Forex News

AUDUSD H4 Technical and Fundamental Analysis for 15.08.2024

Alfred Leon2024-08-14T21:34:42+00:00

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

Fundamental Analysis:

The AUD/USD news analysis today is influenced by several key fundamental factors, these economic data are released from both Australia and the United States, most of the time leading to increased volatility in the pair commonly known as the “Aussie”. Australia's economic health, particularly in areas such as employment, inflation, and consumer spending, plays a crucial role in determining the strength of...

GBPUSD H4 Technical and Fundamental Analysis for 14.08.2024

William Brown2024-08-14T05:41:33+00:00

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

Fundamental Analysis:

The GBP/USD forecast today is shaped by ongoing developments in the UK and US economies. In the UK, recent data has shown a slight increase in the unemployment rate, which could suggest a cooling labor market, while inflation remains elevated, keeping the Bank of England on alert for further rate hikes. In the US, economic indicators like the Consumer Price Index (CPI)...

GBP/AUD H4 Technical and Fundamental Analysis for 13.08.2024

William Brown2024-08-12T21:51:41+00:00

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

Fundamental Analysis:

The GBP/AUD forecast today is influenced by a mix of economic indicators from both the UK and Australia that paint a complex picture of the potential market directions. The UK sees a decrease in Claimant Count Change and a slight uptick in the Unemployment Rate, combined with a reduction in the Average Earnings Index. In contrast, Australia's economic indicators such as the...

EURUSD H4 Technical and Fundamental Analysis for 12.08.2024

Alfred Leon2024-08-12T03:37:36+00:00

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

Fundamental Analysis:

The EUR/USD news analysis today is influenced by a combination of Eurozone and U.S. economic factors. Recently, the U.S. Treasury released its Monthly Treasury Statement, indicating a difference in the federal government's income and spending, which could potentially impact the U.S. Dollar depending on whether the deficit is larger or smaller than expected. Additionally, the Federal Reserve Bank of Cleveland's inflation expectations...

USDCAD H4 Technical and Fundamental Analysis for 09.08.2024

Alfred Leon2024-08-09T01:44:19+00:00

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

Fundamental Analysis:

The USDCAD currency pair is influenced today by significant economic data releases from Canada. The Canadian Employment Change report shows an increase of 26.9K jobs, which is higher than anticipated, signaling a strengthening labor market. Concurrently, the Canadian Unemployment Rate is reported at 6.5%. These figures indicate a robust economic environment in Canada, which could bolster the CAD against the USD. Traders...

NZDUSD H4 Technical and Fundamental Analysis for 08.08.2024

Alfred Leon2024-08-08T03:07:01+00:00

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

Fundamental Analysis:

The New Zealand Dollar (NZD) is poised for significant movement today due to high-impact economic data releases. The USD is expected to experience volatility with the release of Unemployment Claims, forecasted at 241K, which could provide insights into the US labor market's health. Lower-than-expected claims would be positive for the USD, indicating a robust job market. On the NZD side, Inflation Expectations...

EURCAD H4 Technical and Fundamental Analysis for 07.08.2024

William Brown2024-08-07T05:21:11+00:00

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

Fundamental Analysis:

The EURCAD currency pair represents the exchange rate between the Euro (EUR) and the Canadian Dollar (CAD). Recent economic data from both the Eurozone and Canada indicate potential influences on this pair.Euro (EUR)• German Industrial Production m/m: The latest data shows an increase of 1.0%, a significant recovery from the previous -2.5%. This indicates a rebound in Germany's industrial sector, which is...

AUDNZD H4 Technical and Fundamental Analysis for 08.06.2024

Alfred Leon2024-08-06T06:28:10+00:00

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

Fundamental Analysis:

The AUD/NZD currency pair represents the exchange rate between the Australian Dollar (AUD) and the New Zealand Dollar (NZD). The recent economic data from both countries indicate potential influences on this pair. Australia's economic releases, including Retail Sales and Trade Balance, show a robust economic environment. Higher-than-expected Retail Sales figures suggest strong consumer spending, which is positive for the AUD. On the...

EURUSD H4 Technical and Fundamental Analysis for 05.08.2024

Alfred Leon2024-08-05T03:14:10+00:00

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

Fundamental Analysis:

The EUR/USD news analysis is set to be influenced by several low-impact news releases today, including the Spanish, Italian, French, German, and overall Eurozone Services PMI. These PMI releases are crucial as they provide insight into the economic health and business conditions in the services sector. A reading above 50.0 indicates industry expansion, while below signifies contraction. Moreover, the Sentix Investor Confidence...

USDJPY H4 Technical and Fundamental Analysis for 02.08.2024

Alfred Leon2024-08-05T03:15:44+00:00

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

Fundamental Analysis:

The USD/JPY currency pair reflects the exchange rate between the US Dollar (USD) and the Japanese Yen (JPY). Today, the USD is poised for significant volatility with key economic releases including Average Hourly Earnings, Non-Farm Employment Change, and the Unemployment Rate. The Average Hourly Earnings forecast is at 0.3%, which is a leading indicator of consumer inflation. A higher-than-expected figure is positive...