\\n

\\n\",\"\\n

The Dow hits new all time high at 33,618

\\n

(Last update 5:51pm EST, April 5, 2021)

\\n

\\n

After opening at 33,153, Dow Jones reached a record high of 33,618. Later, it lost 90.76 points and closed at 33,527.

\\n

A study of Dow Jones's graph shows key levels to watch: the Dow nearest support level is at 31,962. Momentum evaluation shows the Relative Strength Index shows the Dow Jones has gone up above 70 going into overbought territory. Asset volatility analysis shows that the upper Bollinger band is at 33,580, 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 the Dow

\\n

The Dow started 2021 by gaining 7.68%.

\\n

\\n
\\n

Mark Zuckerberg wanted to make Facebook and Instagram a reliable source of news about the pandemic. Instead he’s helped spread misinformation about vaccines https://t.co/aEXeo9dfk5

\\n

— Businessweek (@BW) April 5, 2021

\\n

\\n

\\n\",\"\\n

S&P hits new all time high at 4,083.42

\\n

(Last update 5:51pm EST, April 5, 2021)

\\n

\\n

After opening at 4,020, S&P reached a record high of 4,083.42. Later, it lost 5.42 points and closed at 4,078.

\\n

An analysis of the S&P 500 chart suggests the S&P 500's nearest support level is at 3,811. 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 shows the S&P 500 has gone up above 70 going into overbought territory. Asset volatility analysis shows that S&P has just crossed the upper Bollinger band at 4,048.72, indicating further gains might be next.

\\n

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

\\n

The S&P started 2021 by gaining 6.56%.

\\n

\\n
\\n

Mark Zuckerberg wanted to make Facebook and Instagram a reliable source of news about the pandemic. Instead he’s helped spread misinformation about vaccines https://t.co/aEXeo9dfk5

\\n

— Businessweek (@BW) April 5, 2021

\\n

\\n

\\n\",\"\\n

Apple will open at $125.9 after gaining 2.36% today

\\n

(Last update 5:51pm EST, April 5, 2021)

\\n

\\n

Apple today at a glance – the sleek phone manufacturer went up to $125.9 and gained $2.9 compared to the $123 start of the day (2.36%). Trading volume was 86.14 million, below the daily average of 104.59 million.

\\n

The chart pattern study shows Apple is eyeing resistance at $127.79 and is now only $1.89 away, whilst this indicates a slow down or reverse of direction around $127.79, crossing it might suggest a prolonged positive move. 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 $125.91, This is a slight indication of a slowdown. 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. 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 Apple.

\\n

with a market cap of $2.11 trillion, The sleek phone manufacturer started in 2021 by losing 7.88%. So far this year it is under-performing the Nasdaq by 12.27%.

\\n

\\n
\\n

Mark Zuckerberg wanted to make Facebook and Instagram a reliable source of news about the pandemic. Instead he’s helped spread misinformation about vaccines https://t.co/aEXeo9dfk5

\\n

— Businessweek (@BW) April 5, 2021

\\n

\\n

\\n\",\"\\n

Facebook hits fresh record high at $310.76

\\n

(Last update 5:51pm EST, April 5, 2021)

\\n

\\n

After opening at $298.66, Facebook reached a record high of $310.76. Later, it lost $1.85 and closed at $308.91.

\\n

A study on Facebook's chart pattern shows Facebook's immediate resistance is around $310.82, 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 Facebook has just crossed the upper Bollinger band at $305.51, indicating further gains might be next. In contrast, The Relative Strength Index shows Facebook has gone up above 70, going into overbought territory.

\\n

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

\\n

With a market cap of $879.67 billion, The social media company started in 2021 by gaining 8.54%. So far this year it is outperforming the Nasdaq by 4.15%.

\\n

\\n
\\n

Mark Zuckerberg wanted to make Facebook and Instagram a reliable source of news about the pandemic. Instead he’s helped spread misinformation about vaccines https://t.co/aEXeo9dfk5

\\n

— Businessweek (@BW) April 5, 2021

\\n

\\n

\\n\",\"\\n

At $3,226.73 Amazon trades above $3,200 level for the first time in 5 weeks.

\\n

(Last update 5:51pm EST, April 5, 2021)

\\n

\\n

After starting at $3,161 Amazon gained $65.73 and traded above the $3,200 level for the first time in 5 weeks.

\\n

Important graph levels to look out for: Amazon immediate resistance is around $3,240, nearest support level is at $3,135.73. 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 $3,188 – a high enough level to usually suggest Amazon is trading above its value.

