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Aug 18, 2025

GBP/USD chart on the hourly time frame

GBP/USD chart on the hourly time frame

Technical Indicator: The MACD shows strength in the bullish trend, with a bullish crossover.

Technical Analysis: The price is moving within an upward channel, indicating the possibility of a continued upward trend as long as the price stays above 1.3393. A breakout above 1.3560 could further strengthen the bullish momentum.
 


 

EUR/USD Chart on the hourtly time frame

EUR/USD Chart on the hourtly time frame

Technical Indicator: The MACD indicator shows positive momentum, suggesting that the bullish trend could continue.

Technical Analysis: The price is moving within an ascending triangle, indicating some consolidation before a potential breakout either upwards or downwards. If the resistance at 1.1728 is broken, the bullish trend could continue. However, if the support at 1.1617 is broken, a larger downward movement is likely.

 

USDJPY chart on the hourly time frame

USDJPY chart on the hourly time frame

Technical Indicator: The MACD shows some indecision in the current trend.

Technical Analysis: The price is moving within a descending triangle, which suggests a potential breakout. A break above 148.49 could strengthen the bullish trend, while breaking the support at 146.50 could lead to further declines.
 

 

- A look at last week's report dated August 15, 2025.

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