Coca-cola stock seems to be a promising investment opportunity. What is the detailed layout?
CAD/JPY reversed from resistance zone
- CAD/JPY reversed from resistance zone
- Next sell target - 83.20
CAD/JPY continues to fall after the earlier downward reversal from the resistance zone lying at the intersection of the resistance level 85.60 (which has been reversing the price from the middle of April, as can be seen below) and the resistance trendline from March. The downward reversal from this resistance zone started the active impulse wave (3). CAD/JPY is expected to fall further toward the next sell target at the next support level 83.20.
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.