Technical Analysis News

James Chen, Chief Technical Strategist at City Index, analyses the market to identify key technical levels for major currency pairs such as EUR/USD, GBP/USD and USD/JPY. If you’d like to see technical analysis news on any other market, pleases add a comment to one of the articles to make your request.

EUR/USD plunges back down towards lows

November 21, 2014 1:52 pm by

EUR/USD (daily chart shown below) plunged in early trading on Friday as markets moved dramatically after China’s surprise rate cut. Earlier in the week, EUR/USD […]

EUR/AUD attempts advance to resistance

November 20, 2014 3:22 pm by

EUR/AUD (daily chart shown below) has been attempting a move higher after rising from a double-bottom chart pattern around key 1.4200 support last week. The […]

EUR/USD failing to sustain rebound

November 17, 2014 12:27 pm by

EUR/USD (daily chart shown below) has thus far failed to sustain its most recent rebound after hitting a new two-year low of 1.2356 more than […]

USD/JPY surges to new seven-year high

November 14, 2014 2:55 pm by

USD/JPY (daily chart shown below) has continued its accelerated rise, hitting a new seven-year high and approaching the 117.00 handle in early trading on Friday. […]

GBP/USD declines towards new 2014 low

November 12, 2014 2:05 pm by

GBP/USD (daily chart shown below) declined sharply after Wednesday’s Bank of England quarterly inflation report, and is once again closely approaching the new 2014-low of […]

AUD/USD plunges to four-year low

November 5, 2014 2:30 pm by

AUD/USD (daily chart shown below) plunged to a four-year low on Wednesday, hitting a depth slightly below its 0.8600 downside support target. Previously, the currency […]