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 range trades off highs

February 26, 2015 2:27 pm by

USD/JPY (daily chart shown below) has continued for the past two weeks to range trade and consolidate off its multi-year highs. This consolidation occurs after […]

Gold bounces from seven-week low

February 25, 2015 3:09 pm by

Gold (daily chart shown below) has declined sharply for more than a month from its late January high around 1307. Since that high, the precious […]

AUD/USD attempts rise from depths

February 20, 2015 2:18 pm by

AUD/USD (daily chart shown below) has wallowed near recent long-term lows as it continues to attempt a rise from its depths. Currently near the top […]

Crude oil struggles to recover

February 18, 2015 2:32 pm by

US crude oil (daily chart shown below), representing the West Texas Intermediate light sweet benchmark, has struggled to recover after having hit a new five-year […]

GBP/USD advances to 1.5400 resistance

February 13, 2015 2:37 pm by

GBP/USD (daily chart shown below) has advanced to key resistance around the 1.5400 level. This rise follows a tentative breakout above both a key downtrend […]

AUD/USD approaches new breakdown

February 12, 2015 2:11 pm by

AUD/USD (daily chart shown below) has once again dropped below the 0.7700 support level and approached the new five-year low of 0.7625 that was hit […]