GBPCAD H4 Technical and Fundamental Analysis for 10.22.2024
Time Zone: GMT +3Time Frame: 4 Hours (H4)
EURUSD H4 Technical and Fundamental Analysis for 10.21.2024
Time Zone: GMT +3Time Frame: 4 Hours (H4)
Fundamental Analysis:
The EUR/USD news analysis today is influenced by various fundamental factors, including news from both the Eurozone and the United States. In the Eurozone, the Producer Price Index (PPI) released by Destatis remains a key indicator as it signals potential inflationary pressures. An actual result above the forecast would support the Euro; however, the release is still pending. Simultaneously, ongoing IMF meetings...
GBPUSD H4 Technical and Fundamental Analysis for 18.10.2024
Time Zone: GMT +3Time Frame: 4 Hours (H4)
Fundamental Analysis
The GBP/USD pair is influenced today by key economic indicators from both the UK and the US. In the UK, the latest retail sales figures from the Office for National Statistics will be closely watched. Retail sales are a primary indicator of consumer spending and economic health; a better-than-expected result could boost the GBP currency. In the US, data from the Treasury...
AUDUSD H4 Technical and Fundamental Analysis for 10.17.2024
Time Zone: GMT +3Time Frame: 4 Hours (H4)
Fundamental Analysis:
The AUD/USD news analysis today is influenced by a variety of economic factors from both Australia and the United States. Recently, Australia's employment data and unemployment rate have been pivotal in shaping the Australian dollar's strength. A better-than-expected increase in job creation typically bolsters the AUD, as it signals a healthy economy and boosts consumer spending. On the other hand, the US...
NZDUSD Daily Technical and Fundamental Analysis for 10.15.2024
Time Zone: GMT +3Time Frame: 4 Hours (H4)
Fundamental Analysis:
The NZDUSD pair reflects the exchange rate between the New Zealand Dollar and the US Dollar. The New Zealand Dollar has been under pressure recently, driven by concerns around slowing economic growth in New Zealand and ongoing global uncertainties. Traders are awaiting potential signals from the Reserve Bank of New Zealand (RBNZ) regarding future interest rate policy, with inflation remaining a key...
BTCUSD Daily Technical and Fundamental Analysis for 10.14.2024
Time Zone: GMT +3Time Frame: 4 Hours (H4)
Fundamental Analysis:
The BTC/USD pair represents the exchange rate between Bitcoin and the US Dollar. Today, market liquidity for BTC USD may be lower due to the Columbus Day holiday in the US, which typically results in less market activity. This could lead to irregular volatility in the cryptocurrency markets, especially with the absence of major institutional traders. However, volatility may pick up later...
USDCAD Daily Technical and Fundamental Analysis for 10.11.2024
Time Zone: GMT +3Time Frame: 4 Hours (H4)
Fundamental Analysis:
Today, several key factors influence the USD/CAD pair. U.S. data includes the Producer Price Index (PPI), which is a critical indicator of inflation at the producer level. A higher-than-expected PPI result would likely strengthen the U.S. Dollar, reinforcing expectations for a hawkish Federal Reserve stance. In addition, speeches by Federal Reserve members such as Austan Goolsbee and Michelle Bowman may provide further...
USDJPY H4 Technical and Fundamental Analysis for 10.10.2024
Time Zone: GMT +3Time Frame: 4 Hours (H4)
Fundamental Analysis:
The USD/JPY currency pair, also known as the “Gopher,” always has its daily fundamental forecast significantly influenced by monetary policy from both the Federal Reserve (Fed) and the Bank of Japan (BoJ). Today, several key events, including speeches by Federal Reserve members, like Susan Collins and Mary Daly, are expected to provide subtle clues regarding future US monetary policy, which could impact...
EUR/USD H4 Technical and Fundamental Analysis for 10.08.2024
Time Zone: GMT +3Time Frame: 4 Hours (H4)
Fundamental Analysis:
Today’s economic data releases from the Eurozone and the U.S. will likely influence the direction of the EUR/USD pair. For the Euro, German Industrial Production data reported a surprising increase of 0.8% after previously contracting by -2.4%, signaling a recovery in the manufacturing sector. This positive data, along with ECOFIN meetings and a speech by the German Bundesbank President, could boost sentiment...
AUDUSD H4 Technical and Fundamental Analysis for 10.07.2024
Time Zone: GMT +3Time Frame: 4 Hours (H4)