\\n

\\n\",\"\\n

Stable day for the Dow, parking at 31,458.4

\\n

(Last update 12:51pm EST, February 13, 2021)

\\n

\\n

Dow yesterday at a glance – Dow Jones closed at 31,458.4 with no clear-cut direction and ranged between 31,475.31 and 31,347.8.

\\n

In terms of trend indicators, we can see that at 31,414.78, Dow Jones 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 31,826.72, indicating a downward move might be next. However, Dow might start to recover soon because it is getting closer and is now only 270 points from the support line at 31,188.38, Obviously, dipping below it could be an indication that further losses are ahead.

\\n

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

\\n

The Dow Jones started 2021 by gaining 2.71%.

\\n\",\"\\n

S&P 500 hits new all time high at 3,937.23

\\n

(Last update 12:51pm EST, February 13, 2021)

\\n

\\n

After opening at 3,916.38, S&P 500 gained 18.45 points, hitting a fresh record high of 3,937.23.

\\n

The Chart visual study suggests S&P 500 immediate resistance is around 3,946, nearest support level is at 3,855.36. In terms of trend indicators, we can see that at 3,912.5, S&P made an initial breakout above the 3 day Simple Moving Average, an indication of a positive trend. 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. Asset volatility analysis shows that the upper Bollinger band is at 3,972.31, This is a slight indication of a slowdown.

\\n

Overall, technical indicators suggest the S&P 500 has no obvious direction for the immediate future.

\\n

The S&P started 2021 by gaining 4.56%.

\\n\",\"\\n

Steady Apple parks at $135.37

\\n

(Last update 12:51pm EST, February 13, 2021)

\\n

\\n

Apple yesterday at a glance – Apple recovered back to $135.37 after dipping down to $133.69 in a session that started at $135.13. Trading volume was 60.15 million, below the daily average of 102.07 million.

\\n

The Chart pattern study shows Apple's nearest support level is at $126.6. In terms of trend indicators, we can see that at $135.27, Apple made an initial breakout above the 21 day Simple Moving Average, an indication of a positive trend.

\\n

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

\\n

With a market cap of $2.27 trillion Apple started 2021 by gaining 1.98%. So far this year it is under-performing the S&P by 2.58%.

\\n

\\n
\\n

Apple has made some bold moves into health care, and it has the potential to make waves in the market — which is worth trillions globally. Watch the full video here: https://t.co/3MYInfTO9A pic.twitter.com/QRoqwjC3jm

\\n

— CNBC (@CNBC) February 13, 2021

\\n

\\n

\\n\",\"\\n

Stable day for Facebook, parking at $270.5

\\n

(Last update 12:51pm EST, February 13, 2021)

\\n

\\n

Facebook yesterday at a glance – Facebook traded at $270.5 having started the session at $270.52, overall a 0.04% move or 11 cents. Trading volume was 9.10 million, below the daily average of 19.46 million.

\\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 $270.4, Facebook made an initial breakout above the 50 day Simple Moving Average, an indication of a positive trend.

\\n

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

\\n

With a market cap of $770.29 billion Facebook started 2021 by losing 0.98%. So far this year it is under-performing the S&P 500 by 5.54%.

\\n

\\n
\\n

Facebook said it is beginning to reduce how much political content users see on its main platform, potentially diminishing the role that the world’s largest social network plays in elections and civil discourse https://t.co/HwpHKKeAdm

\\n

— The Wall Street Journal (@WSJ) February 13, 2021

\\n

\\n

\\n\",\"\\n

Amazon closed at $3,277.71 after gaining 0.48% during the session

\\n

(Last update 12:51pm EST, February 13, 2021)

\\n

\\n

Amazon yesterday at a glance – light green but with no clear-cut direction, Amazon closed at $3,277.71 after it ranged between $3,280 and $3,233.31. Trading volume was 2.34 million, below the daily average of 3.84 million.

