![](\\\"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 8:31pm EST, April 6, 2021)
\\nDow yesterday at a glance – Dow Jones slid down from 33,527 to 33,430, losing 96.95 points (0.29%).
\\nThe Chart pattern study shows the nearest support level is at 30,924. Asset volatility analysis shows that the upper Bollinger band is at 33,582, indicating a further downward move might be next. Japanese Candlesticks formations detected today are the "bearish harami”, Whenever it appears on top of a bullish overall trend, some traders would consider this as an indication of a reversal, of course. 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.
\\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 Dow
\\nThe Dow started 2021 by gaining 8.42%.
\\n\\n
\\n\\n\\n\\n\",\"\\nAmazon supports higher corporate taxes in U.S.: Bezos https://t.co/AzSjrkXGGO pic.twitter.com/tFkdTHOjQI
\\n— Reuters (@Reuters) April 6, 2021
(Last update 8:31pm EST, April 6, 2021)
\\nAfter opening at 4,078, S&P reached a record high of 4,086.23. Later, it lost 12.23 points and closed at 4,074.
\\nAn analysis of the S&P chart suggests the S&P nearest support level is at 3,768.47. 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 4,076.56, indicating a downward move might be next. Japanese Candlesticks formations detected today are the "bearish harami”, Whenever it appears on top of a bullish overall trend, some traders would consider this as an indication of a reversal, of course. In contrast, 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. The Relative Strength Index indicates the S&P is in overbought condition, keep an eye out for a slowdown of gains.
\\nOverall, looking at the technical analysis landscape, it seems S&P might be pointing down in the short term.
\\nThe S&P 500 started 2021 by gaining 7.79%.
\\n\\n
\\n\\n\\n\\n\",\"\\nAmazon supports higher corporate taxes in U.S.: Bezos https://t.co/AzSjrkXGGO pic.twitter.com/tFkdTHOjQI
\\n— Reuters (@Reuters) April 6, 2021
(Last update 8:31pm EST, April 6, 2021)
\\nApple yesterday at a glance – Apple closed at $126.21 with no clear-cut direction and ranged between $127.13 and $125.65. Trading volume was 80.17 million, below the daily average of 103.08 million.
\\nApple's graph levels to watch: Apple might start to recover soon because it is getting close and is now only 64 cents from the support line at $125.57, 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 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. Asset volatility analysis shows that the upper Bollinger band is at $126.54, indicating a downward move might be next.
\\nOverall, the technical analysis suggests Apple is neutral for the immediate future, with no clear-cut direction.
\\nWith a market cap of $2.12 trillion, The mobile and tech colossus started in 2021 by losing 5.15%. So far this year it is under-performing the Nasdaq by 11.06%.
\\n\\n
\\n\\n\\n\\n\",\"\\nAmazon supports higher corporate taxes in U.S.: Bezos https://t.co/AzSjrkXGGO pic.twitter.com/tFkdTHOjQI
\\n— Reuters (@Reuters) April 6, 2021
(Last update 8:31pm EST, April 6, 2021)
\\nFacebook yesterday at a glance – Mark Zuckerberg's company slid down from $308.91 to $306.26, taking a $2.65 loss (0.86%). Trading volume was 16.37 million, below the daily average of 22.13 million.
\\nThe Chart visual study suggests Facebook's nearest support level is at $293.54, followed by $278.74 at the next level. 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. However, the upper Bollinger band at $308.68, indicating a further downward move might be next.
\\nOverall, looking at the technical analysis landscape – although indicators are mixed and some are pointing in different directions, it seems Facebook might reverse course and start pointing upward in the short term.
\\nWith a market cap of $872.13 billion, Mark Zuckerberg's company started in 2021 by gaining 10.72%. So far this year it is outperforming the Nasdaq by 4.81%.
