FXEM - EMPIRE MARKETS - Company New Article

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

Jan 07, 2026

GBP/USD chart on the hourly time frame

GBP/USD chart on the hourly time frame

The pair continues to move within a slightly downward sloping range after failed attempts to stabilize above 1.3550, reflecting ongoing selling pressure while the dollar remains supported. Trading is still below its major moving averages, and the MACD indicator is in the negative territory with weak momentum.

Overall Trend: Neutral with a downward bias
Support: 1.3440 – 1.3380
Resistance: 1.3540 – 1.3600

Outlook: Remaining below 1.3540 keeps the pressure intact and may lead to a retest of 1.3440, whereas breaking through 1.3600 could open the door for a broader upward correction.

 

 

EUR/USD Chart on the hourtly time frame

EUR/USD Chart on the hourtly time frame

The pair is trading near the bottom of its recent range with a clear weakening of upward momentum, as the price has been unable to hold above 1.1750. The MACD indicator is trending negatively, suggesting the possibility of a continuation of the downward corrective move.

Overall Trend: Neutral with a slight downward bias
Support: 1.1640 – 1.1580
Resistance: 1.1750 – 1.1810

Expectation: A break below 1.1640 could reinforce the decline towards 1.1580, while a return above 1.1750 would alleviate pressure and support a technical rebound.

USDJPY chart on the hourly time frame

USDJPY chart on the hourly time frame

The pair maintains its trading near high peaks, relying on a clear upward trend supported by yield spreads. Momentum remains positive despite slight indications of a slowdown.

Overall trend: Upward
Support: 155.40 – 154.60
Resistance: 157.20 – 158.00

Outlook: Sustaining above 155.40 supports the continuation of the upward trend, while a clear break below this level could open the door for a deeper correction.

 

To open Live account click here 

Previous Post
Technical Analysis of Commodities
Next Post
Commodities Update
Back

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

Open Live Account
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
Settings
Reject
Accept all