Chart the Market (14/08/2025)

USDJPY, H4: 

USD/JPY is under pressure after a false breakout was followed by a decisive move below its recent consolidation range, signaling further downside for the pair. Now trading at its lowest level this month, the pair is testing the 146.15 support. A break beneath this level would reinforce the bearish outlook and potentially accelerate the decline.

Technical indicators align with the downbeat view. The RSI is nearing oversold territory, while the MACD’s rejection at the zero line underscores that bearish momentum is firmly in control.

Resistance Levels: 146.90, 147.65

Support Levels: 146.15, 145.30

ETHUSD,  H4

Ethereum (ETH) continues to ride strong bullish momentum, surging to a fresh all-time high near the $4,800 mark and gaining more than 10% since breaking out of its recent consolidation range. However, traders should remain cautious of a potential technical retracement. Failure to hold above the uptrend support line could signal the start of a minor pullback.

Momentum indicators hint at easing strength. The RSI has retreated from overbought territory, while the MACD has edged lower after crossing at elevated levels — both suggesting bullish momentum may be losing some steam in the near term.

Resistance Levels: 4852.00, 5120.00

Support Levels: 4615.00, 4358.65