\\n
\\n\",\"\\n(Last update 11:12pm EST, April 10, 2021)
\\n\\nDow Jones Friday at a glance – with a daily low of 33,526, Dow Jones closed at 33,800 after starting the day at 33,500 and gaining 300 points (0.89%).
\\nA study of Dow Jones's chart pattern shows the Dow immediate resistance is around 33,900, nearest support level is at 33,000. 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 Dow Jones is in overbought condition. However, the upper Bollinger band is at 33,876, This is a slight indication of a slowdown.
\\nOverall, looking at the technical analysis landscape, it seems the Dow is likely to continue pointing upward in the short term.
\\nThe Dow started 2021 by gaining 9.53%.
\\n\\n
\\n\\n\\n\\n\",\"\\nWATCH: Amazon CEO Jeff Bezos said that he supports President Biden’s proposed tax hikes on American companies. The largest online U.S. retailer has been widely criticized in recent years for paying little or no U.S. federal income tax https://t.co/vEuNRzVAyZ pic.twitter.com/t1Coss2zJM
\\n— Reuters (@Reuters) April 11, 2021
(Last update 11:12pm EST, April 10, 2021)
\\n\\nAfter opening at 4,097.17, S&P gained 31.63 points, hitting a fresh record high of 4,129.48.
\\nImportant graph levels to look out for: S&P immediate resistance is around 4,140.35, 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 S&P is in overbought condition, keep an eye out for a slowdown of gains. Asset volatility analysis shows that the upper Bollinger band is at 4,144.21, This is a slight indication of a slowdown.
\\nOverall, technical indicators suggest the S&P 500 has no obvious direction for the immediate future.
\\nThe S&P 500 started 2021 by gaining 9.1%.
\\n\\n
\\n\\n\\n\\n\",\"\\nWATCH: Amazon CEO Jeff Bezos said that he supports President Biden’s proposed tax hikes on American companies. The largest online U.S. retailer has been widely criticized in recent years for paying little or no U.S. federal income tax https://t.co/vEuNRzVAyZ pic.twitter.com/t1Coss2zJM
\\n— Reuters (@Reuters) April 11, 2021
(Last update 11:12pm EST, April 10, 2021)
\\n\\nApple Friday at a glance – the sleek phone manufacturer went up to $133 and gained $2.64 compared to the $130.36 start of the day (2.02%). Trading volume was 101.98 million, above the daily average of 100.87 million.
\\nVisual analysis of the Apple's price graph shows Apple's immediate resistance is around $134.2, nearest support level is at $116.36. 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 Apple is in overbought condition, Keep an eye out for a slowdown of gains. Asset volatility analysis shows that a slight indication of a slowdown comes from looking at the Bollinger bands: the upper band is at $132.64 – a high enough level to usually suggest Apple is trading above its value.
\\nOverall, technical indicators suggest Apple has no obvious direction for the immediate future.
\\nWith a market cap of $2.23 trillion, The sleek phone manufacturer started in 2021 by gaining 0.24%. So far this year it is under-performing the Nasdaq by 7.08%.
\\n\\n
\\n\\n\\n\\n\",\"\\nWATCH: Amazon CEO Jeff Bezos said that he supports President Biden’s proposed tax hikes on American companies. The largest online U.S. retailer has been widely criticized in recent years for paying little or no U.S. federal income tax https://t.co/vEuNRzVAyZ pic.twitter.com/t1Coss2zJM
\\n— Reuters (@Reuters) April 11, 2021
(Last update 11:12pm EST, April 10, 2021)
\\n\\nFacebook Friday at a glance – the social media company slid down from $313 to $312.46, taking a 54 cents loss (0.18%). Trading volume was 15.99 million, below the daily average of 21.96 million.
\\nImportant graph levels to look out for: Facebook's nearest support level is at $293.54. In terms of trend indicators, we can see that at $310.79, Facebook 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 Facebook is in overbought condition, Keep an eye out for a slowdown of gains. Asset volatility analysis shows that the upper Bollinger band is at $320.55, indicating a downward move might be next.
\\nOverall, technical indicators suggest Facebook has no obvious direction for the immediate future.