\\n

In terms of trend indicators, we can see that at $3,265.37, Amazon 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 $3,211.21, indicating further gains might be next. However, Amazon is eyeing resistance at $3,326 and is now only $48.42 away, whilst this indicates a slow down or reverse of direction around $3,326, crossing it might suggest a prolonged positive move.

\\n

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

\\n

With a market cap of $1.65 trillion Amazon has started 2021 by gaining 0.64%. So far this year it is under-performing the S&P 500 by 3.92%.

\\n

\\n
\\n

The union formed by Google employees is unlikely to cause Alphabet any financial worries. Amazon has more to lose https://t.co/JaIzwsLiHG

\\n

— The Economist (@TheEconomist) February 13, 2021

\\n

\\n

\\n\",\"\\n

Microsoft holds at $245

\\n

(Last update 12:26pm EST, February 13, 2021)

\\n

\\n

Microsoft yesterday at a glance – Microsoft closed at $245 with no clear-cut direction and ranged between $245.29 and $242.74. Trading volume was 16.56 million, below the daily average of 22.87 million.

\\n

The Chart visual study suggests Microsoft's nearest support level is at $212.25. In terms of trend indicators, we can see that at $243.15, 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. Asset volatility analysis shows that the upper Bollinger band is at $246.3, indicating a downward move might be next. On the other hand, note that the Relative Strength Index indicates Microsoft is in overbought condition.

\\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 $1.85 trillion Microsoft started 2021 by gaining 9.23%. So far this year it is outperforming the Dow by 6.52%.

\\n

\\n
\\n

Nvidia's ( $NVDA ) acquisition of Arm Ltd. from SoftBank has run into opposition…

\\n

A consortium comprised of Google ( $GOOGL ), Microsoft ( $MSFT ), and Qualcomm ( $QCOM ), among others, has asked antitrust officials to intervene.https://t.co/IAIeeewMhz

\\n

— TheStreet (@TheStreet) February 12, 2021

\\n

\\n

\\n\",\"\\n

Google will open at $2,104 after four straight days of gains.

\\n

(Last update 12:26pm EST, February 13, 2021)

\\n

\\n

Google yesterday at a glance – light green, mostly flat: Alphabet ranged between $2,108.82 and $2,083 and is closed at $2,104. Trading volume was 855,865, below the daily average of 1.64 million.

\\n

Visual analysis of Google's price graph shows Google's immediate resistance is around $2,114.24, nearest support level is at $1,917.24. In terms of trend indicators, we can see that at $2,093, Google 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 Google is in strong overbought condition.

\\n

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

\\n

With a market cap of $1.42 trillion Google has started 2021 by gaining 16.81%. So far this year it is outperforming the S&P 500 by 12.25%.

\\n

\\n
\\n

The union formed by Google employees is unlikely to cause Alphabet any financial worries. Amazon has more to lose https://t.co/JaIzwsLiHG

\\n

— The Economist (@TheEconomist) February 13, 2021

\\n

\\n

\\n\",\"\\n

Tesla will open at $816.12 after gaining 0.55% yesterday.

\\n

(Last update 12:26pm EST, February 13, 2021)

\\n

\\n

Tesla yesterday at a glance – Tesla recovered all the way back to $811.66 after dipping down to $785.33. Trading volume was 23.77 million, above the daily average of 21.85 million.

\\n

The Chart visual study suggests the nearest resistance level is at $883.09. Asset volatility analysis shows that the lower Bollinger band is at $795.07, indicating further gains might be next. 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, looking at the technical analysis landscape, it seems Tesla might continue pointing upwards in the short term.

\\n

With a market cap of $783.36 billion Tesla started 2021 by gaining 13.61%. So far this year it is outperforming the Nasdaq by 5%.

\\n

\\n
\\n

Goldman Sachs creates a joint venture in its investment bank focused on catering to auto tech clients like Tesla and its rivals https://t.co/21ZFB6VXYV

\\n

— Bloomberg Markets (@markets) February 12, 2021

\\n

\\n

\\n\",\"\\n

A slow down? After four days of going up, Zoom was flat yesterday, hovering around $433.11

\\n

(Last update 12:26pm EST, February 13, 2021)

\\n

\\n

Zoom yesterday at a glance – Zoom closed at $433.11 with no clear-cut direction and ranged between $435 and $423.13. Trading volume was 2.04 million, below the daily average of 4.21 million.

