\\n

\\n\",\"\\n

The Dow will open at 34,200 after four straight days of gains

\\n

(Last update 3:52am EST, April 18, 2021)

\\n

\\n

The Dow Friday at a glance – Dow Jones rallied 164 points and maintained at 34,200 level.

\\n

A study of the Dow's chart pattern shows Dow immediate resistance is around 34,300, nearest support level is at 33,000. In terms of trend indicators, we can see that the MACD line is above the MACD signal line significantly, meaning the medium-term trend might turn negative. The CCI indicator is above 100. When the CCI (Commodity Channel Index) is at this level, it means the price is above the average price as measured by the indicator, indicating a possible start of a new uptrend. Momentum evaluation shows the Relative Strength Index indicates the Dow is in overbought condition, Keep an eye out for a slowdown of gains. Asset volatility analysis shows that a slight indication of a slowdown comes from looking at the Bollinger bands: the upper band is at 34,400 – a high enough level to usually suggest the Dow Jones is trading above its value.

\\n

Overall, the technical analysis suggests Dow is neutral for the immediate future, with no clear-cut direction.

\\n

The Dow started 2021 by gaining 10.56%.

\\n

\\n
\\n

Amazon just unveiled its new wireless earbuds that are smaller, cheaper and have better noise cancellation. @robotodd has the details: https://t.co/UiCjQhRgn3

\\n

— CNBC (@CNBC) April 18, 2021

\\n

\\n

\\n\",\"\\n

S&P will open at 4,185.47 after gaining 0.36% Friday

\\n

(Last update 3:52am EST, April 18, 2021)

\\n

\\n

S&P Friday at a glance – after starting the session at 4,170.42 S&P spiked to 4,191.31, dropped back to starting point range, and rallied again to 4,185.47.

\\n

Important graph levels to look out for: S&P 500 immediate resistance is around 4,194.27, nearest support level is at 3,768.47. In terms of trend indicators, we can see that the MACD line is above the MACD signal line significantly, meaning the medium-term trend might turn negative. The CCI indicator is above 100. When the CCI (Commodity Channel Index) is at this level, it means the price is above the average price as measured by the indicator, indicating a possible start of a new uptrend. Momentum evaluation shows The Relative Strength Index indicates S&P is in overbought condition, keep an eye out for a slowdown of gains. Asset volatility analysis shows that a slight indication of a slowdown comes from looking at the Bollinger bands: the upper band is at 4,239.84 – a high enough level to usually suggest S&P is trading above its value.

\\n

Overall, the technical analysis suggests the S&P 500 is neutral for the immediate future, with no clear-cut direction.

\\n

The S&P started 2021 by gaining 10.3%.

\\n

\\n
\\n

Amazon just unveiled its new wireless earbuds that are smaller, cheaper and have better noise cancellation. @robotodd has the details: https://t.co/UiCjQhRgn3

\\n

— CNBC (@CNBC) April 18, 2021

\\n

\\n

\\n\",\"\\n

Ahead of tomorrow's session Apple is trading around $134.16 after losing 0.25% Friday

\\n

(Last update 3:52am EST, April 18, 2021)

\\n

\\n

Apple Friday at a glance – the mobile and tech colossus slid down from $134.5 to $134.16, taking a 34 cents loss (0.25%). Trading volume was 84.92 million, below the daily average of 90.14 million.

\\n

The Chart pattern study shows Apple's nearest support level is at $116.36. In terms of trend indicators, we can see that at $133.65, Apple made an initial breakout below the 3 day Simple Moving Average, an indication of a negative trend. The MACD line is above the MACD signal line significantly, meaning the medium-term trend might turn negative. Japanese Candlesticks formations detected today are the "bearish harami”, Whenever it appears on top of a bullish overall trend, some traders would consider this as an indication of a reversal, of course. However, the Relative Strength Index indicates Apple is in overbought condition.

\\n

Overall, looking at the technical analysis landscape, it seems Apple might be pointing down in the short term.

