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Jun 12, 2025

GBP/USD chart on the hourly time frame

GBP/USD chart on the hourly time frame

Overall Trend: Consolidating within a symmetrical triangle, currently experiencing an upward breakout.
Nearby Support: 1.3470 (double bottom)


Current Resistance: 1.3590 – triangle top


MACD Indicator: Positive shift after a bullish crossover


Outlook: A confirmed breakout from the triangle projects a near-term target of 1.3620, provided the price remains above 1.3530

 


EUR/USD Chart on the hourtly time frame

EUR/USD Chart on the hourtly time frame

General trend: Upward within an expanding triangular channel.

Overall Trend: Bullish, with a break above a previous high and continuation within an ascending channel.
Nearby Support: 1.1440 (previously broken red line)


Current Resistance: 1.1520 – upper channel top


MACD Indicator: Positive and supports continued upward momentum


Outlook: Uptrend likely to continue as long as the price stays above 1.1480. Potential target at 1.1545 – caution advised due to potential overbought conditions near the top.

USD/JPY chart on the hourly time frame

USD/JPY chart on the hourly time frame

Technical Overview:

  • Clear break below a key support at 144.40
  • Bearish momentum continues after breaking the consolidation zone

Key Levels:
Current Support: 143.80
Next Support: 143.20 – 142.70
Current Resistance: 144.40 – 144.90

Outlook: As long as the price remains below 144.40, bearish pressure is expected to persist with potential targets at 143.20 and 142.70 in upcoming sessions.
 

 

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