\\n

\\n\",\"\\n

Amazon dropped by 2.55% and closed the session at $3,281

\\n

(Last update 9:51pm EST, April 5, 2022)

\\n

\\n

A quick look at yesterday: the tech and retail multifaceted giant remained in the $3,281 range, after closing Monday at $3,367 and dropping by 2.55% yesterday. The trading volume was 2.69 million — below the daily average of 3.51 million.

\\n

Important graph levels to look out for: Amazon's nearest support level is at $2,720.29. In terms of trend indicators, we can see that 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.

\\n

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

\\n

Amazon's market cap is currently $1.67 trillion the tech and retail multifaceted giant has hit is lowest yearly rate ($2,720.29) 29 days ago, since then it has recovered 23.77%. The Nasdaq has been doing worse in 2022, it has been passing it by 7.3%.

\\n

\\n
\\n

Amazon just announced the largest commercial deal for rocket launches ever. 🚀 Amazon's Dave Limp joins @MorganLBrennan to discuss. https://t.co/Ar9LK0g7jt pic.twitter.com/T79zuMouJP

\\n

— CNBC (@CNBC) April 6, 2022

\\n

\\n

\\n\",\"\\n

Microsoft closed at $310.88 after losing 1.3% yesterday

\\n

(Last update 9:41pm EST, April 5, 2022)

\\n

\\n

Yesterday at a glance: the iconic OS developer dropped 1.3% early on and stayed at the $310.88 range. The trading volume was 22.98 million which was slightly under the daily average of 30.50 million.

\\n

Chart pattern study shows the nearest support level is at $275.85. 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.

\\n

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

\\n

The company's market cap is $2.33 trillion the software giant has lost 7.44% over the last 2 months. The Nasdaq has been doing worse in 2022, it has been passing it by 3.77%.

\\n

\\n
\\n

The pandemic helped revive PC sales. Now Microsoft is hoping the partial return to offices will drive Windows upgrades. https://t.co/Fgpx0LSliI

\\n

— Bloomberg (@business) April 5, 2022

\\n

\\n

\\n\",\"\\n

Google dropped by 1.8% and closed the session at $2,821.26

\\n

(Last update 9:41pm EST, April 5, 2022)

\\n

\\n

Yesterday at a glance: the leading search engine company remained in the $2,821.26 range after closing Monday at $2,873 and dropping 1.8% as it reached the end yesterday's session. The trading volume was 962,778 — below the daily average of 1.33 million.

\\n

Important graph levels to look out for: the nearest support level is at $2,529.29.

\\n

Google has a market cap of $1.86 trillion the search engine giant is now trading 29.13% above its yearly low ($2,871.8) that it has slumped into a year ago. So far in 2022, it has been outperforming the Nasdaq by 8.25%.

\\n

\\n
\\n

Google has confirmed another highly dangerous hack of Chrome, its third in 10 days. Here is everything you need to know: https://t.co/gLUbw8jgdY

\\n

— Forbes (@Forbes) April 6, 2022

\\n

\\n

\\n\",\"\\n

Tesla lost 4.73% yesterday, closed at $1,091.26

\\n

(Last update 9:41pm EST, April 5, 2022)

\\n

\\n

Yesterday at a glance: Tesla shed 4.73%, falling to $1,091.26. The trading volume was 26 million; higher than the daily average of 25.19 million.

\\n

Chart pattern study shows Tesla's nearest support level is at $879.89, followed by $764.04 at the next level.

\\n

The company has a market cap of $1.13 trillion the trendy electric cars company is now trading 103.29% above its yearly low ($1,153) that it has slumped into 10 months ago. The Nasdaq has been doing worse in 2022, it has been passing it by 2.07%.

\\n\",\"\\n

Zoom closed at $122 after losing 1.82% yesterday

\\n

(Last update 9:41pm EST, April 5, 2022)

\\n

\\n

A quick look at yesterday: the video communications platform provider remained in the $122 range after closing Monday at $124.28 and dropping 1.82% as it reached the end yesterday's session. The trading volume was 4.91 million which was slightly under the daily average of 5 million.

\\n

Zoom chart analysis: Zoom's nearest support level is at $94.64. Japanese Candlestick formations detected today show that "bearish harami”, whenever it appears on top of a bullish overall trend, some traders would consider this as an indication of a trend reversal.

