Coca-cola stock seems to be a promising investment opportunity. What is the detailed layout?
USD/CAD reversed from support zone
- USD/CAD reversed from support zone
- Next buy target - 1.3500
USD/CAD recently reversed up from support zone lying between the support level 1.3270 the upper trendline of the recently broken up channel from April (acting as support after it was broken previously). The upward reversal from this support zone started the active minor impulse wave (iv) – which belongs to the primary impulse waves 3 and (3). USD/CAD is expected to rise further toward the next buy target at the next resistance level 1.3500 (target for completion of wave (3)).
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.