\\nWith a market cap of $889.78 billion, Mark Zuckerberg's company started in 2021 by gaining 12.56%. So far this year it is outperforming the Nasdaq by 5.24%.
\\n\\n
\\n\\n\\n\\n\",\"\\nWATCH: Amazon CEO Jeff Bezos said that he supports President Biden’s proposed tax hikes on American companies. The largest online U.S. retailer has been widely criticized in recent years for paying little or no U.S. federal income tax https://t.co/vEuNRzVAyZ pic.twitter.com/t1Coss2zJM
\\n— Reuters (@Reuters) April 11, 2021
(Last update 11:12pm EST, April 10, 2021)
\\n\\nAmazon Friday at a glance – the tech and retail multifaceted giant rallied 2.21% and maintained at $3,372.2 level. Trading volume was 4.34 million, above the daily average of 3.26 million.
\\nThe Chart visual study suggests Amazon's immediate resistance is around $3,400, 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 $3,374.7, 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 $1.70 trillion, The tech and retail multifaceted giant has started 2021 by gaining 3.49%. So far this year it is under-performing the Nasdaq by 3.83%.
\\n\\n
\\n\\n\\n\\n\",\"\\nWATCH: Amazon CEO Jeff Bezos said that he supports President Biden’s proposed tax hikes on American companies. The largest online U.S. retailer has been widely criticized in recent years for paying little or no U.S. federal income tax https://t.co/vEuNRzVAyZ pic.twitter.com/t1Coss2zJM
\\n— Reuters (@Reuters) April 11, 2021
(Last update 11:56pm EST, April 10, 2021)
\\n\\nMicrosoft Friday at a glance – after starting the session at $253.25 Microsoft spiked to $256, dropped back to starting point range, and rallied again to $255.85. Trading volume was 22.92 million, below the daily average of 27.99 million.
\\nImportant graph levels to look out for: Microsoft immediate resistance is around $257.08, 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 $261.76 – a high enough level to usually suggest Microsoft is trading above its value. However, the Relative Strength Index indicates Microsoft is in strong overbought condition.
\\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 $1.93 trillion, The iconic OS developer started in 2021 by gaining 13.2%. So far this year it is outperforming the Nasdaq by 5.88%.
\\n\\n
\\n\\n\\n\\n\",\"\\nA new show has surpassed "Bridgerton" to become Netflix's top program of 2021 https://t.co/0FY1F2V3X8 pic.twitter.com/TeytvkY2qd
\\n— Forbes (@Forbes) April 11, 2021
(Last update 11:57pm EST, April 10, 2021)
\\n\\nGoogle Friday at a glance – the leading search engine company went up to $2,286 and gained $20.56 compared to the $2,265.44 start of the day (0.9%). Trading volume was 1.04 million, below the daily average of 1.41 million.
\\nThe Chart pattern study shows Google's immediate resistance is around $2,298.71, nearest support level is at $2,108.54. Momentum evaluation shows The Relative Strength Index indicates Google is in strong overbought condition.
\\nOverall, looking at the technical analysis landscape, it seems Google might continue pointing upwards in the short term.
\\nWith a market cap of $1.54 trillion, The leading search engine company started 2021 by gaining 23.57%. So far this year it is outperforming the Nasdaq by 16.25%.
\\n\\n
\\n\\n\\n\\n\",\"\\nA new show has surpassed "Bridgerton" to become Netflix's top program of 2021 https://t.co/0FY1F2V3X8 pic.twitter.com/TeytvkY2qd
\\n— Forbes (@Forbes) April 11, 2021
(Last update 11:57pm EST, April 10, 2021)
\\n\\nTesla Friday at a glance – Elon Musk's electric car company recovered some but not all the way back to $683.8 after dipping down to $669.43. Trading volume was 21.04 million, below the daily average of 31.23 million.
\\nAn analysis of Tesla chart suggests Tesla's nearest support level is at $563.
\\nWith a market cap of $649.84 billion, The trendy electric car company started in 2021 by losing 4.19%. So far this year it is under-performing the Nasdaq by 11.51%.
