\\n

\\n\",\"\\n

The Dow will open at 33,153 after gaining 0.52% Thursday

\\n

(Last update 7:12pm EST, April 3, 2021)

\\n

\\n

Dow Jones Thursday at a glance – after starting Thursday at 32,982, Dow Jones went up to 33,167 only to drop back to half way point range, closing at 33,153.

\\n

A study of the Dow's chart pattern shows the Dow immediate resistance is around 33,218, nearest support level is at 31,962. In terms of trend indicators, we can see that although up today, it's worth noting that the Dow dropped below the 3 day Simple Moving Average as it was trading at 33,073, usually an indication that a negative trend is ahead. Even though currently pointing up, the 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 the upper Bollinger band is at 33,500, This is a slight indication of a slowdown.

\\n

Overall, looking at the technical analysis landscape, it seems Dow is likely to reverse course and start pointing down in the short term.

\\n

The Dow started 2021 by gaining 7.72%.

\\n

\\n
\\n

What to watch today: Stocks to rise after Dow, S&P 500 had best month since November https://t.co/FGKXmGHMiJ

\\n

— CNBC (@CNBC) April 1, 2021

\\n

\\n

\\n\",\"\\n

S&P 500 hits new all time high at 4,020.63

\\n

(Last update 7:11pm EST, April 3, 2021)

\\n

\\n

After opening at 3,973, S&P 500 gained 47 points, hitting a fresh record high of 4,020.63.

\\n

A study of S&P's graph shows key levels to watch: S&P 500 immediate resistance is around 4,029.41, nearest support level is at 3,811. 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 a slight indication of a slowdown comes from looking at the Bollinger bands: the upper band is at 4,033.3 – a high enough level to usually suggest the S&P is trading above its value.

\\n

Overall, technical indicators suggest S&P has no obvious direction for the immediate future.

\\n

The S&P 500 started 2021 by gaining 6.64%.

\\n\",\"\\n

Apple will open at $123 after gaining 0.7% Thursday

\\n

(Last update 7:11pm EST, April 3, 2021)

\\n

\\n

Apple Thursday at a glance – hesitant but green, Apple closed at $123 after ranging between $122.49 and $124.18. Trading volume was 75.09 million, below the daily average of 104.59 million.

\\n

Important graph levels to look out for: Apple could be slowing down soon as it is approaching and is only $2.57 away from resistance at $125.57, of course, 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 $125.31 – a high enough level to usually suggest Apple is trading above its value. 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.

\\n

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

\\n

with a market cap of $2.06 trillion, The sleek phone manufacturer started in 2021 by losing 7.93%. So far this year it is under-performing the S&P by 14.57%.

\\n

\\n
\\n

New Apple Leak Reveals AirPods 3 Surprise Release https://t.co/XL7Vxvs8sF

\\n

— Forbes (@Forbes) April 3, 2021

\\n

\\n

\\n\",\"\\n

Facebook rallied beyond $302.4 for the first time in 7 months

\\n

(Last update 7:11pm EST, April 3, 2021)

\\n

\\n

Starting the session at $294.53, the social media company rallied above $302.4 for the first time in 7 months, gaining $4.13, and closed at $298.66.

\\n

A study of Facebook's graph shows key levels to watch: Facebook's immediate resistance is around $301.84, nearest support level is at $293.54. 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 $302.52, This is a slight indication of a slowdown.

\\n

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

\\n

With a market cap of $850.49 billion, The social media company started in 2021 by gaining 8.66%. So far this year it is outperforming the S&P by 2.02%.

\\n

\\n
\\n

Details from more than 500 million Facebook users have been found available on a website for hackers. The information includes Facebook IDs, full names, locations, birthdates, and email addresses, according to Business Insider. https://t.co/Ejef3vRAwR

\\n

— The Associated Press (@AP) April 3, 2021

\\n

\\n

\\n\",\"\\n

Amazon will open at $3,161 after gaining 2.16% Thursday

\\n

(Last update 7:11pm EST, April 3, 2021)

\\n

\\n

Amazon Thursday at a glance – the tech and retail multifaceted giant went up to $3,161 and gained $67 compared to the $3,094 start of the day (2.16%). Trading volume was 2.82 million, below the daily average of 3.10 million.

