\\n

\\n\",\"\\n

Dow hits fresh record high at 31,510

\\n

(Last update 10:52am EST, February 10, 2021)

\\n

\\n

After opening at 31,375.83, Dow Jones reached a record high of 31,510. Later, it lost 204.44 points and is now trading at 31,305.56.

\\n

In terms of trend indicators, we can see that at 31,303.28, Dow 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. Asset volatility analysis shows that the upper Bollinger band is at 31,635.32, indicating a further downward move might be next. In contrast, Dow Jones might start to recover soon because it is getting closer and is now only 117.18 points from the support line at 31,188.38, Obviously, dipping below it could be an indication that further losses are ahead. 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 Dow Jones

\\n

The Dow started 2021 by gaining 2.45%.

\\n

\\n
\\n

Dow: -0.29%
Nasdaq: -1.09%
S&P 500: -0.48%

\\n

— TheStreet (@TheStreet) February 10, 2021

\\n

\\n

\\n\",\"\\n

S&P hits new all time high at 3,931.5

\\n

(Last update 10:51am EST, February 10, 2021)

\\n

\\n

After opening at 3,911.23, S&P 500 reached a record high of 3,931.5. Later, it lost 36.8 points and is now trading at 3,894.7.

\\n

In terms of trend indicators, we can see that at 3,904.55, S&P 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. Asset volatility analysis shows that the upper Bollinger band is at 3,935.43, indicating a further downward move might be next. On the other hand, note that S&P might start to recover soon because it is getting close and is now only 39.34 points from the support line at 3,855.36, Obviously, dipping below it could be an indication that further losses are ahead. 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 the S&P 500

\\n

The S&P started 2021 by gaining 3.97%.

\\n\",\"\\n

Apple drifted to $134.93 (down 0.79%) after starting the day at $136

\\n

(Last update 10:52am EST, February 10, 2021)

\\n

\\n

Currently light red but with no clear-cut direction, Apple is trading at $134.93 after ranging today between $137 and $134.4.

\\n

The Chart visual study suggests the nearest support level is at $126.6 while the closest resistance is at $143.16. In terms of trend indicators, we can see that at $136.12, Apple made an initial breakout below the 10 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. Asset volatility analysis shows that the upper Bollinger band is at $144.5 and the lower is $127.19.

\\n

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

\\n

With a market cap of $2.27 trillion Apple started 2021 by gaining 2.44%. So far this year it is under-performing the S&P 500 by 1.53%.

\\n\",\"\\n

Steady Facebook holds at $268.82

\\n

(Last update 10:51am EST, February 10, 2021)

\\n

\\n

Facebook is trading at $268.82 with no clear-cut direction, ranging between $273.8 and $268.03.

\\n

A Visual analysis of Facebook's price graph shows Facebook's resistance level is at $282.05. In terms of trend indicators, we can see that at $270.65, Facebook made an initial breakout below the 50 day Simple Moving Average, an indication of a negative trend.

\\n

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

\\n

With a market cap of $765.52 billion Facebook started 2021 by losing 1.38%. So far this year it is under-performing the S&P by 5.35%.

\\n

\\n
\\n

Facebook to temporarily reduce political content for some users in few countries https://t.co/XXG9sq2Uxs pic.twitter.com/NJSl1lJWoz

\\n

— Reuters (@Reuters) February 10, 2021

\\n

\\n

\\n\",\"\\n

Amazon retreats to $3,264.19 (down 1.23%) after starting the day at $3,305

\\n

(Last update 10:51am EST, February 10, 2021)

\\n

\\n

After a mostly steady session, Amazon lost 1.23%, trading at $3,264.19.

\\n

The Chart pattern study shows the nearest support level is at $3,104.25 while the closest resistance is at $3,322. In terms of trend indicators, we can see that at $3,302.29, Amazon made an initial breakout below the 10 day Simple Moving Average, an indication of a negative trend. 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 Amazon is likely to continue pointing down in the short term.

\\n

With a market cap of $1.64 trillion Amazon has started 2021 by gaining 1.45%. So far this year it is under-performing the S&P 500 by 2.52%.

\\n

\\n
\\n

Consumer products startup Thrasio has raised another $750 million that it plans to use for its continued purchase of third-party sellers on Amazon https://t.co/6sz0IgNf88 pic.twitter.com/7pWFVvzeUc

\\n

— Forbes (@Forbes) February 10, 2021

\\n

\\n

\\n\",\"\\n

Microsoft hit a new all time high at $245.92

\\n

(Last update 10:56am EST, February 10, 2021)

\\n

\\n

After opening at $243.77, Microsoft reached a record high of $245.92. Later, it lost $3.83 and is now trading at $242.09.

