\\n
\\n\",\"\\n(Last update 8:31am EST, April 26, 2021)
\\n\\nAfter opening at 4,135, S&P 500 reached a record high of 4,194.17. Later, it lost 14 points and closed at 4,180.17.
\\nA study of the S&P 500's graph shows key levels to watch: S&P immediate resistance is around 4,203.3, nearest support level is at 3,974. In terms of trend indicators, we can see that at 4,148.55, S&P 500 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 4,247, This is a slight indication of a slowdown.
\\nOverall, the technical analysis suggests the S&P 500 is neutral for the immediate future, with no clear-cut direction.
\\nThe S&P 500 started 2021 by gaining 10.26%.
\\n\\n
\\n\\n\\n\\n\",\"\\nFutures this morning.
\\n✦ S&P 500 ▼ 0.02%
\\n
✦ Nasdaq ▼ 0.25%
✧ Russell 2K △ 0.48%
✧ Dow Jones △ 0.15% pic.twitter.com/Y9jBs1YLKl— Stocktwits (@Stocktwits) April 26, 2021
(Last update 8:31am EST, April 26, 2021)
\\n\\nApple Friday at a glance – after it started the day at $131.94 Apple went up to $135.12 only to drop back, yet still traded positively overall and closed at $134.32. Trading volume was 75.41 million, below the daily average of 88.47 million.
\\nVisual analysis of the Apple's price graph shows Apple's immediate resistance is around $135.57, nearest support level is at $127.79. In terms of trend indicators, we can see that at $133.27, Apple made an initial breakout above the 10 day Simple Moving Average, an indication of a positive trend.
\\nOverall, looking at the technical analysis landscape, it seems Apple might continue pointing upwards in the short term.
\\nWith a market cap of $2.24 trillion, The mobile and tech colossus started in 2021 by gaining 1.24%. So far this year it is under-performing the Nasdaq by 6.93%.
\\n\\n
\\n\\n\\n\\n\",\"\\nFutures this morning.
\\n✦ S&P 500 ▼ 0.02%
\\n
✦ Nasdaq ▼ 0.25%
✧ Russell 2K △ 0.48%
✧ Dow Jones △ 0.15% pic.twitter.com/Y9jBs1YLKl— Stocktwits (@Stocktwits) April 26, 2021
(Last update 8:32am EST, April 26, 2021)
\\n\\nFacebook Friday at a glance – starting at $298.76 the social media company rallied 1.55% and maintained at the $301.13 level. Trading volume was 17.56 million, above the daily average of 16.99 million.
\\nFacebook's graph levels to watch: nearest resistance level is at $313.09. In terms of trend indicators, we can see that at $300.51, Facebook 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 $295.42, indicating further gains might be next.
\\nOverall, looking at the technical analysis landscape, it seems Facebook might continue pointing upwards in the short term.
\\nWith a market cap of $856.56 billion, The social media company started in 2021 by gaining 9.43%. So far this year it is outperforming the Nasdaq by 1.26%.
\\n\\n
\\n\\n\\n\\n\",\"\\nFutures this morning.
\\n✦ S&P 500 ▼ 0.02%
\\n
✦ Nasdaq ▼ 0.25%
✧ Russell 2K △ 0.48%
✧ Dow Jones △ 0.15% pic.twitter.com/Y9jBs1YLKl— Stocktwits (@Stocktwits) April 26, 2021
(Last update 8:32am EST, April 26, 2021)
\\n\\nAmazon Friday at a glance – starting at $3,319 Jeff Bezos’s company rallied 0.96% and maintained at the $3,341 level. Trading volume was 3.20 million, above the daily average of 3.05 million.
\\nAmazon's graph levels to watch: Amazon could be slowing down soon because it is getting close and is now only $59.12 from the resistance line at $3,400, yet crossing it might suggest further gains are ahead. In terms of trend indicators, we can see that at $3,364, Amazon made an initial breakout above the 10 day Simple Moving Average, an indication of a positive trend.
\\nOverall, the technical analysis suggests Amazon is neutral for the immediate future, with no clear-cut direction.
