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Apr 22, 2026

Technical analysis of some currency pairs:

 

Technical Analysis Report (April 22, 2026):Technical analysis of GBPUSD chart

GBPUSD chart on the hourly timeframe

The pair is trading near 1.3525 in a sideways move after pulling back from highs, attempting to hold above support.
 MACD shows slight improvement in momentum.

  • Trend: Bullish (sideways correction)
  •  Support: 1.3490 – 1.3370
  •  Resistance: 1.3560 – 1.3600

Outlook:
 A break above 1.3560 supports further gains, while a drop below 1.3490 may revive selling pressure.


Technical analysis of EURUSD chart

EURUSD chart on the hourly timeframe

The pair is trading near 1.1750 after pulling back from resistance, with ongoing short-term selling pressure.
 MACD remains in negative territory, indicating weakening bullish momentum.

  • Trend: Bullish (bearish correction)
  •  Support: 1.1710 – 1.1625
  •  Resistance: 1.1810 – 1.1850

Outlook:
 A break above 1.1810 may restore bullish momentum, while a drop below 1.1710 could extend the downside.


Technical analysis of USDJPY chart

USDJPY chart on the hourly timeframe

The pair is trading near 159.20 after a strong rally followed by a mild pullback, with bullish momentum still intact.
 MACD remains in positive territory, reflecting continued buying strength.

  • Trend: Bullish
  •  Support: 158.90 – 158.30
  •  Resistance: 159.60 – 160.00

Outlook:
 A break above 159.60 may extend gains, while a drop below 158.90 could trigger a correction.


 

 


 

 

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