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EUR/USD Chart on the hourtly time frame

Current situation: The pair rebounded from support at 1.1718 after a sharp decline and is now trading at 1.1743.

Trend: Short-term bearish, with slight improvement in momentum (MACD gradually turning positive).

Prediction: As long as the price remains below the resistance level of 1.1789, the downward trend is likely, and a break of 1.1718 will confirm the target of 1.1650.

USDJPY chart on the hourly time frame As we mentioned yesterday, stability above 144.60 maintains the possibility of a rise towards 145.60, and this scenario has indeed been achieved. Technical situation: The price is trading within a clear uptrend supported by rising lows. Trend: Stable uptrend. Expectation: As long as the price is above 145.20, the uptrend will continue towards 146.90 and then 147.60. A break of 145.20 will mark the beginning of a correction towards 144.30.