\\n

Visual analysis of the Zoom's price graph shows Zoom's nearest support level is at $337.32. In terms of trend indicators, we can see that at $424.84, Zoom 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 $454.27, indicating a downward move might be next. On the other hand, note that the Relative Strength Index indicates Zoom is in overbought condition.

\\n

Overall, looking at all the technical indicators, it seems Zoom might be pointing down in the short term.

\\n

With a market cap of $126.42 billion Zoom started in 2021 by gaining 22.13%. So far this year it is outperforming the Nasdaq by 13.52%.

\\n

\\n
\\n

Watching a student loan debt spiral is bad enough when you’ve enjoyed your university years. It is all the harder to accept for a cohort confined to their rooms and taught over Zoom. Find out why students are in revolt: https://t.co/xN4NF9a4dT pic.twitter.com/GstrtyiJDF

\\n

— Financial Times (@FinancialTimes) February 13, 2021

\\n

\\n

\\n\",\"\\n

Steady Netflix parks at $556.52

\\n

(Last update 12:26pm EST, February 13, 2021)

\\n

\\n

Netflix yesterday at a glance – Netflix recovered back to $556.52 after dipping down to $550.94 in a session that started at $557.59. Trading volume was 2.20 million, below the daily average of 3.33 million.

\\n

The Chart pattern study shows Netflix's nearest support level is at $523.28. In terms of trend indicators, we can see that at $555.79, Netflix 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 $566.84, indicating a downward move might be next.

\\n

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

\\n

With a market cap of $246.48 billion Netflix started in 2021 by gaining 2.83%. So far this year it is under-performing the S&P 500 by 1.73%.

\\n

\\n
\\n

In our streaming guide this week: The final installment of the young-adult franchise "To All the Boys" dropped on Netflix Friday. Plus, "Clarice" comes to CBS, Kristen Wiig’s "Barb & Star Go to Vista Del Mar" and Metallica gives "Crime Scene" a leg up. https://t.co/l5YuEUQfrE

\\n

— The Wall Street Journal (@WSJ) February 13, 2021

\\n

\\n

\\n\",\"\\n

Walmart will open at $144.47 after gaining 0.31% yesterday.

\\n

(Last update 1:01pm EST, February 13, 2021)

\\n

\\n

Walmart yesterday at a glance – small gains for Walmart at $144.47 after ranging between $143.71 and $144.61. Trading volume was 4.39 million, below the daily average of 6.07 million.

\\n

The Chart visual study suggests the nearest resistance level is at $148.97. In terms of trend indicators, we can see that at $144.19, Walmart made an initial breakout above the 21 day Simple Moving Average, an indication of a positive trend. Momentum evaluation shows The Relative Strength Index indicates Walmart is in overbought condition.

\\n

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

\\n

With a market cap of $408.75 billion Walmart started 2021 by gaining 0.22%. So far this year it is under-performing the Dow by 2.49%.

\\n

\\n
\\n

Walmart says it now has more than 170,000 personal shoppers in stores, more than double the number in the position last year and larger than Macy's entire workforce. https://t.co/gqYubENjyF

\\n

— CNN Business (@CNNBusiness) February 12, 2021

\\n

\\n

\\n\",\"\\n

Procter & Gamble hit $126.58, its lowest rate in 6 months.

\\n

(Last update 1:01pm EST, February 13, 2021)

\\n

\\n

After starting the day at $128.33 Procter & Gamble dropped to $126.58, hitting its lowest point in 6 months, it later recovered $1.04 and closed at $127.62

\\n

The Chart visual study suggests Procter & Gamble's immediate support is around $126.76, resistance level is at $133.09. 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 Procter & Gamble is in oversold condition, allowing more gains. Asset volatility analysis shows that the upper Bollinger band is at $129.82, indicating a further downward move might be next.

