GBPUSD H4 Technical and Fundamental Analysis for 01.08.2024
Time Zone: GMT +3Time Frame: 4 Hours (H4)
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)
Fundamental Analysis:
The EUR/USD forecast today is currently influenced by a series of upcoming economic events and data releases. For the USD, key events include speeches from FOMC members Bowman and Logan, as well as President Biden's announcement. High-impact data such as the Advance GDP q/q, Unemployment Claims, and Durable Goods Orders will also play crucial roles. These events are likely to provide significant...
BTCUSD Daily Technical and Fundamental Analysis for 22.07.2024
Time Zone: GMT +3Time Frame: 4 Hours (H4)
Fundamental Analysis:
Today's BTC/USD pair Analysis could be significantly impacted by U.S. political developments, notably President Biden's unexpected decision to withdraw from the 2024 election and endorse Kamala Harris. This surprise political shift could introduce high volatility in the USD, potentially influencing Bitcoin as investors may look to cryptocurrencies as alternative investments during periods of uncertainty in traditional markets.Price Action Analysis:
The BTC/USD chart shows...
USDCAD Technical and Fundamental Analysis for 19.07.2024
Time Zone: GMT +3Time Frame: 4 Hours (H4)
Fundamental Analysis:
The USD/CAD forex pair, reflecting the exchange rate between the US Dollar (USD) and the Canadian Dollar (CAD), is poised for a volatile session given today's economic data releases. The USD is under scrutiny with low-impact events such as TIC Long-Term Purchases, which came in significantly lower than forecasted at -54.6B versus the expected 98.4B. Additionally, speeches from multiple FOMC members, including...
EURUSD H4 Technical and Fundamental Analysis for 18.07.2024
Time Zone: GMT +3Time Frame: 4 Hours (H4)
Fundamental Analysis:
The EUR/USD forecast today is heavily influenced by the economic releases from Europe and the U.S. For the Euro, factors like the results from bond auctions by the General Secretariat of the Treasury and statements from the ECB provide key insights into fiscal health and monetary policy decisions. Upcoming ECB interest rate decisions and statements could affect the Euro's strength. For the...
EURUSD H4 Technical and Fundamental Analysis for 15.07.2024
Time Zone: GMT +3Time Frame: 4 Hours (H4)
Fundamental Analysis:
The EUR/USD news analysis today is influenced by several fundamental factors. Recent data from Eurostat indicates changes in the industrial production of the Eurozone, with the latest figures showing a positive trend, suggesting economic recovery. The upcoming Eurogroup meeting could further impact the EUR/USD forecast today as finance ministers discuss economic policies. On the USD side, key events include the Empire State...
GBPUSD H4 Technical and Fundamental Analysis for 07.11.2024
Time Zone: GMT +3Time Frame: 4 Hours (H4)