\\n\\n
\\n\\n\\n\\n\",\"\\nAmazon supports higher corporate taxes in U.S.: Bezos https://t.co/AzSjrkXGGO pic.twitter.com/tFkdTHOjQI
\\n— Reuters (@Reuters) April 6, 2021
(Last update 8:31pm EST, April 6, 2021)
\\nAmazon yesterday at a glance – Amazon closed at $3,223.82 with no clear-cut direction and ranged between $3,247.31 and $3,217. Trading volume was 2.30 million, below the daily average of 3.11 million.
\\nAmazon chart analysis: Amazon's nearest support level is at $2,952. 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 $3,212.25, indicating a downward move might be next.
\\nOverall, the technical analysis suggests Amazon is neutral for the immediate future, with no clear-cut direction.
\\nWith a market cap of $1.62 trillion, Jeff Bezos’s company started in 2021 by losing 1.03%. So far this year it is under-performing the Nasdaq by 6.94%.
\\n\\n
\\n\\n\\n\\n\",\"\\nAmazon supports higher corporate taxes in U.S.: Bezos https://t.co/AzSjrkXGGO pic.twitter.com/tFkdTHOjQI
\\n— Reuters (@Reuters) April 6, 2021
(Last update 8:56pm EST, April 6, 2021)
\\nMicrosoft yesterday at a glance – the software giant slid down from $249.07 to $247.86, taking a $1.21 loss (0.49%). Trading volume was 22.93 million, below the daily average of 29.88 million.
\\nMicrosoft chart analysis: nearest support level is at $226.73. 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 $251.47, indicating a further downward move might be next. On the other hand, note 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.
\\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 Microsoft.
\\nwith a market cap of $1.87 trillion, The iconic OS developer has started 2021 by gaining 10.21%. So far this year it is outperforming the Nasdaq by 4.3%.
\\n\\n
\\n\\n\\n\\n\",\"\\nThe Supreme Court has handed Google a huge victory in its long-running battle with Oracle. What are the implications for software developers? Read our explainer from the archive https://t.co/wstEuw3ZGQ
\\n— The Economist (@TheEconomist) April 6, 2021
(Last update 8:56pm EST, April 6, 2021)
\\nGoogle yesterday at a glance – Google traded steadily yesterday, ranging between $2,237.51 and $2,215 and closed at $2,224.75. Trading volume was 1.35 million, below the daily average of 1.43 million.
\\nA study of Google's graph shows key levels to watch: Google's nearest support level is at $2,108.54. 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. Momentum evaluation shows The Relative Strength Index indicates Google is in strong overbought condition. However, the upper Bollinger band is at $2,260.46, indicating a downward move might be next.
\\nOverall, looking at the technical analysis landscape, it seems Google might be pointing upward in the short term.
\\nWith a market cap of $1.50 trillion, The leading search engine company started in 2021 by gaining 21.25%. So far this year it is outperforming the Nasdaq by 15.34%.
\\n\\n
\\n\\n\\n\\n\",\"\\nThe Supreme Court has handed Google a huge victory in its long-running battle with Oracle. What are the implications for software developers? Read our explainer from the archive https://t.co/wstEuw3ZGQ
\\n— The Economist (@TheEconomist) April 6, 2021
(Last update 8:57pm EST, April 6, 2021)
\\nTesla yesterday at a glance – a mostly flat day for Tesla as it ranged between $696.53 and $681.37 and closed at $691.62. Trading volume was 28.27 million, below the daily average of 34.34 million.
\\nAn analysis of the Tesla chart suggests Tesla's resistance level is at $707.94. Asset volatility analysis shows that the upper Bollinger band is at $710.92, indicating a downward move might be next.
\\nOverall, looking at the technical analysis landscape, it seems Tesla is likely to start pointing downward in the short term.
\\nWith a market cap of $663.85 billion, Elon Musk's electric cars company started in 2021 by losing 2.03%. So far this year it is under-performing the Nasdaq by 7.94%.
