![](\\\"https://images.unsplash.com/photo-1599566530569-68774cad9cfc?ixlib=rb-1.2.1&q=80&fm=jpg&crop=entropy&cs=tinysrgb&w=1080&fit=max&ixid=eyJhcHBfaWQiOjE1NDYwM30\\\")
(Last update 12:31pm EST, May 11, 2021)
\\nStarting at 4,188.43, S&P 500 is trading at 4,144.24 after making its biggest single-day drop of 44.19 points(1.06%) since Mar 18
\\nVisual analysis of the S&P 500's price graph shows the nearest support level is at 3,889, while the closest resistance is at 4,211.47. 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 4,123.71 – a low enough level to usually suggest S&P is trading below its value.
\\nOverall, the technical analysis suggests the S&P 500 is neutral for the immediate future, with no clear-cut direction.
\\nThe S&P started 2021 by gaining 10.32%.
\\n\\n
\\n\\n\\n\\n\",\"\\nThe Dow industrials fell more than 400 points as a selloff in tech shares spread to other sectors of the market https://t.co/EzwMUAivOb
\\n— The Wall Street Journal (@WSJ) May 11, 2021
(Last update 12:31pm EST, May 11, 2021)
\\nAfter starting the day at $126.85 the sleek phone manufacturer dropped to $122.78, hitting its lowest point in 5 weeks, It later recovered $2.6 and is now trading at $125.38
\\nApple chart analysis: although Apple is down today and was as low as $122.78, it seems to be recovering slightly and climbing away from the $119.9 support line and is now $5.48 above it. In terms of trend indicators, we can see that the MACD line is below the MACD signal line significantly, meaning the medium-term trend might turn positive. Momentum evaluation shows the Relative Strength Index has gone below 30, going into oversold conditions and allowing more gains. Asset volatility analysis shows that a slight indication of recovery comes from looking at the Bollinger bands: the lower band is at $125.92 – a low enough level to usually suggest Apple is trading below its value. However, 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.
\\nOverall, looking at the technical analysis landscape – although indicators are mixed and some are pointing in different directions, it seems Apple might reverse course and start pointing upward in the short term.
\\nWith a market cap of $2.09 trillion, The mobile and tech colossus started in 2021 by losing 4.6%. So far this year it is under-performing the Nasdaq by 8.43%.
\\n\\n
\\n\\n\\n\\n\",\"\\nThe Dow industrials fell more than 400 points as a selloff in tech shares spread to other sectors of the market https://t.co/EzwMUAivOb
\\n— The Wall Street Journal (@WSJ) May 11, 2021
(Last update 12:31pm EST, May 11, 2021)
\\nMark Zuckerberg's company has recovered some, but not all the way back to $305.97 after dipping down to $299.69.
\\nFacebook chart analysis: although Facebook is down today and was as low as $299.69, it seems to be recovering slightly and climbing away from the $293.54 support line and is now $11.45 above it. 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.
\\nOverall, the technical analysis suggests Facebook is neutral for the immediate future, with no clear-cut direction.
\\nWith a market cap of $864.79 billion, The social media company started in 2021 by gaining 10.72%. So far this year it is outperforming the Nasdaq by 6.89%.
\\n\\n
\\n\\n\\n\\n\",\"\\nThe Dow industrials fell more than 400 points as a selloff in tech shares spread to other sectors of the market https://t.co/EzwMUAivOb
\\n— The Wall Street Journal (@WSJ) May 11, 2021
(Last update 12:31pm EST, May 11, 2021)
\\nHaving started at $3,190.49 the tech and retail multifaceted giant dropped to $3,127.37, hitting its lowest point in 5 weeks, but it recovered to $90.26 and is now trading at $3,217.63
\\nThe Chart pattern study shows the nearest resistance level is at $3,471.31. In terms of trend indicators, we can see that at $3,203.61, Amazon made an initial breakout above the 200 day Simple Moving Average, an indication of a positive trend. Asset volatility analysis shows that the lower Bollinger band is at $3,194, indicating further gains might be next. However, 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.
\\nOverall, looking at the technical analysis landscape, it seems Amazon is likely to continue pointing upward in the short term.
\\nWith a market cap of $1.62 trillion, The tech and retail multifaceted giant has started 2021 by losing 2.08%. So far this year it is under-performing the Nasdaq by 5.91%.
