Coca-cola stock seems to be a promising investment opportunity. What is the detailed layout?
CAD/CHF reversed from resistance zone
- CAD/CHF reversed from resistance zone
- Next sell target - 0.7230
CAD/CHF recently reversed down with the daily Bearish Engulfing from the resistance zone lying between the key resistance level 0.7400 (which stopped the previous minor correction 4 in February, as can be seen from the daily CAD/CHF chart below), 30-day moving average and the 61.8% Fibonacci correction of the previous downward impulse from February. CAD/CHF is likely to fall toward the next sell target at the next support level 0.7230 (low of the previous 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.