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EUR/USD Chart on the hourtly time frame

The pair continues to move within the descending channel, stabilizing near 1.1488 after a limited recovery attempt.

Technical indicators:

• The MACD indicator remains in negative territory with weak momentum.
• Short-term moving averages (20- and 50-period EMAs) show continued selling pressure.

Reasons:
The euro's decline is attributed to the strength of the US dollar, supported by comments from Federal Reserve officials regarding the possibility of maintaining interest rates for a longer period, coupled with weak European manufacturing data.

Expectation:
If weakness persists below 1.1500, the price could target 1.1450 and then 1.1415, while a break above 1.1550 could open the door for a temporary upward correction.
 

USDJPY chart on the hourly time frame The pair is trading at 153.68, near its highest level in months. Technical Indicators: The MACD is positive, indicating strong bullish momentum. The price is above the short-term moving averages. Reasons: The dollar is supported by high bond yields, while the yen remains under pressure from the Bank of Japan's continued accommodative monetary policy. Expectation: As long as the price stays above 153.30, the uptrend remains intact towards 154.20 and then 154.70. A break below 153.00 could signal the start of a limited correction.

- A look at yesterday report dated Nov 4, 2025.