\\n

The Chart visual study suggests Microsoft's nearest support level is at $224.96, followed by $212.25 at the next level. In terms of trend indicators, we can see that at $242.69, Microsoft made an initial breakout below the 5 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. Momentum evaluation shows the Relative Strength Index has fallen below 70 – exiting overbought conditions and indicating possible moderate gains or a downward correction is a head. Asset volatility analysis shows that the upper Bollinger band is at $247.46, indicating a further downward move might be next.

\\n

Overall, looking at the technical analysis landscape, it seems further drawbacks may be next for Microsoft.

\\n

With a market cap of $1.83 trillion Microsoft started 2021 by gaining 8.76%. So far this year it is outperforming the Dow Jones by 6.31%.

\\n\",\"\\n

Google hovers around $2,080

\\n

(Last update 10:56am EST, February 10, 2021)

\\n

\\n

The The price varies between $2,063 and $2,108.37 and settles at $2,080.

\\n

The Chart pattern study shows Google's nearest support level is at $1,917.24. In terms of trend indicators, we can see that at $2,081.37, Google made an initial breakout below the 5 day Simple Moving Average, an indication of a negative trend. Momentum evaluation shows The Relative Strength Index indicates Google is in strong overbought condition. Asset volatility analysis shows that the upper Bollinger band is at $2,201.35 and the lower is $1,770.55.

\\n

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

\\n

With a market cap of $1.40 trillion Google has started 2021 by gaining 15.92%. So far this year it is outperforming the S&P 500 by 11.95%.

\\n\",\"\\n

Tesla slid down to $816.07 (down 3.93%) after starting the day at $849.46

\\n

(Last update 10:56am EST, February 10, 2021)

\\n

\\n

Tesla is dark red after losing 3.93%, tumbling down to $816.07.

\\n

Chart visual study suggest Tesla might start to recover soon because it is getting closer and is now only $22.54 from the support line at $793.53, Obviously, dipping below it could be an indication that further losses are ahead. Asset volatility analysis shows that a slight indication of recovery comes from looking at the Bollinger bands: the lower band is at $800.9 – a low enough level to usually suggest Tesla is trading below its value. On the other hand, note that 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 – although indicators are mixed and some are pointing in different directions, it seems Tesla might reverse course and start pointing upward in the short term.

\\n

With a market cap of $783.31 billion Tesla started 2021 by gaining 16.93%. So far this year it is outperforming the Nasdaq by 8.94%.

\\n\",\"\\n

After a 2 month hiatus, Zoom is back at $441.22 levels.

\\n

(Last update 10:56am EST, February 10, 2021)

\\n

\\n

After starting the day at $430.03, Zoom rallied to $441.22, hitting its highest point in 2 months, It later lost $19.55 and is now trading at $421.67

\\n

The Chart pattern study shows Zoom's nearest support level is at $337.32. In terms of trend indicators, we can see that at $420.14, Zoom made an initial breakout below the 3 day Simple Moving Average, an indication of a negative trend. 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 Zoom is in overbought condition. Asset volatility analysis shows that the upper Bollinger band is at $436.12, indicating a further downward move might be next.

\\n

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

\\n

With a market cap of $123.08 billion Zoom started in 2021 by gaining 21.56%. So far this year it is outperforming the Nasdaq by 13.57%.

\\n

\\n
\\n

'I'm not a cat': A Texas attorney tells judge after a Zoom filter mishap https://t.co/igLvmNSJbw 🐱 pic.twitter.com/kbgxFKEW0G

\\n

— Reuters (@Reuters) February 10, 2021

\\n

\\n

\\n\",\"\\n

Netflix was steady at $557.82, no significant movement

\\n

(Last update 10:56am EST, February 10, 2021)

\\n

\\n

Netflix is trading steadily today, ranging between $564.71 and $553.5 and is now at $557.82.

\\n

Visual analysis of Netflix's price graph shows Netflix might start to recover soon because it is getting close and is now only $17.09 from the support line at $540.73, 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. Momentum evaluation shows The Relative Strength Index indicates Netflix is in overbought condition. However, the upper Bollinger band is at $565.32, indicating a downward move might be next.

\\n

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

\\n

With a market cap of $247.06 billion Netflix started in 2021 by gaining 3.28%. So far this year it is under-performing the S&P by 0.69%.

\\n

\\n
\\n

New: Adyen shares hit a record high today. The Dutch fintech, which processes payments for the likes of Netflix and Uber, reported better-than-expected earnings in 2020.

