\\n

\\n\",\"\\n

Dow Jones up 171.66 points, trading around 33,153

\\n

(Last update 6:31pm EST, April 1, 2021)

\\n

\\n

Dow Jones today at a glance – after starting today at 32,982, Dow Jones went up to 33,167 only to drop back to half way point range, closing at 33,153.

\\n

Important graph levels to look out for: the Dow immediate resistance is around 33,219, nearest support level is at 31,962. In terms of trend indicators, we can see that although up today, it's worth noting that earlier the Dow Jones dropped below the 3 day Simple Moving Average as it was trading at 33,073, usually an indication that a negative trend is ahead. 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. Asset volatility analysis shows that the upper Bollinger band is at 33,500, This is a slight indication of a slowdown.

\\n

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

\\n

The Dow Jones started 2021 by gaining 7.2%.

\\n

\\n
\\n

The S&P 500 has topped 4,000 points for the first time ever.

\\n

The index rose nearly 1.2% to close at a record high of 4,019 points on Thursday. The Dow was up 171 points, or 0.5%, while the Nasdaq Composite jumped 1.8%. https://t.co/7aLSATVnEO

\\n

— CNN Business (@CNNBusiness) April 1, 2021

\\n

\\n

\\n\",\"\\n

S&P hits new all time high at 4,020.63

\\n

(Last update 6:32pm EST, April 1, 2021)

\\n

\\n

After opening at 3,973, S&P 500 gained 47 points, hitting a fresh record high of 4,020.63.

\\n

An analysis of the S&P 500 chart suggests the S&P 500 immediate resistance is around 4,029.37, nearest support level is at 3,934.83. 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 4,033.29 – a high enough level to usually suggest the S&P 500 is trading above its value.

\\n

Overall, technical indicators suggest S&P has no obvious direction for the immediate future.

\\n

The S&P 500 started 2021 by gaining 5.46%.

\\n\",\"\\n

Apple closes at $123 after gaining 0.7% during the session

\\n

(Last update 6:32pm EST, April 1, 2021)

\\n

\\n

Apple today at a glance – hesitant but green, Apple closed at $123 after ranging between $122.49 and $124.18. Trading volume was 71.49 million, below the daily average of 107.35 million.

\\n

An analysis of the Apple chart suggests Apple is eyeing resistance at $125.57 and is now only $2.57 away, whilst this indicates a slow down or reverse of direction around $125.57, crossing it might suggest a prolonged positive move. Asset volatility analysis shows that the upper Bollinger band is at $125.18, This is a slight indication of a slowdown. On the other hand, note that 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.

\\n

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

\\n

with a market cap of $2.06 trillion, The mobile and tech colossus started in 2021 by losing 8.63%. So far this year it is under-performing the S&P 500 by 14.09%.

\\n

\\n
\\n

Apple CEO Tim Cook was the latest corporate leader to speak out against Georgia’s new voting restrictions, which many critics say target Black people and other racial minorities. Read more here: https://t.co/oVRiB5AR1K $AAPL pic.twitter.com/z1UCO5bFU4

\\n

— Reuters Business (@ReutersBiz) April 1, 2021

\\n

\\n

\\n\",\"\\n

Facebook rallied beyond $302.4 for the first time in 7 months and a half

\\n

(Last update 6:32pm EST, April 1, 2021)

\\n

\\n

After opening at $294.53, Mark Zuckerberg's company reached $302.4, breaking a 7 month and a half record. Later, it lost $3.74 and is now trading at $298.66.

\\n

An analysis of the Facebook chart suggests Facebook's immediate resistance is around $301.1, nearest support level is at $293.54. 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 $301.57 – a high enough level to usually suggest Facebook is trading above its value.

\\n

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

\\n

With a market cap of $850.49 billion, The social media company started in 2021 by gaining 7.26%. So far this year it is outperforming the S&P by 1.8%.

\\n

\\n
\\n

Mark Zuckerberg wanted to make Facebook and Instagram a reliable source of news about the pandemic. Instead he’s helped spread misinformation about vaccines https://t.co/NPWI0LMhRW

\\n

— Businessweek (@BW) April 1, 2021

\\n

\\n

\\n\",\"\\n

Amazon will open at $3,161 after gaining 2.16% today

\\n

(Last update 6:32pm EST, April 1, 2021)

\\n

\\n

Amazon today at a glance – the tech and retail multifaceted giant went up to $3,161 and gained $67 compared to the $3,094 start of the day (2.16%). Trading volume was 2.82 million, below the daily average of 3.16 million.

