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Apr 13, 2026

Technical analysis of some currency pairs:

 

Technical Analysis Report (April 13, 2026):Technical analysis of GBPUSD chart

GBPUSD chart on the hourly timeframe

The pair is trading near 1.3400 after a limited pullback from the recent high at 1.3490, maintaining a sideways range with a bullish bias.
Momentum is easing gradually without a clear reversal, suggesting a potential continuation of the uptrend.

  • Trend: Bullish
  •  Support: 1.3340 – 1.3290
  •  Resistance: 1.3450 – 1.3490

Outlook: Holding above 1.3340 supports further upside, while a break below may lead to a limited correction.
 


Technical analysis of EURUSD chart

EURUSD chart on the hourly timeframe

The pair is trading near 1.1680 after a noticeable pullback from recent highs, following a failure to hold above 1.1720, with clear selling pressure emerging.
Momentum is turning negative, as the MACD continues to decline, supporting the likelihood of continued short-term correction.

  • Trend: Bullish (bearish correction)
  •  Support: 1.1630 – 1.1590
  •  Resistance: 1.1720 – 1.1760

Outlook: Staying below 1.1720 supports further downside, while a move above may restore bullish momentum.
 


Technical analysis of USDJPY chart

USDJPY chart on the hourly timeframe

The pair is trading near 159.60 after a strong rally and a breakout above 159.40, stabilizing above previous resistance levels.
Momentum remains clearly positive, supporting continued upside in the near term.

  • Trend: Bullish
  •  Support: 159.40 – 158.80
  •  Resistance: 160.00 – 160.50

Outlook: Holding above 159.40 supports a move toward 160.00, while a break below may trigger a limited correction.
 


 

 


 

 

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