\\n

The Chart visual study suggests Amazon's immediate resistance is around $3,177, nearest support level is at $3,028. In terms of trend indicators, we can see that at $3,145.62, Amazon made an initial breakout above the 200 day Simple Moving Average, an indication of a positive trend. The CCI indicator is above 100. When the CCI (Commodity Channel Index) is at this level, it means the price is above the average price as measured by the indicator, indicating a possible start of a new uptrend. However, the upper Bollinger band is at $3,167, This is a slight indication of a slowdown.

\\n

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

\\n

With a market cap of $1.59 trillion, Jeff Bezos’s company started in 2021 by losing 3.1%. So far this year it is under-performing the S&P 500 by 9.74%.

\\n

\\n
\\n

Amazon acknowledges issue of drivers urinating in bottles in apology to Rep. Pocan https://t.co/JleLhiJVfS pic.twitter.com/mKPai2OeZL

\\n

— Reuters Business (@ReutersBiz) April 3, 2021

\\n

\\n

\\n\",\"\\n

Microsoft made its largest single-day jump of $6.58(2.79%) since Feb 1

\\n

(Last update 2:12pm EST, April 3, 2021)

\\n

\\n

The software giant closed at $242.35 after it made its largest daily jump ($6.58) since Feb 1

\\n

The chart pattern study shows Microsoft's immediate resistance is around $244.11, nearest support level is at $236.94. 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. 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 Microsoft is in overbought condition. Asset volatility analysis shows that a slight indication of a slowdown comes from looking at the Bollinger bands: the upper band is at $243.29 – a high enough level to usually suggest Microsoft is trading above its value.

\\n

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

\\n

With a market cap of $1.83 trillion, The software giant started in 2021 by gaining 8.45%. So far this year it is outperforming the Dow Jones by 0.73%.

\\n

\\n
\\n

This New Feature Instantly Makes Microsoft Edge The Best Browser On A Mac https://t.co/kObzdUKMF0

\\n

— Forbes (@Forbes) April 2, 2021

\\n

\\n

\\n\",\"\\n

Google will open at $2,137.75 after gaining 3.34% Thursday

\\n

(Last update 2:11pm EST, April 3, 2021)

\\n

\\n

Google Thursday at a glance – after starting the day at $2,068.63 the leading search engine company went up to $2,143 only to drop back to the half way point range and is now trading at $2,137.75. Trading volume was 1.70 million, above the daily average of 1.51 million.

\\n

The Chart pattern study shows Google's immediate resistance is around $2,154.83, nearest support level is at $2,024.17. 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 Google is in strong overbought condition. On the other hand, note that a slight indication of a slowdown comes from looking at the Bollinger bands: the upper band is at $2,135.81 – a high enough level to usually suggest Google is trading above its value.

\\n

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

\\n

With a market cap of $1.44 trillion, The leading search engine company started in 2021 by gaining 18.65%. So far this year it is outperforming the S&P by 12%.

\\n

\\n
\\n

Google wants employees back in the office early, possibly hurting the remote-work trend https://t.co/1DE3nSUpc5 pic.twitter.com/45xGThhBEU

\\n

— Forbes (@Forbes) April 3, 2021

\\n

\\n

\\n\",\"\\n

Ahead of Monday's session Tesla is trading around $661.75 after losing 0.93% Thursday

\\n

(Last update 2:11pm EST, April 3, 2021)

\\n

\\n

Tesla Thursday at a glance – the trendy electric car company recovered some but not all the way back to $667.93 after dipping down to $659.5. Trading volume was 34.82 million, below the daily average of 35.64 million.

\\n

A study of Tesla's graph shows key levels to watch: for the nearest support level is at $563. Asset volatility analysis shows that the upper Bollinger band is at $685.98, indicating a further downward move might be next.

\\n

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

\\n

With a market cap of $635.18 billion, Elon Musk's electric cars company started in 2021 by losing 6.58%. So far this year it is under-performing the Nasdaq by 11.05%.

