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 rebounds to target new highs

April 16, 2014 2:40 pm by

EUR/USD (daily chart shown below) has just rebounded off its 50-day moving average as it seeks potentially higher highs within a continuing bullish trend. This [...]

GBP/USD maintains long-term highs

April 15, 2014 5:24 pm by

GBP/USD (daily chart shown below) has bounced off its 50-day moving average after pulling back slightly from a conspicuous double-topping pattern. That double-top had its [...]

Gold begins tentative recovery

April 10, 2014 3:33 pm by

Gold (daily chart shown below) has begun a tentative recovery within the past week that has pushed the precious metal back up to its 50-day [...]

EUR/USD attempts another advance

April 9, 2014 3:39 pm by

EUR/USD (daily chart shown below) has rebounded once again from the key 1.3700 support area to emerge above its 50-day moving average. This rebound occurs [...]

Pound on the rebound

April 8, 2014 4:01 pm by

GBP/USD (daily chart shown below) has rebounded back up to around the 1.6750 resistance area after having pulled back to a low of 1.6458 two [...]

Gold gives back 50% of 2014 gains

March 31, 2014 3:39 pm by

Gold (daily chart shown below) has given back 50% of its year-to-date gains as it’s fallen swiftly within the past two weeks from its recent [...]