![](\\\"https://images.unsplash.com/photo-1534469589579-86bd01bc003a?ixlib=rb-1.2.1&q=80&fm=jpg&crop=entropy&cs=tinysrgb&w=1080&fit=max&ixid=eyJhcHBfaWQiOjE1NDYwM30\\\")
(Last update 7:31pm EST, February 21, 2021)
\\nAfter opening at 31,493.3, Dow Jones reached a record high of 31,647.53. Later, it lost 153.21 points and closed at 31,494.32.
\\nThe Chart pattern study shows the Dow might start to recover soon because it is getting closer 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. In terms of trend indicators, we can see that at 31,503.64, Dow Jones made an initial breakout below the 5 day Simple Moving Average, an indication of a negative trend.
\\nOverall, technical indicators suggest the Dow has no obvious direction for the immediate future.
\\nThe Dow started 2021 by gaining 2.82%.
\\n\\n
\\n\\n\\n\\n\",\"\\nDow Jumps 100 Points But Stocks Poised To End Week Down Ahead Of Stimulus And Vaccine Developments https://t.co/ciJM8Dchbu pic.twitter.com/n0yf8s1HBO
\\n— Forbes (@Forbes) February 19, 2021
(Last update 7:31pm EST, February 21, 2021)
\\nS&P Friday 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.
\\nVisual analysis of the S&P 500's price graph shows the S&P 500 might start to recover soon because it is getting close 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 made an initial breakout below the 10 day Simple Moving Average, an indication of a negative trend.
\\nOverall, the technical analysis suggests the S&P 500 is neutral for the immediate future, with no clear-cut direction.
\\nThe S&P started 2021 by gaining 3.85%.
\\n\",\"\\n(Last update 7:31pm EST, February 21, 2021)
\\nApple Friday 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 87.67 million, below the daily average of 94.61 million.
\\nVisual 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 $128.24, indicating a positive move might be next.
\\nOverall, the technical analysis suggests Apple is neutral for the immediate future, with no clear-cut direction.
\\nWith a market cap of $2.18 trillion Apple started 2021 by losing 2.17%. So far this year it is under-performing the S&P by 6%.
\\n\\n
\\n\\n\\n\\n\",\"\\nTesla is a force to be reckoned with, as Apple's iCar could be. Still Herbert Diess thinks that the electric race is Volkswagen’s to lose https://t.co/CFihvp2mm1
\\n— The Economist (@TheEconomist) February 21, 2021
(Last update 7:31pm EST, February 21, 2021)
\\nFacebook Friday at a glance – Facebook closed at $261.56 after starting the session at $269.39 and dropping early to $260.17, overall Facebook lost 2.91% of its value. Trading volume was 25.62 million, above the daily average of 17.82 million.
\\nA Visual analysis of Facebook's price graph shows the nearest support level is at $245.64 while the closest resistance is at $282.05. Asset volatility analysis shows that a slight indication of recovery comes from looking at the Bollinger bands: the lower band is at $258.59 – a low enough level to usually suggest Facebook is trading below its value.
\\nOverall, looking at the technical analysis landscape, it seems Facebook might start pointing upward in the short term.
\\nWith a market cap of $744.84 billion Facebook started 2021 by losing 4.31%. So far this year it is under-performing the S&P by 8.16%.
\\n\\n
\\n\\n\\n\\n\",\"\\nFacebook allowing Trump back would be ‘terrible mistake’: Laurence Tribe https://t.co/yj8O9NA6n3 by @MaxZahn_ and @serwer pic.twitter.com/gjdRh9dE7r
\\n— Yahoo Finance (@YahooFinance) February 21, 2021
(Last update 7:31pm EST, February 21, 2021)
\\nAmazon Friday at a glance – Amazon went dark red after losing 2.35%, tumbling down to $3,250. Trading volume was 4.31 million, above the daily average of 3.78 million.
\\nChart 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. Asset volatility analysis shows that a slight indication of recovery comes from looking at the Bollinger bands: the lower band is at $3,200.46 – a low enough level to usually suggest Amazon is trading below its value. On the other hand, note that at $3,297, Amazon made an initial breakout below the 21 day Simple Moving Average, an indication of a negative trend.
\\nOverall, 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.
\\nWith a market cap of $1.64 trillion Amazon has started 2021 by losing 0.21%. So far this year it is under-performing the S&P 500 by 4.06%.