\\n\\n
\\n\\n\\n\\n\",\"\\nA new show has surpassed "Bridgerton" to become Netflix's top program of 2021 https://t.co/0FY1F2V3X8 pic.twitter.com/TeytvkY2qd
\\n— Forbes (@Forbes) April 11, 2021
(Last update 11:57pm EST, April 10, 2021)
\\n\\nZoom Friday at a glance – the video communications platform provider dropped 2.61% early on and stayed at the $322.65 range. Trading volume was 3.22 million, above the daily average of 3.17 million.
\\nIn terms of trend indicators, we can see that at $321.2, Zoom 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 $334.66, indicating a further downward move might be next. However, Zoom might start to recover soon because it is getting closer and is now only $11.72 from the support line at $310.93, obviously dipping below it could be an indication that further losses are ahead.
\\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 Zoom.
\\nwith a market cap of $94.77 billion, The video communications platform provider started 2021 by losing 4.43%. So far this year it is under-performing the Nasdaq by 11.75%.
\\n\\n
\\n\\n\\n\\n\",\"\\nA new show has surpassed "Bridgerton" to become Netflix's top program of 2021 https://t.co/0FY1F2V3X8 pic.twitter.com/TeytvkY2qd
\\n— Forbes (@Forbes) April 11, 2021
(Last update 11:57pm EST, April 10, 2021)
\\n\\nNetflix Friday at a glance – Netflix recovered back to $555.31 after dipping down to $547.11 in a session that started at $554.58. Trading volume was 2.89 million, below the daily average of 3.28 million.
\\nA study of Netflix's graph shows key levels to watch: Netflix might start to recover soon because it is getting close and is now only $20.22 from the support line at $535.09, Obviously, dipping below it could be an indication that further losses are ahead. In terms of trend indicators, we can see that at $548.7, Netflix made an initial breakout below the 3 day Simple Moving Average, an indication of a negative trend. Momentum evaluation shows The Relative Strength Index indicates Netflix is in strong overbought condition. Asset volatility analysis shows that the upper Bollinger band is at $570.46, indicating a downward move might be next.
\\nOverall, the technical analysis suggests Netflix is neutral for the immediate future, with no clear-cut direction.
\\nWith a market cap of $245.94 billion, The streaming heavyweight started in 2021 by gaining 2.63%. So far this year it is under-performing the Nasdaq by 4.69%.
\\n\\n
\\n\\n\\n\\n\",\"\\nA new show has surpassed "Bridgerton" to become Netflix's top program of 2021 https://t.co/0FY1F2V3X8 pic.twitter.com/TeytvkY2qd
\\n— Forbes (@Forbes) April 11, 2021
(Last update 11:21pm EST, April 10, 2021)
\\n\\nWalmart Friday at a glance – after dropping down to $138.71, the warehouse store chain company recovered some losses and is currently trading at $139.78. Trading volume was 6.51 million, below the daily average of 8.91 million.
\\nThe Chart pattern study shows Walmart's nearest support level is at $127.53. In terms of trend indicators, we can see that at $138.75, Walmart made an initial breakout below the 200 day Simple Moving Average, an indication of a negative trend. Asset volatility analysis shows that the upper Bollinger band is at $142, indicating a downward move might be next. However, the Relative Strength Index indicates Walmart is in strong overbought condition.
\\nOverall, looking at the technical analysis landscape, it seems Walmart might be pointing down in the short term.
\\nWith a market cap of $393.77 billion, The discount department and warehouse stores chain started in 2021 by losing 3.13%. So far this year it is under-performing the Dow by 12.66%.
\\n\\n
\\n\\n\\n\\n\",\"\\nMcDonald's is set to close hundreds of locations in Walmart stores in 2021.https://t.co/7rEYQhOR9w
\\n— TheStreet (@TheStreet) April 11, 2021
(Last update 11:21pm EST, April 10, 2021)
\\n\\nProcter & Gamble Friday at a glance – the consumer goods corporation remained in the $136.37 range after starting the session at $137.26 and dropping 0.65%. Trading volume was 5.86 million, below the daily average of 8.51 million.
\\nThe Chart visual study suggests the nearest support level is at $122.15. In terms of trend indicators, we can see that at $135.86, Procter & Gamble 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 $137.97, indicating a further downward move might be next.