\\n\\n
\\n\\n\\n\\n\",\"\\nThe Dow industrials fell more than 400 points as a selloff in tech shares spread to other sectors of the market https://t.co/EzwMUAivOb
\\n— The Wall Street Journal (@WSJ) May 11, 2021
(Last update 5:57am EST, May 11, 2021)
\\nMicrosoft yesterday at a glance – the iconic OS developer closed at $247.18 after starting the session at $252.46 and dropping early to $247.12, overall Microsoft lost 2.09% of its value. Trading volume was 29.30 million, above the daily average of 28.97 million.
\\nThe Chart visual study suggests the nearest support level is at $230.35, while the closest resistance is at $261.97. In terms of trend indicators, we can see that at $249.66, Microsoft made an initial breakout below the 5 day Simple Moving Average, an indication of a negative trend. The MACD line is below the MACD signal line significantly, meaning the medium-term trend might turn positive. Momentum evaluation shows The Relative Strength Index indicates Microsoft is in oversold condition, allowing more gains. Asset volatility analysis shows that a slight indication of recovery comes from looking at the Bollinger bands: the lower band is at $242.73 – a low enough level to usually suggest Microsoft is trading below its value.
\\nOverall, the technical analysis suggests Microsoft is neutral for the immediate future, with no clear-cut direction.
\\nWith a market cap of $1.86 trillion, The software giant started in 2021 by gaining 9.81%. So far this year it is outperforming the Nasdaq by 6.08%.
\\n\\n
\\n\\n\\n\\n\",\"\\nDogecoin surges after Elon Musk asks Twitter if Tesla should accept the token as payments https://t.co/ePZUzekhj3
\\n— Bloomberg (@business) May 11, 2021
(Last update 5:57am EST, May 11, 2021)
\\nGoogle yesterday at a glance – the leading search engine company remained in the $2,341.66 range after starting the session at $2,398.69 and dropping 2.38%. Trading volume was 1.30 million, below the daily average of 1.60 million.
\\nGoogle's graph levels to watch: nearest support level is at $2,035.55, while the closest resistance is at $2,398.69. 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 a slight indication of recovery comes from looking at the Bollinger bands: the lower band is at $2,304.19 – a low enough level to usually suggest Google is trading below its value.
\\nOverall, technical indicators suggest Google has no obvious direction for the immediate future.
\\nWith a market cap of $1.55 trillion, The search engine giant started in 2021 by gaining 24.59%. So far this year it is outperforming the Nasdaq by 20.86%.
\\n\\n
\\n\\n\\n\\n\",\"\\nDogecoin surges after Elon Musk asks Twitter if Tesla should accept the token as payments https://t.co/ePZUzekhj3
\\n— Bloomberg (@business) May 11, 2021
(Last update 5:57am EST, May 11, 2021)
\\nThe trendy electric car company closed at $629.04 after making its largest single-day drop ($43.33) since Mar 18.
\\nThe chart pattern study shows Tesla might start to recover soon because it is getting closer and is now only $17.75 from the support line at $611.29, Obviously, dipping below it could be an indication that further losses are ahead. 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. Momentum evaluation shows The Relative Strength Index indicates Tesla is in oversold condition, allowing more gains. Asset volatility analysis shows that a slight indication of recovery comes from looking at the Bollinger bands: the lower band is at $623.4 – a low enough level to usually suggest Tesla is trading below its value.
\\nOverall, technical indicators suggest Tesla has no obvious direction for the immediate future.
\\nWith a market cap of $605.97 billion, The trendy electric car company started in 2021 by losing 11.4%. So far this year it is under-performing the Nasdaq by 15.13%.
\\n\\n
\\n\\n\\n\\n\",\"\\nDogecoin surges after Elon Musk asks Twitter if Tesla should accept the token as payments https://t.co/ePZUzekhj3
\\n— Bloomberg (@business) May 11, 2021
(Last update 5:57am EST, May 11, 2021)
\\nZoom yesterday at a glance – the video communications platform provider remained in the $288.49 range after starting the session at $295.24 and dropping 2.29%. Trading volume was 2.51 million, around the average daily.
\\nAn analysis of the Zoom chart suggests Zoom's immediate support is around $285.04, resistance level is at $308.39. Momentum evaluation shows The Relative Strength Index indicates Zoom is in strong oversold condition. Asset volatility analysis shows that a slight indication of recovery comes from looking at the Bollinger bands: the lower band is at $276.02 – a low enough level to usually suggest Zoom is trading below its value.
