\\n

\\n\",\"\\n

Dow Jones down slightly to 32,622 after starting the day at 32,731 (down 0.33%)

\\n

(Last update 1:51pm EST, March 23, 2021)

\\n

\\n

The Dow Jones slid down from 32,731 to 32,622, losing 108.87 points (0.33%).

\\n

The Chart visual study suggests Dow Jones' nearest support level is at 31,962, followed by 30,924 at the next level. In terms of trend indicators, we can see that at 32,641, Dow 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 Dow is likely to continue pointing down in the short term.

\\n

The Dow Jones started 2021 by gaining 6.49%.

\\n

\\n
\\n

Here's a snapshot of the 30 Dow stocks sorted by 5-day change. Chevron $CVX and Visa $V down the most, UnitedHealth $UNH, Home Depot $HD, and Amgen $AMGN up the most…From our Trend Analyzer: https://t.co/KX2rKexgMT pic.twitter.com/aJwsMXAfmh

\\n

— Bespoke (@bespokeinvest) March 23, 2021

\\n

\\n

\\n\",\"\\n

S&P 500 holds at 3,935.25

\\n

(Last update 1:51pm EST, March 23, 2021)

\\n

\\n

The S&P 500 is trading steadily today, ranging between 3,949 and 3,927.35 and is now at 3,935.25.

\\n

S&P chart analysis: S&P nearest support level is at 3,768.47. In terms of trend indicators, we can see that at 3,933.19, S&P made an initial breakout below the 10 day Simple Moving Average, an indication of a negative trend. The MACD line is above the MACD signal line significantly, meaning the medium-term trend might turn negative. However, "morning star”, whenever it appears on top of a bullish overall trend, some traders would consider this an indication of a reversal, of course.

\\n

Overall, looking at the technical analysis landscape, it seems S&P might be pointing down in the short term.

\\n

The S&P started 2021 by gaining 4.68%.

\\n\",\"\\n

Stable day for Apple, parking at $123.06

\\n

(Last update 1:51pm EST, March 23, 2021)

\\n

\\n

Apple's price varies between $122.54 and $124.14 and settles at $123.06.

\\n

Important graph levels to look out for: Apple might start to recover soon because it is getting close and is now only $2.07 from the support line at $121, obviously dipping below it could be an indication that further losses are ahead. In terms of trend indicators, we can see that at $122.85, Apple made an initial breakout below the 5 day Simple Moving Average, an indication of a negative trend.

\\n

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

\\n

With a market cap of $2.07 trillion, The mobile and tech colossus started in 2021 by losing 7.54%. So far this year it is under-performing the S&P by 12.22%.

\\n

\\n
\\n

March 23, 2021 will be a landmark date for stock investors. Exactly one year ago, the S&P 500 had reached the bottom.

\\n

Here's where Apple ( $AAPL ) stands:https://t.co/Wu92Aca5u1

\\n

— TheStreet (@TheStreet) March 23, 2021

\\n

\\n

\\n\",\"\\n

Steady Facebook holds at $293.63

\\n

(Last update 1:51pm EST, March 23, 2021)

\\n

\\n

Although starting the trading session strong, rising from $293.54 to $298, Facebook dropped back and is now priced at $293.63.

\\n

A study on Facebook's chart pattern shows Facebook's nearest support level is at $273.97. 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 Facebook is in overbought condition, Keep an eye out for a slowdown of gains. In contrast, the upper Bollinger band is at $296.87, indicating a downward move might be next.

\\n

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

\\n

With a market cap of $836.16 billion, Mark Zuckerberg's company started in 2021 by gaining 6.94%. So far this year it is outperforming the S&P 500 by 2.26%.

\\n

\\n
\\n

Congress is set to grill the CEOs of Facebook, Google and Twitter about misinformation and online extremism on Thursday. Drop us
your questions in this link and it may get answered in our livestream https://t.co/pnyXaXeyq3

\\n

— CNN Business (@CNNBusiness) March 23, 2021

\\n

\\n

\\n\",\"\\n

After starting the day at $3,111, Amazon goes up to $3,167 (up 1.8%)

\\n

(Last update 1:51pm EST, March 23, 2021)

\\n

\\n

The tech and retail multifaceted giant gained 1.8% and is hovering at the $3,167 level.

