\\n

\\n\",\"\\n

Ahead of today's session S&P 500 is trading around 4,186.72

\\n

(Last update 9:11am EST, April 28, 2021)

\\n

\\n

S&P yesterday at a glance – S&P closed at 4,186.72 with no clear-cut direction and ranged between 4,193.35 and 4,176.22.

\\n

A study of S&P's graph shows key levels to watch: S&P nearest support level is at 3,974. 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 4,242.58, indicating a downward move might be next.

\\n

Overall, looking at the technical analysis landscape, it seems the S&P 500 is likely to start pointing downward in the short term.

\\n

The S&P started 2021 by gaining 10.28%.

\\n

\\n
\\n

Dow, Nasdaq set to open lower after tech, Boeing results; Fed in focus https://t.co/JcNIrU9CDM pic.twitter.com/hjnt7QwsZb

\\n

— Reuters (@Reuters) April 28, 2021

\\n

\\n

\\n\",\"\\n

Apple closes at $134.39 ahead of quarterly performance report to be released today

\\n

(Last update 9:11am EST, April 28, 2021)

\\n

\\n

Apple yesterday at a glance – Apple closed at $134.39 with no clear-cut direction and ranged between $135.4 and $134.11. Trading volume was 66.02 million, below the daily average of 84.62 million.

\\n

Apple is scheduled to announce earnings results today. The consensus EPS estimate is 0.983 and the consensus revenue estimate is $76.71 billion.

\\n

A study on Apple's chart pattern shows Apple's nearest support level is at $125.57. Asset volatility analysis shows that the upper Bollinger band is at $137.91, indicating a downward move might be next.

\\n

Overall, looking at the technical analysis landscape, it seems Apple is likely to start pointing downward in the short term.

\\n

With a market cap of $2.26 trillion, The mobile and tech colossus started in 2021 by gaining 1.26%. So far this year it is under-performing the Nasdaq by 7.24%.

\\n

\\n
\\n

Dow, Nasdaq set to open lower after tech, Boeing results; Fed in focus https://t.co/JcNIrU9CDM pic.twitter.com/hjnt7QwsZb

\\n

— Reuters (@Reuters) April 28, 2021

\\n

\\n

\\n\",\"\\n

Facebook closes at $303.57 as Investors eye earnings today

\\n

(Last update 9:11am EST, April 28, 2021)

\\n

\\n

Facebook yesterday at a glance – the social media company went up to $303.57 and gained 52 cents compared to the $303.04 start of the day (0.17%). Trading volume was 15.31 million, below the daily average of 16.05 million.

\\n

Facebook is scheduled to announce earnings results today. The consensus EPS estimate is 2.33 and the consensus revenue estimate is $23.63 billion.

\\n

The Chart visual study suggests Facebook is climbing away and is now $10.03 from the $293.54 support line. Asset volatility analysis shows that the lower Bollinger band is at $296.28, indicating a positive move might be next. However, at $302.57, Facebook made an initial breakout below the 21 day Simple Moving Average, an indication of a negative trend.

\\n

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

\\n

With a market cap of $862.52 billion, The social media company started in 2021 by gaining 10.03%. So far this year it is outperforming the Nasdaq by 1.53%.

\\n

\\n
\\n

Dow, Nasdaq set to open lower after tech, Boeing results; Fed in focus https://t.co/JcNIrU9CDM pic.twitter.com/hjnt7QwsZb

\\n

— Reuters (@Reuters) April 28, 2021

\\n

\\n

\\n\",\"\\n

Amazon closes at $3,417.43 ahead of quarterly performance report to be released tomorrow

\\n

(Last update 9:11am EST, April 28, 2021)

\\n

\\n

Amazon yesterday at a glance – after dropping down to $3,398, Jeff Bezos’s company recovered some losses and is currently trading at $3,417.43. Trading volume was 3.69 million, above the daily average of 3.20 million.

\\n

Amazon is scheduled to announce earnings results tomorrow. The consensus Earnings Per Share estimate is 9.49 and the consensus revenue estimate is $104.49 billion.

\\n

The Chart pattern study shows Amazon is climbing away and is now $108.39 from the $3,309 support line. 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. However, the upper Bollinger band is at $3,464, indicating a downward move might be next.

\\n

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

\\n

With a market cap of $1.73 trillion, The tech and retail multifaceted giant has started 2021 by gaining 4.71%. So far this year it is under-performing the Nasdaq by 3.79%.

