Coca-cola stock seems to be a promising investment opportunity. What is the detailed layout?
EUR/USD: confirmed bearish 'Engulfing'
There's a bearish 'Engulfing', which has been confirmed, so the market is likely going to test the nearest support at 1.1447 in the coming hours. The subsequent pullback from this level could lead to another bullish rally in the direction of the next resistance at 1.1554.
We've got a confirmed 'Shooting Star', which formed at the last high, so the pair is declining. The main intraday target is the closest support at 1.1447, which is near the 34 Moving Average. If a pullback from this line happens next, bulls will probably try to achieve the upper 'Window' (1.1554).
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.