Coca-cola stock seems to be a promising investment opportunity. What is the detailed layout?
EUR/USD: 'Triple Top' led to decline
It's likely that we're going to have a 'Triangle'. So, the price is likely going to test the next support at 1.1612 - 1.1601. A pullback from this area could be a departure point for an upward price movement towards the nearest resistance at 1.1654 - 1.1673.
The market has been declining since the last 'Triple Top'. The main intraday target is the closest support at 1.1601. If a pullback from this level formes little later on, there'll be an opportunity to have a bullish rally in the direction of another resistance 1.1661 - 1.1679.
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.