![](\\\"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 11:51pm EST, April 12, 2021)
\\nThe Dow yesterday at a glance – the Dow failed to recover all the way to 33,800 after dipping down to 33,666.
\\nImportant graph levels to look out for: Dow's nearest support level is at 30,924. 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 Dow is in overbought condition, Keep an eye out for a slowdown of gains. Asset volatility analysis shows that the upper Bollinger band is at 33,953, 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.
\\nOverall, technical indicators suggest Dow Jones has no obvious direction for the immediate future.
\\nThe Dow started 2021 by gaining 9.29%.
\\n\\n
\\n\\n\\n\\n\",\"\\nUNIONS: Sen. Sherrod Brown says Amazon "crushed" union efforts in Alabama.
\\nRELATED: Amazon Secures Enough Votes To Defeat Union Drive https://t.co/ELX7HEuFEB pic.twitter.com/v06d1ng5ic
\\n— Forbes (@Forbes) April 13, 2021
(Last update 11:51pm EST, April 12, 2021)
\\nAfter opening at 4,128.8, S&P 500 gained 0.8 points, hitting a fresh record high of 4,131.76.
\\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 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 4,162.41, indicating a downward move might be next.
\\nOverall, the technical analysis suggests the S&P 500 is neutral for the immediate future, with no clear-cut direction.
\\nS&P started in 2021 by gaining 9%.
\\n\\n
\\n\\n\\n\\n\",\"\\nUNIONS: Sen. Sherrod Brown says Amazon "crushed" union efforts in Alabama.
\\nRELATED: Amazon Secures Enough Votes To Defeat Union Drive https://t.co/ELX7HEuFEB pic.twitter.com/v06d1ng5ic
\\n— Forbes (@Forbes) April 13, 2021
(Last update 11:51pm EST, April 12, 2021)
\\nApple yesterday at a glance – the sleek phone manufacturer dropped 1.32% early on and stayed at the $131.24 range. Trading volume was 91.42 million, below the daily average of 99.32 million.
\\nApple chart analysis: 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. Asset volatility analysis shows that the upper Bollinger band is at $133.16, 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. The Relative Strength Index indicates Apple is in overbought condition.
\\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 Apple.
\\nwith a market cap of $2.20 trillion, The mobile and tech colossus started in 2021 by losing 1.09%. So far this year it is under-performing the Nasdaq by 8%.
\\n\\n
\\n\\n\\n\\n\",\"\\nUNIONS: Sen. Sherrod Brown says Amazon "crushed" union efforts in Alabama.
\\nRELATED: Amazon Secures Enough Votes To Defeat Union Drive https://t.co/ELX7HEuFEB pic.twitter.com/v06d1ng5ic
\\n— Forbes (@Forbes) April 13, 2021
(Last update 11:51pm EST, April 12, 2021)
\\nFacebook yesterday at a glance – Mark Zuckerberg's company recovered some but not all the way back to $312.46 after dipping down to $307.93. Trading volume was 10.88 million, below the daily average of 21.42 million.
\\nA Visual analysis of Facebook's price graph shows 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 although down today, it's worth noting that at $310.75 Facebook did peak above the 5 day Simple Moving Average earlier, usually an indication that a positive move is maybe ahead. Momentum evaluation shows The Relative Strength Index indicates Facebook is in overbought condition, Keep an eye out for a slowdown of gains.
\\nOverall, looking at the technical analysis landscape, it seems Facebook might start pointing upward in the short term.
\\nWith a market cap of $887.16 billion, Mark Zuckerberg's company started in 2021 by gaining 12.28%. So far this year it is outperforming the Nasdaq by 5.36%.
\\n\\n
\\n\\n\\n\\n\",\"\\nUNIONS: Sen. Sherrod Brown says Amazon "crushed" union efforts in Alabama.
\\nRELATED: Amazon Secures Enough Votes To Defeat Union Drive https://t.co/ELX7HEuFEB pic.twitter.com/v06d1ng5ic
\\n— Forbes (@Forbes) April 13, 2021
(Last update 11:51pm EST, April 12, 2021)
\\nAmazon yesterday at a glance – After starting the day at $3,372.2, Amazon went up to $3,395 only to drop back to the starting point and close at $3,379.39. Trading volume was 3.28 million, around the average daily.
\\nThe Chart pattern study shows 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. Momentum evaluation shows The Relative Strength Index indicates Amazon is in strong overbought condition. However, the upper Bollinger band is at $3,412, indicating a downward move might be next.
\\nOverall, looking at the technical analysis landscape, it seems Amazon might be 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 3.63%. So far this year it is under-performing the Nasdaq by 3.29%.
