![](\\\"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 7:51pm EST, April 7, 2021)
\\nDow Jones today at a glance – Dow Jones closed at 33,446 with no clear-cut direction and ranged between 33,522 and 33,348.
\\nVisual analysis of the Dow Jones's price graph shows Dow Jones' nearest support level is at 30,924. In terms of trend indicators, we can see that at 33,370, Dow made an initial breakout below the 3 day Simple Moving Average, an indication of a negative 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 the Dow is in overbought condition. Asset volatility analysis shows that the upper Bollinger band is at 33,625, indicating a downward move might be next.
\\nOverall, the technical analysis suggests Dow Jones is neutral for the immediate future, with no clear-cut direction.
\\nThe Dow started 2021 by gaining 8.49%.
\\n\\n
\\n\\n\\n\\n\",\"\\nU.S. SEC blocks Amazon effort to stop shareholder votes on racial equity audit https://t.co/499ePeuhnd pic.twitter.com/wsIoFuBofH
\\n— Reuters Business (@ReutersBiz) April 7, 2021
(Last update 7:51pm EST, April 7, 2021)
\\nS&P 500 today at a glance – a mostly flat day for the S&P 500 as it ranged between 4,083 and 4,068.31 and closed at 4,080.
\\nVisual analysis of the S&P 500's price graph shows the S&P 500's 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. 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 S&P 500 is in overbought condition, Keep an eye out for a slowdown of gains. Asset volatility analysis shows that the upper Bollinger band is at 4,093.38, indicating a downward move might be next.
\\nOverall, the technical analysis picture suggests S&P is neutral for the immediate future, with no clear-cut direction.
\\nThe S&P 500 started 2021 by gaining 7.95%.
\\n\\n
\\n\\n\\n\\n\",\"\\nU.S. SEC blocks Amazon effort to stop shareholder votes on racial equity audit https://t.co/499ePeuhnd pic.twitter.com/wsIoFuBofH
\\n— Reuters Business (@ReutersBiz) April 7, 2021
(Last update 7:51pm EST, April 7, 2021)
\\nApple today at a glance – the sleek phone manufacturer gained 1.34% and stayed at $127.9 levels. Trading volume was 80.92 million, below the daily average of 101.39 million.
\\nA study of Apple's graph shows key levels to watch: Apple's immediate resistance is around $128.83, nearest support level is at $119.9. In terms of trend indicators, we can see that at $127.49, Apple made an initial breakout above the 50 day Simple Moving Average, an indication of a positive trend. 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 $128.39, This is a slight indication of a slowdown.
\\nOverall, the technical analysis suggests Apple is neutral for the immediate future, with no clear-cut direction.
\\nWith a market cap of $2.15 trillion, The sleek phone manufacturer started in 2021 by losing 3.8%. So far this year it is under-performing the Nasdaq by 9.64%.
\\n\\n
\\n\\n\\n\\n\",\"\\nU.S. SEC blocks Amazon effort to stop shareholder votes on racial equity audit https://t.co/499ePeuhnd pic.twitter.com/wsIoFuBofH
\\n— Reuters Business (@ReutersBiz) April 7, 2021
(Last update 7:52pm EST, April 7, 2021)
\\nFacebook today at a glance – Mark Zuckerberg's company rallied 2.23% and maintained at $313.09 level. Trading volume was 22.29 million, around the average daily.
\\nThe Chart pattern study shows Facebook's immediate resistance is around $316.39, 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. Momentum evaluation shows The Relative Strength Index indicates Facebook is in overbought condition. On the other hand, note that the upper Bollinger band is at $315.35, This is a slight indication of a slowdown.
\\nOverall, looking at the technical analysis landscape, it seems Facebook is likely to continue pointing upward in the short term.
\\nWith a market cap of $891.58 billion, Mark Zuckerberg's company started in 2021 by gaining 13.04%. So far this year it is outperforming the Nasdaq by 7.2%.
