\\n

\\n\",\"\\n

Facebook slides down to $213.85

\\n

(Last update 9:51am EST, March 23, 2022)

\\n

\\n

Facebook is down to $213.85, after ending yesterday at $216.65. Overall, a 1.29% loss or $2.8 today.

\\n

As the day gets underway a chart visual study suggests the nearest support level is at $186.63. Trend indicators show us 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.

\\n

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

\\n

The company has a market cap of $582 billion Year to date, the social media company has lost 36.97%. So far, it has been doing worse than the Nasdaq by 24.75%.

\\n

\\n
\\n

Apple co-founder Steve Wozniak: 'Of all Big Tech, Facebook is No. 1 that I don't like' (via @CNBCMakeIt) https://t.co/yGbRHextiX

\\n

— CNBC (@CNBC) March 23, 2022

\\n

\\n

\\n\",\"\\n

After six days of going up, Amazon is down 1.06% today

\\n

(Last update 9:51am EST, March 23, 2022)

\\n

\\n

Amazon is down to $3,263, after ending yesterday at $3,297.78. Overall, a 1.06% loss or $34.78 today.

\\n

As the day gets underway a chart visual study suggests Amazon might start to recover soon because it is getting close to its support line— now only $34.64 away at $3,228.27. Dipping below could be an indication that further losses are ahead. Trend indicators show us 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. In contrast, Amazon's upper Bollinger band at $3,338, indicating a further downward move might be next.

\\n

Overall, looking at the technical analysis landscape – although indicators are mixed and some are pointing in different directions it seems Amazon might reverse course and start pointing upward in the short term.

\\n

Amazon's market cap currently stands at $1.66 trillion Jeff Bezos’s company decreased by 5.13% this year. It has been beating the Nasdaq by 7.09%.

\\n

\\n
\\n

Amazon is facing union elections at separate warehouses in New York City, a union-friendly area that has challenged the e-commerce giant in the past https://t.co/9yoAsZHxdJ

\\n

— The Wall Street Journal (@WSJ) March 23, 2022

\\n

\\n

\\n\",\"\\n

Microsoft drops to $298.27

\\n

(Last update 9:41am EST, March 23, 2022)

\\n

\\n

Microsoft is down to $298.27, after ending yesterday at $304.06. Overall, a 1.9% loss or $5.79 today.

\\n

Trend indicators show us that the MACD line is significantly above the MACD signal line, meaning the medium-term trend might turn negative.

\\n

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

\\n

Microsoft has a market cap of $2.24 trillion the iconic OS developer decreased by 10.48% this year. So far, it has been outperforming the Nasdaq​ by 1.74%.

\\n

\\n
\\n

Stocks Edge Lower, Powell On Deck, GameStop, Adobe and Hackers Hit Microsoft – 5 Things You Must Knowhttps://t.co/gGova6gMCu@mdbaccardax$GME $MSFT $ADBE

\\n

— TheStreet (@TheStreet) March 23, 2022

\\n

\\n

\\n\",\"\\n

Google descends to $2,781.52

\\n

(Last update 9:41am EST, March 23, 2022)

\\n

\\n

Google is down to $2,781.52, after ending yesterday at $2,805.55. Overall, a 0.86% loss or $24.03 today.

\\n

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. According to asset volatility analysis, Google's upper Bollinger band at $2,810.81, indicating a further downward move might be next.

\\n

Overall, while Google has been on an uptrend, technical indicators suggest that it has no obvious direction for the immediate future.

\\n

Google is currently trading with a market cap of $1.84 trillion the leading search engine company decreased by 5.77% this year. So far, it has been better than the Nasdaq by 6.45%.

\\n\",\"\\n

A slow down? After six days of going up, Tesla is flat today, hovering around $991.17.

\\n

(Last update 9:41am EST, March 23, 2022)

\\n

\\n

Tesla trades at $991.17, after ending yesterday at $994.

\\n

Trend indicators show us 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. According to asset volatility analysis, Tesla's upper Bollinger band is at $973.89, indicating a downward move might be next.

\\n

All in all, while Tesla has been going up, technical indicators suggest flatness for the immediate future.

\\n

Tesla's market cap currently stands at $1 trillion Elon Musk's electric cars company has lost 21.89% this year. So far, it has been doing worse than the Nasdaq by 9.67%.

\\n\",\"\\n

After six days of going up, Zoom is down 2.95% today, indicating that the rally may be coming to an end

\\n

(Last update 9:41am EST, March 23, 2022)

\\n

\\n

Zoom is down to $116.27, after ending yesterday at $119.8. Overall, a 2.95% loss or $3.53 today.

\\n

The company has a market cap of $34.78 billion Year to date, the video communications platform provider has lost 36%. So far, it has been doing worse than the Nasdaq by 23.78%.

