\\n

\\n\",\"\\n

The Dow will open at 33,731 after gaining 0.16% yesterday

\\n

(Last update 2:31am EST, April 15, 2021)

\\n

\\n

Dow Jones yesterday at a glance – after starting yesterday at 33,677, Dow Jones went up to 33,900 only to drop back to half way point range, closing at 33,731.

\\n

The Chart pattern study shows Dow Jones immediate resistance is around 33,872, nearest support level is at 33,000. In terms of trend indicators, we can see that at 33,741, Dow made an initial breakout above the 3 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. However, a slight indication of a slowdown comes from looking at the Bollinger bands: the upper band is at 34,100 – a high enough level to usually suggest the Dow is trading above its value.

\\n

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

\\n

The Dow started 2021 by gaining 9.28%.

\\n

\\n
\\n

Hundreds of companies, including Amazon, JPMorgan and Netflix, signed a new statement to “defend the right to vote and oppose any discriminatory legislation,” in the latest corporate response to a wave of voting bills under consideration https://t.co/TQe7rs1Xdt

\\n

— The Wall Street Journal (@WSJ) April 15, 2021

\\n

\\n

\\n\",\"\\n

S&P 500 erase gains after record high, closes at 4,124.66

\\n

(Last update 2:31am EST, April 15, 2021)

\\n

\\n

After opening at 4,141.59, S&P 500 reached a record high of 4,151.69. Later, it lost 27.03 points and closed at 4,124.66.

\\n

The Chart visual study suggests the nearest support level is at 3,768.47. In terms of trend indicators, we can see that at 4,132.79, S&P 500 made an initial breakout below the 3 day Simple Moving Average, an indication of a negative trend. The MACD line is above the MACD signal line significantly, meaning the medium-term trend might turn negative. In contrast, The Relative Strength Index indicates the S&P is in overbought condition.

\\n

Overall, 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 S&P 500

\\n

The S&P started 2021 by gaining 8.9%.

\\n

\\n
\\n

Hundreds of companies, including Amazon, JPMorgan and Netflix, signed a new statement to “defend the right to vote and oppose any discriminatory legislation,” in the latest corporate response to a wave of voting bills under consideration https://t.co/TQe7rs1Xdt

\\n

— The Wall Street Journal (@WSJ) April 15, 2021

\\n

\\n

\\n\",\"\\n

Ahead of today's session Apple is trading around $132.03 after losing 1.79% yesterday

\\n

(Last update 2:32am EST, April 15, 2021)

\\n

\\n

Apple yesterday at a glance – the mobile and tech colossus closed at $132.03 after starting the session at $134.43 and dropping early to $131.66, overall Apple lost 1.79% of its value. Trading volume was 83.18 million, below the daily average of 91.86 million.

\\n

A study on Apple's chart pattern shows Apple's nearest support level is at $116.36. In terms of trend indicators, we can see that at $132.89, Apple made an initial breakout below the 3 day Simple Moving Average, an indication of a negative trend. The MACD line is above the MACD signal line significantly, meaning the medium-term trend might turn negative. 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.

\\n

Overall, 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.

\\n

with a market cap of $2.22 trillion, The mobile and tech colossus started in 2021 by losing 0.49%. So far this year it is under-performing the Nasdaq by 7.42%.

\\n

\\n
\\n

Hundreds of companies, including Amazon, JPMorgan and Netflix, signed a new statement to “defend the right to vote and oppose any discriminatory legislation,” in the latest corporate response to a wave of voting bills under consideration https://t.co/TQe7rs1Xdt

\\n

— The Wall Street Journal (@WSJ) April 15, 2021

\\n

\\n

\\n\",\"\\n

Losing streak continues: Facebook down 2.24%, closes at $302.82 adding to its six consecutive days of losses

\\n

(Last update 2:32am EST, April 15, 2021)

\\n

\\n

Facebook yesterday at a glance – the social media company went dark red after losing 2.24%, tumbling down to $302.82. Trading volume was 17.42 million, below the daily average of 19.23 million.

\\n

Important graph levels to look out for: although Facebook is down today and was as low as $301.95, it seems to be recovering slightly and climbing away from the $293.54 support line and is now $9.28 above it. In terms of trend indicators, we can see that at $305.62, Facebook made an initial breakout below the 10 day Simple Moving Average, an indication of a negative trend.

\\n

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

\\n

With a market cap of $860.39 billion, Mark Zuckerberg's company started in 2021 by gaining 9.58%. So far this year it is outperforming the Nasdaq by 2.65%.