\\n\\n
\\n\\n\\n\\n\",\"\\nUNIONS: Sen. Sherrod Brown says Amazon "crushed" union efforts in Alabama.
\\nRELATED: Amazon Secures Enough Votes To Defeat Union Drive https://t.co/ELX7HEuFEB pic.twitter.com/v06d1ng5ic
\\n— Forbes (@Forbes) April 13, 2021
(Last update 11:56pm EST, April 12, 2021)
\\nMicrosoft yesterday at a glance – Microsoft closed at $255.91 with no clear-cut direction and ranged between $257.67 and $254.65. Trading volume was 27.15 million, below the daily average of 27.97 million.
\\nThe Chart visual study suggests Microsoft's 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. Momentum evaluation shows The Relative Strength Index indicates Microsoft is in strong overbought condition.
\\nOverall, technical indicators suggest Microsoft has no obvious direction for the immediate future.
\\nWith a market cap of $1.93 trillion, The iconic OS developer started in 2021 by gaining 13.09%. So far this year it is outperforming the Nasdaq by 6.17%.
\\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/NBDb7ncQ2L
\\n— Businessweek (@BW) April 13, 2021
(Last update 11:56pm EST, April 12, 2021)
\\nGoogle yesterday at a glance – the search engine giant remained in the $2,254.79 range after starting the session at $2,286 and dropping 1.36%. Trading volume was 1.57 million, above the daily average of 1.41 million.
\\nThe Chart visual study suggests Google's nearest support level is at $2,108.54, followed by $2,024.17 at the next level. In terms of trend indicators, we can see that at $2,250.26, Google made an initial breakout below the 5 day Simple Moving Average, an indication of a negative trend. Momentum evaluation shows The Relative Strength Index indicates Google is in strong overbought condition.
\\nOverall, the technical analysis suggests Google is neutral for the immediate future, with no clear-cut direction.
\\nWith a market cap of $1.51 trillion, The search engine giant started in 2021 by gaining 22%. So far this year it is outperforming the Nasdaq by 15.08%.
\\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/NBDb7ncQ2L
\\n— Businessweek (@BW) April 13, 2021
(Last update 11:56pm EST, April 12, 2021)
\\nTesla yesterday at a glance – the trendy electric car company rallied 3.69% and maintained at $702 level. Trading volume was 28.67 million, below the daily average of 30.71 million.
\\nA study of Tesla's chart pattern shows Tesla's immediate resistance is around $710.49, nearest support level is at $563. Momentum evaluation shows The Relative Strength Index indicates Tesla is in overbought condition. Asset volatility analysis shows that the upper Bollinger band is at $725.67, This is a slight indication of a slowdown.
\\nOverall, technical indicators suggest Tesla has no obvious direction for the immediate future.
\\nWith a market cap of $673.80 billion, The trendy electric car company started in 2021 by losing 0.55%. So far this year it is under-performing the Nasdaq by 7.47%.
\\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/NBDb7ncQ2L
\\n— Businessweek (@BW) April 13, 2021
(Last update 11:56pm EST, April 12, 2021)
\\nZoom yesterday at a glance – after dropping down to $315.2, the video communications platform provider recovered some losses and is currently trading at $321.51. Trading volume was 2.96 million, below the daily average of 3.15 million.
\\nVisual analysis of the Zoom's price graph shows Zoom might start to recover soon because it is getting close and is now only $10.58 from the support line at $310.93, Obviously, dipping below it could be an indication that further losses are ahead. Asset volatility analysis shows that the upper Bollinger band is at $334.64, indicating a downward move might be next.
\\nOverall, the technical analysis suggests Zoom is neutral for the immediate future, with no clear-cut direction.
\\nWith a market cap of $94.43 billion, The video communications platform provider started in 2021 by losing 4.9%. So far this year it is under-performing the Nasdaq by 11.82%.
\\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/NBDb7ncQ2L
\\n— Businessweek (@BW) April 13, 2021
(Last update 11:56pm EST, April 12, 2021)
\\nAfter starting the day at $555.31, Netflix rallied to $558, hitting its highest point in 8 weeks, It later lost $5.22 and closed at $552.78
\\nA study on Netflix's chart pattern shows Netflix's nearest support level is at $493.33. In terms of trend indicators, we can see that at $552.29, Netflix made an initial breakout below the 3 day Simple Moving Average, an indication of a negative trend. Asset volatility analysis shows that the upper Bollinger band is at $570.18, indicating a further downward move might be next. However, the Relative Strength Index indicates Netflix is in strong overbought condition.
