Amazon Wave Analysis – 6 January 2026

Amazon: ⬆️ Buy

– Amazon broke resistance zone

– Likely to rise to resistance level 250,00

Amazon recently broke the resistance zone between the key resistance level 238.00 (top of wave (1) from December) and the 50% Fibonacci correction of the downward correction 2 from the end of October.

The breakout of this resistance zone accelerated the active impulse wave 3 of the higher impulse wave (3) from December.

Given the clear daily uptrend, Amazon can be expected to rise to the next resistance level 250,00 (target price for the completion of the active impulse wave 3).

Source: https://fxpro.news