\\n

\\n\",\"\\n

The Dow is up 65.49 points, trading around 31,588.24

\\n

(Last update 2:12pm EST, February 17, 2021)

\\n

\\n

Light green, mostly flat: Dow Jones ranges between 31,601 and 31,338.76 and is now at 31,588.24.

\\n

The Chart visual study suggests Dow Jones immediate resistance is around 31,606.43, nearest support level is at 31,188.38. In terms of trend indicators, we can see that the MACD line is above the MACD signal line significantly, meaning the medium-term trend might turn negative. Asset volatility analysis shows that a slight indication of a slowdown comes from looking at the Bollinger bands: the upper band is at 31,910.41 – a high enough level to usually suggest the Dow is trading above its value. In contrast, at 31,445, the Dow made an initial breakout above the 5 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 Dow

\\n

The Dow started 2021 by gaining 2.91%.

\\n

\\n
\\n

MARKET ALERT: Dow Falls 100 Points https://t.co/tX1jRKlU0d pic.twitter.com/dNlRfViceI

\\n

— Forbes (@Forbes) February 17, 2021

\\n

\\n

\\n\",\"\\n

Steady S&P 500 parks at 3,927

\\n

(Last update 2:12pm EST, February 17, 2021)

\\n

\\n

The S&P 500 remains in the 3,927 range after starting the session at 3,932.59 and dropping 5.59 points.

\\n

Visual analysis of the S&P's price graph shows S&P is climbing away and is now 71.76 points from the 3,855.36 support line. In terms of trend indicators, we can see that at 3,921, S&P 500 made an initial breakout above the 5 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. Asset volatility analysis shows that the upper Bollinger band is at 3,980.24, indicating a downward move might be next.

\\n

Overall, the technical analysis picture suggests S&P is neutral for the immediate future, with no clear-cut direction.

\\n

The S&P started 2021 by gaining 4.49%.

\\n\",\"\\n

Apple went down to $130.64 (down 1.92%) after starting the day at $133.19

\\n

(Last update 2:12pm EST, February 17, 2021)

\\n

\\n

Apple drops 1.92% early on and steadies at the $130.64 range.

\\n

Visual analysis of the Apple's price graph shows although Apple is down today and was as low as $129.47, it seems to be recovering slightly and climbing away from the $126.6 support line and is now $4.04 above it. In terms of trend indicators, we can see that at $131.43, Apple made an initial breakout below the 50 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. 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 a slight indication of recovery comes from looking at the Bollinger bands: the lower band is at $129.63 – a low enough level to usually suggest Apple is trading below its value.

\\n

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

\\n

With a market cap of $2.19 trillion Apple started 2021 by gaining 0.38%. So far this year it is under-performing the S&P by 4.11%.

\\n

\\n
\\n

Apple’s self-driving car team lost one of its longest-serving leaders https://t.co/qX8zpVdSQA

\\n

— Bloomberg (@business) February 17, 2021

\\n

\\n

\\n\",\"\\n

Facebook edged to $273.06 (down 0.33%) after starting the day at $273.97

\\n

(Last update 2:12pm EST, February 17, 2021)

\\n

\\n

Facebook recovered back almost all the way to $273.97 after dipping down to $269.58.

\\n

A Visual analysis of Facebook's price graph shows the nearest support level is at $245.64 while the closest resistance is at $282.05. In terms of trend indicators, we can see that at $269.8, Facebook made an initial breakout below the 50 day Simple Moving Average, an indication of a negative trend. Asset volatility analysis shows that the upper Bollinger band is at $280.47, indicating a further downward move might be next.

\\n

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

\\n

With a market cap of $777.58 billion Facebook started in 2021 by gaining 0.27%. So far this year it is under-performing the S&P by 4.22%.

\\n

\\n
\\n

Facebook restricts publishers, users in Australia from sharing news content https://t.co/RuihR1utTn pic.twitter.com/Qj0qHozHWF

\\n

— Yahoo Finance (@YahooFinance) February 17, 2021

\\n

\\n

\\n\",\"\\n

Amazon was up 1.47%, trading around $3,317

\\n

(Last update 2:12pm EST, February 17, 2021)

\\n

\\n

Hesitant but green: from an earlier low of $3,259.5, Amazon is up to $3,317 gaining $48 compared to the $3,269 start of the day (1.47%).

