![](\\\"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\\\")
(Last update 1:51pm EST, May 5, 2021)
\\nAfter starting the day at 4,164.66, S&P went up to 4,187.72 only to drop back to the half way point range and is now trading at 4,181.45.
\\nA study of the S&P 500's graph shows key levels to watch: S&P 500 immediate resistance is around 4,186.27, nearest support level is at 3,974. In terms of trend indicators, we can see that although up today, it's worth noting that earlier the S&P 500 dropped below the 10 day Simple Moving Average as it was trading at 4,179.61, 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 4,220.33 – a high enough level to usually suggest the S&P is trading above its value.
\\nOverall, looking at the technical analysis landscape, it seems the S&P 500 is likely to reverse course and start pointing down in the short term.
\\nThe S&P started 2021 by gaining 9.81%.
\\n\\n
\\n\\n\\n\\n\",\"\\nAn oversight board has ruled Facebook was right to ban Donald Trump, but not on whether the ban should be permanent. Stay on top of this and other essential stories with our daily briefing https://t.co/WQF80mrito
\\n— The Economist (@TheEconomist) May 5, 2021
(Last update 1:51pm EST, May 5, 2021)
\\nThe mobile and tech colossus rallies 1.2% and maintains at $129.39 level.
\\nThe Chart visual study suggests the nearest resistance level is at $134.84. In terms of trend indicators, we can see that the MACD line is below the MACD signal line significantly, meaning the medium-term trend might turn positive. Asset volatility analysis shows that the lower Bollinger band is at $129.11, indicating further gains might be next. On the other hand, note that the CCI indicator is bellow -100. When the CCI (Commodity Channel Index) is at this level, it means the price is below the average price as measured by the indicator, indicating a possible start of a new downtrend.
\\nOverall, looking at the technical analysis landscape, it seems Apple is likely to continue pointing upward in the short term.
\\nWith a market cap of $2.16 trillion, The mobile and tech colossus started in 2021 by losing 3.79%. So far this year it is under-performing the Nasdaq by 9.26%.
\\n\\n
\\n\\n\\n\\n\",\"\\nAn oversight board has ruled Facebook was right to ban Donald Trump, but not on whether the ban should be permanent. Stay on top of this and other essential stories with our daily briefing https://t.co/WQF80mrito
\\n— The Economist (@TheEconomist) May 5, 2021
(Last update 1:51pm EST, May 5, 2021)
\\nLight red, mostly flat: Facebook ranges between $321.05 and $316.54 and is now at $316.86.
\\nA study of Facebook's graph shows key levels to watch: Facebook might start to recover soon because it is getting close and is now only $3.77 from the support line at $313.09, Obviously, dipping below it could be an indication that further losses are ahead.
\\nOverall, looking at the technical analysis landscape, it seems Facebook might start pointing upward in the short term.
\\nWith a market cap of $898.44 billion, The social media company started in 2021 by gaining 14.2%. So far this year it is outperforming the Nasdaq by 8.73%.
\\n\\n
\\n\\n\\n\\n\",\"\\nAn oversight board has ruled Facebook was right to ban Donald Trump, but not on whether the ban should be permanent. Stay on top of this and other essential stories with our daily briefing https://t.co/WQF80mrito
\\n— The Economist (@TheEconomist) May 5, 2021
(Last update 1:51pm EST, May 5, 2021)
\\nCurrently light red but with no clear-cut direction, Jeff Bezos’s company is trading at $3,289.78 after ranging today between $3,354.7 and $3,286.
\\nThursday, Amazon released its quarterly earnings, beating analysts' estimates. The company reported earnings of 15.79 per share on revenue of $108.52 billion, topping estimates of 9.49 per share on revenue of $104.49 billion. Since the release of its earnings report, Amazon lost 4.88%.
\\nThe Chart visual study suggests Amazon is flirting with the $3,309 immediate support line. 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 $3,274.42 – a low enough level to usually suggest Amazon is trading below its value.
\\nOverall, the technical analysis suggests Amazon is neutral for the immediate future, with no clear-cut direction.
\\nWith a market cap of $1.66 trillion, The tech and retail multifaceted giant has started 2021 by gaining 1.66%. So far this year it is under-performing the Nasdaq by 3.81%.
\\n\\n
\\n\\n\\n\\n\",\"\\nAn oversight board has ruled Facebook was right to ban Donald Trump, but not on whether the ban should be permanent. Stay on top of this and other essential stories with our daily briefing https://t.co/WQF80mrito
\\n— The Economist (@TheEconomist) May 5, 2021
(Last update 11:56am EST, May 5, 2021)
\\nCurrently light green but with no clear-cut direction, Microsoft is trading at $248.69 after ranging today between $249.5 and $247.39.