\\nWith a market cap of $1.69 trillion, The tech and retail multifaceted giant has started 2021 by gaining 2.54%. So far this year it is under-performing the Nasdaq by 5.63%.
\\n\\n
\\n\\n\\n\\n\",\"\\nFutures this morning.
\\n✦ S&P 500 ▼ 0.02%
\\n
✦ Nasdaq ▼ 0.25%
✧ Russell 2K △ 0.48%
✧ Dow Jones △ 0.15% pic.twitter.com/Y9jBs1YLKl— Stocktwits (@Stocktwits) April 26, 2021
(Last update 8:56am EST, April 26, 2021)
\\n\\nMicrosoft Friday at a glance – the software giant rallied 1.55% and maintained at $261.15 level. Trading volume was 20.12 million, below the daily average of 23.64 million.
\\nMicrosoft is scheduled to announce earnings results tomorrow. The consensus EPS estimate is 1.78 and the consensus revenue estimate is $41.04 billion.
\\nImportant graph levels to look out for: Microsoft immediate resistance is around $262.68, nearest support level is at $236.94. 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 $262.66, This is a slight indication of a slowdown. In contrast, at $258.08, Microsoft made an initial breakout above the 10 day Simple Moving Average, an indication of a positive trend.
\\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 $1.97 trillion, The software giant started in 2021 by gaining 15.06%. So far this year it is outperforming the Nasdaq by 6.89%.
\\n\\n
\\n\\n\\n\\n\",\"\\nWhat to watch today: Stock futures mixed as Tesla kicks off tech earnings https://t.co/efrE9d7poQ
\\n— CNBC (@CNBC) April 26, 2021
(Last update 8:56am EST, April 26, 2021)
\\n\\nGoogle Friday at a glance – after it started the day at $2,268 Google went up to $2,325.82 only to drop back, yet still traded positively overall and closed at $2,315.3. Trading volume was 1.39 million, above the daily average of 1.20 million.
\\nGoogle is scheduled to announce earnings results tomorrow. The consensus EPS estimate is 15.71 and the consensus revenue estimate is $51.36 billion.
\\nImportant graph levels to look out for: Google immediate resistance is around $2,334.68, nearest support level is at $2,108.54. In terms of trend indicators, we can see that although up today, it's worth noting that earlier Google dropped below the 10 day Simple Moving Average as it was trading at $2,281.44, 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 $2,329.65 – 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 reverse course and start pointing down in the short term.
\\nWith a market cap of $1.54 trillion, The search engine giant started in 2021 by gaining 24.84%. So far this year it is outperforming the Nasdaq by 16.67%.
\\n\\n
\\n\\n\\n\\n\",\"\\nWhat to watch today: Stock futures mixed as Tesla kicks off tech earnings https://t.co/efrE9d7poQ
\\n— CNBC (@CNBC) April 26, 2021
(Last update 8:56am EST, April 26, 2021)
\\n\\nTesla Friday at a glance – hesitant but green, Tesla closed at $729.4 after ranging between $715.46 and $737.36. Trading volume was 28.41 million, below the daily average of 34.98 million.
\\nTesla is scheduled to announce earnings results today. The consensus EPS estimate is 0.7428 and the consensus revenue estimate is $10.42 billion.
\\nThe Chart pattern study shows Tesla's immediate resistance is around $739.35, nearest support level is at $707.94. In terms of trend indicators, we can see that at $724.96, Tesla made an initial breakout above the 10 day Simple Moving Average, an indication of a positive trend. 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. However, a slight indication of a slowdown comes from looking at the Bollinger bands: the upper band is at $761.3 – a high enough level to usually suggest Tesla is trading above its value.
\\nOverall, looking at the technical analysis landscape, it seems Tesla is likely to continue pointing upward in the short term.
\\nWith a market cap of $714.25 billion, The trendy electric car company started in 2021 by gaining 3.3%. So far this year it is under-performing the Nasdaq by 4.87%.