\\n\\n
\\n\\n\\n\\n\",\"\\nBots, fake reviews, and bad actors? Here's the flaw with Amazon's notorious review system. https://t.co/rmWnYOlsTT pic.twitter.com/Eg2vjoQ2SG
\\n— CNBC (@CNBC) February 21, 2021
(Last update 7:56pm EST, February 21, 2021)
\\nMicrosoft Friday at a glance – Microsoft remained in the $240.97 range after starting the session at $243.79 and dropping 1.16%. Trading volume was 25.26 million, above the daily average of 20.88 million.
\\nVisual analysis of the Microsoft's price graph shows 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.
\\nOverall, looking at the technical analysis landscape, it seems Microsoft is likely to continue pointing down in the short term.
\\nWith 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(Last update 7:56pm EST, February 21, 2021)
\\nGoogle Friday 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 1.46 million, above the daily average of 1.14 million.
\\nThe chart pattern study 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.
\\nOverall, looking at the technical analysis landscape, it seems Google is likely to continue pointing down in the short term.
\\nWith 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\\n\\n\\n\",\"\\nGoogle's program for Black college students suffered disorganization and culture clashes, former participants say https://t.co/kd0dfrVUwC
\\n— CNBC (@CNBC) February 21, 2021
(Last update 7:56pm EST, February 21, 2021)
\\nTesla Friday at a glance – Tesla slid down from $787.38 to $781.3, taking a $6.08 loss (0.77%). Trading volume was 18.96 million, below the daily average of 21.80 million.
\\nVisual analysis of the Tesla's price graph shows Tesla's immediate support is around $773.52, 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. In contrast, The Relative Strength Index indicates Tesla is in strong oversold condition.
\\nOverall, 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.
\\nWith 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\\n\\n\\n\",\"\\nFutures tilt higher with margin debt is growing concern. Tesla drops Model Y SR+ after launching last month AND trims Model 3 and Y LR prices. https://t.co/RhtJCEt1II #BTC $TSLA $MSFT $SHLS $QRVO $MXL pic.twitter.com/yvLRxNviUn
\\n— Ed Carson (@IBD_ECarson) February 22, 2021
(Last update 7:56pm EST, February 21, 2021)
\\nZoom Friday at a glance – A mostly flat day for Zoom as it ranged between $426 and $414.5 and closed at $417.26. Trading volume was 2.20 million, below the daily average of 4.20 million.
\\nThe Chart pattern study shows 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.
\\nOverall, the technical analysis suggests Zoom is neutral for the immediate future, with no clear-cut direction.
\\nWith 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
\\n\\n\\n\\n\",\"\\nWATCH: GOP Rep. Lauren Boebert responds to Democratic Congressman after he slams her “gun fetish” Zoom background during meeting https://t.co/MZqEbcmEXb pic.twitter.com/3BR9BUy6QE
\\n— Forbes (@Forbes) February 20, 2021
(Last update 7:56pm EST, February 21, 2021)
\\nNetflix Friday at a glance – Netflix remained in the $540.22 range after starting the session at $548.22 and dropping 1.46%. Trading volume was 2.84 million, above the daily average of 2.78 million.
\\nThe chart pattern study shows Netflix might start to recover soon because it is getting closer 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. However, 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.
\\nOverall, 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.
\\nWith 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 by 3.94%.
\\n\\n
\\n\\n\\n\\n\",\"\\nWATCH: Spanish chess board maker Rechapados Ferrer discovered by chance that its products played a role in hit Netflix series ‘The Queen's Gambit.’ The company has already doubled its annual orders and has now moved any new orders to 2022 https://t.co/GMgrPUOwIF pic.twitter.com/fHLYpqfhY1
\\n— Reuters (@Reuters) February 21, 2021
(Last update 7:21pm EST, February 21, 2021)
\\nWalmart Friday at a glance – Small gains for Walmart at $138.34 after ranging between $137.67 and $139.42. Trading volume was 12.20 million, above the daily average of 9.46 million.
\\nThursday, 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 $8.86
\\nChart visual study suggests Walmart reversed direction at $139.27 resistance zone and retreated back 93 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. Momentum evaluation shows The Relative Strength Index indicates Walmart is in oversold condition, allowing more gains. On the other hand, note that the lower Bollinger band is at $136.73, indicating further gains might be next. "Bullish harami”, 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.
\\nOverall, looking at the technical analysis landscape, it seems a reverse of course in the short term might be next for Walmart.
\\nWith a market cap of $391.40 billion Walmart started 2021 by losing 4.22%. So far this year it is under-performing the Dow Jones by 7.04%.
