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.

GBP/USD maintains bearish trend bias

March 27, 2015 2:15 pm by

GBP/USD (daily chart shown below) continues to maintain an overall bearish trend bias despite last week’s spike. That rebound attempt was prompted by a swift, […]

EUR/USD rebounds towards resistance

March 25, 2015 1:51 pm by

EUR/USD (daily chart shown below) has continued its rebound towards key resistance at 1.1100, a prior support target, which is also where the 50-day moving […]

USD/JPY maintains pullback from highs

March 23, 2015 2:03 pm by

USD/JPY (daily chart shown below) has maintained its pullback from the 122.00 high hit two weeks ago. This pullback was significantly exacerbated by last week’s […]

AUD/USD continues to be weighed down

March 20, 2015 2:40 pm by

AUD/USD (daily chart shown below) has once again resumed a generally bearish stance after short-lived gains due to the US dollar reaction to Wednesday’s Fed […]

GBP/USD plunges to major support

March 11, 2015 1:56 pm by

GBP/USD (daily chart shown below) has declined sharply within the past two weeks to approach major support around the 1.5000 level. In the process, the […]