\\n

Visual analysis of Amazon's price graph shows Amazon could be slowing down soon because it is getting close and is now only $9.24 from the resistance line at $3,326, yet crossing it might suggest further gains are ahead. Asset volatility analysis shows that the upper Bollinger band is at $3,383.81, This is a slight indication of a slowdown. In contrast, at $3,277.43, Amazon 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 a reverse of course in the short term might be next for Amazon.

\\n

With a market cap of $1.67 trillion Amazon has started 2021 by gaining 0.37%. So far this year it is under-performing the S&P by 4.12%.

\\n

\\n
\\n

About 35 of the over 400,000 sellers on Amazon’s India platform in early 2019 accounted for two-thirds of its online sales, documents show. Smaller traders, a key political constituency in India, accuse Amazon of favoring big sellers https://t.co/yWaCXRRNoC pic.twitter.com/VPOsusQce1

\\n

— Reuters Business (@ReutersBiz) February 17, 2021

\\n

\\n

\\n\",\"\\n

Stable day for Microsoft, trading around $243.65

\\n

(Last update 3:26pm EST, February 17, 2021)

\\n

\\n

Microsoft recovered back to $243.65 after dipping down to $240.94 in a session that started at $243.14.

\\n

The Chart visual study suggests Microsoft's nearest support level is at $212.25. In terms of trend indicators, we can see that 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 $245.78, indicating a downward move might be next. In contrast, at $242.9, Microsoft 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 Microsoft might be pointing down in the short term.

\\n

With a market cap of $1.84 trillion Microsoft has started 2021 by gaining 8.75%. So far this year it is outperforming the Dow by 5.84%.

\\n

\\n
\\n

Microsoft's Teams app hit by possible networking glitch https://t.co/8hPs9fEmhe pic.twitter.com/t7XciUQzJQ

\\n

— Reuters (@Reuters) February 17, 2021

\\n

\\n

\\n\",\"\\n

A slow down? After four days of going up, Google is flat today, hovering around $2,126.62

\\n

(Last update 3:26pm EST, February 17, 2021)

\\n

\\n

A mostly flat day so far for Alphabet, ranging between $2,133.66 and $2,099 and is now at $2,126.62.

\\n

A Visual analysis of Google's price graph shows Google's nearest support level is at $1,917.24. 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 start pointing upward in the short term.

\\n

With a market cap of $1.43 trillion Google has started 2021 by gaining 17.44%. So far this year it is outperforming the S&P by 12.95%.

\\n

\\n
\\n

News Corp signs news partnership deal with Google https://t.co/eBz3jIAGrw pic.twitter.com/3YuMiSPkmS

\\n

— Reuters (@Reuters) February 17, 2021

\\n

\\n

\\n\",\"\\n

Tesla was steady at $796.66, no significant movement.

\\n

(Last update 3:26pm EST, February 17, 2021)

\\n

\\n

Tesla is trading at $796.66 having started the day at $779.09, overall a 0.06% move or 43 cents today. Trading volume is at 23.42 million, above the 21 day avarage of 21.32 million.

\\n

Visual analysis of the Tesla's price graph shows Tesla's resistance level is at $883.09. 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 Tesla is in strong oversold condition. In contrast, The lower Bollinger band is at $779.14, indicating a positive move might be next.

\\n

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

\\n

With a market cap of $764.68 billion Tesla started 2021 by gaining 11.37%. So far this year it is outperforming the Nasdaq by 3.12%.

\\n

\\n
\\n

Coinbase Global, the biggest U.S.-based cryptocurrency exchange, helped Tesla ( $TSLA ) in its $1.5 billion purchase of #Bitcoin. https://t.co/uhBQVRgLmp

\\n

— TheStreet (@TheStreet) February 17, 2021

\\n

\\n

\\n\",\"\\n

Trend reversal? After five days of going up, Zoom is down 4.34% today

\\n

(Last update 3:26pm EST, February 17, 2021)

\\n

\\n

Zoom drops 4.34% early on and steadies at the $425.2 range.

\\n

The Chart pattern study shows the nearest support level is at $337.32. In terms of trend indicators, we can see that, although down today, worth noting that at $434.28 Zoom did peak above the 5 day Simple Moving Average earlier, usually an indication that a positive move is maybe ahead. 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, technical indicators suggest Zoom has no obvious direction for the immediate future.

\\n

With a market cap of $124.11 billion Zoom started in 2021 by gaining 24.11%. So far this year it is outperforming the Nasdaq by 15.86%.

\\n\",\"\\n

Netflix edges to $550.12 as the session draws to a close

\\n

(Last update 3:26pm EST, February 17, 2021)

\\n

\\n

Netflix weakened earlier in the trading session before moving off the $543.03 low and recovering almost back to $557.28.