\\nImportant graph levels to look out for: nearest resistance level is at $261.97. In terms of trend indicators, we can see that the MACD line is below the MACD signal line significantly, meaning the medium-term trend might turn positive. The CCI indicator is bellow -100. When the CCI (Commodity Channel Index) is at this level, it means the price is below the average price as measured by the indicator, indicating a possible start of a new downtrend. Momentum evaluation shows The Relative Strength Index indicates Microsoft is in oversold condition, allowing more gains. Asset volatility analysis shows that the lower Bollinger band is at $245.39, indicating further gains might be next.
\\nOverall, the technical analysis suggests Microsoft is neutral for the immediate future, with no clear-cut direction.
\\nWith a market cap of $1.87 trillion, The iconic OS developer has started 2021 by gaining 10.24%. So far this year it is outperforming the Nasdaq by 4.77%.
\\n\\n
\\n\\n\\n\\n\",\"\\nThe UPS donated $1 million in Covid aid to India, joining corporate giants including FedEx, Google and Amazon https://t.co/vsLDatIfcd pic.twitter.com/lyc5Mlt3mT
\\n— Forbes (@Forbes) May 5, 2021
(Last update 11:56am EST, May 5, 2021)
\\nThe leading search engine company traded at $2,376 after starting the day at $2,354.25 and gaining $21.75 (0.92%).
\\nA study of Google's graph shows key levels to watch: Google could be slowing down soon as it is approaching and is only $54 away from resistance at $2,430, of course, crossing it might suggest further gains are ahead.
\\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 $1.58 trillion, The search engine giant started in 2021 by gaining 25.59%. So far this year it is outperforming the Nasdaq by 20.12%.
\\n\\n
\\n\\n\\n\\n\",\"\\nThe UPS donated $1 million in Covid aid to India, joining corporate giants including FedEx, Google and Amazon https://t.co/vsLDatIfcd pic.twitter.com/lyc5Mlt3mT
\\n— Forbes (@Forbes) May 5, 2021
(Last update 11:56am EST, May 5, 2021)
\\nElon Musk's electric car company trades at $679.41 after starting the day at $673.6 and gaining $5.81 (0.86%).
\\nA study of Tesla's graph shows key levels to watch: for the nearest resistance level is at $762.32. Asset volatility analysis shows that the lower Bollinger band is at $656.73, indicating further gains might be next.
\\nOverall, looking at the technical analysis landscape, it seems Tesla might continue pointing upwards in the short term.
\\nWith a market cap of $654.50 billion, Elon Musk's electric cars company started in 2021 by losing 4.76%. So far this year it is under-performing the Nasdaq by 10.23%.
\\n\\n
\\n\\n\\n\\n\",\"\\nThe UPS donated $1 million in Covid aid to India, joining corporate giants including FedEx, Google and Amazon https://t.co/vsLDatIfcd pic.twitter.com/lyc5Mlt3mT
\\n— Forbes (@Forbes) May 5, 2021
(Last update 11:56am EST, May 5, 2021)
\\nCurrently light red but with no clear-cut direction, the video communications platform provider is trading at $302.64 after ranging today between $310.98 and $301.85.
\\nZoom chart analysis: Zoom immediate support is around $298.61, resistance level is at $316.32. 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 Zoom is in oversold condition, allowing more gains. In contrast, a slight indication of recovery comes from looking at the Bollinger bands: the lower band is at $300.11 – a low enough level to usually suggest Zoom is trading below its value.
\\nOverall, looking at the technical analysis landscape – although indicators are mixed and some are pointing in different directions, it seems further drawbacks may be next for Zoom.
\\nwith a market cap of $88.89 billion, The video communications platform provider has started 2021 by losing 10.65%. So far this year it is under-performing the Nasdaq by 16.12%.
\\n\\n
\\n\\n\\n\\n\",\"\\nThe UPS donated $1 million in Covid aid to India, joining corporate giants including FedEx, Google and Amazon https://t.co/vsLDatIfcd pic.twitter.com/lyc5Mlt3mT
\\n— Forbes (@Forbes) May 5, 2021
(Last update 11:56am EST, May 5, 2021)
\\nA mostly flat day so far for the streaming company, ranging between $507.78 and $500.75 and is now at $502.87.
\\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 $513.61, indicating a downward move might be next.
\\nOverall, looking at the technical analysis landscape, it seems Netflix is likely to start pointing downward in the short term.
\\nWith a market cap of $222.97 billion, The streaming heavyweight started in 2021 by losing 7.46%. So far this year it is under-performing the Nasdaq by 12.93%.
