\\n

\\n\",\"\\n

Dow Jones is trading at 32,628, down by 0.71% as session closes

\\n

(Last update 12:31pm EST, March 20, 2021)

\\n

\\n

Dow yesterday at a glance – Dow Jones dropped 234.33 points early on and stayed at the 32,628 range.

\\n

The chart pattern study shows the Dow's nearest support level is at 31,962, followed by 30,924 at the next level. In terms of trend indicators, we can see that the MACD line is above the MACD signal line significantly, meaning the medium-term trend might turn negative.

\\n

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

\\n

The Dow started 2021 by gaining 6.15%.

\\n

\\n
\\n

Dow falls 150 points as Fed bank capital decision hits financial stocks https://t.co/ZNZkffZvZC

\\n

— CNBC (@CNBC) March 19, 2021

\\n

\\n

\\n\",\"\\n

Stable day for S&P, parking at 3,913

\\n

(Last update 12:31pm EST, March 20, 2021)

\\n

\\n

S&P yesterday at a glance – After starting the day at 3,915.46, S&P 500 went up to 3,930 only to drop back to the starting point and close at 3,913.

\\n

S&P chart analysis: S&P 500 resistance level is at 3,934.83. In terms of trend indicators, we can see that at 3,914, S&P 500 made an initial breakout above the 10 day Simple Moving Average, an indication of a positive trend.

\\n

Overall, looking at the technical analysis landscape, it seems the S&P 500 might start pointing upward in the short term.

\\n

The S&P 500 started in 2021 by gaining 4%.

\\n\",\"\\n

Apple closes at $120, up 53 cents, adding one more to its four straight days of losses

\\n

(Last update 12:31pm EST, March 20, 2021)

\\n

\\n

Apple yesterday at a glance – light red but with no clear-cut direction, the sleek phone manufacturer closed the session at $120 after ranging between $121.43 and $119.67. Trading volume was 185.55 million, above the daily average of 128.75 million.

\\n

The chart pattern study shows although Apple is down today and was as low as $119.67, it seems to be recovering slightly and climbing away from the $116.36 support line and is now $3.63 above it. Asset volatility analysis shows that a slight indication of recovery comes from looking at the Bollinger bands: the lower band is at $116.71 – a low enough level to usually suggest Apple is trading below its value.

\\n

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

\\n

With a market cap of $2.01 trillion, The mobile and tech colossus started in 2021 by losing 10.54%. So far this year it is under-performing the S&P by 14.55%.

\\n

\\n
\\n

Jury tells Apple to pay $308.5 million for patent infringement https://t.co/4nDb2sVAvX pic.twitter.com/FxVtkagAfC

\\n

— Yahoo Finance (@YahooFinance) March 20, 2021

\\n

\\n

\\n\",\"\\n

Facebook trades at $290.11 after jumping $11.49 – its biggest single-day gain since November 2020

\\n

(Last update 12:31pm EST, March 20, 2021)

\\n

\\n

Mark Zuckerberg's company closed at $290.11 after it made its largest daily jump ($11.49) since November 2020

\\n

The chart visual study suggests Facebook's immediate resistance is around $294.81, nearest support level is at $273.97. 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 Facebook is in overbought condition, Keep an eye out for a slowdown of gains. However, a slight indication of a slowdown comes from looking at the Bollinger bands: the upper band is at $292.09 – a high enough level to usually suggest Facebook is trading above its value.

\\n

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

\\n

With a market cap of $826.14 billion, The social media company started in 2021 by gaining 6.08%. So far this year it is outperforming the S&P by 2.07%.

\\n

\\n
\\n

Facebook services down for users: Downdetector https://t.co/sUx62gr3AD pic.twitter.com/GbOgK4xWBX

\\n

— Reuters (@Reuters) March 19, 2021

\\n

\\n

\\n\",\"\\n

Amazon closes at $3,075 after gaining 1.55% during the session

\\n

(Last update 12:31pm EST, March 20, 2021)

\\n

\\n

Amazon yesterday at a glance – the tech and retail multifaceted giant went up to $3,075 and gained $47 compared to the $3,028 start of the day (1.55%). Trading volume was 4.63 million, above the daily average of 3.65 million.

