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 […]
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 […]
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.