\\n
The Nasdaq went higher as Congressional leaders attached 900 billion in pandemic aid to a 1.4 trillion measure to fund the government through September 30, While president Donald Trump is expected to sign it into law in the coming days, he suggested he may not sign the relief bill, urging lawmakers to make a number of changes, including larger direct payments to individuals and families.
\\nThe Relative Strength Index indicates the Nasdaq is in overbought condition. The upper Bollinger band is at 12,938.25, indicating a negative correction might be next. Overall, technical indicators suggest the Nasdaq has no obvious direction for the immediate future.
\\nA look at other markets shows behavior that usually indicates a green move for Nasdaq, as The Shanghai Composite Index is trading at 3,396.56 after gaining 1%. Apple is trading at 131.97 after gaining 0.77%.
\\nThe market is looking forward to United States CFTC Crude Oil speculative net positions scheduled for tomorrow at 8:30 PM. United States CFTC Gold speculative net positions are scheduled to come out tomorrow at 8:30 PM. United States CFTC Nasdaq 100 speculative net positions are expected tomorrow at 8:30 PM.
\\nThe Nasdaq social media highlights:
\\n\\n\\n\\n\\n\",\"\\nDespite the initial hurdles of 2020, these 17 leaders have emerged stronger, tapping into projects and pivots that would never have been possible in a normal year.
\\nLearn more from @Nasdaq and @geschehaas: https://t.co/zcKlA5ldRo pic.twitter.com/YIfQYoTUvP
\\n— Nasdaq (@Nasdaq) December 27, 2020
(Last update 7:01pm EST, December 27, 2020)
\\n\\nThe upper Bollinger band is at 30,391.62, indicating a negative correction might be next.
\\nOverall, looking at the technical analysis landscape, it seems a reverse of course in the short term might be next for Dow
\\n\",\"\\n(Last update 7:01pm EST, December 27, 2020)
\\n\\nThe upper Bollinger band is at 3,730.58, indicating a negative correction might be next.
\\nOverall, looking at the technical analysis landscape, it seems a reverse of course in the short term might be next for the S&P 500.
\\n\",\"\\n(Last update 7:01pm EST, December 27, 2020)
\\n\\nTrading volume was 54.93 million, below its daily average of 103.55 million.
\\nThe upper Bollinger band is at 133.45, indicating a negative correction might be next.
\\nOverall, looking at the technical analysis landscape, it seems a reverse of course in the short term might be next for Apple.
\\n\\n
\\n\\n\\n\\n\",\"\\nWATCH: Apple is moving forward with self-driving car technology and is targeting 2024 to produce a passenger vehicle that could include its own breakthrough battery technology https://t.co/P684Xtvc82 pic.twitter.com/wIfC5qRTcd
\\n— Reuters (@Reuters) December 27, 2020
(Last update 7:01pm EST, December 27, 2020)
\\n\\nTrading volume was 6.54 million, below its daily average of 16.02 million.
\\nThe lower Bollinger band was at 264.2, indicating a positive correction might be next.
\\nOverall, looking at the technical analysis landscape, it seems Facebook might reverse course and start pointing upward in the short term.
\\n\",\"\\n(Last update 7:01pm EST, December 27, 2020)
\\n\\nTrading volume was 1.45 million, below its daily average of 3.39 million.
\\nThe upper Bollinger band was at 3,252.67, indicating a further downward move might be next.
\\nOverall, looking at the technical analysis landscape, it seems further drawbacks may be next for Amazon.
\\n\",\"\\n(Last update 6:35pm EST, December 27, 2020)
\\n\\nTrading volume was 10.55 million, below its daily average of 27.94 million.
\\nThe upper Bollinger band is at 224.8, indicating a negative correction might be next.
\\nOverall, looking at the technical analysis landscape, it seems a reverse of course in the short term might be next for Microsoft.
\\n\",\"\\n(Last update 6:36pm EST, December 27, 2020)
\\n\\nTrading volume was 346753, below its daily average of 1.44 million.
\\nThe lower Bollinger band is at 1,703.31, indicating further gains might be next.
\\nOverall, looking at the technical analysis landscape, it seems Google is likely to continue pointing upward in the short term.
\\n\",\"\\n(Last update 6:35pm EST, December 27, 2020)
\\n\\nTrading volume was 22.34 million, below its daily average of 57.08 million.
\\nThe upper Bollinger band is at 692.93, indicating a negative correction might be next.
\\nOverall, looking at the technical analysis landscape, it seems a reverse of course in the short term might be next for Tesla.
