Coca-cola stock seems to be a promising investment opportunity. What is the detailed layout?
GBP/USD: bullish pattern to form
There's a 'V-Top' pattern, so the price is consolidating. However, it's likely to have a bullish pattern soon. In this case, we should watch the nearest resistance at 1.2588 as an intraday target. The subsequent pullback from this level could be a starting point for a decline towards the next support at 1.2432 - 1.2402.
The price has tested the closest support three times, so it's likely that the market is going to reach the next resistance at 1.2543 - 1.2562 shortly. If a pullback from this area happens little later on, there'll be a moment for a decline towards 1.2472 - 1.2432.
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.