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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.

General Electric Wave Analysis – 27 January, 2023

• General Electric broke key resistance level 80.62 • Likely to rise to resistance level 87.500 General Electric earlier broke above the key resistance level 80.62 (which stopped the previous short-term upward impulse wave 3). The breakout of the resistance... Read more

Tesla Wave Analysis – 27 January, 2023

• Tesla broke resistance level 160.00 • Likely to rise to resistance level 200.00 Tesla rising sharply after the price broke the resistance level 160.00 intersecting with the 61.8% Fibonacci correction of the downward impulse from December. The breakout of... Read more

AUDUSD Wave Analysis – 27 January, 2023

• AUDUSD reversed from long-term resistance level 0.7110 • Likely to fall to support level 0.7000 AUDUSD currency pair recently reversed down from the long-term resistance level 0.7110 (former top of wave (2) from the start of August). The downward... Read more

ExxonMobil Wave Analysis – 26 January, 2023

• ExxonMobil broke key resistance level 114.00 • Likely to rise to resistance level 120.00. ExxonMobil recently broke above the key resistance level 114.00 (which reversed the price multiple times during the last November). The breakout of the resistance level 114.00... Read more

EURCAD Wave Analysis – 26 January, 2023

• EURCAD reversed from pivotal resistance level 1.4595 • Likely to fall to support level 1.4400 EURCAD currency pair recently reversed down from the pivotal resistance level 1.4595 (which stopped the sharp uptrend in the middle of December). The resistance... Read more

Natural gas Wave Analysis – 26 January, 2023

• Natural gas broke support zone • Likely to fall to support level 2.5000 Natural gas recently broke the support zone lying between the round support level 3.000 and the support level 3.500, which started the sharp uptrend at the... Read more

GBPNZD Wave Analysis – 25 January, 2023

  • GBPNZD reversed from support level 1.9000 • Likely to rise to resistance level 1.9330 GBPNZD  currency pair recently reversed up from the round support level 1.9000 (which has been reversing the price from December) intersecting with the lower daily... Read more

EURNZD Wave Analysis – 25 January, 2023

• EURNZD reversed from support level 1.670 • Likely to rise to resistance level 1.7000 EURNZD currency pair recently reversed up from the key support level 1.670 (which stopped the previous waves (a), A and (2)) intersecting with the lower... Read more

AUDJPY Wave Analysis – 24 January, 2023

• AUDJPY reversed from key resistance level 92.00 • Likely to fall to support level 90.00 AUDJPY currency pair recently reversed down from the key resistance level 92.00 (which stopped the two of the previous minor waves -1 and b)... Read more

WTI crude oil Wave Analysis – 24 January, 2023

• WTI crude oil reversed from resistance level 81.6 • Likely to fall to support level 78.0 WTI crude oil recently reversed down from the pivotal resistance level 81.6 (which has been reversing the price from the end of November)... Read more

CADJPY Wave Analysis – 23 January, 2023

• CADJPY reversed from support level 96.00 • Likely to rise to resistance level 98.00 CADJPY currency pair recently reversed up from the pivotal support level 96.00 (which has been reversing the price from the middle of December) intersecting with... Read more

AUDUSD Wave Analysis – 23 January, 2023

• AUDUSD reversed from support level 0.6885 • Likely to rise to resistance level 0.7060 AUDUSD currency pair recently reversed up with the daily Bullish Engulfing from the key support level 0.6885 (previous monthly high from the start of December).... Read more