\\n

With a market cap of $2.25 trillion, The mobile and tech colossus started in 2021 by gaining 1.09%. So far this year it is under-performing the Nasdaq by 7.2%.

\\n

\\n
\\n

Amazon just unveiled its new wireless earbuds that are smaller, cheaper and have better noise cancellation. @robotodd has the details: https://t.co/UiCjQhRgn3

\\n

— CNBC (@CNBC) April 18, 2021

\\n

\\n

\\n\",\"\\n

Ahead of tomorrow's session Facebook is trading around $306.18 after losing 0.53% Friday

\\n

(Last update 3:52am EST, April 18, 2021)

\\n

\\n

Facebook Friday at a glance – Mark Zuckerberg's company slid down from $307.82 to $306.18, taking a $1.64 loss (0.53%). Trading volume was 13.06 million, below the daily average of 18.35 million.

\\n

Facebook chart analysis: Facebook's nearest support level is at $293.54, followed by $278.74 at the next level. In terms of trend indicators, we can see that medium-term trend indications have turned negative as the MACD (moving average convergence divergence) index generated a crossover sell signal. This occurs as the MACD line crosses below the MACD signal line. Japanese Candlesticks formations detected today are the "bearish engulfing”, when it appears on top of a bullish overall trend, as it is now, some traders would consider this as an indication of a reversal, of course. In contrast, although down today, it's worth noting that at $306.8 Facebook did peak above the 3 day Simple Moving Average earlier, usually an indication that a positive move is maybe ahead.

\\n

Overall, looking at the technical analysis landscape – although indicators are mixed and some are pointing in different directions, it seems further drawbacks may be next for Facebook.

\\n

with a market cap of $869.94 billion, Mark Zuckerberg's company started in 2021 by gaining 10.73%. So far this year it is outperforming the Nasdaq by 2.44%.

\\n

\\n
\\n

Amazon just unveiled its new wireless earbuds that are smaller, cheaper and have better noise cancellation. @robotodd has the details: https://t.co/UiCjQhRgn3

\\n

— CNBC (@CNBC) April 18, 2021

\\n

\\n

\\n\",\"\\n

Amazon will open at $3,399.44 after gaining 0.6% Friday

\\n

(Last update 3:52am EST, April 18, 2021)

\\n

\\n

Amazon Friday at a glance – Jeff Bezos’s company went up to $3,399.44 and gained $20.44 compared to the $3,379 start of the day (0.6%). Trading volume was 3.19 million, above the daily average of 3.14 million.

\\n

Amazon's graph levels to watch: Amazon immediate resistance is around $3,419, nearest support level is at $2,952. In terms of trend indicators, we can see that at $3,372.74, Amazon made an initial breakout above the 5 day Simple Moving Average, an indication of a positive trend. Momentum evaluation shows The Relative Strength Index indicates Amazon is in overbought condition.

\\n

Overall, looking at the technical analysis landscape, it seems Amazon might continue pointing upwards in the short term.

\\n

With a market cap of $1.71 trillion, The tech and retail multifaceted giant has started 2021 by gaining 4.22%. So far this year it is under-performing the Nasdaq by 4.07%.

\\n

\\n
\\n

Amazon just unveiled its new wireless earbuds that are smaller, cheaper and have better noise cancellation. @robotodd has the details: https://t.co/UiCjQhRgn3

\\n

— CNBC (@CNBC) April 18, 2021

\\n

\\n

\\n\",\"\\n

Microsoft will open at $260.74 after gaining 0.48% Friday

\\n

(Last update 2:56am EST, April 18, 2021)

\\n

\\n

Microsoft Friday at a glance – the software giant went up to $260.74 and gained $1.24 compared to the $259.5 start of the day (0.48%). Trading volume was 22.83 million, below the daily average of 25.50 million.

\\n

Important graph levels to look out for: Microsoft immediate resistance is around $261.96, nearest support level is at $236.94. In terms of trend indicators, we can see that the MACD line is above the MACD signal line significantly, meaning the medium-term trend might turn negative. Asset volatility analysis shows that a slight indication of a slowdown comes from looking at the Bollinger bands: the upper band is at $264 – a high enough level to usually suggest Microsoft is trading above its value. However, the Relative Strength Index indicates Microsoft is in overbought condition, Keep an eye out for a slowdown of gains.

