Forex Technical Analysis | Quant Global Trade

Technical analysis of some currency pairs:

Technical Analysis Report (October 26, 2026):

The GBP/USD chart on the hourly time frame:

GBP/USD trades near 1.33727 on the H1 chart, with fading bullish momentum and emerging selling pressure. MACD indicates continued weakness.

●    Trend: Short-term bearish.
●    Support: 1.33550, then 1.33420.
●    Resistance: 1.33840, then 1.34100.

Technical outlook: Staying below 1.33840 may expose support levels, while a breakout could support a recovery.



EUR/USD chart on the hourly time frame:

EUR/USD trades near 1.12171, attempting a short-term recovery despite persistent negative MACD momentum.

●    Trend: Bearish with a limited rebound.
●    Support: 1.11805, then 1.11570.
●    Resistance: 1.12275, then 1.12510.

Technical outlook: A break below 1.11805 may extend losses, while a move above 1.12275 could support a recovery.



USDJPY chart on the hourly time frame:

USD/JPY trades near 157.013, maintaining a bearish trend despite improving negative momentum and a limited rebound.

●    Trend: Bearish with a corrective rebound.
●    Support: 156.460, then 156.000.
●    Resistance: 157.320, then 157.750.

Technical outlook: A break below 156.460 may extend losses, while a move above 157.320 could support further recovery.