Coca-cola stock seems to be a promising investment opportunity. What is the detailed layout?
EUR/USD: confirmed "Thorn" pattern
The main trend is still bullish. There's a confirmed "Thorn" pattern, so the market is likely going to test the next resistance at 1.2384 - 1.2445. If a pullback from this area happens little later on, there'll be an opportunity to have a decline towards the nearest support at 1.2359 - 1.2319.
There's a consolidation, which is taking place under the Moving Averages. It's likely that the pair is going to test the closest support at 1.2301 - 1.2283, which could be a departure point for another upward 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.