Alfred Leon - Fxglory Ltd

EURUSD Analysis for 03.05.2024

Time Zone: GMT +3Time Frame: 4 Hours (H4) Fundamental Analysis:The EUR/USD pair is heavily influenced by economic releases from both the Eurozone and the United States. Today's focus is on critical U.S. economic data: Average Hourly Earnings, Non-Farm Employment Change, the Unemployment Rate, and ISM Services PMI. These indicators are significant as they provide insights into economic health and labor market conditions in the U.S., potentially affecting Federal Reserve's monetary policy...

May 3, 2024By Alfred LeonForex News0 CommentsRead more...

USDCAD analysis for 01.05.2024

Time Zone: GMT +2Time Frame: 4 Hours (H4)Fundamental Analysis:The USD/CAD pair reflects the economic interplay between the United States and Canada, with factors like oil prices, trade policies, and relative economic performance playing significant roles. The strength of the US dollar is influenced by America's economic indicators, Federal Reserve policies, and global market sentiment. Conversely, the Canadian dollar often reacts to shifts in commodity prices, especially crude oil, given Canada's...

May 1, 2024By Alfred LeonForex News0 CommentsRead more...

EURAUD-H4-Daily-Technical-Analysis-On-30.04.2024

EURAUD analysis for 30.04.2024

Time Zone: GMT +2Time Frame: 4 Hours (H4) Fundamental Analysis:The EUR/AUD pair is greatly influenced by the economic health and monetary policies of the Eurozone and Australia. Interest rate differentials, economic growth disparity, and global risk sentiment are key drivers. Europe's energy situation and Australia's export performance, particularly in minerals and resources, provide additional context. The Euro might be pressured by internal political dynamics, while the Australian Dollar might react to...

April 30, 2024By Alfred LeonForex News0 CommentsRead more...

BTCUSD analysis for 29.04.2024

Time Zone: GMT +2Time Frame: 4 Hours (H4) Fundamental Analysis:Bitcoin, traded against the US Dollar as BTC/USD, is influenced by a myriad of fundamental factors, including regulatory news, adoption by institutional investors, and broader economic indicators that affect cryptocurrency market sentiment. Technological advancements and network upgrades, such as improvements in blockchain scalability and security, can also affect Bitcoin's value. Macroeconomic uncertainty, like inflation or currency devaluation, often increases interest in Bitcoin...

April 29, 2024By Alfred LeonForex News0 CommentsRead more...

GBPNZD-H4--Daily-Technical-Analysis-on-26.04

GBPNZD analysis for 26.04.2024

Time Zone: GMT +2Time Frame: 4 Hours (H4) Fundamental Analysis:The GBPNZD pair reflects the economic dynamics between the UK and New Zealand. Factors such as interest rate differentials, economic releases from both nations, and global risk sentiment significantly influence this pair. The UK’s economic health can be assessed by indicators like GDP, employment data, and Brexit developments, while New Zealand’s dairy exports and tourism sector are critical to its currency's strength....

April 26, 2024By Alfred LeonForex News0 CommentsRead more...

XRPUSD analysis for 25.04.2024

Time Zone: GMT +2Time Frame: 4 Hours (H4) Fundamental Analysis:XRP, often known as Ripple, is a cryptocurrency that operates on a digital payment platform known as Ripple Net, which is on top of a distributed ledger database called XRP Ledger. XRP's price can be influenced by regulatory news concerning cryptocurrencies, partnerships secured by Ripple with financial institutions, and the overall sentiment in the crypto market. Additionally, legal proceedings, such as the...

April 25, 2024By Alfred LeonForex News0 CommentsRead more...

SILVER-H4-Daily Market Analysis on 23.04.2024

SILVER analysis for 23.04.2024

Time Zone: GMT +2Time Frame: 4 Hours (H4) Fundamental Analysis:Silver, as depicted by the SILVER/USD currency pair, is influenced by a spectrum of fundamental factors including industrial consumption, mining output, and economic indicators that drive the US Dollar, like interest rates and inflation figures. Silver's dual nature as an industrial metal and a monetary instrument means its demand could be shaped by technological advancements and economic trends. The metal's price is...

April 23, 2024By Alfred LeonForex News0 CommentsRead more...

EURUSD analysis for 22.04.2024

Time Zone: GMT +2Time Frame: 4 Hours (H4) Fundamental Analysis:The EUR/USD currency pair is highly influenced by economic policies, interest rates, and economic data from both the Eurozone and the United States. With the European Central Bank's monetary policy decisions, including changes in interest rates or asset purchasing programs, traders should carefully consider their impact on the euro. Similarly, U.S. Federal Reserve policies, inflation reports, and employment data are critical for...

April 22, 2024By Alfred LeonForex News0 CommentsRead more...

BCHUSD analysis for 19.04.2024

Time Zone: GMT +2Time Frame: 4 Hours (H4) Fundamental Analysis:Bitcoin Cash (BCH) trades against the US Dollar in the BCHUSD pair. As a cryptocurrency, BCH is influenced by factors such as regulatory news, technological advancements, and the overall sentiment in the crypto market. Given that Bitcoin Cash is a fork of Bitcoin, its value can also be affected by the performance and changes in the larger Bitcoin ecosystem. Market liquidity and...

April 19, 2024By Alfred LeonForex News0 CommentsRead more...

bitcoin and us dollar analysis 18-04-2024

BTCUSD analysis for 18.04.2024

Time Zone: GMT +2Time Frame: 4 Hours (H4) Fundamental Analysis:Bitcoin's valuation against the US Dollar is greatly influenced by a mix of market sentiment, technological developments, regulatory news, and macroeconomic trends. Global economic uncertainties and inflation rates are fundamental factors that can drive investors toward Bitcoin as a potential hedge. Additionally, changes in regulatory stances in key markets, such as recent legislation or enforcement actions, can significantly impact Bitcoin's price. The...

April 18, 2024By Alfred LeonForex News0 CommentsRead more...

Author - Alfred Leon