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.

AUD/USD drops further to six-month low

September 18, 2014 2:07 pm by

AUD/USD (daily chart shown below) has tentatively dropped below key support around the 0.9000 psychological level, establishing a new six-month low. This further decline extends […]

GBP/USD and Scottish independence

September 16, 2014 1:02 pm by

The Scottish independence referendum this week promises to be a pivotal, market-moving event for both equities and currencies. Aside from its obvious potential effect on […]

USD/JPY surges to six-year high

September 15, 2014 2:09 pm by

USD/JPY (daily chart shown below) has continued its breakout run of the past month, far surpassing its 2014 high of 105.43 which was hit at […]

EUR/USD plunges towards 2013 lows

September 5, 2014 6:00 pm by

EUR/USD (daily chart shown below) has continued its dramatic plunge towards long-term lows. Thursday’s price action brought the currency pair down below two major support […]