Coca-cola stock seems to be a promising investment opportunity. What is the detailed layout?
EUR/USD: 'V-Top' pattern
There's a 'V-Top' pattern, so the market is likely going to test the 89 Moving Average in the short term. A pullback from this line could be a departure point for an upward price movement towards the next resistance at 1.2358 - 1.2377.
We've got a 'Triple Top', so we should keep an eye on the 89 Moving Average as an intraday target. Meanwhile, if a pullback from this line happens little later on, bulls will probably try to test the nearest resistance area between the levels 1.2358 - 1.2377.
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.