\\n

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

\\n

With a market cap of $1.62 trillion, Jeff Bezos’s company started 2021 by losing 3.03%. So far this year it is under-performing the Nasdaq by 7.42%.

\\n

\\n
\\n

Mark Zuckerberg wanted to make Facebook and Instagram a reliable source of news about the pandemic. Instead he’s helped spread misinformation about vaccines https://t.co/aEXeo9dfk5

\\n

— Businessweek (@BW) April 5, 2021

\\n

\\n

\\n\",\"\\n

Microsoft (NASDAQ:MSFT) starts session by gaining 0.95% to $244.65

\\n

(Last update 9:41am EST, April 5, 2021)

\\n

\\n

Microsoft is up to $244.65 having started the day at $242.76, overall a 0.95% move or $2.3 today.

\\n

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 $244.3 – a high enough level to usually suggest Microsoft is trading above its value.

\\n

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

\\n

With a market cap of $1.85 trillion, The software giant started in 2021 by gaining 8.22%. So far this year it is outperforming the Nasdaq by 3.83%.

\\n

\\n
\\n

Aaron Sorkin’s “The Trial of the Chicago 7,” which gained surprising relevance after last year’s antiracist protests, is Netflix’s latest shot at a best-picture Oscar https://t.co/P8tRrqGecd

\\n

— Businessweek (@BW) April 5, 2021

\\n

\\n

\\n\",\"\\n

Google goes up to $2,180.82 as session gets underway

\\n

(Last update 9:41am EST, April 5, 2021)

\\n

\\n

Google is up to $2,180.82 having started the day at $2,153, overall a 2% move or $43.07 today.

\\n

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 the upper Bollinger band is at $2,157.84, This is a slight indication of a slowdown.

\\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 $1.47 trillion, The search engine giant started in 2021 by gaining 18.05%. So far this year it is outperforming the Nasdaq by 13.66%.

\\n

\\n
\\n

Aaron Sorkin’s “The Trial of the Chicago 7,” which gained surprising relevance after last year’s antiracist protests, is Netflix’s latest shot at a best-picture Oscar https://t.co/P8tRrqGecd

\\n

— Businessweek (@BW) April 5, 2021

\\n

\\n

\\n\",\"\\n

Tesla (NASDAQ:TSLA) starts session by gaining 6% to $701.6

\\n

(Last update 9:41am EST, April 5, 2021)

\\n

\\n

Tesla is up to $701.6 having started the day at $688.37, overall a 6% move or $39.85 today.

\\n

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 Tesla has just crossed the upper Bollinger band at $700.35, 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 $673.43 billion, Elon Musk's electric cars company started in 2021 by losing 6.64%. So far this year it is under-performing the Nasdaq by 11.03%.

\\n

\\n
\\n

Aaron Sorkin’s “The Trial of the Chicago 7,” which gained surprising relevance after last year’s antiracist protests, is Netflix’s latest shot at a best-picture Oscar https://t.co/P8tRrqGecd

\\n

— Businessweek (@BW) April 5, 2021

\\n

\\n

\\n\",\"\\n

After three days of going up, Zoom is down 1.47% today

\\n

(Last update 9:41am EST, April 5, 2021)

\\n

\\n

Zoom is down to $321.44 having started the day at $326, overall a 1.47% loss or $4.79 today.

\\n

Asset volatility analysis shows that the upper Bollinger band is at $337.94, indicating a further downward move might be next.

\\n

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

\\n

With a market cap of $94.41 billion, The video communications platform provider started in 2021 by losing 3.4%. So far this year it is under-performing the Nasdaq by 7.79%.

\\n

\\n
\\n

Aaron Sorkin’s “The Trial of the Chicago 7,” which gained surprising relevance after last year’s antiracist protests, is Netflix’s latest shot at a best-picture Oscar https://t.co/P8tRrqGecd

\\n

— Businessweek (@BW) April 5, 2021

\\n

\\n

\\n\",\"\\n

Netflix down to $536.77 as trading session gets underway

\\n

(Last update 9:41am EST, April 5, 2021)

\\n

\\n

Netflix is down to $536.77 having started the day at $540, overall a 0.49% loss or $2.65 today.

\\n

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 $543.8, indicating a further downward move might be next.

\\n

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

\\n

With a market cap of $237.73 billion, The streaming heavyweight started in 2021 by losing 0.24%. So far this year it is under-performing the Nasdaq by 4.63%.

