Coca-cola stock seems to be a promising investment opportunity. What is the detailed layout?
CHF/JPY reversed from support area
- CHF/JPY reversed from support area
- Next buy target - 112.30
CHF/JPY recently reversed up from the support area lying between the pivotal support level 111.00, 50-day moving average and the upper trendline of the recently broke down channel from March (acting as support after it was broken). The upward reversal from this support area continues the active medium-term impulse wave (3). CHF/JPY is expected to rise further toward the next buy target at the next resistance level 112.30 (top of wave 4 from April).
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.