![](\\\"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 12:51am EST, March 4, 2021)
\\nThe Dow yesterday at a glance – light red, Dow Jones closed at 31,270 after ranging between 31,563 and 31,260.
\\nImportant graph levels to look out for: the Dow might start to recover soon because it is getting close and is now only 81.71 points from the support line at 31,200, 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. Asset volatility analysis shows that a slight indication of recovery comes from looking at the Bollinger bands: the lower band is at 31,000 – a low enough level to usually suggest the Dow is trading below its value. In contrast, at 31,300, Dow 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 Dow Jones might reverse course and start pointing upward in the short term.
\\nThe Dow Jones started 2021 by gaining 2.11%.
\\n\\n
\\n\\n\\n\\n\",\"\\nThe Dow and S&P 500 fell, with Microsoft, Apple and Amazon weighing on the S&P more than any other stocks https://t.co/TFNpBdnTfE pic.twitter.com/h6epNoRcnm
\\n— Reuters Business (@ReutersBiz) March 4, 2021
(Last update 12:51am EST, March 4, 2021)
\\nS&P yesterday at a glance – S&P 500 slid down from 3,870.29 to 3,819.72, losing 50.57 points (1.31%).
\\nThe Chart visual study suggests the S&P might start to recover soon because it is getting close and is now only 8.57 points from the support line at 3,811, Obviously, dipping below it could be an indication that further losses are ahead. In terms of trend indicators, we can see that at 3,867.61, S&P 500 made an initial breakout below the 5 day Simple Moving Average, an indication of a negative trend. 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. Asset volatility analysis shows that a slight indication of recovery comes from looking at the Bollinger bands: the lower band is at 3,810 – a low enough level to usually suggest the S&P is trading below its value.
\\nOverall, technical indicators suggest the S&P 500 has no obvious direction for the immediate future.
\\nThe S&P 500 started 2021 by gaining 1.64%.
\\n\",\"\\n(Last update 12:51am EST, March 4, 2021)
\\nApple yesterday at a glance – the mobile and tech colossus slid down from $125.12 to $122.06, taking a $3.06 loss (2.45%). Trading volume was 112.97 million, above the daily average of 101.46 million.
\\nImportant graph levels to look out for: Apple immediate support is around $120.7, resistance level is at $143.16. In terms of trend indicators, we can see that at $124.1, Apple made an initial breakout below the 5 day Simple Moving Average, an indication of a negative trend. Momentum evaluation shows The Relative Strength Index indicates Apple is in oversold condition, allowing more gains. However, the MACD line is below the MACD signal line significantly, meaning the medium-term trend might turn positive.
\\nOverall, 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 Apple.
\\nwith a market cap of $2.05 trillion, The sleek phone manufacturer started in 2021 by losing 8.5%. So far this year it is under-performing the S&P by 10.14%.
\\n\\n
\\n\\n\\n\\n\",\"\\nThe Dow and S&P 500 fell, with Microsoft, Apple and Amazon weighing on the S&P more than any other stocks https://t.co/TFNpBdnTfE pic.twitter.com/h6epNoRcnm
\\n— Reuters Business (@ReutersBiz) March 4, 2021
(Last update 12:51am EST, March 4, 2021)
\\nFacebook yesterday at a glance – Mark Zuckerberg's company slid down from $259 to $255.41, taking a $3.59 loss (1.39%). Trading volume was 15.51 million, below the daily average of 17.11 million.
\\nThe Chart visual study suggests the nearest support level is at $245.64, while the closest resistance is at $273.97. In terms of trend indicators, we can see that at $260.08, Facebook made an initial breakout below the 200 day Simple Moving Average, an indication of a negative 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. In contrast, a slight indication of recovery comes from looking at the Bollinger bands: the lower band is at $251.66 – a low enough level to usually suggest Facebook is trading below its value.
\\nOverall, 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 Facebook.
\\nwith a market cap of $727.32 billion, Mark Zuckerberg's company started 2021 by losing 6.85%. So far this year it is under-performing the S&P by 8.49%.
