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.

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

Citigroup Wave Analysis 16 April 2024

– Citigroup falling inside minor impulse wave 1 – Likely to fall to support level 54.80 Citigroup falling inside the sharp minor impulse wave 1 of the intermediate impulse wave (3) from the end of March. The price earlier broke the round. Read more

USDJPY Wave Analysis 16 April 2024

– USDJPY under the bullish pressure – Likely to rise to resistance level 156.35 USDJPY currency pair under the bullish pressure after the earlier breakout of the major resistance level 151.80, former yearly high from 2022 and 2023. The breakout. Read more

S&P 500 Wave Analysis 15 April 2024

– S&P 500 falling inside sharp c-wave – Likely to fall to support level 5000.00 S&P 500 index continues to fall inside the sharp c-wave of the minor ABC correction ii from the end of last month. The price earlier. Read more

EURUSD Wave Analysis 15 April 2024

– EURUSD broke support level 1.0730 – Likely to fall to support level 1.0570 EURUSD currency pair fall after the earlier breakout of the key support level 1.0730 (which has been reversing the price from December) intersecting with the 61.8%. Read more

USDCAD Wave Analysis 12 April 2024

– USDCAD broke key resistance level 1.3625 – Likely to rise to resistance level 1.3860 USDCAD rising strongly after the earlier breakout of the key resistance level 1.3625 (which has been reversing the price from December) intersecting with the 61.8%. Read more

GBPAUD Wave Analysis 12 April 2024

– GBPAUD reversed from support level 1.918 – Likely to rise to resistance level 1.9360 GBPAUD recently reversed up from the key support level 1.918 (which has been reversing the price from January). The support level 1.918 was strengthened by. Read more