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Sep 09, 2025

GBP/USD chart on the hourly time frame

GBP/USD chart on the hourly time frame

  • Trend: Bullish (forming an ascending triangle)
  • Current Price: ~1.3576
  • Resistance: 1.3580 (top of triangle)
  • Support: 1.3500, then 1.3365

Indicators:

  • Price is above MAs
  • MACD strong in bullish territory


Outlook: Watching for breakout above 1.3580. If successful, further bullish movement likely.
 


 

EUR/USD Chart on the hourtly time frame

EUR/USD Chart on the hourtly time frame

  • Trend: Bullish (inside an ascending channel)
  • Current Price: ~1.1775
  • Resistance: 1.1775 (previous high, now being tested)
  • Support: 1.1715, then 1.1629 (channel bottom)

Indicators:

  • Price is above moving averages
  • MACD is positive with strong bullish momentum

Outlook: Bullish continuation likely as long as price stays above 1.1715. Clean breakout happening.
 

USDJPY chart on the hourly time frame

USDJPY chart on the hourly time frame

  • Trend: Bearish (after double top breakdown)
  • Current Price: ~147.06
  • Support: 146.95 (key trendline)
  • Resistance: 147.68, then 148.00

Indicators:

  • MACD is bearish
  • Price is under moving averages


Outlook: Bearish bias. If 146.95 breaks, likely more downside.
 

 

A review of the report from yesterday, dated September 8, 2025.

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