\\nOverall, looking at the technical analysis landscape, it seems Procter & Gamble is likely to continue pointing down in the short term.
\\nWith a market cap of $335.81 billion, The consumer goods corporation started 2021 by losing 2.02%. So far this year it is under-performing the Dow by 11.55%.
\\n\\n
\\n\\n\\n\\n\",\"\\nMcDonald's is set to close hundreds of locations in Walmart stores in 2021.https://t.co/7rEYQhOR9w
\\n— TheStreet (@TheStreet) April 11, 2021
(Last update 11:21pm EST, April 10, 2021)
\\n\\nWalt Disney Friday at a glance – Walt Disney recovered all the way back to $187.32 after dipping down to $186.15. Trading volume was 5.93 million, below the daily average of 7.53 million.
\\nA study of Walt Disney's chart pattern shows the nearest resistance level is at $201.91. In terms of trend indicators, we can see that at $187.83, Walt Disney made an initial breakout above the 50 day Simple Moving Average, an indication of a positive trend. Asset volatility analysis shows that the upper Bollinger band is at $190.42, This is a slight indication of a slowdown.
\\nOverall, technical indicators suggest Walt Disney has no obvious direction for the immediate future.
\\nWith a market cap of $341.07 billion, The entertainment and content production company started in 2021 by gaining 3.58%. So far this year it is under-performing the Dow by 5.95%.
\\n\\n
\\n\\n\\n\\n\",\"\\nMcDonald's is set to close hundreds of locations in Walmart stores in 2021.https://t.co/7rEYQhOR9w
\\n— TheStreet (@TheStreet) April 11, 2021
(Last update 11:21pm EST, April 10, 2021)
\\n\\nCoca-Cola Friday at a glance – after dropping down to $52.81, the soft drink company recovered some losses and is currently trading at $53.18. Trading volume was 10.41 million, below the daily average of 14.37 million.
\\nThe Chart pattern study shows Coca-Cola resistance level is at $53.85. In terms of trend indicators, we can see that at $52.97, Coca-Cola 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 $53.75, indicating a downward move might be next.
\\nOverall, looking at the technical analysis landscape, it seems Coca-Cola is likely to start pointing downward in the short term.
\\nWith a market cap of $229.17 billion, The soft drinks giant started 2021 by losing 3.13%. So far this year it is under-performing the Dow by 12.66%.
\\n\\n
\\n\\n\\n\\n\",\"\\nMcDonald's is set to close hundreds of locations in Walmart stores in 2021.https://t.co/7rEYQhOR9w
\\n— TheStreet (@TheStreet) April 11, 2021
(Last update 11:21pm EST, April 10, 2021)
\\n\\nPfizer Friday at a glance – the pharmaceuticals and biotechnology company went up to $36.6 and gained 64 cents compared to the $35.96 start of the day (1.78%). Trading volume was 31.30 million, above the daily average of 24.37 million.
\\nIn terms of trend indicators, we can see that at $36.57, Pfizer 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. In contrast, the upper Bollinger band is at $36.75, This is a slight indication of a slowdown.
\\nOverall, looking at the technical analysis landscape, it seems Pfizer is likely to continue pointing upward in the short term.
\\nWith a market cap of $204.16 billion, The pharmaceuticals and biotechnology company started 2021 by losing 0.58%. So far this year it is under-performing the Dow Jones by 10.11%.
\\n\\n
\\n\\n\\n\\n\",\"\\nMcDonald's is set to close hundreds of locations in Walmart stores in 2021.https://t.co/7rEYQhOR9w
\\n— TheStreet (@TheStreet) April 11, 2021
(Last update 11:01pm EST, April 10, 2021)
\\n\\nMcDonald's Friday at a glance – McDonald's recovered all the way back to $230.25 after dipping down to $228.87. Trading volume was 2.73 million, below the daily average of 3.52 million.
\\nImportant graph levels to look out for: McDonald's immediate resistance is around $232.44, nearest support level is at $204.84. In terms of trend indicators, we can see that although up today, it's worth noting that earlier McDonald's dropped below the 5 day Simple Moving Average as it was trading at $229.77, usually an indication that a negative trend is ahead. Asset volatility analysis shows that the upper Bollinger band is at $233.49, This is a slight indication of a slowdown. 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.
