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Jun 06, 2025

The GBP/USD chart on the hourly time frame

The GBP/USD chart on the hourly time frame

Current Technical Outlook:

  • Price: Holding above 1.3560, but upward momentum appears to be slowing.
  • MACD: Still below zero but flattening out, hinting at a possible bullish crossover.
  • Price Action: Lateral movement suggests indecision, not a reversal.

Outlook:

  • As long as price holds above 1.3520, a move toward 1.3590 remains likely.
  • A break below 1.3520 weakens the bullish case and opens the way for a retest of 1.3470.
     
EUR/USD Chart on the hourtly time frame

EUR/USD Chart on the hourtly time frame

Current Technical Outlook:

  • Price: Hovering around 1.1410 with low volatility.
  • MACD: Still negative but showing signs of a potential bullish crossover.
  • Momentum: Bearish pressure is fading, suggesting continued movement within the channel.

Outlook:

  • Holding above 1.1370 keeps the bullish scenario toward 1.1445 in play.
  • A break below 1.1370 could invalidate the upside and trigger a move to 1.1310.
USTEC chart on the hourly time frame

USDJPY chart on the hourly time frame

Current Technical Outlook:

  • Price: Consolidating around 145.60–145.70, facing resistance at 146.00.
  • MACD: Positive momentum remains but shows signs of slowing.
  • Structure: Uptrend remains intact, though price is pausing near key resistance.

Outlook:

  • Holding above 144.80 keeps the door open for a move to 146.20.
  • A break below 144.80 could trigger a correction toward 143.90.

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