\\n

\\n
\\n

Tesla files a petition against U.S. labor board order https://t.co/XgNST38xIs pic.twitter.com/zhEEuSBJlx

\\n

— Reuters (@Reuters) April 3, 2021

\\n

\\n

\\n\",\"\\n

Zoom will open at $326.23 after four straight days of gains

\\n

(Last update 2:11pm EST, April 3, 2021)

\\n

\\n

Zoom Thursday at a glance – after it started the day at $321.29 Zoom went up to $338.91 only to drop back, yet still traded positively overall and closed at $326.23. Trading volume was 2.85 million, below the daily average of 3.69 million.

\\n

An analysis of the Zoom chart suggests that although Zoom is green today and was as high as $338.91, it seems to be slowing down slightly and moving away from the $355.17 resistance line, and is now $28.94 below it. In terms of trend indicators, we can see that although up today, it's worth noting that earlier Zoom dropped below the 21 day Simple Moving Average as it was trading at $330.38, usually an indication that a negative trend is ahead. Asset volatility analysis shows that a slight indication of a slowdown comes from looking at the Bollinger bands: the upper band is at $338.62 – a high enough level to usually suggest Zoom is trading above its value. However, medium-term trend indication has turned positive as the MACD (moving average convergence divergence) index generated a crossover buy signal. This occurs as the MACD line crosses above the MACD signal line.

\\n

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

\\n

with a market cap of $95.82 billion, The video communications platform provider started in 2021 by losing 3.45%. So far this year it is under-performing the Nasdaq by 7.92%.

\\n\",\"\\n

Netflix will open at $539.42 after gaining 3.4% Thursday

\\n

(Last update 2:11pm EST, April 3, 2021)

\\n

\\n

Netflix Thursday at a glance – the streaming heavyweight went up to $539.42 and gained $17.76 compared to the $521.66 start of the day (3.4%). Trading volume was 3.94 million, around the average daily.

\\n

Important graph levels to look out for: Netflix immediate resistance is around $544.27, nearest support level is at $502.86. In terms of trend indicators, we can see that at $535.83, Netflix made an initial breakout above the 50 day Simple Moving Average, an indication of a positive trend. The CCI indicator is above 100. When the CCI (Commodity Channel Index) is at this level, it means the price is above the average price as measured by the indicator, indicating a possible start of a new uptrend. In contrast, a slight indication of a slowdown comes from looking at the Bollinger bands: the upper band is at $544.75 – a high enough level to usually suggest Netflix is trading above its value.

\\n

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

\\n

With a market cap of $238.91 billion, The streaming heavyweight started in 2021 by losing 0.25%. So far this year it is under-performing the S&P 500 by 6.89%.

\\n

\\n
\\n

Overheard: In the ultimate irony, one of the most popular documentaries on Netflix is about the last Blockbuster store in the world—a chain put out of business by the streaming giant https://t.co/StPeGu8uOA

\\n

— WSJ Markets (@WSJmarkets) April 2, 2021

\\n

\\n

\\n\",\"\\n

Ahead of Monday's session Walmart is trading around $135.62

\\n

(Last update 7:41pm EST, April 3, 2021)

\\n

\\n

Walmart Thursday at a glance – After starting the day at $135.83, Walmart went up to $136.89 only to drop back to the starting point and close at $135.62. Trading volume was 8.24 million, below the daily average of 9.98 million.

\\n

Visual analysis of Walmart's price graph shows Walmart's nearest support level is at $127.53. In terms of trend indicators, we can see that at $135.48, Walmart 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 $137.57, indicating a downward move might be next. In contrast, The Relative Strength Index indicates Walmart is in overbought condition.

\\n

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

\\n

With a market cap of $382.05 billion, The discount department and warehouse stores chain started in 2021 by losing 6.28%. So far this year it is under-performing the Dow by 14%.

\\n\",\"\\n

Losing streak continues: Procter & Gamble down 0.85%, closes at $134.28 adding to its four consecutive days of losses

\\n

(Last update 7:41pm EST, April 3, 2021)

\\n

\\n

Procter & Gamble Thursday at a glance – the consumer goods corporation remained in the $134.28 range after starting the session at $135.43 and dropping 0.85%. Trading volume was 9.12 million, below the daily average of 10.21 million.