\\n

A Visual analysis of Netflix's price graph shows the nearest support level is at $494.25 while the closest resistance is at $586.34. In terms of trend indicators, we can see that at $548.36, Netflix made an initial breakout below the 21 day Simple Moving Average, an indication of a negative trend. Momentum evaluation shows the Relative Strength Index is holding below 70, This means it is in overbought conditions and indicates possible moderate gains or a downward correction is a head. Asset volatility analysis shows that the upper Bollinger band is at $565.72, indicating a further downward move might be next.

\\n

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

\\n

With a market cap of $243.65 billion Netflix started in 2021 by gaining 2.97%. So far this year it is under-performing the S&P 500 by 1.52%.

\\n\",\"\\n

Walmart gained 0.65% ahead of the quarterly earnings report set for tomorrow

\\n

(Last update 3:21pm EST, February 17, 2021)

\\n

\\n

Currently light green but with no clear-cut direction, Walmart is trading at $146.6 after ranging today between $146.73 and $144.5.

\\n

Walmart is scheduled to announce earnings results tomorrow. The consensus EPS estimate is 1.51 and the consensus revenue estimate is $147.98 billion.

\\n

Chart visual study suggest Walmart could be slowing down soon because it is getting close and is now only $2.37 from the resistance line at $148.97, yet crossing it might suggest further gains are ahead. In terms of trend indicators, we can see that although up today, worth noting that earlier Walmart dropped below the 50 day Simple Moving Average when it was traded at $145.36, usually an indication that a negative trend is ahead. Asset volatility analysis shows that a slight indication of a slowdown comes from looking at the Bollinger bands: the upper band is at $147.61 – a high enough level to usually suggest Walmart is trading above its value. On the other hand, note that the Relative Strength Index indicates Walmart is in strong overbought condition.

\\n

Overall, looking at the technical analysis landscape, it seems a reverse of course in the short term might be next for Walmart.

\\n

With a market cap of $414.77 billion Walmart started 2021 by gaining 1.04%. So far this year it is under-performing the Dow Jones by 1.87%.

\\n\",\"\\n

After starting the day at $127.92, Procter & Gamble moved up to $128.62 (up 0.55%)

\\n

(Last update 3:21pm EST, February 17, 2021)

\\n

\\n

After starting the day at $127.92 Procter & Gamble went up to $129.49 only to drop back to the half way point range and is now trading at $128.62.

\\n

Visual analysis of the Procter & Gamble's price graph shows the nearest resistance level is at $133.09, followed by $136.34 at the next level. In terms of trend indicators, we can see that at $128.63, Procter & Gamble made an initial breakout above the 10 day Simple Moving Average, an indication of a positive trend. Asset volatility analysis shows that the upper Bollinger band is at $129.71, This is a slight indication of a slowdown.

\\n

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

\\n

With a market cap of $316.72 billion Procter & Gamble started 2021 by losing 8.77%. So far this year it is under-performing the Dow Jones by 11.68%.

\\n\",\"\\n

Walt Disney was up 0.19%, trading around $186.69

\\n

(Last update 3:21pm EST, February 17, 2021)

\\n

\\n

Walt Disney is recovering back to its previous close at $186.35 after dipping down to $182.21.

\\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 $2.94.

\\n

Visual analysis of the Walt Disney's price graph shows Walt Disney's immediate resistance is around $188.24, nearest support level is at $163.03. In terms of trend indicators, we can see that although up today, worth noting that earlier Walt Disney dropped below the 10 day Simple Moving Average when it was traded at $184.76, usually an indication that a negative trend is ahead.

\\n

Overall, looking at the technical analysis landscape, it seems Walt Disney is likely to reverse course and start pointing down in the short term.

\\n

With a market cap of $338.90 billion Walt Disney started 2021 by gaining 2.77%. So far this year it is under-performing the Dow by 0.14%.

\\n\",\"\\n

Stable day for Coca-Cola, parking at $50.29

\\n

(Last update 3:21pm EST, February 17, 2021)

\\n

\\n

The Coca-Cola price varies between $49.88 and $50.48 and settles at $50.29.

\\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 $50.11, Coca-Cola made an initial breakout above the 5 day Simple Moving Average, an indication of a positive trend. Asset volatility analysis shows that the upper Bollinger band is at $50.94, indicating a downward move might be next.

\\n

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

\\n

With a market cap of $216.35 billion Coca-Cola started 2021 by losing 9.09%. So far this year it is under-performing the Dow by 12%.