\\n\\n
\\n\\n\\n\\n\",\"\\nWhat to watch today: Stock futures mixed as Tesla kicks off tech earnings https://t.co/efrE9d7poQ
\\n— CNBC (@CNBC) April 26, 2021
(Last update 8:56am EST, April 26, 2021)
\\n\\nZoom Friday at a glance – the video communications platform provider went up to $336.88 and gained $8.56 compared to the $328.32 start of the day (2.61%). Trading volume was 2.36 million, below the daily average of 2.99 million.
\\nVisual analysis of the Zoom's price graph shows Zoom could be slowing down soon because it is getting close and is now only $18.29 from the resistance line at $355.17, yet crossing it might suggest further gains are ahead. Asset volatility analysis shows that the upper Bollinger band is at $343.05, This is a slight indication of a slowdown.
\\nOverall, looking at the technical analysis landscape, it seems Zoom is likely to reverse course and start pointing down in the short term.
\\nWith a market cap of $94.80 billion, The video communications platform provider started in 2021 by losing 0.13%. So far this year it is under-performing the Nasdaq by 8.3%.
\\n\\n
\\n\\n\\n\\n\",\"\\nWhat to watch today: Stock futures mixed as Tesla kicks off tech earnings https://t.co/efrE9d7poQ
\\n— CNBC (@CNBC) April 26, 2021
(Last update 8:56am EST, April 26, 2021)
\\n\\nNetflix Friday at a glance – the streaming company recovered some but not all the way back to $508.78 after dipping down to $500.81. Trading volume was 7.31 million, above the daily average of 6.96 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 $12.22 from the support line at $493.33, 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 $492.7 – a low enough level to usually suggest Netflix is trading below its value. In contrast, The Relative Strength Index indicates Netflix is in strong oversold condition.
\\nOverall, 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.
\\nWith a market cap of $225.39 billion, The streaming heavyweight started in 2021 by losing 6.91%. So far this year it is under-performing the Nasdaq by 15.08%.
\\n\\n
\\n\\n\\n\\n\",\"\\nWhat to watch today: Stock futures mixed as Tesla kicks off tech earnings https://t.co/efrE9d7poQ
\\n— CNBC (@CNBC) April 26, 2021
(Last update 8:31am EST, April 26, 2021)
\\n\\nWalmart Friday at a glance – Walmart closed at $139.9 with no clear-cut direction and ranged between $140.34 and $139.03. Trading volume was 7.66 million, above the daily average of 6.96 million.
\\nImportant graph levels to look out for: Walmart's nearest support level is at $134.12. In terms of trend indicators, we can see that at $139.74, Walmart made an initial breakout above the 200 day Simple Moving Average, an indication of a positive trend. Asset volatility analysis shows that the upper Bollinger band is at $141.18, indicating a downward move might be next.
\\nOverall, the technical analysis suggests Walmart is neutral for the immediate future, with no clear-cut direction.
\\nWith a market cap of $397.77 billion, The warehouse store chain company started in 2021 by losing 3.04%. So far this year it is under-performing the Dow Jones by 13.2%.
\\n\\n
\\n\\n\\n\\n\",\"\\nS.Korea signs with Pfizer for additional 40 mln COVID-19 vaccine doses https://t.co/9BepG0A2Z5 pic.twitter.com/y4LDD41JjL
\\n— Reuters (@Reuters) April 24, 2021
(Last update 8:31am EST, April 26, 2021)
\\n\\nProcter & Gamble Friday at a glance – the consumer goods corporation recovered some but not all the way back to $134.63 after dipping down to $133.25. Trading volume was 6.71 million, below the daily average of 8.08 million.
\\nProcter & Gamble is down despite the fact that on Tuesday the company released its quarterly earnings, beating analysts' estimates. The company reported earnings of 1.26 per share on revenue of $18.11 billion, topping estimates of 1.19 per share on revenue of $17.96 billion.
\\nProcter & Gamble's graph levels to watch: nearest support level is at $122.15, while the closest resistance is at $135.11. 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. Asset volatility analysis shows that a slight indication of recovery comes from looking at the Bollinger bands: the lower band is at $133.33 – a low enough level to usually suggest Procter & Gamble is trading below its value.
