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EUR/USD Chart on the hourtly time frame

The pair continues to move within a medium-term ascending channel despite recent corrective pressures. It is currently trading near the lower boundary of the channel, attempting to stabilize, supported by waning dollar momentum ahead of key US data releases.

The MACD indicator remains in negative territory, but the pace of the downward momentum is slowing, opening the door for a limited technical rebound.

General Trend: Neutral with a slight upward bias
Support: 1.1760 – 1.1700
Resistance: 1.1860 – 1.1920

Expectation: Holding above the key support level could support a rebound towards 1.1860, while a break below 1.1700 would reinstate short-term downward pressure.
 

USDJPY chart on the hourly time frame The pair maintains a strong upward trend, supported by the yield spread and continued dollar strength. Momentum remains positive, with no clear reversal signals yet. Overall Trend: Bullish Support: 154.30 – 153.50 Resistance: 156.20 – 157.00 Expectation: Any correction will remain limited as long as trading remains above 154.30.

- A look at yesterday report dated Feb 2, 2026.