Coca-cola stock seems to be a promising investment opportunity. What is the detailed layout?
USD/JPY: 'Belt Hold' pushed pair higher
The market has been rising since the last 'Belt Hold' was formed. There's no any reversal pattern so far, which means we should keep an eye on the next resistance at 111.46 as a starting point for a local downward correction.
All the last candles are bullish. However, it's likely to have a correction towards the nearest support at 111.18. If we have a pullback from this level, there'll be an opportunity to have a bullish price movement towards another resistance at 111.46.
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.