\\n

An analysis of the Amazon chart suggests Amazon could be slowing down soon because it is getting close and is now only $60.77 from the resistance line at $3,135.73, yet crossing it might suggest further gains are ahead. In terms of trend indicators, we can see that at $3,061.32, Amazon made an initial breakout above the 10 day Simple Moving Average, an indication of a positive trend.

\\n

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

\\n

With a market cap of $1.55 trillion, the tech and retail multifaceted giant has started 2021 by losing 6%. So far this year it is under-performing the S&P by 10%.

\\n

\\n
\\n

Why Amazon backs Bernie Sanders on the minimum wage https://t.co/5W6PQ5ImmF by @rickjnewman pic.twitter.com/Aj3aYEgkcw

\\n

— Yahoo Finance (@YahooFinance) March 20, 2021

\\n

\\n

\\n\",\"\\n

After three days of going down, Microsoft was mostly flat yesterday, closing at $230.35

\\n

(Last update 12:41pm EST, March 20, 2021)

\\n

\\n

Microsoft yesterday at a glance – after dropping down to $229.35, the iconic OS developer recovered some losses and is currently trading at $230.35. Trading volume was 46.43 million, above the daily average of 31.56 million.

\\n

Microsoft chart analysis: Microsoft might start to recover soon because it is getting closer and is now only $3.62 from the support line at $226.73, Obviously, dipping below it could be an indication that further losses are ahead. Asset volatility analysis shows that the lower Bollinger band is at $226.9, indicating a positive move might be next. However, 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 Microsoft might be pointing upward in the short term.

\\n

With a market cap of $1.74 trillion, The software giant started in 2021 by gaining 3.44%. So far this year it is under-performing the Dow by 2.71%.

\\n

\\n
\\n

Microsoft's ( $MSFT ) new technology will help governments and healthcare organizations improve management of their COVID-19 vaccine programs.https://t.co/2YwJLXiCG8

\\n

— TheStreet (@TheStreet) March 20, 2021

\\n

\\n

\\n\",\"\\n

Google closes at $2,043.2 after gaining 0.34% during the session

\\n

(Last update 12:41pm EST, March 20, 2021)

\\n

\\n

Google yesterday at a glance – the leading search engine company went up to $2,043.2 and gained $7 compared to the $2,036.22 start of the day (0.34%). Trading volume was 2.31 million, above the daily average of 1.53 million.

\\n

Visual analysis of Google's price graph shows the nearest resistance level is at $2,128.31. In terms of trend indicators, we can see that even though currently pointing up, the 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. 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 the lower Bollinger band is at $2,009.64, 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.

\\n

Overall, technical indicators suggest Google has no obvious direction for the immediate future.

\\n

With a market cap of $1.37 trillion, The search engine giant started in 2021 by gaining 14.31%. So far this year it is outperforming the S&P 500 by 10.3%.

\\n

\\n
\\n

U.S. DOJ accuses Google of dragging its feet in antitrust trial https://t.co/3oyuawc9Gf pic.twitter.com/mh7DSLGuAb

\\n

— Reuters (@Reuters) March 19, 2021

\\n

\\n

\\n\",\"\\n

Tesla steady at $654.87, no significant movement

\\n

(Last update 12:41pm EST, March 20, 2021)

\\n

\\n

Tesla yesterday at a glance – Elon Musk's electric car company recovered back to $654.87 after dipping down to $624.62 in a session that started at $653.16. Trading volume was 42.89 million, around the average daily.

\\n

Visual analysis of the Tesla's price graph shows Tesla's nearest support level is at $563.

\\n

With a market cap of $628.58 billion, The trendy electric car company started in 2021 by losing 7.78%. So far this year it is under-performing the Nasdaq by 10.27%.

\\n

\\n
\\n

Elon Musk strenuously denies Tesla would ever use a vehicle’s technology for spying https://t.co/g90OFiQUq9

\\n

— Bloomberg (@business) March 20, 2021

\\n

\\n

\\n\",\"\\n

Zoom closes at $326.26 after gaining 3.14% during the session

\\n

(Last update 12:41pm EST, March 20, 2021)

\\n

\\n

Zoom yesterday at a glance – the video communications platform provider went up to $326.26 and gained $9.94 compared to the $316.32 start of the day (3.14%). Trading volume was 4.97 million, above the daily average of 4.35 million.

