Forex News

NZDJPY analysis for 05.01.2023

Time Zone: GMT +2Time Frame: 4 Hours (H4)Fundamental Analysis:The NZDJPY pair represents the exchange rate between the New Zealand Dollar (NZD) and the Japanese Yen (JPY). Fundamental drivers for this currency pair typically include the interest rate differential between the Reserve Bank of New Zealand and the Bank of Japan, trade balance data, and commodity price fluctuations, particularly dairy products for New Zealand. Additionally, Japan's status as a major exporter...

EURCAD analysis for 04.01.2023

Time Zone: GMT +2Time Frame: 4 Hours (H4)Fundamental Analysis:The EURCAD currency pair, represented in the H4 timeframe, is influenced by various economic factors. The Euro is affected by the European Central Bank's policy decisions, economic data releases from the Eurozone, and political stability within the EU. The Canadian Dollar is swayed by commodity prices, particularly oil, due to Canada's status as a major exporter. Trade relationships, economic indicators, and geopolitical...

Gold analysis for 3.1.2024

Time Zone: GMT +2Time Frame: 4 Hours (H4)Fundamental Analysis:The fundamental analysis for the gold market, as of January 3, 2024, must take into account the current macroeconomic environment. Central bank policies, particularly the U.S. Federal Reserve's stance on interest rates amidst inflation concerns, are pivotal in shaping gold's valuation. Economic indicators such as employment data, manufacturing activity, and geopolitical events could introduce volatility, influencing gold's safe-haven appeal. Moreover, technological advancements...

ETHUSD analysis for 29.12.2023

Time Zone: GMT +2Time Frame: 4 Hours (H4)Fundamental Analysis:The ETHUSD pair represents the value of Ethereum in US dollars, with its price influenced by both cryptocurrency market sentiment and broader economic factors. Developments in the Ethereum blockchain, such as upgrades and protocol changes, can significantly impact its demand and value. Regulatory changes and policy decisions in major economies can also cause volatility, affecting investor confidence. The overall economic environment, including...

EURUSD analysis for 28.12.2023

Time Zone: GMT +2Time Frame: 4 Hours (H4)Fundamental Analysis:The EURUSD pair, a measure of the Euro against the US Dollar, is influenced by various economic indicators, policy decisions by the European Central Bank and the Federal Reserve, and geopolitical events. Recent shifts in interest rate differentials, trade balance data, and GDP growth rates are critical factors impacting this currency pair. Market sentiment is currently swayed by the Eurozone's economic recovery...

AUDCAD analysis for 27.12.2023

Time Zone: GMT +2Time Frame: 4 Hours (H4) Fundamental Analysis:The Australian Dollar (AUD) and Canadian Dollar (CAD) are both commodity currencies, and their exchange rate can be influenced by the prices of natural resources such as metals, oil, and gas. Australia's economic indicators, such as GDP growth, interest rate changes, employment rates, and commodity exports, play a significant role in the AUD's value. Similarly, Canada's economy is affected by its oil...

USDCHF analysis for 22.12.2023

Time Zone: GMT +2Time Frame: 4 Hours (H4) Fundamental Analysis:The USDCHF pair, representing the exchange rate between the U.S. Dollar and the Swiss Franc, is strongly influenced by both U.S. and Swiss economic indicators, monetary policies, and global risk sentiment. In particular, the U.S. Federal Reserve's interest rate decisions, economic data releases such as employment and inflation reports, and geopolitical tensions significantly affect the USD side of the pair. For the...

EURUSD Market Analysis for 21.12.2023

Time Zone: GMT +2Time Frame: 4 Hours (H4) Fundamental Analysis:Fundamental factors affecting this currency pair include economic indicators from the Eurozone and the United States, such as GDP growth rates, unemployment figures, interest rate decisions by the ECB and the Fed, and inflation data. Additionally, geopolitical events, trade relations, and political stability within both economies can lead to fluctuations in this pair. Amidst a global landscape marked by post-pandemic recovery challenges...

Silver Market Analysis for 20.12.2023

Time Zone: GMT +2Time Frame: 4 Hours (H4) Fundamental Analysis:The silver market, much like its counterpart gold, is heavily influenced by a host of macroeconomic factors, including industrial demand, inflation rates, and the performance of major currencies. It's also sensitive to geopolitical tensions and economic policies that can sway investor sentiment towards safe-haven assets like precious metals. Price Action:The H4 chart for silver indicates a period of volatility with a recent uptick...

EURUSD analysis for 19.12.2023

Time Zone: GMT +2Time Frame: 4 Hours (H4) Fundamental Analysis:EURUSD, the currency pair that measures the value of the Euro against the US Dollar, is influenced by the economic performance and policies of the Eurozone and the United States. Factors such as interest rate decisions by the European Central Bank and the Federal Reserve, economic data releases (e.g., employment, inflation rates), and geopolitical events can significantly impact the value of EURUSD....