\\n\\n
\\n\\n\\n\\n\",\"\\nU.S. SEC blocks Amazon effort to stop shareholder votes on racial equity audit https://t.co/499ePeuhnd pic.twitter.com/wsIoFuBofH
\\n— Reuters Business (@ReutersBiz) April 7, 2021
(Last update 7:52pm EST, April 7, 2021)
\\nAmazon today at a glance – after it started the day at $3,223.82 Amazon went up to $3,303.58 only to drop back, yet still traded positively overall and closed at $3,279.39. Trading volume was 3.22 million, above the daily average of 3.15 million.
\\nImportant graph levels to look out for: Amazon immediate resistance is around $3,314, 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. Momentum evaluation shows The Relative Strength Index indicates Amazon is in overbought condition, Keep an eye out for a slowdown of gains. On the other hand, note that the upper Bollinger band is at $3,277.74, This is a slight indication of a slowdown.
\\nOverall, looking at the technical analysis landscape, it seems Amazon is likely to continue pointing upward in the short term.
\\nWith a market cap of $1.65 trillion, the tech and retail multifaceted giant has started 2021 by gaining 0.7%. So far this year it is under-performing the Nasdaq by 5.14%.
\\n\\n
\\n\\n\\n\\n\",\"\\nU.S. SEC blocks Amazon effort to stop shareholder votes on racial equity audit https://t.co/499ePeuhnd pic.twitter.com/wsIoFuBofH
\\n— Reuters Business (@ReutersBiz) April 7, 2021
(Last update 7:26pm EST, April 7, 2021)
\\nAfter opening at $247.86, Microsoft reached a record high of $250.93. Later, it lost $1.03 and closed at $249.9.
\\nA study of Microsoft's chart pattern shows Microsoft immediate resistance is around $251.49, 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 a slight indication of a slowdown comes from looking at the Bollinger bands: the upper band is at $254.59 – a high enough level to usually suggest Microsoft is trading above its value. However, the Relative Strength Index indicates Microsoft is in overbought condition, Keep an eye out for a slowdown of gains.
\\nOverall, looking at the technical analysis landscape, it seems a reverse of course in the short term might be next for Microsoft.
\\nwith a market cap of $1.88 trillion, The iconic OS developer started in 2021 by gaining 11.09%. So far this year it is outperforming the Nasdaq by 5.25%.
\\n\\n
\\n\\n\\n\\n\",\"\\nOracle may have lost the (court) battle with Google. But its war is far from over https://t.co/EqZLxfdmKf
\\n— Businessweek (@BW) April 7, 2021
(Last update 7:26pm EST, April 7, 2021)
\\nGoogle today at a glance – after starting the session at $2,224.75 Google spiked to $2,255, dropped back to starting point range, and rallied again to $2,249.68. Trading volume was 1.10 million, below the daily average of 1.41 million.
\\nThe Chart visual study suggests Google's immediate resistance is around $2,261, 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. In contrast, a slight indication of a slowdown comes from looking at the Bollinger bands: the upper band is at $2,302.35 – a high enough level to usually suggest Google is trading above its value.
\\nOverall, looking at the technical analysis landscape, it seems Google is likely to continue pointing upward in the short term.
\\nWith a market cap of $1.51 trillion, The leading search engine company started 2021 by gaining 22.38%. So far this year it is outperforming the Nasdaq by 16.54%.
\\n\\n
\\n\\n\\n\\n\",\"\\nOracle may have lost the (court) battle with Google. But its war is far from over https://t.co/EqZLxfdmKf
\\n— Businessweek (@BW) April 7, 2021
(Last update 7:26pm EST, April 7, 2021)
\\nTesla today at a glance – Elon Musk's electric car company slid down from $691.62 to $670.97, taking a $20.65 loss (3%). Trading volume was 25.93 million, below the daily average of 33.94 million.
\\nThe Chart pattern study shows the nearest support level is at $563. In terms of trend indicators, we can see that at $669.59, Tesla made an initial breakout below the 5 day Simple Moving Average, an indication of a negative trend.