\\n

Zoom chart analysis: nearest resistance level is at $364.73, followed by $409.66 at the next level. Asset volatility analysis shows that the lower Bollinger band is at $308.4, 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.

\\n

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

\\n

With a market cap of $95.83 billion, The video communications platform provider started in 2021 by losing 3.5%. So far this year it is under-performing the Nasdaq by 6%.

\\n\",\"\\n

Netflix will open at $512.18 after gaining 1.46% yesterday

\\n

(Last update 12:41pm EST, March 20, 2021)

\\n

\\n

Netflix yesterday at a glance – the streaming heavyweight went up to $512.18 and gained $7.39 compared to the $504.79 start of the day (1.46%). Trading volume was 4.39 million, above the daily average of 3.79 million.

\\n

Important graph levels to look out for: Netflix could be slowing down soon as it is approaching and is only $11.1 away from resistance at $523.28, of course, crossing it might suggest further gains are ahead. In terms of trend indicators, we can see that although up today, it's worth noting that earlier Netflix dropped below the 200 day Simple Moving Average as it was trading at $503.67, usually an indication that a negative trend is ahead. Asset volatility analysis shows that a slight indication of a slowdown comes from looking at the Bollinger bands: the upper band is at $532.11 – a high enough level to usually suggest Netflix is trading above its value. In contrast, "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.

\\n

Overall, looking at the technical analysis landscape, it seems a reverse of course in the short term might be next for Netflix.

\\n

with a market cap of $226.84 billion, The streaming company started 2021 by losing 5.66%. So far this year it is under-performing the S&P 500 by 9.67%.

\\n

\\n
\\n

Why Netflix's password sharing crackdown makes sense in today's streaming world: https://t.co/1wenXOBsvz pic.twitter.com/YjFZnVZnQh

\\n

— Forbes (@Forbes) March 19, 2021

\\n

\\n

\\n\",\"\\n

Walmart will open at $131.74 after gaining 1.33% yesterday

\\n

(Last update 12:21pm EST, March 20, 2021)

\\n

\\n

Walmart yesterday at a glance – the warehouse store chain went up to $131.74 and gained $1.74 compared to the $130 start of the day (1.33%). Trading volume was 19.24 million, above the daily average of 11.28 million.

\\n

Important graph levels to look out for: Walmart's nearest resistance level is at $139.27, followed by $147.2 at the next level. In terms of trend indicators, we can see that at $132.11, Walmart made an initial breakout above the 21 day Simple Moving Average, an indication of a positive trend.

\\n

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

\\n

With a market cap of $372.73 billion, The warehouse store chain company started in 2021 by losing 9.55%. So far this year it is under-performing the Dow by 15.7%.

\\n

\\n
\\n

As calls increase to raise the federal minimum wage, many companies have upped their starting pay to $15 an hour. Walmart remains a powerful holdout, with many of its workers starting at $11 an hour.  https://t.co/poLdePglwN

\\n

— NYT Business (@nytimesbusiness) March 19, 2021

\\n

\\n

\\n\",\"\\n

Procter & Gamble is trading around $128 after losing 0.54% yesterday

\\n

(Last update 12:21pm EST, March 20, 2021)

\\n

\\n

Procter & Gamble yesterday at a glance – light red, mostly flat: Procter & Gamble ranged between $129.74 and $127.9 and closed at $128. Trading volume was 20.03 million, above the daily average of 8.74 million.

\\n

The Chart pattern study shows the nearest support level is at $122.15. In terms of trend indicators, we can see that although down today, it's worth noting that at $129.63 Procter & Gamble did peak above the 50 day Simple Moving Average earlier, usually an indication that a positive move is maybe ahead. Asset volatility analysis shows that the upper Bollinger band is at $129.47, indicating a further downward move might be next.

\\n

Overall, technical indicators suggest Procter & Gamble has no obvious direction for the immediate future.

