The Commodity Channel Index is an indicator developed by Donald Lambert. Despite the original purpose of the indicator to identify new trends, nowadays it is widely used to measure the current price level in relation to its average value.
This report measures the change of a country’s employment conditions from the previous month.
A bearish reversal pattern that continues the uptrend with a long white body. The next candle opens at a new high then closes below the midpoint of the body of the first candle.
Economists are scientists who study economics. They study market conditions by analyzing economic data that is released daily, and try to explain what is affecting the economy.