Coca-cola stock seems to be a promising investment opportunity. What is the detailed layout?
AUD/USD: 'V-Bottom' pushing price higher
There's a 'V-Top' pattern, so the pair is declining. Meanwhile, we've got a 'V-Bottom', which has been formed right under the Moving Averages. Previously, we had a 'Head & Shoulders' pattern, so it's likely that the market is going to achieve the previously tested resistance at 0.7163. If a pullback from this level happens next, bears will probably try to deliver a downward correction in the direction of the Moving Averages.
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.
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.
USD/CHF formed a “hammer” candlestick on the D1. The most recent price low wasn’t confirmed by the Awesome Oscillator on this timeframe.