Categories: Technical analysis

American Express Wave Analysis – 25 November 2025

American Express: ⬆️ Buy

– American Express reversed from support area

– Likely to rise to resistance level 370.00

American Express recently reversed from support area between the key support level 340.00 (former resistance from September), lower daily Bollinger Band, 38.2% Fibonacci correction of the upward impulse 1 from August and the support channel from July.

The upward reversal from this support area started the active impulse wave v of the impulse waves 3 and (5).

Given the prevailing daily uptrend, American Express can be expected to rise further to the next resistance level 370.00 (which stopped the previous impulse wave iii).

The FxPro Tech Analysis Team

The FxPro 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 the active Elliott Wave setups, Japanese candlesticks, indicators, and support/resistance levels.

Share
Published by
The FxPro Tech Analysis Team

Recent Posts

CHFJPY Wave Analysis – 9 January 2026

CHFJPY: ⬆️ Buy - CHFJPY reversed from support area - Likely to rise to resistance…

8 hours ago

Exxon Mobil Wave Analysis – 9 January 2026

Exxon Mobil: ⬆️ Buy - Exxon Mobil reversed from support area - Likely to rise…

8 hours ago

Pro News Weekly: Dollar Rebounds as Markets Test New Limits

Welcome to Pro News Weekly! Here’s what is shaping the markets: 💵 The U.S. dollar…

12 hours ago

Geopolitics will destroy the euro

•    EURUSD falls due to geopolitics and expectations of tariff removal •    Gold returns to…

19 hours ago

Platinum Wave Analysis – 8 January 2026

Platinum: ⬇️ Sell - Platinum reversed from pivotal resistance level 150.00 - Likely to fall to…

1 day ago

Baidu Wave Analysis – 8 January 2026

Baidu: ⬇️ Sell - Baidu reversed from resistance zone - Likely to fall to support level…

1 day ago

This website uses cookies