Coca-cola stock seems to be a promising investment opportunity. What is the detailed layout?
USD/CHF falling inside minor C-wave
- USD/CHF falling inside minor C-wave
- Next sell target - 0.9800
USD/CHF continues to fall inside the minor C-wave of the intermediate ABC correction (2) from the start of May – which started earlier – when the pair reversed down from the major resistance zone located between the multi-month resistance level 1.0040 (which also reversed the pair in last November) and the upper daily Bollinger Band. USD/CHF is expected to fall further toward the next sell target at next support level 0.9800 (target for the completion of the active wave (2)).
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.