\\n

Overall, looking at the technical analysis landscape, it seems a reverse of course in the short term might be next for Microsoft.

\\n

with a market cap of $1.97 trillion, The software giant started in 2021 by gaining 14.77%. So far this year it is outperforming the Nasdaq by 6.48%.

\\n

\\n
\\n

Should millions of you quit Google Maps after shocking new data harvesting exposure? https://t.co/DKIByaWmmg

\\n

— Forbes (@Forbes) April 17, 2021

\\n

\\n

\\n\",\"\\n

Ahead of tomorrow's session Google is trading around $2,297.76

\\n

(Last update 2:56am EST, April 18, 2021)

\\n

\\n

Google Friday at a glance – Google closed at $2,297.76 with no clear-cut direction and ranged between $2,306.44 and $2,284.45. Trading volume was 1.13 million, below the daily average of 1.35 million.

\\n

An analysis of the Google chart suggests Google's nearest support level is at $2,108.54. In terms of trend indicators, we can see that the CCI indicator is above 100. When the CCI (Commodity Channel Index) is at this level, it means the price is above the average price as measured by the indicator, indicating a possible start of a new uptrend. Momentum evaluation shows the Relative Strength Index indicates Google is in overbought condition, Keep an eye out for a slowdown of gains. In contrast, the upper Bollinger band is at $2,316.68, indicating a downward move might be next.

\\n

Overall, looking at the technical analysis landscape, it seems Google might be pointing upward in the short term.

\\n

With a market cap of $1.54 trillion, The search engine giant started in 2021 by gaining 23.77%. So far this year it is outperforming the Nasdaq by 15.48%.

\\n

\\n
\\n

Should millions of you quit Google Maps after shocking new data harvesting exposure? https://t.co/DKIByaWmmg

\\n

— Forbes (@Forbes) April 17, 2021

\\n

\\n

\\n\",\"\\n

Tesla will open at $739.78 after gaining 0.13% Friday

\\n

(Last update 2:56am EST, April 18, 2021)

\\n

\\n

Tesla Friday at a glance – After starting the day at $738.85, Tesla went up to $749.41 only to drop back to the starting point and close at $739.78. Trading volume was 27.64 million, below the daily average of 32.02 million.

\\n

An analysis of Tesla chart suggests Tesla's nearest support level is at $563. In terms of trend indicators, we can see that at $744.47, Tesla made an initial breakout above the 3 day Simple Moving Average, an indication of a positive trend. Asset volatility analysis shows that the upper Bollinger band is at $771.65, indicating a downward move might be next.

\\n

Overall, the technical analysis suggests Tesla is neutral for the immediate future, with no clear-cut direction.

\\n

With a market cap of $710.08 billion, The trendy electric car company started in 2021 by gaining 4.62%. So far this year it is under-performing the Nasdaq by 3.67%.

\\n

\\n
\\n

Should millions of you quit Google Maps after shocking new data harvesting exposure? https://t.co/DKIByaWmmg

\\n

— Forbes (@Forbes) April 17, 2021

\\n

\\n

\\n\",\"\\n

Ahead of tomorrow's session Zoom is trading around $329.95 after losing 0.73% Friday

\\n

(Last update 2:56am EST, April 18, 2021)

\\n

\\n

Zoom Friday at a glance – the video communications platform provider slid down from $332.38 to $329.95, taking a $2.43 loss (0.73%). Trading volume was 2.42 million, below the daily average of 3.40 million.

\\n

Important graph levels to look out for: Zoom might start to recover soon because it is getting close and is now only $21.56 from the support line at $308.39, obviously dipping below it could be an indication that further losses are ahead. In terms of trend indicators, we can see that although down today, it's worth noting that at $328.28 Zoom did peak above the 10 day Simple Moving Average earlier, usually an indication that a positive move is maybe ahead. On the other hand, note that the upper Bollinger band at $340.28, indicating a further downward move might be next.

