\\n
\\n\",\"\\n(Last update 1:31am EST, March 5, 2021)
\\n\\nDow Jones yesterday at a glance – failed to recover all the way to 31,270 after dipping down to 30,548.
\\nA study of the Dow's chart pattern shows the nearest support level is at 29,983, while the closest resistance is at 31,962. In terms of trend indicators, we can see that at 30,934, the Dow made an initial breakout below the 50 day Simple Moving Average, an indication of a negative trend. 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. Asset volatility analysis shows that a slight indication of recovery comes from looking at the Bollinger bands: the lower band is at 30,900 – a low enough level to usually suggest the Dow is trading below its value.
\\nOverall, the technical analysis suggests Dow Jones is neutral for the immediate future, with no clear-cut direction.
\\nThe Dow Jones started 2021 by gaining 1.02%.
\\n\\n
\\n\\n\\n\\n\",\"\\nUS stocks tumbled Thursday after Federal Reserve Chairman Jerome Powell predicted an increase in consumer prices this summer.
\\nThe Dow finished down 1.1%, or 346 points, and the S&P 500 closed 1.3% lower. The Nasdaq fell even more sharply, tumbling 2.1%. https://t.co/R9QK2XljI9
\\n— CNN Business (@CNNBusiness) March 4, 2021
(Last update 1:31am EST, March 5, 2021)
\\n\\nS&P yesterday at a glance – failed to recover all the way to 3,819.72 after dipping down to 3,723.34.
\\nAn analysis of the S&P chart suggests the S&P might start to recover soon because it is getting closer and is now only 54.23 points from the support line at 3,714.24, Obviously, dipping below it could be an indication that further losses are ahead. In terms of trend indicators, we can see that at 3,818, S&P 500 made an initial breakout below the 50 day Simple Moving Average, an indication of a negative trend. 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. Asset volatility analysis shows that a slight indication of recovery comes from looking at the Bollinger bands: the lower band is at 3,777.41 – a low enough level to usually suggest S&P is trading below its value.
\\nOverall, the technical analysis picture suggests S&P is neutral for the immediate future, with no clear-cut direction.
\\nThe S&P 500 started 2021 by gaining 0.32%.
\\n\",\"\\n(Last update 1:31am EST, March 5, 2021)
\\n\\nApple yesterday at a glance – the mobile and tech colossus recovered some but not all the way back to $122.06 after dipping down to $118.62. Trading volume was 164.53 million, above the daily average of 107.74 million.
\\nThe Chart visual study suggests Apple's immediate support is around $117.97, resistance level is at $143.16. 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 Apple is in oversold condition, allowing more gains. Asset volatility analysis shows that a slight indication of recovery comes from looking at the Bollinger bands: the lower band is at $116.81 – a low enough level to usually suggest Apple is trading below its value.
\\nOverall, technical indicators suggest Apple has no obvious direction for the immediate future.
\\nWith a market cap of $2.02 trillion, The sleek phone manufacturer started in 2021 by losing 10.29%. So far this year it is under-performing the S&P by 10.61%.
\\n\\n
\\n\\n\\n\\n\",\"\\nEpic Games And Match Group Are Pushing States To Pass App Store Regulation That Would Hurt Apple And Google https://t.co/bOCUb1Ln0J pic.twitter.com/F1ZFpgWvGm
\\n— Forbes (@Forbes) March 5, 2021
(Last update 1:31am EST, March 5, 2021)
\\n\\nFacebook yesterday at a glance – after starting yesterday at $255.41 Facebook went up to $266.49 only to drop back to the half way point range, closing at $257.64. Trading volume was 31.63 million, above the daily average of 18.18 million.
\\nA study on Facebook's chart pattern shows the nearest resistance level is at $282.05. In terms of trend indicators, we can see that at $260.3, Facebook made an initial breakout above the 200 day Simple Moving Average, an indication of a positive trend. Asset volatility analysis shows that the lower Bollinger band is at $251.24, indicating further gains might be next. 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.
