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The preliminary Purchasing Managers’ Index (PMI) for the UK manufacturing sector rose in the first month of this year
The primary manufacturing purchasing managers’ index (PMI) measures the activity level of manufacturing purchasing managers. A value above 50 indicates an expansion in this sector. A value below 50 indicates contraction. Traders follow these surveys
A growth in the strength of the pound in the markets after the release of UK Manufacturing PMI
The primary manufacturing purchasing managers’ index (PMI) measures the activity level of manufacturing purchasing managers. A value above 50 indicates an expansion in this sector. A value below 50 indicates contraction. Traders follow these surveys
No change in the market after the release of the British CPI index
The Consumer Price Index (CPI) measures changes in the prices of goods and services from the perspective of consumers. This index is an important method of measuring changes in purchasing power and inflationary trends. A value that is higher than expected
Technical analysis EURCAD time 2 hours: 2023-01-21
Currently, with the static failure of the resistance of the bottom of the pattern area, we can consider 3 patterns in the form of gartly-max gartly-bat. to achieve the third goal. The red lines in the 4-hour fractal time are formed by the change in the slope
Technical analysis of EURUSD time 3 hours and 30 minutes: 01-21-2023
in the higher fractal of 3 hours, we see growth and an upward wave in the form of a one-to-one channel located between 2 static resistance areas, with the pivot point located at the highest point of resistant level, which caused the formation of a strong
Technical analysis of GBPCHF time 2 hours :2023-01-21
In the previous analysis, we expected 2 targets after the pivot point failure and pullback up toThe 61.8 & 78.6 Fibo retracement areas. Now you can expect an ABCD pattern in the form of a wedge. There is A pivot at level 2 just above dynamic resistance in
Technical analysis of XAUUSD time 30 minutes: 2023-01-21
In the current situation we have 2 harmonic patterns BUTTERFLY – ANTI CYPHER. The resistance area that has formed a red rectangle is very strong due to the overlap of several Fibonacci areas. also has the large green pattern with it. Now we are in an
The annual Gross Domestic Product (GDP) of China.
Gross domestic product (GDP) measures annual changes in the inflation-adjusted value of all goods and services produced by the economy. This index is the most comprehensive measure of economic activity and the primary indicator of economic health. If the
Inflation increases in Canada as the consumer price index falls
The Canadian Consumer Price Index measures the average price level of a basket of goods and services purchased by consumers and reflects the rate of inflation. This index is the most important index for measuring inflation in the country. When the inflation
Price drop of the US dollar retail price index
The retail sales index measures the change in the value of total sales at the retail level. This index is the main index of consumer spending, which accounts for the majority of economic activities. The release of a value that is higher than expected should
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