\\nOverall, technical indicators suggest Zoom has no obvious direction for the immediate future.
\\nWith a market cap of $84.95 billion, The video communications platform provider started in 2021 by losing 16.54%. So far this year it is under-performing the Nasdaq by 20.27%.
\\n\\n
\\n\\n\\n\\n\",\"\\nDogecoin surges after Elon Musk asks Twitter if Tesla should accept the token as payments https://t.co/ePZUzekhj3
\\n— Bloomberg (@business) May 11, 2021
(Last update 5:57am EST, May 11, 2021)
\\nNetflix yesterday at a glance – the streaming heavyweight went dark red after losing 3.4%, tumbling down to $486.69. Trading volume was 5.13 million, above the daily average of 3.96 million.
\\nThe Chart visual study suggests Netflix's immediate support is around $480.87, resistance level is at $502.86. 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. Momentum evaluation shows The Relative Strength Index indicates Netflix is in oversold condition, allowing more gains. On the other hand, note that a slight indication of recovery comes from looking at the Bollinger bands: the lower band is at $484.97 – a low enough level to usually suggest Netflix is trading below its value.
\\nOverall, 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.
\\nwith a market cap of $215.80 billion, The streaming company started in 2021 by losing 10.73%. So far this year it is under-performing the Nasdaq by 14.46%.
\\n\\n
\\n\\n\\n\\n\",\"\\nDogecoin surges after Elon Musk asks Twitter if Tesla should accept the token as payments https://t.co/ePZUzekhj3
\\n— Bloomberg (@business) May 11, 2021
(Last update 7:41am EST, May 11, 2021)
\\nWalmart yesterday at a glance – the warehouse store chain company gained 0.44% and stayed at $140.82 Trading volume was 8.30 million, above the daily average of 6.43 million.
\\nWalmart chart analysis: Walmart broke through the $141.2 resistance and climbed 37 cents above it. In terms of trend indicators, we can see that at $140.94, Walmart made an initial breakout above the 5 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 $142.5 – a high enough level to usually suggest Walmart is trading above its value.
\\nOverall, technical indicators suggest Walmart has no obvious direction for the immediate future.
\\nWith a market cap of $396.19 billion, The discount department and warehouse stores chain started in 2021 by losing 2.38%. So far this year it is under-performing the Dow by 14.27%.
\\n\\n
\\n\\n\\n\\n\",\"\\nU.S. regulators authorized Pfizer and BioNTech's COVID-19 vaccine for use in children as young as 12, widening the country's inoculation program https://t.co/oX1dDYoRCl pic.twitter.com/JPrBbKZqyq
\\n— Reuters (@Reuters) May 11, 2021
(Last update 7:41am EST, May 11, 2021)
\\nProcter & Gamble yesterday at a glance – after starting the day at $135.15 the consumer goods corporation went up to $138.42 only to drop back to the half way point range and is now trading at $137.67. Trading volume was 8.67 million, above the daily average of 7.47 million.
\\nIn 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 Procter & Gamble is in strong overbought condition. On the other hand, note that the upper Bollinger band is at $138.44, This is a slight indication of a slowdown.
\\nOverall, looking at the technical analysis landscape, it seems Procter & Gamble is likely to continue pointing upward in the short term.
\\nWith a market cap of $337.05 billion, The consumer goods corporation started 2021 by losing 1.09%. So far this year it is under-performing the Dow by 13%.
\\n\\n
\\n\\n\\n\\n\",\"\\nU.S. regulators authorized Pfizer and BioNTech's COVID-19 vaccine for use in children as young as 12, widening the country's inoculation program https://t.co/oX1dDYoRCl pic.twitter.com/JPrBbKZqyq
\\n— Reuters (@Reuters) May 11, 2021
(Last update 7:41am EST, May 11, 2021)
\\nWalt Disney yesterday at a glance – after starting the day at $184.84 the entertainment giant went up to $186.97 only to drop back to the half way point range and is now trading at $184.3. Trading volume was 8.24 million, above the daily average of 6.09 million.
\\nA study of Walt Disney's graph shows key levels to watch: Walt Disney might start to recover soon because it is getting close and is now only $2.79 from the support line at $181.51, 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 $184.82 Walt Disney did peak above the 21 day Simple Moving Average earlier, usually an indication that a positive move is maybe ahead. However, the upper Bollinger band at $186.91, indicating a further downward move might be next.