\\n

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

\\n

The company has a market cap of $36.50 billion the video communications platform provider is now trading 31.32% above its yearly low ($126.44) that it has slumped into 23 days ago. So far in 2022, it has been doing worse than the Nasdaq by 23.56%.

\\n\",\"\\n

Netflix lost 2.9% yesterday, closed at $380.15

\\n

(Last update 9:41pm EST, April 5, 2022)

\\n

\\n

Yesterday at a glance: the streaming company dropped 2.9% early on and stayed at the $380.15 range. The trading volume was 4.23 million — below the daily average of 5.21 million.

\\n

Chart pattern study shows the nearest support level is at $331.

\\n

Netflix's market cap currently stands at $168.77 billion hitting its yearly low ($331) 23 days ago, the streaming heavyweight has bounced back 18.27% since. So far in 2022, it has been under-performing the Nasdaq by 25.17%.

\\n\",\"\\n

Walmart up four days in a row, gaining 0.28% and closing at $151.47

\\n

(Last update 9:41pm EST, April 5, 2022)

\\n

\\n

Yesterday at a glance: the discount department and warehouse stores chain went up to $151.47, gaining 0.28%. The trading volume was 6.16 million — slightly under the daily average of 7 million.

\\n

A chart visual study suggests Walmart's immediate resistance is around $152.91 and its nearest support level is at $145.78. 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. According to momentum evaluation, the Relative Strength Index indicates Walmart is in an overbought condition, keep an eye out for slowdown of gains. In contrast, a slight indication of a slowdown comes from looking at the Bollinger bands: the upper band is at $152.63 – a high enough level to usually suggest Walmart is trading above its value.

\\n

According to technical analysis, it looks as if Walmart likely to continue pointing upward in the short term.

\\n

Walmart is currently trading with a market cap of $416.81 billion the warehouse stores chain company is now trading 13.11% above its yearly low ($153.33) that it has slumped into a month ago. So far in 2022 it has been beating the Dow by 9.97%.

\\n\",\"\\n

Yesterday Procter & Gamble increased by 0.35%, ended the session at $154.62

\\n

(Last update 9:41pm EST, April 5, 2022)

\\n

\\n

A quick look at yesterday: after closing Monday at $154.08, Procter & Gamble closed at $154.62 yesterday after climbing to $157.37 and dropping back down. Procter & Gamble passed the daily average (6.72 million) with a volume of 7.63 million.

\\n

Procter & Gamble's graph levels to watch: Procter & Gamble's nearest resistance level is at $156.81, followed by $159 at the next level. 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.

\\n

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

\\n

Procter & Gamble's market cap currently stands at $370.63 billion the consumer goods corporation is now trading 6.17% below its yearly high ($164.21) that it held 2 months ago. The Dow has been doing worse in 2022, it has been passing it by 0.75%.

\\n\",\"\\n

Walt Disney lost 2.14% yesterday, closed at $135.62

\\n

(Last update 9:41pm EST, April 5, 2022)

\\n

\\n

A quick look at yesterday: Walt Disney shed 2.14%, falling to $135.62. The trading volume was 8.56 million — slightly below the daily average of 9.33 million.

\\n

A chart visual study suggests the nearest support level is at $129.03. In terms of trend indicators, we can see that 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.

\\n

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

\\n

The company has a market cap of $246.91 billion the entertainment giant is now trading 7.4% above its yearly low ($139.2) that it has slumped into 23 days ago. So far in 2022, it has been doing worse than the Dow Jones by 6.91%.

\\n\",\"\\n

Coca-Cola hits new all-time high at $63.23

\\n

(Last update 9:41pm EST, April 5, 2022)

\\n

\\n

Coca-Cola retained a record high value of $63.23, then dropped 76.5 cents and closed at yesterday. This comes following 's session in which it closed at $62.54.

\\n

A study of Coca-Cola's chart pattern shows Coca-Cola's nearest support level is at $57.88.

\\n

The company has a market cap of $270.81 billion the soft drinks giant is now trading 19.58% above its yearly low ($63.23) that it has slumped into 4 months ago. So far in 2022, it has been outperforming the Dow Jones by 11.62%.