\\n

\\n
\\n

Dow, Nasdaq set to open lower after tech, Boeing results; Fed in focus https://t.co/JcNIrU9CDM pic.twitter.com/hjnt7QwsZb

\\n

— Reuters (@Reuters) April 28, 2021

\\n

\\n

\\n\",\"\\n

Microsoft hits new all time high at $263.18

\\n

(Last update 5:56am EST, April 28, 2021)

\\n

\\n

After opening at $261.55, Microsoft reached a record high of $263.18. Later, it lost $1.21 and closed at $261.97.

\\n

Yesterday, Microsoft released its quarterly earnings, beating analysts' estimates. The company reported earnings of 1.95 per share on revenue of $41.71 billion, topping estimates of 1.78 per share on revenue of $41.04 billion. Since the release of its earnings report, Microsoft gained 0.16%.

\\n

The Chart visual study suggests Microsoft fell below the $257.17 support zone and receded $4.8 away from it. In terms of trend indicators, we can see that at $259.18, Microsoft made an initial breakout below the 10 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. Asset volatility analysis shows that the upper Bollinger band is at $263.75, indicating a downward move might be next. 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 all the technical indicators, it seems Microsoft might be pointing down in the short term.

\\n

With a market cap of $1.98 trillion, The software giant started in 2021 by gaining 15.12%. So far this year it is outperforming the Nasdaq by 6.62%.

\\n

\\n
\\n

Heard on the Street: Google’s business is soaring. Which is a good thing, as the internet giant also seems to be tacitly admitting it will now need to fly solo. https://t.co/DBwXFLHzah

\\n

— The Wall Street Journal (@WSJ) April 28, 2021

\\n

\\n

\\n\",\"\\n

Google nudges down 0.84%, closes at $2,307 after quarterly performance beats projections

\\n

(Last update 5:56am EST, April 28, 2021)

\\n

\\n

Google yesterday at a glance – the search engine giant closed at $2,307 after starting the session at $2,326.74 and dropping early to $2,304.41, overall Google lost 0.84% of its value. Trading volume was 1.60 million, above the daily average of 1.16 million.

\\n

Google is down despite the fact that yesterday the company released its quarterly earnings, beating analysts' estimates. The company reported earnings of 26.29 per share on revenue of $55.31 billion, topping estimates of 15.71 per share on revenue of $51.36 billion.

\\n

The Chart visual study suggests Google's nearest support level is at $2,108.54, followed by $2,024.17 at the next level. Asset volatility analysis shows that the upper Bollinger band is at $2,335.23, indicating a further downward move might be next. 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.

\\n

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

\\n

With a market cap of $1.55 trillion, The leading search engine company started 2021 by gaining 23.86%. So far this year it is outperforming the Nasdaq by 15.36%.

\\n

\\n
\\n

Heard on the Street: Google’s business is soaring. Which is a good thing, as the internet giant also seems to be tacitly admitting it will now need to fly solo. https://t.co/DBwXFLHzah

\\n

— The Wall Street Journal (@WSJ) April 28, 2021

\\n

\\n

\\n\",\"\\n

Tesla withdraws 4.53%, closes at $704.74 after mixed quarterly performance report released

\\n

(Last update 5:56am EST, April 28, 2021)

\\n

\\n

Tesla yesterday at a glance – Elon Musk's electric car company closed at $704.74 after starting the session at $738.2 and dropping early to $703.35, overall Tesla lost 4.53% of its value. Trading volume was 28.94 million, below the daily average of 33.62 million.

\\n

Yesterday, Tesla reported mixed earnings results with EPS at 0.93 and revenues at $10.39 billion, compared to a consensus of 0.7428 Earnings Per Share and $10.42 billion revenue. Since the release of its earnings report, Tesla lost 4.53%

\\n

The chart pattern study shows Tesla's nearest support level is at $611.29, followed by $563 at the next level. In terms of trend indicators, we can see that the CCI indicator is below -100. When the CCI (Commodity Channel Index) is at this level, it means the price is below the average price as measured by the indicator, indicating a possible start of a new downtrend. Asset volatility analysis shows that a slight indication of recovery comes from looking at the Bollinger bands: the lower band is at $698.94 – a low enough level to usually suggest Tesla is trading below its value.

\\n

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

\\n

With a market cap of $676.45 billion, The trendy electric car company started in 2021 by losing 0.13%. So far this year it is under-performing the Nasdaq by 8.63%.

