Coca-cola stock seems to be a promising investment opportunity. What is the detailed layout?
EUR/USD: pair consolidating under closest resistance
The market is still consolidating under the closest resistance by the middle of the last red candle. Thus, it's likely that the price is going to test the lower 'Window' at 1.1327 in the coming hours. A pullback from this level could lead to the beginning of an upward correction.
There's a local bullish 'Hammer', which has been confirmed. In this case, we should watch the nearest resistance at 1.1384. If a pullback from this level happens next, bears will probably try to reach another support at 1.1327.
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.