Unemployment has decreased, according to the latest figures. Here is a question: if the unemployment rate drops, is everyone happy? Suppose that, in a very small country, 380 people are either working or would like to work (this group is the labour force), and suppose 38 of these are unemployed. The unemployment rate is 38 out of 380, or 10%: that is the ratio of the unemployed to the labour force. Here are two scenarios. ...
Daily price is on bullish market condition located near and above 100-day SMA (100 SMA) and 200-day SMA (200 SMA) for the ranging within the following key s/r reversal levels: 2052.09 resistance level located above 200 SMA/100 SMA ranging area of the chart, and2004.58 support level located near and below 200 SMA in the beginning of the bearish area. RSI indicator is estimating the ranging bullish trend to be continuing. ...
W1 price is on primary bullish condition with secondary correction with good possibility to reversal. The price was on correction since the middle of january this year: price was bounced from 1.2922 to start to be ranging near Senkou Span line which is the virtual border between the primary bearish and the primary bullish trend on the chart. Tenkan-sen line crossed Kijun-sen line of Ichimoku indicator to below which is indicating the primary bearish market condition in the near ...
Weekly price broke Ichimoku cloud for the bearish reversal to be bounced from 1.4465 support level;The price is started to be ranging within 1.4465 support and 1.5837 bullish resistance level near Ichimoku cloud;AbsoluteStrength indicator is estimating the bearish trend to be continuing with the secondary ranging. Trend: D1 - ranging bearishW1 - bearish breakdownMN1 - correction
Week Ahead: USD Upside Risk Into Payrolls, Sell AUD Rallies USD – Next week’s business activity and payrolls data should keep Fed rate expectations and the USD supported. EUR – We do not expect incoming inflation data to have any meaningful impact on rate expectations and the EUR. CAD – Growth data is unlikely to trigger bigger changes to rate expectations and the CAD. We expect oil price developments to remain key. ...
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