\\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 Netflix.
\\nwith a market cap of $244.82 billion, The streaming company started in 2021 by gaining 2.17%. So far this year it is under-performing the Nasdaq by 4.75%.
\\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/NBDb7ncQ2L
\\n— Businessweek (@BW) April 13, 2021
(Last update 11:41pm EST, April 12, 2021)
\\nWalmart yesterday at a glance – Walmart traded steadily yesterday, ranging between $140.38 and $139.34 and closed at $139.8. Trading volume was 6.24 million, below the daily average of 8.44 million.
\\nAn analysis of Walmart's chart suggests Walmart's nearest support level is at $127.53. In terms of trend indicators, we can see that at $139.76, Walmart made an initial breakout below the 5 day Simple Moving Average, an indication of a negative trend. Asset volatility analysis shows that the upper Bollinger band is at $142.1, indicating a downward move might be next. However, the Relative Strength Index indicates Walmart is in overbought condition, Keep an eye out for a slowdown in gains.
\\nOverall, looking at the technical analysis landscape, it seems Walmart might be pointing down in the short term.
\\nWith a market cap of $393.83 billion, The discount department and warehouse stores chain started in 2021 by losing 3.11%. So far this year it is under-performing the Dow by 12.4%.
\\n\\n
\\n\\n\\n\\n\",\"\\nWalmart and McDonald's break up a 30-year marriage https://t.co/0HL9lqjS9C
\\n— Forbes (@Forbes) April 13, 2021
(Last update 11:41pm EST, April 12, 2021)
\\nProcter & Gamble yesterday at a glance – hesitant but green, Procter & Gamble closed at $136.92 after ranging between $135.71 and $137.04. Trading volume was 6.22 million, below the daily average of 8.06 million.
\\nImportant graph levels to look out for: Procter & Gamble immediate resistance is around $137.4, nearest support level is at $122.15. In terms of trend indicators, we can see that although up today, it's worth noting that earlier Procter & Gamble dropped below the 10 day Simple Moving Average as it was trading at $136.15, usually an indication that a negative trend is ahead. Asset volatility analysis shows that the upper Bollinger band is at $138.17, 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 $337.16 billion, The consumer goods corporation started 2021 by losing 1.63%. So far this year it is under-performing the Dow by 10.92%.
\\n\\n
\\n\\n\\n\\n\",\"\\nWalmart and McDonald's break up a 30-year marriage https://t.co/0HL9lqjS9C
\\n— Forbes (@Forbes) April 13, 2021
(Last update 11:41pm EST, April 12, 2021)
\\nWalt Disney yesterday at a glance – the entertainment giant dropped 0.75% early on and stayed in the $186.49 range. Trading volume was 5.51 million, below the daily average of 7.06 million.
\\nWalt Disney's graph levels to watch: Walt Disney immediate support is around $185.36, resistance level is at $188.03. In terms of trend indicators, we can see that at $187.08, Walt Disney 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 $190.28, 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 $338.53 billion, The entertainment and content production company started in 2021 by gaining 2.83%. So far this year it is under-performing the Dow Jones by 6.46%.
\\n\\n
\\n\\n\\n\\n\",\"\\nWalmart and McDonald's break up a 30-year marriage https://t.co/0HL9lqjS9C
\\n— Forbes (@Forbes) April 13, 2021
(Last update 11:41pm EST, April 12, 2021)
\\nCoca-Cola yesterday at a glance – Coca-Cola recovered all the way back to $53.18 after dipping down to $53.09. Trading volume was 8.30 million, below the daily average of 13.49 million.
\\nThe chart pattern study shows Coca-Cola could be slowing down soon as it is approaching and is only 49 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 although up today, it's worth noting that earlier Coca-Cola dropped below the 3 day Simple Moving Average as it was trading at $53.19, usually an indication that a negative trend is ahead. Asset volatility analysis shows that the upper Bollinger band is at $53.83, This is a slight indication of a slowdown. On the other hand, note that medium-term trend indication has turned positive as the MACD (moving average convergence divergence) index generated a crossover buy signal. This occurs as the MACD line crosses above the MACD signal line.
\\nOverall, looking at the technical analysis landscape, it seems a reverse of course in the short term might be next for Coca-Cola
\\nwith a market cap of $229.90 billion, The soft drinks giant started in 2021 by losing 2.8%. So far this year it is under-performing the Dow Jones by 12.09%.
