FXEM - EMPIRE MARKETS - Company New Article

EUR/USD Chart on the hourtly time frame

The pair continues to recover from the recent low near 1.1760 and is currently trading near the upper boundary of the descending channel on the hourly chart, supported by a temporary easing of dollar momentum. The MACD indicator remains in positive territory, reflecting continued upward momentum, but the pace of the rally is slowing as the price approaches a strong technical resistance zone.

Overall trend: Neutral with a slight upward bias
Support: 1.1860 – 1.1810
Resistance: 1.1910 – 1.1950

Expectation: A break above 1.1910 strengthens the chances of targeting 1.1950, while failure to hold above the resistance could push the pair to retest 1.1860.
 

USDJPY chart on the hourly time frame The pair is trading near 155.36 with relatively stable US Treasury yields. Momentum is positive but limited, amid concerns about potential Japanese verbal intervention if the rally continues. Overall Trend: Cautiously bullish Support: 154.60 – 153.80 Resistance: 156.00 – 156.80 Expectation: Holding above 155.00 supports a test of 156.00, while a break below 154.60 could trigger a deeper correction.

- A look at yesterday report dated Feb 9, 2026.