\\nOverall, the technical analysis suggests Procter & Gamble is neutral for the immediate future, with no clear-cut direction.
\\nWith a market cap of $335.04 billion, The consumer goods company started 2021 by losing 3.86%. So far this year it is under-performing the Dow Jones by 14%.
\\n\\n
\\n\\n\\n\\n\",\"\\nS.Korea signs with Pfizer for additional 40 mln COVID-19 vaccine doses https://t.co/9BepG0A2Z5 pic.twitter.com/y4LDD41JjL
\\n— Reuters (@Reuters) April 24, 2021
(Last update 8:31am EST, April 26, 2021)
\\n\\nWalt Disney Friday at a glance – the entertainment and content production company went up to $183.02 and gained 26 cents compared to the $182.76 start of the day (0.14%). Trading volume was 6.08 million, below the daily average of 7.76 million.
\\nWalt Disney chart analysis: nearest resistance level is at $201.91. In terms of trend indicators, we can see that at $182.89, Walt Disney 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 $181.08, indicating further gains might be next.
\\nOverall, looking at the technical analysis landscape, it seems Walt Disney might continue pointing upwards in the short term.
\\nWith a market cap of $332.39 billion, The entertainment and content production company has started 2021 by gaining 1%. So far this year it is under-performing the Dow by 9.15%.
\\n\\n
\\n\\n\\n\\n\",\"\\nS.Korea signs with Pfizer for additional 40 mln COVID-19 vaccine doses https://t.co/9BepG0A2Z5 pic.twitter.com/y4LDD41JjL
\\n— Reuters (@Reuters) April 24, 2021
(Last update 8:31am EST, April 26, 2021)
\\n\\nCoca-Cola Friday at a glance – a mostly flat day so far for the soft drink company, ranging between $54.59 and $54.17 and is now at $54.47. Trading volume was 9.02 million, below the daily average of 12.61 million.
\\nChart visual study suggest Coca-Cola might start to recover soon because it is getting closer and is now only 62 cents from the support line at $53.85, Obviously, dipping below it could be an indication that further losses are ahead. In terms of trend indicators, we can see that at $54.41, Coca-Cola made an initial breakout above the 3 day Simple Moving Average, an indication of a positive trend. Momentum evaluation shows The Relative Strength Index indicates Coca-Cola is in overbought condition. On the other hand, note that the upper Bollinger band is at $55, indicating a downward move might be next.
\\nOverall, looking at the technical analysis landscape, it seems Coca-Cola might be pointing upward in the short term.
\\nWith a market cap of $235.42 billion, The soft drinks giant started 2021 by losing 0.68%. So far this year it is under-performing the Dow by 10.84%.
\\n\\n
\\n\\n\\n\\n\",\"\\nS.Korea signs with Pfizer for additional 40 mln COVID-19 vaccine doses https://t.co/9BepG0A2Z5 pic.twitter.com/y4LDD41JjL
\\n— Reuters (@Reuters) April 24, 2021
(Last update 8:31am EST, April 26, 2021)
\\n\\nPfizer Friday at a glance – a mostly flat day for Pfizer as it ranged between $38.83 and $38.43 and closed at $38.66. Trading volume was 24.39 million, below the daily average of 31.04 million.
\\nImportant graph levels to look out for: Pfizer's nearest support level is at $36.62.
\\nWith a market cap of $220.50 billion, The pharmaceuticals and biotechnology company started 2021 by gaining 4.79%. So far this year it is under-performing the Dow by 5.37%.
\\n\\n
\\n\\n\\n\\n\",\"\\nS.Korea signs with Pfizer for additional 40 mln COVID-19 vaccine doses https://t.co/9BepG0A2Z5 pic.twitter.com/y4LDD41JjL
\\n— Reuters (@Reuters) April 24, 2021
(Last update 8:26am EST, April 26, 2021)
\\n\\nMcDonald's Friday at a glance – the fast food giant went up to $234.58 and gained $1.62 compared to the $232.96 start of the day (0.7%). Trading volume was 2.14 million, below the daily average of 2.57 million.