\\n

\\n
\\n

Hundreds of companies, including Amazon, JPMorgan and Netflix, signed a new statement to “defend the right to vote and oppose any discriminatory legislation,” in the latest corporate response to a wave of voting bills under consideration https://t.co/TQe7rs1Xdt

\\n

— The Wall Street Journal (@WSJ) April 15, 2021

\\n

\\n

\\n\",\"\\n

Ahead of today's session Amazon is trading around $3,333 after losing 1.97% yesterday

\\n

(Last update 2:32am EST, April 15, 2021)

\\n

\\n

Amazon yesterday at a glance – Jeff Bezos’s company remained in the $3,333 range after starting the session at $3,400 and dropping 1.97%. Trading volume was 3.15 million, around the average daily.

\\n

Important graph levels to look out for: nearest support level is at $2,952. In terms of trend indicators, we can see that at $3,346, Amazon made an initial breakout below the 5 day Simple Moving Average, an indication of a negative trend.

\\n

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

\\n

With a market cap of $1.68 trillion, The tech and retail multifaceted giant has started 2021 by gaining 2.24%. So far this year it is under-performing the Nasdaq by 4.69%.

\\n

\\n
\\n

Hundreds of companies, including Amazon, JPMorgan and Netflix, signed a new statement to “defend the right to vote and oppose any discriminatory legislation,” in the latest corporate response to a wave of voting bills under consideration https://t.co/TQe7rs1Xdt

\\n

— The Wall Street Journal (@WSJ) April 15, 2021

\\n

\\n

\\n\",\"\\n

Microsoft is trading around $255.59 after losing 1.12% yesterday

\\n

(Last update 12:41am EST, April 15, 2021)

\\n

\\n

Microsoft yesterday at a glance – the software giant slid down from $258.49 to $255.59, taking a $2.9 loss (1.12%). Trading volume was 23.07 million, below the daily average of 27.72 million.

\\n

The Chart visual study suggests the nearest support level is at $226.73. In terms of trend indicators, we can see that at $256.75, Microsoft made an initial breakout below the 3 day Simple Moving Average, an indication of a negative trend. The MACD line is above the MACD signal line significantly, meaning the medium-term trend might turn negative. On the other hand, note that the Relative Strength Index indicates Microsoft is in strong overbought condition.

\\n

Overall, 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.

\\n

with a market cap of $1.93 trillion, The software giant started in 2021 by gaining 12.83%. So far this year it is outperforming the Nasdaq by 5.9%.

\\n

\\n
\\n

Judge in Texas lawsuit against Google issues protective order https://t.co/EwZPIUVnV0 pic.twitter.com/6Wgq3SFQTt

\\n

— Reuters (@Reuters) April 15, 2021

\\n

\\n

\\n\",\"\\n

Google is trading around $2,255 after losing 0.55% yesterday

\\n

(Last update 12:41am EST, April 15, 2021)

\\n

\\n

Google yesterday at a glance – light red but with no clear-cut direction, the leading search engine company closed the session at $2,255 after ranging between $2,278 and $2,249.28. Trading volume was 1.01 million, below the daily average of 1.40 million.

\\n

A Visual analysis of Google's price graph shows 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 $2,264.61, 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 overbought condition, Keep an eye out for a slowdown of gains.

\\n

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

\\n

With a market cap of $1.52 trillion, The search engine giant started in 2021 by gaining 22.18%. So far this year it is outperforming the Nasdaq by 15.25%.

\\n

\\n
\\n

Judge in Texas lawsuit against Google issues protective order https://t.co/EwZPIUVnV0 pic.twitter.com/6Wgq3SFQTt

\\n

— Reuters (@Reuters) April 15, 2021

\\n

\\n

\\n\",\"\\n

Tesla rallied beyond $780.79 for the first time in 7 weeks

\\n

(Last update 12:41am EST, April 15, 2021)

\\n

\\n

After starting the day at $762.32, Tesla rallied to $780.79, hitting its highest point in 7 weeks, It later lost $48.56 and closed at $732.23

\\n

visual analysis of the Tesla's price graph shows Tesla's nearest support level is at $563. 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 $758.36, indicating a further downward move might be next.

\\n

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

\\n

With a market cap of $702.83 billion, The trendy electric car company started in 2021 by gaining 3.48%. So far this year it is under-performing the Nasdaq by 3.45%.

