytical purposes. You can select the cookie categories that you would like to manage through the Cookies Settings at any time. Please configure your Cookies Settings before proceeding. To learn more, please read our Cookies Policy