Coca-cola stock seems to be a promising investment opportunity. What is the detailed layout?
EUR/USD: bullish 'Hammer' and 'Tweezers'
The 34 Moving Average has acted as support, so we've got a 'Hammer', which has been confirmed. In this case, after a short break, the pair is likely going to test the closest resistance at 1.1477 within the next few hours.
There're bullish patterns such a 'Hammer', a 'Tweezers' and an 'Inverted Hammer', which all have been confirmed. Meanwhile, if a pullback from the nearest resistance at 1.1421 forms next, we should watch the 144 Moving Average as a possible departure point for another bullish price movement.
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.