\\n

In terms of trend indicators, we can see that at $3,145.62, Amazon made an initial breakout above the 200 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. 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 Amazon has just crossed the upper Bollinger band at $3,154.52, indicating further gains might be next.

\\n

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

\\n

With a market cap of $1.59 trillion, The tech and retail multifaceted giant has started 2021 by losing 5.26%. So far this year it is under-performing the S&P 500 by 10.72%.

\\n

\\n
\\n

Amazon workers' Union fight could finally disrupt the ultimate disruptor https://t.co/YXSTu3pRfz pic.twitter.com/iR1jrxDXTD

\\n

— Forbes (@Forbes) April 1, 2021

\\n

\\n

\\n\",\"\\n

Microsoft made its largest single-day jump of $6.58(2.79%) since Feb 1

\\n

(Last update 5:56pm EST, April 1, 2021)

\\n

\\n

The iconic OS developer closed at $242.35 after it made its largest daily jump ($6.58) since Feb 1

\\n

important graph levels to look out for: Microsoft immediate resistance is around $242.45, nearest support level is at $226.73. 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 Microsoft has just crossed the upper Bollinger band at $241.57, indicating further gains might be next. On the other hand, note 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 Microsoft is likely to continue pointing upward in the short term.

\\n

With a market cap of $1.83 trillion, The iconic OS developer has started 2021 by gaining 5.66%. So far this year it is under-performing the Dow Jones by 1.54%.

\\n

\\n
\\n

This New Feature Instantly Makes Microsoft Edge The Best Browser On A Mac https://t.co/lNhreBBgLQ

\\n

— Forbes (@Forbes) April 1, 2021

\\n

\\n

\\n\",\"\\n

Google made its largest single-day jump of $69.12(3.34%) since Feb 3

\\n

(Last update 5:56pm EST, April 1, 2021)

\\n

\\n

The leading search engine company closed at $2,137.75 after it made its largest daily jump ($69.12) since Feb 3

\\n

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 Google is in strong overbought condition. However, the upper Bollinger band is at $2,111, This is a slight indication of a slowdown.

\\n

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

\\n

With a market cap of $1.44 trillion, The search engine giant started in 2021 by gaining 15.31%. So far this year it is outperforming the S&P by 9.85%.

\\n

\\n
\\n

Google wants employees back in the office early, possibly hurting the remote-work trend https://t.co/4WBUEL2Iu2 pic.twitter.com/9DGvCMmtOd

\\n

— Forbes (@Forbes) April 1, 2021

\\n

\\n

\\n\",\"\\n

Tesla is trading around $661.75 after losing 0.93% today

\\n

(Last update 5:56pm EST, April 1, 2021)

\\n

\\n

Tesla today at a glance – Elon Musk's electric car company recovered some but not all the way back to $667.93 after dipping down to $659.5. Trading volume was 34.82 million, below the daily average of 35.35 million.

\\n

The chart visual study suggests Tesla's nearest support level is at $563. In terms of trend indicators, we can see that 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. Asset volatility analysis shows that the upper Bollinger band is at $684.31, indicating a further downward move might be next.

\\n

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

\\n

With a market cap of $635.18 billion, Elon Musk's electric cars company started in 2021 by losing 5.65%. So far this year it is under-performing the Nasdaq by 8.36%.

\\n

\\n
\\n

A Volkswagen joint venture in China has agreed to buy green car credits from Tesla, according to sources. The deal highlights the scale of the task Volkswagen faces in transforming its huge petrol car business into a leader in electric vehicles https://t.co/YtThRsXuwL pic.twitter.com/ljNPohEqoj

\\n

— Reuters Business (@ReutersBiz) April 1, 2021

\\n

\\n

\\n\",\"\\n

Zoom will open at $326.23 after gaining 1.54% today

\\n

(Last update 5:56pm EST, April 1, 2021)

\\n

\\n

Zoom today at a glance – after it started the day at $321.29 Zoom went up to $338.91 only to drop back, yet still traded positively overall and closed at $326.23. Trading volume was 2.73 million, below the daily average of 3.94 million.

\\n

The chart pattern study shows although Zoom is green today and was as high as $338.91, it seems to be slowing down slightly and moving away from the $355.17 resistance line, and is now $28.94 below it. In terms of trend indicators, we can see that although up today, it's worth noting that earlier Zoom dropped below the 21 day Simple Moving Average as it was trading at $330.38, usually an indication that a negative trend is ahead. Asset volatility analysis shows that the upper Bollinger band is at $337.73, This is a slight indication of a slowdown. However, 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.

