Coca-cola stock seems to be a promising investment opportunity. What is the detailed layout?
EUR/USD: bearish 'Engulfing' pattern
There's a bearish 'Engulfing', which hasn't been confirmed yet. So, it's time for a local downward correction. Anyway, the market is likely going to test the next resistance at 1.1662 little later on.
We've got a 'Shooting Star', which has been confirmed enough. Therefore, the price is likely going to achieve another support at 1.1557 shortly. A pullback from this level could be a departure point for a bullish rally towards the upper 'Window' (1.1662).
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.