\\n\",\"\\n

Netflix goes down to $379.37

\\n

(Last update 9:41am EST, March 23, 2022)

\\n

\\n

Netflix is down to $379.37, after ending yesterday at $382.92. Overall, a 0.93% loss or $3.55 today.

\\n

Netflix's market cap is currently $168.43 billion the streaming company has lost 36.78% this year. So far, it has been under-performing the Nasdaq​ by 24.56%.

\\n\",\"\\n

Walmart decreases to $143.8

\\n

(Last update 9:31am EST, March 23, 2022)

\\n

\\n

Walmart is down to $143.8, after ending yesterday at $144.23. Overall, a 0.3% loss or 43 cents today.

\\n

Walmart is currently trading with a market cap of $395.71 billion the discount department and warehouse stores chain has lost 0.29% this year. So far, it has been better than the Dow by 4.85%.

\\n\",\"\\n

Procter & Gamble moves up to $151.88

\\n

(Last update 9:31am EST, March 23, 2022)

\\n

\\n

After closing the previous trading day at $150.72, Procter & Gamble is up to $151.88, which makes for a move of 0.77%/$1.16 today.

\\n

Procter & Gamble's market cap is currently $364 billion the consumer goods corporation decreased by 7.48% this year. So far, it has been under-performing the Dow​ by 2.34%.

\\n\",\"\\n

Walt Disney increases 1.07% to $140.11

\\n

(Last update 9:31am EST, March 23, 2022)

\\n

\\n

Walt Disney is up to $140.11 today, which makes for a move of 1.07%/$1.49.

\\n

Walt Disney's market cap is currently $255 billion the entertainment and content production company has lost 11.57% this year. So far, it has been doing worse than the Dow by 6.43%.

\\n\",\"\\n

Coca-Cola is up five days in a row, gaining 0.36% to $60.8.

\\n

(Last update 9:31am EST, March 23, 2022)

\\n

\\n

After closing the previous trading day at $60.58, Coca-Cola is up to $60.8, which makes for a move of 0.36%/22 cents today.

\\n

The company has a market cap of $263.60 billion the soft drink company gained 2.16% this year. So far, it has been outperforming the Dow​ by 7.3%.

\\n\",\"\\n

Pfizer drops to $53.04

\\n

(Last update 9:31am EST, March 23, 2022)

\\n

\\n

Pfizer is down to $53.04, after ending yesterday at $54.19. Overall, a 2.12% loss or $1.15 today.

\\n

Pfizer's market cap is currently $299.56 billion the pharmaceuticals and biotechnology company decreased by 4.34% this year. So far, it has been outperforming the Dow​ by 0.8%.

\\n\",\"\\n

McDonald's decreases to $237.15

\\n

(Last update 10:06am EST, March 23, 2022)

\\n

\\n

McDonald's is down to $237.15, after ending yesterday at $238.12. Overall, a 0.41% loss or 97 cents today.

\\n

As the day gets underway a chart visual study suggests next closest resistance is at $262.28, while the nearest support level is at $222.

\\n

McDonald's's market cap is currently $176.34 billion the fast food company decreased by 12.26% this year. So far, it has been doing worse than the Dow Jones by 7.15%.

\\n\",\"\\n

Bitcoin is down by 0.78%, trading at $42,049

\\n

(Last update 10:06am EST, March 23, 2022)

\\n

\\n

Bitcoin drops from $42,378 to $42,049, losing $328.9 (0.78%) today.

\\n

Bitcoin's graph levels to watch: next closest resistance is at $44,300, while the nearest support level is at $37,100. Analysis based on the asset volatility indicates that Bitcoin's upper Bollinger band at $43,035, indicating a further downward move might be next.

\\n

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

\\n

Bitcoin has a market cap of 798.57 billion Bitcoin has lost 11.09% so far this year.

\\n

\\n
\\n

Bitcoin futures prices may be pointing to gains ahead https://t.co/jiThXUHD1P

\\n

— Bloomberg Markets (@markets) March 23, 2022

\\n

\\n

\\n\",\"\\n

CME Gold moves up to $1,934.6 per ounce (a 0.68% gain)

\\n

(Last update 10:06am EST, March 23, 2022)

\\n

\\n

Chicago Gold posts light gains on a low-volatility day, ranging between $1,935 and $1,915.6 and is now at $1,934.6 per ounce.

\\n

A chart visual study suggests the nearest resistance level is at $2,058.3. Trend indicators show us that at $1,930, Gold made an initial breakout above 5 day Simple Moving Average, an indication of a positive trend.

\\n

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

\\n

CME Gold increased this year (2022), gaining 6.67%.

\\n\",\"\\n

Chicago Oil surges to $115.65 per barrel up $5.65

\\n

(Last update 10:06am EST, March 23, 2022)

\\n

\\n

Chicago Oil trades at $115.65 per barrel after gaining $5.65 (5.13%).

\\n

Important graph levels to look out for: the nearest resistance level is at $124.77. In terms of trend indicators, we can see that 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.