\\nOverall, looking at the technical analysis landscape, it seems Tesla is likely to continue pointing down in the short term.
\\nWith a market cap of $644.03 billion, The trendy electric car company has started 2021 by losing 5%. So far this year it is under-performing the Nasdaq by 10.86%.
\\n\\n
\\n\\n\\n\\n\",\"\\nOracle may have lost the (court) battle with Google. But its war is far from over https://t.co/EqZLxfdmKf
\\n— Businessweek (@BW) April 7, 2021
(Last update 7:26pm EST, April 7, 2021)
\\nZoom today at a glance – the video communications platform provider slid down from $329.79 to $323.08, taking a $6.71 loss (2.03%). Trading volume was 4.11 million, above the daily average of 3.41 million.
\\nZoom chart analysis: Zoom might start to recover soon because it is getting closer and is now only $12.15 from the support line at $310.93, Obviously, dipping below it could be an indication that further losses are ahead. In terms of trend indicators, we can see that although down today, it's worth noting that at $328.37 Zoom did peak above the 21 day Simple Moving Average earlier, usually an indication that a positive move is maybe ahead. In contrast, the upper Bollinger band at $332, 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 Zoom might reverse course and start pointing upward in the short term.
\\nWith a market cap of $94.89 billion, The video communications platform provider started in 2021 by losing 4.32%. So far this year it is under-performing the Nasdaq by 10.16%.
\\n\\n
\\n\\n\\n\\n\",\"\\nOracle may have lost the (court) battle with Google. But its war is far from over https://t.co/EqZLxfdmKf
\\n— Businessweek (@BW) April 7, 2021
(Last update 7:26pm EST, April 7, 2021)
\\nNetflix today at a glance – after it started the day at $544.53 Netflix went up to $549.56 only to drop back, yet still traded positively overall and closed at $547. Trading volume was 2.02 million, below the daily average of 3.43 million.
\\nThe Chart visual study suggests Netflix's immediate resistance is around $550.55, nearest support level is at $535.09. Momentum evaluation shows The Relative Strength Index indicates Netflix is in overbought condition. Asset volatility analysis shows that the upper Bollinger band is at $559.18, This is a slight indication of a slowdown.
\\nOverall, technical indicators suggest Netflix has no obvious direction for the immediate future.
\\nWith a market cap of $242.26 billion, The streaming company started in 2021 by gaining 1.15%. So far this year it is under-performing the Nasdaq by 4.69%.
\\n\\n
\\n\\n\\n\\n\",\"\\nOracle may have lost the (court) battle with Google. But its war is far from over https://t.co/EqZLxfdmKf
\\n— Businessweek (@BW) April 7, 2021
(Last update 8:21pm EST, April 7, 2021)
\\nWalmart yesterday at a glance – light red, mostly flat: Walmart ranged between $140.72 and $139.66 and closed at $139.8. Trading volume was 6.79 million, below the daily average of 9.28 million.
\\nThe Chart pattern study shows the 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. In contrast, the upper Bollinger band at $141.64, 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 Walmart might reverse course and start pointing upward in the short term.
\\nWith a market cap of $393.83 billion, The warehouse store chain company started in 2021 by losing 3.1%. So far this year it is under-performing the Dow by 11.59%.
\\n\\n
\\n\\n\\n\\n\",\"\\nJim Cramer says Walmart is among the stocks that will do well in a 'hybrid world' https://t.co/cYGzAolvEr
\\n— CNBC (@CNBC) April 7, 2021
(Last update 8:21pm EST, April 7, 2021)
\\nProcter & Gamble yesterday at a glance – hesitant but green, Procter & Gamble closed at $136.74 after ranging between $136.25 and $137.33. Trading volume was 10.24 million, above the daily average of 8.50 million.
\\nAn analysis of the Procter & Gamble chart suggests Procter & Gamble immediate resistance is around $137.3, nearest support level is at $122.15. Asset volatility analysis shows that the upper Bollinger band is at $138.44, This is a slight indication of a slowdown.
