Categories: Technical analysis

Apple Wave Analysis – 16 April 2025

Apple: ⬇️ Sell

– Apple reversed from resistance level 210.00

– Likely to fall to support level 190.00

Apple earlier reversed down from the resistance zone between the resistance level 210.00 (former support from the start of March), 20-day moving average and the 50% Fibonacci correction of the impulse wave (1) from February.

The downward reversal from this resistance zone stopped the previous medium-term correction (2) from the start of April.

Apple can be expected to fall to the next support level 190.00 – the breakout of which can lead to further losses toward the next support level 170.00.

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
Tags: apple

Recent Posts

Forex has set its priorities

In 2026, experts favour the yen, see modest euro growth, and expect pressure on the…

1 hour ago

Bear market rebound in crypto is likely to continue

Crypto rebounds continue; Bitcoin faces resistance, with a mixed market outlook ahead, as regulatory changes…

2 hours ago

Coca-Cola Wave Analysis – 4 December 2025

Coca-Cola: ⬇️ Sell - Coca-Cola reversed from long-term resistance level 73.25 - Likely to fall to…

16 hours ago

DraftKings Wave Analysis – 4 December 2025

DraftKings: ⬆️ Buy - DraftKings reversed from support zone - Likely to rise to resistance level…

16 hours ago

NVDA Wave Analysis – 4 December 2025

NVDA: ⬆️ Buy - NVDA reversed from support zone - Likely to rise to resistance level…

17 hours ago

Basic Attention Token Wave Analysis – 4 December 2025

Basic Attention Token: ⬇️ Sell - Basic Attention Token reversed from resistance level 0.2800 - Likely…

17 hours ago

This website uses cookies