\\n

\\n
\\n

Aaron Sorkin’s “The Trial of the Chicago 7,” which gained surprising relevance after last year’s antiracist protests, is Netflix’s latest shot at a best-picture Oscar https://t.co/P8tRrqGecd

\\n

— Businessweek (@BW) April 5, 2021

\\n

\\n

\\n\",\"\\n

Walmart trades at $139.43 after jumping $3.81 – its biggest single-day gain since September 2020

\\n

(Last update 5:31pm EST, April 5, 2021)

\\n

\\n

The warehouse store chain company closed at $139.43 after it made its largest daily jump ($3.81) since September 2020

\\n

important graph levels to look out for: Walmart's nearest support level is at $127.53. In terms of trend indicators, we can see that at $138.35, Walmart 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. Momentum evaluation shows The Relative Strength Index indicates Walmart is in strong overbought condition. Asset volatility analysis shows that Walmart has just crossed the upper Bollinger band at $139, indicating further gains might be next.

\\n

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

\\n

With a market cap of $392.78 billion, The warehouse store chain company started in 2021 by losing 6.29%. So far this year it is under-performing the Dow by 13.97%.

\\n

\\n
\\n

Pfizer says working on new COVID-19 vaccine supply deal to Israel https://t.co/D4zCcVVnka pic.twitter.com/fABh0ZcVXw

\\n

— Reuters (@Reuters) April 5, 2021

\\n

\\n

\\n\",\"\\n

After three days of going down, Procter & Gamble up 1.62% today

\\n

(Last update 5:31pm EST, April 5, 2021)

\\n

\\n

Procter & Gamble today at a glance – after starting today at $134.28 Procter & Gamble went up to $137.25 only to drop back to the half way point range, closing at $136.45. Trading volume was 6.19 million, below the daily average of 10.21 million.

\\n

A study of Procter & Gamble's chart pattern shows Procter & Gamble's immediate resistance is around $136.51, nearest support level is at $122.15. Momentum evaluation shows The Relative Strength Index shows Procter & Gamble has gone up above 70 going into overbought territory.

\\n

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

\\n

With a market cap of $336.01 billion, The consumer goods corporation started 2021 by losing 3.62%. So far this year it is under-performing the Dow by 11.3%.

\\n

\\n
\\n

Pfizer says working on new COVID-19 vaccine supply deal to Israel https://t.co/D4zCcVVnka pic.twitter.com/fABh0ZcVXw

\\n

— Reuters (@Reuters) April 5, 2021

\\n

\\n

\\n\",\"\\n

Walt Disney is trading around $188.5 after losing 0.25% today

\\n

(Last update 5:31pm EST, April 5, 2021)

\\n

\\n

Walt Disney today at a glance – light red but with no clear-cut direction, the entertainment giant closed the session at $188.5 after ranging between $191.67 and $188.09. Trading volume was 6.36 million, below the daily average of 11.09 million.

\\n

Walt Disney's graph levels to watch: Walt Disney might start to recover soon because it is getting close and is now only 47 cents from the support line at $188.03, Obviously, dipping below it could be an indication that further losses are ahead.

\\n

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

\\n

With a market cap of $342.18 billion, The entertainment giant started in 2021 by gaining 4.12%. So far this year it is under-performing the Dow Jones by 3.56%.

\\n

\\n
\\n

Pfizer says working on new COVID-19 vaccine supply deal to Israel https://t.co/D4zCcVVnka pic.twitter.com/fABh0ZcVXw

\\n

— Reuters (@Reuters) April 5, 2021

\\n

\\n

\\n\",\"\\n

Trend reversal? After three days of going down, Coca-Cola up 0.57% today

\\n

(Last update 5:31pm EST, April 5, 2021)

\\n

\\n

Coca-Cola today at a glance – after it started the day at $52.51 Coca-Cola went up to $53.22 only to drop back, yet still traded positively overall and closed at $52.81. Trading volume was 15.78 million, below the daily average of 21.59 million.

\\n

A study of Coca-Cola's graph shows key levels to watch: although Coca-Cola is green today and was as high as $53.22, it seems to be slowing down slightly and moving away from the $53.85 resistance line, and is now $1.04 below it. In terms of trend indicators, we can see that at $53.05, Coca-Cola made an initial breakout above the 5 day Simple Moving Average, an indication of a positive trend.

\\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 $227.57 billion, The soft drinks giant started 2021 by losing 4.44%. So far this year it is under-performing the Dow by 12.12%.