\\n

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

\\n

With a market cap of $314.26 billion Procter & Gamble started in 2021 by losing 9%. So far this year it is under-performing the Dow Jones by 11.69%.

\\n\",\"\\n

Walt Disney hits new all time high at $193.85

\\n

(Last update 1:01pm EST, February 13, 2021)

\\n

\\n

After opening at $190.91, Walt Disney reached a record high of $193.85. Later, it lost $6.18 and closed at $187.67.

\\n

Thursday, Walt Disney released its quarterly earnings, beating analysts' estimates. The company reported earnings of 0.32 per share on revenue of $16.25 billion, topping estimates of -0.3274 per share on revenue of $15.91 billion. Since the release of its earnings report, Walt Disney lost $1.96.

\\n

The Chart visual study suggests Walt Disney's nearest support level is at $163.03. In terms of trend indicators, we can see that at $188, Walt Disney 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 Walt Disney is in overbought condition, keep an eye out for a slowdown of gains.

\\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 $340.48 billion Walt Disney started in 2021 by gaining 3.4%. So far this year it is outperforming the Dow Jones by 0.69%.

\\n\",\"\\n

Coca-Cola moved up 0.78%, close at $50.69 $50.69 after the quarterly performance report

\\n

(Last update 1:02pm EST, February 13, 2021)

\\n

\\n

Coca-Cola yesterday at a glance – Coca-Cola gained 0.78% and stayed at $50.69 levels. Trading volume was 13.14 million, below the daily average of 16.14 million.

\\n

Wednesday, 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. Since the release of its earnings report, Coca-Cola gained 98 cents

\\n

The Chart pattern study shows the nearest resistance level is at $54.84. 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. Momentum evaluation shows The Relative Strength Index indicates Coca-Cola is in strong overbought condition. In contrast, the upper Bollinger band is at $51.05, This is a slight indication of a slowdown.

\\n

Overall, looking at the technical analysis landscape, it seems Coca-Cola likely to continue pointing upward in the short term.

\\n

With a market cap of $218.07 billion Coca-Cola started 2021 by losing 8.25%. So far this year it is under-performing the Dow by 10.96%.

\\n\",\"\\n

Pfizer will open at $34.72 after gaining 0.84% yesterday.

\\n

(Last update 1:01pm EST, February 13, 2021)

\\n

\\n

Pfizer yesterday at a glance – Small gains for Pfizer at $34.72 after ranging between $34.36 and $34.95. Trading volume was 25.26 million, below the daily average of 37.41 million.

\\n

Visual analysis of the Pfizer's price graph shows Pfizer's nearest resistance level is at $36.74, followed by $37.31 at the next level. In terms of trend indicators, we can see that at $34.78, Pfizer 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 $34.25, 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. However, the Relative Strength Index indicates Pfizer is in oversold condition, allowing more gains.

\\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 $192.99 billion Pfizer started 2021 by losing 6.07%. So far this year it is under-performing the Dow by 8.78%.

\\n

\\n
\\n

Lebanon has received its first batch of coronavirus vaccines. The 28,500 Pfizer doses arrived Saturday, ahead of a nationwide vaccination campaign in the tiny Mediterranean country. https://t.co/cufNihv3Sr

\\n

— The Associated Press (@AP) February 13, 2021

\\n

\\n

\\n\",\"\\n

After three days of going down, McDonald's was flat yesterday, closing at $213.9

\\n

(Last update 1:01pm EST, February 13, 2021)

\\n

\\n

McDonald's yesterday at a glance – McDonald's recovered back to $213.9 after dipping down to $213 in a session that started at $214.27. Trading volume was 2.78 million, below the daily average of 3.30 million.

\\n

The Chart visual study suggests McDonald'ss resistance level is at $215.87. In terms of trend indicators, we can see that at $213.76, McDonald's 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 $217.43, indicating a downward move might be next.

\\n

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

\\n

With a market cap of $159.38 billion McDonald's started 2021 by losing 0.32%. So far this year it is under-performing the Dow by 3.03%.

