Coca-cola stock seems to be a promising investment opportunity. What is the detailed layout?
EUR/USD reached buy target 1.1700
- EUR/USD reached buy target 1.1700
- Next buy target - 1.1800
EUR/USD recently reached the resistance level 1.1700 (which was set as the buy target in our earlier forecast for this currency pair). The price earlier reversed up from the key support level 1.1500 – which stated the active minor impulse wave (v) – which belongs to the impulse wave 5 from the middle of June. With the accelerating daily Momentum - EUR/USD is expected to rise further to the next buy target at the next resistance level 1.1800 (forecast price calculated for the completion of the active impulse wave 5).
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.