\\n

\\n\",\"\\n

After starting the day at 32,982, Dow Jones moves up to 33,153 (up 171.61 points)

\\n

(Last update 5:52pm EST, April 2, 2021)

\\n

\\n

Dow yesterday at a glance – after starting yesterday 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 33,218, 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 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 started 2021 by gaining 7.72%.

\\n

\\n
\\n

What to watch today: Stocks to rise after Dow, S&P 500 had best month since November https://t.co/FGKXmGHMiJ

\\n

— CNBC (@CNBC) April 1, 2021

\\n

\\n

\\n\",\"\\n

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

\\n

(Last update 5:52pm EST, April 2, 2021)

\\n

\\n

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

\\n

The Chart pattern study shows S&P 500 immediate resistance is around 4,029.41, nearest support level is at 3,811. 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 4,033.3 – a high enough level to usually suggest the S&P 500 is trading above its value.

\\n

Overall, the technical analysis suggests the S&P 500 is neutral for the immediate future, with no clear-cut direction.

\\n

The S&P started 2021 by gaining 6.64%.

\\n\",\"\\n

Apple will open at $123 after gaining 0.7% yesterday

\\n

(Last update 5:52pm EST, April 2, 2021)

\\n

\\n

Apple yesterday at a glance – hesitant but green, Apple closed at $123 after ranging between $122.49 and $124.18. Trading volume was 75.09 million, below the daily average of 104.58 million.

\\n

Important graph levels to look out for: Apple could be slowing down soon because it is getting close and is now only $2.57 from the resistance line at $125.57, yet crossing it might suggest further gains are ahead. Asset volatility analysis shows that a slight indication of a slowdown comes from looking at the Bollinger bands: the upper band is at $125.31 – a high enough level to usually suggest Apple is trading above its value. 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 Apple.

\\n

with a market cap of $2.06 trillion, The sleek phone manufacturer started in 2021 by losing 7.93%. So far this year it is under-performing the S&P 500 by 14.57%.

\\n

\\n
\\n

Apple CEO Tim Cook spoke out against Georgia’s new voting restrictions. Read more here: https://t.co/oVRiB5AR1K $AAPL pic.twitter.com/MwAzCU5lN3

\\n

— Reuters Business (@ReutersBiz) April 2, 2021

\\n

\\n

\\n\",\"\\n

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

\\n

(Last update 5:52pm EST, April 2, 2021)

\\n

\\n

After starting the day at $294.53, Facebook rallied to $302.4, hitting its highest point in 7 months, It later lost $3.74 and closed at $298.66

\\n

visual analysis of Facebook's price graph shows Facebook's immediate resistance is around $301.84, 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 the upper Bollinger band is at $302.52, This is a slight indication of a slowdown.

\\n

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

\\n

With a market cap of $850.49 billion, The social media company started in 2021 by gaining 8.66%. So far this year it is outperforming the S&P 500 by 2.02%.

\\n

\\n
\\n

Facebook is blocked in China, but some staff at the social-media giant are concerned over advertisements that Beijing is taking out purporting to show Muslim Uyghurs thriving in China’s Xinjiang region https://t.co/QC7pJisZyR

\\n

— The Wall Street Journal (@WSJ) April 2, 2021

\\n

\\n

\\n\",\"\\n

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

\\n

(Last update 5:52pm EST, April 2, 2021)

\\n

\\n

Amazon yesterday at a glance – Jeff Bezos’s company 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 3.09 million.

\\n

Amazon chart analysis: Amazon immediate resistance is around $3,177, nearest support level is at $3,028. 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. 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. On the other hand, note that a slight indication of a slowdown comes from looking at the Bollinger bands: the upper band is at $3,167 – a high enough level to usually suggest Amazon is trading above its value.

\\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, Jeff Bezos’s company started in 2021 by losing 3.1%. So far this year it is under-performing the S&P 500 by 9.74%.