\\n

I'm chatting with CEO Pieter van der Does later today. What do you want to know? https://t.co/10XIkfOoWF

\\n

— Ryan Browne (@Ryan_Browne_) February 10, 2021

\\n

\\n

\\n\",\"\\n

After six days of going up, Walmart is down 1.2% today.

\\n

(Last update 10:51am EST, February 10, 2021)

\\n

\\n

Walmart dropped 1.2% early on and is steady at the $144.08 range.

\\n

A Visual analysis of Walmart's price graph shows the nearest support level is at $139.27 while the closest resistance is at $148.97. In terms of trend indicators, we can see that at $144.58, Walmart 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 Walmart is likely to continue pointing down in the short term.

\\n

With a market cap of $407.63 billion Walmart started in 2021 by gaining 1.15%. So far this year it is under-performing the Dow by 1.3%.

\\n

\\n
\\n

The deal by Walmart ( $WMT ) and Oracle ( $ORCL ) to acquire up-and-coming social-media app TikTok is on hold indefinitely. https://t.co/w9AkZI9hbU

\\n

— TheStreet (@TheStreet) February 10, 2021

\\n

\\n

\\n\",\"\\n

Steady Procter & Gamble parks at $128.67

\\n

(Last update 10:51am EST, February 10, 2021)

\\n

\\n

Asset volatility analysis shows that the upper Bollinger band is at $130.1, indicating a downward move might be next.

\\n

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

\\n

With a market cap of $316.85 billion Procter & Gamble started 2021 by losing 8.14%. So far this year it is under-performing the Dow by 10.59%.

\\n\",\"\\n

Walt Disney hits new all time high at $190.7

\\n

(Last update 10:51am EST, February 10, 2021)

\\n

\\n

After opening at $188.21, Walt Disney reached a record high of $190.7. Later, it lost $3.79 and is now trading at $186.91.

\\n

Walt Disney is scheduled to announce earnings results tomorrow. The consensus Earnings Per Share estimate is -0.3274 and the consensus revenue estimate is $15.91 billion.

\\n

Visual analysis of the Walt Disney's price graph shows Walt Disney's nearest support level is at $181.18, followed by $163.03 at the next level. 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 Walt Disney is in overbought condition. However, at $186.46, Walt Disney made an initial breakout below the 3 day Simple Moving Average, an indication of a negative trend.

\\n

Overall, 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.

\\n

With a market cap of $339.11 billion Walt Disney started 2021 by gaining 3.74%. So far this year it is outperforming the Dow by 1.29%.

\\n\",\"\\n

Coca-Cola hovers around $49.77 as quarterly performance published

\\n

(Last update 10:51am EST, February 10, 2021)

\\n

\\n

Although starting the trading session strong, rising from $49.7 to $50.58, Coca-Cola dropped back and is now priced at $49.77.

\\n

Today, Coca-Cola reported mixed earnings results with EPS at 0.47 and revenues at $8.60 billion, compared to a consensus of 0.4178 Earnings Per Share and $8.61 billion revenue.

\\n

Visual analysis of the Coca-Cola's price graph shows Coca-Cola's nearest support level is at $48.15. In terms of trend indicators, we can see that at $49.76, Coca-Cola 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 $50.23, 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 the technical analysis landscape, it seems Coca-Cola might be pointing down in the short term.

\\n

With a market cap of $213.88 billion Coca-Cola started 2021 by losing 10.34%. So far this year it is under-performing the Dow by 12.79%.

\\n

\\n
\\n

Coca-Cola expects sales growth to return in 2021 as profit exceeds forecasts https://t.co/jRsvQ98iiA pic.twitter.com/aL6s5G52nT

\\n

— Reuters (@Reuters) February 10, 2021

\\n

\\n

\\n\",\"\\n

Pfizer drifted to $34.82 (down 0.43%) after starting the day at $34.97

\\n

(Last update 10:51am EST, February 10, 2021)

\\n

\\n

Currently light red but with no clear-cut direction, Pfizer is trading at $34.82 after ranging today between $35.07 and $34.76.

\\n

The Chart pattern study shows Pfizer's immediate support is around $34.79, resistance level is at $36.74. In terms of trend indicators, we can see that at $34.89, Pfizer made an initial breakout below the 5 day Simple Moving Average, an indication of a negative trend. Momentum evaluation shows The Relative Strength Index indicates Pfizer 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 $34.23 – a low enough level to usually suggest Pfizer is trading below its value. Japanese Candlesticks formations detected today are the "Bullish engulfing”, 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 Pfizer has no obvious direction for the immediate future.

