GBPUSD H4 Technical and Fundamental Analysis for 01.08.2024
Time Zone: GMT +3Time Frame: 4 Hours (H4)
EURJPY H4 Technical and Fundamental Analysis for 31.07.2024
Time Zone: GMT +3Time Frame: 4 Hours (H4)
Fundamental Analysis:
The EUR/JPY pair is influenced by various fundamental factors, including economic indicators from the Eurozone and Japan. For the Euro (EUR), recent data from the Eurozone's economic performance, particularly GDP growth and inflation rates, are pivotal. Reports from the European Central Bank (ECB) regarding monetary policy also play a crucial role. For the Japanese Yen (JPY), key indicators include the S&P Global...
EURUSD H4 Technical and Fundamental Analysis for 30.07.2024
Time Zone: GMT +3Time Frame: 4 Hours (H4)
Fundamental Analysis:
The EUR/USD news analysis today is influenced by various fundamental factors such as macroeconomic indicators, central bank policies, and geopolitical events. For the Euro, recent data releases from INSEE indicate changes in consumer spending and GDP, which are vital for understanding the economic health of the Eurozone. Positive readings typically strengthen the Euro. On the US side, upcoming data on house prices...
GBPUSD H4 Technical and Fundamental Analysis for 29.07.2024
Time Zone: GMT +3Time Frame: 4 Hours (H4)
Fundamental Analysis:
The GBP/USD news analysis today is significantly influenced by economic indicators from both the United Kingdom and the United States. For the UK, factors such as changes in the money supply, mortgage approvals, and new credit issuance play crucial roles. The recent data from the Bank of England shows an increase in money circulation and credit issuance, suggesting an optimistic economic outlook....
GOLD H4 Daily Technical and Fundamental Analysis for 26.07.2024
Time Zone: GMT +3Time Frame: 4 Hours (H4)
Fundamental Analysis:
The GOLD market (GOLD/USD, XAU/USD) is closely watched by traders due to its safe-haven status and sensitivity to economic data. Today, several key economic indicators from the U.S. are expected to impact the gold market. The Core PCE Price Index m/m, forecasted at 0.2%, is crucial as it influences inflation expectations and the Federal Reserve's monetary policy. Lower-than-expected data could weaken the...
EURUSD H4 Technical and Fundamental Analysis for 25.07.2024
Time Zone: GMT +3Time Frame: 4 Hours (H4)
Fundamental Analysis:
The EUR/USD forecast today is currently influenced by a series of upcoming economic events and data releases. For the USD, key events include speeches from FOMC members Bowman and Logan, as well as President Biden's announcement. High-impact data such as the Advance GDP q/q, Unemployment Claims, and Durable Goods Orders will also play crucial roles. These events are likely to provide significant...
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...
BTCUSD Daily Technical and Fundamental Analysis for 22.07.2024
Time Zone: GMT +3Time Frame: 4 Hours (H4)
Fundamental Analysis:
Today's BTC/USD pair Analysis could be significantly impacted by U.S. political developments, notably President Biden's unexpected decision to withdraw from the 2024 election and endorse Kamala Harris. This surprise political shift could introduce high volatility in the USD, potentially influencing Bitcoin as investors may look to cryptocurrencies as alternative investments during periods of uncertainty in traditional markets.Price Action Analysis:
The BTC/USD chart shows...
USDCAD Technical and Fundamental Analysis for 19.07.2024
Time Zone: GMT +3Time Frame: 4 Hours (H4)