\\nOverall, looking at the technical analysis landscape, it seems Facebook might continue pointing upwards in the short term.
\\nWith a market cap of $733.67 billion, Mark Zuckerberg's company started 2021 by losing 6.08%. So far this year it is under-performing the S&P 500 by 6.4%.
\\n\\n
\\n\\n\\n\\n\",\"\\nFacebook will lift its temporary ban on political advertising in the U.S. on Thursday https://t.co/cxsA90yn5y pic.twitter.com/wAlnyiVx1u
\\n— Reuters (@Reuters) March 4, 2021
(Last update 1:31am EST, March 5, 2021)
\\n\\nAmazon yesterday at a glance – Jeff Bezos’s company recovered some but not all the way back to $3,005 after dipping down to $2,946. Trading volume was 5.48 million, above the daily average of 3.41 million.
\\nThe Chart pattern study shows Amazon's immediate support is around $2,929.62, resistance level is at $3,380. 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 Amazon is in oversold condition, allowing more gains. On the other hand, note that a slight indication of recovery comes from looking at the Bollinger bands: the lower band is at $2,946 – a low enough level to usually suggest Amazon 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 Amazon.
\\nwith a market cap of $1.50 trillion, Jeff Bezos’s company started in 2021 by losing 9.3%. So far this year it is under-performing the S&P 500 by 9.62%.
\\n\\n
\\n\\n\\n\\n\",\"\\nWhen the pandemic hit, Ministry of Supply, an office apparel start-up in Boston, saw its products become irrelevant overnight. The company, in a bid to survive, overhauled its merchandise, redid its website, closed its stores and started selling on Amazon. https://t.co/xksRLpLcmX
\\n— NYT Business (@nytimesbusiness) March 4, 2021
(Last update 1:57am EST, March 5, 2021)
\\n\\nMicrosoft yesterday at a glance – light red but with no clear-cut direction, the software giant closed the session at $226.73 after ranging between $232.49 and $224.26. Trading volume was 44.73 million, above the daily average of 32.23 million.
\\nAn analysis of Microsoft chart suggests Microsoft immediate support is around $223.16, resistance level is at $245. In terms of trend indicators, we can see that although down today, it's worth noting that at $229.59 Microsoft did peak above the 50 day Simple Moving Average earlier, usually an indication that a positive move is maybe ahead. 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 a slight indication of recovery comes from looking at the Bollinger bands: the lower band is at $223.77 – a low enough level to usually suggest Microsoft is trading below its value.
\\nOverall, the technical analysis suggests Microsoft is neutral for the immediate future, with no clear-cut direction.
\\nWith a market cap of $1.71 trillion, The iconic OS developer started in 2021 by gaining 1.89%. So far this year it is outperforming the Dow Jones by 0.87%.
\\n\",\"\\n(Last update 1:56am EST, March 5, 2021)
\\n\\nGoogle yesterday at a glance – after starting the day at $2,026.71 the leading search engine company went up to $2,089.24 only to drop back to the half way point range and is now trading at $2,049. Trading volume was 2.12 million, above the daily average of 1.58 million.
\\nIn terms of trend indicators, we can see that at $2,075.31, Google 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 $2,013.65, indicating further gains might be next. On the other hand, note that although Google is green today and was as high as $2,089.24, it seems to be slowing down slightly and moving away from the $2,128.31 resistance line, and is now $79.22 below it.
\\nOverall, looking at the technical analysis landscape, it seems Google is likely to continue pointing upward in the short term.
\\nWith a market cap of $1.38 trillion, The leading search engine company started 2021 by gaining 14.66%. So far this year it is outperforming the S&P 500 by 14.34%.
