Coca-cola stock seems to be a promising investment opportunity. What is the detailed layout?
GBP/USD: local 'V-Bottom'
We've got a local 'V-Bottom', so the pair is likely going to test the 34 Moving Average in the short term. If a pullback from this line arrives little later on, bears will probably try to deliver a new local low.
The pair is rising because of the last 'V-Bottom' pattern. The main intraday target is the nearest resistance at 1.3363 - 1.3377. So, if we have a pullback from these levels, there'll be time for another bearish rally.
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.