\\n

\\n
\\n

Heard on the Street: Google’s business is soaring. Which is a good thing, as the internet giant also seems to be tacitly admitting it will now need to fly solo. https://t.co/DBwXFLHzah

\\n

— The Wall Street Journal (@WSJ) April 28, 2021

\\n

\\n

\\n\",\"\\n

Ahead of today's session Zoom is trading around $333.49 after losing 0.87% yesterday

\\n

(Last update 5:56am EST, April 28, 2021)

\\n

\\n

Zoom yesterday at a glance – the video communications platform provider recovered some but not all the way back to $336.42 after dipping down to $330.92. Trading volume was 1.97 million, below the daily average of 2.59 million.

\\n

In terms of trend indicators, we can see that at $333.87, Zoom made an initial breakout below the 3 day Simple Moving Average, an indication of a negative trend. Asset volatility analysis shows that the upper Bollinger band is at $339.89, indicating a further downward move might be next. However, although Zoom is down today and was as low as $330.92, it seems to be recovering slightly and climbing away from the $308.39 support line and is now $25.1 above it.

\\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 Zoom.

\\n

with a market cap of $97.95 billion, The video communications platform provider started in 2021 by losing 1.14%. So far this year it is under-performing the Nasdaq by 9.64%.

\\n

\\n
\\n

Heard on the Street: Google’s business is soaring. Which is a good thing, as the internet giant also seems to be tacitly admitting it will now need to fly solo. https://t.co/DBwXFLHzah

\\n

— The Wall Street Journal (@WSJ) April 28, 2021

\\n

\\n

\\n\",\"\\n

Ahead of today's session Netflix is trading around $505.55 after losing 0.93% yesterday

\\n

(Last update 5:56am EST, April 28, 2021)

\\n

\\n

Netflix yesterday at a glance – light red but with no clear-cut direction, the streaming company closed the session at $505.55 after ranging between $513 and $504.58. Trading volume was 3.72 million, below the daily average of 7.16 million.

\\n

In terms of trend indicators, we can see that at $508.21, Netflix made an initial breakout below the 3 day Simple Moving Average, an indication of a negative trend. Momentum evaluation shows The Relative Strength Index indicates Netflix is in oversold condition, allowing more gains. In contrast, Netflix might start to recover soon because it is getting closer and is now only $12.22 from the support line at $493.33, 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 $224.16 billion, The streaming heavyweight started in 2021 by losing 6.89%. So far this year it is under-performing the Nasdaq by 15.39%.

\\n

\\n
\\n

Heard on the Street: Google’s business is soaring. Which is a good thing, as the internet giant also seems to be tacitly admitting it will now need to fly solo. https://t.co/DBwXFLHzah

\\n

— The Wall Street Journal (@WSJ) April 28, 2021

\\n

\\n

\\n\",\"\\n

Walmart will open at $138.38 after gaining 0.34% yesterday

\\n

(Last update 8:51am EST, April 28, 2021)

\\n

\\n

Walmart yesterday at a glance – starting at $138 the discount department and warehouse stores chain rallied 0.34% and maintained at $138.38 level. Trading volume was 5.39 million, below the daily average of 7.03 million.

\\n

A study of Walmart's graph shows key levels to watch: although Walmart is green today and was as high as $138.94, it seems to be slowing down slightly and moving away from the $141.2 resistance line, and is now $2.82 below it. In terms of trend indicators, we can see that at $138.87, Walmart made an initial breakout above the 21 day Simple Moving Average, an indication of a positive trend. The CCI indicator is bellow -100. When the CCI (Commodity Channel Index) is at this level, it means the price is below the average price as measured by the indicator, indicating a possible start of a new downtrend. Asset volatility analysis shows that the lower Bollinger band is at $137.61, indicating further gains might be next. Japanese Candlesticks formations detected today are the "bullish harami”, when it appears on top of a bearish overall trend, as it is now, some traders would consider this as an indication of a reversal of course.

\\n

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

\\n

With a market cap of $389.33 billion, The discount department and warehouse stores chain started in 2021 by losing 4.18%. So far this year it is under-performing the Dow by 14.11%.

\\n

\\n
\\n

Pfizer buys Amplyx to expand drug-resistant treatment portfolio https://t.co/KX9zNPuaAu pic.twitter.com/yuDDGMHrAQ

\\n

— Reuters (@Reuters) April 28, 2021

\\n

\\n

\\n\",\"\\n

After five days of going down, Procter & Gamble was flat yesterday, closing at $131.18

\\n

(Last update 8:51am EST, April 28, 2021)

\\n

\\n

Procter & Gamble yesterday at a glance – Procter & Gamble recovered back to $131.18 after dipping down to $130.29 in a session that started at $131.26. Trading volume was 7.83 million, below the daily average of 8.15 million.

