Coca-cola stock seems to be a promising investment opportunity. What is the detailed layout?
GBP/USD: 'Pennant' pattern pushing price higher
All the Moving Averages have been broken. It's likely that the pair is going to reach the next resistance at 1.3089 - 1.3103 during the day. A pullback from this area could be the beginning of a downward correction towards the nearest support at 1.3010 - 1.2989.
There's a 'Pennant' pattern, which turned out to be broken. In this case, we should watch the closest important resistance at 1.3073 - 1.3089 as an intraday target. The following pullback from these levels could lead to a bearish correction in the direction of 1.2985 - 1.2969.
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.