\\n

\\n\",\"\\n

The Dow hits fresh record high at 31,647.53

\\n

(Last update 5:31pm EST, February 19, 2021)

\\n

\\n

After opening at 31,493.34, Dow Jones reached a record high of 31,647.53. Later, it lost 153.21 points and closed at 31,494.32.

\\n

In terms of trend indicators, we can see that at 31,503.64, the Dow 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 31,988, indicating a downward move might be next. Japanese Candlesticks formations detected today are the "Bearish harami”, Whenever it appears on top of a bullish overall trend, some traders would consider this as an indication of a reversal, of course. On the other hand, note that the Dow might start to recover soon because it is getting close and is now only 305.94 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 the Dow might be pointing down in the short term.

\\n

The Dow Jones started 2021 by gaining 2.82%.

\\n

\\n
\\n

Stocks came under pressure Friday afternoon, reversing early gains, leading the S&P and Nasdaq down further to round out the week.
The Dow was flat.
The S&P 500 was down 0.2%.
The Nasdaq was up 0.07%. https://t.co/qa4lDUZZDv pic.twitter.com/eztIWkyrWf

\\n

— CNBC (@CNBC) February 19, 2021

\\n

\\n

\\n\",\"\\n

The S&P 500 will open at 3,906.71 after four straight days of drops.

\\n

(Last update 5:31pm EST, February 19, 2021)

\\n

\\n

The S&P 500 today at a glance – light red but with no obvious direction, S&P 500 traded at 3,906.71 after ranging between 3,930.41 and 3,903.

\\n

The Chart pattern study shows the S&P might start to recover soon because it is getting closer and is now only 51.35 points from the support line at 3,855.36, Obviously, dipping below it could be an indication that further losses are ahead. In terms of trend indicators, we can see that at 3,912.44, S&P 500 made an initial breakout below the 10 day Simple Moving Average, an indication of a negative trend.

\\n

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

\\n

The S&P 500 started 2021 by gaining 4.03%.

\\n\",\"\\n

After three days of going down, Apple was flat today, closing at $129.87

\\n

(Last update 5:32pm EST, February 19, 2021)

\\n

\\n

Apple today at a glance – Apple recovered back to $129.87 after dipping down to $128.8 in a session that started at $129.71. Trading volume was 84.16 million, below the daily average of 95.12 million.

\\n

Visual analysis of the Apple's price graph shows Apple might start to recover soon because it is getting close and is now only $3.27 from the support line at $126.6, Obviously, dipping below it could be an indication that further losses are ahead. In terms of trend indicators, we can see that 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. Momentum evaluation shows The Relative Strength Index indicates Apple is in oversold condition, allowing more gains. Asset volatility analysis shows that the lower Bollinger band is at $128.23, indicating a positive move might be next.

\\n

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

\\n

With a market cap of $2.18 trillion Apple started 2021 by losing 2.3%. So far this year it is under-performing the S&P by 6.33%.

\\n

\\n
\\n

As Apple, Facebook, Amazon and other private companies play larger roles in OpenStreetMap, some volunteers worry about the open-source project’s future https://t.co/k4V9v6aS9M via @citylab

\\n

— Bloomberg (@business) February 19, 2021

\\n

\\n

\\n\",\"\\n

Facebook is trading around $261.56 after losing 2.91% today.

\\n

(Last update 5:31pm EST, February 19, 2021)

\\n

\\n

Facebook today at a glance – Facebook remained in the $261.56 range after starting the session at $269.39 and dropping 2.91%. Trading volume was 23.69 million, above the daily average of 18.40 million.

\\n

The Chart pattern study 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 medium-term trend indications have 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. Asset volatility analysis shows that a slight indication of recovery comes from looking at the Bollinger bands: the lower band is at $259.41 – a low enough level to usually suggest Facebook is trading below its value.

\\n

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

\\n

With a market cap of $744.84 billion Facebook started 2021 by losing 1.4%. So far this year it is under-performing the S&P 500 by 5.43%.

\\n

\\n
\\n

As Apple, Facebook, Amazon and other private companies play larger roles in OpenStreetMap, some volunteers worry about the open-source project’s future https://t.co/k4V9v6aS9M via @citylab

\\n

— Bloomberg (@business) February 19, 2021

\\n

\\n

\\n\",\"\\n

Amazon is trading around $3,250 after losing 2.35% today.

