Coca-cola stock seems to be a promising investment opportunity. What is the detailed layout?
GBP/AUD broke powerful resistance level 1.7650
- GBP/AUD broke powerful resistance level 1.7650
- Next buy target - 1.7800
GBP/AUD continues to rise inside the minor impulse wave 3, which today broke through the powerful, multi-month resistance level 1.7650 (which stopped the previous intermediate impulse wave (1) in May, as can be seen from the daily GBP/AUD chart below). GBP/AUD is expected to rise further in the active impulse waves 3 and (3) toward the next buy target at the next resistance level 1.7800.
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.