Coca-cola stock seems to be a promising investment opportunity. What is the detailed layout?
EUR/NZD reversed from resistance zone
- EUR/NZD reversed from resistance zone
- Next sell target - 1.6600
EUR/NZD recently reversed down from the resistance zone lying between the recently broken former support trendline of the daily up channel from January (acting as resistance after it was broken recently) and the 100-day moving average. The downward reversal from this resistance zone accelerated the active minor impulse wave (c). EUR/NZD is expected to fall toward the next sell target at the next support level 1.6600 (low of wave 2 from January).
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.
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.
USD/CHF formed a “hammer” candlestick on the D1. The most recent price low wasn’t confirmed by the Awesome Oscillator on this timeframe.