\\nOverall, looking at the technical analysis landscape, it seems a reverse of course in the short term might be next for McDonald's
\\nwith a market cap of $172.71 billion, The fast food company started in 2021 by gaining 7.34%. So far this year it is under-performing the Dow by 2.19%.
\\n\\n
\\n\\n\\n\\n\",\"\\nBitcoin above $60,000 again, rises 1.32% to record $60,555.97 https://t.co/9XPGvXwCVW pic.twitter.com/P3jmqDbUgd
\\n— Reuters (@Reuters) April 11, 2021
(Last update 11:01pm EST, April 10, 2021)
\\n\\nAfter dipping down to $59,800, Bitcoin regained earlier losses, currently at $60,667
\\nAs the day got underway, a chart visual study suggested the nearest resistance level was at $61,243. 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.
\\nOverall, looking at the technical analysis landscape, it seems Bitcoin might continue pointing upwards in the short term.
\\nWith a market cap of 1.13 trillion, Bitcoin started in 2021 by gaining 50.44%.
\\n\\n
\\n\\n\\n\\n\",\"\\nBitcoin above $60,000 again, rises 1.32% to record $60,555.97 https://t.co/9XPGvXwCVW pic.twitter.com/P3jmqDbUgd
\\n— Reuters (@Reuters) April 11, 2021
(Last update 11:01pm EST, April 10, 2021)
\\n\\nAfter starting the day at $1,758.2, Gold rallied to $1,758.2, hitting its highest point in 6 weeks, It later lost $14.2 and closed at $1,744
\\nIn terms of trend indicators, we can see that at $1,749.74, Gold 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 $1,759.68, 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. In contrast, Gold reversed direction at $1,741.4 support zone and climbed $2.7 above it. 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 Gold.
\\nGold started 2021 by losing 8.52%.
\\n\\n
\\n\\n\\n\\n\",\"\\nBitcoin above $60,000 again, rises 1.32% to record $60,555.97 https://t.co/9XPGvXwCVW pic.twitter.com/P3jmqDbUgd
\\n— Reuters (@Reuters) April 11, 2021
(Last update 11:01pm EST, April 10, 2021)
\\n\\nCrude oil Friday at a glance – Oil slid down from $59.77 to $59.32, losing 45 cents (0.75%).
\\nThe chart visual suggests crude oil might start to recover soon because it is getting closer and is now only $1.56 from the support line at $57.76, 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 $60.05 crude oil did peak above the 5 day Simple Moving Average earlier, usually an indication that a positive move is maybe ahead. Asset volatility analysis shows that a slight indication of recovery comes from looking at the Bollinger bands: the lower band is at $57.91 – a low enough level to usually suggest crude oil is trading below its value.
\\nOverall, looking at the technical analysis landscape, it seems oil might start pointing upward in the short term.
\\nCrude oil started in 2021 by gaining 18.07%.
\\n\\n
\\n\\n\\n\\n\",\"\\nBitcoin above $60,000 again, rises 1.32% to record $60,555.97 https://t.co/9XPGvXwCVW pic.twitter.com/P3jmqDbUgd
\\n— Reuters (@Reuters) April 11, 2021
(Last update 11:01pm EST, April 10, 2021)
\\n\\nEuro/Dollar Friday at a glance – Euro/Dollar is down to 1.19 having started the day at 1.1915, overall a 0.13% loss or 15 pips today.
\\nAsset volatility analysis shows that the upper Bollinger band is at 1.1956, indicating a further downward move might be next.
\\nOverall, looking at the technical analysis landscape, it seems the Euro/Dollar is likely to continue pointing down in the short term.
\\nThe Euro started 2021 by losing 2.72%.