\\n\\n
\\n\\n\\n\\n\",\"\\nWalmart 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/rw7UvACMjj
\\n— Yahoo Finance (@YahooFinance) February 21, 2021
(Last update 7:21pm EST, February 21, 2021)
\\nProcter & Gamble Friday at a glance – Procter & Gamble remained in the $127.12 range after starting the session at $129.53 and dropping 1.86%. Trading volume was 8.28 million, above the daily average of 7.34 million.
\\nVisual analysis of the Procter & Gamble's price graph shows Procter & Gamble's immediate support is around $126.28, 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 $126.7 – a low enough level to usually suggest Procter & Gamble is trading below its value.
\\nOverall, the technical analysis suggests Procter & Gamble is neutral for the immediate future, with no clear-cut direction.
\\nWith a market cap of $313.03 billion Procter & Gamble started 2021 by losing 9.28%. So far this year it is under-performing the Dow by 12.1%.
\\n\",\"\\n(Last update 7:21pm EST, February 21, 2021)
\\nWalt Disney Friday at a glance – light green but with no clear-cut direction, Walt Disney closed at $183.65 after it ranged between $184.77 and $182.79. Trading volume was 8.84 million, below the daily average of 13.44 million.
\\nVisual analysis of the Walt Disney's price graph shows Walt Disney's immediate resistance is around $184.69, nearest support level is at $163.03. Asset volatility analysis shows that the lower Bollinger band is at $180.31, indicating further gains might be next.
\\nOverall, looking at the technical analysis landscape, it seems Walt Disney might continue pointing upwards in the short term.
\\nWith a market cap of $333.37 billion Walt Disney started in 2021 by gaining 1.35%. So far this year it is under-performing the Dow Jones by 1.47%.
\\n\",\"\\n(Last update 7:21pm EST, February 21, 2021)
\\nCoca-Cola Friday at a glance – Coca-Cola slid down from $50.77 to $50.11, losing 66 cents (1.3%). Trading volume was 15.97 million, around the average daily.
\\nA Visual analysis of the Coca-Cola's price graph 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. Asset volatility analysis shows that the upper Bollinger band is at $50.85, indicating a further downward move might be next.
\\nOverall, looking at the technical analysis landscape, it seems Coca-Cola is likely to continue pointing down in the short term.
\\nWith a market cap of $215.57 billion Coca-Cola started 2021 by losing 9.32%. So far this year it is under-performing the Dow by 12.14%.
\\n\\n
\\n\\n\\n\\n\",\"\\nCoca-Cola Zero Sugar will be the company's biggest source of growth in 2021, CEO says https://t.co/zf1ak0pskT
\\n— CNBC (@CNBC) February 19, 2021
(Last update 7:21pm EST, February 21, 2021)
\\nPfizer Friday at a glance – Pfizer recovered back almost all the way to $34.56 after dipping down to $34.4. Trading volume was 28.18 million, below the daily average of 28.63 million.
\\nThe Chart visual study suggests Pfizer's immediate support is around $34.33, 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 $35.07, indicating a further downward move might be next.
\\nOverall, looking at the technical analysis landscape, it seems Pfizer is likely to continue pointing down in the short term.
\\nWith a market cap of $191.43 billion Pfizer started 2021 by losing 6.86%. So far this year it is under-performing the Dow by 9.68%.
\\n\\n
\\n\\n\\n\\n\",\"\\nThe Pfizer and BioNTech vaccine appeared to stop the vast majority of recipients in Israel becoming infected, providing the first real-world indication that the immunization will curb transmission of Covid https://t.co/s2DH6uzsvR
\\n— Bloomberg (@business) February 21, 2021
(Last update 7:56pm EST, February 21, 2021)
\\nMcDonald's Friday at a glance – McDonald's remained in the $212.24 range after starting the session at $215.43 and dropping 1.48%. Trading volume was 3.18 million, around the average daily.
\\nThe Chart visual study suggests 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.
\\nOverall, looking at the technical analysis landscape, it seems McDonald's might start pointing upward in the short term.
\\nWith a market cap of $158.14 billion McDonald's started 2021 by losing 1.09%. So far this year it is under-performing the Dow by 3.91%.
\\n\",\"\\n(Last update 7:56pm EST, February 21, 2021)
\\nAfter opening at $56,954, Bitcoin reached a record high of $57,532. Later, it lost $915 and is now trading at $56,618.
\\nMomentum evaluation shows The Relative Strength Index indicates Bitcoin is in overbought condition.
\\nOverall, looking at the technical analysis landscape, it seems Bitcoin might start pointing upward in the short term.
