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.

Gold bounces to form triple bottom

October 8, 2014 2:20 pm by

Gold (daily chart shown below) has bounced almost precisely off major support around the 1180 level. This rebound tentatively forms a triple bottom pattern in […]

EUR/USD slide poised to resume

October 6, 2014 2:16 pm by

EUR/USD (daily chart shown below) has attempted a modest rebound on Monday following Friday’s precipitous slide to a new two-year low around 1.2500. That drop […]

AUD/USD rebounds from long-term support

October 2, 2014 2:06 pm by

AUD/USD (daily chart shown below) has rebounded conspicuously from key support around the 0.8660 level. Wednesday’s low of 0.8662 was only slightly above the major […]