PIVOT POINT
Pivot point is an indicator that is used to determine the overall trend of the market over different time frames. It is simply the average of the high, low and closing prices from prior trading day. On the following day, trading above the pivot point is supposed to specify ongoing bullish sentiment, while trading below the pivot point shows bearish sentiment.
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 12:00 | CBI retail sales volume balance | Apr | |
| 01:01 | BRC Shop Price Index | Apr | |
| 01:30 | Unemployment Rate | Mar | |
| 05:04 | BoJ MPC Interest Rate Announcement | Apr | |
| 05:04 | Monetary Policy Meeting Minutes | ||
| 05:04 | BOJ Outlook Report | ||
| 07:00 | BOJ Core CPI | Mar | |
| 08:30 | Bank of Japan Press Conference | ||
| 09:00 | Unemployment Rate | 1 quarter |