\\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 will open at $242.35 after gaining 2.79% yesterday

\\n

(Last update 1:26pm EST, April 2, 2021)

\\n

\\n

Microsoft yesterday at a glance – after starting yesterday at $235.77 Microsoft went up to $242.64 only to drop back to the half way point range, closing at $242.35. Trading volume was 30.34 million, below the daily average of 31.57 million.

\\n

Important graph levels to look out for: Microsoft immediate resistance is around $243.98, nearest support level is at $236.94. 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. 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 Microsoft is in overbought condition. Asset volatility analysis shows that a slight indication of a slowdown comes from looking at the Bollinger bands: the upper band is at $243.29 – a high enough level to usually suggest Microsoft is trading above its value.

\\n

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

\\n

With a market cap of $1.83 trillion, The software giant started in 2021 by gaining 8.45%. So far this year it is outperforming the Dow Jones by 0.73%.

\\n

\\n
\\n

Twitter, Microsoft, MLB Among Group Denouncing Voting Restrictions https://t.co/jAzkrEQnhP pic.twitter.com/Dx5RUkq2iy

\\n

— Forbes (@Forbes) April 2, 2021

\\n

\\n

\\n\",\"\\n

Google closes at $2,137.75 after gaining 3.34% during the session

\\n

(Last update 1:26pm EST, April 2, 2021)

\\n

\\n

Google yesterday at a glance – after starting the day at $2,068.63 the leading search engine company went up to $2,143 only to drop back to the half way point range and is now trading at $2,137.75. Trading volume was 1.70 million, above the daily average of 1.50 million.

\\n

Important graph levels to look out for: Google immediate resistance is around $2,154.83, nearest support level is at $2,024.17. 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, a slight indication of a slowdown comes from looking at the Bollinger bands: the upper band is at $2,135.81 – a high enough level to usually suggest Google is trading above its value.

\\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 leading search engine company started in 2021 by gaining 18.65%. So far this year it is outperforming the S&P by 12%.

\\n

\\n
\\n

Google wants employees back in the office early, possibly hurting the remote-work trend https://t.co/4MBU3BjOeH pic.twitter.com/HhuMXYRzIg

\\n

— Forbes (@Forbes) April 2, 2021

\\n

\\n

\\n\",\"\\n

Tesla is trading around $661.75 after losing 0.93% yesterday

\\n

(Last update 1:26pm EST, April 2, 2021)

\\n

\\n

Tesla yesterday 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 35.58 million.

\\n

Visual analysis of the Tesla's price graph shows Tesla's nearest support level is at $563. Asset volatility analysis shows that the upper Bollinger band is at $685.98, indicating a further downward move might be next.

\\n

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

\\n

With a market cap of $635.18 billion, Elon Musk's electric cars company started in 2021 by losing 6.58%. So far this year it is under-performing the Nasdaq by 11.05%.

\\n

\\n
\\n

Tesla's first-quarter deliveries break previous record, beat expectations https://t.co/iPO9cVuvau pic.twitter.com/qPz9nzNtSC

\\n

— Reuters (@Reuters) April 2, 2021

\\n

\\n

\\n\",\"\\n

Zoom is growing its four-day winning streak closing at $326.23, gaining 1.54%.

\\n

(Last update 1:26pm EST, April 2, 2021)

\\n

\\n

Zoom yesterday 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 2.85 million, below the daily average of 3.68 million.

\\n

Zoom's graph levels to watch: 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 $338.62, 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 Zoom.

\\n

with a market cap of $95.82 billion, The video communications platform provider started in 2021 by losing 3.45%. So far this year it is under-performing the Nasdaq by 7.92%.

\\n\",\"\\n

Netflix will open at $539.42 after gaining 3.4% yesterday

\\n

(Last update 1:26pm EST, April 2, 2021)

\\n

\\n

Netflix yesterday 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 3.94 million, around the average daily.

