Coca-cola stock seems to be a promising investment opportunity. What is the detailed layout?
Crude Oil (WTI) looking to test the $66 zone
Crude Oil has been trading in a strong bullish bias during this week and it managed to break above the 63.00 milestone. Above it, we’re seeing a bullish formation that could confirm our current forecast of a cycle duplication towards the Fibonacci extension level of 100% at 66.15. Around that area, we could expect some declines to take place in order to reach the 200 SMA at H1 chart.
RSI indicator is off from the overbought levels, favoring to the pullbacks in the short-term.
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.