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EUR/USD Chart on the hourtly time frame

The pair continues to trade within an upward trend on the hourly chart after a clear break above previous resistance levels. The price is currently moving near recent highs, remaining above the moving averages, reflecting continued buying pressure despite some signs of a slight slowdown in momentum.
The MACD indicator remains in positive territory, but the narrowing of the chart bars suggests a possible temporary corrective move before the trend resumes.
Any stability above 1.1980 supports the chances of resuming the upward movement towards recent highs, while a break below this level could trigger a deeper correction.

Overall Trend: Upward with a Corrective Tide
Support: 1.1980 – 1.1920
Resistance: 1.2050 – 1.2100

Expectation: Holding above support maintains the bullish scenario, while a break below it could push the price back towards 1.1920 before any new upward attempt.
 

USDJPY chart on the hourly time frame The pair is trading in a clear downtrend after a strong break below key support levels and an acceleration of negative momentum. The recent move confirms the dominance of sellers, with the price failing to maintain any significant rebound. The MACD indicator remains in negative territory, and despite a weak rebound, the overall trend still leans towards continued downward pressure. Any rise towards resistance levels could be met with renewed selling. Overall Trend: Down Support: 152.00 – 151.20 Resistance: 153.80 – 154.60 Expectation: Holding below 154.00 supports continued decline, while a break above this level could open the door for a wider correction.

- A look at yesterday report dated Jan 27, 2026.