\\nOverall, looking at the technical analysis landscape – although indicators are mixed and some are pointing in different directions, it seems Walt Disney might reverse course and start pointing upward in the short term.
\\nWith a market cap of $334.55 billion, The entertainment and content production company started in 2021 by gaining 1.69%. So far this year it is under-performing the Dow by 10.2%.
\\n\\n
\\n\\n\\n\\n\",\"\\nU.S. regulators authorized Pfizer and BioNTech's COVID-19 vaccine for use in children as young as 12, widening the country's inoculation program https://t.co/oX1dDYoRCl pic.twitter.com/JPrBbKZqyq
\\n— Reuters (@Reuters) May 11, 2021
(Last update 7:41am EST, May 11, 2021)
\\nCoca-Cola yesterday at a glance – after starting the day at $54.51 the soft drink company went up to $55.49 only to drop back to the half way point range and is now trading at $54.91. Trading volume was 15.55 million, above the daily average of 10.89 million.
\\nThe Chart pattern study shows Coca-Cola immediate resistance is around $55.33, nearest support level is at $54.61. 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. In contrast, a slight indication of a slowdown comes from looking at the Bollinger bands: the upper band is at $55.14 – a high enough level to usually suggest Coca-Cola is trading above its value.
\\nOverall, looking at the technical analysis landscape, it seems Coca-Cola likely to continue pointing upward in the short term.
\\nWith a market cap of $236.75 billion, The soft drinks giant started in 2021 by gaining 0.13%. So far this year it is under-performing the Dow Jones by 11.76%.
\\n\\n
\\n\\n\\n\\n\",\"\\nU.S. regulators authorized Pfizer and BioNTech's COVID-19 vaccine for use in children as young as 12, widening the country's inoculation program https://t.co/oX1dDYoRCl pic.twitter.com/JPrBbKZqyq
\\n— Reuters (@Reuters) May 11, 2021
(Last update 7:41am EST, May 11, 2021)
\\nPfizer yesterday at a glance – after starting yesterday at $39.58 Pfizer went up to $40.28 only to drop back to the half way point range, closing at $39.86. Trading volume was 28.23 million, below the daily average of 35.97 million.
\\nA study of Pfizer's graph shows key levels to watch: Pfizer's immediate resistance is around $40.17, nearest support level is at $39.19. Asset volatility analysis shows that the upper Bollinger band is at $40.51, This is a slight indication of a slowdown.
\\nOverall, looking at the technical analysis landscape, it seems Pfizer is likely to reverse course and start pointing down in the short term.
\\nWith a market cap of $222.35 billion, The pharmaceuticals and biotechnology company started 2021 by gaining 7.71%. So far this year it is under-performing the Dow Jones by 4.18%.
\\n\\n
\\n\\n\\n\\n\",\"\\nU.S. regulators authorized Pfizer and BioNTech's COVID-19 vaccine for use in children as young as 12, widening the country's inoculation program https://t.co/oX1dDYoRCl pic.twitter.com/JPrBbKZqyq
\\n— Reuters (@Reuters) May 11, 2021
(Last update 6:46pm EST, May 11, 2021)
\\nThe fast food company closed at $233.86 after making its largest single-day drop ($3.25) since Feb 26.
\\nIn terms of trend indicators, we can see that at $233.52, McDonald's made an initial breakout below the 21 day Simple Moving Average, an indication of a negative trend. Asset volatility analysis shows that the upper Bollinger band is at $237.17, indicating a further downward move might be next.
\\nOverall, looking at the technical analysis landscape, it seems McDonald's is likely to continue pointing down in the short term.
\\nWith a market cap of $172.83 billion, The fast food company started in 2021 by gaining 9.5%. So far this year it is under-performing the Dow by 2.41%.
\\n\\n
\\n\\n\\n\\n\",\"\\nICYMI – OPEC still optimistic on oil demand despite India severe coronavirus 'challenges' https://t.co/CjG15gi5RS
\\n— ForexLive (@ForexLive) May 11, 2021
(Last update 6:46pm EST, May 11, 2021)
\\nHesitant but green: from an earlier low of $54,600, Bitcoin is up to $56,500 gaining $834.64 compared to the $55,665 start of the day (1.52%).