\\n\\n
\\n\\n\\n\\n\",\"\\nThe UPS donated $1 million in Covid aid to India, joining corporate giants including FedEx, Google and Amazon https://t.co/vsLDatIfcd pic.twitter.com/lyc5Mlt3mT
\\n— Forbes (@Forbes) May 5, 2021
(Last update 2:11pm EST, May 5, 2021)
\\nWalmart's price varies between $140.25 and $141.2 and settles at $140.8.
\\nIn terms of trend indicators, we can see that at $140.92, Walmart 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 $142.42, indicating a downward move might be next. However, Walmart is climbing away and is now $2.91 from the $137.89 support line.
\\nOverall, looking at all the technical indicators, it seems Walmart might be pointing down in the short term.
\\nWith a market cap of $396.14 billion, The warehouse store chain company started in 2021 by losing 2.44%. So far this year it is under-performing the Dow Jones by 12.77%.
\\n\",\"\\n(Last update 2:11pm EST, May 5, 2021)
\\nThe consumer goods company is recovering but not yet all the way back to $134.54 after dipping down to $133.74.
\\nThe Chart pattern study shows the nearest support level is at $131.18, while the closest resistance is at $137.75. In terms of trend indicators, we can see that at $134.32, Procter & Gamble made an initial breakout below the 3 day Simple Moving Average, an indication of a negative trend. 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. On the other hand, note that even though currently pointing down, the 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 – although indicators are mixed and some are pointing in different directions, it seems further drawbacks may be next for Procter & Gamble
\\nwith a market cap of $328.65 billion, The consumer goods company started 2021 by losing 3.42%. So far this year it is under-performing the Dow Jones by 13.75%.
\\n\",\"\\n(Last update 2:11pm EST, May 5, 2021)
\\nAfter a mostly steady session, the entertainment giant lost 0.79%, trading at $182.79.
\\nWalt Disney's graph levels to watch: Walt Disney might start to recover soon because it is getting close and is now only three cents from the support line at $182.76, 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 $184.23 Walt Disney did peak above the 10 day Simple Moving Average earlier, usually an indication that a positive move is maybe ahead. However, the upper Bollinger band at $186.33, indicating a further downward move might be next.
\\nOverall, looking at the technical analysis landscape – although indicators are mixed and some are pointing in different directions, it seems Walt Disney might reverse course and start pointing upward in the short term.
\\nWith a market cap of $331.81 billion, The entertainment giant started in 2021 by gaining 1.67%. So far this year it is under-performing the Dow by 8.66%.
\\n\",\"\\n(Last update 2:11pm EST, May 5, 2021)
\\nThe soft drinks giant drops 0.34% early on and steadies at the $53.95 range.
\\nChart visual study suggest Coca-Cola might start to recover soon because it is getting closer and is now only 37 cents from the support line at $53.58, 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 $53.38 – a low enough level to usually suggest Coca-Cola is trading below its value. In contrast, at $53.75, Coca-Cola made an initial breakout below the 21 day Simple Moving Average, an indication of a negative trend.
\\nOverall, looking at the technical analysis landscape – although indicators are mixed and some are pointing in different directions, it seems Coca-Cola might reverse course and start pointing upward in the short term.
\\nWith a market cap of $232.64 billion, The soft drinks giant started 2021 by losing 1.29%. So far this year it is under-performing the Dow Jones by 11.62%.
\\n\",\"\\n(Last update 2:12pm EST, May 5, 2021)
\\nAfter opening at $39.95, the pharmaceuticals and biotechnology company reached $41.09, breaking a 4 – month record. Later, it lost 50 cents and is now trading at $40.59.
\\nYesterday, Pfizer released its quarterly earnings, beating analysts' estimates. The company reported earnings of 0.93 per share on revenue of $14.58 billion, topping estimates of 0.7773 per share on revenue of $13.67 billion. Since the release of its earnings report, Pfizer gained 1.9%.
\\nPfizer chart analysis: Pfizer immediate resistance is around $40.59, nearest support level is at $39.53. In terms of trend indicators, we can see that the CCI indicator is above 100. When the CCI (Commodity Channel Index) is at this level, it means the price is above the average price as measured by the indicator, indicating a possible start of a new uptrend. Asset volatility analysis shows that Pfizer has just crossed the upper Bollinger band at $40.5, indicating further gains might be next. In contrast, The Relative Strength Index shows Pfizer has gone up above 70 going into overbought territory.
\\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 $226.39 billion, The pharmaceuticals and biotechnology company started 2021 by gaining 7.86%. So far this year it is under-performing the Dow by 2.47%.
