Forex News

NZDUSD H4 Technical and Fundamental Analysis for 02.04.2025

Alfred Leon2025-02-04T05:15:58+00:00

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

Fundamental Analysis:

The NZD/USD forex pair is currently facing significant market influences, driven by both New Zealand and U.S. economic data releases. Today, key U.S. reports, including the JOLTS Job Openings (expected 8.01M, prior 8.10M) and Factory Orders m/m (-0.7% expected, previous -0.4%), will provide insight into the U.S. labor market and manufacturing sector. Additionally, speeches by FOMC members Bostic and Daly could impact...

AUDUSD H4 Technical and Fundamental Analysis for 02.03.2025

skye2025-02-03T07:51:09+00:00

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

Fundamental Analysis:

The Australian Dollar (AUD) is currently facing downward pressure amid key economic data releases. The latest Melbourne Institute CPI report is expected to provide insights into consumer inflation, which directly impacts the Reserve Bank of Australia's (RBA) monetary policy stance. Meanwhile, Australian Retail Sales and ANZ Job Advertisements reports will give a clearer picture of consumer spending and employment trends. Any signs...

GOLD (XAU/USD) H4 Technical and Fundamental Analysis for 01.31.2025

Alfred Leon2025-01-31T00:27:05+00:00

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

Fundamental Analysis

Gold (XAU/USD) continues its bullish trend as investors anticipate key US economic data releases today. The Personal Consumption Expenditures (PCE) index, a crucial inflation gauge for the Federal Reserve, is set to be released, along with Personal Income and Spending reports. A higher-than-expected reading could strengthen the US dollar, potentially putting pressure on gold. However, growing expectations of a dovish Fed stance...

SILVERUSD Daily Technical and Fundamental Analysis for 01.30.2025

Alfred Leon2025-01-30T02:43:06+00:00

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

Fundamental Analysis

Silver (XAG/USD) remains a key asset in the commodities market, influenced by economic data, geopolitical risks, and inflationary trends. Today, the US economic calendar includes GDP growth figures, jobless claims, and inflation reports, which will play a significant role in shaping USD strength and, consequently, silver prices. Strong GDP data could boost the dollar, leading to downward pressure on silver, while weak...

EURUSD H4 Technical and Fundamental Analysis for 01.29.2025

Alfred Leon2025-01-29T20:26:48+00:00

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

Fundamental Analysis:

The EUR/USD pair is currently at a crucial juncture, with traders anticipating key economic data releases from both the Eurozone and the United States. In the Eurozone, GDP First Estimate, Consumer Price Index (CPI), and Unemployment Rate are set to influence the euro's performance. A stronger-than-expected GDP or CPI could reinforce bullish sentiment, whereas a higher unemployment rate may weaken the euro....

AUDUSD Daily Technical and Fundamental Analysis for 01.28.2025

Alfred Leon2025-01-28T08:48:20+00:00

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

Fundamental Analysis:

The AUDUSD currency pair reflects the exchange rate between the Australian Dollar (AUD) and the US Dollar (USD). Today, the Australian Consumer Price Index (CPI) data was released, showing quarterly growth of 0.3%, slightly above the forecast of 0.2%. On an annual basis, CPI stands at 2.5%, aligning with expectations and indicating a steady inflationary environment. The Trimmed Mean CPI, which excludes...

EURCHF H4 Technical and Fundamental Analysis for 01.27.2025

Alfred Leon2025-01-27T02:14:17+00:00

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

Fundamental Analysis:

The EUR/CHF exchange rate is influenced today by key speeches from central bank officials. ECB President Christine Lagarde is scheduled to speak at an event hosted by the Hungarian National Bank. Her remarks will be closely monitored for any clues regarding future monetary policy, as they could impact the euro's strength. Meanwhile, SNB Chairman Martin Schlegel will participate in a televised interview,...

GBPUSD H4 Technical and Fundamental Analysis for 01.24.2025

Alfred Leon2025-01-24T00:18:13+00:00

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

Fundamental Analysis:

The GBP/USD currency pair represents the exchange rate between the British Pound (GBP) and the US Dollar (USD), a popular forex pair due to its volatility and liquidity. Today’s economic calendar highlights several key events that could influence GBP USD forex pair. On the USD side, PMI figures for both manufacturing and services, along with home sales data, provide critical insights into...

USDCAD H4 Technical and Fundamental Analysis for 01.23.2025

Alfred Leon2025-01-23T01:56:34+00:00

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

Fundamental Analysis:

Today, USDCAD traders will be paying close attention to key economic indicators and events affecting both the USD and CAD. On the CAD side, Statistics Canada will release Core Retail Sales data, a primary gauge of consumer spending. Positive retail figures could bolster CAD strength, as they reflect healthy economic activity. Additionally, the World Economic Forum in Davos might feature remarks from...

EURCAD Daily Technical and Fundamental Analysis for 01.21.2025

Alfred Leon2025-01-21T07:07:51+00:00

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

Fundamental Analysis:

Today, the EURCAD pair is influenced by economic releases from both the Eurozone and Canada. The Eurozone will see the release of the German ZEW Economic Sentiment and the broader ZEW Economic Sentiment for the Eurozone, which are indicators of investor sentiment and economic expectations. A higher reading might support the Euro, signaling economic optimism in the region. For Canada, there is...