\\n

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

\\n

with a market cap of $95.82 billion, The video communications platform provider has started 2021 by losing 5%. So far this year it is under-performing the Nasdaq by 7.7%.

\\n\",\"\\n

Netflix closes at $539.42 after gaining 3.4% during the session

\\n

(Last update 5:56pm EST, April 1, 2021)

\\n

\\n

Netflix today at a glance – the streaming company went up to $539.42 and gained $17.76 compared to the $521.66 start of the day (3.4%). Trading volume was 3.82 million, below the daily average of 3.90 million.

\\n

Chart visual study suggests Netflix is eyeing resistance at $553.41 and is now only $14 away, whilst this indicates a slow down or reverse of direction around $553.41, crossing it might suggest a prolonged positive move. In terms of trend indicators, we can see that at $535.83, Netflix made an initial breakout above the 50 day Simple Moving Average, an indication of a positive trend. The CCI indicator is above 100. When the CCI (Commodity Channel Index) is at this level, it means the price is above the average price as measured by the indicator, indicating a possible start of a new uptrend. Asset volatility analysis shows that the upper Bollinger band is at $540.09, This is a slight indication of a slowdown.

\\n

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

\\n

With a market cap of $238.91 billion, The streaming heavyweight started in 2021 by losing 3.66%. So far this year it is under-performing the S&P by 9.12%.

\\n

\\n
\\n

Netflix rallied as Wall Street sees the stock poised for a turnaround https://t.co/7W8b3y93nQ

\\n

— Bloomberg Markets (@markets) April 1, 2021

\\n

\\n

\\n\",\"\\n

Stable day for Walmart, parking at $135.62

\\n

(Last update 5:41pm EST, April 1, 2021)

\\n

\\n

Walmart today at a glance – After starting the day at $135.83, Walmart went up to $136.89 only to drop back to the starting point and close at $135.62. Trading volume was 8.24 million, below the daily average of 10.09 million.

\\n

The Chart pattern study shows Walmart's resistance level is at $147.2. In terms of trend indicators, we can see that at $135.48, Walmart made an initial breakout below the 5 day Simple Moving Average, an indication of a negative trend. Asset volatility analysis shows that the upper Bollinger band is at $137.92, indicating a downward move might be next. On the other hand, note that the Relative Strength Index indicates Walmart is in overbought condition, keep an eye out for a slowdown of gains.

\\n

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

\\n

With a market cap of $382.05 billion, The warehouse store chain company started in 2021 by losing 6.13%. So far this year it is under-performing the Dow by 13.33%.

\\n\",\"\\n

Procter & Gamble is trading around $134.28 after losing 0.85% today

\\n

(Last update 5:41pm EST, April 1, 2021)

\\n

\\n

Procter & Gamble today at a glance – the consumer goods company dropped 0.85% early on and stayed at the $134.28 range. Trading volume was 7.07 million, below the daily average of 9.70 million.

\\n

The Chart pattern study shows Procter & Gamble's nearest support level is at $122.15. Momentum evaluation shows the Relative Strength Index has fallen below 70 – exiting overbought conditions and indicating possible moderate gains or a downward correction is ahead.

\\n

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

\\n

With a market cap of $330.66 billion, The consumer goods corporation started 2021 by losing 2.74%. So far this year it is under-performing the Dow by 9.94%.

\\n\",\"\\n

Walt Disney closes at $188.97 after gaining 2.41% during the session

\\n

(Last update 5:41pm EST, April 1, 2021)

\\n

\\n

Walt Disney today at a glance – after starting today at $184.52 Walt Disney went up to $189.1 only to drop back to the half way point range, closing at $188.97. Trading volume was 6.91 million, below the daily average of 331.73 million.

\\n

In terms of trend indicators, we can see that at $187.75, Walt Disney made an initial breakout above the 10 day Simple Moving Average, an indication of a positive trend. Momentum evaluation shows the Relative Strength Index has gone up above 30 – exiting oversold conditions and indicating a slowdown of gains.

\\n

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

\\n

With a market cap of $343.03 billion, The entertainment giant started in 2021 by gaining 1.81%. So far this year it is under-performing the Dow Jones by 5.39%.

\\n\",\"\\n

Coca-Cola is trading around $52.51 after losing 0.38% today

\\n

(Last update 5:41pm EST, April 1, 2021)

\\n

\\n

Coca-Cola today at a glance – light red but with no clear-cut direction, the soft drinks giant closed the session at $52.51 after ranging between $53.15 and $52.46. Trading volume was 15.14 million, below the daily average of 21.70 million.