\\n\\n
\\n\\n\\n\\n\",\"\\nThe Supreme Court has handed Google a huge victory in its long-running battle with Oracle. What are the implications for software developers? Read our explainer from the archive https://t.co/wstEuw3ZGQ
\\n— The Economist (@TheEconomist) April 6, 2021
(Last update 8:57pm EST, April 6, 2021)
\\nZoom yesterday at a glance – after starting the day at $323.96 the video communications platform provider went up to $332.65 only to drop back to the half way point range and is now trading at $329.79. Trading volume was 3.22 million, below the daily average of 3.52 million.
\\nChart visual study suggests that although Zoom is green today and was as high as $332.65, it seems to be slowing down slightly and moving away from the $355.17 resistance line, and is now $25.38 below it. In terms of trend indicators, we can see that at $328.74, Zoom 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. Asset volatility analysis shows that the upper Bollinger band is at $339.35, This is a slight indication of a slowdown.
\\nOverall, the technical analysis suggests Zoom is neutral for the immediate future, with no clear-cut direction.
\\nWith a market cap of $96.86 billion, The video communications platform provider started in 2021 by losing 2.32%. So far this year it is under-performing the Nasdaq by 8.23%.
\\n\\n
\\n\\n\\n\\n\",\"\\nThe Supreme Court has handed Google a huge victory in its long-running battle with Oracle. What are the implications for software developers? Read our explainer from the archive https://t.co/wstEuw3ZGQ
\\n— The Economist (@TheEconomist) April 6, 2021
(Last update 8:57pm EST, April 6, 2021)
\\nNetflix yesterday at a glance – after it started the day at $540.67 Netflix went up to $554.16 only to drop back, yet still traded positively overall and closed at $544.53. Trading volume was 3.47 million, below the daily average of 3.77 million.
\\nNetflix chart analysis: Netflix immediate resistance is around $551.36, nearest support level is at $535.09. 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 $555.28, This is a slight indication of a slowdown.
\\nOverall, the technical analysis suggests Netflix is neutral for the immediate future, with no clear-cut direction.
\\nWith a market cap of $241.17 billion, The streaming company started in 2021 by gaining 0.7%. So far this year it is under-performing the Nasdaq by 5.21%.
\\n\\n
\\n\\n\\n\\n\",\"\\nThe Supreme Court has handed Google a huge victory in its long-running battle with Oracle. What are the implications for software developers? Read our explainer from the archive https://t.co/wstEuw3ZGQ
\\n— The Economist (@TheEconomist) April 6, 2021
(Last update 8:11pm EST, April 6, 2021)
\\nStarting the session at $139.43, the warehouse store chain company rallied above $140.95 for the first time in 7 weeks, gaining 66 cents, and closed at $140.1.
\\nVisual analysis of Walmart's price graph shows Walmart's immediate resistance is around $141.19, nearest support level is at $127.53. 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 Walmart 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 $141.09 – a high enough level to usually suggest Walmart is trading above its value.
\\nOverall, looking at the technical analysis landscape, it seems Walmart is likely to continue pointing upward in the short term.
\\nWith a market cap of $394.67 billion, The warehouse store chain company started in 2021 by losing 2.9%. So far this year it is under-performing the Dow by 11.32%.
\\n\\n
https://twitter.com/me/status/1379574735445573639
\\n\\n\",\"\\n(Last update 8:11pm EST, April 6, 2021)
\\nProcter & Gamble yesterday at a glance – Procter & Gamble closed at $136.5 with no clear-cut direction and ranged between $137.02 and $135.64. Trading volume was 5.94 million, below the daily average of 111.05 million.
\\nProcter & Gamble chart analysis: Procter & Gamble's nearest support level is at $122.15. Asset volatility analysis shows that the upper Bollinger band is at $138.32, indicating a downward move might be next.
\\nOverall, looking at the technical analysis landscape, it seems Procter & Gamble is likely to start pointing downward in the short term.
\\nWith a market cap of $336.13 billion, The consumer goods company started 2021 by losing 1.93%. So far this year it is under-performing the Dow by 10.35%.
\\n\\n
https://twitter.com/me/status/1379574735445573639
\\n\\n\",\"\\n(Last update 8:11pm EST, April 6, 2021)
\\nWalt Disney yesterday at a glance – the entertainment and content production company rallied 0.65% and maintained at $189.73 level. Trading volume was 7.76 million, below the daily average of 8.89 million.
