EURGBP H4 Daily Technical and Fundamental Analysis for 11.14.2024
Time Zone: GMT +2Time Frame: 4 Hours (H4)
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)
Fundamental Analysis:
The USD/CAD forex trading pair reflects the economic interplay between the United States and Canada, and its news analysis today is influenced by factors like interest rate policies, employment figures, and geopolitical events. Upcoming U.S. data from the University of Michigan on consumer confidence and inflation expectations could impact the USD, as consumer sentiment often leads to shifts in spending behavior, which...
EURUSD Daily Technical and Fundamental Analysis for 11.07.2024
Time Zone: GMT +2Time Frame: 4 Hours (H4)
Fundamental Analysis:
The EUR/USD pair, reflecting the exchange rate between the Euro (EUR) and the US Dollar (USD), is currently under significant influence from recent geopolitical and economic events. The recent re-election of Donald Trump as the US president has boosted the USD, as markets anticipate policy continuity, which often supports the dollar in times of perceived political stability. Today, traders will keep a...
EURGBP H4 Technical and Fundamental Analysis for 11.06.2024
Time Zone: GMT +3Time Frame: 4 Hours (H4)
Fundamental Analysis:
The EUR/GBP news analysis today is impacted by the economic dynamics of both the Eurozone and the United Kingdom. The upcoming news for today includes significant data releases for both currencies. The UK Construction PMI, a key indicator of economic health, is expected to impact the GBP if it diverges from forecasts, with figures above 50 signaling expansion. Meanwhile, the Eurozone is...
EURAUD H4 Daily Technical and Fundamental Analysis for 11.05.2024
Time Zone: GMT +2Time Frame: 4 Hours (H4)
Fundamental Analysis
The EUR/AUD currency pair tracks the exchange rate between the Euro (EUR) and the Australian Dollar (AUD). On November 5, 2024, attention is centered on economic developments from both regions. For the Australian dollar, traders are eyeing the Reserve Bank of Australia's (RBA) latest interest rate announcement and subsequent policy statement. The market will be looking for any indications of future rate...
EURJPY Daily Technical and Fundamental Analysis for 11.04.2024
Time Zone: GMT +2Time Frame: 4 Hours (H4)
Fundamental Analysis:
The EURJPY pair faces a fundamental backdrop characterized by key economic data releases. For the Euro, today's focus will be on several Purchasing Managers' Index (PMI) reports. These PMIs are leading indicators of economic health and can drive volatility if the data significantly diverges from expectations. The higher-than-expected PMI readings would indicate economic expansion, potentially bolstering the Euro, while weaker-than-expected numbers could...
EURUSD Daily Technical and Fundamental Analysis for 10.31.2024
Time Zone: GMT +3Time Frame: 4 Hours (H4)
Fundamental Analysis:
The EURUSD pair faces downward pressure from recent Eurozone data releases, showing a mixed economic picture. Germany’s retail sales disappointed with a -0.7% decline, against expectations of a 1.6% increase, suggesting weaker consumer spending and an economic slowdown. Similarly, German import prices showed a decrease of -0.4%, in line with forecasts but reflecting declining demand. France's CPI was modestly positive at 0.2%,...
AUDUSD Daily Technical and Fundamental Analysis for 10.30.2024
Time Zone: GMT +3Time Frame: 4 Hours (H4)