\\n

\\n\",\"\\n

Facebook closed at $210.18 after losing 2.24% Thursday

\\n

(Last update 6:31am EST, April 18, 2022)

\\n

\\n

Thursday at a glance: Mark Zuckerberg's company slid down from $215 to $210.18, taking a 2.24% loss Thursday. The trading volume was 18.38 million — slightly below the daily average of 26.93 million.

\\n

An analysis of Facebook's chart suggests Facebook's nearest support level is at $186.63. 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. According to asset volatility analysis, Bollinger bands shows an indication of recovery: the lower band is at $206.83, a low enough level to, generally, suggest that Facebook is trading below its value.

\\n

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

\\n

Facebook has a market cap of $570.54 billion the year 2022 has not been the best for the social media company, it lost 37.38% of its value. So far in 2022, it has been doing worse than the Nasdaq by 19.19%.

\\n

\\n
\\n

Elon Musk's bid for Twitter probably has Facebook and Google quaking: Mark Cuban https://t.co/HEwdmHC1sw by @BrianSozzi pic.twitter.com/NJeIMqV8mc

\\n

— Yahoo Finance (@YahooFinance) April 15, 2022

\\n

\\n

\\n\",\"\\n

Amazon traded at $3,034, down by 2.47% when the session closed

\\n

(Last update 6:31am EST, April 18, 2022)

\\n

\\n

Thursday at a glance: after closing the previous trading day at $3,110.82 and dropping to $3,029.43, the tech and retail multifaceted giant closed Thursday at $3,034. Overall, Amazon lost 2.47% of its value. The trading volume was 2.58 million which was slightly under the daily average of 2.98 million.

\\n

Important graph levels to look out for: Amazon's nearest support level is at $2,720.29. In terms of trend indicators, we can see that at $3,097.43, Amazon made an initial breakout below the 50 day Simple Moving Average, an indication of a negative trend.

\\n

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

\\n

The company's market cap is $1.54 trillion the tech and retail multifaceted giant is up 14.36% on its yearly low ($2,720.29) that i hit a month ago. So far in 2022 it has been beating the Nasdaq by 7.46%.

\\n

\\n
\\n

How Beijing’s crackdown led Alibaba to lose out on billions through a business that Amazon turned into a gold mine.

\\n

Read The Big Take⬇️ https://t.co/y4ezQ3sPQ4

\\n

— Bloomberg (@business) April 18, 2022

\\n

\\n

\\n\",\"\\n

Microsoft ended the session at $279.83 (-2.71%)

\\n

(Last update 6:41am EST, April 18, 2022)

\\n

\\n

A quick look at Thursday: after closing the previous trading day at $287.62 and dropping to $279.32, the iconic OS developer closed Thursday at $279.83. Overall, Microsoft lost 2.71% of its value. The trading volume was 28.22 million — below the daily average of 28.83 million.

\\n

Important graph levels to look out for: Microsoft might start to recover soon because it is getting close to its support line— now only $3.98 away at $275.85. Dipping below could be an indication that further losses are ahead. Trend indicators show us that at $285, Microsoft made an initial breakout below the 3 day Simple Moving Average, an indication of a negative trend. The MACD line is significantly below the MACD signal line, meaning this medium-term trend might turn positive. 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. Analysis based on the asset volatility indicates that Bollinger bands shows an indication of recovery: the lower band is at $274.83, a low enough level to, generally, suggest that Microsoft is trading below its value.

\\n

All in all, the technical analysis suggests Microsoft has no clear-cut direction.

\\n

Microsoft has a market cap of $2 trillion the year 2022 has not been the best for the iconic OS developer, it lost 16.03% of its value. So far in 2022 it has been beating the Nasdaq by 2.16%.

\\n

\\n
\\n

For a limited time, the tech giant is slashing prices on Microsoft Office https://t.co/VASOGE2fWM

\\n

— TheStreet (@TheStreet) April 17, 2022

\\n

\\n

\\n\",\"\\n

Google traded at $2,545, down by 2.33% when the session closed

\\n

(Last update 6:41am EST, April 18, 2022)

\\n

\\n

Thursday at a glance: the search engine giant remained in the $2,545 range, after closing Wednesday at $2,605.72 and dropping by 2.33% Thursday. The trading volume was slightly below the latest 21 day average volume at 1.17 million (98.47% of average).