\\n\\n
\\n\\n\\n\\n\",\"\\nBitcoin above $60,000 again, rises 1.32% to record $60,555.97 https://t.co/9XPGvXwCVW pic.twitter.com/P3jmqDbUgd
\\n— Reuters (@Reuters) April 11, 2021
(Last update 12:11am EST, April 11, 2021)
\\n\\nAfter starting the day at 1.3735 GBP/USD dropped to 1.367, hitting its lowest point in 2 months, it later recovered 36 pips and closed at 1.3706
\\nAsset volatility analysis shows that a slight indication of recovery comes from looking at the Bollinger bands: the lower band is at 1.3659 – a low enough level to usually suggest the British Pound is trading below its value.
\\nOverall, looking at the technical analysis landscape, it seems the British Pound might start pointing upward in the short term.
\\nThe Pound/Dollar started in 2021 by gaining 0.28%.
\\n\\n
\\n\\n\\n\\n\",\"\\nCoronavirus-era social isolation prompts Japan to name a loneliness minister https://t.co/5fmGFhgNdL
\\n— The Wall Street Journal (@WSJ) April 11, 2021
(Last update 12:11am EST, April 11, 2021)
\\n\\nYen Friday at a glance – with a daily low of 109.2, Dollar/Yen closed at 109.67 after starting the day at 109.25 and gaining 42 pips (0.38%).
\\nIn terms of trend indicators, we can see that at 109.56, Yen made an initial breakout above the 21 day Simple Moving Average, an indication of a positive trend. Asset volatility analysis shows that the lower Bollinger band is at 109.13, indicating further gains might be next. In contrast, dollar/yen could be slowing down soon because it is getting close and is now only 105 pips from the resistance line at 110.73, yet crossing it might suggest further gains are ahead.
\\nOverall, looking at the technical analysis landscape, it seems the Dollar/Yen likely to continue pointing upward in the short term.
\\nThe Dollar/Yen started 2021 by gaining 5.89%.
\\n\\n
\\n\\n\\n\\n\",\"\\nCoronavirus-era social isolation prompts Japan to name a loneliness minister https://t.co/5fmGFhgNdL
\\n— The Wall Street Journal (@WSJ) April 11, 2021
(Last update 12:11am EST, April 11, 2021)
\\n\\nDollar/Swiss Friday at a glance – Dollar/Swiss traded at 0.9245 having started the session at 0.9252, overall a 0.08% move or 7 pips
\\nThe chart visual study suggests Dollar/Swiss is climbing away and is now 19 pips from the 0.9225 support line. In terms of trend indicators, we can see that at 0.9238, Dollar/Swiss made an initial breakout above the 50 day Simple Moving Average, an indication of a positive trend. Asset volatility analysis shows that the lower Bollinger band is at 0.9209, indicating a positive move might be next. However, 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.
\\nOverall, looking at the technical analysis landscape, it seems the Swiss franc might be pointing upward in the short term.
\\nThe Swiss franc started in 2021 by gaining 5.3%.
\\n\\n
\\n\\n\\n\\n\",\"\\nCoronavirus-era social isolation prompts Japan to name a loneliness minister https://t.co/5fmGFhgNdL
\\n— The Wall Street Journal (@WSJ) April 11, 2021
(Last update 12:11am EST, April 11, 2021)
\\n\\nAussie/Dollar Friday at a glance – Aussie/Dollar failed to recover all the way to 0.7651 after dipping down to 0.7588.
\\nA study of the Aussie/Dollar's graph shows key levels to watch: Aussie/Dollar immediate support is around 0.7618, resistance level is at 0.7697. In terms of trend indicators, we can see that at 0.7622, Aussie/Dollar 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. Asset volatility analysis shows that the upper Bollinger band is at 0.7664, indicating a further downward move might be next.
\\nOverall, looking at the technical analysis landscape, it seems the Australian dollar is likely to continue pointing down in the short term.
\\nThe Australian dollar started 2021 by losing 1.02%.
\\n\\n
\\n\\n\\n\\n\\n\"],\"title\":\"Financial Markets Review – 11 April 2021 – 00:11:47\",\"date\":\"2021-04-11T04:11:47\"}"; var omg_ads = JSON.parse(decodeHtml(omg_ads_string)); } catch (e) { var omg_ads = JSON.parse(omg_ads_string); }Coronavirus-era social isolation prompts Japan to name a loneliness minister https://t.co/5fmGFhgNdL
\\n— The Wall Street Journal (@WSJ) April 11, 2021