\\nThe Chart visual study suggests the nearest resistance level is at $197.51, followed by $201.91 at the next level. Asset volatility analysis shows that a slight indication of a slowdown comes from looking at the Bollinger bands: the upper band is at $191.07 – a high enough level to usually suggest Walt Disney is trading above its value.
\\nOverall, looking at the technical analysis landscape, it seems Walt Disney is likely to reverse course and start pointing down in the short term.
\\nWith a market cap of $344.41 billion, The entertainment giant started in 2021 by gaining 4.54%. So far this year it is under-performing the Dow Jones by 3.88%.
\\n\\n
https://twitter.com/me/status/1379574735445573639
\\n\\n\",\"\\n(Last update 8:11pm EST, April 6, 2021)
\\nCoca-Cola yesterday at a glance – the soft drink company gained 0.72% and stayed at $53.19 levels. Trading volume was 14.94 million, below the daily average of 16.15 million.
\\nImportant graph levels to look out for: Coca-Cola could be slowing down soon as it is approaching and is only 65 cents away from resistance at $53.85, of course, crossing it might suggest further gains are ahead. In terms of trend indicators, we can see that at $53, Coca-Cola made an initial breakout above the 5 day Simple Moving Average, an indication of a positive trend.
\\nOverall, technical indicators suggest Coca-Cola has no obvious direction for the immediate future.
\\nWith a market cap of $229.21 billion, The soft drinks giant started in 2021 by losing 3.12%. So far this year it is under-performing the Dow Jones by 11.54%.
\\n\\n
https://twitter.com/me/status/1379574735445573639
\\n\\n\",\"\\n(Last update 8:11pm EST, April 6, 2021)
\\nPfizer yesterday at a glance – After a mostly steady session, the pharmaceuticals and biotechnology company lost 0.63%, closing at $36.05. Trading volume was 20.30 million, below the daily average of 24.47 million.
\\nPfizer chart analysis: nearest support level is at $33.49. In terms of trend indicators, we can see that at $36.04, Pfizer made an initial breakout below the 10 day Simple Moving Average, an indication of a negative trend. Asset volatility analysis shows that the upper Bollinger band is at $36.74, indicating a further downward move might be next.
\\nOverall, looking at the technical analysis landscape, it seems Pfizer is likely to continue pointing down in the short term.
\\nWith a market cap of $201.09 billion, The pharmaceuticals and biotechnology company started 2021 by losing 2.09%. So far this year it is under-performing the Dow by 10.51%.
\\n\\n
https://twitter.com/me/status/1379574735445573639
\\n\\n\",\"\\n(Last update 8:56pm EST, April 6, 2021)
\\nMcDonald's yesterday at a glance – the fast food giant went up to $231.91 and gained $3.06 compared to the $228.85 start of the day (1.34%). Trading volume was 3.23 million, below the daily average of 3.62 million.
\\nA study of McDonald's's chart pattern shows McDonald'ss immediate resistance is around $233.19, nearest support level is at $204.84. 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 McDonald's is in overbought condition, keep an eye out for a slowdown of gains. On the other hand, note that a slight indication of a slowdown comes from looking at the Bollinger bands: the upper band is at $234.08 – a high enough level to usually suggest McDonald's is trading above its value.
\\nOverall, looking at the technical analysis landscape, it seems McDonald's likely to continue pointing upward in the short term.
\\nWith a market cap of $170.62 billion, The fast food giant started in 2021 by gaining 7.57%. So far this year it is under-performing the Dow Jones by 0.85%.
\\n\\n
\\n\\n\\n\\n\",\"\\nWhy Bitcoin Price Floors Have Strong Support Above $40,000$BTC $ETH https://t.co/XGgkaYEFTH
\\n— Benzinga Crypto (@benzingacrypto) April 7, 2021
(Last update 8:56pm EST, April 6, 2021)
\\nBitcoin dropped from $58,162 to $57,900, losing $261.73 (0.43%).