\\n

\\n
\\n

Pfizer says working on new COVID-19 vaccine supply deal to Israel https://t.co/D4zCcVVnka pic.twitter.com/fABh0ZcVXw

\\n

— Reuters (@Reuters) April 5, 2021

\\n

\\n

\\n\",\"\\n

Pfizer hovers around $36.28

\\n

(Last update 5:31pm EST, April 5, 2021)

\\n

\\n

Pfizer today at a glance – Pfizer closed at $36.28 with no clear-cut direction and ranged between $36.57 and $36.1. Trading volume was 18.51 million, below the daily average of 27.86 million.

\\n

Important graph levels to look out for: Pfizer's nearest support level is at $33.49. In terms of trend indicators, we can see that at $36.52, Pfizer made an initial breakout above the 200 day Simple Moving Average, an indication of a positive trend. Asset volatility analysis shows that the upper Bollinger band is at $36.75, indicating a downward move might be next.

\\n

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

\\n

With a market cap of $202.38 billion, The pharmaceuticals and biotechnology company started 2021 by losing 1.4%. So far this year it is under-performing the Dow by 9.08%.

\\n

\\n
\\n

Pfizer says working on new COVID-19 vaccine supply deal to Israel https://t.co/D4zCcVVnka pic.twitter.com/fABh0ZcVXw

\\n

— Reuters (@Reuters) April 5, 2021

\\n

\\n

\\n\",\"\\n

McDonald's closes at $228.85 after gaining 1.62% during the session

\\n

(Last update 8:11pm EST, April 5, 2021)

\\n

\\n

McDonald's yesterday at a glance – after starting the day at $225.21 the fast food company went up to $229.5 only to drop back to the half way point range and is now trading at $228.85. Trading volume was 2.82 million, below the daily average of 3.64 million.

\\n

Important graph levels to look out for: McDonald's immediate resistance is around $230.17, nearest support level is at $204.84.

\\n

With a market cap of $170.62 billion, The fast food company started in 2021 by gaining 6.34%. So far this year it is under-performing the Dow by 2.47%.

\\n

\\n
\\n

After losing a battle over ownership of Facebook and being shunned in Silicon Valley, Cameron and Tyler Winklevoss are back as budding Bitcoin billionaires at the center of the creative economy https://t.co/OFgoc6MGVl pic.twitter.com/5d6tXB3Sbo

\\n

— Forbes (@Forbes) April 6, 2021

\\n

\\n

\\n\",\"\\n

After starting the day at $59,300, Bitcoin crawls up to $59,475 (up $175.41)

\\n

(Last update 8:11pm EST, April 5, 2021)

\\n

\\n

Bitcoin is up to $59,475 having started the day at $59,300, overall a 0.28% move or $175.41 today.

\\n

As the day got underway, a chart visual study suggested the nearest resistance level was at $61,243.

\\n

With a market cap of 1.11 trillion, Bitcoin started in 2021 by gaining 48.39%.

\\n

\\n
\\n

After losing a battle over ownership of Facebook and being shunned in Silicon Valley, Cameron and Tyler Winklevoss are back as budding Bitcoin billionaires at the center of the creative economy https://t.co/OFgoc6MGVl pic.twitter.com/5d6tXB3Sbo

\\n

— Forbes (@Forbes) April 6, 2021

\\n

\\n

\\n\",\"\\n

Gold up $2.2, trading around $1,731

\\n

(Last update 8:11pm EST, April 5, 2021)

\\n

\\n

Gold posted light gains on a low-volatility day, ranging between $1,731 and $1,728.2 and is now at $1,731.

\\n

As the day gets underway, a chart visual study suggests gold could be slowing down soon as it is approaching and is only $10.3 away from resistance at $1,741.4, 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 $1,750.28 – a high enough level to usually suggest Gold is trading above its value.

\\n

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

\\n

Gold started 2021 by losing 9.48%.

\\n

\\n
\\n

After losing a battle over ownership of Facebook and being shunned in Silicon Valley, Cameron and Tyler Winklevoss are back as budding Bitcoin billionaires at the center of the creative economy https://t.co/OFgoc6MGVl pic.twitter.com/5d6tXB3Sbo

\\n

— Forbes (@Forbes) April 6, 2021

\\n

\\n

\\n\",\"\\n

Crude oil up 0.31%, trading around $59

\\n

(Last update 8:11pm EST, April 5, 2021)

\\n

\\n

Small gain for Oil at $59 after ranging today between $58.81 and $59.1.

\\n

As the day gets underway, a chart visual study suggests crude oil could be slowing down soon because it is getting closer and is now only 75 cents from the resistance line at $59.75, yet crossing it might suggest further gains are ahead. 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. However, the lower Bollinger band is at $57.23, indicating further gains might be next.

\\n

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

\\n

Oil started 2021 by gaining 17.46%.