\\n\",\"\\n(Last update 2:16pm EST, May 5, 2021)
\\nThe fast food giant recovered back to $234.62 after dipping down to $231.56 in a session that started at $233.86.
\\nThursday, McDonald's released its quarterly earnings, beating analysts' estimates. The company reported earnings of 1.92 per share on revenue of $5.12 billion, topping estimates of 1.81 per share on revenue of $5.03 billion. Since the release of its earnings report, McDonald's gained 0.95%.
\\nMcDonald's chart analysis: McDonald's could be slowing down soon as it is approaching and is only $1.47 away from resistance at $236.08, 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 McDonald's dropped below the 21 day Simple Moving Average as it was trading at $232.77, usually an indication that a negative trend is ahead. Asset volatility analysis shows that the upper Bollinger band is at $236.39, This is a slight indication of a slowdown.
\\nOverall, looking at the technical analysis landscape, it seems McDonald's is likely to reverse course and start pointing down in the short term.
\\nWith a market cap of $175.05 billion, The fast food giant started in 2021 by gaining 8.24%. So far this year it is under-performing the Dow Jones by 2.09%.
\\n\\n
\\n\\n\\n\\n\",\"\\nBitcoin will eventually hit '$1 million a coin,' CoinDesk editor predicts https://t.co/PqOiZoAxVI by @SeanaNSmith pic.twitter.com/NSKBtuUMqk
\\n— Yahoo Finance (@YahooFinance) May 5, 2021
(Last update 2:16pm EST, May 5, 2021)
\\nHesitant but green: from an earlier low of $53,366, Bitcoin is up to $57,374 gaining $4,007.24 compared to the $53,366 start of the day (7.51%).
\\nImportant graph levels to look out for: nearest resistance level is at $63,500. In terms of trend indicators, we can see that at $56,900, Bitcoin made an initial breakout above the 50 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 1.07 trillion, Bitcoin started in 2021 by gaining 44.9%.
\\n\\n
\\n\\n\\n\\n\",\"\\nBitcoin will eventually hit '$1 million a coin,' CoinDesk editor predicts https://t.co/PqOiZoAxVI by @SeanaNSmith pic.twitter.com/NSKBtuUMqk
\\n— Yahoo Finance (@YahooFinance) May 5, 2021
(Last update 2:16pm EST, May 5, 2021)
\\nHesitant but green: from an earlier low of $1,769.3, Gold is up to $1,783.4 gaining $7.4 compared to the $1,776 start of the day (0.42%).
\\nAs the day reaches an end, a chart visual study suggests Gold immediate resistance is around $1,795.67, nearest support level is at $1,741.4. In terms of trend indicators, we can see that at $1,779.54, Gold made an initial breakout above the 5 day Simple Moving Average, an indication of a positive trend. Asset volatility analysis shows that the upper Bollinger band is at $1,799.64, This is a slight indication of a slowdown.
\\nOverall, technical indicators suggest Gold has no obvious direction for the immediate future.
\\nGold started 2021 by losing 6.45%.
\\n\\n
\\n\\n\\n\\n\",\"\\nBitcoin will eventually hit '$1 million a coin,' CoinDesk editor predicts https://t.co/PqOiZoAxVI by @SeanaNSmith pic.twitter.com/NSKBtuUMqk
\\n— Yahoo Finance (@YahooFinance) May 5, 2021
(Last update 2:16pm EST, May 5, 2021)
\\nAfter opening at $66.19, crude oil reached $66.72, breaking an 8 week record. Later, it lost $1.24 and is now trading at $65.48.
\\nAs the day reaches an end, a chart visual study suggests oil's nearest support level is at $57.76. 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 $66.41, indicating a further downward move might be next.
\\nOverall, technical indicators suggest oil has no obvious direction for the immediate future.
\\nCrude oil started 2021 by gaining 26.63%.
\\n\\n
\\n\\n\\n\\n\",\"\\nBitcoin will eventually hit '$1 million a coin,' CoinDesk editor predicts https://t.co/PqOiZoAxVI by @SeanaNSmith pic.twitter.com/NSKBtuUMqk
\\n— Yahoo Finance (@YahooFinance) May 5, 2021
(Last update 2:16pm EST, May 5, 2021)
\\nCurrently light red but with no clear-cut direction, Euro is trading at 1.2 after ranging today between 1.2027 and 1.1986.
\\nImportant graph levels to look out for: nearest support level is at 1.1718, while the closest resistance is at 1.2126. In terms of trend indicators, we can see that although down today, it's worth noting that at 1.202 Euro did peak above the 3 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 1.1951 – a low enough level to usually suggest the Euro is trading below its value.