\\nOverall, looking at the technical analysis landscape, it seems Procter & Gamble is likely to reverse course and start pointing down in the short term.
\\nWith a market cap of $336.72 billion, The consumer goods company started 2021 by losing 1.76%. So far this year it is under-performing the Dow Jones by 10.25%.
\\n\\n
\\n\\n\\n\\n\",\"\\nJim Cramer says Walmart is among the stocks that will do well in a 'hybrid world' https://t.co/cYGzAolvEr
\\n— CNBC (@CNBC) April 7, 2021
(Last update 8:21pm EST, April 7, 2021)
\\nWalt Disney yesterday at a glance – the entertainment and content production company dropped 1.14% early on and stayed at the $187.56 range. Trading volume was 5.03 million, below the daily average of 8.33 million.
\\nAn analysis of the Walt Disney chart suggests Walt Disney's immediate support is around $186.24, resistance level is at $197.51. In terms of trend indicators, we can see that at $187.16, Walt Disney made an initial breakout below the 50 day Simple Moving Average, an indication of a negative trend. Asset volatility analysis shows that the upper Bollinger band is at $190.26, indicating a further downward move might be next.
\\nOverall, looking at the technical analysis landscape, it seems Walt Disney is likely to continue pointing down in the short term.
\\nWith a market cap of $340.47 billion, The entertainment giant started in 2021 by gaining 3.36%. So far this year it is under-performing the Dow by 5.13%.
\\n\\n
\\n\\n\\n\\n\",\"\\nJim Cramer says Walmart is among the stocks that will do well in a 'hybrid world' https://t.co/cYGzAolvEr
\\n— CNBC (@CNBC) April 7, 2021
(Last update 8:21pm EST, April 7, 2021)
\\nCoca-Cola yesterday at a glance – light green Coca-Cola closed at $53.28 after it ranged between $53.49 and $53.12. Trading volume was 10.06 million, below the daily average of 15.40 million.
\\nCoca-Cola chart analysis: Coca-Cola is eyeing resistance at $53.85 and is now only 56 cents away, whilst this indicates a slow down or reverse of direction around $53.85, crossing it might suggest a prolonged positive move. Asset volatility analysis shows that the upper Bollinger band is at $54.09, This is a slight indication of a slowdown.
\\nOverall, looking at the technical analysis landscape, it seems Coca-Cola is likely to reverse course and start pointing down in the short term.
\\nWith a market cap of $229.60 billion, The soft drink company started in 2021 by losing 2.93%. So far this year it is under-performing the Dow by 11.42%.
\\n\\n
\\n\\n\\n\\n\",\"\\nJim Cramer says Walmart is among the stocks that will do well in a 'hybrid world' https://t.co/cYGzAolvEr
\\n— CNBC (@CNBC) April 7, 2021
(Last update 8:21pm EST, April 7, 2021)
\\nPfizer yesterday at a glance – the pharmaceuticals and biotechnology company slid down from $36.05 to $35.91, taking a 14 cents loss (0.39%). Trading volume was 19.62 million, below the daily average of 23.93 million.
\\nAn analysis of the Pfizer chart suggests the nearest support level is at $33.49. In terms of trend indicators, we can see that at $36.05, Pfizer made an initial breakout below the 10 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. In contrast, a slight indication of recovery comes from looking at the Bollinger bands: the lower band is at $35.52 – a low enough level to usually suggest Pfizer is trading below its value.
\\nOverall, looking at the technical analysis landscape – although indicators are mixed and some are pointing in different directions, it seems further drawbacks may be next for Pfizer.
\\nwith a market cap of $200.31 billion, The pharmaceuticals and biotechnology company started 2021 by losing 2.5%. So far this year it is under-performing the Dow by 11%.
\\n\\n
\\n\\n\\n\\n\",\"\\nJim Cramer says Walmart is among the stocks that will do well in a 'hybrid world' https://t.co/cYGzAolvEr
\\n— CNBC (@CNBC) April 7, 2021
(Last update 9:41pm EST, April 7, 2021)
\\nAfter opening at $231.91, McDonald's gained 70 cents, hitting a fresh record high of $232.81.