\\n\",\"\\n

After starting the day at $34.69, Pfizer crawled to $34.88 (up 0.53%)

\\n

(Last update 3:21pm EST, February 17, 2021)

\\n

\\n

Currently light green but with no clear-cut direction, Pfizer is trading at $34.88 after ranging today between $35 and $34.47.

\\n

The chart pattern study shows the 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 $34.8, Pfizer made an initial breakout above the 10 day Simple Moving Average, an indication of a positive trend. Asset volatility analysis shows that the upper Bollinger band is at $35.11, This is a slight indication of a slowdown.

\\n

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

\\n

With a market cap of $193.85 billion Pfizer started 2021 by losing 6.11%. So far this year it is under-performing the Dow by 9%.

\\n

\\n
\\n

Very good vaccine data:

\\n

A study in Israel finds Pfizer's vaccine to be >95% effective.

\\n

0.1% of 602k vaccinated people tested positive compared to 3.9% of 528k unvaccinated people over same period.

\\n

Only 7 serious cases out of 602k vaccinated people.

\\n

via @ariehkovler

\\n

— Coronavirus good news (@Coronavirusgoo1) February 17, 2021

\\n

\\n

\\n\",\"\\n

McDonald's drifts to $214 as the session draws to a close

\\n

(Last update 3:06pm EST, February 17, 2021)

\\n

\\n

McDonald's drops 0.48% early on and steadies at the $214 range.

\\n

The Chart visual study suggests the nearest support level is at $206.82 while the closest resistance is at $215.87.

\\n

With a market cap of $159.45 billion McDonald's started 2021 by gaining 0.21%. So far this year it is under-performing the Dow by 2.7%.

\\n\",\"\\n

Bitcoin hits fresh record high at $52,200

\\n

(Last update 3:06pm EST, February 17, 2021)

\\n

\\n

After opening at $51,140, Bitcoin reached a record high of $52,200. Later, it lost $100 and is now trading at $52,100.

\\n

Momentum evaluation shows The Relative Strength Index indicates Bitcoin is in overbought condition.

\\n

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

\\n

With a market cap of 970.69 billion

\\n

\\n
\\n

Bitcoin surged above the $51,000 level for the first time ever today.

\\n

Major investment banks appear to be warming to bitcoin, while Tesla and other firms have also shown support for the cryptocurrency. https://t.co/pog44WtVXG pic.twitter.com/lezP7DfdzF

\\n

— The News with Shepard Smith (@thenewsoncnbc) February 17, 2021

\\n

\\n

\\n\",\"\\n

Gold hit $1,768, its lowest rate in 2 months.

\\n

(Last update 3:06pm EST, February 17, 2021)

\\n

\\n

After starting the day at 1,799, Gold dropped to $1,768, hitting its lowest point in 2 months, It later recovered to $4.8 and is now trading at $1,772.8

\\n

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 Gold has just crossed the lower Bollinger band at $1,782.81, indicating further loses might be next

\\n

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

\\n

Gold started 2021 by losing 5.33%.

\\n

\\n
\\n

A heavy-duty N95 mask is the gold standard for protection from the coronavirus. But a year into the pandemic, buying one online remains challenging. Here’s how to spot fraudulent listings and fake reviews. https://t.co/WmdNOOphv1

\\n

— NYT Business (@nytimesbusiness) February 17, 2021

\\n

\\n

\\n\",\"\\n

The New year year high for oil is at $61.28

\\n

(Last update 3:06pm EST, February 17, 2021)

\\n

\\n

Starting the session at $60.05, crude rallied above $61.28 for the first time in 1 year, gaining $1.1, and is now trading at $61.15.

\\n

A Visual analysis of the Oil's price graph shows crude oil broke through the $60.8 resistance and climbed 35 cents above it. In terms of trend indicators, we can see that although up today, worth noting that earlier crude oil dropped below the 5 day Simple Moving Average when it was trading at $59.76, 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 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 $62.62 – a high enough level to usually suggest Crude is trading above its value.

\\n

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

\\n

Crude started in 2021 by gaining 19.2%.

\\n

\\n
\\n

I don't think it's sunk in with people that a third of all US oil output is now offline https://t.co/MFqNK1AIGe pic.twitter.com/jMsuzYlhee

\\n

— Joe Weisenthal (@TheStalwart) February 17, 2021

\\n

\\n

\\n\",\"\\n

The Euro/Dollar retreated to 1.2041 after starting the day at 1.2108 (down 0.55%)

\\n

(Last update 3:06pm EST, February 17, 2021)

\\n

\\n

EUR/USD is dark red after losing 67 pips, tumbling down to 1.2041.