\\nWith a market cap of 1.06 trillion
\\n\\n
\\n\\n\\n\\n\",\"\\nBitcoin hits fresh high https://t.co/daxldn8MNT pic.twitter.com/3gzGgIpuh7
\\n— Reuters (@Reuters) February 21, 2021
(Last update 7:56pm EST, February 21, 2021)
\\nStart of session at a glance – After starting the session at $1,777.4 Gold spiked to $1,787.4, dropped back to starting point range, now rallying again to 1,784.
\\nVisual analysis of Gold's price graph shows Gold is eyeing resistance at $1,789 and is now only $4.9 away, whilst this indicates a slow down or reverse of direction around $1,789, crossing it might suggest a prolonged positive move. 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 $1,763.34, indicating further gains might be next.
\\nOverall, looking at the technical analysis landscape, it seems a reverse of course in the short term might be next for Gold.
\\nGold started 2021 by losing 6.6%.
\\n\\n
\\n\\n\\n\\n\",\"\\nRussia is on track for a blockbuster year of share sales, led by gold miners, e-commerce companies and other firms emerging stronger from the pandemic https://t.co/dGnQjKS4GL
\\n— Bloomberg (@business) February 21, 2021
(Last update 7:56pm EST, February 21, 2021)
\\nStart of session at a glance – With a daily low of $58.82, Oil holds at $59.7 after starting the day at $59.24 and gaining 46 cents (0.78%).
\\nThe Chart visual study suggests crude could be slowing down soon as it is approaching and is only $1.44 away from resistance at $61.14, of course, crossing it might suggest further gains are ahead. In terms of trend indicators, we can see that at $59.62, Crude made an initial breakout above the 10 day Simple Moving Average, an indication of a positive trend.
\\nOverall, technical indicators suggest crude oil has no obvious direction for the immediate future.
\\nCrude oil started in 2021 by gaining 18.1%.
\\n\\n
\\n\\n\\n\\n\",\"\\nOil refineries released tons of air pollutants into the skies over Texas as refiners shut down plants and scrambled to prevent damage by flaring after an arctic air mass spread into a region unused to frigid temperatures https://t.co/9vXtIyomy1 pic.twitter.com/jMIPMtGXR1
\\n— Reuters (@Reuters) February 22, 2021
(Last update 7:56pm EST, February 21, 2021)
\\nStart of session at a glance – After starting the day at 1.2126 EUR/USD went up to 1.2136 only to drop back to the half way point range and is now trading at 1.2132.
\\nThe Chart visual study suggests the Euro/Dollar nearest support level is at 1.1969. Asset volatility analysis shows that the upper Bollinger band is at 1.221, indicating a downward move might be next.
\\nOverall, looking at the technical analysis landscape, it seems the Euro/Dollar is likely to start pointing downward in the short term.
\\nThe Euro started 2021 by losing 0.17%.
\\n\",\"\\n(Last update 8:11pm EST, February 21, 2021)
\\nStart of session at a glance – After starting the day at 1.4009 GBP/USD went up to 1.4043 only to drop back to the half way point range and is now trading at 1.4034.
\\nThe Chart visual study suggests the Pound immediate resistance is around 1.41, nearest support level is at 1.3582. Momentum evaluation shows the Relative Strength Index indicates the Pound/Dollar is in overbought condition, keep an eye out for a slowdown of gains. Asset volatility analysis shows that the upper Bollinger band is at 1.4132, This is a slight indication of a slowdown.
\\nOverall, technical indicators suggest the British Pound has no obvious direction for the immediate future.
\\nThe British Pound started in 2021 by gaining 3.11%.
\\n\\n
\\n\\n\\n\\n\",\"\\nWATCH: London Zoo, one of the biggest tourist attractions in the UK's capital is fighting for its survival with monthly losses of around $1.4 million https://t.co/sKAY9sX0Hk pic.twitter.com/PzJUDB8wNg
\\n— Reuters (@Reuters) February 22, 2021
(Last update 8:11pm EST, February 21, 2021)
\\nStart of session at a glance – With a daily low of 105.32, USD/JPY holds at 105.48 after starting the day at 105.41 and gaining 7 pips (0.07%).
\\nIn terms of trend indicators, we can see that at 105.48, dollar/yen made an initial breakout below the 3 day Simple Moving Average, an indication of a negative trend. Asset volatility analysis shows that the upper Bollinger band is at 106.16, indicating a downward move might be next. However, dollar/yen might start to recover soon because it is getting closer and is now only 93 pips from the support line at 104.55, Obviously, dipping below it could be an indication that further losses are ahead.
\\nOverall, looking at all the technical indicators, it seems the Yen might be pointing down in the short term.
\\nThe Dollar/Yen started 2021 by gaining 2.21%.
