Coca-cola stock seems to be a promising investment opportunity. What is the detailed layout?
GBP/USD: local bullish correction is underway
There's a 'V-Bottom', so a local bullish correction is underway. Even so, the pair is likely going to reach the nearest support at 1.2957 - 1.2938 in the short term. This area could be a starting point for a correction towards the nearest resistance at 1.3026 - 1.3049.
There's a consolidation, which is taking place between the levels 1.2994 - 1.3049. Also, it seems like we've got a 'Double Top', so it's time for another decline. The main intraday target is the next support at 1.2957 - 1.2938.
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.