\\n

\\n\",\"\\n

Facebook lost 2.11% yesterday, closed at $184.11

\\n

(Last update 10:31am EST, April 23, 2022)

\\n

\\n

Yesterday at a glance: Mark Zuckerberg's company​ recovered some, but not quite all the way back to $188.07​ after dipping down to $183.28​ yesterday. The trading volume was 36.34 million; higher than the daily average of 26.92 million.

\\n

Facebook trades at $184.11 ahead of quarterly performance report which is scheduled to be released Wednesday.

\\n

A chart visual study suggests Facebook broke through the $186.63 support line and dropped $2.52 below it. Trend indicators show us 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. Analysis based on the asset volatility indicates that Bollinger bands shows an indication of recovery: the lower band is at $185.73, a low enough level to, generally, suggest that Facebook is trading below its value.

\\n

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

\\n

Facebook has a market cap of $499.77 billion the social media company has lost 35.23% over the last 2 months. So far in 2022, it has been doing worse than the Nasdaq by 16.47%.

\\n

\\n
\\n

Netflix and Facebook have given up most of the last few years' gains since tech's November peak https://t.co/E36svfB7Tf

\\n

— CNBC (@CNBC) April 22, 2022

\\n

\\n

\\n\",\"\\n

Amazon lost 2.66% yesterday, closed at $2,887

\\n

(Last update 10:31am EST, April 23, 2022)

\\n

\\n

A quick look at yesterday: the tech and retail multifaceted giant​ recovered some, but not quite all the way back to $2,966​ after dipping down to $2,874.51​ yesterday. The trading volume was 3.65 million, which is above the daily average of 2.87 million.

\\n

The company trades at $2,887 ahead of quarterly performance report which is scheduled to be released Thursday.

\\n

Chart pattern study shows the nearest support level is at $2,720.29. 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 Bollinger bands shows an indication of recovery: the lower band is at $2,838, a low enough level to, generally, suggest that Amazon is trading below its value.

\\n

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

\\n

Amazon is currently trading with a market cap of $1.47 trillion Jeff Bezos’s company is now trading 9.03% above its yearly low ($2,992.3) that it has slumped into a month ago. So far in 2022 it has been beating the Nasdaq by 15.07%.

\\n

\\n
\\n

Mukesh Ambani got the upper hand on Amazon in round one. This time, the battle will be over cricket and the Indian Premier League. It's going to be a great show, says @andymukherjee70 https://t.co/82CWnNLPcJ via @bopinion

\\n

— Bloomberg (@business) April 23, 2022

\\n

\\n

\\n\",\"\\n

Microsoft dropped by 2.41% and closed the session at $274.03

\\n

(Last update 10:26am EST, April 23, 2022)

\\n

\\n

A quick look at yesterday: Microsoft dropped to $274.03 (from $280.81) — a 2.41% loss yesterday. Trading volume (29.33 million) was slightly greater than the latest 21 day volume average by 105.75%.

\\n

Microsoft is scheduled to announce earnings results Tuesday. The consensus Earnings Per Share estimate is 2.19 and the consensus revenue estimate is $49 billion.

\\n

In terms of trend indicators, we can see that the MACD line is significantly below the MACD signal line, meaning this medium-term trend might turn positive.

\\n

Technical analysis indicates that Microsoft (currently on a downtrend) might reverse course and start pointing upward in the short term.

\\n

Microsoft's market cap is currently $2 trillion the year 2022 has not been the best for the software giant, it lost 14.97% of its value. The Nasdaq has been doing worse in 2022, it has been passing it by 7.75%.

\\n\",\"\\n

Google lost 4.26% yesterday, closed at $2,392.28

\\n

(Last update 10:26am EST, April 23, 2022)

\\n

\\n

A quick look at yesterday: the leading search engine company remained in the $2,392.28 range after closing Thursday at $2,498.75 and dropping 4.26% as it reached the end yesterday's session. The trading volume was 2.32 million, which is above the daily average of 1.17 million.

\\n

Google is scheduled to announce earnings results Tuesday. The consensus Earnings Per Share estimate is 25.95 and the consensus revenue estimate is $68.22 billion.