\\n\",\"\\n

Yesterday Pfizer went up and closed at $51.24

\\n

(Last update 9:41pm EST, April 5, 2022)

\\n

\\n

Yesterday at a glance: the pharmaceuticals and biotechnology company went up to $51.24, gaining 0.59%. The trading volume was 21 million which was slightly below the daily average of 28.45 million.

\\n

Pfizer chart analysis: the nearest resistance level is at $52, followed by $52.79 at the next level.

\\n

The company has a market cap of $289.39 billion the pharmaceuticals and biotechnology company is now trading 16.83% below its yearly high ($61.25) that it held 3 months ago. So far in 2022, it has been doing worse than the Dow Jones by 3.5%.

\\n\",\"\\n

Yesterday McDonald's went up and closed at $248.51

\\n

(Last update 9:41pm EST, April 5, 2022)

\\n

\\n

Yesterday at a glance: the fast food giant went up to $248.51, gaining 0.68%. The trading volume was slightly under the latest 21 day average volume at 2.52 million (71.59% of average).

\\n

Important graph levels to look out for: McDonald's's immediate resistance is around $250.28 and its nearest support level is at $222.

\\n

The company's market cap is $184.79 billion the fast food company is up 11.18% on its yearly low ($222) that i hit 27 days ago. So far in 2022, it has been doing worse than the Dow by 1.69%.

\\n\",\"\\n

Bitcoin ended the previous session at $45,500, currently trades at $45,200

\\n

(Last update 9:41pm EST, April 5, 2022)

\\n

\\n

Bitcoin recovering almost all the way back to $45,500 today, after dipping down to $44,749.

\\n

As the day gets underway a chart visual study suggests Bitcoin might start to recover soon because it is getting close to its support line— now only $896.6 away at $44,300. Dipping below could be an indication that further losses are ahead. Trend indicators show us that 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.

\\n

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

\\n

Bitcoin has a market cap of 859 billion Bitcoin is now trading 32.69% below its yearly high ($67,600) that it held 4 months ago.

\\n\",\"\\n

U.S. Gold holds at $1,927.3 per ounce

\\n

(Last update 9:41pm EST, April 5, 2022)

\\n

\\n

Gold is trading at $1,927.3 per ounce with no clear-cut direction, ranging between $1,928.8 and $1,919.5.

\\n

As the day gets underway a chart visual study suggests Gold's resistance level is at $2,058.3. Analysis based on the asset volatility indicates that CME Gold's lower Bollinger band is at $1,896.38, indicating a positive move might be next.

\\n

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

\\n

U.S. Gold is now trading 6.35% below its yearly high ($2,058.3) that it held 29 days ago.

\\n

\\n
\\n

Lithium is the "white gold" of electric vehicles — but the U.S. has a lithium supply problem. Watch the full video to learn how the U.S. fell far behind: https://t.co/OugS9EOMX2 pic.twitter.com/OcqxbmdHk3

\\n

— CNBC (@CNBC) April 6, 2022

\\n

\\n

\\n\",\"\\n

Crude oil ascends to $102.27 per barrel after closing the previous session at $101.88 (up 0.37% today)

\\n

(Last update 9:41pm EST, April 5, 2022)

\\n

\\n

Currently light green but with no clear-cut direction, Oil is trading at $102.27 per barrel after ranging between $102.41 and $101.04 today.

\\n

As the day gets underway a chart visual study suggests the nearest resistance level is at $124.77. Trend indicators show us that even though CME Oil is up today, it is worth noting that earlier it dropped below 3 day Simple Moving Average and was trading at $101.42, a possible sign that a negative trend is ahead.

\\n

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

\\n

CME Oil is now trading 18.34% below its yearly high ($124.77) that it held 29 days ago.

\\n

\\n
\\n

"We need to stop buying all Russian oil and gas. The Biden administration, to its credit, already has a domestic embargo on Russian oil, but that is just a drop in the bucket. Russia is still selling 5 million barrels of crude oil a day," says @edwardfishman. pic.twitter.com/lQvJgZy6of

\\n

— The News with Shepard Smith (@thenewsoncnbc) April 5, 2022

\\n

\\n

\\n\",\"\\n

After five days of going down, Euro/Dollar is stable today, trading around 1.0895

\\n

(Last update 9:41pm EST, April 5, 2022)

\\n

\\n

Euro/Dollar falls to 1.0895, following mixed behavior today as it ranges between 1.0891 and 1.0909.