\\nAs the day reaches an end, a chart visual study suggests the nearest resistance level is at $63,500. In terms of trend indicators, we can see that at $56,833, Bitcoin made an initial breakout above the 50 day Simple Moving Average, an indication of a positive trend.
\\nOverall, looking at the technical analysis landscape, it seems Bitcoin might continue pointing upwards in the short term.
\\nWith a market cap of 1.06 trillion, Bitcoin started in 2021 by gaining 47.58%.
\\n\\n
\\n\\n\\n\\n\",\"\\nICYMI – OPEC still optimistic on oil demand despite India severe coronavirus 'challenges' https://t.co/CjG15gi5RS
\\n— ForexLive (@ForexLive) May 11, 2021
(Last update 6:46pm EST, May 11, 2021)
\\nGold is trading at $1,837.4 having started the day at $1,838.2, overall a 0.07% move or $1.4 today.
\\nAs the day got underway, a chart visual study suggested Gold's nearest support level was at $1,684. 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 Gold is in overbought condition, Keep an eye out for a slowdown of gains. In contrast, the upper Bollinger band is at $1,841.29, indicating a downward move might be next.
\\nOverall, looking at the technical analysis landscape, it seems Gold might be pointing upward in the short term.
\\nGold started 2021 by losing 3.08%.
\\n\\n
\\n\\n\\n\\n\",\"\\nICYMI – OPEC still optimistic on oil demand despite India severe coronavirus 'challenges' https://t.co/CjG15gi5RS
\\n— ForexLive (@ForexLive) May 11, 2021
(Last update 6:46pm EST, May 11, 2021)
\\nOil is trading at $65.39 having started the day at $65.46, overall a 0.1% move or six cents today.
\\nAs the day gets underway, a chart visual study suggests crude oil might start to recover soon because it is getting closer and is now only $1.91 from the support line at $63.48, Obviously, dipping below it could be an indication that further losses 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. On the other hand, note that the upper Bollinger band is at $66.58, indicating a downward move might be next.
\\nOverall, looking at the technical analysis landscape, it seems oil might be pointing upward in the short term.
\\nCrude oil started in 2021 by gaining 25%.
\\n\\n
\\n\\n\\n\\n\",\"\\nICYMI – OPEC still optimistic on oil demand despite India severe coronavirus 'challenges' https://t.co/CjG15gi5RS
\\n— ForexLive (@ForexLive) May 11, 2021
(Last update 6:46pm EST, May 11, 2021)
\\nThe Euro price varies between 1.2144 and 1.2151 and settles at 1.2144.
\\nIn terms of trend indicators, we can see that at 1.2129, Euro 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 1.2193, indicating a downward move might be next. On the other hand, note that the Euro is climbing away and is now 138 pips from the 1.2006 support line.
\\nOverall, looking at the technical analysis landscape, it seems the Euro might be pointing down in the short term.
\\nThe Euro/Dollar started 2021 by losing 0.39%.
\\n\\n
\\n\\n\\n\\n\",\"\\nICYMI – OPEC still optimistic on oil demand despite India severe coronavirus 'challenges' https://t.co/CjG15gi5RS
\\n— ForexLive (@ForexLive) May 11, 2021
(Last update 7:11pm EST, May 11, 2021)
\\nAfter dropping down to 1.4138, GBP/USD recovered some losses and is currently trading at 1.4138.
\\nAs the day reaches an end, a chart visual study suggests the British Pound nearest support level is at 1.3905. 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 the Pound/Dollar is in overbought condition, keep an eye out for a slowdown of gains. On the other hand, note that the upper Bollinger band is at 1.4131, indicating a downward move might be next.
\\nOverall, looking at the technical analysis landscape, it seems The Pound might be pointing upward in the short term.
\\nThe Pound/Dollar started in 2021 by gaining 2.57%.
\\n\\n
\\n\\n\\n\\n\",\"\\nThis start-up doubled the reach of some UK hospitals during Covid — and investors are taking note https://t.co/qmz7H2J0wk
\\n— CNBC (@CNBC) May 11, 2021
(Last update 7:11pm EST, May 11, 2021)
\\nThe Dollar/Yen price varies between 108.58 and 108.68 and settles at 108.66.
