EURUSD H4 Technical and Fundamental Analysis for 18.06.2024
Time Zone: GMT +3Time Frame: 4 Hours (H4)
USDCAD Technical and Fundamental Analysis 17.06.2024
Time Zone: GMT +3Time Frame: 4 Hours (H4)
Fundamental Analysis:
USDCAD is influenced by several economic factors from both the US and Canada. For the USDCAD news forecast today, the focus is on the Empire State Manufacturing Index from the US, which is forecasted to be -12.5. This high-impact data could significantly affect the US Dollar if the actual figure deviates from expectations, indicating either a strengthening or weakening of the manufacturing...
USDJPY Technical and Fundamental Analysis for 10.06.2024
Time Zone: GMT +3Time Frame: 4 Hours (H4)
Fundamental Analysis:
Today's economic releases for Japan include low-impact indicators such as Bank Lending y/y, Current Account, Final GDP Price Index y/y, Final GDP q/q, and Economy Watchers Sentiment. The USDJPY news analysis today suggests a generally stable economic environment with no significant surprises expected. The USD has no major releases today, indicating a relatively quiet day on the fundamental front, potentially leaving the...
EURUSD H4 Daily Technical and Fundamental Analysis for 07.06.2024
Time Zone: GMT +3Time Frame: 4 Hours (H4)
Fundamental Analysis:
The EURUSD currency pair, often referred to as "Fiber," reflects the exchange rate between the Euro and the US Dollar. Today, the Euro may see some impact from a series of low-impact economic data releases. Germany's Industrial Production report, forecasted at 0.1%, and Trade Balance, forecasted at 22.6B, along with France's Trade Balance, forecasted at -5.4B, will provide insights into the economic...
GBPUSD H4 Technical and Fundamental Analysis for 06.06.2024
Time Zone: GMT +3Time Frame: 4 Hours (H4)
Fundamental Analysis:
The GBPUSD forecast today reflects the relationship between the British Pound (GBP) and the US Dollar (USD). Fundamental factors influencing the GBPUSD pair include interest rate differentials, economic growth, and geopolitical stability. For the GBP, upcoming Construction PMI data is expected to impact market sentiment, with a forecast of 52.5 indicating expansion. For the USD, high-impact Unemployment Claims data, with a forecast...
EURJPY Daily Technical and Fundamental Analysis for 31.05.2024
Time Zone: GMT +3Time Frame: 4 Hours (H4)
Fundamental Analysis:
The EUR/JPY currency pair chart is expected to be influenced by several economic data releases today. Key among these is the French Final Private Payrolls report, which is forecasted to show a 0.2% increase. A higher than expected result would be positive for the Euro. Additionally, other data such as German Import Prices, German Retail Sales, French Consumer Spending, and various CPI...
AUDUSD Daily Technical and Fundamental Analysis for 30.05.2024
Time Zone: GMT +3Time Frame: 4 Hours (H4)
Fundamental Analysis:
The AUDUSD currency pair chart represents the exchange rate between the Australian Dollar (AUD) and the US Dollar (USD). This pair is highly influenced by economic indicators from both Australia and the United States, making it a critical focus for forex traders. Monitoring the AUD/USD chart price is essential for understanding market trends and potential trading opportunities in the forex market. Today,...
EURUSD Price Analysis for 28.5.2024
Time Zone: GMT +3Time Frame: 4 Hours (H4)
Fundamental Analysis:
The recent news includes key economic indicators from both the Eurozone and the US that could significantly affect the EUR/USD exchange rate. On May 29th, the Eurozone will release the German Prelim CPI m/m, a crucial indicator of inflation trends in Europe's largest economy. For the US, significant data releases on May 30th include the Prelim GDP q/q with a forecast of...
USDJPY Daily Technical and Fundamental Analysis for 27.05.2024
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 expected to experience low liquidity due to a Bank Holiday in observance of Memorial Day. This typically leads to irregular volatility and less market activity, as US banks will be closed. On the other hand, significant volatility is anticipated for...
GBPCAD Daily Chart Analysis for 24.05.2024
Time Zone: GMT +3Time Frame: 4 Hours (H4)