\\n\\n
\\n\\n\\n\\n\",\"\\nFacebook lifts ban on political ads https://t.co/9CI05oQLr1 pic.twitter.com/t0NVS2ra8i
\\n— Forbes (@Forbes) March 4, 2021
(Last update 12:51am EST, March 4, 2021)
\\nAmazon yesterday at a glance – the tech and retail multifaceted giant went dark red after losing 2.89%, tumbling down to $3,005. Trading volume was 3.99 million, above the daily average of 3.28 million.
\\nThe Chart visual study suggests Amazon's immediate support is around $2,964, resistance level is at $3,380. In terms of trend indicators, we can see that at $3,084.75, Amazon made an initial breakout below the 200 day Simple Moving Average, an indication of a negative 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. Momentum evaluation shows The Relative Strength Index indicates Amazon is in oversold condition, allowing more gains. On the other hand, note that a slight indication of recovery comes from looking at the Bollinger bands: the lower band is at $2,984.67 – a low enough level to usually suggest Amazon is trading below its value.
\\nOverall, 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 Amazon.
\\nwith a market cap of $1.51 trillion, Jeff Bezos’s company started 2021 by losing 8.14%. So far this year it is under-performing the S&P 500 by 9.78%.
\\n\\n
\\n\\n\\n\\n\",\"\\nAmazon's first cashierless store arrives in Britain in sign of global expansion https://t.co/lEdRrxCNvQ pic.twitter.com/0quBRT71Qz
\\n— Reuters (@Reuters) March 4, 2021
(Last update 11:41pm EST, March 3, 2021)
\\nMicrosoft yesterday at a glance – the iconic OS developer went dark red after losing 2.7%, tumbling down to $227.56. Trading volume was 34.03 million, above the daily average of 29.27 million.
\\nThe Chart pattern study shows Microsoft's immediate support is around $225.37, resistance level is at $245. In terms of trend indicators, we can see that at $229.42, Microsoft made an initial breakout below the 50 day Simple Moving Average, an indication of a negative trend. The MACD line is below the MACD signal line significantly, meaning the medium-term trend might turn positive. Momentum evaluation shows The Relative Strength Index indicates Microsoft is in oversold condition, allowing more gains. Asset volatility analysis shows that a slight indication of recovery comes from looking at the Bollinger bands: the lower band is at $224.22 – a low enough level to usually suggest Microsoft is trading below its value.
\\nOverall, the technical analysis suggests Microsoft is neutral for the immediate future, with no clear-cut direction.
\\nWith a market cap of $1.72 trillion, The iconic OS developer has started 2021 by gaining 2.2%. So far this year it is outperforming the Dow by 0.08%.
\\n\\n
\\n\\n\\n\\n\",\"\\nThe Dow and S&P 500 fell, with Microsoft, Apple and Amazon weighing on the S&P more than any other stocks https://t.co/FigSDVZDE1 pic.twitter.com/wjxSajGZaq
\\n— Reuters (@Reuters) March 4, 2021
(Last update 11:41pm EST, March 3, 2021)
\\nGoogle yesterday at a glance – the search engine giant went dark red after losing 2.37%, tumbling down to $2,026.71. Trading volume was 1.48 million, around the average daily.
\\nImportant graph levels to look out for: nearest support level is at $1,917.24, while the closest resistance is at $2,128.31. In terms of trend indicators, we can see that at $2,069.34, Google made an initial breakout below the 21 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 $2,005.29 – a low enough level to usually suggest Google is trading below its value.
\\nOverall, the technical analysis suggests Google is neutral for the immediate future, with no clear-cut direction.
\\nWith a market cap of $1.36 trillion, The leading search engine company started 2021 by gaining 13.24%. So far this year it is outperforming the S&P by 11.59%.
\\n\\n
\\n\\n\\n\\n\",\"\\nSome ad executives are expressing cautious optimism that Google's user-tracking change will be good for consumers while others worry it will increase the tech giant's industry stranglehold https://t.co/R7rvu3tnFk
\\n— The Wall Street Journal (@WSJ) March 4, 2021
(Last update 11:41pm EST, March 3, 2021)
\\nTesla yesterday at a glance – the trendy electric car company slid down from $686.44 to $653.2, taking a $33.24 loss (4.84%). Trading volume was 30.21 million, below the daily average of 33.74 million.
