Author - admin_fx20

NZDUSD H4 Technical and Fundamental Analysis for 09.11.2024

Time Zone: GMT +3Time Frame: 4 Hours (H4)

Fundamental Analysis:

Upcoming economic data releases from both the U.S. and New Zealand will play a crucial role in determining the future direction of the NZD/USD pair. On the U.S. side, the most anticipated releases include the Core CPI m/m, which is expected to remain steady at 0.2%, and the overall CPI y/y, expected to dip slightly from 2.9% to 2.5%. These inflation figures...

Labor Day Announcement 2024

Dear Clients, Please note that due to the Labor Day celebration in the USA, on September 2, 2024 the trading hours for Metals (GOLD, SILVER, GOLDEURO, SILVEREURO, Palladium, Platinum) instruments will be changed. Trading on these instruments will be closed from 20:00 GMT+3 September 2, 2024 to 01:15 GMT+3 September 3, 2024. Please don't hesitate to contact us if you have any questions! Best Regards, Fxglory Management Team  

GBPUSD H4 Technical and Fundamental Analysis for 22.08.2024

Time Zone: GMT +3Time Frame: 4 Hours (H4)

Fundamental Analysis:

The GBP/USD news analysis today is currently influenced by several key economic indicators. For today, the focus is on the U.S. data releases, including Jobless Claims and PMI figures, which will provide insights into the U.S. economy's health. Stronger-than-expected data could bolster the U.S. Dollar, leading to potential changes in the GBP/USD exchange rate. On the other hand, the U.K.'s PMI data...

Independence Day Announcement 2024

Dear Clients, There will be a temporal change of the trading session schedule due to celebration of Independence Day in the USA. Please be informed that due to the celebration of Independence Day in the USA the 4th of July 2024, trading session schedule for the Metal instruments shall be restricted from 20:00 GMT+3 07.04.2024 till 01:15 GMT+3 07.05.2024. Please don't hesitate to contact us if you have any questions! Best Regards, Fxglory Management...

Juneteenth – US 2024

Dear Clients, Please be informed that due to the Juneteenth Holiday in the USA on the 19th of June 2024, trading session schedule for Metals shall be changed. Trading with the mentioned above instruments shall be restricted since 20:00 on 19.06.2024 till 01:15 on 20.06.2024 (GMT+3). Best Regards, Fxglory Management Team

Memorial Day 2024

Dear Clients, Please be informed that due to the celebration of Memory Day in the USA on the 27th of May 2024, trading session schedule for Metals shall be changed. Trading with the mentioned above instruments shall be restricted from 19:45 GMT+3 27.05.2024 till 01:15 GMT+3 28.05.2024. Best Regards, Fxglory Management Team

GBP/NZD Technical Analysis for 09.05.2024

Time Zone: GMT +3Time Frame: 4 Hours (H4)

Fundamental Analysis:

The GBP/NZD analysis reflects the dynamic between the British Pound and the New Zealand Dollar. Today, key economic indicators such as the Official Bank Rate and speeches by BOE Governor Bailey may significantly influence GBP. The Bank Rate has aligned with forecasts in recent months, stabilizing expectations, but any deviation today could sway GBP value. The MPC's unanimous vote projection suggests a...

USDCAD analysis for 02.05.2024

Time Zone: GMT +2Time Frame: 4 Hours (H4)

 

Fundamental Analysis:

The USD/CAD currency pair, often referred to as the "Loonie," mirrors the exchange rate between the U.S. Dollar and the Canadian Dollar. Key economic factors include oil prices due to Canada's substantial crude exports, interest rate differentials set by the Federal Reserve and the Bank of Canada, and trade balance data between the U.S. and Canada. Additionally, geopolitical events and market sentiment...

Platinum analysis for 24.04.2024

Time Zone: GMT +2Time Frame: 4 Hours (H4)

Fundamental Analysis:

Platinum's price is largely influenced by supply-demand dynamics, industrial usage, especially in automotive catalytic converters, and investment demand. It's important to consider the industrial health and economic indicators such as automobile sales, manufacturing data, and investment trends which can drive platinum prices. Additionally, mining supply disruptions or changes in recycling volumes can impact the market significantly.

Price Action:

The platinum market on the H4...

USDZAR analysis for 10.04.2024

Time Zone: GMT +2Time Frame: 4 Hours (H4)

Fundamental Analysis:

The USD/ZAR pair reflects the economic dynamics between the United States and South Africa. Key fundamental factors that could influence USD/ZAR include interest rate decisions from the Federal Reserve and the South African Reserve Bank, economic data releases such as employment statistics, GDP growth, trade balances, and manufacturing data. The U.S. dollar is a primary reserve currency and is often influenced by...