\\n

A chart visual study suggests Google's immediate support is around $2,347, its resistance level is at $2,873. 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 that the Relative Strength Index indicates Google is in an oversold condition, allowing for more gains. In contrast, Bollinger bands shows an indication of recovery: the lower band is at $2,357.17, a low enough level to, generally, suggest that Google is trading below its value.

\\n

In general, examining the technical analysis landscape, although indicators are mixed further drawbacks may be next for Google.

\\n

The company has a market cap of $1.58 trillion the search engine giant is now trading 17.1% below its yearly high ($3,014.18) that it held 5 months ago. So far in 2022, it has performed better than the Nasdaq by 12.29%.

\\n

\\n
\\n

Twitter says it will no longer allow advertisers on its site who deny the scientific consensus on climate change, echoing a policy already in place at Google. https://t.co/k81ii345em

\\n

— The Associated Press (@AP) April 23, 2022

\\n

\\n

\\n\",\"\\n

Tesla stagnant, closes at $1,005 after quarterly report beats estimations

\\n

(Last update 10:26am EST, April 23, 2022)

\\n

\\n

Yesterday at a glance: Tesla closed at $1,005 with no clear-cut direction and ranged between $1,035 and $994. Trading volume (23.15 million) was slightly greater than the last 21 day average by 101.93%.

\\n

The company released its quarterly earnings Wednesday, beating analysts estimates. The company reported earnings of 3.22 per share on revenue of $18.76 billion, topping estimates of 2.24 per share on revenue of $17.63 billion. Since the release of its earnings report, Tesla lost 2.25%.

\\n

Tesla chart analysis: Tesla's resistance level is now at $1,145.45.

\\n

The company has a market cap of $1 trillion the year 2022 has not been the best for the trendy electric cars company, it lost 14.54% of its value. So far in 2022, it has been outperforming the Nasdaq by 8.18%.

\\n\",\"\\n

Zoom closed at $100.17 (down 0.77%) and added one more to its 4th straight day of losses

\\n

(Last update 10:26am EST, April 23, 2022)

\\n

\\n

A quick look at yesterday: light red but with no clear-cut direction, the video communications platform provider closed the session at $100.17 after ranging between $105 and $99.3. Trading volume (3.78 million) was slightly below the latest 21 day average volume by 95.43%.

\\n

Zoom chart analysis: Zoom might start to recover soon because it is getting close to its support line— now only $5.53 away at $94.64. Dipping below could be an indication that further losses are ahead. Analysis based on the asset volatility indicates that Bollinger bands shows an indication of recovery: the lower band is at $96.66, a low enough level to, generally, suggest that Zoom 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 Zoom might reverse course and start pointing upward in the short term.

\\n

Zoom has a market cap of $29.96 billion 9 months ago the video communications platform provider has hit its yearly high point of $401.12, since than it lost 74.83%. So far in 2022, it has been under-performing the Nasdaq by 19.27%.

\\n\",\"\\n

Netflix closed at $215.52 (down 1.24%) and added one more to its 4th straight day of losses

\\n

(Last update 10:26am EST, April 23, 2022)

\\n

\\n

Yesterday at a glance: Netflix ranged between $226.27 and $210.05, but settled at $215.52. The trading volume was 37.42 million, which is above the daily average of 15.18 million.

\\n

The company reported mixed earnings results Tuesday, with EPS at 3.53 and revenues at $7.87 billion. Since the release of its earnings report, Netflix lost 36.21%.

\\n

A chart visual study suggests the nearest support level is at $208.29, to be followed by $201.06. Trend indicators show us 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 that the Relative Strength Index indicates Netflix is in strong oversold condition. In contrast, Bollinger bands shows an indication of recovery: the lower band is at $214.41, a low enough level to, generally, suggest that Netflix is trading below its value.

\\n

Overall, looking at the technical analysis landscape, it seems that although indicators are mixed and some are pointing in different directions further drawbacks may be next for Netflix.

\\n

Netflix has a market cap of $95.75 billion 5 months ago the streaming company has hit its yearly high point of $691.69, since than it lost 68.45%. So far in 2022, it has been under-performing the Nasdaq by 30.55%.

\\n\",\"\\n

Walmart dropped by 1.88% and closed the session at $156.86

\\n

(Last update 10:31am EST, April 23, 2022)

\\n

\\n

Yesterday at a glance: the discount department and warehouse stores chain slid down from $159.87 to $156.86, taking a 1.88% loss yesterday. The trading volume was 6.83 million which was slightly below the daily average of 7.18 million.