\\n

With a market cap of $315.22 billion, The consumer goods corporation started 2021 by losing 8.65%. So far this year it is under-performing the Dow by 14.8%.

\\n\",\"\\n

Walt Disney is trading around $191.14 after losing 0.59% yesterday

\\n

(Last update 12:21pm EST, March 20, 2021)

\\n

\\n

Walt Disney yesterday at a glance – light red, mostly flat: Walt Disney ranged between $194 and $189.76 and closed at $191.14. Trading volume was 28.35 million, above the daily average of 15.76 million.

\\n

A study on Walt Disney's chart pattern shows Walt Disney might start to recover soon because it is getting close and is now only $3.11 from the support line at $188.03, Obviously, dipping below it could be an indication that further losses are ahead. In terms of trend indicators, we can see that although down today, it's worth noting that at $193.15 Walt Disney did peak above the 21 day Simple Moving Average earlier, usually an indication that a positive move is maybe ahead. 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 Walt Disney is in strong oversold condition. Asset volatility analysis shows that a slight indication of recovery comes from looking at the Bollinger bands: the lower band is at $189.18 – a low enough level to usually suggest Walt Disney is trading below its value.

\\n

Overall, technical indicators suggest Walt Disney has no obvious direction for the immediate future.

\\n

With a market cap of $346.97 billion, The entertainment giant started in 2021 by gaining 5.18%. So far this year it is under-performing the Dow by 0.97%.

\\n\",\"\\n

Coca-Cola will open at $50.81 after gaining 0.47% yesterday

\\n

(Last update 12:21pm EST, March 20, 2021)

\\n

\\n

Coca-Cola yesterday at a glance – light green Coca-Cola closed at $50.81 after it ranged between $51.08 and $50.17. Trading volume was 63.59 million, above the daily average of 23.12 million.

\\n

In terms of trend indicators, we can see that at $50.57, Coca-Cola 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 $50.27, indicating further gains might be next. On the other hand, note that although Coca-Cola is green today and was as high as $51.08, it seems to be slowing down slightly and moving away from the $51.64 resistance line, and is now 82 cents below it.

\\n

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

\\n

With a market cap of $218.96 billion, The soft drinks giant started 2021 by losing 7.97%. So far this year it is under-performing the Dow by 14.12%.

\\n

\\n
\\n

“We set the goal in 2010 to empower 5 million women by 2020,” The Coca-Cola Company's @BeaperezBea says about helping women entrepreneurs. “Today, we’ve overachieved the goal and we’ve achieved 6 million women by 2020. That’s touching women all throughout the value chain.” pic.twitter.com/QckPWjajI4

\\n

— Yahoo Finance (@YahooFinance) March 18, 2021

\\n

\\n

\\n\",\"\\n

Pfizer closes at $35.53, up 24 cents, adding one more to its four straight days of losses

\\n

(Last update 12:21pm EST, March 20, 2021)

\\n

\\n

Pfizer yesterday at a glance – the pharmaceuticals and biotechnology company recovered some but not all the way back to $35.77 after dipping down to $35.47. Trading volume was 44.56 million, above the daily average of 28.27 million.

\\n

An analysis of the Pfizer chart suggests the nearest support level is at $33.49. In terms of trend indicators, we can see that at $35.55, Pfizer made an initial breakout below the 5 day Simple Moving Average, an indication of a negative trend. 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, the Relative Strength Index indicates Pfizer is in overbought condition, keep an eye out for a slowdown in gains.

\\n

Overall, 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.

\\n

with a market cap of $198.19 billion, The pharmaceuticals and biotechnology company started 2021 by losing 3.58%. So far this year it is under-performing the Dow by 9.73%.

\\n

\\n
\\n

Exclusive: The manufacture of Covid-19 vaccines is disrupting supplies of other critical medicines in the US. Pfizer has told US hospitals to expect interruptions to supplies of four of its products — an antibiotic, a steroid and two types of testosterone https://t.co/suvsduv9GZ pic.twitter.com/PvQdZEz5LL

\\n

— Financial Times (@FinancialTimes) March 19, 2021

\\n

\\n

\\n\",\"\\n

McDonald's is trading around $222.44 after losing 0.21% yesterday

\\n

(Last update 12:46pm EST, March 20, 2021)

\\n

\\n

McDonald's yesterday at a glance – light red but with no clear-cut direction, the fast food company closed the session at $222.44 after ranging between $225.18 and $221.03. Trading volume was 7.72 million, above the daily average of 3.78 million.

