Author - admin_fx20

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...

XRPUSD analysis for 19.02.2024

admin_fx202024-02-19T08:07:21+00:00

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

Fundamental Analysis:

XRP, paired against the US Dollar as XRPUSD, is influenced by both cryptocurrency market sentiment and macroeconomic factors affecting the USD. Regulatory news specifically targeting Ripple, the company associated with XRP, can cause price fluctuations, as can broader market trends in blockchain and financial technology sectors. Additionally, changes in investor risk appetite, as well as developments in monetary policy from the US...

USDSEK analysis for 16.02.2024

admin_fx202024-02-16T07:04:30+00:00

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

Fundamental Analysis:

The USD/SEK currency pair is subject to a range of economic indicators from both the United States and Sweden, including interest rate decisions, GDP reports, and employment data. The strength of the US Dollar is closely tied to Federal Reserve policies and global risk sentiment. Conversely, the Swedish Krona is influenced by the Riksbank's monetary policy, as well as Sweden's trade balance...

Platinum analysis for 15.02.2024

admin_fx202024-02-15T06:30:04+00:00

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

Fundamental Analysis:

Platinum, when paired against the US Dollar, is influenced by both commodity-specific and broad economic factors. The fundamental drivers for platinum prices include its industrial applications, particularly in automotive catalytic converters, and jewelry demand. Macroeconomic variables, such as the strength of the US Dollar, inflation rates, and global economic health, also play a pivotal role. Additionally, the investment demand for platinum as...