\\n

A study on Amazon's chart pattern shows Amazon could be slowing down soon because it is getting close and is now only $39.21 from the resistance line at $3,206.2, yet crossing it might suggest further gains are ahead. Asset volatility analysis shows that the upper Bollinger band is at $3,185.47, This is a slight indication of a slowdown. However, 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.

\\n

Overall, looking at the technical analysis landscape, it seems a reverse of course in the short term might be next for Amazon.

\\n

with a market cap of $1.59 trillion, The tech and retail multifaceted giant has started 2021 by losing 4.7%. So far this year it is under-performing the S&P by 9.38%.

\\n

\\n
\\n

Amazon's Deliveroo stake to drop to 11.5% after London IPO https://t.co/M8AKsQTohX pic.twitter.com/XIpffBhEsW

\\n

— Yahoo Finance (@YahooFinance) March 23, 2021

\\n

\\n

\\n\",\"\\n

Microsoft moves up to $240.64 up 1.97%

\\n

(Last update 1:26pm EST, March 23, 2021)

\\n

\\n

The software giant gained 1.97% and is hovering at the $240.64 level.

\\n

Chart visual study suggest Microsoft could be slowing down soon because it is getting close and is now only $4.35 from the resistance line at $245, yet crossing it might suggest further gains are ahead. In terms of trend indicators, we can see that the MACD line is above the MACD signal line significantly, meaning the medium-term trend might turn negative. Asset volatility analysis shows that the upper Bollinger band is at $241.07, This is a slight indication of a slowdown. On the other hand, note 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. 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.

\\n

Overall, looking at the technical analysis landscape, it seems a reverse of course in the short term might be next for Microsoft.

\\n

with a market cap of $1.81 trillion, The iconic OS developer has started 2021 by gaining 5.75%. So far this year it is under-performing the Dow by 0.74%.

\\n

\\n
\\n

Workers are “struggling” and say they may quit jobs, while business leaders are “thriving” and “out of touch,” Microsoft survey says https://t.co/6Wt3722x1K

\\n

— Bloomberg (@business) March 23, 2021

\\n

\\n

\\n\",\"\\n

After starting the day at $2,038.59, Google rises to $2,066.59 (up 1.37%)

\\n

(Last update 1:26pm EST, March 23, 2021)

\\n

\\n

The search engine giant gained 1.37% and is hovering at the $2,066.59 level.

\\n

A study of Google's graph shows key levels to watch: nearest resistance level is at $2,128.31. In terms of trend indicators, we can see that at $2,062.74, Google made an initial breakout above the 21 day Simple Moving Average, an indication of a positive trend. Asset volatility analysis shows that a slight indication of a slowdown comes from looking at the Bollinger bands: the upper band is at $2,112.78 – a high enough level to usually suggest Google is trading above its value.

\\n

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

\\n

With a market cap of $1.39 trillion, The leading search engine company started 2021 by gaining 14.06%. So far this year it is outperforming the S&P 500 by 9.38%.

\\n

\\n
\\n

Google CEO sends consoling email to employees amid rise in anti-Asian hate crimes https://t.co/eyjejU6Gls

\\n

— CNBC (@CNBC) March 23, 2021

\\n

\\n

\\n\",\"\\n

Tesla drifts up to $674.34 up 0.65%

\\n

(Last update 1:26pm EST, March 23, 2021)

\\n

\\n

Light green, mostly flat: Tesla ranges between $677.8 and $663.43 and is now at $674.34.

\\n

The Chart pattern study shows Tesla's immediate resistance is around $690.16, nearest support level is at $563. In terms of trend indicators, we can see that at $673.96, Tesla made an initial breakout above the 21 day Simple Moving Average, an indication of a positive trend. Asset volatility analysis shows that the lower Bollinger band is at $643.76, indicating further gains might be next.