\\n

The Chart visual study suggests Netflix's immediate resistance is around $544.13, nearest support level is at $502.86. 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. However, the upper Bollinger band is at $544.75, This is a slight indication of a slowdown.

\\n

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

\\n

With a market cap of $238.91 billion, The streaming company started in 2021 by losing 0.25%. So far this year it is under-performing the S&P by 6.89%.

\\n

\\n
\\n

International hits like Netflix's "Lupin" are creating booming global demand for once-humble voiceover artists — with dubbed programs catching on even in the U.S. https://t.co/xKdWyxm8NE

\\n

— Bloomberg (@business) April 2, 2021

\\n

\\n

\\n\",\"\\n

Walmart steady at $135.62, no significant movement

\\n

(Last update 6:41pm EST, April 2, 2021)

\\n

\\n

Walmart yesterday 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 9.98 million.

\\n

A study of Walmart's chart pattern shows Walmart's nearest support level is at $127.53. 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 $137.57, indicating a downward move might be next. In contrast, The Relative Strength Index indicates Walmart is in overbought condition.

\\n

Overall, looking at all the technical indicators, 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 6.28%. So far this year it is under-performing the Dow Jones by 14%.

\\n\",\"\\n

Procter & Gamble closes at $134.28, up $1.15, adding one more to its four straight days of losses

\\n

(Last update 6:41pm EST, April 2, 2021)

\\n

\\n

Procter & Gamble yesterday at a glance – the consumer goods company dropped 0.85% early on and stayed at the $134.28 range. Trading volume was 9.12 million, below the daily average of 10.21 million.

\\n

The Chart pattern study shows the nearest support level is at $122.15.

\\n

With a market cap of $330.66 billion, The consumer goods corporation started 2021 by losing 3.59%. So far this year it is under-performing the Dow Jones by 11.31%.

\\n\",\"\\n

Walt Disney will open at $188.97 after gaining 2.41% yesterday

\\n

(Last update 6:41pm EST, April 2, 2021)

\\n

\\n

Walt Disney yesterday at a glance – after starting the day at $184.52 the entertainment and content production company went up to $189.1 only to drop back to the half way point range and is now trading at $188.97. Trading volume was 7.75 million, below the daily average of 11.09 million.

\\n

Visual analysis of the Walt Disney's price graph shows Walt Disney's nearest resistance level is at $197.51, followed by $201.91 at the next level. 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. Asset volatility analysis shows that the upper Bollinger band is at $192.89, This is a slight indication of a slowdown.

\\n

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

\\n

With a market cap of $343.03 billion, The entertainment and content production company started in 2021 by gaining 4.22%. So far this year it is under-performing the Dow by 3.5%.

\\n\",\"\\n

Coca-Cola closes at $52.51, up 20 cents, adding one more to its four straight days of losses

\\n

(Last update 6:41pm EST, April 2, 2021)

\\n

\\n

Coca-Cola yesterday at a glance – light red but with no clear-cut direction, the soft drink company closed the session at $52.51 after ranging between $53.15 and $52.46. Trading volume was 15.83 million, below the daily average of 21.59 million.

\\n

chart visual study suggests that 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 4.42%. So far this year it is under-performing the Dow by 12.14%.

\\n

\\n
\\n

Coca-Cola CEO James Quincey is escalating his criticism against recently passed voting laws in Georgia, saying he wants to be "crystal clear and state unambiguously that we are disappointed" in the legislation. https://t.co/pFda50mwuw

\\n

— CNN Business (@CNNBusiness) April 2, 2021

\\n

\\n

\\n\",\"\\n

Pfizer will open at $36.3 after gaining 0.19% yesterday

\\n

(Last update 6:41pm EST, April 2, 2021)

\\n

\\n

Pfizer yesterday at a glance – hesitant but green, Pfizer closed at $36.3 after ranging between $36.02 and $36.45. Trading volume was 21.32 million, below the daily average of 27.86 million.