\\n\\n
\\n\\n\\n\\n\",\"\\nElon Musk says Tim Cook 'refused' to meet with him about Apple buying Tesla https://t.co/WTr8DxiPck by @DanielHowley pic.twitter.com/4lakupEkZ5
\\n— Yahoo Finance (@YahooFinance) December 27, 2020
(Last update 6:35pm EST, December 27, 2020)
\\n\\nTrading volume was 3.85 million, below its daily average of 7.41 million.
\\nThe lower Bollinger band at 362.88, indicating a positive correction might be next.
\\nOverall, looking at the technical analysis landscape, it seems Zoom is might reverse course and start pointing upward in the short term.
\\n\",\"\\n(Last update 6:36pm EST, December 27, 2020)
\\n\\nTrading volume was 1.14 million, below its daily average of 3.49 million.
\\nThe upper Bollinger band is at 538.5 and the lower is 486.89.
\\n\",\"\\n(Last update 7:01pm EST, December 27, 2020)
\\n\\nTrading volume was 3.02 million, below its daily average of 7.85 million.
\\nThe lower Bollinger band is at 141.66, indicating further gains might be next.
\\nOverall, looking at the technical analysis landscape, it seems Walmart is likely to continue pointing upward in the short term.
\\n\",\"\\n(Last update 7:01pm EST, December 27, 2020)
\\n\\nTrading volume was 2.59 million, below its daily average of 7.25 million.
\\nThe upper Bollinger band is at 139.49, indicating a negative correction might be next.
\\nOverall, looking at the technical analysis landscape, it seems a reverse of course in the short term might be next for Procter & Gamble
\\n\",\"\\n(Last update 7:01pm EST, December 27, 2020)
\\n\\nTrading volume was 2.72 million, below its daily average of 14.41 million.
\\nThe Relative Strength Index indicates Walt Disney is in overbought condition. The upper Bollinger band is at 184.09 and the lower is 143.47.
\\nOverall, looking at the technical analysis landscape, it seems Walt Disney might be pointing upward in the short term.
\\n\",\"\\n(Last update 7:01pm EST, December 27, 2020)
\\n\\nTrading volume was 3.27 million, below its daily average of 15.78 million.
\\nThe upper Bollinger band is at 54.19, indicating a negative correction might be next.
\\nOverall, looking at the technical analysis landscape, it seems a reverse of course in the short term might be next for Coca-Cola
\\n\",\"\\n(Last update 7:01pm EST, December 27, 2020)
\\n\\nTrading volume was 14.79 million, below its daily average of 55.89 million.
\\nThe upper Bollinger band is at 42.82 and the lower is 35.68.
\\n\",\"\\n(Last update 7:00pm EST, December 27, 2020)
\\n\\nTrading volume was 1.05 million, below its daily average of 3.37 million.
\\nThe upper Bollinger band is at 217.2 and the lower is 206.48.
\\n\",\"\\n(Last update 7:01pm EST, December 27, 2020)
\\n\\nAfter opening at 27,579.988, Bitcoin reached a record high of 28,288.84. Later, it lost 2008.9000000000015 points and is now trading at 26,279.94.
\\nThe Relative Strength Index indicates Bitcoin is in overbought condition. The upper Bollinger band is at 27,792.5359 and the lower is 16,582.1743.
\\nOverall, looking at the technical analysis landscape, it seems Bitcoin might reverse course and start pointing upward in the short term.
\\n\\n
\\n\\n\\n\\n\",\"\\nRoubini: Bitcoin's 'hyperbolic bubble is going to go bust' https://t.co/h0H2h8Ds5C by @JuliaLaRoche pic.twitter.com/cmggRaVLHt
\\n— Yahoo Finance (@YahooFinance) December 27, 2020
(Last update 7:00pm EST, December 27, 2020)
\\n\\nGold Friday at a glance –
\\nLight green, mostly flat: Gold ranged between 1,894.7 and 1,885.6 and closed in 1893.
\\nGold immediate resistance is around 1,895.53, nearest support level is at 1,775.7. The upper Bollinger band is at 1,905.35, indicating a negative correction might be next.
\\nOverall, looking at the technical analysis landscape, it seems a reverse of course in the short term might be next for Gold.
\\n\\n
\\n\\n\\n\\n\",\"\\nNorth Dakota’s shale prospects look bleak after the gold rush https://t.co/TPylpTiQs8
\\n— Financial Times (@FinancialTimes) December 27, 2020
(Last update 7:00pm EST, December 27, 2020)
\\n\\nCrude oil Friday at a glance –
\\nLight red, mostly flat: Oil ranged between 48.23 and 47.5 and closed at 47.87.