\\nThe Chart visual study suggests Tesla's immediate support is around $636.42, resistance level is at $883.09. In terms of trend indicators, we can see that although down today, it's worth noting that at $693.46 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 $620.54 – a low enough level to usually suggest Tesla is trading below its value. However, the Relative Strength Index indicates Tesla is in oversold condition, allowing more gains.
\\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 $626.98 billion, Elon Musk's electric cars company started in 2021 by losing 7.64%. So far this year it is under-performing the Nasdaq by 8.46%.
\\n\\n
\\n\\n\\n\\n\",\"\\nTesla’s Model 3 sales appear to be taking off in Japan since it cut prices last month https://t.co/CZ4VGk5eHJ
\\n— Bloomberg (@business) March 4, 2021
(Last update 11:41pm EST, March 3, 2021)
\\nZoom yesterday at a glance – the video communications platform provider went dark red after losing 8.37%, tumbling down to $341.57. Trading volume was 15.53 million, above the daily average of 7.10 million.
\\nMonday, Zoom released its quarterly earnings, beating analysts' estimates. The company reported earnings of 1.22 per share on revenue of $882.49 million, topping estimates of 0.7913 per share on revenue of $811.68 million. Since the release of its earnings report, Zoom lost 8.58%.
\\nA study of Zoom's chart pattern shows Zoom's immediate support is around $325.97, resistance level is at $444.51. In terms of trend indicators, we can see that at $356.64, Zoom made an initial breakout below the 200 day Simple Moving Average, an indication of a negative 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. Momentum evaluation shows The Relative Strength Index indicates Zoom is in oversold condition, allowing more gains. However, a slight indication of recovery comes from looking at the Bollinger bands: the lower band is at $331.2 – a low enough level to usually suggest Zoom is trading below its value.
\\nOverall, 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 Zoom.
\\nwith a market cap of $99.70 billion, The video communications platform provider started in 2021 by gaining 1.14%. So far this year it is outperforming the Nasdaq by 0.32%.
\\n\\n
\\n\\n\\n\\n\",\"\\nCathie Wood Pounds Table on Zoom, Calls Stock Undervalued $ZM pic.twitter.com/iJ0ysvucAZ
\\n— Benzinga (@Benzinga) March 3, 2021
(Last update 11:41pm EST, March 3, 2021)
\\nNetflix yesterday at a glance – the streaming heavyweight dropped 4.95% early on and stayed at the $520.7 range. Trading volume was 5.36 million, above the daily average of 3.51 million.
\\nImportant graph levels to look out for: Netflix immediate support is around $509.67, resistance level is at $563.59. In terms of trend indicators, we can see that at $536.11, Netflix made an initial breakout below the 50 day Simple Moving Average, an indication of a negative 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. However, a slight indication of recovery comes from looking at the Bollinger bands: the lower band is at $519.04 – a low enough level to usually suggest Netflix is trading below its value.
\\nOverall, 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 Netflix.
\\nwith a market cap of $230.62 billion, The streaming company started 2021 by losing 3.66%. So far this year it is under-performing the S&P 500 by 5.31%.
\\n\\n
\\n\\n\\n\\n\",\"\\nPiracy is becoming a huge problem for Disney, Netflix, and other streamers in Southeast Asia https://t.co/gRvsdU7QyU
\\n— Businessweek (@BW) March 4, 2021
(Last update 11:31pm EST, March 3, 2021)
\\nAfter starting yesterday at $130.11, the warehouse store chain company dropped $2.52 to $127.55, reaching its lowest point in 7 months.
\\nImportant graph levels to look out for: Walmart immediate support is around $126.78, resistance level is at $139.27. 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 strong oversold condition.
\\nOverall, looking at the technical analysis landscape, it seems Walmart is likely to continue pointing down in the short term.
