GBPUSD H4 Technical and Fundamental Analysis for 01.07.2024
Time Zone: GMT +3Time Frame: 4 Hours (H4)
USDJPY H4 Technical and Fundamental Analysis
Time Zone: GMT +3Time Frame: 4 Hours (H4)
Fundamental Analysis:
The USDJPY currency pair reflects the exchange rate between the US Dollar (USD) and the Japanese Yen (JPY). Today's upcoming USD news includes several low to medium impact events such as speeches by FOMC members and data on Personal Income and Spending. Notably, the Core PCE Price Index, forecasted at 0.1%, is a crucial inflation measure for the Fed. These indicators may...
EURUSD H4 Technical and Fundamental Analysis for 27.06.2024
Time Zone: GMT +3Time Frame: 4 Hours (H4)
Fundamental Analysis:
The EUR/USD news analysis today is influenced by significant economic indicators and news releases. For the Euro, the M3 Money Supply and private loans data provide insights into economic health and lending trends within the Eurozone. For the US Dollar, today's high-impact news includes the Final GDP q/q, expected at 1.4%, and Unemployment Claims forecasted at 236K. Stronger-than-expected GDP growth and lower...
AUDCAD H4 Technical and Fundamental Analysis for 26.06.2024
Time Zone: GMT +3Time Frame: 4 Hours (H4)
Fundamental Analysis:
The AUD/CAD forex pair, representing the exchange rate between the Australian Dollar and the Canadian Dollar, is currently subject to several significant economic events. Recent fluctuations in global commodity prices, particularly those affecting Australia’s primary exports, alongside economic indicators from both countries, have contributed to the volatility observed in this pair.Price Action:
Analyzing the AUDCAD H4 chart, the pair shows a mixed trend...
USDCAD H4 Technical and Fundamental Analysis for 25.06.2024
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...
EURUSD Daily Technical and Fundamental Analysis for 24.06.2024
Time Zone: GMT +3Time Frame: 4 Hours (H4)
Fundamental Analysis:
The EUR/USD pair, representing the exchange rate between the Euro and the US Dollar, is set to react to several key economic events today. FOMC members Mary Daly and Christopher Waller are scheduled to speak, and their remarks may provide insights into future US monetary policy. A hawkish tone could strengthen the USD. On the Euro side, German Buba President Joachim Nagel...
EURCAD Daily Technical and Fundamental Analysis for 21.06.2024
Time Zone: GMT +3Time Frame: 4 Hours (H4)
Fundamental Analysis:
The EUR/CAD currency pair reflects the exchange rate between the Euro (EUR) and the Canadian Dollar (CAD). Today, the market expects several news releases for both currencies. For the EUR, significant events include the German Flash Manufacturing PMI (forecasted at 46.4) and the French Flash Services PMI (forecasted at 50.0), both indicating varying degrees of economic activity. Additionally, speeches from key officials...
GBPUSD H4 Technical and Fundamental Analysis for 20.06.2024
Time Zone: GMT +3Time Frame: 4 Hours (H4)
Fundamental Analysis:
The GBP/USD news analysis today is influenced by a variety of fundamental factors including economic indicators from both the UK and the US. Upcoming key events include the Bank of England's Monetary Policy Committee meeting minutes and US unemployment claims. The BOE's stance on interest rates and the MPC's vote distribution will provide insight into future monetary policy, which is crucial for...
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...
EURUSD H4 Technical and Fundamental Analysis for 18.06.2024
Time Zone: GMT +3Time Frame: 4 Hours (H4)