\\n

A study of Pfizer's chart pattern shows Pfizer's immediate resistance is around $36.49, 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. Asset volatility analysis shows that a slight indication of a slowdown comes from looking at the Bollinger bands: the upper band is at $36.76 – a high enough level to usually suggest Pfizer is trading above its value.

\\n

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

\\n

With a market cap of $202.49 billion, The pharmaceuticals and biotechnology company started 2021 by losing 1.41%. So far this year it is under-performing the Dow by 9.13%.

\\n

\\n
\\n

Pfizer announced its vaccine protects people for at least 6 months, also roughly 91% effective at preventing the virus after the second shot.
CNBC's @megtirrell has the latest. pic.twitter.com/oNVkmLguJk

\\n

— The News with Shepard Smith (@thenewsoncnbc) April 1, 2021

\\n

\\n

\\n\",\"\\n

McDonald's closes at $225.21 after gaining 0.48% during the session

\\n

(Last update 6:51pm EST, April 2, 2021)

\\n

\\n

McDonald's yesterday at a glance – after starting the day at $224.14 the fast food company went up to $226.19 only to drop back to the half way point range and is now trading at $225.21. Trading volume was 2.44 million, below the daily average of 3.69 million.

\\n

Visual analysis of the McDonald's's price graph shows McDonald'ss immediate resistance is around $226.53, nearest support level is at $204.84. 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. Japanese candlesticks formations detected today are the "morning star”, Whenever it appears on top of a bullish overall trend, some traders would consider this an indication of a reversal, of course.

\\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 4.74%. So far this year it is under-performing the Dow by 2.98%.

\\n\",\"\\n

Bitcoin is growing its six-day winning streak and is trading at $59,235, gaining $75.6.

\\n

(Last update 6:51pm EST, April 2, 2021)

\\n

\\n

Currently light green but with no clear-cut direction, Bitcoin is trading at $59,235 after ranging today between $60,255 and $58,900.

\\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 $59,054, usually an indication that a negative trend is ahead. 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, the technical analysis suggests Bitcoin is neutral for the immediate future, with no clear-cut direction.

\\n

With a market cap of 1.11 trillion, Bitcoin started in 2021 by gaining 50.63%.

\\n

\\n
\\n

Ether, the world’s second-largest cryptocurrency rose to $2,000 for the first time, as the rally in digital assets continues to broaden beyond Bitcoin https://t.co/aQDv5NCIlH

\\n

— Bloomberg (@business) April 2, 2021

\\n

\\n

\\n\",\"\\n

Gold up 0.11%, trading around $1,730.3

\\n

(Last update 6:51pm EST, April 2, 2021)

\\n

\\n

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

\\n

A study of Gold's graph shows key levels to watch: 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 $1,749.53, This is a slight indication of a slowdown. However, 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 9.64%.

\\n

\\n
\\n

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

\\n

— ForexLive (@ForexLive) April 1, 2021

\\n

\\n

\\n\",\"\\n

Oil climbs to $61.24 up $1.79

\\n

(Last update 6:51pm EST, April 2, 2021)

\\n

\\n

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

\\n

The chart visual study suggests that although oil is green today and was as high as $61.73, it seems to be slowing down slightly and moving away from the $63.53 resistance line, and is now $2.29 below it. 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, technical indicators suggest crude oil has no obvious direction for the immediate future.

\\n

Crude oil started in 2021 by gaining 21.75%.

\\n

\\n
\\n

Pioneer Natural Resources says it will buy DoublePoint Energy, a privately held oil and gas company, in a transaction worth about $6.4 billion.

\\n

It's a show of confidence as oil prices recover from the pandemic. https://t.co/Jrw8WPk2QC

\\n

— CNN Business (@CNNBusiness) April 2, 2021

\\n

\\n

\\n\",\"\\n

Euro down slightly to 1.176 (down 16 pips) after starting the day at 1.1777

\\n

(Last update 6:51pm EST, April 2, 2021)

\\n

\\n

EUR/USD dropped from 1.1777 to 1.176, losing 16 pips (0.14%).

