Coca-cola stock seems to be a promising investment opportunity. What is the detailed layout?
USD/CAD broke support zone
- USD/CAD broke support zone
- Next sell target - 1.2600
USD/CAD continues to fall after the earlier breakout of the support zone lying between the pivotal support level 1.2800 (which reversed the price twice in March) and the 38.2% Fibonacci correction of the upward price impulse 1 from the start of February. The breakout of this support zone accelerated the active minor impulse wave (c). USD/CAD is expected to fall further toward the next sell target at the next support level 1.2600.
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.