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Sep 16, 2025

GBP/USD chart on the hourly time frame

GBP/USD chart on the hourly time frame

Trend: Bullish

Pattern: Rising wedge (typically bearish reversal)

Resistance: 1.3619

Support: 1.3578 and 1.3495

MACD: Bullish but losing momentum

Analysis: Price is at the wedge resistance. A break above confirms continuation; a drop below 1.3578 may signal bearish correction.


 

EUR/USD Chart on the hourtly time frame

EUR/USD Chart on the hourtly time frame

Trend: Bullish

Pattern: Symmetrical triangle (bullish breakout potential)

Resistance: 1.1785 (key horizontal level)

Support: 1.1700 and 1.1656 (ascending trendline + blue support)

MACD: Bullish momentum

Analysis: The pair is testing strong resistance. If it breaks above 1.1785, further upside is expected. If not, expect a pullback toward 1.1700–1.1656.
 

USDJPY chart on the hourly time frame

USDJPY chart on the hourly time frame

Trend: Sideways

Pattern: Symmetrical triangle

Resistance: 148.29

Support: 146.50

MACD: Slightly bearish

Analysis: Price is near the triangle's lower boundary. A break below 147.00 may confirm bearish breakout. If it holds, expect more consolidation.
 

 

- A review of yesterday's report dated September 15, 2025.

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