\\n

A chart visual study suggests Google might start to recover soon because it is getting close to its support line— now only $15.77 away at $2,529.29. Dipping below could be an indication that further losses are ahead. Trend indicators show us that at $2,589.71, Google made an initial breakout below the 3 day Simple Moving Average, an indication of a negative trend. 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. According to asset volatility analysis, Bollinger bands shows an indication of recovery: the lower band is at $2,497.17, a low enough level to, generally, suggest that Google is trading below its value.

\\n

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

\\n

Google has a market cap of $1.68 trillion the year 2022 has not been the best for the leading search engine company, it lost 12.03% of its value. So far in 2022, it has performed better than the Nasdaq by 6.16%.

\\n

\\n
\\n

The last letter of the Latin alphabet has become the symbol of support for Russia’s war in Ukraine https://t.co/e8viqEc1eJ

\\n

— The Economist (@TheEconomist) April 16, 2022

\\n

\\n

\\n\",\"\\n

Tesla closed at $985 after losing 3.66% Thursday

\\n

(Last update 6:41am EST, April 18, 2022)

\\n

\\n

Thursday at a glance: after closing the previous trading day at $1,022.37 and dropping to $982.25, Elon Musk's electric cars company closed Thursday at $985. Overall, Tesla lost 3.66% of its value. The trading volume was 19.47 million — slightly under the daily average of 24.79 million.

\\n

Tesla is scheduled to announce earnings results Wednesday. The consensus EPS estimate is 2.24 and the consensus revenue estimate is $17.63 billion.

\\n

A chart visual study suggests the nearest support level is at $879.89, to be followed by $764.04. In terms of trend indicators, we can see that at $1,017, Tesla 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 Tesla is likely to start pointing downward in the short term.

\\n

The company has a market cap of $1 trillion the year 2022 has not been the best for Elon Musk's electric cars company, it lost 17.36% of its value. So far in 2022, it has been outperforming the Nasdaq by 0.83%.

\\n\",\"\\n

Zoom closed at $110.31 after losing 4% Thursday

\\n

(Last update 6:41am EST, April 18, 2022)

\\n

\\n

Thursday at a glance: the video communications platform provider dropped 4% early on and stayed at the $110.31 range. The trading volume was 4.50 million; slightly above the daily average of 4.26 million.

\\n

Chart pattern study shows Zoom's nearest support level is at $94.64. In terms of trend indicators, we can see that at $111.15, Zoom made an initial breakout below the 5 day Simple Moving Average, an indication of a negative trend. Analysis based on the asset volatility indicates that Bollinger bands shows an indication of recovery: the lower band is at $105.49, a low enough level to, generally, suggest that Zoom is trading below its value.

\\n

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

\\n

The company has a market cap of $33.00 billion the video communications platform provider is now trading 71.36% below its yearly high ($401.12) that it held 9 months ago. So far in 2022, it has been doing worse than the Nasdaq by 20.97%.

\\n

\\n
\\n

After Two Years On Zoom, Workers Finally Learned How To Fool Their Bosses https://t.co/boVoqFEZym pic.twitter.com/SLkBtYBv13

\\n

— Forbes (@Forbes) April 15, 2022

\\n

\\n

\\n\",\"\\n

Netflix loses 2.65%, closes at $341.13 ahead of quarterly report tomorrow

\\n

(Last update 6:41am EST, April 18, 2022)

\\n

\\n

A quick look at Thursday: after closing the previous trading day at $350.43 and dropping to $339.86, the streaming company closed Thursday at $341.13. Overall, Netflix lost 2.65% of its value. The trading volume was 4.34 million — slightly below the daily average of 4.55 million.

\\n

Netflix is scheduled to announce earnings results tomorrow. The consensus EPS estimate is 2.95 and the consensus revenue estimate is $7.94 billion.

\\n

Chart pattern study shows Netflix might start to recover soon because it is getting close to its support line— now only $10.12 away at $331. Dipping below could be an indication that further losses are ahead. In terms of trend indicators, we can see that at $347.51, Netflix made an initial breakout below the 3 day Simple Moving Average, an indication of a negative trend. 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. Analysis based on the asset volatility indicates that Bollinger bands shows an indication of recovery: the lower band is at $333.15, a low enough level to, generally, suggest that Netflix is trading below its value.

\\n

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

\\n

The company's market cap is $151.56 billion the year 2022 has not been the best for the streaming heavyweight, it lost 42.24% of its value. So far in 2022, it has been under-performing the Nasdaq by 24.05%.

\\n\",\"\\n

Walmart steady at $157.08, no significant movement

\\n

(Last update 6:21am EST, April 18, 2022)

\\n

\\n

A quick look at Thursday: Walmart closed at $157.08 with no clear-cut direction and ranged between $158.29 and $156.43. The trading volume was 7.45 million, around the average daily.

