Gross domestic product (GDP) measures annual changes in the inflation-adjusted value of goods and services produced by the economy. This index is the broadest measure of economic activity and the primary indicator of economic health. Publishing a higher than
The unemployment rate index measures the percentage of the total unemployed workforce who are actively looking for work in the last month. Publishing a higher than expected figure should be considered negative/bearish for CAD, while reporting a lower than
The S&P stock has created a harmonic pattern in its downtrend movement after breaking the trend line with a higher slope in the higher time frame. Currently, facing a resistance level from the previous movements and in the range of 4136.85, three ranges
In the monthly time frame of the EURGBP currency pair, the process can be seen as a combination of different patterns formed inside. In the last movement and in the low times, the area of the green box is the best place to make a decision. In the day time, we
The University of Michigan’s Consumer Sentiment Index assesses the relative level of current and future economic conditions. Two versions of this data are released at two-week intervals, a preliminary and a revised version. Primary data tend to be more
The unemployment rate measures the percentage of the total labor force that was unemployed and actively looking for work in the past month. A higher-than-expected number should be considered negative/bearish for the dollar, while a lower-than-expected number
In the previous analysis as a reduction in the fluctuation range was expected, we reached the desired targets in the ranges of 1.23690 and 1.22324. We also had a reaction to the trend line, but with the negative divergence in the higher time between the 2
(CB) Consumer Confidence measures the degree of consumer confidence in economic activities. This index is a leading indicator of consumer spending because it can predict consumer spending, which plays an important role in economic activity. The release of a
Gross domestic product (GDP) measures the annual change in the inflation-adjusted value of goods and services produced by the economy. This index is the most comprehensive measure of economic activity and the primary indicator of economic health. Canada
Preliminary estimates for January show that the commodity price index increased by 3.7% on average in SDR terms after a 5.0% decline in December. The non-rural sub-index rose in the month, while the rural and base metals sub-indexes were unchanged. In terms