\\nImportant graph levels to look out for: McDonald's immediate resistance is around $235.49, nearest support level is at $232.61. 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 a slight indication of a slowdown comes from looking at the Bollinger bands: the upper band is at $236.6 – a high enough level to usually suggest McDonald's is trading above its value.
\\nOverall, technical indicators suggest McDonald's has no obvious direction for the immediate future.
\\nWith a market cap of $173.29 billion, The fast food giant started in 2021 by gaining 8.59%. So far this year it is under-performing the Dow by 1.57%.
\\n\\n
\\n\\n\\n\\n\",\"\\nA second bitcoin exchange collapses in Turkey amid crackdown on cryptocurrencies https://t.co/v5Go5AO74T
\\n— CNBC (@CNBC) April 26, 2021
(Last update 8:26am EST, April 26, 2021)
\\n\\nBitcoin is gaining $4,681.5 and is hovering at the $53,638 level.
\\nThe Chart pattern study shows the nearest resistance level is at $63,500. In terms of trend indicators, we can see that at $52,657, Bitcoin made an initial breakout above the 5 day Simple Moving Average, an indication of a positive trend.
\\nOverall, looking at the technical analysis landscape, it seems Bitcoin might continue pointing upwards in the short term.
\\nWith a market cap of 1.00 trillion, Bitcoin started in 2021 by gaining 40.1%.
\\n\\n
\\n\\n\\n\\n\",\"\\nA second bitcoin exchange collapses in Turkey amid crackdown on cryptocurrencies https://t.co/v5Go5AO74T
\\n— CNBC (@CNBC) April 26, 2021
(Last update 8:26am EST, April 26, 2021)
\\n\\nAfter opening at $1,777.8, Gold reached $1,783, breaking a 2 month record. Later, it lost $11.5 and is now trading at $1,771.5.
\\nThe chart pattern study shows Gold's nearest support level is at $1,741.4, followed by $1,677.7 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. Asset volatility analysis shows that the upper Bollinger band is at $1,778.55, indicating a further downward move might be next.
\\nOverall, the technical analysis suggests gold is neutral for the immediate future, with no clear-cut direction.
\\nGold started 2021 by losing 6.42%.
\\n\\n
\\n\\n\\n\\n\",\"\\nA second bitcoin exchange collapses in Turkey amid crackdown on cryptocurrencies https://t.co/v5Go5AO74T
\\n— CNBC (@CNBC) April 26, 2021
(Last update 8:26am EST, April 26, 2021)
\\n\\nOil dropped from $62.1 to $60.9, losing $1.2 (1.94%).
\\nThe Chart visual study suggests oil fell below the $61.56 support zone and receded 66 cents away from it, next resistance level is at $58.65. At $61.89, Oil made an initial breakout below the 50 day Simple Moving Average, an indication of a negative trend. 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.
\\nOverall, looking at the technical analysis landscape, it seems oil is likely to continue pointing down in the short term.
\\nOil started 2021 by gaining 21.77%.
\\n\\n
\\n\\n\\n\\n\",\"\\nA second bitcoin exchange collapses in Turkey amid crackdown on cryptocurrencies https://t.co/v5Go5AO74T
\\n— CNBC (@CNBC) April 26, 2021
(Last update 8:26am EST, April 26, 2021)
\\n\\nAfter starting the day at 1.2093, Euro/Dollar rallied to 1.2117, hitting its highest point in 8 weeks, It later lost 33 pips and is now trading at 1.2083
\\nThe Chart pattern study shows the Euro/Dollar nearest support level is at 1.1718. 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 1.2129, indicating a downward move might be next.
\\nOverall, the technical analysis suggests the Euro is neutral for the immediate future, with no clear-cut direction.
\\nThe Euro started 2021 by losing 1.02%.