\\n

Overall, looking at the technical analysis landscape – although indicators are mixed and some are pointing in different directions, it seems Zoom might reverse course and start pointing upward in the short term.

\\n

With a market cap of $96.91 billion, The video communications platform provider started in 2021 by losing 2.22%. So far this year it is under-performing the Nasdaq by 10.51%.

\\n

\\n
\\n

Should millions of you quit Google Maps after shocking new data harvesting exposure? https://t.co/DKIByaWmmg

\\n

— Forbes (@Forbes) April 17, 2021

\\n

\\n

\\n\",\"\\n

Ahead of tomorrow's session Netflix is trading around $546.54 after losing 0.49% Friday

\\n

(Last update 2:56am EST, April 18, 2021)

\\n

\\n

Netflix Friday at a glance – the streaming heavyweight remained in the $546.54 range after starting the session at $549.22 and dropping 0.49%. Trading volume was 3.21 million, around the average daily.

\\n

In terms of trend indicators, we can see that medium-term trend indications have turned negative as the MACD (moving average convergence divergence) index generated a crossover sell signal. This occurs as the MACD line crosses below the MACD signal line. Asset volatility analysis shows that the upper Bollinger band is at $558.5, indicating a further downward move might be next. On the other hand, note that Netflix might start to recover soon because it is getting closer and is now only $11.45 from the support line at $535.09, Obviously, dipping below it could be an indication that further losses are ahead.

\\n

Overall, looking at the technical analysis landscape – although indicators are mixed and some are pointing in different directions, it seems further drawbacks may be next for Netflix.

\\n

with a market cap of $242.06 billion, The streaming company started in 2021 by gaining 1.06%. So far this year it is under-performing the Nasdaq by 7.23%.

\\n

\\n
\\n

Should millions of you quit Google Maps after shocking new data harvesting exposure? https://t.co/DKIByaWmmg

\\n

— Forbes (@Forbes) April 17, 2021

\\n

\\n

\\n\",\"\\n

Walmart will open at $140.61 after gaining 0.32% Friday

\\n

(Last update 3:00am EST, April 18, 2021)

\\n

\\n

Walmart Friday at a glance – light green Walmart closed at $140.61 after it ranged between $140.96 and $139.71. Trading volume was 7.65 million, below the daily average of 7.91 million.

\\n

Visual analysis of Walmart's price graph shows Walmart's immediate resistance is around $141.14, nearest support level is at $127.53. In terms of trend indicators, we can see that the CCI indicator is above 100. When the CCI (Commodity Channel Index) is at this level, it means the price is above the average price as measured by the indicator, indicating a possible start of a new uptrend. Momentum evaluation shows The Relative Strength Index indicates Walmart is in overbought condition. However, the upper Bollinger band is at $140.74, This is a slight indication of a slowdown.

\\n

Overall, looking at the technical analysis landscape, it seems Walmart is likely to continue pointing upward in the short term.

\\n

With a market cap of $396.11 billion, The warehouse store chain company started in 2021 by losing 2.53%. So far this year it is under-performing the Dow by 13.09%.

\\n

\\n
\\n

Pfizer agreed to supply additional COVID-19 vaccines, says Japan's vaccine minister https://t.co/xUXnp4skDE pic.twitter.com/LjgUVLXN46

\\n

— Reuters (@Reuters) April 18, 2021

\\n

\\n

\\n\",\"\\n

Procter & Gamble rallied beyond $137.9 for the first time in 3 months

\\n

(Last update 3:00am EST, April 18, 2021)

\\n

\\n

After starting the day at $137.24, Procter & Gamble rallied to $137.9, hitting its highest point in 3 months, It later lost 65 cents and closed at $137.25

\\n

important graph levels to look out for: Procter & Gamble's nearest support level is at $134.28. In terms of trend indicators, we can see that the CCI indicator is above 100. When the CCI (Commodity Channel Index) is at this level, it means the price is above the average price as measured by the indicator, indicating a possible start of a new uptrend. Asset volatility analysis shows that the upper Bollinger band is at $137.97, indicating a downward move might be next.

