Coca-cola stock seems to be a promising investment opportunity. What is the detailed layout?
EUR/USD: confirmed bearish 'High Wave'
There's a bearish 'High Wave', which has been confirmed. So, the price is likely going to test the nearest resistance at 1.1368. If a pullback from this level happens little later on, bears will probably try to reach the next support at 1.1268, which could be a departure point for an upward correction.
We've got a bearish 'Hammer', which confirmed by the following 'Three Methods' pattern. The pair has reached the 34 Moving Average, but there's no any reversal pattern so far. In this case, we should watch the 89 Moving Average (1.1368) as an intraday target. The subsequent pullback from this level could lead to another decline.
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.