Categories: Technical analysis

Ebay Wave Analysis – 2 June 2025

Ebay: ⬆️ Buy

– Ebay broke resistance zone

– Likely to rise to resistance level 80.00

Ebay recently broke the resistance zone between the key resistance level 72.00 and the resistance trendline of the daily Up Channel from last year.

The breakout of this resistance zone accelerated the active weekly impulse wave 3, which belongs to the intermediate impulse wave (3) from 2024.

Given the multiyear uptrend, Ebay can be expected to rise to the next resistance level 80.00 (which stopped the weekly uptrend in 2021).

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.

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The FxPro Tech Analysis Team
Tags: eBay

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