USDCAD H4 Technical and Fundamental Analysis for 09.08.2024
Time Zone: GMT +3Time Frame: 4 Hours (H4)
NZDUSD H4 Technical and Fundamental Analysis for 08.08.2024
Time Zone: GMT +3Time Frame: 4 Hours (H4)
Fundamental Analysis:
The New Zealand Dollar (NZD) is poised for significant movement today due to high-impact economic data releases. The USD is expected to experience volatility with the release of Unemployment Claims, forecasted at 241K, which could provide insights into the US labor market's health. Lower-than-expected claims would be positive for the USD, indicating a robust job market. On the NZD side, Inflation Expectations...
AUDNZD H4 Technical and Fundamental Analysis for 08.06.2024
Time Zone: GMT +3Time Frame: 4 Hours (H4)
Fundamental Analysis:
The AUD/NZD currency pair represents the exchange rate between the Australian Dollar (AUD) and the New Zealand Dollar (NZD). The recent economic data from both countries indicate potential influences on this pair. Australia's economic releases, including Retail Sales and Trade Balance, show a robust economic environment. Higher-than-expected Retail Sales figures suggest strong consumer spending, which is positive for the AUD. On the...
EURUSD H4 Technical and Fundamental Analysis for 05.08.2024
Time Zone: GMT +3Time Frame: 4 Hours (H4)
Fundamental Analysis:
The EUR/USD news analysis is set to be influenced by several low-impact news releases today, including the Spanish, Italian, French, German, and overall Eurozone Services PMI. These PMI releases are crucial as they provide insight into the economic health and business conditions in the services sector. A reading above 50.0 indicates industry expansion, while below signifies contraction. Moreover, the Sentix Investor Confidence...
USDJPY H4 Technical and Fundamental Analysis for 02.08.2024
Time Zone: GMT +3Time Frame: 4 Hours (H4)
Fundamental Analysis:
The USD/JPY currency pair reflects the exchange rate between the US Dollar (USD) and the Japanese Yen (JPY). Today, the USD is poised for significant volatility with key economic releases including Average Hourly Earnings, Non-Farm Employment Change, and the Unemployment Rate. The Average Hourly Earnings forecast is at 0.3%, which is a leading indicator of consumer inflation. A higher-than-expected figure is positive...
GBPUSD H4 Technical and Fundamental Analysis for 01.08.2024
Time Zone: GMT +3Time Frame: 4 Hours (H4)
Fundamental Analysis:
The GBP/USD news analysis today is influenced by a variety of fundamental factors. The British Pound is currently affected by the economic outlook in the UK, including inflation rates, interest rates set by the Bank of England, and the overall economic performance as reflected in GDP and employment data. The US Dollar, on the other hand, is influenced by similar factors in...
EURUSD H4 Technical and Fundamental Analysis for 30.07.2024
Time Zone: GMT +3Time Frame: 4 Hours (H4)
Fundamental Analysis:
The EUR/USD news analysis today is influenced by various fundamental factors such as macroeconomic indicators, central bank policies, and geopolitical events. For the Euro, recent data releases from INSEE indicate changes in consumer spending and GDP, which are vital for understanding the economic health of the Eurozone. Positive readings typically strengthen the Euro. On the US side, upcoming data on house prices...
GBPUSD H4 Technical and Fundamental Analysis for 29.07.2024
Time Zone: GMT +3Time Frame: 4 Hours (H4)
Fundamental Analysis:
The GBP/USD news analysis today is significantly influenced by economic indicators from both the United Kingdom and the United States. For the UK, factors such as changes in the money supply, mortgage approvals, and new credit issuance play crucial roles. The recent data from the Bank of England shows an increase in money circulation and credit issuance, suggesting an optimistic economic outlook....
GOLD H4 Daily Technical and Fundamental Analysis for 26.07.2024
Time Zone: GMT +3Time Frame: 4 Hours (H4)
Fundamental Analysis:
The GOLD market (GOLD/USD, XAU/USD) is closely watched by traders due to its safe-haven status and sensitivity to economic data. Today, several key economic indicators from the U.S. are expected to impact the gold market. The Core PCE Price Index m/m, forecasted at 0.2%, is crucial as it influences inflation expectations and the Federal Reserve's monetary policy. Lower-than-expected data could weaken the...
EURUSD H4 Technical and Fundamental Analysis for 25.07.2024
Time Zone: GMT +3Time Frame: 4 Hours (H4)