FXEM - EMPIRE MARKETS - Company New Article

EUR/USD Chart on the hourtly time frame

The pair continues to move within a short-term upward trend, with trading holding above previous support levels, despite a limited correction after reaching new highs. The MACD indicator remains in positive territory, but momentum is showing signs of slowing down, reflecting a cautious market sentiment.
Any stability above 1.1880 supports continued upward attempts, while a break above the recent high remains key to resuming the positive trend.

Overall trend: Neutral with a slight upward bias
Support: 1.1880 – 1.1810
Resistance: 1.2020 – 1.2090

Expectation: Holding above 1.1880 maintains the positive outlook, and a break above 1.2020 could open the way for a new upward wave, while a break below support would bring back corrective pressure.
 

USDJPY chart on the hourly time frame The pair remains under clear downward pressure after breaking key support levels, with trading still below the moving averages. Despite limited rebound attempts, the MACD remains in negative territory, reflecting the continued dominance of the yen. General Trend: Downward Support: 151.40 – 149.80 Resistance: 154.20 – 155.60 Expectation: Failure to return above 154.20 keeps the negative pressure in place, while a break above this level could open the way for a temporary upward correction.

- A look at yesterday report dated Jan 28, 2026.