\\n\\n
\\n\\n\\n\\n\",\"\\nEpic Games And Match Group Are Pushing States To Pass App Store Regulation That Would Hurt Apple And Google https://t.co/bOCUb1Ln0J pic.twitter.com/F1ZFpgWvGm
\\n— Forbes (@Forbes) March 5, 2021
(Last update 1:56am EST, March 5, 2021)
\\n\\nTesla yesterday at a glance – the trendy electric car company recovered some but not all the way back to $653.2 after dipping down to $600. Trading volume was 64.57 million, above the daily average of 38.57 million.
\\nThe Chart pattern study shows Tesla's immediate support is around $523, resistance level is at $793.53. 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 Tesla is in oversold condition, allowing more gains. However, a slight indication of recovery comes from looking at the Bollinger bands: the lower band is at $597.92 – a low enough level to usually suggest Tesla 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 Tesla.
\\nwith a market cap of $596.49 billion, The trendy electric car company started in 2021 by losing 12.89%. So far this year it is under-performing the Nasdaq by 11.62%.
\\n\\n
\\n\\n\\n\\n\",\"\\nFor Tesla to succeed in Europe, Elon Musk needs to crack its $360 billion corporate car market https://t.co/OBAB3qN16e
\\n— Businessweek (@BW) March 5, 2021
(Last update 1:56am EST, March 5, 2021)
\\n\\nZoom yesterday at a glance – Zoom closed at $343.09 with no clear-cut direction and ranged between $358.3 and $333. Trading volume was 10.33 million, above the daily average of 7.88 million.
\\nMonday, Zoom released its quarterly earnings, beating analysts' estimates. The company reported earnings of 1.22 per share on revenue of $882.49 million, topping estimates of 0.7913 per share on revenue of $811.68 million. Since the release of its earnings report, Zoom lost 8.17%.
\\nA study of Zoom's graph shows key levels to watch: Zoom's resistance level is at $444.51. 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. On the other hand, note that the lower Bollinger band is at $325.69, indicating a positive move might be next.
\\nOverall, looking at the technical analysis landscape, it seems Zoom might be pointing down in the short term.
\\nWith a market cap of $100.14 billion, The video communications platform provider started in 2021 by gaining 1.69%. So far this year it is outperforming the Nasdaq by 2.96%.
\\n\",\"\\n(Last update 1:56am EST, March 5, 2021)
\\n\\nNetflix yesterday at a glance – the streaming company recovered some but not all the way back to $520.7 after dipping down to $507.71. Trading volume was 4.88 million, above the daily average of 3.78 million.
\\nVisual analysis of Netflix's price graph shows Netflix's immediate support is around $502.18, resistance level is at $586.34. 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 Netflix is in oversold condition, allowing more gains. On the other hand, note that a slight indication of recovery comes from looking at the Bollinger bands: the lower band is at $507.15 – a low enough level to usually suggest Netflix 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 Netflix.
\\nwith a market cap of $222.36 billion, The streaming company started in 2021 by losing 5.65%. So far this year it is under-performing the S&P by 5.97%.
\\n\\n
\\n\\n\\n\\n\",\"\\nNetflix is pushing deeper into short video clips that viewers watch on their phones, putting the streaming giant in closer competition with the likes of TikTok https://t.co/ayzblocbj8
\\n— Businessweek (@BW) March 4, 2021
(Last update 1:21am EST, March 5, 2021)
\\n\\nWalmart yesterday at a glance – Walmart closed at $127.53 with no clear-cut direction and ranged between $129.58 and $126.28. Trading volume was 15.12 million, above the daily average of 12.41 million.
\\nAn analysis of Walmart chart suggests Walmart's resistance level is at $139.27. Momentum evaluation shows The Relative Strength Index indicates Walmart is in strong oversold condition.
\\nOverall, looking at the technical analysis landscape, it seems Walmart is likely to start pointing downward in the short term.
\\nWith a market cap of $360.82 billion, The warehouse store chain company started in 2021 by losing 13.03%. So far this year it is under-performing the Dow by 14.04%.