\\nIn terms of trend indicators, we can see that at 108.58, Yen made an initial breakout below the 21 day Simple Moving Average, an indication of a negative trend. Asset volatility analysis shows that the upper Bollinger band is at 109.5, indicating a downward move might be next. On the other hand, note that the yen might start to recover soon because it is getting close and is now only 79 pips from the support line at 107.86, Obviously, dipping below it could be an indication that further losses are ahead.
\\nOverall, looking at all the technical indicators, it seems the dollar/yen might be pointing down in the short term.
\\nThe Dollar/Yen started 2021 by gaining 4.84%.
\\n\\n
\\n\\n\\n\\n\",\"\\nThis start-up doubled the reach of some UK hospitals during Covid — and investors are taking note https://t.co/qmz7H2J0wk
\\n— CNBC (@CNBC) May 11, 2021
(Last update 7:11pm EST, May 11, 2021)
\\nThe Swiss franc recovered back to 0.9038 after dipping down to 0.9029 in a session that started at 0.9038.
\\nAs the day reaches an end, a chart visual study suggests the Swiss franc resistance level is at 0.924. In terms of trend indicators, we can see that at 0.9031, Dollar/Swiss made an initial breakout above the 3 day Simple Moving Average, an indication of a positive trend. Asset volatility analysis shows that the lower Bollinger band is at 0.8973, indicating a positive move might be next.
\\nOverall, looking at the technical analysis landscape, it seems Dollar/Swiss might start pointing upward in the short term.
\\nThe Swiss franc started in 2021 by gaining 1.77%.
\\n\\n
\\n\\n\\n\\n\",\"\\nThis start-up doubled the reach of some UK hospitals during Covid — and investors are taking note https://t.co/qmz7H2J0wk
\\n— CNBC (@CNBC) May 11, 2021
(Last update 7:11pm EST, May 11, 2021)
\\nThe Aussie/Dollar recovered back to 0.7837 after dipping down to 0.7837 in a session that started at 0.7844.
\\nIn terms of trend indicators, we can see that at 0.7823, 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 0.7883, indicating a downward move might be next. On the other hand, note that the Aussie/Dollar might start to recover soon because it is getting close and is now only 78 pips from the support line at 0.7759, Obviously, dipping below it could be an indication that further losses are ahead.
\\nOverall, looking at the technical analysis landscape, it seems the Aussie/Dollar might be pointing down in the short term.
\\nThe Aussie/Dollar started 2021 by gaining 2.05%.
\\n\\n
\\n\\n\\n\\n\\n\"],\"title\":\"Financial Markets Review – 11 May 2021 – 19:11:33\",\"date\":\"2021-05-11T23:11:33\"}"; var omg_ads = JSON.parse(decodeHtml(omg_ads_string)); } catch (e) { var omg_ads = JSON.parse(omg_ads_string); }This start-up doubled the reach of some UK hospitals during Covid — and investors are taking note https://t.co/qmz7H2J0wk
\\n— CNBC (@CNBC) May 11, 2021
![](\\\"https://images.unsplash.com/photo-1503852460961-aa7ffdd3d64d?ixlib=rb-1.2.1&q=80&fm=jpg&crop=entropy&cs=tinysrgb&w=1080&fit=max&ixid=eyJhcHBfaWQiOjE1NDYwM30\\\")
![](\\\"https://images.unsplash.com/photo-1432888622747-4eb9a8efeb07?ixlib=rb-1.2.1&q=80&fm=jpg&crop=entropy&cs=tinysrgb&w=1080&fit=max&ixid=eyJhcHBfaWQiOjE1NDYwM30\\\")
![](\\\"https://images.unsplash.com/photo-1523474253046-8cd2748b5fd2?ixlib=rb-1.2.1&q=80&fm=jpg&crop=entropy&cs=tinysrgb&w=1080&fit=max&ixid=eyJhcHBfaWQiOjE1NDYwM30\\\")
![](\\\"https://images.unsplash.com/photo-1530133532239-eda6f53fcf0f?ixlib=rb-1.2.1&q=80&fm=jpg&crop=entropy&cs=tinysrgb&w=1080&fit=max&ixid=eyJhcHBfaWQiOjE1NDYwM30\\\")
![](\\\"https://images.unsplash.com/photo-1592096304832-62463bfdc822?ixlib=rb-1.2.1&q=80&fm=jpg&crop=entropy&cs=tinysrgb&w=1080&fit=max&ixid=eyJhcHBfaWQiOjE1NDYwM30\\\")
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