Coca-cola stock seems to be a promising investment opportunity. What is the detailed layout?
GBP/USD: local 'V-Top' pattern
There's a local 'V-Top' pattern, so the market is likely going to test the closest support at 1.3873 - 1.3856. Meanwhile, if a pullback from this area happens little later on, bulls will probably try to achieve another resistance at 1.3964 - 1.3982.
The price is consolidating near the 34 Moving Average. It's likely to have a local correction during the day. Even so, bears are likely going to deliver a new local low afterwards.
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.