FXEM - EMPIRE MARKETS - Company New Article

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

Aug 08, 2025

GBP/USD chart on the hourly time frame

GBP/USD chart on the hourly time frame

Trend: Strong bounce from support and clear breakout above previous resistance.

Support levels: 1.3300 – 1.3180

Resistance levels: 1.3450 (being tested now)

MACD: Strongly positive, supporting further bullish continuation.

Summary: The trend remains bullish as long as price stays above 1.3340. A break of 1.3450 could open the door for more upside.
 


 

EUR/USD Chart on the hourtly time frame

EUR/USD Chart on the hourtly time frame

Current trend: Short-term uptrend after breaking the descending trendline.

Support levels: 1.1500 – 1.1440

Resistance levels: 1.1655 – 1.1710

MACD: Still positive but starting to weaken, indicating a possible pullback before continuing upward.

Summary: As long as the price remains above 1.1500, the upward bias remains. A break above 1.1600 would support further gains.

 

USDJPY chart on the hourly time frame

USDJPY chart on the hourly time frame

Trend: Sideways between 147.00 and 147.80

Support levels: 147.00 – 146.30

Resistance levels: 147.80 – 148.40

MACD: Slightly positive but lacks strength.

Summary: Range-bound; wait for a breakout above or below this range to trade accordingly.

 

- A look at yesterday's report dated August 7, 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