Coca-cola stock seems to be a promising investment opportunity. What is the detailed layout?
EUR/USD: "Double Top" under 34 MA
Bears faced with support at 1.1712, so there's a "V-Bottom", which pushed the price to the nearest resistance at 1.1756. Considering that there was a pullback from the Moving Averages, the market is likely going to test the nearest support at 1.1712 - 1.1695 in the short term.
There's a "Double Top", which has been formed under the 34 Moving Average. The main intraday target is the next support at 1.1712 - 1.1695. If a pullback from this area happens little later on, there'll be an opportunity to have an upward price movement towards the nearest resistance at 1.1756 - 1.1772.
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.
USD/CHF formed a “hammer” candlestick on the D1. The most recent price low wasn’t confirmed by the Awesome Oscillator on this timeframe.