Coca-cola stock seems to be a promising investment opportunity. What is the detailed layout?
NZD/JPY reversed from support zone
- NZD/JPY reversed from support zone
- Next buy target - 79.00
NZD/JPY recently reversed up from the support zone lying between the multi-month support level 76.20 (which reversed the earlier intermediate impulse wave (1) in November) and the lower daily Bollinger Band. The upward reversal from this support zone started the active minor corrective wave (ii). NZD/JPY is likely to rise toward the next buy target at the next resistance level 79.00 (top of the previous 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.