Coca-cola stock seems to be a promising investment opportunity. What is the detailed layout?
GBP/USD: pair rising since 'Double Bottom' formed
The market has been rising since a 'Double Bottom' was formed. It's likely that the pair is going to reach the closest resistance at 1.3450 - 1.3490 in the coming hours. If a pullback from these levels forms afterwards, bears will probably try to achieve the nearest support at 1.3344.
There's a consolidation, which is taking place under the channel's upper sider. The main intraday target is the closest support at 1.3401 - 1.3380, which could be a departure point for a bullish price movement in the direction of the next resistance at 1.3450 - 1.3473.
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.