\\n

\\n\",\"\\n

Facebook holds at $221.51

\\n

(Last update 1:51pm EST, March 28, 2022)

\\n

\\n

Facebook is trading at $221.51 with no clear-cut direction, ranging between $224.04 and $219.55.

\\n

A study of Facebook's graph shows key levels to watch: Facebook's resistance level is now at $323. 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. Analysis based on the asset volatility indicates that Facebook's upper Bollinger band is at $227.3, indicating a downward move might be next.

\\n

Overall, while Facebook has been on an uptrend, technical indicators suggest that it has no obvious direction for the immediate future.

\\n

Facebook is currently trading with a market cap of $602.94 billion Mark Zuckerberg's company has lost 34.48% this year. So far, it has been doing worse than the Nasdaq by 22.74%.

\\n\",\"\\n

Amazon retreats $24.63 from 2 months high

\\n

(Last update 1:51pm EST, March 28, 2022)

\\n

\\n

The tech and retail multifaceted giant reached $3,366.63, breaking a 2 months record. Later, it lost $24.63 and is now trading at $3,342.

\\n

A study of Amazon's graph shows key levels to watch: Amazon's immediate resistance is around $3,343.32 and its nearest support level is at $3,228.27. Trend indicators show us that at $3,331.29, Amazon made an initial breakout above 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.

\\n

Examining the technical analysis landscape, Amazon might continue its downtrend in the short term.

\\n

The company's market cap is $1.70 trillion the tech and retail multifaceted giant decreased by 3.3% this year. So far, it has been better than the Nasdaq by 8.44%.

\\n

\\n
\\n

Amazon's shares rallied on Monday, with the e-commerce giant extending a recent advance that helped erase its losses for the year. https://t.co/SjIwC7FlHF

\\n

— Bloomberg (@business) March 28, 2022

\\n

\\n

\\n\",\"\\n

After closing the last session at $303.68, Microsoft climbs to $307.57 (up $3.89)

\\n

(Last update 1:26pm EST, March 28, 2022)

\\n

\\n

After ending Friday at $303.68, Microsoft is currently trading at $307.57.

\\n

Microsoft's graph levels to watch: Microsoft's immediate resistance is around $309.03 and its nearest support level is at $300.19. Trend indicators show us that the MACD line is significantly above the MACD signal line, meaning the medium-term trend might turn negative. Asset volatility analysis shows that Microsoft's upper Bollinger band is at $312.21, this is a slight indication of a slowdown. On the other hand, note 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 like a reverse of course (in the short term) might be next for Microsoft.

\\n

The company has a market cap of $2.31 trillion the software giant has lost 9.28% this year. So far, it has been better than the Nasdaq by 2.46%.

\\n\",\"\\n

Google draws back lost 0.47% after ending the last session at $2,830.43

\\n

(Last update 1:26pm EST, March 28, 2022)

\\n

\\n

The search engine giant slides down from $2,830.43 to $2,817.22, losing $13.21 (0.47%).

\\n

Google chart analysis: the nearest support level is at $2,529.29. Trend indicators show us that at $2,809, Google made an initial breakout below the 3 day Simple Moving Average, an indication of a negative trend. Asset volatility analysis shows that Google's upper Bollinger band at $2,870, indicating a further downward move might be next. Despite this, 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

In general, examining the technical analysis landscape, although indicators are mixed further drawbacks may be next for Google.

\\n

The company has a market cap of $1.86 trillion the search engine giant has lost 2.45% this year. So far, it has been outperforming the Nasdaq​ by 9.29%.

\\n

\\n
\\n

Google appears to be working on a mysterious project that could irritate crypto fanshttps://t.co/EWnI6X2e53

\\n

— TheStreet (@TheStreet) March 28, 2022

\\n

\\n

\\n\",\"\\n

Tesla up 8.06%, trading around $1,092

\\n

(Last update 1:26pm EST, March 28, 2022)

\\n

\\n

After closing Friday at $1,010.64, Tesla climbed to $1,096.57 only to drop some of the way, and is now trading at $1,092.

\\n

Visual analysis of Tesla's price graph shows Tesla's nearest support level is at $936.72. Trend indicators show us 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. Analysis based on the asset volatility indicates that Tesla has just crossed the upper Bollinger band at $1,061.58, indicating further gains might be next. In contrast, the Relative Strength Index shows Tesla has gone up above 70, going into overbought territory.

\\n

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

\\n

Tesla has a market cap of $1.13 trillion Elon Musk's electric cars company has lost 15.76% this year. So far, it has been doing worse than the Nasdaq by 4%.