\\nWith a market cap of $360.99 billion, The discount department and warehouse stores chain started in 2021 by losing 12.73%. So far this year it is under-performing the Dow by 14.85%.
\\n\\n
\\n\\n\\n\\n\",\"\\nWalmart searching for new supply chain officer as Smith departs https://t.co/K8YUw9nDYr
\\n— Bloomberg (@business) March 4, 2021
(Last update 11:31pm EST, March 3, 2021)
\\nProcter & Gamble yesterday at a glance – the consumer goods company recovered some but not all the way back to $123.9 after dipping down to $122.78. Trading volume was 7.12 million, below the daily average of 8.92 million.
\\nVisual analysis of the Procter & Gamble's price graph shows Procter & Gamble's immediate support is around $122.57, resistance level is at $128.21. In terms of trend indicators, we can see that although down today, it's worth noting that at $123.91 Procter & Gamble 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 $121.54 – a low enough level to usually suggest Procter & Gamble is trading below its value. On the other hand, note that the Relative Strength Index indicates Procter & Gamble 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 Procter & Gamble might reverse course and start pointing upward in the short term.
\\nWith a market cap of $303.28 billion, The consumer goods company started 2021 by losing 12.9%. So far this year it is under-performing the Dow by 15%.
\\n\",\"\\n(Last update 11:31pm EST, March 3, 2021)
\\nWalt Disney yesterday at a glance – light red but with no clear-cut direction, the entertainment and content production company closed the session at $192.26 after ranging between $196.81 and $192.21. Trading volume was 8.40 million, below the daily average of 13.54 million.
\\nA study of Walt Disney's chart pattern shows Walt Disney's nearest support level is at $163.03. In terms of trend indicators, we can see that at $193.29, Walt Disney made an initial breakout below the 5 day Simple Moving Average, an indication of a negative trend.
\\nOverall, looking at the technical analysis landscape, it seems Walt Disney is likely to continue pointing down in the short term.
\\nWith a market cap of $349.00 billion, The entertainment and content production company started in 2021 by gaining 5.71%. So far this year it is outperforming the Dow by 3.59%.
\\n\",\"\\n(Last update 11:31pm EST, March 3, 2021)
\\nCoca-Cola yesterday at a glance – After starting the day at $50.1, Coca-Cola went up to $50.55 only to drop back to the starting point and close at $49.98. Trading volume was 14.83 million, below the daily average of 15.21 million.
\\nA study of Coca-Cola's graph shows key levels to watch: the nearest support level is at $48.15, while the closest resistance is at $50.77. In terms of trend indicators, we can see that although down today, it's worth noting that at $50.21 Coca-Cola did peak above the 10 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 $49.21 – a low enough level to usually suggest Coca-Cola is trading below its value.
\\nOverall, looking at the technical analysis landscape, it seems Coca-Cola might start pointing upward in the short term.
\\nWith a market cap of $215.38 billion, The soft drinks giant started in 2021 by losing 9.7%. So far this year it is under-performing the Dow by 11.82%.
\\n\",\"\\n(Last update 11:31pm EST, March 3, 2021)
\\nThe pharmaceuticals and biotechnology company closed at $34.39 after it made its largest daily jump (88 cents) since December 2020
\\nAn analysis of the Pfizer chart suggests the nearest resistance level is at $36.48, followed by $37.31 at the next level. In terms of trend indicators, we can see that at $34.03, Pfizer 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 $34.76, This is a slight indication of a slowdown.
\\nOverall, the technical analysis suggests Pfizer is neutral for the immediate future, with no clear-cut direction.
\\nWith a market cap of $191.81 billion, The pharmaceuticals and biotechnology company started 2021 by losing 7.37%. So far this year it is under-performing the Dow Jones by 9.49%.
\\n\\n
\\n\\n\\n\\n\",\"\\nRaging pandemic shuts down Sao Paulo as Brazil nears Pfizer deal https://t.co/ayDcOiYiPc pic.twitter.com/2tPEmLOjIf
\\n— Reuters (@Reuters) March 4, 2021
(Last update 12:41am EST, March 4, 2021)
\\nMcDonald's yesterday at a glance – the fast food giant slid down from $208.67 to $205.82, taking a $2.85 loss (1.37%). Trading volume was 3.49 million, above the daily average of 3.03 million.