\\n

\\n
\\n

Judge in Texas lawsuit against Google issues protective order https://t.co/EwZPIUVnV0 pic.twitter.com/6Wgq3SFQTt

\\n

— Reuters (@Reuters) April 15, 2021

\\n

\\n

\\n\",\"\\n

Zoom is trading around $329.2 after losing 3.95% yesterday

\\n

(Last update 12:41am EST, April 15, 2021)

\\n

\\n

Zoom yesterday at a glance – the video communications platform provider went dark red after losing 3.95%, tumbling down to $329.2. Trading volume was 2.84 million, below the daily average of 3.37 million.

\\n

In terms of trend indicators, we can see that at $328.97, Zoom 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 $339.26, indicating a further downward move might be next. However, Zoom might start to recover soon because it is getting closer and is now only $20.81 from the support line at $308.39, obviously dipping below it could be an indication that further losses are ahead.

\\n

Overall, 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.

\\n

with a market cap of $96.69 billion, The video communications platform provider started in 2021 by losing 2.37%. So far this year it is under-performing the Nasdaq by 9.3%.

\\n

\\n
\\n

Judge in Texas lawsuit against Google issues protective order https://t.co/EwZPIUVnV0 pic.twitter.com/6Wgq3SFQTt

\\n

— Reuters (@Reuters) April 15, 2021

\\n

\\n

\\n\",\"\\n

Netflix is trading around $540 after losing 2.48% yesterday

\\n

(Last update 12:41am EST, April 15, 2021)

\\n

\\n

Netflix yesterday at a glance – the streaming company dropped 2.48% early on and stayed at the $540 range. Trading volume was 3.74 million, above the daily average of 3.28 million.

\\n

Netflix chart analysis: Netflix might start to recover soon because it is getting closer and is now only $4.93 from the support line at $535.09, 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 $525.63 – a low enough level to usually suggest Netflix is trading below its value. However, at $542.31, Netflix made an initial breakout below the 10 day Simple Moving Average, an indication of a negative trend.

\\n

Overall, looking at the technical analysis landscape – although indicators are mixed and some are pointing in different directions, it seems Netflix might reverse course and start pointing upward in the short term.

\\n

With a market cap of $239.17 billion, The streaming company started in 2021 by losing 0.13%. So far this year it is under-performing the Nasdaq by 7.06%.

\\n

\\n
\\n

Judge in Texas lawsuit against Google issues protective order https://t.co/EwZPIUVnV0 pic.twitter.com/6Wgq3SFQTt

\\n

— Reuters (@Reuters) April 15, 2021

\\n

\\n

\\n\",\"\\n

Ahead of today's session Walmart is trading around $139.32

\\n

(Last update 2:31am EST, April 15, 2021)

\\n

\\n

Walmart yesterday at a glance – after dropping down to $138.43, the warehouse store chain company recovered some losses and is currently trading at $139.32. Trading volume was 7.08 million, below the daily average of 7.98 million.

\\n

Walmart chart analysis: Walmart's nearest support level is at $127.53. In terms of trend indicators, we can see that at $139.04, Walmart made an initial breakout above the 200 day Simple Moving Average, an indication of a positive trend. Momentum evaluation shows The Relative Strength Index indicates Walmart is in overbought condition, Keep an eye out for a slowdown of gains.

\\n

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

\\n

With a market cap of $392.47 billion, The discount department and warehouse stores chain started in 2021 by losing 3.47%. So far this year it is under-performing the Dow by 12.75%.

\\n

\\n
\\n

Pfizer says it can deliver 10% more doses in May than previously promised https://t.co/gvdevGJYKd pic.twitter.com/IKr58FM8oT

\\n

— Forbes (@Forbes) April 15, 2021

\\n

\\n

\\n\",\"\\n

Procter & Gamble will open at $135.6 after gaining 0.36% yesterday

\\n

(Last update 2:31am EST, April 15, 2021)

\\n

\\n

Procter & Gamble yesterday at a glance – the consumer goods corporation went up to $135.6 and gained 48 cents compared to the $135.11 start of the day (0.36%). Trading volume was 7.58 million, below the daily average of 7.71 million.

\\n

The Chart pattern study shows Procter & Gamble immediate resistance is around $136.06, nearest support level is at $122.15. Asset volatility analysis shows that a slight indication of a slowdown comes from looking at the Bollinger bands: the upper band is at $137.72 – a high enough level to usually suggest Procter & Gamble is trading above its value. 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.