\\n

Overall, the technical analysis suggests Procter & Gamble is neutral for the immediate future, with no clear-cut direction.

\\n

With a market cap of $337.98 billion, The consumer goods company started 2021 by losing 1.38%. So far this year it is under-performing the Dow by 11.94%.

\\n

\\n
\\n

Pfizer agreed to supply additional COVID-19 vaccines, says Japan's vaccine minister https://t.co/xUXnp4skDE pic.twitter.com/LjgUVLXN46

\\n

— Reuters (@Reuters) April 18, 2021

\\n

\\n

\\n\",\"\\n

Walt Disney will open at $187.26 after gaining 0.72% Friday

\\n

(Last update 3:00am EST, April 18, 2021)

\\n

\\n

Walt Disney Friday at a glance – after it started the day at $185.93 Walt Disney went up to $189.47 only to drop back, yet still traded positively overall and closed at $187.26. Trading volume was 8.94 million, above the daily average of 7.47 million.

\\n

Important graph levels to look out for: Walt Disney broke through the $188.03 resistance and climbed 76 cents above it. In terms of trend indicators, we can see that at $188, Walt Disney made an initial breakout above the 21 day Simple Moving Average, an indication of a positive trend. Asset volatility analysis shows that a slight indication of a slowdown comes from looking at the Bollinger bands: the upper band is at $189.57 – a high enough level to usually suggest Walt Disney is trading above its value.

\\n

Overall, the technical analysis suggests Walt Disney is neutral for the immediate future, with no clear-cut direction.

\\n

With a market cap of $339.93 billion, The entertainment and content production company started in 2021 by gaining 3.27%. So far this year it is under-performing the Dow by 7.29%.

\\n

\\n
\\n

Pfizer agreed to supply additional COVID-19 vaccines, says Japan's vaccine minister https://t.co/xUXnp4skDE pic.twitter.com/LjgUVLXN46

\\n

— Reuters (@Reuters) April 18, 2021

\\n

\\n

\\n\",\"\\n

Coca-Cola will open at $53.68 after gaining 0.66% Friday

\\n

(Last update 3:00am EST, April 18, 2021)

\\n

\\n

Coca-Cola Friday at a glance – the soft drink company gained 0.66% and stayed at $53.68 levels. Trading volume was 15.30 million, above the daily average of 12.30 million.

\\n

The Chart visual study suggests Coca-Cola could be slowing down soon as it is approaching and is only 16 cents away from resistance at $53.85, of course, crossing it might suggest further gains are ahead. In terms of trend indicators, we can see that the CCI indicator is above 100. When the CCI (Commodity Channel Index) is at this level, it means the price is above the average price as measured by the indicator, indicating a possible start of a new uptrend. Momentum evaluation shows The Relative Strength Index indicates Coca-Cola is in overbought condition, keep an eye out for a slowdown of gains. Asset volatility analysis shows that a slight indication of a slowdown comes from looking at the Bollinger bands: the upper band is at $53.74 – a high enough level to usually suggest Coca-Cola is trading above its value.

\\n

Overall, technical indicators suggest Coca-Cola has no obvious direction for the immediate future.

\\n

With a market cap of $231.32 billion, The soft drinks giant started 2021 by losing 2.18%. So far this year it is under-performing the Dow by 12.74%.

\\n

\\n
\\n

Pfizer agreed to supply additional COVID-19 vaccines, says Japan's vaccine minister https://t.co/xUXnp4skDE pic.twitter.com/LjgUVLXN46

\\n

— Reuters (@Reuters) April 18, 2021

\\n

\\n

\\n\",\"\\n

Pfizer closes at $38.57, up 96 cents, adding one more to its eight straight days of gains

\\n

(Last update 3:00am EST, April 18, 2021)

\\n

\\n

Pfizer Friday at a glance – after starting the day at $37.6 the pharmaceuticals and biotechnology company went up to $38.7 only to drop back to the half way point range and is now trading at $38.57. Trading volume was 51.88 million, above the daily average of 28.00 million.

