AUDUSD H4 Technical and Fundamental Analysis for 10.07.2024
Time Zone: GMT +3Time Frame: 4 Hours (H4)
BTC/USD H4 Technical and Fundamental Analysis for 10.04.2024
Time Zone: GMT +3Time Frame: 4 Hours (H4)
Fundamental Analysis:
The BTCUSD forex pair reflects the exchange rate between Bitcoin (BTC) and the US Dollar (USD), a crucial instrument for cryptocurrency traders. Today’s market is poised for volatility due to significant economic releases in the US, including Non-Farm Payrolls (NFP) and the Unemployment Rate. These reports are essential indicators of economic strength, and a higher-than-expected NFP figure or lower unemployment rate may...
NZDUSD H4 Technical and Fundamental Analysis for 10.03.2024
Time Zone: GMT +3Time Frame: 4 Hours (H4)
Fundamental Analysis:
The NZD/USD forex pair, also known as “Kiwi,” is often influenced by commodity prices and global risk sentiment, and continues to be impacted by macroeconomic data from both New Zealand and the U.S. Today, traders are watching upcoming U.S. reports, including jobless claims and the job cut announcements, which will provide insight into the U.S. labor market's health. Stronger-than-expected data could bolster...
EURUSD H4 Technical and Fundamental Analysis for 10.02.2024
Time Zone: GMT +3Time Frame: 4 Hours (H4)
Fundamental Analysis:
The EUR/USD forex pair, also known as “Fiber,” reflects the relative strength of the Eurozone and US economies. Currently, the market is focused on macroeconomic data such as employment figures, inflation rates, and central bank policies. Upcoming releases, such as France’s government budget balance and unemployment data across key European economies, are critical for Euro traders. On the US side, employment data...
EURCAD H4 Technical and Fundamental Analysis for 10.01.2024
Time Zone: GMT +3Time Frame: 4 Hours (H4)
Fundamental Analysis:
The EUR/CAD pair is currently influenced by various economic developments. The Canadian Dollar's movement is heavily tied to oil prices, and recent volatility in the oil market has caused fluctuations in the CAD. The Bank of Canada’s (BoC) decision to hold interest rates has also kept the CAD under pressure. Meanwhile, Eurozone data continues to show mixed results, with weaker industrial production...
EURGBP H4 Technical and Fundamental Analysis for 09.30.2024
Time Zone: GMT +3Time Frame: 4 Hours (H4)
Fundamental Analysis:
The EUR/GBP news analysis today is influenced by various fundamental factors, including economic indicators, interest rates, and geopolitical events impacting both the Eurozone and the UK. As the European Central Bank (ECB) and the Bank of England (BoE) manage their monetary policies, traders closely monitor releases such as the Consumer Price Index (CPI) and Gross Domestic Product (GDP) data from both regions....
USDCAD H4 Daily Technical and Fundamental Analysis for 09.27.2024
Time Zone: GMT +3Time Frame: 4 Hours (H4)
Fundamental Analysis:
The USDCAD pair reflects the exchange rate between the US Dollar (USD) and the Canadian Dollar (CAD). Today’s key events impacting this pair include the upcoming speech from Federal Reserve Governor Lisa Cook, which could hint at future monetary policy, especially regarding interest rates and the impact of artificial intelligence on the labor force. In addition, traders are waiting for important US...
EURUSD H4 Technical and Fundamental Analysis for 09.26.2024
Time Zone: GMT +3Time Frame: 4 Hours (H4)
Fundamental Analysis:
The EUR/USD fundamental outlook today is influenced by both the Eurozone's economic factors and the strength of the US dollar. Recently, several key developments in both economies have affected this pair that’s also known as the “Fiber”. The US dollar has seen strength due to hawkish comments from Federal Reserve officials like Governor Adriana Kugler, signaling potential rate hikes. Additionally, economic data...
AUDUSD H4 Technical and Fundamental Analysis for 09.24.2024
Time Zone: GMT +3Time Frame: 4 Hours (H4)
Fundamental Analysis:
The AUD/USD pair is currently influenced by critical economic events. Earlier today, the Reserve Bank of Australia (RBA) maintained its cash rate at 4.35%, which was anticipated by the market, accompanied by the RBA Rate Statement and subsequent Press Conference. These factors are crucial in shaping the Australian dollar's direction against United States’ Dollar. The RBA’s stance was seen as relatively neutral,...
GBPUSD H4 Technical and Fundamental Analysis for 09.23.2024
Time Zone: GMT +3Time Frame: 4 Hours (H4)