Coca-cola stock seems to be a promising investment opportunity. What is the detailed layout?
GBP/USD: 'V-Top' led to decline
There's a 'V-Top', so the price is declining. The main intraday target is the nearest support at 1.3072. A pullback from this level could be a starting point for another upward price movement in the direction of the next resistance at 1.3235 - 1.3257.
The last 'Pennant' pattern pushed the price lower. So, the pair is likely going to decline in the direction of the closest support at 1.3086 - 1.3072. If we have a pullback from this area, bulls will probably try to test another resistance at 1.3193 - 1.3216.
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.