Technical trading amp analysis report 21st 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 […]


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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 begun to resume its bearish trend bias after a rebound from its lows.

GBP/USD has also pointed back to the downside after a significant bounce from multi-year lows.

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

AUD/USD is in consolidation near its multi-year lows and continues to carry a strong bearish bias.

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