Coca-cola stock seems to be a promising investment opportunity. What is the detailed layout?
EUR/USD: market to test nearest resistance area
There's a bullish 'Tower', which hasn't been confirmed yet. So, the market is likely going to test the nearest resistance area, which could be a starting point for another decline.
We've got bullish patterns such a 'High Wave' and a 'Harami', which both have confirmation. At the same time, there's a 'Hanging Man', so there's an opportunity to have a local downward correction. Nevertheless, the market is likely going to test the upper 'Window' afterwards.
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.