\\n

A chart visual study suggests Walmart's nearest support level is at $153.23.

\\n

Walmart's market cap is currently $432.25 billion hitting its yearly low ($133.53) 2 months ago, the discount department and warehouse stores chain has bounced back 17.74% since. So far in 2022, it has performed better than the Dow Jones by 14.75%.

\\n\",\"\\n

Procter & Gamble loses 0.56%, closes at $158.57 ahead of quarterly report Wednesday

\\n

(Last update 6:21am EST, April 18, 2022)

\\n

\\n

Thursday at a glance: light red, mostly flat: Procter & Gamble ranged between $160.3 and $158.45, closing at $158.57. Beating the daily average of 6.54 million, Procter & Gamble traded at 7.81 million Thursday.

\\n

Procter & Gamble is scheduled to announce earnings results Wednesday. The consensus Earnings Per Share estimate is 1.3 and the consensus revenue estimate is $18.72 billion.

\\n

Visual analysis of Procter & Gamble's price graph shows Procter & Gamble's nearest support level is at $143.22. Trend indicators show us that at $159.38, Procter & Gamble made an initial breakout below the 5 day Simple Moving Average, an indication of a negative trend.

\\n

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

\\n

The company's market cap is $380.10 billion the consumer goods company has gained 11.33% over the last 5 months. So far in 2022, it has performed better than the Dow by 3.53%.

\\n\",\"\\n

Walt Disney ended the session at $130.47 (-1.42%)

\\n

(Last update 6:21am EST, April 18, 2022)

\\n

\\n

A quick look at Thursday: the entertainment and content production company slid down from $132.35 to $130.47, taking a 1.42% loss Thursday. The trading volume was 7.28 million — slightly below the daily average of 8.68 million.

\\n

A chart visual study suggests Walt Disney might start to recover soon because it is getting close to its support line— now only $1.44 away at $129.03. Dipping below could be an indication that further losses are ahead. In terms of trend indicators, we can see that at $131.52, Walt Disney made an initial breakout below the 5 day Simple Moving Average, an indication of a negative trend.

\\n

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

\\n

The company's market cap is $237.54 billion the year 2022 has not been the best for the entertainment and content production company, it lost 16.57% of its value. So far in 2022, it has been doing worse than the Dow by 10.4%.

\\n\",\"\\n

Coca-Cola gained 0.45% Thursday and ended up at $65

\\n

(Last update 6:21am EST, April 18, 2022)

\\n

\\n

A quick look at Thursday: after ending Wednesday at $64.73, Coca-Cola went up to $65.57 only to drop back, yet still traded well overall and closed at $65 Thursday. The trading volume was 16.39 million, which is above the daily average of 15.23 million.

\\n

Coca-Cola is scheduled to announce earnings results Monday. The consensus EPS estimate is 0.5787 and the consensus revenue estimate is $9.83 billion.

\\n

Chart pattern study shows Coca-Cola's immediate resistance is around $65.45 and its nearest support level is at $57.88. 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. Momentum evaluation shows that the Relative Strength Index indicates Coca-Cola is in an overbought condition. Despite this, Coca-Cola's upper Bollinger band is at $65.78, 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

Coca-Cola has a market cap of $281.86 billion 3 days ago the soft drinks giant has hit its yearly high point of $65, since than it lost 0.45%. The Dow has been doing worse in 2022, it has been passing it by 15.86%.

\\n\",\"\\n

Pfizer hovers around $53.12

\\n

(Last update 6:21am EST, April 18, 2022)

\\n

\\n

A quick look at Thursday: Pfizer closed at $53.12 with no clear-cut direction and ranged between $53.91 and $53.04. The trading volume was 17.24 million — below the daily average of 25.43 million.

\\n

Visual analysis of Pfizer's price graph shows Pfizer's nearest support level is at $50.94. In terms of trend indicators, we can see that at $53.38, Pfizer made an initial breakout above 3 day Simple Moving Average, an indication of a positive trend.

\\n

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

\\n

The company's market cap is $300 billion the pharmaceuticals and biotechnology company is now trading 13.31% below its yearly high ($61.25) that it held 4 months ago. So far in 2022, it has been under-performing the Dow by 0.06%.