\\n

Important graph levels to look out for: McDonald'ss nearest support level is at $215.98, followed by $204.84 at the next level. In terms of trend indicators, we can see that at $222.29, McDonald's made an initial breakout below the 3 day Simple Moving Average, an indication of a negative trend. Asset volatility analysis shows that the upper Bollinger band is at $225.71, indicating a further downward move might be next. In contrast, 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 – although indicators are mixed and some are pointing in different directions, it seems further drawbacks may be next for McDonald's

\\n

with a market cap of $165.85 billion, The fast food company started in 2021 by gaining 3.53%. So far this year it is under-performing the Dow by 2.62%.

\\n\",\"\\n

Bitcoin up 1.41%, trading around $59,437

\\n

(Last update 12:46pm EST, March 20, 2021)

\\n

\\n

Currently light green but with no clear-cut direction, Bitcoin is trading at $59,437 after ranging today between $60,000 and $58,249.

\\n

Bitcoin chart analysis: Bitcoin's immediate resistance is around $59,682, nearest support level is at $57,540. In terms of trend indicators, we can see that although up today, it's worth noting that earlier, Bitcoin dropped below the 3 day Simple Moving Average as it was trading at $58,359, usually an indication that a negative trend is ahead.

\\n

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

\\n

With a market cap of 1.11 trillion, Bitcoin started in 2021 by gaining 49.43%.

\\n

\\n
\\n

Visa taps deeper into bitcoin through a new global partnership with https://t.co/uOeHchD7zp https://t.co/93Ft4T4zni pic.twitter.com/cIZtAjVoBy

\\n

— Forbes (@Forbes) March 19, 2021

\\n

\\n

\\n\",\"\\n

After starting the day at $1,732.5, Gold rises to $1,744 (up $11.5)

\\n

(Last update 12:46pm EST, March 20, 2021)

\\n

\\n

Gold yesterday at a glance – with a daily low of $1,727, Gold closed at $1,744 after starting the day at $1,732.5 and gaining $11.5 (0.66%).

\\n

The Chart visual study suggests Gold's nearest resistance level is at $1,806.7, followed by $1,844.2 at the next level. In terms of trend indicators, we can see that at $1,735.51, Gold made an initial breakout above the 21 day Simple Moving Average, an indication of a positive trend.

\\n

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

\\n

Gold started 2021 by losing 8.76%.

\\n

\\n
\\n

Gold fell a second day as bond yields surged, with some investors shrugging off the Fed's dovish message and betting that the central bank will allow inflation to overshoot amid an economic rebound https://t.co/nBnLKTTZ18

\\n

— Bloomberg (@business) March 19, 2021

\\n

\\n

\\n\",\"\\n

Crude oil up 2.4%, trading around $61.44

\\n

(Last update 12:46pm EST, March 20, 2021)

\\n

\\n

Oil yesterday at a glance – after it started the day at 60, crude oil went up to $61.72 only to drop back, yet still traded positively overall and closed at $61.44.

\\n

Oil's graph levels to watch: Oil could be slowing down soon as it is approaching and is only $2.09 away from resistance at $63.53, of course, crossing it might suggest further gains are ahead. In terms of trend indicators, we can see that although up today, it's worth noting that earlier crude oil dropped below the 50 day Simple Moving Average as it was trading at $59, usually an indication that a negative trend is ahead.

\\n

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

\\n

Oil started in 2021 by gaining 21.5%.

\\n

\\n
\\n

Make room, West Texas Intermediate and Brent. Murban is here. The new crude futures contract from Abu Dhabi could help weaken Saudi control of Mideast oil supply. https://t.co/QBlHNZKlR6

\\n

— Businessweek (@BW) March 20, 2021

\\n

\\n

\\n\",\"\\n

Stable day for Euro, trading around 1.1908

\\n

(Last update 12:46pm EST, March 20, 2021)

\\n

\\n

Euro/Dollar yesterday at a glance – EUR/USD recovered back to 1.1908 after dipping down to 1.1878 in a session that started at 1.1919.

