The jobless rate in New Zealand came in at 3.2 percent in the first quarter of 2022, Statistics New Zealand said - in line with expectations and unchanged from the previous quarter. The employment change was 0.1 percent on quarter - also matching forecasts and steady from the three months prior. more...
In the previous article "Multiple indicators on one chart" I presented the concept and the basics of how to use multiple indicators on one chart, without populating the screen with too many different details. The only purpose of that article was to present the system itself, to show how to create databases and how to take advantage of such databases, I did not provide the system code previous time. Here, we will start implementing the code, ...
New York Times stock, a diversified media company that includes newspapers, internet businesses, television, and radio stations, has declined by 15% over the last twenty-one trading days (one month) and currently stands at around $40. The daily chart was bounced from 200 SMA to below for the primary bearish reversal: the price is trying to break the bearish triangle pattern with 38.80 support level to below for 37.27 possible target to ...
Oil is likely to remain supported in the short term amid expectations Europe will soon announce a plan for oil imports and bets that the JCPOA nuclear deal will not be reinstated soon. The daily price is located near and below Ichimoku cloud: if the price breaks Ichimoku cloud to above together with 109 resistance level so the primary daily bullish reversal will be started; alternatively, the price will be on bearish ranging waiting for ...
This article will present a new technical trading tool, which is one of the most useful and meaningful tools that can help us to trade better and understand the market movement. Because one of the most useful features of technical indicators is that they can show us what prices can't show and this will be based on the calculation for every indicator, one of these useful indicators is the average directional index (ADX) indicator. We will learn this indicator ...
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