Coca-cola stock seems to be a promising investment opportunity. What is the detailed layout?
EUR/USD: 89 Moving Average acted as resistance
The 89 Moving Average has acted as resistance, so there's a 'High Wave' pattern, which hasn't been confirmed yet. In this case, the pair is likely going to test the nearest resistance at 1.1474 once again. A pullback from this level could lead to another decline.
There're bearish patterns such a 'Harami' and an 'Engulfing'. Therefore, the market will test the closest support at 1.1415 shortly. Meanwhile, if a pullback from this level happens little later on, we should watch the next resistance at 1.1474 as an intraday target.
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.
USD/CHF formed a “hammer” candlestick on the D1. The most recent price low wasn’t confirmed by the Awesome Oscillator on this timeframe.
Walmart stock price has been in a downtrend recently. Do we have to worry?
This week brought various economy news releases related to GBP. What is the layout of the British pound?