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.

GBPCAD Wave Analysis 25 April 2024

– GBPCAD reversed from key support level 1.6910 – Likely to rise to resistance level 1.7230 GBPCAD currency pair recently reversed up sharply from the key support level 1.6910, (former monthly low from February), standing well below the lower daily. Read more

GBPAUD Wave Analysis 25 April 2024

– GBPAUD reversed from support level 1.9135 – Likely to rise to resistance level 1.9360 GBPAUD currency pair recently reversed up from the pivotal support level 1.9135, which has been reversing the price from the start of April, intersecting with. Read more

EURGBP Wave Analysis 24 April 2024

– EURGBP reversed from resistance level 0.8625 – Likely to fall to support level 0.8550 EURGBP currency pair recently reversed down from the key resistance level 0.8625, which has been reversing the price from January, intersecting with the 50% Fibonacci. Read more

EURJPY Wave Analysis 24 April 2024

– EURJPY under bullish pressure – Likely to rise to resistance level 167.00 EURJPY currency pair under the bullish pressure after the price broke through the key resistance level  165.00, which has been reversing the price from March. The breakout. Read more

WTI crude oil Wave Analysis 23 April 2024

– WTI crude oil reversed from support zone – Likely to rise to resistance level 86.00 WTI crude oil recently reversed up from the support zone lying between the round support level 80.00 (low of wave (iv) from March), lower. Read more

USDCAD Wave Analysis 23 April 2024

– USDCAD reversed from long-term resistance level 1.3840 – Likely to fall to support level 1.3600 USDCAD currency pair continues to fall after the pair reversed down with the weekly Shooting Star from the major long-term resistance level 1.3840, which. Read more

Intel Wave Analysis 19 April 2024

– Intel broke support zone – Likely to fall to support level 32.50 Intel continues to fall inside the sharp minor impulse wave 1, which previously broke the support zone lying at the intersection of the two daily channels from. Read more

GBPUSD Wave Analysis 19 April 2024

– GBPUSD broke key support level 1.2535 – Likely to fall to support level 1.2335 GBPUSD currency pair continues to fall strongly after breaking the key support level 1.2535, which has been steadily reversing the price from December. The breakout. Read more

EURJPY Wave Analysis 18 April 2024

– EURJPY reversed from resistance level 164.00 – Likely to fall to support level 163.85 EURJPY currency pair recently reversed down from the pivotal resistance level 164.00, which has been reversing the price from last month. The resistance level 164.00. Read more

EURUSD Wave Analysis 18 April 2024

– EURUSD reversed from resistance level 1.0685 – Likely to fall to support level 1.0600 EURUSD currency pair recently reversed down from the resistance level 1.0685, former multi-month support from February, acting as the support after it was broken. The. Read more

WTI Wave Analysis 17 April 2024

– WTI reversed from resistance zone – Likely to fall to support level 80.00 WTI crude oil recently reversed down from the resistance zone lying between the resistance level 86.00, upper daily Bollinger Band and the resistance trendline of the. Read more

EURGBP Wave Analysis 17 April 2024

– EURGBP reversed from strong support zone – Likely to rise to resistance level 0.8585 EURGBP currency pair recently reversed up from the strong support zone surrounding the powerful support level 0.8515, which has been reversing the price from last. Read more