\\n

(Last update 5:32pm EST, February 19, 2021)

\\n

\\n

Amazon today at a glance – Amazon went dark red after losing 2.35%, tumbling down to $3,250. Trading volume was 4.06 million, above the daily average of 3.69 million.

\\n

Chart visual study suggest Amazon might start to recover soon because it is getting closer and is now only $43.7 from the support line at $3,206.2, Obviously, dipping below it could be an indication that further losses are ahead. In terms of trend indicators, we can see that at $3,297, Amazon made an initial breakout below the 21 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. Asset volatility analysis shows that a slight indication of recovery comes from looking at the Bollinger bands: the lower band is at $3,205.82 – a low enough level to usually suggest Amazon is trading below its value.

\\n

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

\\n

With a market cap of $1.64 trillion Amazon has started 2021 by gaining 2.14%. So far this year it is under-performing the S&P by 1.89%.

\\n

\\n
\\n

As Apple, Facebook, Amazon and other private companies play larger roles in OpenStreetMap, some volunteers worry about the open-source project’s future https://t.co/k4V9v6aS9M via @citylab

\\n

— Bloomberg (@business) February 19, 2021

\\n

\\n

\\n\",\"\\n

Microsoft is trading around $240.97 after losing 1.16% today.

\\n

(Last update 5:41pm EST, February 19, 2021)

\\n

\\n

Microsoft today at a glance – Microsoft remained in the $240.97 range after starting the session at $243.79 and dropping 1.16%. Trading volume was 24.48 million, above the daily average of 20.81 million.

\\n

The Chart visual study suggests Microsoft's nearest support level is at $231.96, followed by $219.62 at the next level. 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 the upper Bollinger band is at $245.71, indicating a further downward move might be next.

\\n

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

\\n

With a market cap of $1.82 trillion Microsoft has started 2021 by gaining 7.61%. So far this year it is outperforming the Dow by 4.79%.

\\n\",\"\\n

Google is trading around $2,101 after losing 0.76% today.

\\n

(Last update 5:41pm EST, February 19, 2021)

\\n

\\n

Google today at a glance – light red but with no obvious direction, Alphabet traded at $2,101 after ranging between $2,130.42 and $2,097.44. Trading volume was 1.38 million, above the daily average of 1.13 million.

\\n

A Visual analysis of Google's price graph shows Google's nearest support level is at $1,917.24, followed by $1,830.79 at the next level. In terms of trend indicators, we can see that at $2,100, Google made an initial breakout below the 10 day Simple Moving Average, an indication of a negative trend. Asset volatility analysis shows that the upper Bollinger band is at $2,129.31, indicating a further downward move might be next.

\\n

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

\\n

With a market cap of $1.41 trillion Google has started 2021 by gaining 16.5%. So far this year it is outperforming the S&P 500 by 12.65%.

\\n

\\n
\\n

Google acknowledges its fault in the acrimonious split with former AI researcher Timnit Gebru and told employees it plans to make changes https://t.co/tWXxf4CLqb

\\n

— Bloomberg (@business) February 19, 2021

\\n

\\n

\\n\",\"\\n

Tesla is trading around $781.3 after losing 0.77% today.

\\n

(Last update 5:41pm EST, February 19, 2021)

\\n

\\n

Tesla today at a glance – Tesla slid down from $787.38 to $781.3, losing $6.08 (0.77%). Trading volume was 18.63 million, below the daily average of 21.77 million.

\\n

Visual analysis of the Tesla's price graph shows Tesla's immediate support is around $773.53, resistance level is at $793.53. In terms of trend indicators, we can see that, although down today, worth noting that at $793.92 Tesla did peak above the 3 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 $756.81 – a low enough level to usually suggest Tesla is trading below its value. On the other hand, note that the Relative Strength Index indicates Tesla is in strong oversold condition.

\\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 $749.93 billion Tesla started 2021 by gaining 9.61%. So far this year it is outperforming the Nasdaq by 2.5%.

\\n

\\n
\\n

Cantor Fitzgerald CEO Howard Lutnick said the dramatic rise in values of Bitcoin and Tesla was driven by retail investors in much the same manner as GameStop https://t.co/FlubQVF3Fz

\\n

— Bloomberg (@business) February 19, 2021

\\n

\\n

\\n\",\"\\n

After three days of going down, Zoom was flat today, closing at $417.26

\\n

(Last update 5:41pm EST, February 19, 2021)

\\n

\\n

Zoom today at a glance – Zoom traded steadily today, ranging between $426 and $414.5 and closed at $417.26. Trading volume was 2.09 million, below the daily average of 4.19 million.

