Coca-cola stock seems to be a promising investment opportunity. What is the detailed layout?
EUR/USD: 'V-Bottom' points to upward correction
There's a 'V-Bottom', so we're likely going to have an upward correction. The main intraday target is the nearest resistance at 1.1425 - 1.1478. A pullback from this area could be a starting point for another decline towards the next support at 1.1365.
It's likely that there's a 'Triple Bottom', so the price is rising. In this case, we should keep an eye on the 55 Moving Average as a bullish target. Meanwhile, if a pullback from this line happens next, there'll be a moment to have a decline in the direction of another support at 1.1365.
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.