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EUR/USD Chart on the hourtly time frame

The pair is showing a gradual rebound from support areas near 1.1790 and is currently trading above the lower boundary of the short-term ascending channel, supported by a relative weakening of the US dollar. The moving averages have started to flatten out, reflecting a consolidation phase after a previous downward wave.
The MACD indicator remains in negative territory, but the weakening downward momentum suggests the possibility of a continued technical recovery.

Overall trend: Neutral with a slight upward bias
Support: 1.1790 – 1.1725
Resistance: 1.1860 – 1.1920

Expectation: Holding above 1.1790 supports the corrective bullish scenario, while breaking this level could bring renewed selling pressure towards 1.1730.
 

USDJPY chart on the hourly time frame The pair is trading near relatively high historical levels, with a clear loss of upward momentum after a strong rally. The price is moving within a narrow range, reflecting a wait-and-see approach in the markets. The MACD indicator remains positive but shows a clear slowdown in buying power. Overall Trend: Neutral Support: 155.40 – 154.70 Resistance: 156.80 – 157.50 Expectation: A break above 156.80 could restore upward momentum, while a break below 155.40 could open the door for a deeper correction.

- A look at yesterday report dated Feb 3, 2026.