\\nVisual analysis of the McDonald's's price graph 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 $234.92 – 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 $173.43 billion, The fast food giant started in 2021 by gaining 7.77%. So far this year it is under-performing the Dow Jones by 0.72%.
\\n\\n
\\n\\n\\n\\n\",\"\\nThe Coinbase IPO is expected to give the cryptocurrency market increased validation. $COIN #ipo #stockstowatch #bitcoin https://t.co/cdNKJ1ueA4
\\n— Investors.com (@IBDinvestors) April 7, 2021
(Last update 9:41pm EST, April 7, 2021)
\\nBitcoin posts light gains on a low-volatility day, ranging between $56,700 and $55,943 and is now at $56,650.
\\nAs the day got underway, a chart visual study suggested the nearest resistance level was at $61,243.
\\nWith a market cap of 1.06 trillion, Bitcoin started in 2021 by gaining 50.91%.
\\n\\n
\\n\\n\\n\\n\",\"\\nThe Coinbase IPO is expected to give the cryptocurrency market increased validation. $COIN #ipo #stockstowatch #bitcoin https://t.co/cdNKJ1ueA4
\\n— Investors.com (@IBDinvestors) April 7, 2021
(Last update 9:41pm EST, April 7, 2021)
\\nGold slid down from $1,741.6 to $1,735.2, losing $6.4 (0.37%).
\\nAs the day gets underway, a chart visual study suggests the nearest support level is at $1,677.7, while the closest resistance is at $1,741.4. Asset volatility analysis shows that the upper Bollinger band is at $1,752.71, indicating a further downward move might be next.
\\nOverall, looking at the technical analysis landscape, it seems Gold is likely to continue pointing down in the short term.
\\nGold started 2021 by losing 8.88%.
\\n\\n
\\n\\n\\n\\n\",\"\\nThe Coinbase IPO is expected to give the cryptocurrency market increased validation. $COIN #ipo #stockstowatch #bitcoin https://t.co/cdNKJ1ueA4
\\n— Investors.com (@IBDinvestors) April 7, 2021
(Last update 9:41pm EST, April 7, 2021)
\\nOil is trading steadily today, ranging between $59.64 and $59.26 and is now at $59.35.
\\nAs the day got underway, a chart visual study suggested the oil resistance level was at $67.48. Asset volatility analysis shows that the lower Bollinger band is at $57.56, indicating a positive move might be next.
\\nOverall, looking at the technical analysis landscape, it seems oil might start pointing upward in the short term.
\\nOil started in 2021 by gaining 18.55%.
\\n\\n
\\n\\n\\n\\n\",\"\\nThe Coinbase IPO is expected to give the cryptocurrency market increased validation. $COIN #ipo #stockstowatch #bitcoin https://t.co/cdNKJ1ueA4
\\n— Investors.com (@IBDinvestors) April 7, 2021
(Last update 9:41pm EST, April 7, 2021)
\\nThe euro is trading steadily today, ranging between 1.1874 and 1.1861 and is now at 1.1865.
\\nAs the day gets underway, a chart visual study suggests the Euro/Dollar might start to recover soon because it is getting close and is now only 17 pips from the support line at 1.1848, Obviously, dipping below it could be an indication that further losses are ahead. Asset volatility analysis shows that the upper Bollinger band is at 1.198, indicating a downward move might be next.
\\nOverall, the technical analysis suggests the Euro/Dollar is neutral for the immediate future, with no clear-cut direction.
\\nThe Euro started 2021 by losing 2.93%.
\\n\\n
\\n\\n\\n\\n\",\"\\nThe Coinbase IPO is expected to give the cryptocurrency market increased validation. $COIN #ipo #stockstowatch #bitcoin https://t.co/cdNKJ1ueA4
\\n— Investors.com (@IBDinvestors) April 7, 2021
(Last update 10:11pm EST, April 7, 2021)
\\nGBP/USD is trading steadily today, ranging between 1.3748 and 1.3732 and is now at 1.3748.