\\n\",\"\\n

After ending the last session at $113.93, Zoom improves to $115.45 (up 1.33%)

\\n

(Last update 1:26pm EST, March 28, 2022)

\\n

\\n

After dipping down to $113.63, Zoom regains earlier losses and goes up to $115.45.

\\n

A chart visual study suggests Zoom's immediate resistance is around $116.86 and its nearest support level is at $94.64. In terms of trend indicators, we can see that at $117.03, Zoom made an initial breakout above 5 day Simple Moving Average, an indication of a positive trend.

\\n

Examining the technical analysis landscape, Zoom might continue its downtrend in the short term.

\\n

The company's market cap is $34.53 billion the video communications platform provider has lost 38.17% this year. So far, it has been doing worse than the Nasdaq by 26.43%.

\\n\",\"\\n

Netflix stumbles to $372.38 (down 0.39%) after ending the last session at $373.85

\\n

(Last update 1:26pm EST, March 28, 2022)

\\n

\\n

After dipping down to $366.75 today, the streaming company is recovering but is not yet all the way back to $373.85.

\\n

Important graph levels to look out for: the nearest support level is at $331. In terms of trend indicators, we can see that at $376.31, Netflix 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 Netflix is likely to start pointing downward in the short term.

\\n

Netflix's market cap currently stands at $166.14 billion the streaming company has gone down 37.42% this year (2022). So far, it has been under-performing the Nasdaq​ by 25.68%.

\\n\",\"\\n

Walmart up 1.32%, trading around $145.35

\\n

(Last update 1:41pm EST, March 28, 2022)

\\n

\\n

After ending Friday at $143.45, Walmart is currently trading at $145.35.

\\n

An analysis of Walmart's chart suggests Walmart broke through the $145.78 resistance, climbing 43 cents above it. Trend indicators show us that at $144.19, Walmart made an initial breakout above 10 day Simple Moving Average, an indication of a positive trend.

\\n

Examining the technical analysis landscape, Walmart might continue its downtrend in the short term.

\\n

Walmart's market cap currently stands at $399.97 billion the discount department and warehouse stores chain decreased by 0.83% this year. It has been beating the Dow Jones by 4.11%.

\\n

\\n
\\n

Walmart to stop cigarette sales in California, New Mexico and Floridahttps://t.co/88y4LdndxR

\\n

— TheStreet (@TheStreet) March 28, 2022

\\n

\\n

\\n\",\"\\n

Stable day for Procter & Gamble, trading at $152.93

\\n

(Last update 1:41pm EST, March 28, 2022)

\\n

\\n

Procter & Gamble is trading at $152.93 with no clear-cut direction, ranging between $153.82 and $152.63.

\\n

Procter & Gamble chart analysis: Procter & Gamble might start to recover soon because it is getting close to its support line— now only $1.17 away at $151.76. Dipping below could be an indication that further losses are ahead.

\\n

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

\\n

Procter & Gamble is currently trading with a market cap of $366.58 billion the consumer goods corporation decreased by 6.18% this year. So far, it has been under-performing the Dow Jones​ by 1.24%.

\\n\",\"\\n

Walt Disney descends to $137.27 (down 1.34%) after ending the last session at $139.14

\\n

(Last update 1:41pm EST, March 28, 2022)

\\n

\\n

The entertainment giant slides down from $139.14 to $137.27, losing $1.87 (1.34%).

\\n

Important graph levels to look out for: the nearest support level is at $129.03. Trend indicators show us that at $138.92, Walt Disney made an initial breakout below the 21 day Simple Moving Average, an indication of a negative trend.

\\n

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

\\n

Walt Disney's market cap is currently $249.92 billion the entertainment giant has gone down 11.24% this year (2022). So far, it has been under-performing the Dow​ by 6.3%.

\\n\",\"\\n

Steady Coca-Cola holds at $61.44

\\n

(Last update 1:41pm EST, March 28, 2022)

\\n

\\n

Coca-Cola is trading at $61.44 with no clear-cut direction, ranging between $61.78 and $61.23.

\\n

A chart visual study suggests Coca-Cola is climbing away and is now 93 cents from the $60.51 support line.

\\n

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

\\n

Coca-Cola's market cap currently stands at $266.37 billion the soft drinks giant gained 3.76% this year. So far, it has been better than the Dow Jones by 8.7%.

\\n\",\"\\n

Pfizer up 0.72%, trading around $53.16

\\n

(Last update 1:41pm EST, March 28, 2022)

\\n

\\n

Pfizer is on a bit of a rollercoaster today: spiking to $53.56 only to drop back to $52.78, now rallying again to $53.16.