\\n

An analysis of the Procter & Gamble chart suggests the nearest support level is at $122.15.

\\n

With a market cap of $330.66 billion, The consumer goods company started 2021 by losing 3.59%. So far this year it is under-performing the Dow by 11.31%.

\\n\",\"\\n

Walt Disney will open at $188.97 after gaining 2.41% Thursday

\\n

(Last update 7:41pm EST, April 3, 2021)

\\n

\\n

Walt Disney Thursday at a glance – after starting the day at $184.52 the entertainment and content production company went up to $189.1 only to drop back to the half way point range and is now trading at $188.97. Trading volume was 7.38 million, below the daily average of 11.09 million.

\\n

An analysis of the Walt Disney chart suggests Walt Disney's nearest resistance level is at $197.51, followed by $201.91 at the next level. In terms of trend indicators, we can see that at $187.75, Walt Disney 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 $192.89, This is a slight indication of a slowdown.

\\n

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

\\n

With a market cap of $343.03 billion, The entertainment and content production company started in 2021 by gaining 4.22%. So far this year it is under-performing the Dow by 3.5%.

\\n\",\"\\n

Losing streak continues: Coca-Cola down 0.38%, closes at $52.51 adding to its four consecutive days of losses

\\n

(Last update 7:41pm EST, April 3, 2021)

\\n

\\n

Coca-Cola Thursday at a glance – light red but with no clear-cut direction, the soft drink company closed the session at $52.51 after ranging between $53.15 and $52.46. Trading volume was 15.83 million, below the daily average of 21.59 million.

\\n

An analysis of the Coca-Cola chart suggests that although Coca-Cola is down today and was as low as $52.46, it seems to be recovering slightly and climbing away from the $51.64 support line and is now 87 cents above it. In terms of trend indicators, we can see that at $52.95, Coca-Cola made an initial breakout below the 5 day Simple Moving Average, an indication of a negative trend.

\\n

Overall, technical indicators suggest Coca-Cola has no obvious direction for the immediate future.

\\n

With a market cap of $226.28 billion, The soft drinks giant started 2021 by losing 4.42%. So far this year it is under-performing the Dow Jones by 12.14%.

\\n

\\n
\\n

ALL STAR GAME: In remarks following MLB's decision to pull the All Star Game from Georgia following the passage of a controversial voting law, Gov. Brian Kemp takes aim at Stacey Abrams, President Biden, Delta, Coca-Cola, and Major League Baseball. https://t.co/G6ufhhvW0G pic.twitter.com/ncvVBM1iZy

\\n

— Forbes (@Forbes) April 3, 2021

\\n

\\n

\\n\",\"\\n

Pfizer will open at $36.3 after gaining 0.19% Thursday

\\n

(Last update 7:41pm EST, April 3, 2021)

\\n

\\n

Pfizer Thursday at a glance – light green Pfizer closed at $36.3 after it ranged between $36.45 and $36.02. Trading volume was 21.32 million, below the daily average of 27.86 million.

\\n

An analysis of the Pfizer chart suggests Pfizer's immediate resistance is around $36.49, nearest support level is at $33.49. In terms of trend indicators, we can see that at $36.18, Pfizer made an initial breakout above the 5 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 $36.76 – a high enough level to usually suggest Pfizer is trading above its value.

\\n

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

\\n

With a market cap of $202.49 billion, The pharmaceuticals and biotechnology company started 2021 by losing 1.41%. So far this year it is under-performing the Dow by 9.13%.

\\n

\\n
\\n

Pfizer announced its vaccine protects people for at least 6 months, also roughly 91% effective at preventing the virus after the second shot.
CNBC's @megtirrell has the latest. pic.twitter.com/oNVkmLguJk

\\n

— The News with Shepard Smith (@thenewsoncnbc) April 1, 2021

\\n

\\n

\\n\",\"\\n

McDonald's will open at $225.21 after gaining 0.48% Thursday

\\n

(Last update 7:36pm EST, April 3, 2021)

\\n

\\n

McDonald's Thursday at a glance – after starting the day at $224.14 the fast food company went up to $226.19 only to drop back to the half way point range and is now trading at $225.21. Trading volume was 2.44 million, below the daily average of 3.69 million.