\\n

The Chart pattern study shows the Euro might start to recover soon because it is getting closer and is now only 72 pips from the support line at 1.1969, 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 1.1998 – a low enough level to usually suggest the Euro is trading below its value. In contrast, at 1.2081, Euro/Dollar made an initial breakout below the 10 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 Euro/Dollar might reverse course and start pointing upward in the short term.

\\n

The Euro/Dollar started 2021 by losing 0.73%.

\\n

\\n
\\n

‘Slash and burn’ of EU rules ruled out post-Brexit https://t.co/E54MkjNSVs

\\n

— Financial Times (@FT) February 17, 2021

\\n

\\n

\\n\",\"\\n

The Pound/Dollar nudged to 1.3859 (down 43 pips) after starting the day at 1.3902

\\n

(Last update 3:11pm EST, February 17, 2021)

\\n

\\n

GBP/USD is dark red after losing 43 pips, tumbling down to 1.3859.

\\n

Visual analysis of the The British Pound's price graph shows the British Pound's nearest support level is at 1.3582, followed by 1.3454 at the next level. In terms of trend indicators, we can see that at 1.3844, pound/dollar made an initial breakout below the 5 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 1.3953, indicating a further downward move might be next.

\\n

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

\\n

The British Pound started in 2021 by gaining 1.73%.

\\n

\\n
\\n

Coronavirus update: Biden administration increases vaccine doses to states; UK approves first human challenge trial https://t.co/IdDlvLZLiL by @AnjKhem pic.twitter.com/1YEGH2V67L

\\n

— Yahoo Finance (@YahooFinance) February 17, 2021

\\n

\\n

\\n\",\"\\n

The Dollar/Yen goes back up to September 2020 levels, reaching 106.22

\\n

(Last update 3:11pm EST, February 17, 2021)

\\n

\\n

After opening at 106.08, USD/JPY reached 106.22, breaking a 5 month record. Later, it lost 32 pips and is now trading at 105.9.

\\n

A Visual analysis of the Yen's price graph shows the Yen's nearest support level is at 104.55, followed by 103.49 at the next level. 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 106.03, indicating a further downward move might be next. However, 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 yen

\\n

The Yen started in 2021 by gaining 2%.

\\n\",\"\\n

The Dollar/Swiss made its largest single-day jump (63 pips) since November 2020

\\n

(Last update 3:11pm EST, February 17, 2021)

\\n

\\n

Starting at 0.8924 USD/CHF trading at 0.8988 after making its biggest single-day jump (63 pips) since November 2020

\\n

Visual analysis of the Swiss franc's price graph shows Dollar/Swiss could be slowing down soon because it is getting close and is now only 53 pips from the resistance line at 0.9042, yet crossing it might suggest further gains are ahead. In terms of trend indicators, we can see that at 0.8953, Dollar/Swiss made an initial breakout above the 10 day Simple Moving Average, an indication of a positive trend. Momentum evaluation shows the Relative Strength Index is holding below 30, This means it is in oversold condition and indicates possible room for more gains. Asset volatility analysis shows that the upper Bollinger band is at 0.9042, This is a slight indication of a slowdown.

\\n

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

\\n

Dollar/Swiss started in 2021 by gaining 0.62%.

\\n\",\"\\n

The Aussie/Dollar holds at 0.7749

\\n

(Last update 3:11pm EST, February 17, 2021)

\\n

\\n

AUD/USD recovered back to 0.7749 after dipping down to 0.7726 in a session that started at 0.7752.

\\n

The Chart visual study suggests the Aussie/Dollar nearest support level is at 0.76. In terms of trend indicators, we can see that at 0.7738, Aussie/Dollar made an initial breakout above the 5 day Simple Moving Average, an indication of a positive 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.

\\n

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

\\n

The Australian dollar started in 2021 by gaining 1.14%.

\\n

\\n
\\n

JUST IN: Facebook to restrict people in Australia from sharing or reading news content, amid new government media bill that would have required the company to pay Australian news publishers.

\\n

— The Spectator Index (@spectatorindex) February 17, 2021

\\n

\\n

\\n\\n\"],\"title\":\"Financial Markets Review – 17 February 2021 – 16:11:55\",\"date\":\"2021-02-17T21:11:55\"}"; var omg_ads = JSON.parse(decodeHtml(omg_ads_string)); } catch (e) { var omg_ads = JSON.parse(omg_ads_string); }