FXEM - EMPIRE MARKETS - Company New Article

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

Jan 06, 2026

GBP/USD chart on the hourly time frame

GBP/USD chart on the hourly time frame

The pair continues to trade above key support areas following a previous upward wave, with signs of consolidation near recent highs. Current movements reflect a state of anticipation, while the technical structure still maintains a positive bias as long as the price remains above support.

Overall trend: Neutral to bullish
Support: 1.3430 – 1.3370
Resistance: 1.3560 – 1.3620

Outlook: Staying above 1.3430 supports the potential resumption of the upward move towards 1.3560 and then 1.3620, whereas a break of support could pave the way for a deeper correction towards 1.3370.

 


 

EUR/USD Chart on the hourtly time frame

EUR/USD Chart on the hourtly time frame

The euro is moving in a sideways range with a slight downward bias after repeated failures to sustain trading above nearby resistance levels. Momentum remains relatively weak, reflecting a cautious stance amid a strong dollar.

Overall trend: Neutral with a bearish inclination
Support: 1.1650 – 1.1605
Resistance: 1.1735 – 1.1780

Outlook: A break below 1.1650 could deepen the correction toward 1.1605, while a return above 1.1735 would restore positive momentum and pave the way toward 1.1780.

USDJPY chart on the hourly time frame

USDJPY chart on the hourly time frame

The currency pair continues to trade near its high levels, supported by yield differentials and the ongoing weakness of the yen. Despite some slowdown, the technical dominance still favors the dollar.

Overall trend: Bullish
Support: 155.90 – 154.80
Resistance: 157.60 – 158.80

Forecast: Staying above 155.90 supports continued upward movement towards 157.60 and then 158.80, while breaking support could lead to a deeper temporary 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