Coca-cola stock seems to be a promising investment opportunity. What is the detailed layout?
USD/JPY: confirmed bearish 'Engulfing'
The last bearish 'Engulfing' hasn't been confirmed enough, so the pair is likely going to test the upper 'Window' (110.99) once again. If a pullback from this level happens little later on, there'll be a moment for a bearish correction.
There's a 'Harami', which has been formed on the 55 Moving Average. So, the pair is likley going to test the closest resistance at 110.65 shortly. A pullback from this level could be a starting point for a local decline.
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.