\\n
\\n\",\"\\n(Last update 11:11am EST, September 21, 2021)
\\n\\nDollar/Swiss is sliding down from 0.9275 to 0.923, taking a 44 pips loss (0.48%).
\\nIn terms of trend indicators, we can see that at 0.9233, Dollar/Swiss 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 at 0.9314, indicating a further downward move might be next.
\\nOverall, looking at the technical analysis landscape, it seems Dollar/Swiss is likely to continue pointing down in the short term.
\\nDollar/Swiss started the year by gaining 4.84%.
\\n\",\"\\n(Last update 11:11am EST, September 21, 2021)
\\n\\nAfter starting the day at 0.7249 Australian dollar went up to 0.7283 only to drop back to starting point range and now trading at 0.7236.
\\nChart pattern study shows next closest resistance is at 0.7452, while the nearest support level is at 0.7108. In terms of trend indicators, we can see that although down today, it's worth noting that in earlier trading Australian dollar peaked above the 0.7278, 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 0.7216 – a low enough level to usually suggest Aussie/Dollar is trading below its value. However 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 – although indicators are mixed and some are pointing in different directions it seems Australian dollar might reverse course and start pointing upward in the short term.
\\nAustralian dollar had a bad year so far, losing 5.76%.
\\n\\n\"],\"title\":\"Financial Markets Review – 21 September 2021 – 11:11:22\",\"date\":\"2021-09-21T15:11:22\"}"; var omg_ads = JSON.parse(decodeHtml(omg_ads_string)); } catch (e) { var omg_ads = JSON.parse(omg_ads_string); }