FXEM - EMPIRE MARKETS - Company New Article

To access the website's classic version and the new accounts, please click here

Aug 19, 2025

GBP/USD chart on the hourly time frame

GBP/USD chart on the hourly time frame

Trend: Uptrend (clear ascending trendline)

Support: 1.3400 (blue trendline)

Resistance: 1.3540, then 1.3590

MACD: Weakening bearish momentum

Outlook:

Holding above the trendline supports bullish continuation.

A break below 1.3400 may trigger further downside correction.

 


 

EUR/USD Chart on the hourtly time frame

EUR/USD Chart on the hourtly time frame

Pattern: Symmetrical Triangle

Support: 1.1640 (lower blue line)

Resistance: 1.1700 - 1.1728 (upper red line)

Current Trend: Consolidating within triangle

MACD: Bearish momentum is building

Outlook: Watch for breakout.

A break above 1.1728 could lead to 1.1750+.

A break below 1.1640 opens downside toward 1.1600.

 

USDJPY chart on the hourly time frame

USDJPY chart on the hourly time frame

Pattern: Descending Triangle

Support: 146.50 - 146.60 (horizontal base)

Resistance: 148.15

MACD: Strong bullish momentum building

Outlook:

As long as 146.50 holds, upside breakout is possible.

Break above 148.15 confirms bullish continuation to 149.00+
 

 

- A look at yesterday's report dated August 18, 2025.

To open Live account click here 

One Trading Account | 50+ Forex Pairs | 80+ Trading Instruments
Multi-Asset Trading Platforms

Cookie Policy
This website uses cookies to ensure you get the best experience on our website. We use cookies for proper website navigation and function and for statistical and analytical purposes. You can select the cookie categories that you would like to manage through the Cookies Settings at any time. Please configure your Cookies Settings before proceeding. To learn more, please read our Cookies Policy