\\nCrude oil is getting closer and is now only 84 cents from the support line at 47.02. Dipping below it might indicate further losses are ahead. The upper Bollinger band was at 49.1, indicating a further downward move might be next.
\\nOverall, technical indicators suggest crude has no obvious direction for the immediate future.
\\n\\n
\\n\\n\\n\\n\",\"\\nDecember tight oil production expected to be 6.2 mmb/d.
\\n
Down 0.2 mmb/d from September.
Negative growth since October.#OOTT #oilandgas #oil #WTI #CrudeOil #fintwit #OPEC #Commodities pic.twitter.com/0CH5stp3Z6— Art Berman (@aeberman12) December 19, 2020
(Last update 7:01pm EST, December 27, 2020)
\\n\\nStart of session at a glance –
\\nA mostly flat day so far for EUR/USD ranging between 1.2213 and 1.2189 and is now at 1.2209.
\\nThe Euro/Dollar is getting closer and is now only 123 pips from the support line at 1.2085. Dipping below it might indicate further losses are ahead. At 1.2206, Euro made an initial breakout above the 10 day Simple Moving Average. The upper Bollinger band is at 1.2277, indicating a downward move might be next.
\\nOverall, looking at the technical analysis landscape, it seems the Euro might be pointing upward in the short term.
\\n\",\"\\n(Last update 7:21pm EST, December 27, 2020)
\\n\\nStart of session at a glance –
\\nGBP/USD trading at 1.3544 with no clear-cut direction, ranging between 1.3574 and 1.3538.
\\nThe Pound's nearest support level is at 1.3365. The upper Bollinger band is at 1.3619, indicating a downward move might be next.
\\nOverall, looking at the technical analysis landscape, it seems the pound/dollar might be pointing down in the short term.
\\n\\n
\\n\\n\\n\\n\",\"\\nBritain says it will sign free trade deal with Turkey this week https://t.co/aD4ggu3xtv pic.twitter.com/IJ8SlqxcSF
\\n— Reuters (@Reuters) December 28, 2020
(Last update 7:21pm EST, December 27, 2020)
\\n\\nStart of session at a glance –
\\nUSD/JPY slid down from 103.57 to 103.49, taking a seven pip loss (-0.08%).
\\nThe Yen is getting closer and is now only 17 pips from the support line at 103.32. Dipping below it might indicate further losses are ahead. At 103.52, Yen made an initial breakout below the 10 day Simple Moving Average. The lower Bollinger band is at 103.05, indicating a positive move might be next.
\\nOverall, looking at the technical analysis landscape, it seems the Yen might be pointing upward in the short term.
\\n\\n
\\n\\n\\n\\n\",\"\\nJapan data: Nov Industrial production (flash) 0% m/m (vs. expected +1.1%) https://t.co/VurmFXMZQP
\\n— ForexLive (@ForexLive) December 27, 2020
(Last update 7:21pm EST, December 27, 2020)
\\n\\nStart of session at a glance –
\\nUSD/CHF recovered back to 0.8903 after dipping down to 0.8882 in a session that started at 0.8903.
\\nThe Swiss franc resistance level is at 0.9005. At 0.8887, Swiss franc made an initial breakout below the 5 day Simple Moving Average. The upper Bollinger band is at 0.8965, indicating a downward move might be next.
\\nOverall, looking at the technical analysis landscape, it seems the Swiss franc is likely to start pointing downward in the short term.
\\n\",\"\\n(Last update 7:21pm EST, December 27, 2020)
\\n\\nStart of session at a glance –
\\nA mostly flat day so far for AUD/USD ranging between 0.7616 and 0.7594 and is now at 0.76.
\\nThe Australian dollar is getting closer and is now only 75 pips from the support line at 0.7524. Dipping below it might indicate further losses are ahead. The upper Bollinger band is at 0.7681 and the lower is 0.7361.
\\nOverall, looking at the technical analysis landscape, it seems the Aussie/Dollar might be pointing upward in the short term.
\\n\\n
\\n\\n\\n\\n\\n\"],\"title\":\"Financial Markets Review – 27 December 2020 – 19:21:08\",\"date\":\"2020-12-28T00:21:08\"}"; var omg_ads = JSON.parse(decodeHtml(omg_ads_string)); } catch (e) { var omg_ads = JSON.parse(omg_ads_string); }UK's Raab says pursuing trade deals with Australia, U.S., Indo-Pacific region https://t.co/4llqgq97Hj pic.twitter.com/sYZi38LKvL
\\n— Reuters (@Reuters) December 27, 2020