Coca-cola stock seems to be a promising investment opportunity. What is the detailed layout?
AUD/NZD broke key support level 1.0650
- AUD/NZD broke key support level 1.0650
- Next sell target - 1.0500
AUD/NZD continues to fall inside the sharp minor impulse wave 3 which previously broke below the key support level 1.0650 (which has been reversing the price from the end of February). The breakout of the support level 1.0650 accelerated the active intermediate impulse wave (C) from the end of January. AUD/NZD is expected to fall toward the next sell target at next support level 1.0500 (target for the completion of wave (C)).
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.