\\n

A chart visual study suggests Walmart is hovering around the $157.41 immediate support line.

\\n

The company's market cap is $431.80 billion the discount department and warehouse stores chain has gained 1.41% over the last 4 days. The Dow has been doing worse in 2022, it has been passing it by 16.82%.

\\n\",\"\\n

Procter & Gamble lost 0.84% yesterday, closed at $161.25

\\n

(Last update 10:31am EST, April 23, 2022)

\\n

\\n

Yesterday at a glance: the consumer goods corporation​ recovered some, but not quite all the way back to $162.61​ after dipping down to $160.91​ yesterday. Procter & Gamble passed the daily average (6.80 million) with a volume of 9.33 million.

\\n

Procter & Gamble was down, even though its quarterly earnings released on Wednesday beat the analysts’ estimates. The reported earnings of 1.33 per share on revenue of $19.38 billion, topping estimates of 1.3 per share on revenue of $18.72 billion.

\\n

A study of Procter & Gamble's graph shows key levels to watch: Procter & Gamble's nearest support level is at $143.22. According to asset volatility analysis, Procter & Gamble's upper Bollinger band at $163.98, indicating a further downward move might be next.

\\n

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

\\n

Procter & Gamble is currently trading with a market cap of $386.89 billion the consumer goods corporation has gained 13.03% over the last 5 months. So far in 2022, it has performed better than the Dow by 5.87%.

\\n\",\"\\n

Walt Disney closed at $118.27 after losing 2.79% yesterday

\\n

(Last update 10:31am EST, April 23, 2022)

\\n

\\n

Yesterday at a glance: Walt Disney dropped to $118.27 (from $121.66) — a 2.79% loss yesterday. The trading volume was 19.43 million, which is higher than the daily average of 11.27 million.

\\n

Walt Disney chart analysis: Walt Disney's immediate support is now around $117; its resistance level is at $142.38. Trend indicators show us 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 that the Relative Strength Index indicates Walt Disney is in an oversold condition, allowing for more gains. On the other hand, note that Bollinger bands shows an indication of recovery: the lower band is at $118.22, a low enough level to, generally, suggest that Walt Disney is trading below its value.

\\n

In general, examining the technical analysis landscape, although indicators are mixed further drawbacks may be next for Walt Disney.

\\n

Walt Disney's market cap currently stands at $221.50 billion the entertainment giant has lost 4.78% over the last 5 days. So far in 2022, it has been doing worse than the Dow by 9%.

\\n\",\"\\n

Coca-Cola closed at $65.25 after losing 1.45% yesterday

\\n

(Last update 10:31am EST, April 23, 2022)

\\n

\\n

A quick look at yesterday: the soft drink company remained in the $65.25 range, after closing Thursday at $66.21 and dropping by 1.45% yesterday. The trading volume was 14.76 million; higher than the daily average of 14.15 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 nearest support level is at $57.88.

\\n

The company's market cap is $282.86 billion the soft drink company has gained 1.75% over the last 4 days. So far in 2022 it has been beating the Dow by 17.52%.

\\n\",\"\\n

Pfizer closed at $48.13 after losing 2% yesterday

\\n

(Last update 10:31am EST, April 23, 2022)

\\n

\\n

A quick look at yesterday: the pharmaceuticals and biotechnology company dropped 2% early on and stayed at the $48.13 range. The trading volume was 21.51 million which is below the daily average of 22.96 million.

\\n

A study of Pfizer's chart pattern shows Pfizer's immediate support is around $47.66, its resistance level is at $50.94. Trend indicators show us 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 $47.91, a low enough level to, generally, suggest that Pfizer is trading below its value.

\\n

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

\\n

The company's market cap is $271.83 billion the pharmaceuticals and biotechnology company is now trading 19.82% below its yearly high ($61.25) that it held 4 months ago. So far in 2022, it has been under-performing the Dow Jones by 3.67%.