\\n

As the day gets underway a chart visual study suggests Euro/Dollar might start to recover soon because it is getting close to its support line— now only 48 pips away at 1.0847. Dipping below could be an indication that further losses are ahead. Analysis based on the asset volatility indicates that Bollinger bands shows an indication of recovery: the lower band is at 1.09, a low enough level to, generally, suggest that Euro/Dollar is trading below its value. In contrast, 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.

\\n

Technical analysis indicates that Euro/Dollar's current downtrend might soon change course and start climbing up in the short term.

\\n

The year 2022 has not been the best for the Euro, it lost 4.07% of its value.

\\n\",\"\\n

The British Pound slides down to 1.3066 (down 13 pips) after ending the previous session at 1.3079.

\\n

(Last update 10:11pm EST, April 5, 2022)

\\n

\\n

GBP/USD weakened earlier in the day, before moving off the 1.3057 low and recovering almost back to 1.3066.

\\n

As the day gets underway a chart visual study suggests the Pound might start to recover soon because it is getting close to its support line— now only 62 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 1.3048, a low enough level to, generally, suggest that the Pound is trading below its value. In contrast, 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.

\\n

Technical analysis indicates that the Pound's current downtrend might soon change course and start climbing up in the short term.

\\n

Pound/Dollar has lost 3.51% over the last 2 months.

\\n\",\"\\n

Dollar/Yen is growing its six-day winning streak and is trading at 123.96, gaining 36 pips.

\\n

(Last update 10:11pm EST, April 5, 2022)

\\n

\\n

Dollar/Yen trades at 123.96 after gaining 36 pips (0.3%).

\\n

As the day gets underway a chart visual study suggests Dollar/Yen broke through the 123.88 resistance, climbing 7 pips above it. 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. According to momentum evaluation, the Relative Strength Index indicates Dollar/Yen is in an overbought condition, keep an eye out for slowdown of gains. On the other hand, note that a slight indication of a slowdown comes from looking at the Bollinger bands: the upper band is at 124.95 – a high enough level to usually suggest Dollar/Yen is trading above its value.

\\n

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

\\n

Dollar/Yen gained 7.47% so far this year (2022).

\\n

\\n
\\n

The invasion of Ukraine has caused many in Japan to reexamine the need for a stronger military defense https://t.co/yONvT72b0E

\\n

— Bloomberg (@business) April 6, 2022

\\n

\\n

\\n\",\"\\n

Dollar/Swiss gains some positive traction for its 4th successive day.

\\n

(Last update 10:11pm EST, April 5, 2022)

\\n

\\n

Small gain for Dollar/Swiss at 0.9307 after ranging between 0.9291 and 0.9313 today.

\\n

As the day gets underway a chart visual study suggests although Dollar/Swiss is green today and was as high as 0.9313, it seems to be slowing down slightly and moving away from the 0.9415 resistance line, and is now 107 pips below it. Analysis based on the asset volatility indicates that Dollar/Swiss's upper Bollinger band is at 0.9386, this is a slight indication of a slowdown.

\\n

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

\\n

22 days ago Dollar/Swiss has hit its yearly high point of 0.9415, since than it lost 1.27%.

\\n\",\"\\n

The Australian dollar erases today's gains, loses 25 pips, and is trading lower at 0.7568 after 9 months high

\\n

(Last update 10:11pm EST, April 5, 2022)

\\n

\\n

After hitting its highest point in 9 months at 0.7593, Aussie/Dollar dropped by 25 pips and is now trading at 0.7568.

\\n

As the day gets underway a chart visual study suggests Aussie/Dollar's nearest support level is at 0.7372, followed by 0.7195 at the next level. 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. Asset volatility analysis shows that Aussie/Dollar's upper Bollinger band at 0.7612, indicating a further downward move might be next.

\\n

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

\\n

Aussie/Dollar is now trading 8.77% above its yearly low (0.7593) that it has slumped into 2 months ago.

\\n\\n\"],\"title\":\"Financial Markets Review – 5 April 2022 – 22:11:23\",\"date\":\"2022-04-06T02:11:23\"}"; var omg_ads = JSON.parse(decodeHtml(omg_ads_string)); } catch (e) { var omg_ads = JSON.parse(omg_ads_string); }