Author - William Brown

USD/CAD H4 Technical and Fundamental Analysis for 24.07.2024

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

Fundamental Analysis:

The USD/CAD news analysis today is driven by several economic indicators and significant announcements. For the Canadian dollar, the key factors affecting the value of CAD include the Bank of Canada (BoC) Monetary Policy Report, the BoC Rate Statement, and the Overnight Rate decision. These announcements will provide insights into Canada's economic outlook and monetary policy direction, directly affecting the CAD's strength....

USDJPY H4 Technical and Fundamental Analysis for 07.23.2024

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

Fundamental Analysis:

The USD/JPY news analysis today is influenced by several fundamental factors, including economic indicators from the United States and Japan. For the USD, upcoming data from the National Association of Realtors and the Federal Reserve Bank of Richmond are crucial. Home resales, which reflect consumer confidence and economic health, can significantly impact the USD. Similarly, the Richmond Fed Index provides insights into...

AUDUSD H4 Technical and Fundamental Analysis for 07.17.2024

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

Fundamental Analysis:

The AUD/USD forecast today is shaped by the economic health and policy decisions in both the United States and Australia. For the US, today's data releases include Building Permits and Housing Starts, both crucial indicators of the housing market's strength. Additionally, the Industrial Production m/m and Capacity Utilization Rate are key economic indicators to watch. Statements from FOMC Members Barkin and Waller,...

EURCAD H4 Technical and Fundamental Analysis for 07.16.2024

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

Fundamental Analysis:

The EUR/CAD forecast today reflects the economic health and policy decisions of the Eurozone and Canada. For the Euro, upcoming data releases such as the IT Trade Balance, EZ Trade Balance, and ZEW Economic Sentiment Index are key indicators. Positive trade balance figures and optimistic sentiment from institutional investors can boost the Euro. Conversely, Canada's economic health is gauged by indicators like...

USDCAD H4 Daily Fundamental and Technical Analysis for 12.07.2024

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

Fundamental Analysis:

The USDCAD forex pair represents the exchange rate between the US Dollar (USD) and the Canadian Dollar (CAD). Today, significant attention will be on USD due to high-impact economic releases including Core PPI (forecasted at 0.2%), PPI (forecasted at 0.1%), and Preliminary UoM Consumer Sentiment (forecasted at 68.5). These releases are crucial as they provide insights into producer inflation and consumer sentiment,...

EUR/USD H4 Technical and Fundamental Analysis for 07.10.2024

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

Fundamental Analysis:

The EUR/USD forex pair analysis is currently influenced by several economic indicators and geopolitical factors. For the Euro, key influences include the latest European Central Bank (ECB) meeting minutes and upcoming economic data releases such as the ZEW Economic Sentiment Index and Eurozone Industrial Production figures. These indicators reflect the economic health of the Eurozone, which in turn affects the Euro's strength....

AUDUSD H4 Technical and Fundamental Analysis for 07.09.2024

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

Fundamental Analysis:

The AUD/USD news analysis today is influenced by a combination of economic indicators and geopolitical factors. For the Australian dollar, key factors include the Westpac Consumer Sentiment Index and the NAB Business Confidence survey. Both indicators reflect the economic health and confidence levels within Australia, affecting the currency's strength. Additionally, the upcoming testimony from Federal Reserve officials and other USD-related economic data,...

USDCAD Daily Technical and Fundamental Analysis for 05.07.2024

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

Fundamental Analysis:

The USD/CAD currency pair reflects the exchange rate between the US Dollar (USD) and the Canadian Dollar (CAD). Today, the USD is set to be influenced by several key economic data releases, including Average Hourly Earnings, Non-Farm Employment Change, and the Unemployment Rate. These high-impact events are crucial as they provide insights into labor market conditions and inflation, likely causing significant USD...

EURAUD H4 Technical and Fundamental Analysis for 03.07.2024

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

Fundamental Analysis:

The EUR/AUD news analysis, often influenced by economic indicators and policy decisions from both the Eurozone and Australia, sees varying volatility based on such releases. Recent data from the Australian Bureau of Statistics show a promising increase in retail sales and new building approvals, suggesting a potential boost in economic activities that may strengthen the Australian Dollar. On the European front, the...

EURUSD H4 Technical and Fundamental Analysis for 02.07.2024

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

Fundamental Analysis:

The EUR/USD forex pair, representing the exchange rate between the Euro and the US Dollar, is influenced by significant economic data from both the Eurozone and the United States. Recent PMI data from the Eurozone showed improvements, with the Italian Manufacturing PMI at 45.7, French Final Manufacturing PMI at 45.4, and the overall Eurozone Final Manufacturing PMI at 45.8, all surpassing their...