EURUSD H4 Technical and Fundamental Analysis for 12.18.2024
Time Zone: GMT +2Time Frame: 4 Hours (H4)
USDCAD H4 Technical and Fundamental Analysis for 12.11.2024
Time Zone: GMT +2Time Frame: 4 Hours (H4)
Fundamental Analysis:
The USD/CAD news analysis is closely tied to economic developments in the United States and Canada, both of which are releasing important data today. In the US, the Bureau of Labor Statistics will release the Consumer Price Index (CPI) and Core CPI, which are critical for assessing inflation trends and Federal Reserve policy expectations. Stronger-than-expected CPI data could bolster the US Dollar...
AUDUSD H4 Technical and Fundamental Analysis for 11.27.2024
Time Zone: GMT +2Time Frame: 4 Hours (H4)
Fundamental Analysis:
The AUD/USD news analysis today suggests the pair is under pressure as it navigates through mixed fundamental signals from both the Australian and U.S. economies. On the Australian side, the recent focus has been on inflation and construction data. The Australian Bureau of Statistics has highlighted that the next Consumer Price Index (CPI) release, due in early January, will be critical in...
EURCAD Daily Technical and Fundamental Analysis for 11.25.2024
Time Zone: GMT +2Time Frame: 4 Hours (H4)
Fundamental Analysis:
The EURCAD pair is influenced today by key news releases for both the Eurozone and Canada. For the Euro, significant market-moving events include the German ifo Business Climate Index, the Belgian National Bank Business Confidence survey, and a speech by ECB member Joachim Nagel. The ifo survey, being a leading economic health indicator, is expected to shape sentiment toward Eurozone growth, while...
EURGBP H4 Technical and Fundamental Analysis for 11.20.2024
Time Zone: GMT +3Time Frame: 4 Hours (H4)
Fundamental Analysis:
For today’s EUR/GBP Fundamental analysis, we look at the balance between the economic performance of the Eurozone and the United Kingdom. GBP-focused traders are eyeing inflation data releases, including the Consumer Price Index (CPI), Producer Price Index (PPI), and Retail Price Index (RPI), which provide insights into price stability and economic health. Furthermore, BOE Deputy Governor David Ramsden's upcoming speech is expected...
NZDUSD H4 Daily Technical and Fundamental Analysis for 11.11.2024
Time Zone: GMT +2Time Frame: 4 Hours (H4)
Fundamental Analysis:
The NZD/USD pair reflects the exchange rate between the New Zealand dollar (NZD) and the US dollar (USD), a popular pair for traders following both economies. Today, USD liquidity is expected to be low due to the Veterans Day bank holiday in the United States. Such low liquidity may result in unpredictable volatility, as the market becomes more prone to speculative activity....
EURJPY Daily Technical and Fundamental Analysis for 11.04.2024
Time Zone: GMT +2Time Frame: 4 Hours (H4)
Fundamental Analysis:
The EURJPY pair faces a fundamental backdrop characterized by key economic data releases. For the Euro, today's focus will be on several Purchasing Managers' Index (PMI) reports. These PMIs are leading indicators of economic health and can drive volatility if the data significantly diverges from expectations. The higher-than-expected PMI readings would indicate economic expansion, potentially bolstering the Euro, while weaker-than-expected numbers could...
EURUSD Daily Technical and Fundamental Analysis for 10.31.2024
Time Zone: GMT +3Time Frame: 4 Hours (H4)
Fundamental Analysis:
The EURUSD pair faces downward pressure from recent Eurozone data releases, showing a mixed economic picture. Germany’s retail sales disappointed with a -0.7% decline, against expectations of a 1.6% increase, suggesting weaker consumer spending and an economic slowdown. Similarly, German import prices showed a decrease of -0.4%, in line with forecasts but reflecting declining demand. France's CPI was modestly positive at 0.2%,...
AUDUSD Daily Technical and Fundamental Analysis for 10.30.2024
Time Zone: GMT +3Time Frame: 4 Hours (H4)
Fundamental Analysis:
The AUDUSD pair is currently influenced by mixed economic data from both Australia and the United States. Recent Australian Consumer Price Index (CPI) data revealed lower-than-expected inflation, with quarterly CPI coming in at 0.3% compared to the previous 1.0%, and the yearly CPI at 2.3% versus the prior 2.7%. This signals a deceleration in inflation, which may reduce the likelihood of further...
USDCAD H4 Technical and Fundamental Analysis for 10.23.2024
Time Zone: GMT +3Time Frame: 4 Hours (H4)