\\n

Overall, technical indicators suggest Procter & Gamble has no obvious direction for the immediate future.

\\n

With a market cap of $333.91 billion, The consumer goods company started 2021 by losing 2.62%. So far this year it is under-performing the Dow by 11.9%.

\\n

\\n
\\n

Pfizer says it can deliver 10% more doses in May than previously promised https://t.co/gvdevGJYKd pic.twitter.com/IKr58FM8oT

\\n

— Forbes (@Forbes) April 15, 2021

\\n

\\n

\\n\",\"\\n

Walt Disney will open at $187.46 after gaining 1.06% yesterday

\\n

(Last update 2:31am EST, April 15, 2021)

\\n

\\n

Walt Disney yesterday at a glance – after starting yesterday at $185.49 Walt Disney went up to $190.4 only to drop back to the half way point range, closing at $187.46. Trading volume was 9.09 million, above the daily average of 7.42 million.

\\n

In terms of trend indicators, we can see that at $188.96, Walt Disney made an initial breakout above the 50 day Simple Moving Average, an indication of a positive trend. Japanese candlesticks formations detected today are the "morning star”, Whenever it appears on top of a bullish overall trend, some traders would consider this an indication of a reversal, of course. However, the upper Bollinger band is at $190.24, This is a slight indication of a slowdown.

\\n

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

\\n

With a market cap of $340.29 billion, The entertainment and content production company started in 2021 by gaining 3.39%. So far this year it is under-performing the Dow by 5.89%.

\\n

\\n
\\n

Pfizer says it can deliver 10% more doses in May than previously promised https://t.co/gvdevGJYKd pic.twitter.com/IKr58FM8oT

\\n

— Forbes (@Forbes) April 15, 2021

\\n

\\n

\\n\",\"\\n

Ahead of today's session Coca-Cola is trading around $53.08

\\n

(Last update 2:31am EST, April 15, 2021)

\\n

\\n

Coca-Cola yesterday at a glance – after dropping down to $52.65, the soft drinks giant recovered some losses and is currently trading at $53.08. Trading volume was 9.79 million, below the daily average of 12.37 million.

\\n

A Visual analysis of the Coca-Cola's price graph shows Coca-Cola's resistance level is at $53.85. In terms of trend indicators, we can see that at $53.04, Coca-Cola 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 $53.52, indicating a downward move might be next.

\\n

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

\\n

With a market cap of $228.74 billion, The soft drink company started in 2021 by losing 3.32%. So far this year it is under-performing the Dow by 12.6%.

\\n

\\n
\\n

Pfizer says it can deliver 10% more doses in May than previously promised https://t.co/gvdevGJYKd pic.twitter.com/IKr58FM8oT

\\n

— Forbes (@Forbes) April 15, 2021

\\n

\\n

\\n\",\"\\n

A slow down? after five days of going up, Pfizer was flat yesterday, hovering around $37.17

\\n

(Last update 2:31am EST, April 15, 2021)

\\n

\\n

Pfizer yesterday at a glance – after dropping down to $36.96, the pharmaceuticals and biotechnology company recovered some losses and is currently trading at $37.17. Trading volume was 23.35 million, below the daily average of 25.02 million.

\\n

The Chart pattern study shows Pfizer might start to recover soon because it is getting closer and is now only 55 cents from the support line at $36.62, Obviously, dipping below it could be an indication that further losses are ahead. In terms of trend indicators, we can see that the CCI indicator is above 100. When the CCI (Commodity Channel Index) is at this level, it means the price is above the average price as measured by the indicator, indicating a possible start of a new uptrend. Momentum evaluation shows The Relative Strength Index indicates Pfizer is in strong overbought condition. However, the upper Bollinger band is at $37.49, indicating a downward move might be next.

\\n

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

\\n

With a market cap of $207.34 billion, The pharmaceuticals and biotechnology company started in 2021 by gaining 0.97%. So far this year it is under-performing the Dow by 8.31%.

\\n

\\n
\\n

Pfizer says it can deliver 10% more doses in May than previously promised https://t.co/gvdevGJYKd pic.twitter.com/IKr58FM8oT

\\n

— Forbes (@Forbes) April 15, 2021

\\n

\\n

\\n\",\"\\n

Ahead of today's session McDonald's is trading around $230.31 after losing 0.44% yesterday

\\n

(Last update 2:56am EST, April 15, 2021)

\\n

\\n

McDonald's yesterday at a glance – the fast food giant recovered some but not all the way back to $231.32 after dipping down to $229.59. Trading volume was 2.13 million, below the daily average of 3.28 million.

