FXEM - EMPIRE MARKETS - Company New Article

EUR/USD Chart on the hourtly time frame

The pair is under clear selling pressure after breaking a key support level near 1.1700 and is currently trading below the ascending trendline, reflecting the continued strength of the US dollar at the start of the year. The MACD indicator is in negative territory and shows accelerating downward momentum, reducing the chances of a quick rebound unless strong support emerges.

Overall trend: Bearish
Support: 1.1680 – 1.1620
Resistance: 1.1730 – 1.1780

Expectation: Holding below 1.1730 keeps the downward pressure intact with a potential target of 1.1620, while the pair needs a clear break above the resistance to mitigate the negativity.
 

USDJPY chart on the hourly time frame The pair continues to trade near its highs, supported by the widening US-Japan yield spread. Momentum remains positive, with no clear reversal signals yet. General Trend: Bullish Support: 156.20 – 155.40 Resistance: 157.80 – 158.50 Expectation: Holding above 156.20 keeps the 158.50 target open, while a break below support could trigger a limited correction.

- A look at last week report dated Jan 2, 2026.