Coca-cola stock seems to be a promising investment opportunity. What is the detailed layout?
GBP/USD: 55 Moving Average acted as resistance
There's a local 'V-Top' pattern, so the price is declining. The main intraday target is the next support area near the uptrend line. If we have a pullback from this zone little later on, bulls will probably try to test the nearest important resistance at 1.3032 - 1.3047.
The 55 Moving Average has acted as resistance, so we've got a 'Thorn' pattern, which pushed the price lower. In this case, it's likely that the market is going to reach the closest support at 1.2953 - 1.2923 in the coming hours.
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.