\\n

Important graph levels to look out for: McDonald's nearest support level is at $204.84. Asset volatility analysis shows that the upper Bollinger band is at $234.12, indicating a further downward move might be next.

\\n

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

\\n

With a market cap of $172.59 billion, The fast food giant started in 2021 by gaining 6.8%. So far this year it is under-performing the Dow by 2.48%.

\\n

\\n
\\n

Saudi Arabia’s oil facilities were targeted with drones and missiles for the second time in a week, with Yemen’s Houthi rebels claiming an attack on the south-western refinery town of Jazan https://t.co/XmaDj436R0

\\n

— Bloomberg (@business) April 15, 2021

\\n

\\n

\\n\",\"\\n

Bitcoin nudges down to $63,075 after starting the day at $63,200 (down 0.21%)

\\n

(Last update 2:56am EST, April 15, 2021)

\\n

\\n

Currently light red but with no clear-cut direction, Bitcoin is trading at $63,075 after ranging today between $63,483 and $62,545.

\\n

Important graph levels to look out for: Bitcoin's nearest support level is at $61,243, followed by $51,700 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.

\\n

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

\\n

With a market cap of 1.18 trillion, Bitcoin started in 2021 by gaining 53.37%.

\\n

\\n
\\n

Saudi Arabia’s oil facilities were targeted with drones and missiles for the second time in a week, with Yemen’s Houthi rebels claiming an attack on the south-western refinery town of Jazan https://t.co/XmaDj436R0

\\n

— Bloomberg (@business) April 15, 2021

\\n

\\n

\\n\",\"\\n

Gold up $8.5, trading around $1,744.8

\\n

(Last update 2:56am EST, April 15, 2021)

\\n

\\n

Hesitant but green: from an earlier low of $1,734.4, Gold is up to $1,744.8 gaining $8.5 compared to the $1,736.3 start of the day (0.49%).

\\n

The chart pattern study shows Gold flirting with the $1,741.4 immediate resistance line. In terms of trend indicators, we can see that at $1,740.55, Gold made an initial breakout above the 50 day Simple Moving Average, an indication of a positive trend. Asset volatility analysis shows that a slight indication of a slowdown comes from looking at the Bollinger bands: the upper band is at $1,761 – a high enough level to usually suggest Gold is trading above its value.

\\n

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

\\n

\\n

\\n
\\n

Saudi Arabia’s oil facilities were targeted with drones and missiles for the second time in a week, with Yemen’s Houthi rebels claiming an attack on the south-western refinery town of Jazan https://t.co/XmaDj436R0

\\n

— Bloomberg (@business) April 15, 2021

\\n

\\n

\\n\",\"\\n

Oil up 50 cents to $63.34 building up on its five days of gains

\\n

(Last update 2:56am EST, April 15, 2021)

\\n

\\n

Small gain for Oil at $63.34 after ranging today between $62.7 and $63.47.

\\n

The Chart visual study suggests the nearest resistance level is at $67.48. 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 $63, This is a slight indication of a slowdown.

\\n

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

\\n

Crude oil started in 2021 by gaining 22.65%.

\\n

\\n
\\n

Saudi Arabia’s oil facilities were targeted with drones and missiles for the second time in a week, with Yemen’s Houthi rebels claiming an attack on the south-western refinery town of Jazan https://t.co/XmaDj436R0

\\n

— Bloomberg (@business) April 15, 2021

\\n

\\n

\\n\",\"\\n

A slow down? after three days of going up, Euro is flat today, hovering around 1.1976

\\n

(Last update 2:56am EST, April 15, 2021)

\\n

\\n

The Euro/Dollar price varies between 1.197 and 1.199 and settles at 1.1976.

\\n

The Chart pattern study shows the Euro is climbing away and is now 128 pips from the 1.1848 support line. 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. On the other hand, note that the upper Bollinger band is at 1.2005, indicating a downward move might be next.

\\n

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

\\n

The Euro started 2021 by losing 2.27%.

\\n

\\n
\\n

Saudi Arabia’s oil facilities were targeted with drones and missiles for the second time in a week, with Yemen’s Houthi rebels claiming an attack on the south-western refinery town of Jazan https://t.co/XmaDj436R0

\\n

— Bloomberg (@business) April 15, 2021

\\n

\\n

\\n\",\"\\n

A slow down? after three days of going up, The Pound is flat today, hovering around 1.379

\\n

(Last update 3:11am EST, April 15, 2021)

\\n

\\n

GBP/USD is trading steadily today, ranging between 1.3795 and 1.3765 and is now at 1.379.