\\n

Important graph levels to look out for: although Coca-Cola is down today and was as low as $52.46, it seems to be recovering slightly and climbing away from the $51.64 support line and is now 87 cents above it. In terms of trend indicators, we can see that at $52.95, Coca-Cola made an initial breakout below the 5 day Simple Moving Average, an indication of a negative trend.

\\n

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

\\n

With a market cap of $226.28 billion, The soft drink company started in 2021 by losing 4.04%. So far this year it is under-performing the Dow by 11.24%.

\\n

\\n
\\n

NEW: Delta and Coca-Cola, a day after coming out against the Georgia voting law, are facing blowback from Republicans. https://t.co/bT7244MKYs

\\n

— David Gelles (@dgelles) April 1, 2021

\\n

\\n

\\n\",\"\\n

Pfizer will open at $36.3 after gaining 0.19% today

\\n

(Last update 5:41pm EST, April 1, 2021)

\\n

\\n

Pfizer today at a glance – hesitant but green, Pfizer closed at $36.3 after ranging between $36.02 and $36.45. Trading volume was 19.28 million, below the daily average of 27.61 million.

\\n

An analysis of the Pfizer chart suggests Pfizer's immediate resistance is around $36.42, nearest support level is at $33.49. In terms of trend indicators, we can see that at $36.18, Pfizer made an initial breakout above the 5 day Simple Moving Average, an indication of a positive trend. 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. However, a slight indication of a slowdown comes from looking at the Bollinger bands: the upper band is at $36.69 – a high enough level to usually suggest Pfizer is trading above its value.

\\n

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

\\n

With a market cap of $202.49 billion, The pharmaceuticals and biotechnology company started 2021 by losing 1.6%. So far this year it is under-performing the Dow by 8.8%.

\\n

\\n
\\n

Pfizer says data shows that its vaccine is 91% effective at preventing Covid for up to 6 months. The drugmaker also says it protects against the South African strain based on a recent small trial. @megtirrell reports. https://t.co/CHmN85vBH3 pic.twitter.com/UJftGMlw4a

\\n

— CNBC (@CNBC) April 1, 2021

\\n

\\n

\\n\",\"\\n

McDonald's will open at $225.21 after gaining 0.48% today

\\n

(Last update 7:01pm EST, April 1, 2021)

\\n

\\n

McDonald's today at a glance – after starting today at $224.14 McDonald's went up to $226.19 only to drop back to the half way point range, closing at $225.21. Trading volume was 2.39 million, below the daily average of 3.74 million.

\\n

The chart pattern study shows McDonald'ss immediate resistance is around $225.75, nearest support level is at $215.98. In terms of trend indicators, we can see that at $224.47, McDonald's 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 McDonald's might continue pointing upwards in the short term.

\\n

With a market cap of $167.91 billion, The fast food company started in 2021 by gaining 4.27%. So far this year it is under-performing the Dow by 3.46%.

\\n\",\"\\n

Bitcoin continues a five day positive streak and is up $301.5 to $59,324

\\n

(Last update 7:01pm EST, April 1, 2021)

\\n

\\n

Currently light green but with no clear-cut direction, Bitcoin is trading at $59,324 after ranging today between $59,600 and $58,520.

\\n

As the day reaches an end, a chart visual study suggests the nearest resistance level is at $61,243. 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 $58,529, 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 50.75%.

\\n

\\n
\\n

Goldman Sachs to become the second big bank offering bitcoin to wealthy clients https://t.co/3qznciD7G8 pic.twitter.com/m7quXPgXS4

\\n

— Forbes (@Forbes) April 1, 2021

\\n

\\n

\\n\",\"\\n

Gold up 0.11%, trading around $1,730.3

\\n

(Last update 7:01pm EST, April 1, 2021)

\\n

\\n

Gold today at a glance – Gold recovered all the way back to $1,728.4 after dipping down to $1,706.4.

\\n

A study on Gold's chart pattern shows Gold could be slowing down soon because it is getting close and is now only $11.1 from the resistance line at $1,741.4, yet crossing it might suggest further gains are ahead. Asset volatility analysis shows that the upper Bollinger band is at $1,749.35, This is a slight indication of a slowdown. On the other hand, note that at $1,721.56, 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 a reverse of course in the short term might be next for Gold.

\\n

Gold started 2021 by losing 10.37%.

\\n

\\n
\\n

Gold etf's continue to fall https://t.co/vfWctlvzMa

\\n

— ForexLive (@ForexLive) April 1, 2021

\\n

\\n

\\n\",\"\\n

Crude oil up $1.79, trading around $61.24

\\n

(Last update 7:01pm EST, April 1, 2021)

\\n

\\n

Oil today at a glance – Crude oil rallied $1.79 (3.02%) deep into the session, closing at $61.24.