\\n

Chart visual study suggests Zoom's nearest support level is at $337.32. In terms of trend indicators, we can see that at $423.91, Zoom 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 $444.68, indicating a downward move might be next.

\\n

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

\\n

With a market cap of $121.79 billion Zoom started in 2021 by gaining 19.13%. So far this year it is outperforming the Nasdaq by 12%.

\\n\",\"\\n

The trend continues: Netflix, down 1.46%, closes at $540.22 adding to its four days of losses.

\\n

(Last update 5:41pm EST, February 19, 2021)

\\n

\\n

Netflix today at a glance – Netflix dropped 1.46% early on and stayed at the $540.22 range. Trading volume was 2.72 million, below the daily average of 2.77 million.

\\n

Visual analysis of Netflix's price graph shows Netflix might start to recover soon because it is getting close and is now only $16.94 from the support line at $523.28, 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 $537.62 – a low enough level to usually suggest Netflix is trading below its value. In contrast, 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.

\\n

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

\\n

With a market cap of $239.26 billion Netflix started 2021 by losing 0.09%. So far this year it is under-performing the S&P 500 by 3.94%.

\\n\",\"\\n

Walmart climbs to $138.44 after quarterly performance report

\\n

(Last update 3:42pm EST, February 19, 2021)

\\n

\\n

Small gain for Walmart at $138.44 after ranging today between $137.67 and $139.42. Trading volume is at 9.58 million, above the 21 day avarage of 8.78 million.

\\n

Yesterday, Walmart reported mixed earnings results with EPS at 1.39 and revenues at $152.08 billion, compared to a consensus of 1.51 Earnings Per Share and $147.98 billion revenue. Since the release of its earnings report, Walmart lost $8.76

\\n

Visual analysis of Walmart's price graph shows Walmart reversed direction at $139.27 resistance zone and retreated back 83 cents below it. 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. On the other hand, note that the lower Bollinger band is at $137.88, indicating further gains might be next.

\\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 $391.69 billion Walmart started 2021 by losing 4.71%. So far this year it is under-performing the Dow by 7.53%.

\\n

\\n
\\n

Walmart raises wages for 425,000 associates, about half of U.S. employees now earn $15 per hour https://t.co/SmArSh2Uhu by @JuliaLaRoche pic.twitter.com/Hq3FMBHedk

\\n

— Yahoo Finance (@YahooFinance) February 19, 2021

\\n

\\n

\\n\",\"\\n

Trend reversal? After three days of going up, Procter & Gamble is down 1.54% today

\\n

(Last update 3:42pm EST, February 19, 2021)

\\n

\\n

Procter & Gamble dropped 1.54% early on and is steady at the $127.53 range.

\\n

Visual analysis of the Procter & Gamble's price graph shows Procter & Gamble's immediate support is around $126.73, resistance level is at $133.09. In terms of trend indicators, we can see that at $128.65, Procter & Gamble made an initial breakout below the 10 day Simple Moving Average, an indication of a negative trend. Asset volatility analysis shows that a slight indication of recovery comes from looking at the Bollinger bands: the lower band is at $127.19 – a low enough level to usually suggest Procter & Gamble is trading below its value.

\\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 $314.05 billion Procter & Gamble started 2021 by losing 7.42%. So far this year it is under-performing the Dow Jones by 10.24%.

\\n\",\"\\n

After starting the day at $183, Walt Disney crawled to $183.58 (up 0.32%)

\\n

(Last update 3:41pm EST, February 19, 2021)

\\n

\\n

Currently light green but with no clear-cut direction, Walt Disney is trading at $183.58 after ranging today between $184.77 and $182.79.

\\n

The Chart pattern study shows Walt Disney's immediate resistance is around $185.29, nearest support level is at $163.03. In terms of trend indicators, we can see that even though currently pointing up, the 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 Walt Disney is likely to reverse course and start pointing down in the short term.

\\n

With a market cap of $333.25 billion Walt Disney started in 2021 by gaining 1%. So far this year it is under-performing the Dow by 1.83%.

\\n\",\"\\n

Coca-Cola slides down to $50.2 as the session draws to a close

\\n

(Last update 3:41pm EST, February 19, 2021)

\\n

\\n

Coca-Cola slid down from $50.77 to $50.2, losing 57 cents (1.13%).