\\n

A study of the Euro/Dollar's graph shows key levels to watch: Euro/Dollar might start to recover soon because it is getting close and is now only 59 pips from the support line at 1.1848, Obviously, dipping below it could be an indication that further losses are ahead. Asset volatility analysis shows that the lower Bollinger band is at 1.1829, indicating a positive move might be next. On the other hand, note that at 1.19, Euro/Dollar made an initial breakout below the 200 day Simple Moving Average, an indication of a negative trend.

\\n

Overall, looking at the technical analysis landscape, it seems the Euro/Dollar might be pointing upward in the short term.

\\n

The Euro started 2021 by losing 2.54%.

\\n\",\"\\n

The Pound retreats to 1.387 after starting the day at 1.393 (down 0.43%)

\\n

(Last update 1:11pm EST, March 20, 2021)

\\n

\\n

Pound/Dollar yesterday at a glance – GBP/USD slid down from 1.393 to 1.387, losing 59 pips (0.43%).

\\n

The Chart pattern study shows Pound/Dollar immediate support is around 1.3864, resistance level is at 1.4138. In terms of trend indicators, we can see that at 1.3836, pound/dollar made an initial breakout below the 50 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. Asset volatility analysis shows that the upper Bollinger band is at 1.3992, indicating a further downward move might be next.

\\n

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

\\n

The Pound started in 2021 by gaining 1.91%.

\\n

\\n
\\n

Britain on track to ease lockdown measures in line with plan: health minister https://t.co/Ob0CGTeUlC pic.twitter.com/siWMKcGYEA

\\n

— Reuters (@Reuters) March 20, 2021

\\n

\\n

\\n\",\"\\n

Dollar/Yen holds at 108.9

\\n

(Last update 1:11pm EST, March 20, 2021)

\\n

\\n

The Yen yesterday at a glance – USD/JPY recovered back to 108.9 after dipping down to 108.91 in a session that started at 108.94.

\\n

An analysis of the Dollar/Yen chart suggests the Yen's nearest support level is at 104.55. In terms of trend indicators, we can see that at 108.76, dollar/yen 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 is at 109.29, indicating a downward move might be next.

\\n

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

\\n

The Yen started in 2021 by gaining 5.23%.

\\n

\\n
\\n

Japan is the only G7 member that does not recognise same-sex unions https://t.co/EUz1RFkE80

\\n

— The Economist (@TheEconomist) March 20, 2021

\\n

\\n

\\n\",\"\\n

After starting the day at 0.9271, Dollar/Swiss drifts up to 0.9292 (up 21 pips)

\\n

(Last update 1:11pm EST, March 20, 2021)

\\n

\\n

The Swiss franc yesterday at a glance – after it started the day at 0.9271 USD/CHF went up to 0.9294 only to drop back, yet still traded positively overall and closed at 0.9292.

\\n

Important graph levels to look out for: Swiss franc immediate resistance is around 0.9307, nearest support level is at 0.87. In terms of trend indicators, we can see that at 0.9285, Dollar/Swiss made an initial breakout above the 10 day Simple Moving Average, an indication of a positive trend. 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. In contrast, the upper Bollinger band is at 0.9346, This is a slight indication of a slowdown.

\\n

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

\\n

Dollar/Swiss started in 2021 by gaining 4.57%.

\\n\",\"\\n

Australian dollar is down 14 pips (0.18%), trading around 0.7746

\\n

(Last update 1:11pm EST, March 20, 2021)

\\n

\\n

The Australian dollar yesterday at a glance , failed to recover all the way to 0.776 after dipping down to 0.7746.

\\n

Important graph levels to look out for: Aussie/Dollar immediate support is around 0.7722, resistance level is at 0.7965. In terms of trend indicators, we can see that at 0.7746, Australian dollar made an initial breakout below the 50 day Simple Moving Average, an indication of a negative trend. Asset volatility analysis shows that the upper Bollinger band is at 0.7817, indicating a further downward move might be next.

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

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The Australian dollar started 2021 by gaining 0.87%.

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