Author - admin_fx20

USDCAD analysis for 02.05.2024

admin_fx202024-05-02T06:29:06+00:00

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

admin_fx202024-04-24T08:52:57+00:00

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

admin_fx202024-04-10T12:11:37+00:00

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...

GBPCAD analysis for 20.03.2024

admin_fx202024-03-20T06:29:36+00:00

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

Fundamental Analysis:

The GBPCAD pair is influenced by economic indicators and policy decisions from both the UK and Canada. Key factors include changes in global oil prices, affecting the Canadian dollar, and the UK’s economic policies, particularly around Brexit developments and trade negotiations. The pair can also be swayed by broader market sentiment and risk appetite.

Price Action:

On the H4 chart for GBPCAD, we observe...

EURUSD analysis for 06.03.2024

admin_fx202024-03-06T05:29:56+00:00

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

Fundamental Analysis:

The EUR/USD pair is a key indicator of the economic dynamics between the Eurozone and the United States. Factors such as interest rate decisions, employment data, and political stability within each economy can significantly influence this currency pair. With the Eurozone's economic performance closely tied to various geopolitical events and the US's focus on trade and monetary policy, the EUR/USD often reflects...

BTCUSD analysis for 29.02.2024

admin_fx202024-02-29T06:24:08+00:00

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

Fundamental Analysis:

Bitcoin, unlike traditional currencies or commodities, is influenced by factors such as regulatory news, technological developments, and its adoption by businesses and consumers. Market sentiment can also be significantly affected by global economic factors, security of the exchanges, and broader financial market trends. Bitcoin's decentralized nature makes it sensitive to perceived risk in blockchain technology and changes in sentiment towards cryptocurrency as...

NZDCAD analysis for 28.02.2024

admin_fx202024-02-28T05:09:56+00:00

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

Fundamental Analysis:

The NZD/CAD currency pair reflects the exchange rate between the New Zealand Dollar and the Canadian Dollar, two commodity-dependent economies. The NZD is often influenced by dairy prices and New Zealand's economic indicators, while the CAD is closely tied to oil prices and economic developments in Canada. Trade relationships with global partners, especially China and the United States, can significantly impact these...

CADJPY analysis for 21.02.2024

admin_fx202024-02-21T09:34:49+00:00

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

Fundamental Analysis:

In the foreign exchange market, the CAD/JPY pair signifies the value of the Canadian Dollar against the Japanese Yen. This currency pair is swayed by economic reports, monetary policy decisions, and geopolitical events from both Canada and Japan. Important economic indicators like inflation rates, employment data, and changes in gross domestic product are critical in influencing the strength of each currency. Decisions...