Technical trading amp analysis report 9th June 2015
City Index Chief Technical Strategist, James Chen, provides the weekly technical analysis outlook for five major currency pairs, including EUR/USD, GBP/USD, USD/JPY, AUD/USD, and USD/CAD. […]
City Index Chief Technical Strategist, James Chen, provides the weekly technical analysis outlook for five major currency pairs, including EUR/USD, GBP/USD, USD/JPY, AUD/USD, and USD/CAD. […]
City Index Chief Technical Strategist, James Chen, provides the weekly technical analysis outlook for five major currency pairs, including EUR/USD, GBP/USD, USD/JPY, AUD/USD, and USD/CAD.
The focus is on technical price trends and major support and resistance levels.
EUR/USD has risen back up from support but faces key resistance around the 1.1400 level.
GBP/USD continues to consolidate just above 1.5250-area support.
USD/JPY has pulled back after climbing to a 12-year high just short of its 126.00 resistance target.
AUD/USD has continued to consolidate near its April multi-year lows.
USD/CAD has pulled back after a sharp rise within a strong bullish trend.