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NZDJPY

NZDJPY analysis for 05.01.2023

Time Zone: GMT +2Time Frame: 4 Hours (H4)Fundamental Analysis:The NZDJPY pair represents the exchange rate between the New Zealand Dollar (NZD) and the Japanese Yen (JPY). Fundamental drivers for this currency pair typically include the interest rate differential between the Reserve Bank of New Zealand and the Bank of Japan, trade balance data, and commodity price fluctuations, particularly dairy products for New Zealand. Additionally, Japan's status as a major exporter...

January 5, 2024By Forex NewsRead more...
AUDCAD

EURCAD analysis for 04.01.2023

Time Zone: GMT +2Time Frame: 4 Hours (H4)Fundamental Analysis:The EURCAD currency pair, represented in the H4 timeframe, is influenced by various economic factors. The Euro is affected by the European Central Bank's policy decisions, economic data releases from the Eurozone, and political stability within the EU. The Canadian Dollar is swayed by commodity prices, particularly oil, due to Canada's status as a major exporter. Trade relationships, economic indicators, and geopolitical...

January 4, 2024By Forex NewsRead more...
GOLD Bar

Gold analysis for 3.1.2024

Time Zone: GMT +2Time Frame: 4 Hours (H4)Fundamental Analysis:The fundamental analysis for the gold market, as of January 3, 2024, must take into account the current macroeconomic environment. Central bank policies, particularly the U.S. Federal Reserve's stance on interest rates amidst inflation concerns, are pivotal in shaping gold's valuation. Economic indicators such as employment data, manufacturing activity, and geopolitical events could introduce volatility, influencing gold's safe-haven appeal. Moreover, technological advancements...

January 3, 2024By Forex NewsRead more...
ethereum

ETHUSD analysis for 29.12.2023

Time Zone: GMT +2Time Frame: 4 Hours (H4)Fundamental Analysis:The ETHUSD pair represents the value of Ethereum in US dollars, with its price influenced by both cryptocurrency market sentiment and broader economic factors. Developments in the Ethereum blockchain, such as upgrades and protocol changes, can significantly impact its demand and value. Regulatory changes and policy decisions in major economies can also cause volatility, affecting investor confidence. The overall economic environment, including...

December 29, 2023By Forex NewsRead more...
EURUSD FLag

EURUSD analysis for 28.12.2023

Time Zone: GMT +2Time Frame: 4 Hours (H4)Fundamental Analysis:The EURUSD pair, a measure of the Euro against the US Dollar, is influenced by various economic indicators, policy decisions by the European Central Bank and the Federal Reserve, and geopolitical events. Recent shifts in interest rate differentials, trade balance data, and GDP growth rates are critical factors impacting this currency pair. Market sentiment is currently swayed by the Eurozone's economic recovery...

December 28, 2023By Forex NewsRead more...
AUDCAD

AUDCAD analysis for 27.12.2023

Time Zone: GMT +2Time Frame: 4 Hours (H4) Fundamental Analysis:The Australian Dollar (AUD) and Canadian Dollar (CAD) are both commodity currencies, and their exchange rate can be influenced by the prices of natural resources such as metals, oil, and gas. Australia's economic indicators, such as GDP growth, interest rate changes, employment rates, and commodity exports, play a significant role in the AUD's value. Similarly, Canada's economy is affected by its oil...

December 27, 2023By Forex NewsRead more...
Chiasmas 2024

Christmas Holidays 2023-2024

Dear Clients!

Please note that due to Christmas and New year holidays, Fxglory operating hours for Forex are rescheduled as follows: Date Operating Time December 25th Market is closed December 26th Opens at 09:30* January 1st Market is closed January 2nd Opens at 09:30* * Note: The mentioned time is GMT+2 (server time) We are delighted to have you and we look forward to serving you in the new year. Have a terrific 2024! Fxglory Team

December 24, 2023By Fxglory NewsRead more...
USA UFC

USDCHF analysis for 22.12.2023

Time Zone: GMT +2Time Frame: 4 Hours (H4) Fundamental Analysis:The USDCHF pair, representing the exchange rate between the U.S. Dollar and the Swiss Franc, is strongly influenced by both U.S. and Swiss economic indicators, monetary policies, and global risk sentiment. In particular, the U.S. Federal Reserve's interest rate decisions, economic data releases such as employment and inflation reports, and geopolitical tensions significantly affect the USD side of the pair. For the...

December 22, 2023By Forex NewsRead more...
EURUSD

EURUSD Market Analysis for 21.12.2023

Time Zone: GMT +2Time Frame: 4 Hours (H4) Fundamental Analysis:Fundamental factors affecting this currency pair include economic indicators from the Eurozone and the United States, such as GDP growth rates, unemployment figures, interest rate decisions by the ECB and the Fed, and inflation data. Additionally, geopolitical events, trade relations, and political stability within both economies can lead to fluctuations in this pair. Amidst a global landscape marked by post-pandemic recovery challenges...

December 21, 2023By Forex NewsRead more...
SILVEREUR Analysis

Silver Market Analysis for 20.12.2023

Time Zone: GMT +2Time Frame: 4 Hours (H4) Fundamental Analysis:The silver market, much like its counterpart gold, is heavily influenced by a host of macroeconomic factors, including industrial demand, inflation rates, and the performance of major currencies. It's also sensitive to geopolitical tensions and economic policies that can sway investor sentiment towards safe-haven assets like precious metals. Price Action:The H4 chart for silver indicates a period of volatility with a recent uptick...

December 20, 2023By Forex NewsRead more...