\\n

\\n
\\n

Distribution of Pfizer’s Paxlovid has to expand quickly—or else the world risks repeating many of the same mistakes from the global rollout of vaccines https://t.co/60QVK8IQDw

\\n

— Businessweek (@BW) April 16, 2022

\\n

\\n

\\n\",\"\\n

McDonald's dropped by 0.33% and closed the session at $250.51

\\n

(Last update 6:41am EST, April 18, 2022)

\\n

\\n

A quick look at Thursday: after ending Wednesday at $251.33, McDonald's went up to $253.73 only to drop back to its starting point and close at $250.51. The trading volume was 2.11 million which is below the daily average of 2.62 million.

\\n

An analysis of McDonald's's chart suggests the nearest support level is at $222. In terms of trend indicators, we can see that although down today, it's worth noting that in earlier trading McDonald's peaked above the $251.35 5 day Simple Moving Average, usually an indication that a positive move might be approaching.

\\n

Overall, looking at the technical analysis landscape, it seems McDonald's —which is currently on a downtrend— might reverse course and start pointing upward in the short term.

\\n

McDonald's has a market cap of $185.28 billion the fast food giant is now trading 13.21% above its yearly low ($253.73) that it has slumped into a month ago. So far in 2022, it has been under-performing the Dow Jones by 0.54%.

\\n\",\"\\n

Bitcoin is trading around $39,065, down by $581.97 (1.47%)

\\n

(Last update 6:41am EST, April 18, 2022)

\\n

\\n

Bitcoin weakened earlier in the day, before moving off the $38,726 low and recovering almost back to $39,065.

\\n

A study of Bitcoin's graph shows key levels to watch: Bitcoin's resistance level is at $47,466. 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. According to asset volatility analysis, Bollinger bands shows an indication of recovery: the lower band is at $37,475, a low enough level to, generally, suggest that Bitcoin is trading below its value.

\\n

All in all, the technical analysis suggests Bitcoin has no clear-cut direction.

\\n

Bitcoin has a market cap of 742.82 billion Bitcoin is now trading 41.34% below its yearly high ($67,600) that it held 5 months ago.

\\n

\\n
\\n

Bitcoin dropped to its lowest level in more than a month as crypto continued to be hurt by investors’ risk aversion https://t.co/zhK94mbGJn

\\n

— Bloomberg Markets (@markets) April 18, 2022

\\n

\\n

\\n\",\"\\n

Gold up 0.97%, trading at $1,994 per ounce

\\n

(Last update 6:41am EST, April 18, 2022)

\\n

\\n

CME Gold rallies $19 and maintains the $1,994 per ounce level.

\\n

A chart visual study suggests the nearest resistance level is at $2,058.3. 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. Asset volatility analysis shows that Chicago Gold has just crossed the upper Bollinger band at $1,988, indicating further gains might be next.

\\n

Examining the technical analysis landscape, Gold might continue its downtrend in the short term.

\\n

A month ago Gold has hit its yearly high point of $2,058.3, since than it lost 4.05%.

\\n

\\n
\\n

How Beijing’s crackdown led Alibaba to lose out on billions through a business that Amazon turned into a gold mine.

\\n

Read The Big Take⬇️ https://t.co/y4ezQ3sPQ4

\\n

— Bloomberg (@business) April 18, 2022

\\n

\\n

\\n\",\"\\n

A slow down? After three days of going up, Oil is flat today, hovering around $107.09.

\\n

(Last update 6:41am EST, April 18, 2022)

\\n

\\n

U.S. Oil is trading at $107.09 per barrel with no clear-cut direction, ranging between $108.69 and $106.12.

\\n

Important graph levels to look out for: U.S. Oil's resistance level is at $124.77. Trend indicators show us 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

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

\\n

Crude oil is now trading 14.09% below its yearly high ($124.77) that it held a month ago.

\\n

\\n
\\n

Cargill, one of the word’s biggest agricultural traders, stopped buying palm oil products from Sime Darby Plantation after the U.S. said it found indicators of forced labor in the Malaysian grower https://t.co/UpDdzvlJFF

\\n

— Bloomberg Markets (@markets) April 18, 2022

\\n

\\n

\\n\",\"\\n

The Euro rebounds 14 pips from a 1 year low

\\n

(Last update 6:41am EST, April 18, 2022)

\\n

\\n

After closing Thursday at 1.0806, the Euro dropped to 1.0783 today, hitting its lowest point in 1 year during Friday's session. It later recovered 14 pips and is now trading at 1.0798.

\\n

A chart visual study suggests the Euro's immediate support is now around 1.0791; its resistance level is at 1.0847. Analysis based on the asset volatility indicates that Bollinger bands shows an indication of recovery: the lower band is at 1.0738, a low enough level to, generally, suggest that Euro/Dollar is trading below its value. Japanese Candlestick formations detected today show that "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 trend reversal. Despite this, 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.

