Forex News

Gold Price Analysis for 17.4.2024

Alfred Leon2024-04-18T06:31:46+00:00

Time Zone: GMT +2Time Frame: 4 Hours (H4)

Fundamental Analysis:

The jobless report from the Department of Labor is to be published on April 18th and it is possible to highly affect gold prices. Basically, if the report shows fewer people are out of work than it was expected, it means the economy is probably doing alright, and the dollar could get stronger; and when the dollar bulks up, gold usually doesn't...

EURAUD analysis for 16.04.2024

Alfred Leon2024-04-16T04:43:13+00:00

Time Zone: GMT +2Time Frame: 4 Hours (H4) 

Fundamental Analysis:

The EUR/AUD pair represents the currency exchange rate between the Eurozone and Australia. This pairing is largely influenced by contrasting economic health indicators and policy decisions made by the European Central Bank (ECB) and the Reserve Bank of Australia (RBA). The Euro is influenced by factors such as EU economic stability, monetary policy adjustments, and political events within member countries. Meanwhile, the...

BTCUSD analysis for 15.04.2024

Alfred Leon2024-04-15T03:21:03+00:00

Time Zone: GMT +2Time Frame: 4 Hours (H4) 

Fundamental Analysis:

The BTCUSD pair's valuation can be influenced by various fundamental factors such as adoption rates, regulatory news, technological advancements within the blockchain ecosystem, and macroeconomic factors that affect the USD, including Federal Reserve policy changes and inflation data. Cryptocurrency markets are also sensitive to global economic sentiment, with Bitcoin often seen as a hedge against fiat currency inflation or as a risk...

USDZAR analysis for 10.04.2024

admin_fx202024-04-10T12:11:37+00:00

Time Zone: GMT +2Time Frame: 4 Hours (H4)

Fundamental Analysis:

The USD/ZAR pair reflects the economic dynamics between the United States and South Africa. Key fundamental factors that could influence USD/ZAR include interest rate decisions from the Federal Reserve and the South African Reserve Bank, economic data releases such as employment statistics, GDP growth, trade balances, and manufacturing data. The U.S. dollar is a primary reserve currency and is often influenced by...

USDSEK analysis for 09.04.2024

Alfred Leon2024-04-09T06:47:20+00:00

Time Zone: GMT +2Time Frame: 4 Hours (H4)

Fundamental Analysis:

The USD/SEK pair reflects the economic dynamics between the United States and Sweden. Key fundamental factors that could influence the USD/SEK include interest rate decisions from the Federal Reserve and the Riksbank, economic data releases such as employment statistics, GDP growth, trade balances, and manufacturing data. The U.S. dollar is a primary reserve currency and tends to be influenced by global risk...

GBPAUD analysis for 08.04.2024

Alfred Leon2024-04-08T03:35:32+00:00

Time Zone: GMT +2Time Frame: 4 Hours (H4)

Fundamental Analysis:

The GBP/AUD currency pair reflects the dynamics between two major economies: the United Kingdom and Australia. Fundamental factors affecting GBP/AUD include interest rate differentials set by the Bank of England and the Reserve Bank of Australia, economic data releases from both countries, and global risk sentiment. The Australian dollar is often influenced by commodity prices, especially metal and mining exports, while the...

GBPCAD analysis for 04.04.2024

Alfred Leon2024-04-04T06:26:09+00:00

Time Zone: GMT +2Time Frame: 4 Hours (H4)

Fundamental Analysis:

The GBPCAD pair reflects the economic interplay between the United Kingdom and Canada. Factors influencing the pair include differences in interest rates set by the Bank of England and the Bank of Canada, oil prices due to Canada's status as a major oil exporter, and political events such as Brexit negotiations. Economic data releases from both countries, such as employment reports, GDP...

EURAUD analysis for 03.04.2024

Alfred Leon2024-04-03T08:22:00+00:00

Time Zone: GMT +2Time Frame: 4 Hours (H4) 

Fundamental Analysis:

The EURAUD pair is influenced by various factors including economic indicators from the Eurozone and Australia, such as GDP growth rates, employment data, and inflation. Central bank policies, particularly from the European Central Bank (ECB) and the Reserve Bank of Australia (RBA), play significant roles. Trade balance reports and political stability within both regions also affect the pair. It's crucial to monitor...

BTCUSD analysis for 01.04.2024

Alfred Leon2024-04-01T01:47:45+00:00

Time Zone: GMT +2Time Frame: 4 Hours (H4) 

Fundamental Analysis:

Bitcoin trades against the US Dollar as BTCUSD. Key fundamental factors impacting Bitcoin include regulatory news, technological advancements, network scalability debates, and macroeconomic trends affecting the USD such as monetary policy and inflation. As a digital asset, Bitcoin is influenced by investor sentiment around its store of value and medium of exchange roles. Additionally, adoption by institutional investors and advancements in blockchain...

GBPNZD analysis for 29.03.2024

Alfred Leon2024-03-29T01:56:35+00:00

 Time Zone: GMT +2Time Frame: 4 Hours (H4)

Fundamental Analysis:

The GBPNZD pair reflects the economic dynamics between the United Kingdom and New Zealand. Key factors influencing this currency pair include interest rate differentials between the Bank of England and the Reserve Bank of New Zealand, trade balance data, and geopolitical events affecting either economy. In addition, the impact of commodity prices, especially dairy products which are significant to New Zealand's exports,...