Coca-cola stock seems to be a promising investment opportunity. What is the detailed layout?
GBP/USD: another local 'V-Top" pattern
The market has been declining since the last 'Thorn' pattern formed. Meanwhile, if a pullback from the closest support at 1.3964 - 1.3928 happens, there'll be an opportunity to have a bullish correction in the direction of the nearest resistance at 1.4009 - 1.4045.
There's another local 'V-Top" pattern, so the pair is likely going to test the next support at 1.3964 - 1.3928. This area could be a starting point for a bullish price movement towards the closest resistance at 1.3982 - 1.4009.
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.