\\n\\n
\\n\\n\\n\\n\",\"\\nWalmart gets behind U.S. manufacturing with a 10-year, $350 billion investment https://t.co/yZx74O0Uu9 pic.twitter.com/OfVpxy8mR9
\\n— Forbes (@Forbes) March 4, 2021
(Last update 1:21am EST, March 5, 2021)
\\n\\nHaving started at $123.16 the consumer goods corporation dropped to $121.54, hitting its lowest point in 8 months and a half, but it recovered 60 cents and is now trading at $122.15
\\nA study of Procter & Gamble's graph shows key levels to watch: Procter & Gamble's immediate support is around $120.87, resistance level is at $128.21. In terms of trend indicators, we can see that although down today, it's worth noting that at $124.29 Procter & Gamble did peak above the 5 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 $120.86 – a low enough level to usually suggest Procter & Gamble is trading below its value. On the other hand, note that the Relative Strength Index indicates Procter & Gamble 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 Procter & Gamble might reverse course and start pointing upward in the short term.
\\nWith a market cap of $300.79 billion, The consumer goods corporation started 2021 by losing 13.8%. So far this year it is under-performing the Dow by 14.81%.
\\n\",\"\\n(Last update 1:21am EST, March 5, 2021)
\\n\\nWalt Disney yesterday at a glance – the entertainment giant closed at $188.03 after starting the session at $192.26 and dropping early to $184.12, Walt Disney lost 2.2% of its value. Trading volume was 11.30 million, below the daily average of 13.47 million.
\\nAn analysis of the Walt Disney chart suggests the nearest support level is at $163.03, while the closest resistance is at $197.51. In terms of trend indicators, we can see that at $188, Walt Disney 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.
\\nOverall, looking at the technical analysis landscape, it seems Walt Disney is likely to continue pointing down in the short term.
\\nWith a market cap of $341.32 billion, The entertainment and content production company started in 2021 by gaining 3.56%. So far this year it is outperforming the Dow by 2.55%.
\\n\",\"\\n(Last update 1:21am EST, March 5, 2021)
\\n\\nCoca-Cola yesterday at a glance – Coca-Cola closed at $49.94 with no clear-cut direction and ranged between $51.09 and $49.62. Trading volume was 22.04 million, above the daily average of 16.19 million.
\\nImportant graph levels to look out for: Coca-Cola's nearest support level is at $48.15. In terms of trend indicators, we can see that at $50.48, Coca-Cola made an initial breakout above the 50 day Simple Moving Average, an indication of a positive trend. Asset volatility analysis shows that the lower Bollinger band is at $49.2, indicating a positive move might be next.
\\nOverall, looking at the technical analysis landscape, it seems Coca-Cola might start pointing upward in the short term.
\\nWith a market cap of $215.21 billion, The soft drinks giant started in 2021 by losing 9.8%. So far this year it is under-performing the Dow by 10.81%.
\\n\",\"\\n(Last update 1:21am EST, March 5, 2021)
\\n\\nPfizer yesterday at a glance – light red but with no clear-cut direction, the pharmaceuticals and biotechnology company closed the session at $34.2 after ranging between $35.09 and $33.84. Trading volume was 44.38 million, above the daily average of 35.51 million.
\\nIn terms of trend indicators, we can see that at $34.42, Pfizer made an initial breakout below the 21 day Simple Moving Average, an indication of a negative trend. Asset volatility analysis shows that the upper Bollinger band is at $34.62, indicating a further downward move might be next. 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. However, Pfizer might start to recover soon because it is getting closer and is now only 70 cents from the support line at $33.49, obviously dipping below it could be an indication that further losses are ahead. 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 Pfizer.
\\nwith a market cap of $190.75 billion, The pharmaceuticals and biotechnology company started 2021 by losing 7.59%. So far this year it is under-performing the Dow by 8.6%.
\\n\\n
\\n\\n\\n\\n\",\"\\nPfizer deserves every bit of the credit it’s receiving. But should a drug company decide who gets a vaccine? https://t.co/b02uGKGnGB via @BW
\\n— Bloomberg (@business) March 5, 2021
(Last update 1:26am EST, March 5, 2021)
\\n\\nMcDonald's yesterday at a glance – light red but with no clear-cut direction, the fast food company closed the session at $204.84 after ranging between $207.49 and $202.75. Trading volume was 3.93 million, above the daily average of 3.09 million.