\\nImportant graph levels to look out for: McDonald's immediate support is around $204.63, resistance level is at $215.98. In terms of trend indicators, we can see that at $207.61, McDonald's made an initial breakout below the 200 day Simple Moving Average, an indication of a negative 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. In contrast, a slight indication of recovery comes from looking at the Bollinger bands: the lower band is at $205.43 – a low enough level to usually suggest McDonald's is trading below its value.
\\nOverall, 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 McDonald's
\\nwith a market cap of $153.45 billion, The fast food giant started in 2021 by losing 4.2%. So far this year it is under-performing the Dow by 6.32%.
\\n\",\"\\n(Last update 12:41am EST, March 4, 2021)
\\nCurrently light red but with no clear-cut direction, Bitcoin is trading at $49,573 after ranging today between $51,670 and $49,145.
\\nImportant graph levels to look out for: Bitcoin immediate support is around $48,363, resistance level is at $57,540. In terms of trend indicators, we can see that at $49,627, Bitcoin made an initial breakout below the 21 day Simple Moving Average, an indication of a negative trend.
\\nOverall, looking at the technical analysis landscape, it seems Bitcoin is likely to continue pointing down in the short term.
\\nWith a market cap of 924.25 billion, Bitcoin started in 2021 by gaining 39.51%.
\\n\\n
\\n\\n\\n\\n\",\"\\nThis Has Gone Up More Than Bitcoin, And Retirees Should Take Notice https://t.co/UXURezGjy2 pic.twitter.com/06vniQTMYu
\\n— Forbes (@Forbes) March 4, 2021
(Last update 12:41am EST, March 4, 2021)
\\nGold slid down from $1,715.8 to $1,712.8, losing $3 (0.17%).
\\nThe Chart pattern study shows Gold's immediate support is around $1,701.73, resistance level is at $1,806.7. 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 Gold is in oversold condition, allowing more gains. In contrast, a slight indication of recovery comes from looking at the Bollinger bands: the lower band is at $1,701.57 – a low enough level to usually suggest Gold is trading below its value.
\\nOverall, 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 Gold.
\\nGold started 2021 by losing 10.47%.
\\n\",\"\\n(Last update 12:41am EST, March 4, 2021)
\\nAfter starting the day at $61.28 crude oil went up to $61.89 only to drop back, yet is still positive overall today, trading now at $61.63.
\\nThe chart visual study suggests crude oil could be slowing down soon because it is getting closer and is now only $1.9 from the resistance line at $63.53, yet crossing it might suggest further gains are ahead. Asset volatility analysis shows that the upper Bollinger band is at $63.38, This is a slight indication of a slowdown. In contrast, at $61.11, crude oil made an initial breakout above the 10 day Simple Moving Average, an indication of a positive trend.
\\nOverall, looking at the technical analysis landscape, it seems a reverse of course in the short term might be next for crude oil.
\\nCrude oil started 2021 by gaining 20.71%.
\\n\\n
\\n\\n\\n\\n\",\"\\nBREAKING: Yemen’s Houthi rebels said they attacked a Saudi oil facility in the port city of Jiddah on Thursday https://t.co/dNJMoNGcEN
\\n— Bloomberg (@business) March 4, 2021
(Last update 12:41am EST, March 4, 2021)
\\nEUR/USD is sliding down from 1.2067 to 1.2063, taking a 4 pip loss (0.04%).
\\nImportant graph levels to look out for: Euro might start to recover soon because it is getting close and is now only 93 pips from the support line at 1.1969, Obviously, dipping below it could be an indication that further losses are ahead. Asset volatility analysis shows that the lower Bollinger band is at 1.2022, indicating a positive move might be next.
\\nOverall, looking at the technical analysis landscape, it seems the Euro/Dollar might start pointing upward in the short term.
\\nThe Euro/Dollar started 2021 by losing 1.1%.