\\n\\n
\\n\\n\\n\\n\",\"\\nA second bitcoin exchange collapses in Turkey amid crackdown on cryptocurrencies https://t.co/v5Go5AO74T
\\n— CNBC (@CNBC) April 26, 2021
(Last update 9:11am EST, April 26, 2021)
\\n\\nThe GBP/USD price varies between 1.3863 and 1.3929 and settles at 1.3875.
\\nThe Chart visual study suggests the Pound/Dollar resistance level is at 1.3905. In terms of trend indicators, we can see that at 1.3872, the British Pound 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 1.3982, indicating a downward move might be next.
\\nOverall, looking at the technical analysis landscape, it seems the British Pound is likely to start pointing downward in the short term.
\\nThe Pound/Dollar started in 2021 by gaining 1.51%.
\\n\\n
\\n\\n\\n\\n\",\"\\nGhana’s pharma industry approaches AstraZeneca for rights to manufacture the U.K. company’s vaccine locally, a move that could speed up inoculations in the country https://t.co/Iu5tsBIsoi
\\n— Bloomberg (@business) April 26, 2021
(Last update 9:11am EST, April 26, 2021)
\\n\\nAfter opening at 107.94, dollar/yen dropped to its lowest point in 7 weeks at 107.64. It later recovered 39 pips and is now trading at 108.03.
\\nYen chart analysis: Yen resistance level is at 110.73. In terms of trend indicators, we can see that at 107.97, Yen made an initial breakout above the 5 day Simple Moving Average, an indication of a positive trend. Asset volatility analysis shows that the lower Bollinger band is at 107.48, indicating a positive move might be next. However, The Relative Strength Index indicates the Dollar/Yen is in oversold condition, allowing more gains.
\\nOverall, looking at the technical analysis landscape, it seems the Yen might be pointing upward in the short term.
\\nThe Dollar/Yen started 2021 by gaining 4.33%.
\\n\\n
\\n\\n\\n\\n\",\"\\nGhana’s pharma industry approaches AstraZeneca for rights to manufacture the U.K. company’s vaccine locally, a move that could speed up inoculations in the country https://t.co/Iu5tsBIsoi
\\n— Bloomberg (@business) April 26, 2021
(Last update 9:11am EST, April 26, 2021)
\\n\\nThe Dollar/Swiss is up to 0.9162 having started the day at 0.9137, overall a 0.27% move or 24 pips today.
\\nIn 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. Asset volatility analysis shows that the upper Bollinger band is at 0.9251, This is a slight indication of a slowdown.
\\nOverall, looking at the technical analysis landscape, it seems the Swiss franc is likely to reverse course and start pointing down in the short term.
\\nThe Swiss franc started in 2021 by gaining 3.24%.
\\n\\n
\\n\\n\\n\\n\",\"\\nGhana’s pharma industry approaches AstraZeneca for rights to manufacture the U.K. company’s vaccine locally, a move that could speed up inoculations in the country https://t.co/Iu5tsBIsoi
\\n— Bloomberg (@business) April 26, 2021
(Last update 9:11am EST, April 26, 2021)
\\n\\nStarting the session at 0.7741, Australian dollar rallied above 0.7798 for the first time in 5 weeks, gaining 49 pips, and is now trading at 0.7791.
\\nMedium-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. 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 a slight indication of a slowdown comes from looking at the Bollinger bands: the upper band is at 0.7804 – a high enough level to usually suggest the Australian dollar is trading above its value.
\\nOverall, looking at the technical analysis landscape, it seems the Australian dollar is likely to continue pointing upward in the short term.
\\nThe Aussie/Dollar started 2021 by losing 0.43%.
\\n\\n
\\n\\n\\n\\n\\n\"],\"title\":\"Financial Markets Review – 26 April 2021 – 09:11:57\",\"date\":\"2021-04-26T13:11:57\"}"; var omg_ads = JSON.parse(decodeHtml(omg_ads_string)); } catch (e) { var omg_ads = JSON.parse(omg_ads_string); }Ghana’s pharma industry approaches AstraZeneca for rights to manufacture the U.K. company’s vaccine locally, a move that could speed up inoculations in the country https://t.co/Iu5tsBIsoi
\\n— Bloomberg (@business) April 26, 2021