\\n

\\n
\\n

Pfizer recalls some batches of blood pressure drug over carcinogen presence https://t.co/BTDMUcwZJh pic.twitter.com/KkzfVhztcX

\\n

— Reuters (@Reuters) April 23, 2022

\\n

\\n

\\n\",\"\\n

McDonald's ended the session at $250.17 (-2%)

\\n

(Last update 10:26am EST, April 23, 2022)

\\n

\\n

Yesterday at a glance: the fast food company remained in the $250.17 range, after closing Thursday at $255.25 and dropping by 2% yesterday. Trading volume (2.62 million) was slightly greater than the last 21 day average by 109.31%.

\\n

McDonald's is scheduled to announce earnings results Thursday. The consensus Earnings Per Share estimate is 2.2 and the consensus revenue estimate is $5.6 billion.

\\n

McDonald's's graph levels to watch: McDonald's's nearest support level is at $222. In terms of trend indicators, we can see that 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 McDonald's is likely to continue pointing down in the short term.

\\n

The company's market cap is $185 billion hitting its yearly low ($222) a month ago, the fast food company has bounced back 15% since. So far in 2022, it has performed better than the Dow by 3.06%.

\\n\",\"\\n

Bitcoin hovers around $39,700

\\n

(Last update 10:26am EST, April 23, 2022)

\\n

\\n

After dropping down to $39,371, Bitcoin recovers some losses and is currently trading at $39,700.

\\n

Visual analysis of Bitcoin's price graph shows Bitcoin's resistance level is at $47,466. Asset volatility analysis shows that Bitcoin's lower Bollinger band is at $37,800, indicating a positive move might be next.

\\n

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

\\n

Bitcoin has a market cap of 755.28 billion Bitcoin is now trading 41.17% below its yearly high ($67,600) that it held 5 months ago.

\\n\",\"\\n

Gold lost 0.81% yesterday, ending at $1,932.5 per ounce

\\n

(Last update 10:26am EST, April 23, 2022)

\\n

\\n

Yesterday at a glance: light red: CME Gold closed at $1,932.5 per ounce after ranging between $1,957.8 and $1,928.

\\n

Chart pattern study shows CME Gold's immediate support is around $1,921, its resistance level is at $2,058.3. In terms of trend indicators, we can see that at $1,935.77, U.S. Gold made an initial breakout below the 50 day Simple Moving Average, an indication of a negative trend. Asset volatility analysis shows that Bollinger bands shows an indication of recovery: the lower band is at $1,907, a low enough level to, generally, suggest that CME Gold is trading below its value.

\\n

All in all, the technical analysis suggests U.S. Gold has no clear-cut direction.

\\n

Gold is now trading 5.35% below its yearly high ($2,058.3) that it held a month ago.

\\n

\\n
\\n

Mark Bristow, CEO of Barrick Gold, shared plans to cut gas emissions in order to become less dependent on hydrocarbons https://t.co/lfqM14Vs5q

\\n

— Mad Money On CNBC (@MadMoneyOnCNBC) April 22, 2022

\\n

\\n

\\n\",\"\\n

CME Oil lost 2.08% yesterday, ending at $102.3 per barrel

\\n

(Last update 10:26am EST, April 23, 2022)

\\n

\\n

Yesterday at a glance: Oil slid down from $104.48 to $102.3 per barrel, losing $2.18 (2.08%) today.

\\n

A study of Oil's chart pattern shows next closest resistance is at $114.35, while the nearest support level is at $95.18. In terms of trend indicators, we can see that at $102.29, Oil 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 Oil is likely to start pointing downward in the short term.

\\n

U.S. Oil is now trading 16.26% below its yearly high ($124.77) that it held a month ago.

\\n

\\n
\\n

Indonesia has decided to ban all exports of raw material for cooking oil, President Joko Widodo says https://t.co/s2FTEnDx4B

\\n

— Bloomberg (@business) April 23, 2022

\\n

\\n

\\n\",\"\\n

The Euro lost 0.36% yesterday, ending at 1.0797

\\n

(Last update 10:26am EST, April 23, 2022)

\\n

\\n

Yesterday at a glance: the Euro slid down from 1.0837 to 1.0797, taking a 39 pips loss (0.36%).

\\n

A chart visual study suggests the nearest support level is at 1.0776, to be followed by 1.0755. Trend indicators show us that at 1.0834, the Euro 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, it seems the Euro is likely to start pointing downward in the short term.