\\n\",\"\\n

Bitcoin drifted to $46,800 after starting the day at $47,900 (down 2.3%)

\\n

(Last update 1:01pm EST, February 13, 2021)

\\n

\\n

Bitcoin sliding down from $47,900 to $46,800, taking a $1,100 loss (2.3%).

\\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.

\\n

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

\\n

With a market cap of 871.72 billion

\\n

\\n
\\n

WATCH: Tesla announced a $1.5 billion investment in #Bitcoin and that the cryptocurrency would soon be accepted as payment for its cars. Here is a closer look at how the payments might work https://t.co/6mYYuYKvuB pic.twitter.com/6B4hQ7CAly

\\n

— Reuters (@Reuters) February 13, 2021

\\n

\\n

\\n\",\"\\n

Gold nudged to $1,824.8 after starting the day at $1,826.8 (down 0.11%)

\\n

(Last update 1:01pm EST, February 13, 2021)

\\n

\\n

Gold yesterday at a glance – Gold slid down from $1,826.8 to $1,824.8, losing $2 (0.11%).

\\n

The Chart pattern study shows although gold is down today and was as low as $1,810, it seems to be recovering slightly and climbing away from the $1,789 support line and is now $35.9 above it. In terms of trend indicators, we can see that, although down today, worth noting that at $1,827 Gold did peak above the 10 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 $1,799 – a low enough level to usually suggest Gold is trading below its value.

\\n

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

\\n

Gold started 2021 by losing 3.91%.

\\n

\\n
\\n

"Foresight in the midst of chaos." The Senate has approved the Congressional Gold Medal for Eugene Goodman, a Capitol Police officer who led a mob away from the Senate doors on Jan. 6 as they hunted for lawmakers during the presidential electoral count. https://t.co/jKIHfgHwYd

\\n

— The Associated Press (@AP) February 13, 2021

\\n

\\n

\\n\",\"\\n

Crude oil made its largest jump ($1.49) since Jan 5

\\n

(Last update 1:01pm EST, February 13, 2021)

\\n

\\n

After starting yesterday at $58.24 crude made its largest single-day jump ($1.49) since Jan 5, and and closed at $59.73

\\n

A Visual analysis of the oil's price graph shows crude oil's immediate resistance is around $60.39, nearest support level is at $53.21. In terms of trend indicators, we can see that although up today, worth noting that earlier crude dropped below the 5 day Simple Moving Average when it was trading at $57.78, usually an indication that a negative trend is 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. Momentum evaluation shows The Relative Strength Index indicates crude oil is in strong overbought condition. Asset volatility analysis shows that a slight indication of a slowdown comes from looking at the Bollinger bands: the upper band is at $60.76 – a high enough level to usually suggest crude oil is trading above its value.

\\n

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

\\n

Oil started in 2021 by gaining 18.8%.

\\n

\\n
\\n

The price of oil has broken $60 dollars for the first time in more than a year. But, in a strange twist, as oil rises, so too do the battery metals intended to replace it. @ChowardChoward explains on “Money Talks” https://t.co/ZDd2rwnRkj

\\n

— The Economist (@TheEconomist) February 13, 2021

\\n

\\n

\\n\",\"\\n

Stable day for Euro/Dollar, parking at 1.213

\\n

(Last update 1:01pm EST, February 13, 2021)

\\n

\\n

The Euro yesterday at a glance – EUR/USD slid down from 1.2136 to 1.213, losing 5 pips (0.05%).

\\n

In terms of trend indicators, we can see that at 1.2107, Euro/Dollar 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 1.221, indicating a downward move might be next. In contrast, Euro/Dollar is climbing away and is now 161 pips from the 1.1969 support line.

\\n

Overall, looking at all the technical indicators, it seems the Euro/Dollar might be pointing down in the short term.

\\n

The Euro/Dollar started 2021 by losing 0.67%.

