EURUSD H4 Technical and Fundamental Analysis for 11.22.2024
Time Zone: GMT +2Time Frame: 4 Hours (H4)
NZDUSD Daily Technical and Fundamental Analysis for 11.21.2024
Time Zone: GMT +2Time Frame: 4 Hours (H4)
Fundamental Analysis
The NZDUSD currency pair reflects the strength of the New Zealand Dollar (NZD) against the US Dollar (USD). Key US economic events today include speeches from several Federal Reserve officials, notably Susan Collins and Beth Hammack, which could provide market-moving insights regarding monetary policy. Initial jobless claims data and the Philly Fed Manufacturing Index will also be closely watched for indications of...
EURGBP H4 Technical and Fundamental Analysis for 11.20.2024
Time Zone: GMT +3Time Frame: 4 Hours (H4)
Fundamental Analysis:
For today’s EUR/GBP Fundamental analysis, we look at the balance between the economic performance of the Eurozone and the United Kingdom. GBP-focused traders are eyeing inflation data releases, including the Consumer Price Index (CPI), Producer Price Index (PPI), and Retail Price Index (RPI), which provide insights into price stability and economic health. Furthermore, BOE Deputy Governor David Ramsden's upcoming speech is expected...
USDCAD H4 Technical and Fundamental Analysis for 11.19.2024
Time Zone: GMT +2Time Frame: 4 Hours (H4)
Fundamental Analysis:
The USDCAD pair faces mixed fundamental influences, with Canadian inflation data showing slight improvement (CPI m/m at 0.3%) but subdued core inflation pressures, potentially prompting the Bank of Canada to maintain a cautious policy stance amid growth concerns. In contrast, resilient U.S. economic data, such as steady building permits at 1.44 million, supports the Federal Reserve's hawkish approach, widening interest rate differentials...
EURNZD H4 Daily Technical and Fundamental Analysis for 11.18.2024
Time Zone: GMT +2Time Frame: 4 Hours (H4)
Fundamental Analysis
The EURNZD currency pair, reflecting the Euro (EUR) against the New Zealand Dollar (NZD), is influenced by contrasting central bank policies and economic developments. For the Euro, traders await ECB President Christine Lagarde's upcoming speech, which may provide hints about inflation handling and potential policy adjustments. On the NZD side, cautious optimism prevails due to New Zealand's steady economic performance, although the...
GBPUSD H4 Technical and Fundamental Analysis for 11.15.2024
Time Zone: GMT +2Time Frame: 4 Hours (H4)
Fundamental Analysis:
The GBPUSD Forex trading pair, known as "Cable," remains sensitive to economic data from both the UK and the US, reflecting the economic relationship between these two major economies. The GBPUSD news analysis today, includes the US release of key retail sales data and the New York Manufacturing Index, indicators that will give insights into consumer spending and manufacturing health in the...
EURGBP H4 Daily Technical and Fundamental Analysis for 11.14.2024
Time Zone: GMT +2Time Frame: 4 Hours (H4)
Fundamental Analysis:
The EUR/GBP currency pair represents the exchange rate between the Euro (EUR) and the British Pound (GBP). Today, Euro traders are focusing on key data releases from Eurostat, including changes in employment and GDP growth for the Eurozone. These indicators offer insight into the region's economic health, with higher-than-forecasted results likely boosting the Euro. The ECB's President Christine Lagarde is also due...
AUDUSD H4 Technical and Fundamental Analysis for 11.13.2024
Time Zone: GMT +3Time Frame: 4 Hours (H4)
Fundamental Analysis:
The AUD/USD exchange rates reflect economic activity and sentiment in both Australia and the United States. This pair, also known as the “Aussie,” has its news analysis today significantly impacted by the upcoming US CPI data release, as stronger-than-expected inflation figures would support a more hawkish Federal Reserve outlook, potentially boosting USD strength against the AUD. Additionally, a panel discussion by RBA...
NZDUSD H4 Daily Technical and Fundamental Analysis for 11.11.2024
Time Zone: GMT +2Time Frame: 4 Hours (H4)
Fundamental Analysis:
The NZD/USD pair reflects the exchange rate between the New Zealand dollar (NZD) and the US dollar (USD), a popular pair for traders following both economies. Today, USD liquidity is expected to be low due to the Veterans Day bank holiday in the United States. Such low liquidity may result in unpredictable volatility, as the market becomes more prone to speculative activity....
USDCAD H4 Technical and Fundamental Analysis for 11.08.2024
Time Zone: GMT +2Time Frame: 4 Hours (H4)