\\n

Pfizer chart analysis: Pfizer's immediate resistance is around $53.18 and its nearest support level is at $45.75. In terms of trend indicators, we can see that at $53.09, Pfizer made an initial breakout above 10 day Simple Moving Average, an indication of a positive trend.

\\n

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

\\n

The company has a market cap of $300.24 billion the pharmaceuticals and biotechnology company has lost 6.83% this year. So far, it has been under-performing the Dow​ by 1.89%.

\\n\",\"\\n

McDonald's goes down to $240.4 (down 0.49%) after ending the last session at $241.58

\\n

(Last update 1:51pm EST, March 28, 2022)

\\n

\\n

The fast food company slides down from $241.58 to $240.4, losing $1.18 (0.49%).

\\n

Chart pattern study shows McDonald's's nearest support level is at $222.

\\n

The company has a market cap of $178.76 billion the fast food company has lost 10.05% this year. So far, it has been doing worse than the Dow by 5.11%.

\\n\",\"\\n

New 2 months high for Bitcoin at $47,700

\\n

(Last update 1:51pm EST, March 28, 2022)

\\n

\\n

While today ended at $46,827, today, Bitcoin rallied above $47,700 for the first time in 2 months and gained $714.03 — now trading at $47,541.

\\n

Chart pattern study shows Bitcoin's immediate resistance is around $48,100 and its nearest support level is at $44,300. Momentum evaluation shows that the Relative Strength Index shows Bitcoin has gone up above 70, going into overbought territory. Asset volatility analysis shows that a slight indication of a slowdown comes from looking at the Bollinger bands: the upper band is at $46,916 – a high enough level to usually suggest Bitcoin is trading above its value. On the other hand, note 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 like a reverse of course (in the short term) might be next for Bitcoin.

\\n

Bitcoin is currently trading with a market cap of 903.11 billion Bitcoin has lost 1.68% so far this year.

\\n

\\n
\\n

Grayscale Investments’ campaign to convert its almost $30 billion Bitcoin trust into an exchange-traded fund could end with legal action https://t.co/CTtruhnG4G

\\n

— Bloomberg Markets (@markets) March 28, 2022

\\n

\\n

\\n\",\"\\n

U.S. Gold is down by 0.85%, trading at $1,937.5 per ounce

\\n

(Last update 1:51pm EST, March 28, 2022)

\\n

\\n

CME Gold slides down from $1,954.2 to $1,937.5 per ounce today, losing $16.7 (0.85%).

\\n

As the day reaches an end a chart visual study suggests Gold's immediate support is around $1,932.6, its resistance level is at $2,058.3. In terms of trend indicators, we can see that at $1,953.5, U.S. Gold made an initial breakout below the 21 day Simple Moving Average, an indication of a negative trend.

\\n

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

\\n

CME Gold increased this year (2022), gaining 8.69%.

\\n

\\n
\\n

AMC Chief Executive Adam Aron said the movie-theater chain would embark on more ‘transformational’ deals to capitalize on the interest of retail investors following its bet on a troubled gold and silver mine operator https://t.co/QDeJASuITz pic.twitter.com/eJ6UbeCfli

\\n

— Reuters Business (@ReutersBiz) March 28, 2022

\\n

\\n

\\n\",\"\\n

CME Oil is down by 4.29%, trading at $108.04 per barrel

\\n

(Last update 1:51pm EST, March 28, 2022)

\\n

\\n

Chicago Oil slides down from $112.88 to $108.04 per barrel today, losing $4.84 (4.29%).

\\n

As the day reaches an end a chart visual study suggests CME Oil's nearest support level is at $95.18. Trend indicators show us that at $107.65, Crude oil made an initial breakout below the 21 day Simple Moving Average, an indication of a negative trend. Medium-term trend indication has 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. Despite this, "bullish harami”, whenever it appears on top of a bearish overall trend, some traders would consider this as an indication of a trend reversal.

\\n

In general, examining the technical analysis landscape, although indicators are mixed further drawbacks may be next for U.S. Oil.

\\n

CME Oil has increased 48% this year.

\\n

\\n
\\n

Exxon drilled a so-called dry hole off the Brazilian coast, a rare setback in the oil titan’s effort to expand its South American crude reserves https://t.co/ebdsdW6JjT

\\n

— Bloomberg (@business) March 28, 2022

\\n

\\n

\\n\",\"\\n

After five days of going down, the Euro is flat today, hovering around 1.0987.