\\n

A study of McDonald's's chart pattern shows McDonald'ss immediate resistance is around $226.53, nearest support level is at $204.84. In terms of trend indicators, we can see that at $224.47, McDonald's made an initial breakout above the 10 day Simple Moving Average, an indication of a positive trend. Japanese candlesticks formations detected today are the "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 McDonald's might continue pointing upwards in the short term.

\\n

With a market cap of $167.91 billion, The fast food giant started in 2021 by gaining 4.74%. So far this year it is under-performing the Dow by 2.98%.

\\n\",\"\\n

Is it the end of Bitcoin rally? After six days of gains, it's down 2.14% today

\\n

(Last update 7:36pm EST, April 3, 2021)

\\n

\\n

Late in the session, Bitcoin lost $1,270(2.14%), currently trading at $58,080

\\n

As the day reaches an end, a chart visual study suggests the nearest support level is at $51,700, while the closest resistance is at $61,243. In terms of trend indicators, we can see that at $58,800, Bitcoin made an initial breakout below the 5 day Simple Moving Average, an indication of a negative trend.

\\n

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

\\n

With a market cap of 1.08 trillion, Bitcoin started in 2021 by gaining 50.9%.

\\n

\\n
\\n

JPMorgan reveals big Bitcoin price prediction as Bitcoin and Crypto market surges https://t.co/N6z7yqqEn1 pic.twitter.com/CupgFfcPMg

\\n

— Forbes (@Forbes) April 3, 2021

\\n

\\n

\\n\",\"\\n

Steady Gold holds at $1,728.4

\\n

(Last update 7:36pm EST, April 3, 2021)

\\n

\\n

Gold Thursday at a glance – Gold recovered back to $1,728.4 after dipping down to $1,706.4 in a session that started at $1,728.4.

\\n

Gold chart analysis: Gold is climbing away and is now $50.7 from the $1,677.7 support line. In terms of trend indicators, we can see that at $1,721.56, Gold made an initial breakout above the 21 day Simple Moving Average, an indication of a positive trend. However, the upper Bollinger band is at $1,749.56, indicating a downward move might be next.

\\n

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

\\n

Gold started 2021 by losing 9.64%.

\\n

\\n
\\n

Gold etf's continue to fall https://t.co/vfWctlvzMa

\\n

— ForexLive (@ForexLive) April 1, 2021

\\n

\\n

\\n\",\"\\n

Crude oil moves up to $61.24 up $1.79

\\n

(Last update 7:36pm EST, April 3, 2021)

\\n

\\n

Crude oil Thursday at a glance – Crude oil rallied $1.79 (3.02%) deep into the session, closing at $61.24.

\\n

The Chart visual study suggests that although crude oil is green today and was as high as $61.73, it seems to be slowing down slightly and moving away from the $63.53 resistance line, and is now $2.29 below it. In terms of trend indicators, we can see that at $60.69, crude oil made an initial breakout above the 50 day Simple Moving Average, an indication of a positive trend.

\\n

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

\\n

Oil started in 2021 by gaining 21.75%.

\\n

\\n
\\n

ICYMI: Dubai might still be the Middle East’s business center but Saudi Arabia is stepping up efforts to diversify its economy away from oil and many foreign companies have agreed to set up regional offices in the country https://t.co/tvQB5ydIab pic.twitter.com/WIirqYzP1q

\\n

— Reuters (@Reuters) April 3, 2021

\\n

\\n

\\n\",\"\\n

Euro/Dollar nudges down to 1.176 (down 16 pips) after starting the day at 1.1777

\\n

(Last update 7:36pm EST, April 3, 2021)

\\n

\\n

Euro/Dollar yesterday at a glance – EUR/USD slid down from 1.1777 to 1.176, taking a 16 pip loss (0.14%).