\\n

As the day reaches an end, a chart visual study suggests Euro/Dollar immediate support is around 1.1759, resistance level is at 1.1848. In terms of trend indicators, we can see that at 1.1774, Euro made an initial breakout below the 5 day Simple Moving Average, an indication of a negative trend. Asset volatility analysis shows that a slight indication of recovery comes from looking at the Bollinger bands: the lower band is at 1.1679 – a low enough level to usually suggest the Euro is trading below its value.

\\n

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

\\n

The Euro/Dollar started 2021 by losing 4.23%.

\\n\",\"\\n

Steady Pound/Dollar holds at 1.3835

\\n

(Last update 7:11pm EST, April 2, 2021)

\\n

\\n

A mostly flat day so far for GBP/USD ranging between 1.3853 and 1.381 and is now at 1.3835.

\\n

As the day reaches an end, a chart visual study suggests the British Pound is flirting with the 1.3822 immediate support line. In terms of trend indicators, we can see that at 1.3846, pound/dollar made an initial breakout above the 21 day Simple Moving Average, an indication of a positive trend. Asset volatility analysis shows that the upper Bollinger band is at 1.3885, indicating a downward move might be next.

\\n

Overall, technical indicators suggest the Pound/Dollar has no obvious direction for the immediate future.

\\n

The Pound/Dollar started in 2021 by gaining 1.21%.

\\n

\\n
\\n

UK says it is gravely concerned about Russian military activity threatening Ukraine https://t.co/l7nat27Fpo pic.twitter.com/SK0Pv3WRvS

\\n

— Reuters (@Reuters) April 2, 2021

\\n

\\n

\\n\",\"\\n

Yen goes back up to March 2020 levels, reaching 110.75

\\n

(Last update 7:11pm EST, April 2, 2021)

\\n

\\n

Starting the session at 110.61, USD/JPY rallied above 110.75 for the first time in 1 year, gaining 6 pips, and is now trading at 110.67.

\\n

As the day reaches an end, a chart visual study suggests the Dollar/Yen nearest support level is at 105.04. Momentum evaluation shows The Relative Strength Index indicates the Dollar/Yen is in strong overbought condition. Asset volatility analysis shows that the upper Bollinger band is at 111.3, indicating a downward move might be next.

\\n

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

\\n

The Dollar/Yen started 2021 by gaining 6.65%.

\\n

\\n
\\n

Japan and United States aim to cooperate on chip supply: Nikkei https://t.co/zlNPOoM19q pic.twitter.com/W9vjhi9KQS

\\n

— Reuters Business (@ReutersBiz) April 2, 2021

\\n

\\n

\\n\",\"\\n

Swiss franc steady at 0.9429, no significant movement

\\n

(Last update 7:11pm EST, April 2, 2021)

\\n

\\n

USD/CHF is trading steadily today, ranging between 0.9437 and 0.9405 and is now at 0.9429.

\\n

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 0.9511, indicating a downward move might be next. However, dollar/swiss might start to recover soon because it is getting closer and is now only 71 pips from the support line at 0.9357, obviously dipping below it could be an indication that further losses are ahead.

\\n

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

\\n

Dollar/Swiss started in 2021 by gaining 6%.

\\n\",\"\\n

Steady Aussie/Dollar holds at 0.7609

\\n

(Last update 7:11pm EST, April 2, 2021)

\\n

\\n

The AUD/USD price varies between 0.7594 and 0.7638 and settles at 0.7609.

\\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 0.7618, Australian dollar made an initial breakout below the 5 day Simple Moving Average, an indication of a negative trend. Asset volatility analysis shows that the lower Bollinger band is at 0.7536, indicating a positive move might be next.

\\n

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

\\n

The Aussie/Dollar started 2021 by losing 1.05%.

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