\\n

A study of Pfizer's chart pattern shows Pfizer's immediate resistance is around $38.91, nearest support level is at $36.62. In terms of trend indicators, we can see that the CCI indicator is above 100. When the CCI (Commodity Channel Index) is at this level, it means the price is above the average price as measured by the indicator, indicating a possible start of a new uptrend. Momentum evaluation shows The Relative Strength Index indicates Pfizer is in strong overbought condition. However, the upper Bollinger band is at $38.81, This is a slight indication of a slowdown.

\\n

Overall, looking at the technical analysis landscape, it seems Pfizer is likely to continue pointing upward in the short term.

\\n

With a market cap of $215.15 billion, The pharmaceuticals and biotechnology company started 2021 by gaining 4.68%. So far this year it is under-performing the Dow Jones by 5.88%.

\\n

\\n
\\n

Pfizer agreed to supply additional COVID-19 vaccines, says Japan's vaccine minister https://t.co/xUXnp4skDE pic.twitter.com/LjgUVLXN46

\\n

— Reuters (@Reuters) April 18, 2021

\\n

\\n

\\n\",\"\\n

McDonald's will open at $233.08 after gaining 0.78% Friday

\\n

(Last update 3:21am EST, April 18, 2021)

\\n

\\n

McDonald's Friday at a glance – the fast food company went up to $233.08 and gained $1.8 compared to the $231.28 start of the day (0.78%). Trading volume was 2.69 million, below the daily average of 3.09 million.

\\n

A study of McDonald's's chart pattern shows McDonald'ss immediate resistance is around $234.12, nearest support level is at $204.84. In terms of trend indicators, we can see that the CCI indicator is above 100. When the CCI (Commodity Channel Index) is at this level, it means the price is above the average price as measured by the indicator, indicating a possible start of a new uptrend. Asset volatility analysis shows that the upper Bollinger band is at $235.25, This is a slight indication of a slowdown.

\\n

Overall, technical indicators suggest McDonald's has no obvious direction for the immediate future.

\\n

With a market cap of $173.90 billion, The fast food company started in 2021 by gaining 8%. So far this year it is under-performing the Dow Jones by 2.56%.

\\n

\\n
\\n

LATEST: Bitcoin plunged 15%, the most in more than seven weeks, just days after reaching a record https://t.co/fFl59Eb5Sr pic.twitter.com/N7xBJ2QD6q

\\n

— Bloomberg Markets (@markets) April 18, 2021

\\n

\\n

\\n\",\"\\n

Bitcoin up slightly to $57,418 up $481

\\n

(Last update 3:21am EST, April 18, 2021)

\\n

\\n

Small gain for Bitcoin at $57,418 after ranging today between $53,768 and $60,980.

\\n

Important graph levels to look out for: nearest resistance level is at $61,243. In terms of trend indicators, we can see that although up today, it's worth noting that earlier, Bitcoin dropped below the 50 day Simple Moving Average as it was trading at $55,974, usually an indication that a negative trend is ahead. Even though currently pointing up, the medium-term trend indication has turned negative as the MACD (moving average convergence divergence) index generated a crossover sell signal. This occurs as the MACD line crosses below the MACD signal line.

\\n

Overall, looking at the technical analysis landscape, it seems Bitcoin is likely to reverse course and start pointing down in the short term.

\\n

With a market cap of 1.07 trillion, Bitcoin started in 2021 by gaining 55%.