\\n

Overall, looking at the technical analysis landscape, it seems Tesla might continue pointing upwards in the short term.

\\n

With a market cap of $647.27 billion, Elon Musk's electric cars company started in 2021 by losing 5.32%. So far this year it is under-performing the Nasdaq by 9%.

\\n

\\n
\\n

Tesla is facing renewed scrutiny of its Autopilot technology in the U.S. The National Highway Traffic Safety Administration is investigating 23 recent crashes in which drivers were, or may have been, using the automatic steering and braking system. https://t.co/QyBoOg2YAn

\\n

— NYT Business (@nytimesbusiness) March 23, 2021

\\n

\\n

\\n\",\"\\n

Zoom up 5.24%, trading around $345.72

\\n

(Last update 1:26pm EST, March 23, 2021)

\\n

\\n

The video communications platform provider traded at $345.72 after starting the day at $328.5 and gaining $17.22 (5.24%).

\\n

A study of Zoom's graph shows key levels to watch: Zoom could be slowing down soon because it is getting close and is now only $19 from the resistance line at $364.73, yet crossing it might suggest further gains are ahead. Asset volatility analysis shows that a slight indication of a slowdown comes from looking at the Bollinger bands: the upper band is at $359.75 – a high enough level to usually suggest Zoom is trading above its value. In contrast, the Relative Strength Index is holding below 30, This means it is in oversold condition and indicates possible room for more gains.

\\n

Overall, looking at the technical analysis landscape, it seems a reverse of course in the short term might be next for Zoom.

\\n

with a market cap of $101.54 billion, The video communications platform provider started in 2021 by losing 2.68%. So far this year it is under-performing the Nasdaq by 6.34%.

\\n

\\n
\\n

Zoom to zen – Citi unveils Zoom-free Fridays to beat remote working stress https://t.co/ypbuZyrCIa pic.twitter.com/hDeQdtUJxe

\\n

— Reuters (@Reuters) March 23, 2021

\\n

\\n

\\n\",\"\\n

Netflix trades at $541.79 after jumping $18.68 – its biggest single-day gain since Jan 20

\\n

(Last update 1:26pm EST, March 23, 2021)

\\n

\\n

Starting at $523.11 the streaming company was trading at $541.79 after making its biggest single-day jump of $18.68(3.57%) since Jan 20

\\n

important graph levels to look out for: although Netflix is green today and was as high as $542.79, it seems to be slowing down slightly and moving away from the $563.59 resistance line, and is now $21.8 below it. 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 shows Netflix has gone up above 70 going into overbought territory. Asset volatility analysis shows that Netflix has just crossed the upper Bollinger band at $539.5, indicating further gains might be next.

\\n

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

\\n

With a market cap of $239.96 billion, The streaming heavyweight started in 2021 by losing 3.37%. So far this year it is under-performing the S&P 500 by 8.05%.

\\n

\\n
\\n

Netflix ( $NFLX ) has 'become an industry powerhouse in its own right,' an Argus analyst says.https://t.co/pZeMLaDIBB

\\n

— TheStreet (@TheStreet) March 23, 2021

\\n

\\n

\\n\",\"\\n

After starting the day at $132.37, Walmart climbs to $133.91 (up 1.16%)

\\n

(Last update 1:41pm EST, March 23, 2021)

\\n

\\n

The warehouse store chain company was trading at $133.91 after starting the day at $132.37 and gaining $1.54 (1.16%).

\\n

Walmart's graph levels to watch: Walmart's nearest resistance level is at $139.27, followed by $147.2 at the next level. In terms of trend indicators, we can see that at $132.05, Walmart 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 $135.27, This is a slight indication of a slowdown.

\\n

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

\\n

With a market cap of $377.23 billion, The warehouse store chain company started in 2021 by losing 8.9%. So far this year it is under-performing the Dow by 15.39%.

