Coca-cola stock seems to be a promising investment opportunity. What is the detailed layout?
AUD/JPY reversed from resistance zone
- AUD/JPY reversed from resistance zone
- Next sell target - 84.00
AUD/JPY recently reversed down from the resistance zone lying between the pivotal resistance level 84.00 (which has been reversing the price from and the start of March), upper daily Bollinger Band and the 38.2% Fibonacci correction of the previous sharp downward impulse from January. AUD/JPY is expected to fall further toward the next sell target at the next support level 82.00. Strong resistance remains at the aforementioned resistance level 84.00.
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.