\\n

\\n
\\n

LATEST: Bitcoin plunged 15%, the most in more than seven weeks, just days after reaching a record https://t.co/fFl59Eb5Sr pic.twitter.com/N7xBJ2QD6q

\\n

— Bloomberg Markets (@markets) April 18, 2021

\\n

\\n

\\n\",\"\\n

Gold rallied beyond $1,784.7 for the first time in 7 weeks

\\n

(Last update 3:21am EST, April 18, 2021)

\\n

\\n

After starting the day at $1,766.8, Gold rallied to $1,784.7, hitting its highest point in 7 weeks, It later lost $7.4 and closed at $1,777.3

\\n

The chart pattern study shows Gold immediate resistance is around $1,785.6, nearest support level is at $1,741.4. In terms of trend indicators, we can see that the CCI indicator is above 100. When the CCI (Commodity Channel Index) is at this level, it means the price is above the average price as measured by the indicator, indicating a possible start of a new uptrend. Asset volatility analysis shows that the upper Bollinger band is at $1,772.81, This is a slight indication of a slowdown.

\\n

Overall, technical indicators suggest Gold has no obvious direction for the immediate future.

\\n

Gold started 2021 by losing 7.23%.

\\n

\\n
\\n

LATEST: Bitcoin plunged 15%, the most in more than seven weeks, just days after reaching a record https://t.co/fFl59Eb5Sr pic.twitter.com/N7xBJ2QD6q

\\n

— Bloomberg Markets (@markets) April 18, 2021

\\n

\\n

\\n\",\"\\n

Oil down slightly to $63.05 (down 26 cents) after starting the day at $63.32

\\n

(Last update 3:21am EST, April 18, 2021)

\\n

\\n

Oil Friday at a glance – light red, Crude oil closed at $63.05 after ranging between $63.86 and $62.81.

\\n

The Chart visual study suggests the nearest support level is at $57.76, while the closest resistance is at $67.48. Asset volatility analysis shows that the upper Bollinger band is at $63.58, indicating a further downward move might be next. Japanese Candlesticks formations detected today are the "bearish harami”, Whenever it appears on top of a bullish overall trend, some traders would consider this as an indication of a reversal, of course. In contrast, the CCI indicator is above 100. When the CCI (Commodity Channel Index) is at this level, it means the price is above the average price as measured by the indicator, indicating a possible start of a new uptrend.

\\n

Overall, looking at the technical analysis landscape – although indicators are mixed and some are pointing in different directions, it seems further drawbacks may be next for oil.

\\n

Crude oil started in 2021 by gaining 23%.

\\n

\\n
\\n

LATEST: Bitcoin plunged 15%, the most in more than seven weeks, just days after reaching a record https://t.co/fFl59Eb5Sr pic.twitter.com/N7xBJ2QD6q

\\n

— Bloomberg Markets (@markets) April 18, 2021

\\n

\\n

\\n\",\"\\n

Euro rallied beyond 1.1995 for the first time in 6 weeks

\\n

(Last update 3:21am EST, April 18, 2021)

\\n

\\n

After starting the day at 1.1966, Euro/Dollar rallied to 1.1995, hitting its highest point in 6 weeks, It later lost 12 pips and closed at 1.1982

\\n

Euro/Dollar chart analysis: Euro's nearest support level is at 1.1718. Asset volatility analysis shows that a slight indication of a slowdown comes from looking at the Bollinger bands: the upper band is at 1.2051 – a high enough level to usually suggest the Euro is trading above its value.

\\n

Overall, looking at the technical analysis landscape, it seems the Euro/Dollar is likely to reverse course and start pointing down in the short term.

\\n

The Euro started 2021 by losing 2%.

\\n

\\n
\\n

LATEST: Bitcoin plunged 15%, the most in more than seven weeks, just days after reaching a record https://t.co/fFl59Eb5Sr pic.twitter.com/N7xBJ2QD6q

\\n

— Bloomberg Markets (@markets) April 18, 2021

\\n

\\n

\\n\",\"\\n

Pound/Dollar up 0.43%, trading around 1.3841

\\n

(Last update 4:11am EST, April 18, 2021)

\\n

\\n

The Pound Friday at a glance – after it started the day at 1.3783 GBP/USD went up to 1.3846 only to drop back, yet still traded positively overall and closed at 1.3841.

