Author - admin_fx20

BTCUSD analysis for 21.11.2023

Time Zone: GMT +2Time Frame: 4 Hours (H4)Fundamental Analysis:The BTCUSD pair represents the exchange rate between Bitcoin (BTC) and the US Dollar (USD). Factors influencing this cryptocurrency often include global economic sentiment, regulatory news concerning cryptocurrency, technological advancements within the blockchain space, and shifts in investor sentiment towards riskier assets. In particular, Bitcoin's price is sensitive to changes in regulatory environments, updates or forks in the blockchain technology, and the...

LTCUSD analysis for 20.11.2023

Time Zone: GMT +2Time Frame: 4 Hours (H4) Fundamental Analysis:The LTCUSD pair signifies the value of Litecoin (LTC) in terms of US dollars. Fundamental factors influencing LTC include adoption trends, technological advancements such as the implementation of MimbleWimble for privacy and scalability, and overall market sentiment towards altcoins. External influences like regulatory news, economic indicators from the US, and Bitcoin's market movements can also greatly affect LTCUSD. Given the volatility of...

USDZAR analysis for 17.11.2023 – [Cloned #22680]

Time Zone: GMT +2Time Frame: 4 Hours (H4) Fundamental Analysis:The USDZAR pair, representing the exchange rate between the US Dollar and the South African Rand, is influenced by the economic policies and political stability of both nations. Factors such as the US's interest rate decisions, economic data, and global market sentiment play a vital role in the USD's strength. For the ZAR, commodity prices, particularly precious metals that South Africa exports,...

BCHUSD analysis for 16.11.2023

Time Zone: GMT +2Time Frame: 4 Hours (H4)  Fundamental Analysis:The BCHUSD pair denotes the exchange rate between Bitcoin Cash (BCH) and the US Dollar (USD). Fundamentals affecting this pair include Bitcoin Cash's adoption rate, technological updates, and scalability solutions. Additionally, investor sentiment towards Bitcoin Cash as an alternative to Bitcoin, regulatory announcements regarding cryptocurrency, and economic indicators from the US, such as interest rate decisions and inflation figures, could significantly impact...

AUDUSD analysis for 15.11.2023

Time Zone: GMT +2Time Frame: 4 Hours (H4) Fundamental Analysis:The MACD is a widely used momentum indicator that helps traders identify potential trend reversals and strengths in a given asset. In the uploaded data, it is observed that the MACD histogram bars are green, indicating bullish momentum. Additionally, the MACD line is crossing over the green bars, which is a bullish signal. Moreover, the signal line is below the bars, reinforcing...

EURUSD analysis for 13.11.2023

Time Zone: GMT +2Time Frame: 4 Hours (H4) Fundamental Analysis:The EURUSD pair represents the exchange rate between the Euro (EUR) and the US Dollar (USD). Factors affecting this currency pair include key economic indicators from the Eurozone and the United States, such as interest rate decisions by the European Central Bank and the Federal Reserve, inflation rates, unemployment data, and manufacturing output. Additionally, geopolitical events, trade relations, and market sentiment towards...

LTCUSD analysis 10.11.2023

Time Zone: GMT +2Time Frame: 4 Hours (H4)Fundamental Analysis:The LTCUSD pairing is indicative of Litecoin's relative value to the US Dollar. Fundamental influences on Litecoin include technological advancements, adoption rates, and competitive positioning in the cryptocurrency market. Regulatory news and macroeconomic factors such as inflation rates and central bank policies that impact the US Dollar also have an indirect effect on LTCUSD. As Litecoin often follows Bitcoin's trend, it's important...

GBPNZD analysis for 09.11.2023

Time Zone: GMT +2Time Frame: 4 Hours (H4) Fundamental Analysis:The GBPNZD currency pair reflects the exchange rate between the British Pound (GBP) and the New Zealand Dollar (NZD). Factors that may affect this pair include differences in the economic outlook and monetary policies of the Bank of England and the Reserve Bank of New Zealand, trade relations between the United Kingdom and New Zealand, and global commodity prices, particularly dairy products...

EURNZD analysis for 08.11.2023

Time Zone: GMT +2Time Frame: 4 Hours (H4) Fundamental Analysis:The Euro to New Zealand Dollar (EURNZD) exchange rate is influenced by a variety of economic factors from both the Eurozone and New Zealand. The Eurozone’s performance is tracked through interest rate decisions by the European Central Bank, GDP growth rates, inflation, and the region's political stability and economic recovery. In New Zealand, an export-driven economy, commodity prices, especially for dairy and...

GBPAUD analysis for 07.11.2023

Time Zone: GMT +2Time Frame: 4 Hours (H4) Fundamental Analysis:The GBPAUD pair represents the exchange rate between the British Pound (GBP) and the Australian Dollar (AUD). Factors affecting this currency pair often include economic indicators from both the UK and Australia, such as interest rate decisions, GDP growth rates, employment changes, and trade balances. Additionally, global commodity prices, particularly metal and mineral markets, significantly impact the AUD due to Australia's large...