Coca-cola stock seems to be a promising investment opportunity. What is the detailed layout?
AUD/CAD rising inside intermediate impulse wave (3)
- AUD/CAD rising inside intermediate impulse wave (3)
- Next buy target 0.9950
AUD/CAD continues to rise inside the intermediate impulse wave (3), which previously broke the key resistance level 0.9850 (which reversed the price with the daily Japanese candlestick reversal pattern Evening Star earlier in May, as can be seen below). The breakout of this resistance level accelerated the active impulse wave (3). AUD/CAD is expected to rise further toward the next buy target at the next resistance level 0.9950 (former resistance from the end of March).
The volatility of the oil price these days questions the previously taken uptrend. Or does it not?
AUD/JPY finds itself at the crossroads of several trends - we will use various time frames to foresee the possible scenarios.
AUD/JPY formed a “shooting star” candlestickon the W1. This week, it’s testing levels below the 50-week MA at 75.45.
On the W1, Brent oil formed a bullish “hammer”…
In times of political and economic uncertainties, analysts recommend investing in safe-haven assets. However, since recently, the USD with the weak American economic data and the easing monetary policy has been losing its status. What about the JPY and XAU? The situation is unclear.