FXEM - EMPIRE MARKETS - Company New Article

To access the website's classic version and the new accounts, please click here

Jan 15, 2026

GBP/USD chart on the hourly time frame

GBP/USD chart on the hourly time frame

The pair is moving below a key descending trendline after a clear failure to hold above previous resistance levels. Upward bounces remain corrective for now.

The MACD indicator has returned to negative territory, indicating renewed selling pressure despite the current consolidation.

Overall trend: Bearish
Support: 1.3430 – 1.3390
Resistance: 1.3490 – 1.3540

Expectation: Holding below 1.3490 keeps the bearish scenario intact with a potential retest of 1.3390, while only a break above 1.3540 could change the short-term outlook.
 

 


 

EUR/USD Chart on the hourtly time frame

EUR/USD Chart on the hourtly time frame

The pair is moving within a descending symmetrical triangle pattern following a clear wave of selling pressure. The price is trading near the lower boundary of the triangle, reflecting a wait-and-see approach before a decisive breakout.

Moving averages remain bearish, while the MACD shows weak downward momentum as sellers gradually lose strength.

Overall trend: Neutral-bearish
Support: 1.1650 – 1.1620
Resistance: 1.1700 – 1.1745

Expectation: A break below 1.1650 would confirm a continuation of the decline towards 1.1620, while a break above the upper boundary of the triangle near 1.1700 could trigger an upward correction towards 1.1745.
 

USDJPY chart on the hourly time frame

USDJPY chart on the hourly time frame

The pair maintains its upward movement within a strong ascending channel, supported by the monetary policy divergence between the Federal Reserve and the Bank of Japan.

However, signs of slowing momentum are emerging as the MACD pulls back from its highs, potentially paving the way for a limited correction.

General Trend: Bullish
Support: 157.80 – 156.90
Resistance: 159.40 – 160.20

Expectation: Holding above 157.80 maintains the bullish scenario, while a break below this level could trigger a deeper correction towards 156.90.
 

 

- A look at yesterday report dated Jan 14, 2026.

To open Live account click here 

One Trading Account | 50+ Forex Pairs | 80+ Trading Instruments
Multi-Asset Trading Platforms

Cookie Policy
This website uses cookies to ensure you get the best experience on our website. We use cookies for proper website navigation and function and for statistical and analytical purposes. You can select the cookie categories that you would like to manage through the Cookies Settings at any time. Please configure your Cookies Settings before proceeding. To learn more, please read our Cookies Policy