\\n

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

\\n

Euro/Dollar has lost 5.24% over the last 2 months.

\\n\",\"\\n

Losing streak continues: the British Pound down 23 pips to 1.3031 adding to its four days of losses

\\n

(Last update 7:11am EST, April 18, 2022)

\\n

\\n

GBP/USD slides down from 1.3055 to 1.3031 today, losing 23 pips (0.18%).

\\n

Chart pattern study shows the British Pound might start to recover soon because it is getting close to its support line— now only 27 pips away at 1.3004. Dipping below could be an indication that further losses are ahead. Asset volatility analysis shows that Bollinger bands shows an indication of recovery: the lower band is at 1.2993, a low enough level to, generally, suggest that Pound/Dollar is trading below its value. On the other hand, note 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.

\\n

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

\\n

6 days ago Pound/Dollar has hit its twelve month low point of 1.3, since than it recovered back 0.44%.

\\n\",\"\\n

Dollar/Yen hits new all-time high at 126.79

\\n

(Last update 7:11am EST, April 18, 2022)

\\n

\\n

Dollar/Yen lost 18 pips and now trades at 126.61, following an impressive jump to 126.79 Friday for the first time since Apr 15.

\\n

Dollar/Yen's graph levels to watch: Dollar/Yen's immediate resistance is around 126.77 and its nearest support level is at 123.88. 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 momentum evaluation, the Relative Strength Index indicates Dollar/Yen is in a strong overbought condition. In contrast, Dollar/Yen's upper Bollinger band is at 127.09, this is a slight indication of a slowdown.

\\n

According to technical analysis, it looks as if Dollar/Yen likely to continue pointing upward in the short term.

\\n

Dollar/Yen has gained 10.39% over the last 2 months.

\\n

\\n
\\n

BOJ's Kuroda says yen's 'quite sharp' moves may hurt businesses https://t.co/sEVz294woG pic.twitter.com/ULdsLgMcLf

\\n

— Reuters (@Reuters) April 18, 2022

\\n

\\n

\\n\",\"\\n

Dollar/Swiss ended the previous session at 0.9439, currently trades at 0.9427

\\n

(Last update 7:11am EST, April 18, 2022)

\\n

\\n

Dollar/Swiss falls to 0.9427, following mixed behavior today as it ranges between 0.942 and 0.945.

\\n

Important graph levels to look out for: Dollar/Swiss might start to recover soon because it is getting close to its support line— now only 11 pips away at 0.9415. Dipping below could be an indication that further losses are ahead. In terms of trend indicators, we can see that at 0.9425, Dollar/Swiss made an initial breakout below the 3 day Simple Moving Average, an indication of a negative trend. The CCI indicator is above 100. When the CCI (Commodity Channel Index) is at this level it means the price is above the average price as measured by the indicator, indicating a possible start of a new uptrend. Asset volatility analysis shows that Dollar/Swiss's upper Bollinger band at 0.9447, indicating a further downward move might be next.

\\n

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

\\n

Dollar/Swiss has gained 0.11% over the last 3 days.

\\n\",\"\\n

The Australian dollar is trading around 0.7371, down by 21 pips (0.3%)

\\n

(Last update 7:11am EST, April 18, 2022)

\\n

\\n

Aussie/Dollar remains in the 0.7371 range today, after ending Friday at 0.7393 and dropping 21 pips.

\\n

An analysis of Aussie/Dollar's chart suggests the nearest support level is at 0.7195. In terms of trend indicators, we can see that at 0.7363, Aussie/Dollar made an initial breakout below the 50 day Simple Moving Average, an indication of a negative trend. The MACD line is significantly below the MACD signal line, meaning this medium-term trend might turn positive. 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. According to asset volatility analysis, Bollinger bands shows an indication of recovery: the lower band is at 0.7367, a low enough level to, generally, suggest that the Australian dollar is trading below its value. Japanese Candlestick formations detected today show that "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 trend reversal. "Hammer”, when it appears on top of a bearish overall trend, as it is now, some traders would consider this as an indication of a trend reversal.

\\n

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

\\n

The Australian dollar is now trading 6.11% above its yearly low (0.7404) that it has slumped into 2 months ago.

\\n\\n\"],\"title\":\"Financial Markets Review – 18 April 2022 – 07:11:24\",\"date\":\"2022-04-18T11:11:24\"}"; var omg_ads = JSON.parse(decodeHtml(omg_ads_string)); } catch (e) { var omg_ads = JSON.parse(omg_ads_string); }