\\n

Examining the technical analysis landscape, U.S. Oil might continue its downtrend in the short term.

\\n

U.S. Oil has increased 47.27% this year.

\\n

\\n
\\n

EXCLUSIVE Dutch bank ING ends financing for new oil and gas projects https://t.co/iNCxX4frhT pic.twitter.com/DFbvS2JMaf

\\n

— Reuters (@Reuters) March 23, 2022

\\n

\\n

\\n\",\"\\n

The Euro ended the previous session at 1.1028, currently trades at 1.0971

\\n

(Last update 10:06am EST, March 23, 2022)

\\n

\\n

Late into the session, the Euro loses 57 pips (0.52%), currently trading at 1.0971.

\\n

Important graph levels to look out for: the Euro's nearest support level is at 1.0847. In terms of trend indicators, we can see that at 1.1006, Euro/Dollar made an initial breakout below the 21 day Simple Moving Average, an indication of a negative trend. Japanese Candlestick formations detected today show that "morning star”, whenever it appears on top of a bullish overall trend, some traders would consider this an indication of a trend reversal.

\\n

All in all, the technical analysis suggests Euro/Dollar has no clear-cut direction.

\\n

Euro/Dollar has lost 2.93% so far this year.

\\n\",\"\\n

The Pound ended the previous session at 1.3264, currently trades at 1.3196

\\n

(Last update 10:11am EST, March 23, 2022)

\\n

\\n

Late into the session, GBP/USD loses 67 pips (0.51%), currently trading at 1.3196.

\\n

Visual analysis of the British Pound's price graph shows the Pound's nearest support level is at 1.3004. Trend indicators show us that at 1.3183, the Pound 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 the Pound is likely to continue pointing down in the short term.

\\n

Pound/Dollar has lost 1.92% so far this year.

\\n\",\"\\n

Dollar/Yen erases gains after it rallies beyond 121.42 for the first time in 6 years, trading at 120.68

\\n

(Last update 10:11am EST, March 23, 2022)

\\n

\\n

After hitting its highest point in 6 years at 121.42, Dollar/Yen dropped by 73 pips and is now trading at 120.68.

\\n

A chart visual study suggests the nearest support level is at 114.66. Trend indicators show us that the MACD line is significantly above the MACD signal line, 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. According to momentum evaluation, the Relative Strength Index indicates Dollar/Yen is in a strong overbought condition. Asset volatility analysis shows that Dollar/Yen's upper Bollinger band at 121.23, indicating a further downward move might be next.

\\n

Overall, while Dollar/Yen has been on an uptrend, technical indicators suggest that it has no obvious direction for the immediate future.

\\n

Dollar/Yen has increased 5% this year.

\\n

\\n
\\n

ForexLive Asia FX news wrap: USD/JPY above 121.00https://t.co/bfb3W0IdDZ

\\n

— ForexLive (@ForexLive) March 23, 2022

\\n

\\n

\\n\",\"\\n

Dollar/Swiss hovers around 0.9339

\\n

(Last update 10:11am EST, March 23, 2022)

\\n

\\n

Hesitant but green: from an earlier low of 0.9323, Dollar/Swiss is up to 0.9339 today, gaining 6 pips compared to the 0.9332 at the end of yesterday's session (0.07%).

\\n

Important graph levels to look out for: Dollar/Swiss could be slowing down soon; it is getting close to the resistance line and is now at 0.9415, only 76 pips away. Crossing the resistance line could, however, suggest that further gains are ahead. Trend indicators show us that at 0.935, Dollar/Swiss made an initial breakout above 5 day Simple Moving Average, an indication of a positive trend.

\\n

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

\\n

Dollar/Swiss has increased 2.33% this year.

\\n\",\"\\n

Steady Aussie/Dollar holds at 0.7471

\\n

(Last update 10:11am EST, March 23, 2022)

\\n

\\n

Currently light green but with no clear-cut direction, Aussie/Dollar is trading at 0.7471 after ranging between 0.7482 and 0.745 today.

\\n

Chart pattern study shows the Australian dollar's immediate resistance is around 0.7473 and its nearest support level is at 0.7372. Trend indicators show us 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. Analysis based on the asset volatility indicates that a slight indication of a slowdown comes from looking at the Bollinger bands: the upper band is at 0.7485 – a high enough level to usually suggest Aussie/Dollar is trading above its value.

\\n

All in all, while the Australian dollar has been going up, technical indicators suggest flatness for the immediate future.

\\n

Aussie/Dollar has gained 2.93% this year.

\\n\\n\"],\"title\":\"Financial Markets Review – 23 March 2022 – 10:11:23\",\"date\":\"2022-03-23T14:11:23\"}"; var omg_ads = JSON.parse(decodeHtml(omg_ads_string)); } catch (e) { var omg_ads = JSON.parse(omg_ads_string); }