\\nAs the day gets underway, 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 although down today, it's worth noting that at $58,141 Bitcoin did peak above the 10 day Simple Moving Average earlier, usually an indication that a positive move is maybe ahead. 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.
\\nOverall, technical indicators suggest Bitcoin has no obvious direction for the immediate future.
\\nWith a market cap of 1.08 trillion, Bitcoin started in 2021 by gaining 50.58%.
\\n\\n
\\n\\n\\n\\n\",\"\\nWhy Bitcoin Price Floors Have Strong Support Above $40,000$BTC $ETH https://t.co/XGgkaYEFTH
\\n— Benzinga Crypto (@benzingacrypto) April 7, 2021
(Last update 8:56pm EST, April 6, 2021)
\\nA mostly flat day so far for gold, ranging between $1,745.4 and $1,742.2 and is now at $1,743.2.
\\nAs the day gets underway, a chart visual study suggests gold might start to recover soon because it is getting close and is now only $1.8 from the support line at $1,741.4, Obviously, dipping below it could be an indication that further losses are ahead. In terms of trend indicators, we can see that medium-term trend indications have 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. In contrast, the upper Bollinger band is at $1,753.65, indicating a downward move might be next.
\\nOverall, looking at the technical analysis landscape, it seems Gold might be pointing upward in the short term.
\\nGold started 2021 by losing 8.53%.
\\n\\n
\\n\\n\\n\\n\",\"\\nWhy Bitcoin Price Floors Have Strong Support Above $40,000$BTC $ETH https://t.co/XGgkaYEFTH
\\n— Benzinga Crypto (@benzingacrypto) April 7, 2021
(Last update 8:56pm EST, April 6, 2021)
\\nCrude oil is trading steadily today, ranging between $59.37 and $59.06 and is now at $59.24.
\\nAs the day gets underway, a chart visual study suggests oil might start to recover soon because it is getting closer and is now only $1.48 from the support line at $57.76, Obviously, dipping below it could be an indication that further losses are ahead. Asset volatility analysis shows that the lower Bollinger band is at $57.29, indicating a positive move might be next. Japanese Candlesticks formations detected today are the "bullish harami”, when it appears on top of a bearish overall trend, as it is now, some traders would consider this as an indication of a reversal of course.
\\nOverall, looking at the technical analysis landscape, it seems oil might start pointing upward in the short term.
\\nOil started in 2021 by gaining 18.03%.
\\n\\n
\\n\\n\\n\\n\",\"\\nWhy Bitcoin Price Floors Have Strong Support Above $40,000$BTC $ETH https://t.co/XGgkaYEFTH
\\n— Benzinga Crypto (@benzingacrypto) April 7, 2021
(Last update 8:56pm EST, April 6, 2021)
\\nThe Euro is sliding down from 1.1876 to 1.1873, taking a 2 pip loss (0.02%).
\\nAs the day gets underway, a chart visual study suggests the Euro/Dollar resistance level is at 1.1984. Asset volatility analysis shows that the upper Bollinger band is at 1.1985, indicating a downward move might be next.
\\nOverall, looking at the technical analysis landscape, it seems the Euro/Dollar is likely to start pointing downward in the short term.
\\nThe Euro started 2021 by losing 3.43%.
\\n\\n
\\n\\n\\n\\n\",\"\\nWhy Bitcoin Price Floors Have Strong Support Above $40,000$BTC $ETH https://t.co/XGgkaYEFTH
\\n— Benzinga Crypto (@benzingacrypto) April 7, 2021
(Last update 9:11pm EST, April 6, 2021)
\\nSmall gain for GBP/USD at 1.3838 after ranging today between 1.382 and 1.3839.
\\nAs the day gets underway, a chart visual study suggests the British Pound's nearest resistance level is at 1.3986, followed by 1.4138 at the next level. In terms of trend indicators, we can see that at 1.3829, the Pound made an initial breakout above the 3 day Simple Moving Average, an indication of a positive trend. Asset volatility analysis shows that the upper Bollinger band is at 1.3903, This is a slight indication of a slowdown.