\\n

The Chart pattern study shows the nearest support level is at $48.15 while the closest resistance is at $54.84. In terms of trend indicators, we can see that at $50.43, Coca-Cola 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.

\\n

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

\\n

With a market cap of $215.94 billion Coca-Cola started 2021 by losing 8%. So far this year it is under-performing the Dow by 10.84%.

\\n\",\"\\n

Pfizer edges to $34.5 as the session draws to a close

\\n

(Last update 3:41pm EST, February 19, 2021)

\\n

\\n

Pfizer weakened earlier in the trading session before moving off the $34.46 low and recovering almost back to $34.56.

\\n

Visual analysis of the Pfizer's price graph shows Pfizer's immediate support is around $34.43, resistance level is at $36.74. 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 the upper Bollinger band is at $35.08, indicating a further downward move might be next.

\\n

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

\\n

With a market cap of $191.76 billion Pfizer started 2021 by losing 6.51%. So far this year it is under-performing the Dow by 9.33%.

\\n

\\n
\\n

Pfizer CEO Bourla: Reduced Vaccine Production Timeline To Average Of 60 Days
– On Track To Give US 120 Mln Doses By End Of March
– Expects To Release 200 Mln Doses By End Of May, Two Month Early$PFE

\\n

— LiveSquawk (@LiveSquawk) February 19, 2021

\\n

\\n

\\n\",\"\\n

McDonald's is trading around $212.24 after losing 1.48% today

\\n

(Last update 5:31pm EST, February 19, 2021)

\\n

\\n

McDonald's today at a glance – McDonald's dropped 1.48% early on and stayed at the $212.24 range. Trading volume was 3.06 million, below the daily average of 3.20 million.

\\n

The Chart pattern study shows the nearest support level is at $206.82 while the closest resistance is at $215.87. In terms of trend indicators, we can see that, although down today, worth noting that at $213.76 McDonald's did peak above the 10 day Simple Moving Average earlier, usually an indication that a positive move is maybe ahead.

\\n

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

\\n

With a market cap of $158.14 billion McDonald's started 2021 by gaining 0.39%. So far this year it is under-performing the Dow by 2.43%.

\\n\",\"\\n

Bitcoin hits new all time high at $56,100

\\n

(Last update 5:31pm EST, February 19, 2021)

\\n

\\n

After opening at $51,643, Bitcoin reached a record high of $56,100. Later, it lost $700 and is now trading at $55,400.

\\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 1.03 trillion

\\n

\\n
\\n

Cantor Fitzgerald CEO Howard Lutnick said the dramatic rise in values of Bitcoin and Tesla was driven by retail investors in much the same manner as GameStop https://t.co/FlubQVF3Fz

\\n

— Bloomberg (@business) February 19, 2021

\\n

\\n

\\n\",\"\\n

Gold was up 0.46%, trading around $1,783

\\n

(Last update 5:31pm EST, February 19, 2021)

\\n

\\n

Gold is recovering back to its previous close at 1,775 after dipping down to 1,759.

\\n

The Chart pattern study shows Gold reversed direction at $1,789 resistance zone and retreated back to $5.8 below it. In terms of trend indicators, we can see that at $1,781, Gold made an initial breakout above the 3 day Simple Moving Average, an indication of a positive trend. 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 the lower Bollinger band is at $1,764, 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, the technical analysis suggests gold is neutral for the immediate future, with no clear-cut direction.

\\n

Gold started 2021 by losing 6.68%.

\\n

\\n
\\n

“Bitcoin may be The Stimulus Asset. Doesn’t look like gold is" $btc $goldhttps://t.co/DWcU1q1Kpd

\\n

— Benzinga Crypto (@benzingacrypto) February 19, 2021

\\n

\\n

\\n\",\"\\n

Crude oil made its largest single-day drop ($1.51) since December 2020

\\n

(Last update 5:31pm EST, February 19, 2021)

\\n

\\n

Crude oil trades now at $59 after making its largest single-day drop ($1.51) since December 2020

\\n

The Chart pattern study shows the nearest support level is at $52.85 while the closest resistance is at $61.14. In terms of trend indicators, we can see that at $59.2, Crude 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 Crude is likely to continue pointing down in the short term.

\\n

Crude started in 2021 by gaining 19.43%.