\\n

With a market cap of $193.54 billion Pfizer started 2021 by losing 5.26%. So far this year it is under-performing the Dow Jones by 7.71%.

\\n

\\n
\\n

Vaccine versus variant: Israel’s swift vaccination rollout has made it the largest real-world study of Pfizer’s COVID-19 vaccine. Results are trickling in, and they are promising https://t.co/DVKQxN0xDy via @MaayanLubell @ZvulunRonen @StevenMScheer pic.twitter.com/4cPae7j4oR

\\n

— Reuters (@Reuters) February 10, 2021

\\n

\\n

\\n\",\"\\n

After an 8 week hiatus, McDonald's is back at $217.31

\\n

(Last update 10:46am EST, February 10, 2021)

\\n

\\n

After starting the day at $215.98, McDonald's rallied to $217.31, hitting its highest point in 8 weeks, It later lost $1.7 and is now trading at $215.61

\\n

Chart visual study suggests McDonald's broke through the $215.38 support line and dropped 22 cents below it. 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 $216.91, 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 $160.65 billion McDonald's started 2021 by gaining 0.65%. So far this year it is under-performing the Dow Jones by 1.8%.

\\n\",\"\\n

Bitcoin hits new all time high at $47,121

\\n

(Last update 10:46am EST, February 10, 2021)

\\n

\\n

After opening at $47,100, Bitcoin reached a record high of $47,121. Later, it lost $2,800 and is now trading at $44,322.

\\n

Momentum evaluation shows the Relative Strength Index has fallen below 70 – exiting overbought conditions and indicating possible moderate gains or a downward correction is a head. Asset volatility analysis shows that the upper Bollinger band is at $44,179, indicating a further downward move might be next. However, "Morning star”, whenever it appears on top of a bullish overall trend, some traders would consider this an indication of a reversal, of course.

\\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 Bitcoin.

\\n

With a market cap of 825.50 billion

\\n

\\n
\\n

"It has to be part of the menu," says @JimCramer on #bitcoin on corporations balance sheet. "If your customers want to transact it, it's a good diversification. I think every individual should have some." #btc https://t.co/zbE9kIgvEc pic.twitter.com/uX6fyaLcev

\\n

— CNBC (@CNBC) February 10, 2021

\\n

\\n

\\n\",\"\\n

Gold inches to $1,841 up $3.5

\\n

(Last update 10:46am EST, February 10, 2021)

\\n

\\n

With a daily low of 1,834, Gold holds at $1,841 after starting the day at $1,837.5 and gaining $3.5 (0.19%).

\\n

Visual analysis of Gold's price graph shows Gold could be slowing down soon because it is getting close and is now only $25 from the resistance line at $1,866, yet crossing it might suggest further gains are ahead. In terms of trend indicators, we can see that at $1,840, Gold made an initial breakout above the 21 day Simple Moving Average, an indication of a positive trend. Asset volatility analysis shows that the upper Bollinger band is at $1,880.27 and the lower is $1,802.

\\n

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

\\n

Gold started 2021 by losing 3.15%.

\\n

\\n
\\n

Gold continues to keep steady but buyers starting to near test of key resistance levels https://t.co/td52w2UsZm

\\n

— ForexLive (@ForexLive) February 10, 2021

\\n

\\n

\\n\",\"\\n

Crude went back up to January 2020 levels, reaching $58.76

\\n

(Last update 10:46am EST, February 10, 2021)

\\n

\\n

After starting the day at $58.36, crude oil rallied to $58.76, hitting its highest point in 1 year, It later lost 28 cents and is now trading at $58.47

\\n

A Visual analysis of the Oil's price graph shows Crude oil's nearest support level is at $52.85. 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 crude oil is in strong overbought condition. In contrast, the upper Bollinger band is at $58.92, indicating a downward move might be next.

\\n

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

\\n

Oil started 2021 by gaining 16.86%.

\\n

\\n
\\n

US weekly oil inventories -6645K vs -800K exp https://t.co/u3DIEWHlrY

\\n

— ForexLive (@ForexLive) February 10, 2021

\\n

\\n

\\n\",\"\\n

The Euro was steady at 1.2133, no significant movement.

\\n

(Last update 10:46am EST, February 10, 2021)

\\n

\\n

With a daily low of 1.2114, EUR/USD holds at 1.2133 after starting the day at 1.2123 and gaining 10 pips (0.08%).