\\n

Procter & Gamble's graph levels to watch: Procter & Gamble's resistance level is at $137.75. In terms of trend indicators, we can see that at $131.08, Procter & Gamble made an initial breakout above the 50 day Simple Moving Average, an indication of a positive trend. The CCI indicator is bellow -100. When the CCI (Commodity Channel Index) is at this level, it means the price is below the average price as measured by the indicator, indicating a possible start of a new downtrend. Momentum evaluation shows The Relative Strength Index indicates Procter & Gamble is in oversold condition, allowing more gains. Asset volatility analysis shows that the lower Bollinger band is at $129.88, indicating a positive move might be next.

\\n

Overall, technical indicators suggest Procter & Gamble has no obvious direction for the immediate future.

\\n

With a market cap of $321.16 billion, The consumer goods corporation started 2021 by losing 6.06%. So far this year it is under-performing the Dow by 16%.

\\n

\\n
\\n

Pfizer buys Amplyx to expand drug-resistant treatment portfolio https://t.co/KX9zNPuaAu pic.twitter.com/yuDDGMHrAQ

\\n

— Reuters (@Reuters) April 28, 2021

\\n

\\n

\\n\",\"\\n

Walt Disney closes at $184.64, up 36 cents, adding one more to its four straight days of gains

\\n

(Last update 8:51am EST, April 28, 2021)

\\n

\\n

Walt Disney yesterday at a glance – hesitant but green, Walt Disney closed at $184.64 after ranging between $184.15 and $185.81. Trading volume was 4.71 million, below the daily average of 7.44 million.

\\n

The Chart visual study suggests the nearest resistance level is at $201.91. In terms of trend indicators, we can see that at $184.95, Walt Disney made an initial breakout above the 10 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 $188.46 – 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 $335.34 billion, The entertainment and content production company started in 2021 by gaining 1.88%. So far this year it is under-performing the Dow Jones by 8.05%.

\\n

\\n
\\n

Pfizer buys Amplyx to expand drug-resistant treatment portfolio https://t.co/KX9zNPuaAu pic.twitter.com/yuDDGMHrAQ

\\n

— Reuters (@Reuters) April 28, 2021

\\n

\\n

\\n\",\"\\n

Ahead of today's session Coca-Cola is trading around $53.58

\\n

(Last update 8:51am EST, April 28, 2021)

\\n

\\n

Coca-Cola yesterday at a glance – after dropping down to $53.32, the soft drinks giant recovered some losses and is currently trading at $53.58. Trading volume was 9.85 million, below the daily average of 12.63 million.

\\n

The Chart visual study suggests Coca-Cola is climbing away and is now $1.07 from the $52.51 support line. In terms of trend indicators, we can see that at $53.46, Coca-Cola made an initial breakout above the 21 day Simple Moving Average, an indication of a positive trend. Asset volatility analysis shows that the lower Bollinger band is at $52.92, indicating a positive move might be next.

\\n

Overall, looking at the technical analysis landscape, it seems Coca-Cola might start pointing upward in the short term.

\\n

With a market cap of $231.58 billion, The soft drink company started in 2021 by losing 2.35%. So far this year it is under-performing the Dow Jones by 12.28%.

\\n

\\n
\\n

Pfizer buys Amplyx to expand drug-resistant treatment portfolio https://t.co/KX9zNPuaAu pic.twitter.com/yuDDGMHrAQ

\\n

— Reuters (@Reuters) April 28, 2021

\\n

\\n

\\n\",\"\\n

Ahead of today's session Pfizer is trading around $38.45 after losing 0.59% yesterday

\\n

(Last update 8:51am EST, April 28, 2021)

\\n

\\n

Pfizer yesterday at a glance – the pharmaceuticals and biotechnology company recovered some but not all the way back to $38.68 after dipping down to $38.35. Trading volume was 18.60 million, below the daily average of 27.97 million.

\\n

An analysis of the Pfizer chart suggests Pfizer's nearest support level is at $36.62, followed by $35.91 at the next level. In terms of trend indicators, we can see that although down today, it's worth noting that at $38.4 Pfizer did peak above the 10 day Simple Moving Average earlier, usually an indication that a positive move is maybe ahead.