\\n

Important graph levels to look out for: nearest resistance level is at $67.48. In terms of trend indicators, we can see that at $60.69, Oil made an initial breakout above the 50 day Simple Moving Average, an indication of a positive trend.

\\n

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

\\n

Oil started in 2021 by gaining 17.9%.

\\n

\\n
\\n

Oil companies defeat New York City appeal over global warming https://t.co/YESch1wG0o pic.twitter.com/D3YHyANgVV

\\n

— Reuters (@Reuters) April 1, 2021

\\n

\\n

\\n\",\"\\n

Euro holds at 1.178

\\n

(Last update 7:01pm EST, April 1, 2021)

\\n

\\n

EUR/USD trading at 1.178 having started the day at 1.1777, overall a 0.02% move or 2 pips today.

\\n

As the day reaches an end, a chart visual study suggests the Euro's resistance level is at 1.1848. In terms of trend indicators, we can see that at 1.1774, Euro/Dollar made an initial breakout above the 5 day Simple Moving Average, an indication of a positive trend. Asset volatility analysis shows that the lower Bollinger band is at 1.1688, indicating a positive move might be next.

\\n

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

\\n

The Euro/Dollar started 2021 by losing 4.23%.

\\n\",\"\\n

The British Pound hovers around 1.3834

\\n

(Last update 7:11pm EST, April 1, 2021)

\\n

\\n

GBP/USD trading at 1.3834 having started the day at 1.3833, overall a 0.01% move or 1 pip today.

\\n

As the day reaches an end, a chart visual study suggests the pound's resistance level is at 1.4138. In terms of trend indicators, we can see that at 1.3784, pound/dollar 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 1.3895, indicating a downward move might be next.

\\n

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

\\n

The Pound/Dollar started in 2021 by gaining 0.54%.

\\n

\\n
\\n

UK reports 25 fresh cases of blood clots linked to AstraZeneca vaccine https://t.co/r4jBz8ujHp

\\n

— Financial Times (@FT) April 1, 2021

\\n

\\n

\\n\",\"\\n

Stable day for Dollar/Yen, trading around 110.62

\\n

(Last update 7:11pm EST, April 1, 2021)

\\n

\\n

USD/JPY trading at 110.62 with no clear-cut direction, ranging between 110.64 and 110.57.

\\n

As the day reaches an end, a chart visual study suggests Yen's nearest support level is at 105.04. 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. On the other hand, note that the upper Bollinger band is at 111.09, indicating a downward move might be next.

\\n

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

\\n

The Yen started in 2021 by gaining 6.46%.

\\n

\\n
\\n

Japan PM: Olympic torch relay in Osaka has been cancelled https://t.co/qfmw6szNfU pic.twitter.com/ogaUsjgaEc

\\n

— Reuters (@Reuters) April 1, 2021

\\n

\\n

\\n\",\"\\n

Swiss franc steady at 0.9421, no significant movement

\\n

(Last update 7:11pm EST, April 1, 2021)

\\n

\\n

The USD/CHF price varies between 0.9415 and 0.9429 and settles at 0.9421.

\\n

As the day reaches an end, a chart visual study suggests the Swiss franc nearest support level is at 0.87. In terms of trend indicators, we can see that at 0.9414, Dollar/Swiss made an initial breakout below the 5 day Simple Moving Average, an indication of a negative trend. Asset volatility analysis shows that the upper Bollinger band is at 0.9496, indicating a downward move might be next.

\\n

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

\\n

Dollar/Swiss started in 2021 by gaining 6.05%.

\\n\",\"\\n

Aussie/Dollar steady at 0.7618, no significant movement

\\n

(Last update 7:11pm EST, April 1, 2021)

\\n

\\n

AUD/USD recovered back to 0.7618 after dipping down to 0.7615 in a session that started at 0.7617.

\\n

As the day reaches an end, a chart visual study suggests the Australian dollar resistance level is at 0.7645. In terms of trend indicators, we can see that at 0.7616, Aussie/Dollar made an initial breakout above the 5 day Simple Moving Average, an indication of a positive trend.

\\n

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

\\n

The Australian dollar started 2021 by losing 1.29%.

\\n\\n\"],\"title\":\"Financial Markets Review – 1 April 2021 – 19:11:30\",\"date\":\"2021-04-01T23:11:30\"}"; var omg_ads = JSON.parse(decodeHtml(omg_ads_string)); } catch (e) { var omg_ads = JSON.parse(omg_ads_string); }