\\n

The Euro is now trading 0.47% above its yearly low (1.0852) that it has slumped into 5 days ago.

\\n\",\"\\n

The Pound lost 1.47% yesterday, ending at 1.2838

\\n

(Last update 11:11am EST, April 23, 2022)

\\n

\\n

Yesterday at a glance: GBP/USD went dark red after losing 191 pips, tumbling down to 1.2838.

\\n

Important graph levels to look out for: Pound/Dollar's immediate support is around 1.2755, its resistance level is at 1.3261. Trend indicators show us that although down today, it's worth noting that in earlier trading Pound/Dollar peaked above the 1.303 5 day Simple Moving Average, usually an indication that a positive move might be approaching. According to asset volatility analysis, Bollinger bands shows an indication of recovery: the lower band is at 1.2872, a low enough level to, generally, suggest that the Pound is trading below its value. Japanese Candlestick formations detected today show that "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. 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, it seems the Pound —which is currently on a downtrend— might reverse course and start pointing upward in the short term.

\\n

The British Pound is now trading 1.86% above its yearly low (1.3037) that it has slumped into a day ago.

\\n\",\"\\n

Dollar/Yen reached 128.57 after gaining 0.16% yesterday

\\n

(Last update 11:11am EST, April 23, 2022)

\\n

\\n

A quick look at yesterday: light green, mostly flat: Dollar/Yen ranged between 129.11 and 127.74 and closed at 128.57.

\\n

Chart pattern study shows Dollar/Yen's nearest support level is at 123.88. 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. According to momentum evaluation, the Relative Strength Index indicates Dollar/Yen is in an overbought condition. Despite this, although up today, it's worth noting that earlier Dollar/Yen dropped below the 5 day Simple Moving Average as it was trading at 127.84, usually an indication that a negative trend is ahead.

\\n

Overall, looking at the technical analysis landscape, it seems Dollar/Yen likely to continue pointing upward in the short term.

\\n

4 days ago Dollar/Yen has hit its yearly high point of 129.08, since than it lost 0.55%.

\\n

\\n
\\n

Japan's finance ministry official denies report Japan, U.S. discussed joint FX intervention https://t.co/AjOg2efNR3 pic.twitter.com/Cq9VvEmh6m

\\n

— Reuters (@Reuters) April 23, 2022

\\n

\\n

\\n\",\"\\n

Dollar/Swiss retraces 23 pips from 1 year high, trades at 0.9569

\\n

(Last update 11:11am EST, April 23, 2022)

\\n

\\n

Dollar/Swiss rallied to 0.9593, hitting its highest point in 1 year; it later lost 23 pips and closed at 0.9569.

\\n

A study of Dollar/Swiss's chart pattern shows Dollar/Swiss's immediate resistance is around 0.9574 and its nearest support level is at 0.9415. 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/Swiss is in an overbought condition, keep an eye out for slowdown of gains. In contrast, Dollar/Swiss's upper Bollinger band is at 0.9597, this is a slight indication of a slowdown.

\\n

Overall, looking at the technical analysis landscape, it seems Dollar/Swiss likely to continue pointing upward in the short term.

\\n

Dollar/Swiss is now trading 0.44% below its yearly high (0.9574) that it held a day ago.

\\n\",\"\\n

The Australian dollar lost 1.73% yesterday, ending at 0.7245

\\n

(Last update 11:11am EST, April 23, 2022)

\\n

\\n

Yesterday at a glance: Aussie/Dollar went dark red after losing 127 pips, tumbling down to 0.7245.

\\n

A chart visual study suggests the nearest support level is at 0.7126, to be followed by 0.71. In terms of trend indicators, we can see that at 0.7281, Aussie/Dollar made an initial breakout below the 200 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 0.7233, a low enough level to, generally, suggest that the Australian dollar is trading below its value.

\\n

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

\\n

Aussie/Dollar has hit is lowest yearly rate (0.6967) 2 months ago, since then it has recovered 5.82%.

\\n\\n\"],\"title\":\"Financial Markets Review – 23 April 2022 – 11:11:31\",\"date\":\"2022-04-23T15:11:31\"}"; var omg_ads = JSON.parse(decodeHtml(omg_ads_string)); } catch (e) { var omg_ads = JSON.parse(omg_ads_string); }