\\n

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

\\n

With a market cap of $214.48 billion, The pharmaceuticals and biotechnology company started in 2021 by gaining 4.24%. So far this year it is under-performing the Dow by 5.69%.

\\n

\\n
\\n

Pfizer buys Amplyx to expand drug-resistant treatment portfolio https://t.co/KX9zNPuaAu pic.twitter.com/yuDDGMHrAQ

\\n

— Reuters (@Reuters) April 28, 2021

\\n

\\n

\\n\",\"\\n

McDonald's trades around $234.71 ahead of quarterly performance report to be released tomorrow

\\n

(Last update 9:56am EST, April 28, 2021)

\\n

\\n

McDonald's trading at $234.71 having started the day at $235.2, overall a 0.11% move or 26 cents today.

\\n

McDonald's is scheduled to announce earnings results tomorrow. The consensus Earnings Per Share estimate is 1.81 and the consensus revenue estimate is $5.03 billion.

\\n

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 $236.79, indicating a downward move might be next.

\\n

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

\\n

With a market cap of $175.12 billion, The fast food giant started in 2021 by gaining 8.68%. So far this year it is under-performing the Dow by 1.25%.

\\n

\\n
\\n

Saudi Arabia's crown prince said that the kingdom was in talks to sell part of its state oil firm Saudi Aramco to a leading global energy company https://t.co/ZMIzgoqSvm pic.twitter.com/qg2zQ3qVFy

\\n

— Reuters (@Reuters) April 28, 2021

\\n

\\n

\\n\",\"\\n

Bitcoin is down $424.45 (0.77%), trading around $54,730

\\n

(Last update 9:56am EST, April 28, 2021)

\\n

\\n

Currently light red but with no clear-cut direction, Bitcoin is trading at $54,730 after ranging today between $55,674 and $53,900.

\\n

The Chart visual study suggests Bitcoin's immediate support is around $53,763, resistance level is at $63,500.

\\n

With a market cap of 1.02 trillion, Bitcoin started in 2021 by gaining 46.52%.

\\n

\\n
\\n

Saudi Arabia's crown prince said that the kingdom was in talks to sell part of its state oil firm Saudi Aramco to a leading global energy company https://t.co/ZMIzgoqSvm pic.twitter.com/qg2zQ3qVFy

\\n

— Reuters (@Reuters) April 28, 2021

\\n

\\n

\\n\",\"\\n

Is it the end of Gold rally? After three days of gains, it's down 0.48% today

\\n

(Last update 9:56am EST, April 28, 2021)

\\n

\\n

Gold is down to $1,770.2 having started the day at $1,776.4, overall a 0.48% loss or $8.6 today.

\\n

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 $1,785.19, indicating a further downward move might be next.

\\n

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

\\n

Gold started 2021 by losing 6.23%.

\\n

\\n
\\n

Saudi Arabia's crown prince said that the kingdom was in talks to sell part of its state oil firm Saudi Aramco to a leading global energy company https://t.co/ZMIzgoqSvm pic.twitter.com/qg2zQ3qVFy

\\n

— Reuters (@Reuters) April 28, 2021

\\n

\\n

\\n\",\"\\n

Oil up 70 cents, trading around $63.71

\\n

(Last update 9:56am EST, April 28, 2021)

\\n

\\n

Crude oil is up to $63.71 having started the day at $63, overall a 1.15% move or 70 cents today.

\\n

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 a slight indication of a slowdown comes from looking at the Bollinger bands: the upper band is at $64.37 – a high enough level to usually suggest oil is trading above its value.

\\n

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

\\n

Crude oil started in 2021 by gaining 21.35%.

\\n

\\n
\\n

Saudi Arabia's crown prince said that the kingdom was in talks to sell part of its state oil firm Saudi Aramco to a leading global energy company https://t.co/ZMIzgoqSvm pic.twitter.com/qg2zQ3qVFy

\\n

— Reuters (@Reuters) April 28, 2021

\\n

\\n

\\n\",\"\\n

Euro slides down to 1.2067 (down 23 pips) after starting the day at 1.209

\\n

(Last update 9:56am EST, April 28, 2021)

\\n

\\n

The Euro/Dollar slid down from 1.209 to 1.2067, losing 23 pips (0.19%).

\\n

A study of Euro's graph shows key levels to watch: Euro/Dollar nearest support level is at 1.1718. In terms of trend indicators, we can see that at 1.2067, Euro made an initial breakout below the 5 day Simple Moving Average, an indication of a negative trend. Asset volatility analysis shows that the upper Bollinger band is at 1.2142, indicating a further downward move might be next.

