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Analytics from experts
USD/CAD: US dollar is recovering
Today, during the Asian session, the USD/CAD pair is growing moderately, retreating from local lows since June 24, renewed yesterday.
NZD/USD: the instrument is rising
NZD continues moderate growth against USD, approaching another resistance near 0.6500. Support for the instrument is provided by not the strongest USD.
Altria Group Inc.: wave analysis
The price may grow.
On the 4-hour chart, a downward correction of the higher level developed as the wave 2, and the formation of the wave 3 started. Now, the first entry wave 1 of (1) of 3 is forming, within which a local correction has ended as the wave iv of 1, and the development of the wave v of 1 is starting. If the assumption is correct, the price will grow to the levels of 43.93–46.31. In this scenario, critical stop loss level is 38.10.
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