Industrial output in China was down 2.9 percent on year in April, the National Bureau of Statistics said on Monday - missing expectations for an increase of 0.4 percent and down from 5.0 percent in March. more...
Producer prices in Japan spiked a seasonally adjusted 1.2 percent on month in April, the Bank of Japan said on Monday. On a yearly basis, producer prices surged 10.0 percent - again topping forecasts for 9.4 percent and up from the upwardly revised 9.7 percent increase in the previous month (originally 9.5 percent). more...
In this article, you will learn in detail about a new useful technical indicator that can be used in your trading as per your trading style if it is suitable. This technical indicator is the Parabolic SAR. We will learn how to design a trading system to be used in the MetaTrader5 trading platform after writing the code of this trading system by the MetaQuotes Language Editor built in with the MetaTrader 5. If you want to learn how to get the MetaTrader ...
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The Euro looks ahead to important EU economic data releases while facing several headwinds, while EUR/USD tests 2017 lows. Weekly price broke 200 SMA for the bearish reversal: the price is located far below 200 SMA in the primary bearish area of the chart and trying to break 1.0471 support level on close weekly bar for the bearish trend to be continuing. But the weekly price is on oversold market condition according to UniRSI indicator, ...