Coca-cola stock seems to be a promising investment opportunity. What is the detailed layout?
NZD/JPY broke two resistance levels
- NZD/JPY broke two resistance levels
- Next buy target - 80.00
NZD/JPY recently broke through the two consecutive resistance levels – 78.00 and 78.50 – which coincide with the 38.2% and 50% Fibonacci correction levels of the previous sharp downward price impulse from the middle of January. The breakout of these resistance levels is aligned with the active impulse wave B from March. NZD/JPY is expected to rise toward the next buy target at next resistance level 80.00 (target price for the completion of the active wave B).
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.