\\n

\\n
\\n

Low tips and heavy loads are some of the complaints DoorDash received after it surveyed its more than 1 million independent drivers, asking them to share experiences about deliveries for Walmart. More here: https://t.co/qXRZRC0glF pic.twitter.com/Xg8zPsvVsC

\\n

— Reuters Business (@ReutersBiz) March 23, 2021

\\n

\\n

\\n\",\"\\n

At $132.74 Procter & Gamble trades above $132 level for the first time in 7 weeks.

\\n

(Last update 1:41pm EST, March 23, 2021)

\\n

\\n

After starting at $130.18 Procter & Gamble gained $2.56 and traded above the $132 level for the first time in 7 weeks.

\\n

The Chart visual study suggests Procter & Gamble immediate resistance is around $135.33, nearest support level is at $122.15. 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 Procter & Gamble is in strong overbought condition. Asset volatility analysis shows that Procter & Gamble has just crossed the upper Bollinger band at $131.89, indicating further gains might be next.

\\n

Overall, looking at the technical analysis landscape, it seems Procter & Gamble might continue pointing upwards in the short term.

\\n

With a market cap of $326.86 billion, The consumer goods corporation started 2021 by losing 6.88%. So far this year it is under-performing the Dow Jones by 13.37%.

\\n\",\"\\n

Walt Disney slips to $189.77 (down 1.6%) after starting the day at $192.86

\\n

(Last update 1:41pm EST, March 23, 2021)

\\n

\\n

The entertainment giant drops 1.6% early on and steadies at the $189.77 range.

\\n

The chart pattern study shows Walt Disney might start to recover soon because it is getting closer and is now only $1.74 from the support line at $188.03, 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 $189.56 – a low enough level to usually suggest Walt Disney is trading below its value. On the other hand, note that the CCI indicator is bellow -100. When the CCI (Commodity Channel Index) is at this level, it means the price is below the average price as measured by the indicator, indicating a possible start of a new downtrend.

\\n

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

\\n

With a market cap of $344.48 billion, The entertainment giant started in 2021 by gaining 6.06%. So far this year it is under-performing the Dow Jones by 0.43%.

\\n\",\"\\n

Coca-Cola climbs to $51.49 up 0.96%

\\n

(Last update 1:41pm EST, March 23, 2021)

\\n

\\n

The soft drinks giant gained 0.96% and is hovering at the $51.49 level.

\\n

Chart visual study suggests Coca-Cola is eyeing resistance at $51.64 and is now only 14 cents away, whilst this indicates a slow down or reverse of direction around $51.64, crossing it might suggest a prolonged positive move. In terms of trend indicators, we can see that at $50.94, Coca-Cola made an initial breakout above the 10 day Simple Moving Average, an indication of a positive trend. 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. Asset volatility analysis shows that a slight indication of a slowdown comes from looking at the Bollinger bands: the upper band is at $51.65 – a high enough level to usually suggest Coca-Cola is trading above its value.

\\n

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

\\n

With a market cap of $221.89 billion, The soft drink company started in 2021 by losing 7.53%. So far this year it is under-performing the Dow by 14%.

\\n\",\"\\n

Pfizer retreats to $35.66 (down 0.96%) after starting the day at $36

\\n

(Last update 1:41pm EST, March 23, 2021)

\\n

\\n

The pharmaceuticals and biotechnology company remains in the $35.66 range after starting the session at $36 and dropping 0.96%.

\\n

Important graph levels to look out for: Pfizer's nearest support level is at $33.49. Momentum evaluation shows the Relative Strength Index has fallen below 70 – exiting overbought conditions and indicating possible moderate gains or a downward correction is ahead. Asset volatility analysis shows that the upper Bollinger band is at $36.36, indicating a further downward move might be next.

\\n

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

\\n

With a market cap of $198.89 billion, The pharmaceuticals and biotechnology company started 2021 by losing 2.25%. So far this year it is under-performing the Dow by 8.74%.

