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,...

GBPUSD H4 Technical and Fundamental Analysis for 07.11.2024

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

Fundamental Analysis:

The GBP/USD news analysis today is influenced by various economic indicators and news events from both the United Kingdom and the United States. The UK economy is currently facing challenges related to inflation, GDP growth, and trade balance, while the US is experiencing fluctuations due to inflation data, employment figures, and Federal Reserve policies. Today's economic calendar for the USD includes high-impact...

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,...

EURUSD H4 Technical and Fundamental Analysis for 07.08.2024

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

Fundamental Analysis:

The EUR/USD news analysis today is influenced by a variety of fundamental factors, including macroeconomic data, central bank policies, and geopolitical events. For the Euro, upcoming reports such as the German Trade Balance and Sentix Investor Confidence are low-impact but can provide insights into economic health. A higher-than-expected trade balance could be positive for the Euro, suggesting robust export activity. Similarly, a...

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...

EURGBP H4 Technical and Fundamental Analysis for 07.04.2024

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

Fundamental Analysis:

The EUR/GBP news analysis today is influenced by various fundamental factors. For the Euro, industrial orders and bond yields within the Eurozone play a significant role, reflecting economic activity and investor confidence. In the UK, the focus is on the general election outcomes and PMI data, which indicate economic health and conditions within the construction industry. The upcoming UK general election is...

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...