\\n

In terms of trend indicators, we can see that at 1.3775, pound/dollar made an initial breakout below the 21 day Simple Moving Average, an indication of a negative trend. Asset volatility analysis shows that the upper Bollinger band is at 1.3894, indicating a downward move might be next. On the other hand, note that the pound might start to recover soon because it is getting close and is now only 100 pips from the support line at 1.3689, obviously dipping below it could be an indication that further losses are ahead.

\\n

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

\\n

The British Pound started in 2021 by gaining 0.62%.

\\n

\\n
\\n

Exclusive: Sanjeev Gupta restructured his business empire last year in an attempt to maximise the amount of UK taxpayer-backed Covid-19 loans https://t.co/BHG01zCslw

\\n

— Financial Times (@FinancialTimes) April 15, 2021

\\n

\\n

\\n\",\"\\n

After three days of going down, Yen is flat today, hovering around 108.91

\\n

(Last update 3:11am EST, April 15, 2021)

\\n

\\n

The Dollar/Yen slid down from 108.95 to 108.91, losing 4 pips (0.04%).

\\n

The Chart visual study suggests the Dollar/Yen resistance level is at 110.73. 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. Momentum evaluation shows The Relative Strength Index indicates the Dollar/Yen is in strong oversold condition. On the other hand, note that the lower Bollinger band is at 108.56, indicating a positive move might be next.

\\n

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

\\n

The Dollar/Yen started 2021 by gaining 5.36%.

\\n

\\n
\\n

Exclusive: Sanjeev Gupta restructured his business empire last year in an attempt to maximise the amount of UK taxpayer-backed Covid-19 loans https://t.co/BHG01zCslw

\\n

— Financial Times (@FinancialTimes) April 15, 2021

\\n

\\n

\\n\",\"\\n

Steady Dollar/Swiss parks at 0.9226

\\n

(Last update 3:11am EST, April 15, 2021)

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The Dollar/Swiss price varies between 0.922 and 0.924 and settles at 0.9226.

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Visual analysis of the Swiss franc's price graph shows the Swiss franc resistance level is at 0.9475. In terms of trend indicators, we can see that at 0.9253, Swiss franc made an initial breakout above the 3 day Simple Moving Average, an indication of a positive trend. Asset volatility analysis shows that the lower Bollinger band is at 0.9126, indicating a positive move might be next. However, the Relative Strength Index indicates the Swiss franc is in oversold condition, allowing more gains.

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Overall, looking at the technical analysis landscape, it seems the Swiss franc might be pointing upward in the short term.

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Dollar/Swiss started in 2021 by gaining 3.89%.

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Exclusive: Sanjeev Gupta restructured his business empire last year in an attempt to maximise the amount of UK taxpayer-backed Covid-19 loans https://t.co/BHG01zCslw

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— Financial Times (@FinancialTimes) April 15, 2021

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Aussie/Dollar is growing its six-day winning streak and is trading at 0.7735, gaining 10 pips.

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(Last update 3:12am EST, April 15, 2021)

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Currently light green but with no clear-cut direction, Australian dollar is trading at 0.7735 after ranging today between 0.7746 and 0.7706.

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The Chart visual study suggests although the Aussie/Dollar is green today and was as high as 0.7746, it seems to be slowing down slightly and moving away from the 0.7822 resistance line, and is now 87 pips below it. In terms of trend indicators, we can see that although up today, it's worth noting that the Australian dollar dropped below the 50 day Simple Moving Average as it was trading at 0.7719, usually an indication that a negative trend is ahead. Asset volatility analysis shows that the upper Bollinger band is at 0.7725, This is a slight indication of a slowdown. However, the CCI indicator is above 100. When the CCI (Commodity Channel Index) is at this level, it means the price is above the average price as measured by the indicator, indicating a possible start of a new uptrend. The Relative Strength Index indicates the Australian dollar is in overbought condition.

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

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The Aussie/Dollar started 2021 by losing 0.66%.

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Exclusive: Sanjeev Gupta restructured his business empire last year in an attempt to maximise the amount of UK taxpayer-backed Covid-19 loans https://t.co/BHG01zCslw

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— Financial Times (@FinancialTimes) April 15, 2021

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