\\n\\n
\\n\\n\\n\\n\",\"\\nMany international travelers will likely need to prove they are vaccinated or free of Covid-19 if they plan trips later this year, after the EU and China both said they would move ahead with plans for vaccine passports https://t.co/vYVbHkCmo3
\\n— The Wall Street Journal (@WSJ) March 4, 2021
(Last update 1:11am EST, March 4, 2021)
\\nAfter dropping down to 1.3924, GBP/USD recovered some losses and is currently trading at 1.3957.
\\nVisual analysis of the The Pound's price graph shows the British Pound's nearest support level is at 1.3582. In terms of trend indicators, we can see that at 1.3987, pound/dollar made an initial breakout above the 5 day Simple Moving Average, an indication of a positive trend. Asset volatility analysis shows that the lower Bollinger band is at 1.3858, indicating a positive move might be next.
\\nOverall, looking at the technical analysis landscape, it seems The Pound might start pointing upward in the short term.
\\nThe Pound started in 2021 by gaining 2.13%.
\\n\\n
\\n\\n\\n\\n\",\"\\nUK new car sales slump in February amid COVID-19 hit https://t.co/INBssEIaCd pic.twitter.com/Cq5mK0msJs
\\n— Reuters (@Reuters) March 4, 2021
(Last update 1:11am EST, March 4, 2021)
\\nStarting the session at 107, USD/JPY rallied above 107.11 for the first time in 7 months, gaining 8 pips, and is now trading at 107.08.
\\nThe Chart pattern study shows the Yen's nearest support level is at 104.55. 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 Dollar/Yen is in overbought condition, keep an eye out for a slowdown of gains. In contrast, the upper Bollinger band is at 107.42, indicating a downward move might be next.
\\nOverall, looking at the technical analysis landscape, it seems the Dollar/Yen might be pointing upward in the short term.
\\nThe Yen started in 2021 by gaining 3.23%.
\\n\\n
\\n\\n\\n\\n\",\"\\nJapan's government has turned Fukushima's recovery into a symbol of national revival ahead of the Tokyo Olympic Games and is encouraging residents to return with financial aid as it decontaminates the land pic.twitter.com/AODLtj9cHA
\\n— Reuters (@Reuters) March 4, 2021
(Last update 1:11am EST, March 4, 2021)
\\nUSD/CHF is trading steadily today, ranging between 0.92 and 0.9183 and is now at 0.9192.
\\nA study of the Swiss franc's graph shows key levels to watch: Swiss franc's nearest support level is at 0.87. 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. Asset volatility analysis shows that the upper Bollinger band is at 0.9292, indicating a downward move might be next.
\\nOverall, the technical analysis suggests the Swiss franc is neutral for the immediate future, with no clear-cut direction.
\\nDollar/Swiss started in 2021 by gaining 3.25%.
\\n\",\"\\n(Last update 1:11am EST, March 4, 2021)
\\nCurrently light green but with no clear-cut direction, AUD/USD trading at 0.7807 after ranging today between 0.7814 and 0.7754.
\\nAustralian dollar's graph levels to watch: nearest resistance level is at 0.7965. In terms of trend indicators, we can see that at 0.7789, Aussie/Dollar made an initial breakout above the 21 day Simple Moving Average, an indication of a positive trend.
\\nOverall, looking at the technical analysis landscape, it seems the Aussie/Dollar might continue pointing upwards in the short term.
\\nThe Aussie/Dollar started 2021 by gaining 1.63%.
\\n\\n
\\n\\n\\n\\n\\n\"],\"title\":\"Financial Markets Review – 4 March 2021 – 01:11:47\",\"date\":\"2021-03-04T06:11:47\"}"; var omg_ads = JSON.parse(decodeHtml(omg_ads_string)); } catch (e) { var omg_ads = JSON.parse(omg_ads_string); }Australia, a country that relied on globalization and China, is discovering a new path https://t.co/Jr1xto54zg via @BW
\\n— Bloomberg (@business) March 4, 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-1432888622747-4eb9a8efeb07?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\\\")
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