Navigate the Financial Wilderness!
Navigate the Financial Wilderness!

The FxPro Tech Analysis Team

FxPro’s technical experts prepare a daily analysis of the most active currency pairs (majors, crosses, exotics) and commodities. Selected instruments are reviewed on daily trends (D1, H4), using active Elliott Wave setups, Japanese candlesticks, indicators, and support/resistance levels.

EURJPY Wave Analysis 25 July 2024

– EURJPY reversed from support level 165.00 – Likely to rise to resistance level 168.00 EURJPY currency pair recently reversed up from the pivotal support level 165.00 (former strong resistance from March and April, which also stopped the previous correction 2. Read more

USDCAD Wave Analysis 25 July 2024

– USDCAD reversed from long-term resistance level 1.3850 – Likely to fall to support level 1.3760 USDCAD currency pair is under bearish pressure after previously reversing from the long-term resistance level 1.3850 (which has been repeatedly reversing the price from the. Read more

AUDCHF Wave Analysis 24 July 2024

– AUDCHF broke support level 0.5865 – Likely to fall to support level 0.5735 AUDCHF currency pair recently broke the key support level 0.5865 (which stopped the previous correction (A) in the middle of June). The breakout of the support level. Read more

GBPAUD Wave Analysis 24 July 2024

– GBPAUD broke multi-month resistance level 1.9510 – Likely to rise to resistance level 1.9700 GBPAUD currency pair recently broke above the multi-month resistance level 1.9510 (which has been reversing the price from February). The breakout of the resistance level 1.9510. Read more

NZDJPY Wave Analysis 23 July 2024

– NZDJPY falling inside ABC correction (2) – Likely to reach support level 92.00 NZDJPY currency pair falling sharply after the price broke the support area located between the support level 95.50 and the 38.2% Fibonacci retracement of the previous impulse. Read more

EURUSD Wave Analysis 23 July 2024

– EURUSD reversed from resistance area – Likely to fall to support level 1.0800 EURUSD currency pair recently reversed down from the resistance area set between the multi-month resistance level 1.0920 (which has been reversing the price from the start of. Read more

General Electric Wave Analysis 22 July 2024

– General Electric reversed from support area – Likely to rise to resistance level 165.00 General Electric earlier reversed up from the support area located between the key support level 156.55 (which reversed the price multiple times from June), lower daily Bollinger. Read more

S&P 500 Wave Analysis 22 July 2024

– S&P 500 continues daily uptrend – Likely to rise to resistance level 5675.00 S&P 500 Index recently reversed from the support area between the key support level 5500.00 (former resistance from June) and the 38.2% Fibonacci correction of the. Read more

Gold Wave Analysis 19 July 2024

– Gold reversed from resistance area – Likely to fall to support level 2350.00 Gold recently reversed down from the resistance area located between the pivotal resistance level 2440.00 (which stopped the previous waves 3 and 5, as can be. Read more

GBPUSD Wave Analysis 19 July 2024

– GBPUSD reversed from resistance area – Likely to fall to support level 1.2820 GBPUSD currency pair earlier reversed down from the resistance area located between the key resistance level 1.3060 (which stopped the multi-month uptrend in July) and the. Read more

EURJPY Wave Analysis 18 July 2024

– EURJPY reversed from support area – Likely to rise to resistance level 172.95 EURJPY currency pair today reversed up from the support area located between the pivotal support level  170.95 (which stopped the pair in April and May), lower. Read more

USDCHF Wave Analysis 18 July 2024

– USDCHF reversed from support area – Likely to rise to resistance level 0,9000 USDCHF currency pair today reversed up from the support area located between the key support level  0.8835 (which created the Morning Star in June), 38.2% Fibonacci. Read more