FXEM - EMPIRE MARKETS - Company New Article

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

Jan 13, 2026

GBP/USD chart on the hourly time frame

GBP/USD chart on the hourly time frame

The pair is showing an attempt to recover from the recent low within a medium-term downtrend structure. The price is currently testing an area close to the descending trendline, coinciding with a noticeable improvement in the MACD and momentum entering positive territory.

A break above the descending trendline could open the way for a wider corrective wave, while a failure to break above it will keep the downtrend dominant.

Overall Trend: Bearish with an upward corrective bias
Support: 1.3410 – 1.3375
Resistance: 1.3490 – 1.3540

Expectation: A break above 1.3490 could strengthen the chances of a corrective uptrend, while a break below 1.3410 would bring back downward pressure.

 


 

EUR/USD Chart on the hourtly time frame

EUR/USD Chart on the hourtly time frame

The pair continues to move within a clear descending channel, with a limited technical bounce from recent support levels. The price is currently trading near the middle of the channel, while the MACD indicator is in positive territory, reflecting a temporary improvement in momentum, though it remains relatively weak compared to the overall downtrend.

A clear break above the upper channel boundary could allow for a broader upward correction, while failure to hold above support could bring back selling pressure.

Overall Trend: Down with corrective bounce
Support: 1.1650 – 1.1610
Resistance: 1.1690 – 1.1735

Expectation: Holding above 1.1650 could support the continuation of the upward correction, while a break below this level would retest recent lows.

 

 

USDJPY chart on the hourly time frame

USDJPY chart on the hourly time frame

The pair maintains a strong upward trend, trading near multiple-year highs. Momentum remains positive, but signs of a technical slowdown are emerging, which may pave the way for short-term corrective movements.

Overall trend: Upward
Support: 157.60 – 156.90
Resistance: 159.40 – 160.00

Forecast: Holding above 157.60 supports the continuation of the upward trend, while breaking below it could lead to a limited correction.

 

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