Coca-cola stock seems to be a promising investment opportunity. What is the detailed layout?
USD/JPY: 'Hammer' pattern on the 34 MA
There's a pullback from the 34 Moving Average, so we've got a 'Hammer' pattern. In this case, we could have a local upward correction. Anyway, the pair is likely going to test the lower 'Window' afterwards.
There're bullish patterns such a 'High Wave' and 'Hammer', so the market is likely going to test the Moving Averages. If a pullback from these lines happens little later on, there'll be a moment for another 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.
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.
USD/CHF formed a “hammer” candlestick on the D1. The most recent price low wasn’t confirmed by the Awesome Oscillator on this timeframe.