\\nOverall, looking at the technical analysis landscape, it seems the Euro might start pointing upward in the short term.
\\nThe Euro/Dollar started 2021 by losing 1.32%.
\\n\\n
\\n\\n\\n\\n\",\"\\nBitcoin will eventually hit '$1 million a coin,' CoinDesk editor predicts https://t.co/PqOiZoAxVI by @SeanaNSmith pic.twitter.com/NSKBtuUMqk
\\n— Yahoo Finance (@YahooFinance) May 5, 2021
(Last update 3:11pm EST, May 5, 2021)
\\nCurrently light green but with no clear-cut direction, GBP/USD trading at 1.3907 after ranging today between 1.3926 and 1.3876.
\\nAn analysis of The Pound chart suggests the Pound/Dollar could be slowing down soon because it is getting close and is now only 80 pips from the resistance line at 1.3987, yet crossing it might suggest further gains are ahead. Asset volatility analysis shows that a slight indication of a slowdown comes from looking at the Bollinger bands: the upper band is at 1.3967 – a high enough level to usually suggest the Pound is trading above its value. In contrast, 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 the Pound/Dollar
\\nThe British Pound started in 2021 by gaining 1.74%.
\\n\\n
\\n\\n\\n\\n\",\"\\nUK reports 2,144 further COVID-19 cases, 27 more deaths https://t.co/ommEwpTWC2 pic.twitter.com/1G1ntH4sRG
\\n— Reuters (@Reuters) May 5, 2021
(Last update 3:11pm EST, May 5, 2021)
\\nThe Yen slid down from 109.36 to 109.24, losing 11 pips (0.11%).
\\nThe Chart visual study suggests the nearest support level is at 107.86, while the closest resistance is at 110.73. In terms of trend indicators, we can see that at 109.24, Yen 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 109.76, indicating a further downward move might be next. However, the Relative Strength Index indicates the Yen is in overbought condition, keep an eye out for a slowdown of gains.
\\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 yen
\\nThe Yen started in 2021 by gaining 5.32%.
\\n\\n
\\n\\n\\n\\n\",\"\\nUK reports 2,144 further COVID-19 cases, 27 more deaths https://t.co/ommEwpTWC2 pic.twitter.com/1G1ntH4sRG
\\n— Reuters (@Reuters) May 5, 2021
(Last update 3:11pm EST, May 5, 2021)
\\nThe Dollar/Swiss price varies between 0.9121 and 0.9165 and settles at 0.9135.
\\nImportant graph levels to look out for: Swiss franc resistance level is at 0.9475. In terms of trend indicators, we can see that at 0.9151, Dollar/Swiss made an initial breakout above the 10 day Simple Moving Average, an indication of a positive trend. Asset volatility analysis shows that the upper Bollinger band is at 0.9193, indicating a downward move might be next.
\\nOverall, the technical analysis suggests the Swiss franc is neutral for the immediate future, with no clear-cut direction.
\\nThe Swiss franc started in 2021 by gaining 2.86%.
\\n\\n
\\n\\n\\n\\n\",\"\\nUK reports 2,144 further COVID-19 cases, 27 more deaths https://t.co/ommEwpTWC2 pic.twitter.com/1G1ntH4sRG
\\n— Reuters (@Reuters) May 5, 2021
(Last update 3:11pm EST, May 5, 2021)
\\nThe Aussie/Dollar rallied 35 pips and maintains at 0.7742 level.
\\nAn analysis of the Australian dollar chart suggests the Australian dollar is eyeing resistance at 0.7796 and is now only 54 pips away, whilst this indicates a slow down or reverse of direction around 0.7796, crossing it might suggest a prolonged positive move. Asset volatility analysis shows that a slight indication of a slowdown comes from looking at the Bollinger bands: the upper band is at 0.7814 – a high enough level to usually suggest the Australian dollar is trading above its value. In contrast, at 0.7722, Australian dollar made an initial breakout above the 21 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 the Australian dollar.
\\nThe Australian dollar started 2021 by gaining 0.84%.
\\n\\n
\\n\\n\\n\\n\\n\"],\"title\":\"Financial Markets Review – 5 May 2021 – 15:11:39\",\"date\":\"2021-05-05T19:11:39\"}"; var omg_ads = JSON.parse(decodeHtml(omg_ads_string)); } catch (e) { var omg_ads = JSON.parse(omg_ads_string); }UK reports 2,144 further COVID-19 cases, 27 more deaths https://t.co/ommEwpTWC2 pic.twitter.com/1G1ntH4sRG
\\n— Reuters (@Reuters) May 5, 2021
![](\\\"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\\\")
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