USDJPY currency pair can be expected to rise further toward the next resistance level 160.00, target price for the completion of the active impulse sequence (C).
Technical Analysis
The latest technical analysis for major currency pairs, metals, commodities, and cryptocurrencies.
Solana cryptocurrency can be expected to fall further toward the next support level 130.00, target price for the completion of the active impulse wave (i).
EURCHF currency pair can be expected to rise further toward the next major resistance level 0.9840, which stopped the pervious waves C and B, as can be seen below.
WTI crude oil can be expected to rise further toward the next major resistance level 86.00, which has been reversing the price from October.
GBPUSD currency pair can be expected to fall further toward the next support level 1.2200, previous strong support from November.
Bitcoin cryptocurrency can be expected to rise further toward the next resistance level 67000.00, top of the previous minor correction ii.
EURUSD currency pair can be expected to fall further toward the next support level 1.0600 (which reversed the price earlier this month).
S&P 500 index can be expected to fall further toward the next support level 5000.00, followed by 4940.00 (which reversed the price twice in February).
FTSE 100 index can be expected to fall further toward the next support level 7760.00, former strong resistance from last year, acting as the support after it was broken this January.
GBPUSD currency pair can be expected to all further toward the next support level 1.2400, target price for the completion of the active minor impulse wave.
Given the clear daily uptrend and the continuation of the bullish USD sentiment, USDJPY currency pair can be expected to rise further toward the next resistance level 1.3700, former resistance from November.
USDJPY currency pair can be expected to rise further toward the next resistance level 154.00, target price for the completion of the active impulse wave iii.
EURGBP currency pair can be expected to fall further toward the next support level 0.8545, which has been reversing the price from the middle of March.
Amazon recently broke the key resistance level 180.00, which has been reversing the price from the start of March, as can be seen from the daily Amazon chart below.
Ethereum cryptocurrency recently reversed up from the pivotal support level 3200.00, which has been reversing the price from the start of March,
GBPUSD currency pair recently reversed up from the key support level 1.2570, which has been reversing the price from the start of February,
FTSE 100 index can be expected to fall further toward the next support level 7800.00.
WTI crude oil can be expected to rise further toward the next resistance level 86.00, target price for the completion of the active impulse wave iii, coinciding with the daily up channel from January.
Gold can be expected to rise further toward the next resistance level 2250.00 – the breakout of which can lead to further gains toward 2300.00.