\\n

The Chart pattern study shows the nearest resistance level is at 1.3986. In terms of trend indicators, we can see that although up today, it's worth noting that earlier the British Pound dropped below the 21 day Simple Moving Average as it was trading at 1.3771, usually an indication that a negative trend is ahead. Asset volatility analysis shows that a slight indication of a slowdown comes from looking at the Bollinger bands: the upper band is at 1.3898 – a high enough level to usually suggest the British Pound is trading above its value.

\\n

Overall, looking at the technical analysis landscape, it seems The Pound is likely to reverse course and start pointing down in the short term.

\\n

The Pound started in 2021 by gaining 1.23%.

\\n

\\n
\\n

S.Korea, U.S. show differences over Japan’s Fukushima plans https://t.co/ZHDAJGvoZZ pic.twitter.com/TLxbTPiKrC

\\n

— Reuters (@Reuters) April 18, 2021

\\n

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Stable day for Dollar/Yen, trading around 108.8

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(Last update 4:11am EST, April 18, 2021)

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Dollar/Yen Friday at a glance – Yen closed at 108.8 with no clear-cut direction and ranged between 108.97 and 108.61.

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The Chart visual study suggests the Dollar/Yen resistance level is at 110.73. Momentum evaluation shows The Relative Strength Index indicates the Dollar/Yen is in oversold condition, allowing more gains. Asset volatility analysis shows that the lower Bollinger band is at 108.43, indicating a positive move might be next.

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Overall, the technical analysis suggests the Yen is neutral for the immediate future, with no clear-cut direction.

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The Yen started in 2021 by gaining 5.12%.

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S.Korea, U.S. show differences over Japan’s Fukushima plans https://t.co/ZHDAJGvoZZ pic.twitter.com/TLxbTPiKrC

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— Reuters (@Reuters) April 18, 2021

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After 6 weeks, Swiss franc falls below 0.92 levels.

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(Last update 4:12am EST, April 18, 2021)

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After starting at 0.9231 Swiss francs, dropped 30 pips and traded below the 0.92 level for the first time in 6 weeks.

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Important graph levels to look out for: Swiss franc immediate support is around 0.9197, resistance level is at 0.9475. In terms of trend indicators, we can see that although down today, it's worth noting that at 0.9238 dollar/swiss did peak above the 5 day Simple Moving Average earlier, usually an indication that a positive move is maybe ahead. Asset volatility analysis shows that a slight indication of recovery comes from looking at the Bollinger bands: the lower band is at 0.9167 – a low enough level to usually suggest the Swiss franc is trading below its value.

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Overall, looking at the technical analysis landscape, it seems the Swiss franc might start pointing upward in the short term.

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Dollar/Swiss started in 2021 by gaining 4.21%.

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S.Korea, U.S. show differences over Japan’s Fukushima plans https://t.co/ZHDAJGvoZZ pic.twitter.com/TLxbTPiKrC

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— Reuters (@Reuters) April 18, 2021

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Aussie/Dollar slides down to 0.7736 (down 17 pips) after starting the day at 0.7753

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(Last update 4:12am EST, April 18, 2021)

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Aussie/Dollar Friday at a glance – The Australian dollar failed to recover all the way to 0.7753 after dipping down to 0.7724.

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The Chart visual study suggests the nearest support level is at 0.7584, while the closest resistance is at 0.7803. Asset volatility analysis shows that the upper Bollinger band is at 0.7773, indicating a further downward move might be next. Japanese Candlesticks formations detected today are the "bearish harami”, Whenever it appears on top of a bullish overall trend, some traders would consider this as an indication of a reversal, of course. However, the CCI indicator is above 100. When the CCI (Commodity Channel Index) is at this level, it means the price is above the average price as measured by the indicator, indicating a possible start of a new uptrend.

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Overall, looking at the technical analysis landscape – although indicators are mixed and some are pointing in different directions, it seems further drawbacks may be next for the Aussie/Dollar

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The Aussie/Dollar started 2021 by gaining 0.54%.

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S.Korea, U.S. show differences over Japan’s Fukushima plans https://t.co/ZHDAJGvoZZ pic.twitter.com/TLxbTPiKrC

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— Reuters (@Reuters) April 18, 2021

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