Categories: Technical analysis

Starbucks Wave Analysis – 12 September 2025

Starbucks: ⬇️ Sell

– Starbucks broke the support area

– Likely to fall to support level 76.15

Starbucks recently broke the support area between the support level 85.00 (which stopped 2 earlier waves – 1 and i) and the 50% Fibonacci correction of the upward impulse wave 1 from April.

The breakout of this support area accelerated the active impulse wave c of the medium-term ABC correction 2 from the end of July.

Given the multi-month downtrend, Starbucks can be expected to fall to the next support level 76.15 (former low of waves A and (2)).

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: Starbucks

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