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EUR/USD Chart on the hourtly time frame

Overall trend: Downward within a descending price channel.

• MACD is moving in negative territory, with a positive momentum shift beginning.
• Short-term moving averages remain below the long-term average, but the price has started moving above the short-term average, suggesting a potential temporary upward correction.
• Support: 1.1470
• Resistance: 1.1580

Reasons:
• Continued strength of the dollar, supported by positive US data.
• Weakness in the European services sector and a lack of signs of economic improvement.
• Minor profit-taking on the dollar has led to a limited correction.

Expectation:

• If the 1.1580 level is broken, we could see a rise towards 1.1620.
• However, a break below 1.1470 would revive the downward trend towards 1.1400.

USDJPY chart on the hourly time frame Overall Trend: Upward within a strong ascending channel. The MACD is positive and supports continued upward momentum. Moving averages strongly confirm the upward trend. Reasons: • Bank of Japan's continued accommodative monetary policy. • Rising US Treasury yields. • Yen weakness due to interest rate differentials. Expectation: A break above 154.20 could push the pair towards 155.00. A break below 153.40 could lead to a correction towards 152.80.

- A look at yesterday report dated Nov 5, 2025.