\\nAn analysis of McDonald's chart suggests McDonald'ss immediate support is around $202.56, resistance level is at $208.5. 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 $204.23 – a low enough level to usually suggest McDonald's is trading below its value.
\\nOverall, technical indicators suggest McDonald's has no obvious direction for the immediate future.
\\nWith a market cap of $152.72 billion, The fast food giant started 2021 by losing 4.73%. So far this year it is under-performing the Dow by 5.75%.
\\n\",\"\\n(Last update 1:26am EST, March 5, 2021)
\\n\\nCurrently light green but with no clear-cut direction, Bitcoin is trading at $47,284 after ranging today between $48,078 and $46,543.
\\nA study of Bitcoin's graph shows key levels to watch: nearest resistance level is at $57,540.
\\nWith a market cap of 881.61 billion, Bitcoin started in 2021 by gaining 40.67%.
\\n\\n
\\n\\n\\n\\n\",\"\\nTesla Should Sell Its Bitcoin and Buy Back Shares To Create 'Positive Momentum,' Says Analyst $TSLA $BTChttps://t.co/xnxTIDZ46p
\\n— Benzinga (@Benzinga) March 5, 2021
(Last update 1:26am EST, March 5, 2021)
\\n\\nAfter opening at $1,700.7, Gold dropped to its lowest point in 9 months at 1,683. It later recovered $13.3 and closed at $1,696.3.
\\nAn analysis of the Gold chart suggests Gold's immediate support is around $1,694.47, resistance level is at $1,806.7. 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 Gold is in oversold condition, allowing more gains. However, a slight indication of recovery comes from looking at the Bollinger bands: the lower band is at $1,687.27 – a low enough level to usually suggest Gold 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 Gold.
\\nGold started 2021 by losing 11.34%.
\\n\\n
\\n\\n\\n\\n\",\"\\nIndian gold buyers sidelined for most of the past year due to surging costs are now snapping up bullion as a drop in prices unleashes pent up demand https://t.co/a9XAsvLTbH
\\n— Bloomberg (@business) March 5, 2021
(Last update 1:26am EST, March 5, 2021)
\\n\\nHesitant but green: from an earlier low of $63.82, Crude is up to $64.62 gaining 79 cents compared to the $63.83 start of the day (1.24%).
\\nAn analysis of the oil chart suggests crude oil immediate resistance is around $65.62, nearest support level is at $63.53. 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 a slight indication of a slowdown comes from looking at the Bollinger bands: the upper band is at $64.38 – a high enough level to usually suggest crude oil is trading above its value.
\\nOverall, technical indicators suggest crude oil has no obvious direction for the immediate future.
\\nOil started in 2021 by gaining 24%.
\\n\\n
\\n\\n\\n\\n\",\"\\nOil prices surge as OPEC+ extends output cuts into April https://t.co/mtduz68Byr pic.twitter.com/XSj8qp3ptx
\\n— Reuters (@Reuters) March 5, 2021
(Last update 1:26am EST, March 5, 2021)
\\n\\nAfter starting the day at 1.1979, EUR/USD dropped to 1.1956, hitting its lowest point in 3 months.
\\nThe Chart visual study suggests the Euro/Dollar nearest support level is at 1.1957, followed by 1.1944 at the next level. 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 1.1974 – a low enough level to usually suggest the Euro/Dollar is trading below its value.
\\nOverall, technical indicators suggest the Euro/Dollar has no obvious direction for the immediate future.
\\nThe Euro/Dollar started 2021 by losing 1.31%.
