Coca-cola stock seems to be a promising investment opportunity. What is the detailed layout?
GBP/USD: pair is consolidating
Bears faced with resistance at 1.3244, so the pair is consolidating. The main intraday target is the next resistance at 1.3297 - 1.3314. A pullback from this area could be a starting point for a bearish correction to 1.3244 - 1.3216.
It seems like there's a triangle pattern. If so, the market is likely going to continue moving up in the coming hours. In this case, we should keep an eye on the nearest resistance at 1.3314, which could lead to a downward correction.
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.