Author - William Brown

USDCAD H4 Technical and Fundamental Analysis for 25.06.2024

William Brown2024-06-24T22:38:33+00:00

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

Fundamental Analysis:

The USD/CAD forex pair, representing the exchange rate between the US Dollar and the Canadian Dollar, is set to react to several key economic events today. At 1:30 pm, multiple CPI metrics for Canada are scheduled to be released, including the CPI m/m, Median CPI y/y, Trimmed CPI y/y, Common CPI y/y, and Core CPI m/m. The forecast for the CPI m/m...

GBPCHF Fundamental and Technical Analysis for 14.6.2024

William Brown2024-06-14T09:41:54+00:00

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

Fundamental Analysis:

Recent news includes key economic indicators from both the UK and Switzerland that could significantly impact the GBP/CHF exchange rate. On June 17th, the UK will release the Rightmove HPI m/m, with a forecast of 0.8%, while the Swiss PPI m/m is already published at -0.3%, against a forecast of 0.5% and a previous figure of 0.6%. These economic indicators are crucial...

USDJPY Price Technical and Fundamental Analysis for 13.6.2024

William Brown2024-06-13T16:34:58+00:00

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

Fundamental Analysis:

The USD/JPY currency pair is currently experiencing significant movements influenced by upcoming Japanese economic data releases; making this currency pair eye-catching for forex traders looking for buy oppertunity. Key financial news on this pair include:BOJ Policy Rate: Expected to remain steady at <0.10%.Monetary Policy Statement and BOJ Press Conference: Crucial for insights into future monetary policies.Revised Industrial Production m/m: Forecasted at -0.1%,...

GBPUSD Price Technical and Fundamental Analysis for 12.06.2024

William Brown2024-06-12T06:39:12+00:00

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

Fundamental Analysis:

The recent news includes key economic indicators from the US that could significantly affect the possible future direction on GBP/USD exchange rate. On June 12th, critical data releases include the Core CPI m/m with a forecast of 0.3% against the previous 0.3%, and the CPI m/m expected at 0.1% compared to the previous 0.3%. The year-over-year CPI is anticipated to be 3.4%,...

EURGBP price Analysis for 11.06.2024

William Brown2024-06-11T00:52:40+00:00

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

Fundamental Analysis:

The recent news includes key economic indicators from both the Eurozone and the UK that could significantly affect the EUR/GBP exchange rate. On June 29th, the Eurozone will release the German Prelim CPI m/m, a crucial indicator of inflation trends in Europe's largest economy. For the UK, significant data releases include the Prelim GDP q/q and Unemployment Claims expected to come in...

Gold price Analysis for 04.06.2024

William Brown2024-06-04T05:33:19+00:00

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

Fundamental Analysis:

Gold, also known as XAU/USD, continues to be influenced by a mix of economic data and geopolitical factors. Recent data from the United States, including robust employment figures and persisting inflation concerns, has kept the Federal Reserve on a path of potential interest rate hikes, strengthening the US Dollar and exerting downward pressure on gold. Furthermore, geopolitical uncertainties, particularly in Europe and...