Categories: Technical analysis

Google Wave Analysis – 25 April 2025

Google: ⬆️ Buy

– Google reversed from the support zone

– Likely to rise to the resistance level 161.75

Google recently reversed sharply from the support zone between the long-term support level 147.30 (which has been reversing the price from September of 2024) and the lower daily Bollinger Band.

The price previously broke the resistance trendline of the daily down channel from February – which strengthened the bullish pressure on Google.

Google can be expected to rise toward the next resistance level 161.75 (top of wave 2 from the middle of April).

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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