\\n

\\n
\\n

After losing a battle over ownership of Facebook and being shunned in Silicon Valley, Cameron and Tyler Winklevoss are back as budding Bitcoin billionaires at the center of the creative economy https://t.co/OFgoc6MGVl pic.twitter.com/5d6tXB3Sbo

\\n

— Forbes (@Forbes) April 6, 2021

\\n

\\n

\\n\",\"\\n

Stable day for Euro, trading around 1.182

\\n

(Last update 8:11pm EST, April 5, 2021)

\\n

\\n

The Euro/Dollar trading at 1.182 having started the day at 1.1812, overall a 0.06% move or 7 pips today.

\\n

As the day gets underway, a chart visual study suggests the Euro/Dollar resistance level is at 1.1848.

\\n

The Euro/Dollar started 2021 by losing 3.88%.

\\n

\\n
\\n

After losing a battle over ownership of Facebook and being shunned in Silicon Valley, Cameron and Tyler Winklevoss are back as budding Bitcoin billionaires at the center of the creative economy https://t.co/OFgoc6MGVl pic.twitter.com/5d6tXB3Sbo

\\n

— Forbes (@Forbes) April 6, 2021

\\n

\\n

\\n\",\"\\n

Steady The Pound holds at 1.3907

\\n

(Last update 9:11pm EST, April 5, 2021)

\\n

\\n

GBP/USD trading at 1.3907 with no clear-cut direction, ranging between 1.3916 and 1.3898.

\\n

As the day gets underway, a chart visual study suggests the pound might start to recover soon because it is getting closer and is now only 84 pips from the support line at 1.3822, Obviously, dipping below it could be an indication that further losses are ahead. 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 Pound/Dollar is in overbought condition, keep an eye out for a slowdown of gains. In contrast, the upper Bollinger band is at 1.3918, indicating a downward move might be next.

\\n

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

\\n

The Pound started in 2021 by gaining 1.15%.

\\n

\\n
\\n

Japan Feb household spending hit by coronavirus curbs https://t.co/s18WsNXUIq pic.twitter.com/GKoT5ZSlTF

\\n

— Reuters (@Reuters) April 6, 2021

\\n

\\n

\\n\",\"\\n

Yen up 11 pips, trading around 110.3

\\n

(Last update 9:11pm EST, April 5, 2021)

\\n

\\n

small gain for the Yen at 110.3 after ranging today between 110.1 and 110.32.

\\n

As the day gets underway, a chart visual study suggests Yen's nearest support level is at 108.6. Momentum evaluation shows The Relative Strength Index shows the Dollar/Yen has gone up above 70 going into overbought territory. Asset volatility analysis shows that the upper Bollinger band is at 111.34, This is a slight indication of a slowdown.

\\n

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

\\n

The Yen started in 2021 by gaining 6.73%.

\\n

\\n
\\n

Japan Feb household spending hit by coronavirus curbs https://t.co/s18WsNXUIq pic.twitter.com/GKoT5ZSlTF

\\n

— Reuters (@Reuters) April 6, 2021

\\n

\\n

\\n\",\"\\n

Swiss franc hovers around 0.9372

\\n

(Last update 9:11pm EST, April 5, 2021)

\\n

\\n

The Dollar/Swiss is trading steadily today, ranging between 0.9372 and 0.9355 and is now at 0.9372.

\\n

As the day gets underway, a chart visual study suggests the Dollar/Swiss nearest support level is at 0.9225. 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. 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. On the other hand, note that the lower Bollinger band is at 0.9328, indicating a positive move might be next.

\\n

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

\\n

Dollar/Swiss started in 2021 by gaining 6.69%.

\\n

\\n
\\n

Japan Feb household spending hit by coronavirus curbs https://t.co/s18WsNXUIq pic.twitter.com/GKoT5ZSlTF

\\n

— Reuters (@Reuters) April 6, 2021

\\n

\\n

\\n\",\"\\n

Aussie/Dollar steady at 0.7654, no significant movement

\\n

(Last update 9:11pm EST, April 5, 2021)

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The Australian dollar recovered back to 0.7654 after dipping down to 0.7646 in a session that started at 0.7649.

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As the day gets underway, a chart visual study suggests the Aussie/Dollar resistance level is at 0.7697. 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 0.7662, indicating a downward move might be next.

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

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The Australian dollar started 2021 by losing 1.12%.

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Japan Feb household spending hit by coronavirus curbs https://t.co/s18WsNXUIq pic.twitter.com/GKoT5ZSlTF

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— Reuters (@Reuters) April 6, 2021

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