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.

USD/JPY rises to four-month high

August 21, 2014 3:51 pm by

USD/JPY (daily chart shown below) rose to a high of 103.95 on Thursday, establishing more than a four-month high for the currency pair. Prior to […]

EUR/USD breaks down to new lows

August 20, 2014 6:27 pm by

EUR/USD (daily chart) on Wednesday has tentatively broken down below its original downside target of 1.3300, establishing a new 11-month low and extending the sharp […]

S&P 500 stalls after pullback

August 7, 2014 4:56 pm by

The S&P 500 Index (daily chart) has stalled after pulling back to a key uptrend support line extending back almost two years to late 2012. […]