\\n

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

\\n

The Euro/Dollar started 2021 by losing 1.1%.

\\n

\\n
\\n

Saudi Arabia's crown prince said that the kingdom was in talks to sell part of its state oil firm Saudi Aramco to a leading global energy company https://t.co/ZMIzgoqSvm pic.twitter.com/qg2zQ3qVFy

\\n

— Reuters (@Reuters) April 28, 2021

\\n

\\n

\\n\",\"\\n

Is it the end of The Pound rally? After three days of gains, it's down 0.11% today

\\n

(Last update 10:11am EST, April 28, 2021)

\\n

\\n

GBP/USD recovered back almost all the way to 1.3913 after dipping down to 1.3861.

\\n

Visual analysis of the The Pound's price graph shows the nearest support level is at 1.3689, while the closest resistance is at 1.3905. In terms of trend indicators, we can see that at 1.3881, the British Pound made an initial breakout below the 10 day Simple Moving Average, an indication of a negative trend. Asset volatility analysis shows that the upper Bollinger band is at 1.398, indicating a further downward move might be next.

\\n

Overall, looking at the technical analysis landscape, it seems the British Pound is likely to continue pointing down in the short term.

\\n

The British Pound started in 2021 by gaining 1.68%.

\\n

\\n
\\n

Short U.S. and UK bonds as market indecision comes to an end, analysts say https://t.co/mGDXL1lwZ9

\\n

— CNBC (@CNBC) April 28, 2021

\\n

\\n

\\n\",\"\\n

Dollar/Yen is up five days in a row, gaining 12 pips to 108.8.

\\n

(Last update 10:11am EST, April 28, 2021)

\\n

\\n

The Yen is gaining 12 pips and is hovering at 108.8 level.

\\n

A study of Yen's graph shows key levels to watch: nearest resistance level is at 110.73. In terms of trend indicators, we can see that at 109, dollar/yen made an initial breakout above the 50 day Simple Moving Average, an indication of a positive trend. Medium-term trend indication has turned positive as the MACD (moving average convergence divergence) index generated a crossover buy signal. This occurs as the MACD line crosses above the MACD signal line. However, the upper Bollinger band is at 109.11, This is a slight indication of a slowdown.

\\n

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

\\n

The Dollar/Yen started in 2021 by gaining 4.5%.

\\n

\\n
\\n

Short U.S. and UK bonds as market indecision comes to an end, analysts say https://t.co/mGDXL1lwZ9

\\n

— CNBC (@CNBC) April 28, 2021

\\n

\\n

\\n\",\"\\n

Swiss franc down to 0.9133, the last time it was this low was 8 weeks and a half ago.

\\n

(Last update 10:11am EST, April 28, 2021)

\\n

\\n

After starting the day at 0.9135, Swiss franc dropped 0 pip to 0.9133, reaching its lowest point in 8 weeks and a half.

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The Chart visual study suggests the dollar/swiss resistance level is at 0.9475. In terms of trend indicators, we can see that at 0.9163, Dollar/Swiss made an initial breakout above the 5 day Simple Moving Average, an indication of a positive trend. Asset volatility analysis shows that the lower Bollinger band is at 0.911, indicating a positive move might be next.

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

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The Swiss franc started in 2021 by gaining 3.56%.

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Short U.S. and UK bonds as market indecision comes to an end, analysts say https://t.co/mGDXL1lwZ9

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— CNBC (@CNBC) April 28, 2021

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Stable day for Australian dollar, trading around 0.7762

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(Last update 10:11am EST, April 28, 2021)

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The Australian dollar remains in the 0.7762 range after starting the session at 0.7768 and dropping 6 pips.

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The Chart visual study suggests the Aussie/Dollar nearest support level is at 0.7584. In terms of trend indicators, we can see that at 0.7735, Aussie/Dollar made an initial breakout below the 3 day Simple Moving Average, an indication of a negative trend. Asset volatility analysis shows that the upper Bollinger band is at 0.7809, indicating a downward move might be next.

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Overall, looking at the technical analysis landscape, it seems the Aussie/Dollar is likely to start pointing downward in the short term.

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The Australian dollar started in 2021 by gaining 1.3%.

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Short U.S. and UK bonds as market indecision comes to an end, analysts say https://t.co/mGDXL1lwZ9

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— CNBC (@CNBC) April 28, 2021

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