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 dips to five-month low

July 21, 2014 4:05 pm by

EUR/USD (daily chart shown below) dipped below the major 1.3500 support level on Friday to hit a five-month low at 1.3490 before rebounding slightly. The [...]

EUR/USD drops sharply from resistance

July 3, 2014 3:12 pm by

EUR/USD (daily chart) has dropped sharply from key resistance around the 1.3700 level, which is also where the 200-day moving average resides. Additionally the 1.3700 [...]