EURGBP H4 Technical and Fundamental Analysis for 07.04.2024
Time Zone: GMT +3Time Frame: 4 Hours (H4)
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...
GBPUSD H4 Technical and Fundamental Analysis for 01.07.2024
Time Zone: GMT +3Time Frame: 4 Hours (H4)
Fundamental Analysis:
The GBP/USD news analysis today is influenced by various economic indicators and geopolitical factors. Recently, the pair's performance has been under pressure due to a stronger US Dollar driven by positive economic data, including expectations for the upcoming Final Manufacturing PMI and ISM Manufacturing PMI. The UK's economic outlook remains uncertain amidst concerns over inflation and slower-than-expected economic growth. Bank of England’s...
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)