\\n\\n
\\n\\n\\n\\n\",\"\\nWalmart and McDonald's break up a 30-year marriage https://t.co/0HL9lqjS9C
\\n— Forbes (@Forbes) April 13, 2021
(Last update 11:41pm EST, April 12, 2021)
\\nPfizer yesterday at a glance – after it started the day at $36.6 Pfizer went up to $37.03 only to drop back, yet still traded positively overall and closed at $36.97. Trading volume was 28.72 million, above the daily average of 24.07 million.
\\nA study of Pfizer's graph shows key levels to watch: Pfizer's immediate resistance is around $37.22, nearest support level is at $33.49. In terms of trend indicators, we can see that at $36.59, 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. On the other hand, note that the upper Bollinger band is at $37.08, 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 $206.22 billion, The pharmaceuticals and biotechnology company started in 2021 by gaining 0.44%. So far this year it is under-performing the Dow by 8.85%.
\\n\\n
\\n\\n\\n\\n\",\"\\nWalmart and McDonald's break up a 30-year marriage https://t.co/0HL9lqjS9C
\\n— Forbes (@Forbes) April 13, 2021
(Last update 10:41pm EST, April 12, 2021)
\\nMcDonald's yesterday at a glance – the fast food giant slid down from $231.48 to $230.96, taking a 51 cents loss (0.22%). Trading volume was 2.24 million, below the daily average of 3.44 million.
\\nA study of McDonald's's chart pattern shows McDonald'ss nearest support level is at $204.84. In terms of trend indicators, we can see that at $231.02, McDonald's made an initial breakout below the 5 day Simple Moving Average, an indication of a negative trend. Asset volatility analysis shows that the upper Bollinger band is at $233.75, indicating a further downward move might be next. 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 – although indicators are mixed and some are pointing in different directions, it seems further drawbacks may be next for McDonald's
\\nwith a market cap of $172.71 billion, The fast food company started in 2021 by gaining 7.08%. So far this year it is under-performing the Dow by 2.21%.
\\n\\n
\\n\\n\\n\\n\",\"\\nOil holds near $60 as uneven recovery holds back further rally https://t.co/gk5pZ2TTX5
\\n— Bloomberg Markets (@markets) April 13, 2021
(Last update 10:41pm EST, April 12, 2021)
\\nLight green, mostly flat: Bitcoin ranges between $60,830 and $59,900 and is now at $60,828.
\\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 1.14 trillion, Bitcoin started in 2021 by gaining 51.49%.
\\n\\n
\\n\\n\\n\\n\",\"\\nOil holds near $60 as uneven recovery holds back further rally https://t.co/gk5pZ2TTX5
\\n— Bloomberg Markets (@markets) April 13, 2021
(Last update 10:41pm EST, April 12, 2021)
\\nSmall gain for Gold at $1,735.3 after ranging today between $1,728 and $1,735.6.
\\nAs the day gets underway, a chart visual study suggests gold could be slowing down soon as it is approaching and is only $6.1 away from resistance at $1,741.4, of course, crossing it might suggest further gains are ahead. In terms of trend indicators, we can see that although up today, it's worth noting that earlier Gold dropped below the 21 day Simple Moving Average as it was trading at $1,730, usually an indication that a negative trend is ahead. Asset volatility analysis shows that a slight indication of a slowdown comes from looking at the Bollinger bands: the upper band is at $1,758.2 – a high enough level to usually suggest Gold is trading above its value.
\\nOverall, looking at the technical analysis landscape, it seems Gold is likely to reverse course and start pointing down in the short term.
\\n\\n
\\n
\\n\\n\\n\\n\",\"\\nOil holds near $60 as uneven recovery holds back further rally https://t.co/gk5pZ2TTX5
\\n— Bloomberg Markets (@markets) April 13, 2021
(Last update 10:41pm EST, April 12, 2021)
\\nOil posts light gains on a low-volatility day, ranging between $59.9 and $59.65 and is now at $59.9.
\\nAsset volatility analysis shows that the lower Bollinger band is at $57.87, indicating further gains might be next.
\\nOverall, looking at the technical analysis landscape, it seems crude oil might continue pointing upwards in the short term.
\\nOil started in 2021 by gaining 18.62%.
\\n\\n
\\n\\n\\n\\n\",\"\\nOil holds near $60 as uneven recovery holds back further rally https://t.co/gk5pZ2TTX5
\\n— Bloomberg Markets (@markets) April 13, 2021
(Last update 10:41pm EST, April 12, 2021)
\\nThe Euro/Dollar is sliding down from 1.1911 to 1.1896, taking a 14 pip loss (0.12%).