\\n

(Last update 1:51pm EST, March 28, 2022)

\\n

\\n

After dipping down to 1.0945, Euro/Dollar regains earlier losses and goes up to 1.0987.

\\n

An analysis of the Euro's chart suggests the Euro could be slowing down soon; it is getting close to the resistance line and is now at 1.1071, only 83 pips away. Crossing the resistance line could, however, suggest that further gains are ahead. In terms of trend indicators, we can see that even though Euro/Dollar is up today, it is worth noting that earlier it dropped below 21 day Simple Moving Average and was trading at 1.098, a possible sign that a negative trend is ahead.

\\n

Overall, looking at the technical analysis landscape, it seems Euro/Dollar is likely to reverse course and start pointing down in the short term.

\\n

Euro/Dollar has lost 3.39% so far this year.

\\n\",\"\\n

The Pound is down 93 pips (0.71%), trading around 1.309

\\n

(Last update 2:11pm EST, March 28, 2022)

\\n

\\n

GBP/USD is dark red after losing 93 pips, tumbling down to 1.309.

\\n

Chart pattern study shows the British Pound might start to recover soon because it is getting close to its support line— now only 86 pips away at 1.3004. Dipping below could be an indication that further losses are ahead. Asset volatility analysis shows that Bollinger bands shows an indication of recovery: the lower band is at 1.3, a low enough level to, generally, suggest that the British Pound is trading below its value. On the other hand, note that at 1.3149, the British Pound made an initial breakout below the 21 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 Pound/Dollar might reverse course and start pointing upward in the short term.

\\n

The British Pound has lost 2.55% so far this year.

\\n\",\"\\n

Dollar/Yen retreats 154 pips from 6 years high

\\n

(Last update 2:11pm EST, March 28, 2022)

\\n

\\n

Dollar/Yen rallied to 125.11, hitting its highest point in 6 years. It later lost 154 pips and is now trading at 123.56.

\\n

Chart pattern study shows Dollar/Yen's nearest support level is at 114.73. In terms of trend indicators, we can see that the MACD line is significantly above the MACD signal line, 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. According to momentum evaluation, the Relative Strength Index indicates Dollar/Yen is in a strong overbought condition. Asset volatility analysis shows that Dollar/Yen's upper Bollinger band is at 124.03, this is a slight indication of a slowdown.

\\n

All in all, while Dollar/Yen has been going up, technical indicators suggest flatness for the immediate future.

\\n

Dollar/Yen increased this year (2022), gaining 6.19%.

\\n

\\n
\\n

ForexLive European FX news wrap: Yen collapses as BOJ tries to pin down yieldshttps://t.co/suTzYHIXYb

\\n

— ForexLive (@ForexLive) March 28, 2022

\\n

\\n

\\n\",\"\\n

Dollar/Swiss up 0.49%, trading at 0.9352

\\n

(Last update 2:11pm EST, March 28, 2022)

\\n

\\n

Dollar/Swiss started the day strong, gaining 45 pips and is now hovering at 0.9352 level.

\\n

A chart visual study suggests Dollar/Swiss could be slowing down soon; it is getting close to the resistance line and is now at 0.9415, only 62 pips away. Crossing the resistance line could, however, suggest that 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 0.9411 – a high enough level to usually suggest Dollar/Swiss is trading above its value. In contrast, at 0.9312, Dollar/Swiss made an initial breakout above 21 day Simple Moving Average, an indication of a positive trend.

\\n

Overall, looking at the technical analysis landscape, it seems like a reverse of course (in the short term) might be next for Dollar/Swiss.

\\n

Dollar/Swiss has gone up 2.15% this year.

\\n\",\"\\n

Aussie/Dollar erases today's gains, loses 48 pips, and is trading lower at 0.7491 after 4 months high

\\n

(Last update 2:11pm EST, March 28, 2022)

\\n

\\n

After hitting its highest point in 4 months at 0.754, the Australian dollar dropped by 48 pips and is now trading at 0.7491.

\\n

An analysis of the Australian dollar's chart suggests Aussie/Dollar's nearest support level is at 0.7372, followed by 0.7195 at the next level. In terms of trend indicators, we can see that at 0.75, the Australian dollar 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 Aussie/Dollar is likely to start pointing downward in the short term.

\\n

Aussie/Dollar has gone up 3.57% this year.

\\n\\n\"],\"title\":\"Financial Markets Review – 28 March 2022 – 14:11:26\",\"date\":\"2022-03-28T18:11:26\"}"; var omg_ads = JSON.parse(decodeHtml(omg_ads_string)); } catch (e) { var omg_ads = JSON.parse(omg_ads_string); }