\\n

\\n
\\n

Texas oil refiners will take weeks to recover, boosting U.S. gasoline prices https://t.co/TVT8ca4Rjb pic.twitter.com/5Ni7I3N4kD

\\n

— Reuters (@Reuters) February 19, 2021

\\n

\\n

\\n\",\"\\n

After starting the day at 1.2098, Euro inches to 1.2126 (up 27 pips)

\\n

(Last update 5:31pm EST, February 19, 2021)

\\n

\\n

EUR/USD gaining 27 pips and is hovering at 1.2126 level.

\\n

Visual analysis of the Euro/Dollar's price graph shows the Euro/Dollar is eyeing resistance at 1.2308 and is now only 182 pips away, whilst this indicates a slow down or reverse of direction around 1.2308, crossing it might suggest a prolonged positive move. Asset volatility analysis shows that the upper Bollinger band is at 1.2192, This is a slight indication of a slowdown. On the other hand, note that at 1.2157, Euro/Dollar 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 a reverse of course in the short term might be next for the Euro.

\\n

The Euro/Dollar started 2021 by losing 1.44%.

\\n

\\n
\\n

Siemens Healthineers gains EU nod for $16.4 billion Varian buy https://t.co/KobeNAL3dI pic.twitter.com/Xhxl5Gyd8B

\\n

— Reuters (@Reuters) February 19, 2021

\\n

\\n

\\n\",\"\\n

The British Pound inches to 1.4009 up 39 pips

\\n

(Last update 6:11pm EST, February 19, 2021)

\\n

\\n

GBP/USD spiked to 1.4009, gaining 39 pips.

\\n

The Chart visual study suggests the Pound immediate resistance is around 1.4133, nearest support level is at 1.3582. 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/Dollar is in overbought condition. However, a slight indication of a slowdown comes from looking at the Bollinger bands: the upper band is at 1.4093 – 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 2.22%.

\\n

\\n
\\n

I buy into the stronger sterling story, says Geoff Yu, BNY Mellon Senior strategist for EMEA Markets https://t.co/W4Sfr9RZJj pic.twitter.com/KSgdjh4vyi

\\n

— Bloomberg TV (@BloombergTV) February 19, 2021

\\n

\\n

\\n\",\"\\n

The Yen was down 28 pips, reaching 105.41, for its four straight negative days

\\n

(Last update 6:11pm EST, February 19, 2021)

\\n

\\n

USD/JPY slid down from 105.69 to 105.41, losing 28 pips (0.26%).

\\n

In terms of trend indicators, we can see that at 105.34, Yen made an initial breakout below the 200 day Simple Moving Average, an indication of a negative trend. Asset volatility analysis shows that the upper Bollinger band is at 106.13, indicating a further downward move might be next. In contrast, yen might start to recover soon because it is getting closer and is now only 85 pips from the support line at 104.55, obviously dipping below it could be an indication that further losses are ahead.

\\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 Dollar/Yen

\\n

The Dollar/Yen started 2021 by gaining 2.33%.

\\n\",\"\\n

The Steady Swiss franc holds at 0.8963

\\n

(Last update 6:11pm EST, February 19, 2021)

\\n

\\n

With a daily low of 0.8963, USD/CHF holds at 0.8963 after starting the day at 0.8958 and gaining 5 pips (0.06%).

\\n

Visual analysis of the Swiss franc's price graph shows Dollar/Swiss is climbing away and is now 64 pips from the 0.89 support line. Asset volatility analysis shows that the upper Bollinger band is at 0.9041, indicating a downward move might be next.

\\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 1.23%.

\\n\",\"\\n

After starting the day at 0.7773, Aussie/Dollar went up to 0.7872 (up 98 pips)

\\n

(Last update 6:11pm EST, February 19, 2021)

\\n

\\n

AUD/USD rallied 98 pips and maintains at 0.7872 level.

\\n

Visual analysis of the Aussie/Dollar's price graph shows Aussie/Dollar immediate resistance is around 0.79, nearest support level is at 0.76. 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 Aussie/Dollar is in overbought condition, keep an eye out for a slowdown of gains. However, the upper Bollinger band is at 0.79, This is a slight indication of a slowdown.

\\n

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

\\n

The Aussie/Dollar started in 2021 by gaining 1%.

\\n

\\n
\\n

U.S. sees Facebook dispute as a matter between companies and Australia -State Dept https://t.co/rbluQ2c4Ie pic.twitter.com/x1v6ewdxwl

\\n

— Reuters (@Reuters) February 19, 2021

\\n

\\n

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