EURCAD analysis for 23.01.2024
Time Zone: GMT +2Time Frame: 4 Hours (H4)Fundamental Analysis:For the EUR/CAD pair, economic conditions in both the Eurozone and Canada significantly influence price movements. Factors such as the European Central Bank’s monetary policy, Eurozone's economic health, and the oil market (as Canada is a major oil exporter) need to be considered. Any change in these fundamentals could affect the EUR/CAD rates. Additionally, political events and economic data releases from both...