Time Zone: GMT +2Time Frame: 4 Hours (H4) Fundamental Analysis:The EURJPY currency pair captures the exchange rate between the Euro and the Japanese Yen, two significant global currencies. The Euro's value may be influenced by economic indicators from the Eurozone, such as GDP growth rates, inflation, and the European Central Bank's monetary policy decisions. Conversely, the Japanese Yen is often viewed as a safe-haven currency and can be affected by Japan's...
Time Zone: GMT +2Time Frame: 4 Hours (H4) Fundamental Analysis:The AUDUSD pair, representing the Australian Dollar against the US Dollar, is influenced by a myriad of economic factors. Central bank policies, specifically the Reserve Bank of Australia (RBA) and the Federal Reserve (Fed), significantly impact this currency pair. Commodity prices, especially iron ore and coal, are crucial for the AUD due to Australia's export-driven economy. Meanwhile, the USD is swayed by...
Time Zone: GMT +2Time Frame: 4 Hours (H4)Fundamental Analysis:The NZDCHF currency pair reflects the economic interplay between New Zealand and Switzerland, with key influences including dairy trade dynamics, as New Zealand is a leading dairy exporter, and Switzerland's financial market stability. Recent movements may be affected by the differing interest rate policies of the Reserve Bank of New Zealand and the Swiss National Bank. Additionally, global risk sentiment and commodity...
Time Zone: GMT +2Time Frame: 4 Hours (H4)
Time Zone: GMT +2Time Frame: 4 Hours (H4)
Time Zone: GMT +2Time Frame: 4 Hours (H4) Fundamental Analysis:The USDCAD pairing encapsulates the economic dynamics between the United States and Canada, where factors such as trade relationships, oil price fluctuations (due to Canada's status as a significant oil exporter), and the monetary policies from the Federal Reserve and the Bank of Canada are of particular relevance. Current trends are likely influenced by variations in both countries' interest rate trajectories, employment...
Dear Clients, Due to the celebration of Thanksgiving Day in the United States, the trading time for metals will end at 19:45 UTC +2 on 23.11.2023 and 24.11.2023. Best Regards, Fxglory Management Team
Time Zone: GMT +2Time Frame: 4 Hours (H4) Fundamental Analysis:In the EUR/USD currency pair, a technical analysis reveals some interesting insights. The Ichimoku cloud indicator shows that the candles are currently trading above the cloud, suggesting a potential bullish bias. However, it's worth noting that both the base and conversion lines are positioned below the candles, indicating that while there might be some short-term bullish momentum, the longer-term trend may still...
