Coca-cola stock seems to be a promising investment opportunity. What is the detailed layout?
EUR/USD: 'V-Top' on the 55 Moving Average
The main trend is still bearish, but the price faced with support at 1.1661, so the market is consolidating. However, there's a 'V-Top' pattern, so the pair is likely going to test the next support at 1.1636 - 1.1605, which could be a departure point for an upward correction.
We've got a 'V-Top', which has been formed on the 55 Moving Average. So, after a short break, we're likely going to have another decline in the direction of the nearest support at 1.1636 - 1.1605.
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.