\\n

\\n
\\n

There is an assumption that there is not much the EU can do about Russia. But the bloc forgets its power https://t.co/c4AohRiNQ2

\\n

— The Economist (@TheEconomist) February 13, 2021

\\n

\\n

\\n\",\"\\n

The British Pound rallied beyond 1.3863 for the first time in 2 years

\\n

(Last update 1:11pm EST, February 13, 2021)

\\n

\\n

After starting the day at 1.3818, GBP/USD rallied to 1.3863, hitting its highest point in 2 years, it later lost 17 pips and closed at 1.3845

\\n

The Chart pattern study shows Pound/Dollar immediate resistance is around 1.3855, nearest support level is at 1.3665. In terms of trend indicators, we can see that although up today, worth noting that earlier the pound/dollar dropped below the 3 day Simple Moving Average when it was trading at 1.3765, usually an indication that a negative trend is ahead. Asset volatility analysis shows that the upper Bollinger band is at 1.3895, This is a slight indication of a slowdown. In contrast, The Relative Strength Index indicates the pound/dollar 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 the Pound/Dollar

\\n

The British Pound started in 2021 by gaining 1.07%.

\\n

\\n
\\n

UK reports over 14.5 million people have had first vaccine shot https://t.co/3YvK3vF757 pic.twitter.com/bkN1kCQKzI

\\n

— Reuters (@Reuters) February 13, 2021

\\n

\\n

\\n\",\"\\n

The Yen is up four days in a row, gaining 15 pips, closing at 104.91.

\\n

(Last update 1:11pm EST, February 13, 2021)

\\n

\\n

The Yen yesterday at a glance – After starting yesterday at 104.75 USD/JPY went up to 105.18 only to drop back to the half way point range, closing at 104.91.

\\n

Visual analysis of the Dollar/Yen's price graph shows the Dollar/Yen could be slowing down soon as it is approaching and is only 63 pips away from resistance at 105.54, of course, crossing it might suggest further gains are ahead. Asset volatility analysis shows that the upper Bollinger band is at 105.62, This is a slight indication of a slowdown. In contrast, at 104.92, 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 a reverse of course in the short term might be next for the Dollar/Yen

\\n

The Yen started in 2021 by gaining 1.45%.

\\n

\\n
\\n

Strong quake hits off Japan coast, triggering blackouts https://t.co/c15z7EgnBs pic.twitter.com/2JdLYhYjXM

\\n

— Reuters (@Reuters) February 13, 2021

\\n

\\n

\\n\",\"\\n

The Swiss franc is up 9 pips, trading around 0.8906

\\n

(Last update 1:11pm EST, February 13, 2021)

\\n

\\n

Swiss franc yesterday at a glance – hesitant but green: from an early low of 0.8892, USD/CHF went up to 0.8906 and gained 9 pips compared to the 0.8897 start of the day (0.1%).

\\n

The Chart pattern study shows the nearest resistance level is at 0.9042. In terms of trend indicators, we can see that at 0.8917, Dollar/Swiss 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 0.8852, indicating further gains might be next.

\\n

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

\\n

The Swiss franc started in 2021 by gaining 0.57%.

\\n\",\"\\n

The Aussie/Dollar holds at 0.7759

\\n

(Last update 1:11pm EST, February 13, 2021)

\\n

\\n

The Australian dollar yesterday at a glance – AUD/USD recovered back to 0.7759 after dipping down to 0.7719 in a session that started at 0.7756.

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The Chart pattern study shows the Aussie/Dollar resistance level is at 0.778. In terms of trend indicators, we can see that at 0.7723, Aussie/Dollar made an initial breakout below the 3 day Simple Moving Average, an indication of a negative trend. 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 0.7796, 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 Aussie/Dollar started 2021 by gaining 0.77%.

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Virus update:
• Over 9,000 virus patients sent to NY nursing homes.
• Race to vaccinate seniors advances in many U.S. states.
• Pandemic takes a toll on British funeral directors.
• Australia's Melbourne begins 3rd lockdown.

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Follow all @AP coverage: https://t.co/dRN9v4Y1Yg

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— The Associated Press (@AP) February 12, 2021

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