\\n\\n
\\n\\n\\n\\n\",\"\\nEUR/USD has continued its Powell puke in Asia, albeit slowly https://t.co/jGbI3SU9Xg
\\n— ForexLive (@ForexLive) March 5, 2021
(Last update 2:11am EST, March 5, 2021)
\\n\\nCurrently light red but with no clear-cut direction, GBP/USD trading at 1.388 after ranging today between 1.3906 and 1.3865.
\\nA study of the Pound/Dollar's graph shows key levels to watch: The Pound's immediate support is around 1.3872, resistance level is at 1.4138. Momentum evaluation shows The Relative Strength Index indicates the British Pound is in oversold condition, allowing more gains. Asset volatility analysis shows that a slight indication of recovery comes from looking at the Bollinger bands: the lower band is at 1.3824 – a low enough level to usually suggest the Pound is trading below its value.
\\nOverall, the technical analysis suggests the Pound/Dollar is neutral for the immediate future, with no clear-cut direction.
\\nThe Pound started in 2021 by gaining 2.08%.
\\n\\n
\\n\\n\\n\\n\",\"\\nUK Regulator Issues Statement On Cessation Of Libor Benchmarks
\\n
FCA Announcement On Future Cessation And Loss Of Representativeness Of The Libor Benchmarks— LiveSquawk (@LiveSquawk) March 5, 2021
(Last update 2:12am EST, March 5, 2021)
\\n\\nStarting the session at 107.98, USD/JPY rallied above 108.35 for the first time in 8 months, gaining 29 pips, and is now trading at 108.27.
\\nThe Chart visual study suggests the Dollar/Yen nearest support level is at 104.55. 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. Momentum evaluation shows The Relative Strength Index indicates the Yen is in strong overbought condition. In contrast, the upper Bollinger band is at 108.23, This is a slight indication of a slowdown.
\\nOverall, looking at the technical analysis landscape, it seems the Dollar/Yen likely to continue pointing upward in the short term.
\\nThe Dollar/Yen started 2021 by gaining 3.49%.
\\n\\n
\\n\\n\\n\\n\",\"\\nJapan's tsunami survivors call lost loves on the phone of the wind https://t.co/YJ4F2cC3aW pic.twitter.com/fIcLCnEgtu
\\n— Reuters (@Reuters) March 5, 2021
(Last update 2:12am EST, March 5, 2021)
\\n\\nA mostly flat day so far for USD/CHF ranging between 0.93 and 0.9279 and is now at 0.9297.
\\nImportant graph levels to look out for: Dollar/Swiss nearest support level is at 0.87. 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. Momentum evaluation shows the Relative Strength Index indicates Dollar/Swiss is in overbought condition, keep an eye out for a slowdown of gains. However, the upper Bollinger band is at 0.9373, indicating a downward move might be next.
\\nOverall, looking at the technical analysis landscape, it seems Dollar/Swiss might be pointing upward in the short term.
\\nDollar/Swiss started in 2021 by gaining 3.74%.
\\n\",\"\\n(Last update 2:12am EST, March 5, 2021)
\\n\\nAUD/USD recovered back to 0.7713 after dipping down to 0.7689 in a session that started at 0.772.
\\nImportant graph levels to look out for: Aussie/Dollar nearest support level is at 0.76. Asset volatility analysis shows that the lower Bollinger band is at 0.764, indicating a positive move might be next.
\\nOverall, looking at the technical analysis landscape, it seems the Australian dollar might start pointing upward in the short term.
\\nThe Aussie/Dollar started 2021 by gaining 1.05%.
\\n\\n
\\n\\n\\n\\n\\n\"],\"title\":\"Financial Markets Review – 5 March 2021 – 02:12:06\",\"date\":\"2021-03-05T07:12:06\"}"; var omg_ads = JSON.parse(decodeHtml(omg_ads_string)); } catch (e) { var omg_ads = JSON.parse(omg_ads_string); }A shipment of more than a quarter million AstraZeneca vaccines destined for Australia has been blocked from leaving the European Union. https://t.co/UymQtYDtrh
\\n— The Associated Press (@AP) March 5, 2021