\\n

Euro's graph levels to watch: Euro/Dollar immediate support is around 1.1759, resistance level is at 1.1848. In terms of trend indicators, we can see that at 1.1774, Euro/Dollar made an initial breakout below the 5 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 1.1679 – a low enough level to usually suggest the Euro/Dollar is trading below its value.

\\n

Overall, technical indicators suggest the Euro/Dollar has no obvious direction for the immediate future.

\\n

The Euro/Dollar started 2021 by losing 3.9%.

\\n\",\"\\n

Steady Pound/Dollar holds at 1.3835

\\n

(Last update 8:11pm EST, April 3, 2021)

\\n

\\n

Pound/Dollar Friday at a glance – GBP/USD traded steadily Friday, ranging between 1.3853 and 1.381 and closed at 1.3835.

\\n

The Chart pattern study shows The Pound broke through the 1.3822 support line and dropped 13 pips below it. In terms of trend indicators, we can see that at 1.3846, pound/dollar made an initial breakout above the 21 day Simple Moving Average, an indication of a positive trend. Asset volatility analysis shows that the upper Bollinger band is at 1.3885, indicating a downward move might be next.

\\n

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

\\n

The Pound started in 2021 by gaining 1.19%.

\\n

\\n
\\n

UK reports 10 more COVID deaths, 3,423 new cases https://t.co/ccmSxDYJVn pic.twitter.com/CdZkOvhurT

\\n

— Reuters (@Reuters) April 3, 2021

\\n

\\n

\\n\",\"\\n

Yen rallied beyond 110.75 for the first time in 1 year

\\n

(Last update 8:11pm EST, April 3, 2021)

\\n

\\n

Starting the session at 110.61, USD/JPY rallied above 110.75 for the first time in 1 year, gaining 6 pips, and closed at 110.67.

\\n

The Chart pattern study shows the Dollar/Yen nearest support level is at 108.6. Momentum evaluation shows The Relative Strength Index indicates the Yen is in strong overbought condition. Asset volatility analysis shows that the upper Bollinger band is at 111.3, indicating a downward move might be next.

\\n

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

\\n

The Dollar/Yen started in 2021 by gaining 6.75%.

\\n\",\"\\n

Stable day for Swiss franc, parking at 0.9429

\\n

(Last update 8:11pm EST, April 3, 2021)

\\n

\\n

Dollar/Swiss Friday at a glance – USD/CHF traded steadily on Friday, ranging between 0.9437 and 0.9405 and closed at 0.9429.

\\n

In terms of trend indicators, we can see that at 0.9414, Dollar/Swiss 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 0.952, indicating a downward move might be next. On the other hand, note that the dollar/swiss might start to recover soon because it is getting close and is now only 71 pips from the support line at 0.9357, obviously dipping below it could be an indication that further losses are ahead.

\\n

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

\\n

The Swiss franc started in 2021 by gaining 6.59%.

\\n\",\"\\n

Steady Australian dollar holds at 0.7609

\\n

(Last update 8:11pm EST, April 3, 2021)

\\n

\\n

Aussie/Dollar Friday at a glance – AUD/USD closed at 0.7609 with no clear-cut direction and ranged between 0.7638 and 0.7594.

\\n

Visual analysis of the Australian dollar's price graph shows the Aussie/Dollar resistance level is at 0.7645. In terms of trend indicators, we can see that at 0.7618, Australian dollar made an initial breakout below the 5 day Simple Moving Average, an indication of a negative trend. Asset volatility analysis shows that the lower Bollinger band is at 0.7536, indicating a positive move might be next.

\\n

Overall, technical indicators suggest the Aussie/Dollar has no obvious direction for the immediate future.

\\n

The Aussie/Dollar started 2021 by losing 1.13%.

\\n\\n\"],\"title\":\"Financial Markets Review – 3 April 2021 – 20:11:29\",\"date\":\"2021-04-04T00:11:29\"}"; var omg_ads = JSON.parse(decodeHtml(omg_ads_string)); } catch (e) { var omg_ads = JSON.parse(omg_ads_string); }