\\n

\\n
\\n

New: Pfizer said it has begun an early stage clinical trial of an experimental oral antiviral drug for Covid-19. The pill has the potential to be used outside of hospitals for people who are newly infected with the virus. https://t.co/gh4DW0hwtt

\\n

— Berkeley Lovelace (@BerkeleyJr) March 23, 2021

\\n

\\n

\\n\",\"\\n

Steady McDonald's parks at $225.17

\\n

(Last update 2:06pm EST, March 23, 2021)

\\n

\\n

McDonald's trading at $225.17 with no clear-cut direction, ranging between $226.4 and $223.79.

\\n

A Visual analysis of McDonald's's price graph shows McDonald'ss nearest support level is at $215.98. 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 $227.91, indicating a downward move might be next.

\\n

Overall, the technical analysis suggests McDonald's is neutral for the immediate future, with no clear-cut direction.

\\n

With a market cap of $167.88 billion, The fast food giant started in 2021 by gaining 4.66%. So far this year it is under-performing the Dow by 1.83%.

\\n\",\"\\n

Trend reversal? After three days of going down, Bitcoin up $2,337.18 today

\\n

(Last update 2:06pm EST, March 23, 2021)

\\n

\\n

Hesitant but green: from an earlier low of $53,477, Bitcoin is up to $55,900 gaining $2,337.18 compared to the $53,568 start of the day (4.36%).

\\n

The Chart pattern study shows the nearest resistance level is at $57,540. In terms of trend indicators, we can see that at $54,700, Bitcoin made an initial breakout above the 21 day Simple Moving Average, an indication of a positive trend.

\\n

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

\\n

With a market cap of 1.04 trillion, Bitcoin started in 2021 by gaining 46.96%.

\\n

\\n
\\n

Here's a BTC opinion – Bitcoin could surge to $300,000 then drop 90% https://t.co/8RJXBWoium

\\n

— ForexLive (@ForexLive) March 22, 2021

\\n

\\n

\\n\",\"\\n

Gold retreats to $1,726.6 (down $11.4) after starting the day at $1,738

\\n

(Last update 2:06pm EST, March 23, 2021)

\\n

\\n

Late in the session, Gold lost $11.4(0.66%), currently trading at $1,726.6

\\n

As the day reaches an end, a chart visual study suggests the nearest support level is at $1,677.7, while the closest resistance is at $1,789. In terms of trend indicators, we can see that at $1,727, Gold made an initial breakout below the 21 day Simple Moving Average, an indication of a negative trend. Asset volatility analysis shows that the upper Bollinger band is at $1,751.67, indicating a further downward move might be next.

\\n

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

\\n

Gold started 2021 by losing 8.94%.

\\n

\\n
\\n

Gold moves back below 100/200 hour MAs https://t.co/jfIzPNkhJH

\\n

— ForexLive (@ForexLive) March 23, 2021

\\n

\\n

\\n\",\"\\n

Crude oil hits $57.32, its lowest rate in 6 weeks

\\n

(Last update 2:06pm EST, March 23, 2021)

\\n

\\n

After starting the day at $61.55 oil dropped to $57.32, hitting its lowest point in 6 weeks, it later recovered 64 cents and is now trading at $57.96

\\n

In terms of trend indicators, we can see that at $59.49, crude oil 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. Asset volatility analysis shows that Oil has just crossed the lower Bollinger band at $58.05, indicating further loses might be next

\\n

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

\\n

Crude oil started 2021 by gaining 21.17%.

\\n

\\n
\\n

WTI crude oil futures trade to new session lows and lowest level since February 12 https://t.co/gnkpjhNS6b

\\n

— ForexLive (@ForexLive) March 23, 2021

\\n

\\n

\\n\",\"\\n

Euro withdraws to 1.1861 (down 77 pips) after starting the day at 1.1939

\\n

(Last update 2:06pm EST, March 23, 2021)

\\n

\\n

The EUR/USD crashed after losing 77 pips, breaking down to 1.1861.

