Coca-cola stock seems to be a promising investment opportunity. What is the detailed layout?
GBP/USD: market to test closest resistance
The last 'Double Top' led to the current decline. Meanwhile, it's likely to have an upward correction towards the nearest resistance at 1.3253 - 1.3277. If we have a pullback from this area little later on, there'll be a moment to have another bearish rally.
It seems like there's a 'Thorn'. If this pattern confirms, it'll be time for an upward correction. So, we should keep an eye on the closest resistance at 1.3253 - 1.3277 as a possible starting point for a decline.
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.