Technical trading amp analysis report 14th April 2015

Chief Technical Strategist, James Chen, provides the weekly technical analysis outlook for four major currency pairs, including EUR/USD, GBP/USD, USD/JPY, and AUD/USD. The focus is […]


Blue avatar for FOREX.com guest contributors
By :  ,  Financial Analyst

Chief Technical Strategist, James Chen, provides the weekly technical analysis outlook for four major currency pairs, including EUR/USD, GBP/USD, USD/JPY, and AUD/USD.

The focus is on technical price trends and major support and resistance levels.


EUR/USD has broken down below its triangle consolidation pattern and has closely approached its downside target of 1.0500.

GBP/USD has also broken down and approached its downside target of 1.4500.

USD/JPY continues to consolidate below its long-term highs.

AUD/USD has neared its multi-year lows once again and continues to carry a strong bearish bias.

Related tags:

Open an account today

Experience award-winning platforms with fast and secure execution.

Web Trader platform

Our sophisticated web-based platform is packed with features.
Economic Calendar