\\nIn terms of trend indicators, we can see that at 1.1903, Euro/Dollar made an initial breakout below the 3 day Simple Moving Average, an indication of a negative trend. Asset volatility analysis shows that the upper Bollinger band is at 1.1954, indicating a further downward move might be next. However, Euro might start to recover soon because it is getting closer and is now only 48 pips from the support line at 1.1848, 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 the Euro/Dollar
\\nThe Euro/Dollar started 2021 by losing 2.71%.
\\n\\n
\\n\\n\\n\\n\",\"\\nOil holds near $60 as uneven recovery holds back further rally https://t.co/gk5pZ2TTX5
\\n— Bloomberg Markets (@markets) April 13, 2021
(Last update 1:11am EST, April 13, 2021)
\\nGBP/USD trading at 1.3728 with no clear-cut direction, ranging between 1.3756 and 1.3726.
\\nA study on The Pound's chart pattern shows Pound/Dollar might start to recover soon because it is getting closer and is now only 38 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 1.3648, indicating a positive move might be next. However, at 1.374, pound/dollar 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 The Pound might be pointing upward in the short term.
\\nThe British Pound started in 2021 by gaining 0.29%.
\\n\\n
\\n\\n\\n\\n\",\"\\nA vendor diversity task force has said the UK must ensure smaller telecoms equipment makers become crucial suppliers of 5G networks once Huawei kit is stripped out of the infrastructure https://t.co/xIfcQLuBrc
\\n— Financial Times (@FinancialTimes) April 13, 2021
(Last update 1:11am EST, April 13, 2021)
\\nThe Yen rallies 34 pips and maintains at 109.73 level.
\\nIn terms of trend indicators, we can see that at 109.64, dollar/yen made an initial breakout above the 21 day Simple Moving Average, an indication of a positive trend. Momentum evaluation shows the Relative Strength Index has gone up above 30 – exiting oversold conditions and indicating a slowdown of gains. Asset volatility analysis shows that the lower Bollinger band is at 109, indicating further gains might be next. However, yen could be slowing down soon as it is approaching and is only 100 pips away from resistance at 110.73, of course, 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 5.93%.
\\n\\n
\\n\\n\\n\\n\",\"\\nA vendor diversity task force has said the UK must ensure smaller telecoms equipment makers become crucial suppliers of 5G networks once Huawei kit is stripped out of the infrastructure https://t.co/xIfcQLuBrc
\\n— Financial Times (@FinancialTimes) April 13, 2021
(Last update 1:11am EST, April 13, 2021)
\\nHesitant but green: from an earlier low of 0.9217, Swiss franc is up to 0.9247 gaining 21 pips compared to the 0.9226 start of the day (0.24%).
\\nA study on the Swiss franc's chart pattern shows the Swiss franc could be slowing down soon because it is getting close and is now only 109 pips from the resistance line at 0.9357, 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 0.9173, indicating further gains might be next.
\\nOverall, looking at the technical analysis landscape, it seems a reverse of course in the short term might be next for the Swiss franc.
\\nDollar/Swiss started in 2021 by gaining 4.37%.
\\n\\n
\\n\\n\\n\\n\",\"\\nA vendor diversity task force has said the UK must ensure smaller telecoms equipment makers become crucial suppliers of 5G networks once Huawei kit is stripped out of the infrastructure https://t.co/xIfcQLuBrc
\\n— Financial Times (@FinancialTimes) April 13, 2021
(Last update 1:11am EST, April 13, 2021)
\\nThe Aussie/Dollar is sliding down from 0.7624 to 0.7597, taking a 27 pip loss (0.35%).
\\nImportant graph levels to look out for: Australian dollar resistance level is at 0.7697. 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. Asset volatility analysis shows that the upper Bollinger band is at 0.7662, 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 0.99%.
\\n\\n
\\n\\n\\n\\n\\n\"],\"title\":\"Financial Markets Review – 13 April 2021 – 01:11:35\",\"date\":\"2021-04-13T05:11:35\"}"; var omg_ads = JSON.parse(decodeHtml(omg_ads_string)); } catch (e) { var omg_ads = JSON.parse(omg_ads_string); }A vendor diversity task force has said the UK must ensure smaller telecoms equipment makers become crucial suppliers of 5G networks once Huawei kit is stripped out of the infrastructure https://t.co/xIfcQLuBrc
\\n— Financial Times (@FinancialTimes) April 13, 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-1503852460961-aa7ffdd3d64d?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\\\")
![](\\\"https://images.unsplash.com/photo-1523474253046-8cd2748b5fd2?ixlib=rb-1.2.1&q=80&fm=jpg&crop=entropy&cs=tinysrgb&w=1080&fit=max&ixid=eyJhcHBfaWQiOjE1NDYwM30\\\")
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