\\nAs the day gets underway, a chart visual study suggests the pound/dollar might start to recover soon because it is getting close and is now only 58 pips from the support line at 1.3689, Obviously, dipping below it could be an indication that further losses are ahead. Asset volatility analysis shows that the lower Bollinger band is at 1.3696, indicating a positive move might be next. On the other hand, note that 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, it seems the British Pound might be pointing upward in the short term.
\\nThe Pound/Dollar started in 2021 by gaining 1.19%.
\\n\\n
\\n\\n\\n\\n\",\"\\nMexico says no plans for now to limit AstraZeneca vaccine after UK guidance https://t.co/c0PwXbwfbX pic.twitter.com/b6Hyww8Se3
\\n— Reuters (@Reuters) April 8, 2021
(Last update 10:11pm EST, April 7, 2021)
\\nThe Yen slid down from 109.85 to 109.74, losing 10 pips (0.1%).
\\nAs the day gets underway, a chart visual study suggests the Yen is climbing away and is now 114 pips from the 108.6 support line. Asset volatility analysis shows that the lower Bollinger band is at 109.09, indicating a positive move might be next. 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, it seems the Yen might be pointing upward in the short term.
\\nThe Yen started in 2021 by gaining 5.95%.
\\n\\n
\\n\\n\\n\\n\",\"\\nMexico says no plans for now to limit AstraZeneca vaccine after UK guidance https://t.co/c0PwXbwfbX pic.twitter.com/b6Hyww8Se3
\\n— Reuters (@Reuters) April 8, 2021
(Last update 10:11pm EST, April 7, 2021)
\\nThe Dollar/Swiss slid down from 0.9307 to 0.9298, losing 9 pips (0.1%).
\\nAs the day gets underway, a chart visual study suggests the dollar/swiss might start to recover soon because it is getting close and is now only 72 pips from the support line at 0.9225, 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 0.9284 – a low enough level to usually suggest the Swiss franc is trading below its value. 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 – although indicators are mixed and some are pointing in different directions, it seems Dollar/Swiss might reverse course and start pointing upward in the short term.
\\nDollar/Swiss started in 2021 by gaining 4.97%.
\\n\\n
\\n\\n\\n\\n\",\"\\nMexico says no plans for now to limit AstraZeneca vaccine after UK guidance https://t.co/c0PwXbwfbX pic.twitter.com/b6Hyww8Se3
\\n— Reuters (@Reuters) April 8, 2021
(Last update 10:11pm EST, April 7, 2021)
\\nA mostly flat day so far for the Australian dollar ranging between 0.762 and 0.7603 and is now at 0.761.
\\nAs the day gets underway, a chart visual study suggests the Australian dollar resistance level is at 0.7697. In terms of trend indicators, we can see that at 0.7616, Australian dollar 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 0.7663, indicating a downward move might be next.
\\nOverall, technical indicators suggest the Aussie/Dollar has no obvious direction for the immediate future.
\\nThe Aussie/Dollar started 2021 by losing 0.4%.
\\n\\n
\\n\\n\\n\\n\\n\"],\"title\":\"Financial Markets Review – 7 April 2021 – 22:11:31\",\"date\":\"2021-04-08T02:11:31\"}"; var omg_ads = JSON.parse(decodeHtml(omg_ads_string)); } catch (e) { var omg_ads = JSON.parse(omg_ads_string); }Mexico says no plans for now to limit AstraZeneca vaccine after UK guidance https://t.co/c0PwXbwfbX pic.twitter.com/b6Hyww8Se3
\\n— Reuters (@Reuters) April 8, 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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![](\\\"https://images.unsplash.com/photo-1530133532239-eda6f53fcf0f?ixlib=rb-1.2.1&q=80&fm=jpg&crop=entropy&cs=tinysrgb&w=1080&fit=max&ixid=eyJhcHBfaWQiOjE1NDYwM30\\\")
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