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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 admin_fx20Forex NewsRead more...

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 admin_fx20Forex NewsRead more...

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 admin_fx20Forex NewsRead more...

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 admin_fx20Fxglory NewsRead more...

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 admin_fx20Forex NewsRead more...

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 admin_fx20Forex NewsRead more...

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 admin_fx20Forex NewsRead more...

EURUSD analysis for 19.12.2023

Time Zone: GMT +2Time Frame: 4 Hours (H4) Fundamental Analysis:EURUSD, the currency pair that measures the value of the Euro against the US Dollar, is influenced by the economic performance and policies of the Eurozone and the United States. Factors such as interest rate decisions by the European Central Bank and the Federal Reserve, economic data releases (e.g., employment, inflation rates), and geopolitical events can significantly impact the value of EURUSD....

December 19, 2023By admin_fx20Forex NewsRead more...

BCHUSD analysis for 18.12.2023

Time Zone: GMT +2Time Frame: 4 Hours (H4) Fundamental Analysis:Bitcoin Cash (BCHUSD) mirrors the market dynamics between Bitcoin Cash (BCH) and the US Dollar (USD). Fundamental influencers include network updates, adoption rates, and regulatory shifts within the crypto space, particularly policies affecting Bitcoin Cash. Additionally, the USD's strength, influenced by Federal Reserve policies and macroeconomic indicators such as inflation and employment data, can significantly impact BCHUSD's value. The crypto market sentiment,...

December 18, 2023By admin_fx20Forex NewsRead more...

GBPCAD analysis for 15.12.2023

Time Zone: GMT +2Time Frame: 4 Hours (H4) Fundamental Analysis:The GBPCAD pair reflects the exchange rate between the British Pound (GBP) and the Canadian Dollar (CAD). This currency pair is influenced by economic indicators from both the UK and Canada, including interest rate decisions by the Bank of England and the Bank of Canada, GDP growth rates, and trade balance data. Additionally, global oil prices significantly impact the CAD due to...

December 15, 2023By admin_fx20Forex NewsRead more...

Author - admin_fx20