\\n\\n
\\n\\n\\n\\n\",\"\\nJapan Airlines and ANA have been ordered to ground their Boeing 777 planes after an engine failure on a United Airlines jet Saturday https://t.co/6nrdjKNQM1
\\n— Bloomberg (@business) February 22, 2021
(Last update 8:11pm EST, February 21, 2021)
\\nStart of session at a glance – After starting the session at 0.8963 USD/CHF spiked to 0.8974, dropped back to starting point range, now rallying again to 0.8967.
\\nThe Chart visual study suggests the Swiss franc resistance level is at 0.9042. Momentum evaluation shows the Relative Strength Index has gone up above 30 – exiting oversold conditions and indicating a slowdown of gains. Asset volatility analysis shows that the upper Bollinger band is at 0.9066, indicating a downward move might be next.
\\nOverall, technical indicators suggest the Dollar/Swiss has no obvious direction for the immediate future.
\\nThe Swiss franc started in 2021 by gaining 0.58%.
\\n\",\"\\n(Last update 8:11pm EST, February 21, 2021)
\\nAfter opening at 0.7872, AUD/USD reached 0.79, breaking a 2 year record. Later, it lost 7 pips and is now trading at 0.7892.
\\nThe Chart visual study suggests Aussie/Dollar immediate resistance is around 0.79, nearest support level is at 0.778. 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 Australian dollar is in strong overbought condition. However, the upper Bollinger band is at 0.7937, This is a slight indication of a slowdown.
\\nOverall, looking at the technical analysis landscape, it seems the Aussie/Dollar likely to continue pointing upward in the short term.
\\nThe Australian dollar started in 2021 by gaining 2.6%.
\\n\\n
\\n\\n\\n\\n\\n\"],\"title\":\"Financial Markets Review – 21 February 2021 – 20:11:41\",\"date\":\"2021-02-22T01:11:41\"}"; var omg_ads = JSON.parse(decodeHtml(omg_ads_string)); } catch (e) { var omg_ads = JSON.parse(omg_ads_string); }Fitch Affirms Australia At 'AAA'; Outlook Negative https://t.co/YtMXq0GRjH
\\n— LiveSquawk (@LiveSquawk) February 21, 2021
![](\\\"https://images.unsplash.com/photo-1599566530569-68774cad9cfc?ixlib=rb-1.2.1&q=80&fm=jpg&crop=entropy&cs=tinysrgb&w=1080&fit=max&ixid=eyJhcHBfaWQiOjE1NDYwM30\\\")
![](\\\"https://images.unsplash.com/photo-1503852460961-aa7ffdd3d64d?ixlib=rb-1.2.1&q=80&fm=jpg&crop=entropy&cs=tinysrgb&w=1080&fit=max&ixid=eyJhcHBfaWQiOjE1NDYwM30\\\")
![](\\\"https://images.unsplash.com/photo-1596526131158-52be64dcc208?ixlib=rb-1.2.1&q=80&fm=jpg&crop=entropy&cs=tinysrgb&w=1080&fit=max&ixid=eyJhcHBfaWQiOjE1NDYwM30\\\")
![](\\\"https://images.unsplash.com/photo-1523474253046-8cd2748b5fd2?ixlib=rb-1.2.1&q=80&fm=jpg&crop=entropy&cs=tinysrgb&w=1080&fit=max&ixid=eyJhcHBfaWQiOjE1NDYwM30\\\")
![](\\\"https://images.unsplash.com/photo-1530133532239-eda6f53fcf0f?ixlib=rb-1.2.1&q=80&fm=jpg&crop=entropy&cs=tinysrgb&w=1080&fit=max&ixid=eyJhcHBfaWQiOjE1NDYwM30\\\")
![](\\\"https://images.unsplash.com/photo-1529612700005-e35377bf1415?ixlib=rb-1.2.1&q=80&fm=jpg&crop=entropy&cs=tinysrgb&w=1080&fit=max&ixid=eyJhcHBfaWQiOjE1NDYwM30\\\")
![](\\\"https://images.unsplash.com/photo-1572191267783-5618f992aff5?ixlib=rb-1.2.1&q=80&fm=jpg&crop=entropy&cs=tinysrgb&w=1080&fit=max&ixid=eyJhcHBfaWQiOjE1NDYwM30\\\")
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![](\\\"https://images.unsplash.com/photo-1586899028174-e7098604235b?ixlib=rb-1.2.1&q=80&fm=jpg&crop=entropy&cs=tinysrgb&w=1080&fit=max&ixid=eyJhcHBfaWQiOjE1NDYwM30\\\")
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