\\n

The Chart pattern study shows the Euro's resistance level is at 1.2173. In terms of trend indicators, we can see that at 1.2121, Euro/Dollar made an initial breakout above the 21 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. On the other hand, note that the upper Bollinger band is at 1.2209, indicating a downward move might be next.

\\n

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

\\n

The Euro started 2021 by losing 1.37%.

\\n

\\n
\\n

On @Breakingviews – A convoluted 12 billion euro pet-care deal carries a clear message for public markets: even amid an IPO boom and hot stock-market valuations, private investors will be reluctant to part with most promising assets, writes @LiamWardProud https://t.co/nWhLT3qe7L

\\n

— Reuters (@Reuters) February 10, 2021

\\n

\\n

\\n\",\"\\n

Pound/Dollar hits 1.3864, highest rate in 2 years

\\n

(Last update 11:11am EST, February 10, 2021)

\\n

\\n

After opening at 1.3817, GBP/USD reached 1.3864, breaking a 2 year record. Later, it lost 20 pips and is now trading at 1.3844.

\\n

The Chart visual study suggests the Pound/Dollar nearest support level is at 1.3511. 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 is in overbought condition. However, a slight indication of a slowdown comes from looking at the Bollinger bands: the upper band is at 1.383 – a high enough level to usually suggest The Pound is trading above its value.

\\n

Overall, looking at the technical analysis landscape, it seems the pound/dollar likely to continue pointing upward in the short term.

\\n

The British Pound started in 2021 by gaining 0.56%.

\\n

\\n
\\n

The U.K. government announces a package of 5 billion pounds toward the cost of stripping potentially dangerous cladding from apartment blocks, with a new tax on developers from next year https://t.co/gih8HUuG2w

\\n

— Bloomberg (@business) February 10, 2021

\\n

\\n

\\n\",\"\\n

The Steady Yen holds at 104.65

\\n

(Last update 11:11am EST, February 10, 2021)

\\n

\\n

Although starting the trading session strong, rising from 104.57 to 104.84, USD/JPY dropped back and is now priced at 104.65.

\\n

Visual analysis of the Yen's price graph shows the Dollar/Yen is climbing away and is now 115 pips from the 103.49 support line. In terms of trend indicators, we can see that at 104.63, Yen made an initial breakout above the 10 day Simple Moving Average, an indication of a positive trend.

\\n

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

\\n

The Dollar/Yen started 2021 by gaining 1.91%.

\\n

\\n
\\n

A security guard was seen dancing on duty while he guided pedestrians and traffic in Japan pic.twitter.com/XVgkR5srKW

\\n

— Reuters (@Reuters) February 10, 2021

\\n

\\n

\\n\",\"\\n

The Dollar/Swiss drifted to 0.89 after starting the day at 0.8921 (down 0.24%)

\\n

(Last update 11:11am EST, February 10, 2021)

\\n

\\n

USD/CHF slid down from 0.8921 to 0.89, losing 21 pips (0.24%).

\\n

Visual analysis of the Dollar/Swiss's price graph shows Dollar/Swiss might start to recover soon because it is getting close and is now only 48 pips from the support line at 0.8851, Obviously, dipping below it could be an indication that further losses are ahead. Asset volatility analysis shows that a slight indication of recovery comes from looking at the Bollinger bands: the lower band is at 0.8832 – a low enough level to usually suggest the Swiss franc is trading below its value. On the other hand, note that at 0.8915, Swiss franc 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 – although indicators are mixed and some are pointing in different directions, it seems the Swiss franc might reverse course and start pointing upward in the short term.

\\n

The Swiss franc started in 2021 by gaining 1.58%.

\\n\",\"\\n

The Australian dollar hovers around 0.7733

\\n

(Last update 11:11am EST, February 10, 2021)

\\n

\\n

AUD/USD trading at 0.7733 with no clear-cut direction, ranging between 0.7759 and 0.7721.

\\n

Visual analysis of the Aussie/Dollar's price graph shows the Aussie/Dollar nearest support level is at 0.76. Asset volatility analysis shows that the upper Bollinger band is at 0.7776, indicating a downward move might be next.

\\n

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

\\n

The Australian dollar started in 2021 by gaining 0.13%.

\\n

\\n
\\n

Lockdown restrictions could have been a disaster for South African wine estate Vergenoegd Low. But the 325-year-old estate was thrown a lifeline by an increasingly bitter trade war between China and Australia. More here: https://t.co/nyOETE1c9k pic.twitter.com/TyvemCbdhz

\\n

— Reuters Business (@ReutersBiz) February 10, 2021

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