Author - Monica Perez

NZDCAD H4 Technical and Fundamental Analysis for 19.06.2024

Time Zone: GMT +3Time Frame: 4 Hours (H4) 

Fundamental Analysis:

The NZD/CAD news analysis today highlights the impact of various economic factors and central bank policies. The Reserve Bank of New Zealand (RBNZ) has recently adopted a more dovish stance due to concerns over economic growth, while the Bank of Canada (BoC) is focusing on inflation control, supported by recent positive economic data. These divergent approaches are key to understanding the NZD/CAD...

USDCAD Price Analysis for 05.06.2024

Time Zone: GMT +3Time Frame: 4 Hours (H4) 

Fundamental Analysis:

The USDCAD pair continues to be influenced by a combination of economic data and geopolitical factors. Recent US economic reports, such as strong employment figures and ongoing inflation concerns, are pushing the Federal Reserve towards potential interest rate hikes, thereby strengthening the US Dollar. This, in turn, affects the USDCAD currency trend. Additionally, Canadian economic data and oil prices play significant roles...

EUR/USD Technical Analysis for 3.06.2024

Time Zone: GMT +3Time Frame: 4 Hours (H4)

Fundamental Analysis:

The EUR/USD currency pair is influenced by various economic data releases today. Key among these is the Eurozone Retail Sales report, which is expected to show a 0.3% increase. A higher-than-expected result would be positive for the Euro. Additionally, other data such as German Factory Orders, Eurozone GDP, and various CPI figures will be released, though these are expected to have a...

USDCAD Price Analysis for 29.5.2024

Time Zone: GMT +2Time Frame: 4 Hours (H4) 

Fundamental Analysis:

Economic indicators from Canada and the United States continue to play a significant role in influencing the USD/CAD exchange rate. Key data such as employment reports, inflation rates, and central bank statements should be closely monitored. For instance, changes in oil prices significantly impact the Canadian dollar due to Canada's substantial oil exports. Meanwhile, economic recovery signals from the U.S., including GDP...

USDSEK Analysis for 22.05.2024

Time Zone: GMT +3Time Frame: 4 Hours (H4)

Fundamental Analysis:

The USD/SEK pair is influenced by economic factors such as interest rate decisions by the Federal Reserve and the Riksbank, as well as broader economic indicators from the United States and Sweden. Recently, the Federal Reserve's cautious stance on interest rate hikes has created uncertainty in the market, impacting the USD. Meanwhile, Sweden's economic performance has been robust, with recent data showing...