\\nOverall, the technical analysis suggests the British Pound is neutral for the immediate future, with no clear-cut direction.
\\nThe Pound/Dollar started in 2021 by gaining 1.73%.
\\n\\n
\\n\\n\\n\\n\",\"\\nNew UK regulator set to curb big tech's power over news publishers https://t.co/tI0h3g2ZGu pic.twitter.com/4diEdaInbs
\\n— Reuters Business (@ReutersBiz) April 7, 2021
(Last update 9:11pm EST, April 6, 2021)
\\nThe Dollar/Yen slid down to 109.6, following mixed behavior today, as it ranged between 109.59 and 109.91.
\\nAs the day gets underway, a chart visual study suggests the dollar/yen might start to recover soon because it is getting close and is now only 100 pips from the support line at 108.6, 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 108.75 – a low enough level to usually suggest the Yen is trading below its value. In contrast, 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.
\\nOverall, looking at the technical analysis landscape – although indicators are mixed and some are pointing in different directions, it seems the Yen might reverse course and start pointing upward in the short term.
\\nThe Dollar/Yen started 2021 by gaining 6.34%.
\\n\\n
\\n\\n\\n\\n\",\"\\nNew UK regulator set to curb big tech's power over news publishers https://t.co/tI0h3g2ZGu pic.twitter.com/4diEdaInbs
\\n— Reuters Business (@ReutersBiz) April 7, 2021
(Last update 9:11pm EST, April 6, 2021)
\\nThe Dollar/Swiss is trading steadily today, ranging between 0.933 and 0.9304 and is now at 0.9306.
\\nAs the day got underway, a chart visual study suggests Dollar/Swiss reversed direction at 0.9225 support zone and climbed 80 pips above it. Asset volatility analysis shows that the lower Bollinger band is at 0.9303, indicating a positive move might be next. In contrast, 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.
\\nOverall, looking at the technical analysis landscape, it seems Dollar/Swiss might be pointing upward in the short term.
\\nThe Swiss franc started in 2021 by gaining 5.82%.
\\n\\n
\\n\\n\\n\\n\",\"\\nNew UK regulator set to curb big tech's power over news publishers https://t.co/tI0h3g2ZGu pic.twitter.com/4diEdaInbs
\\n— Reuters Business (@ReutersBiz) April 7, 2021
(Last update 9:11pm EST, April 6, 2021)
\\nLight green, mostly flat: Australian dollar ranges between 0.7676 and 0.7656 and is now at 0.7676.
\\nAs the day gets underway, a chart visual study suggests the Aussie/Dollar is eyeing resistance at 0.7697 and is now only 21 pips away, whilst this indicates a slow down or reverse of direction around 0.7697, crossing it might suggest a prolonged positive move. In terms of trend indicators, we can see that the CCI indicator is above 100. When the CCI (Commodity Channel Index) is at this level, it means the price is above the average price as measured by the indicator, indicating a possible start of a new uptrend. Momentum evaluation shows The Relative Strength Index indicates the Australian dollar is in overbought condition. Asset volatility analysis shows that the upper Bollinger band is at 0.7679, This is a slight indication of a slowdown.
\\nOverall, the technical analysis suggests the Australian dollar is neutral for the immediate future, with no clear-cut direction.
\\nThe Aussie/Dollar started 2021 by losing 0.58%.
\\n\\n
\\n\\n\\n\\n\\n\"],\"title\":\"Financial Markets Review – 6 April 2021 – 21:11:37\",\"date\":\"2021-04-07T01:11:37\"}"; var omg_ads = JSON.parse(decodeHtml(omg_ads_string)); } catch (e) { var omg_ads = JSON.parse(omg_ads_string); }New UK regulator set to curb big tech's power over news publishers https://t.co/tI0h3g2ZGu pic.twitter.com/4diEdaInbs
\\n— Reuters Business (@ReutersBiz) April 7, 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-1579693409321-1be2df1ab130?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\\\")
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