\\n

\\n\",\"\\n

Stable day for Dollar/Yen, trading around 110.33

\\n

(Last update 7:11pm EST, June 21, 2021)

\\n

\\n

Dollar/Yen recovers back to 110.33 after dipping down to 110.26 in a session that started at 110.28.

\\n

In terms of trend indicators, we can see that at 109.83, Dollar/Yen 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 110.68, indicating a downward move might be next. In contrast Dollar/Yen is climbing away and is now 155 pips from the 108.77 support line.

\\n

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

\\n

Dollar/Yen has started this year by gaining 6.3%.

\\n

\\n
\\n

Japan pledges $10 bln financial support for Asia's energy transition https://t.co/2HpHYyZdYN pic.twitter.com/aYNtf4DJqg

\\n

— Reuters Business (@ReutersBiz) June 21, 2021

\\n

\\n

\\n\",\"\\n

Dollar/Swiss hovers around 0.9184

\\n

(Last update 7:11pm EST, June 21, 2021)

\\n

\\n

Dollar/Swiss trades at 0.9184 having started the day at 0.9177, overall a 0.07% move or 6 pips today.

\\n

Momentum evaluation shows The Relative Strength Index indicates Dollar/Swiss is in overbought condition. Asset volatility analysis shows that the upper Bollinger band is at 0.9253, indicating a downward move might be next.

\\n

Overall, the technical analysis picture suggests Dollar/Swiss is neutral for the immediate future, with no clear-cut direction.

\\n

Dollar/Swiss has started this year by gaining 4.08%.

\\n\",\"\\n

Aussie/Dollar holds at 0.7539

\\n

(Last update 7:11pm EST, June 21, 2021)

\\n

\\n

Australian dollar trades at 0.7539 having started the day at 0.7534, overall a 0.06% move or 4 pips today.

\\n

In terms of trend indicators, we can see that the MACD line is below the MACD signal line significantly, meaning medium-term trend might turn positive. Momentum evaluation shows The Relative Strength Index indicates Aussie/Dollar is in oversold condition, allowing more gains.

\\n

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

\\n

Australian dollar started the year by losing 2.73%.

\\n\\n\"],\"title\":\"Financial Markets Review – 21 June 2021 – 19:11:21\",\"date\":\"2021-06-21T23:11:21\"}"; var omg_ads = JSON.parse(decodeHtml(omg_ads_string)); } catch (e) { var omg_ads = JSON.parse(omg_ads_string); }