\\n

The Chart pattern study shows the Euro/Dollar might start to recover soon because it is getting close and is now only 12 pips from the support line at 1.1848, Obviously, dipping below it could be an indication that further losses are ahead. In terms of trend indicators, we can see that at 1.191, Euro/Dollar made an initial breakout below the 200 day Simple Moving Average, an indication of a negative trend. Medium-term trend indication has turned negative as the MACD (moving average convergence divergence) index generated a crossover sell signal. This occurs as the MACD line crosses below the MACD signal line. Asset volatility analysis shows that a slight indication of recovery comes from looking at the Bollinger bands: the lower band is at 1.1822 – a low enough level to usually suggest the Euro/Dollar is trading below its value.

\\n

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

\\n

The Euro/Dollar started 2021 by losing 2.82%.

\\n\",\"\\n

After 6 weeks, The Pound falls below 1.38 levels.

\\n

(Last update 2:11pm EST, March 23, 2021)

\\n

\\n

After starting at 1.3863 GBP/USD dropped 99 pips and traded below the 1.38 level for the first time in 6 weeks.

\\n

A study on The British Pound's chart pattern shows the pound resistance level is at 1.4138. In terms of trend indicators, we can see that at 1.3845, pound/dollar 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. Asset volatility analysis shows that The Pound has just crossed the lower Bollinger band at 1.3788, indicating further loses might be next

\\n

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

\\n

The Pound started in 2021 by gaining 1.27%.

\\n

\\n
\\n

UK PM Johnson: To Meet Targets Offering Dose To Over 50s By Mid-April And All Adults By End-July

\\n

— LiveSquawk (@LiveSquawk) March 23, 2021

\\n

\\n

\\n\",\"\\n

Dollar/Yen steady at 108.73, no significant movement

\\n

(Last update 2:11pm EST, March 23, 2021)

\\n

\\n

USD/JPY dropped from 108.82 to 108.73, losing 8 pips (0.08%).

\\n

Yen's graph levels to watch: Dollar/Yen nearest support level is at 105.04. In terms of trend indicators, we can see that medium-term trend indications have turned negative as the MACD (moving average convergence divergence) index generated a crossover sell signal. This occurs as the MACD line crosses below the MACD signal line. Asset volatility analysis shows that the upper Bollinger band is at 109.23, indicating a downward move might be next. However, at 108.81, Yen made an initial breakout above the 10 day Simple Moving Average, an indication of a positive trend.

\\n

Overall, looking at all the technical indicators, it seems the Yen might be pointing down in the short term.

\\n

The Yen started in 2021 by gaining 5.16%.

\\n

\\n
\\n

Japan's Line tightens data management following China scrutiny https://t.co/jpXPSVP81C pic.twitter.com/gAZbNezzwX

\\n

— Reuters (@Reuters) March 23, 2021

\\n

\\n

\\n\",\"\\n

Swiss franc climbs to 0.9337 (a 1.16% gain) after starting the day at 0.9229

\\n

(Last update 2:11pm EST, March 23, 2021)

\\n

\\n

Hesitant but green: from an earlier low of 0.9223, USD/CHF is up to 0.9337 gaining 107 pips compared to the 0.9229 start of the day (1.16%).

\\n

The Chart pattern study shows Dollar/Swiss immediate resistance is around 0.9428, nearest support level is at 0.87. In terms of trend indicators, we can see that at 0.926, Dollar/Swiss made an initial breakout above the 21 day Simple Moving Average, an indication of a positive trend. 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. On the other hand, note that a slight indication of a slowdown comes from looking at the Bollinger bands: the upper band is at 0.934 – a high enough level to usually suggest Dollar/Swiss is trading above its value.

\\n

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

\\n

The Swiss franc started in 2021 by gaining 4.84%.

\\n\",\"\\n

Australian dollar goes down to 0.7658 (down 89 pips) after starting the day at 0.7748

\\n

(Last update 2:11pm EST, March 23, 2021)

\\n

\\n

AUD/USD remains in the 0.7658 range after starting the session at 0.7748 and dropping 89 pips.

\\n

Important graph levels to look out for: Australian dollar resistance level is at 0.7965. 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 Aussie/Dollar has just crossed the lower Bollinger band at 0.7674, indicating further loses might be next

\\n

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

\\n

The Australian dollar started in 2021 by gaining 0.35%.

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