Technical trading amp analysis report 30 June 2015

City Index 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 […]


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By :  ,  Financial Analyst

City Index 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 rose to fill the week’s opening down-gap, but still carries a generally bearish trend bias.

GBP/USD has continued to consolidate after pulling back from its year-to-date highs.

USD/JPY has pulled back down to hit key support around 122.00.

AUD/USD broke down below the lower border of a bearish flag pattern and could be poised for further downside.

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