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EUR/USD Chart on the hourtly time frame

The pair trades near a descending trendline after rebounding strongly from the previous support at 1.1560.
 The MACD shows slowing bullish momentum, while short-term moving averages still provide mild upward support.
 

Technical View:
 Resistance stands at 1.1720, a key level that may determine the next direction.
 Failure to break above could trigger a pullback toward 1.1650 – 1.1620,
 while a confirmed breakout would open the way toward 1.1780.
 

Outlook: Slight downside bias in the short term unless 1.1720 is broken decisively.
 

USDJPY chart on the hourly time frame The pair trades in a tight range as the dollar weakens and safe-haven demand for the yen increases.  The MACD is turning negative, indicating downside risk.   Technical View:  Support is seen at 149.20, resistance at 150.60.  A drop below support could open the way toward 148.50.   Outlook: Mildly bearish with potential sideways consolidation.

- A look at yesterday report dated October 16, 2025.