USD/JPY H4 Technical and Fundamental Analysis for 08.27.2024
Time Zone: GMT +3Time Frame: 4 Hours (H4)
USDCAD H4 Technical and Fundamental Analysis for 08.26.2024
Time Zone: GMT +3Time Frame: 4 Hours (H4)
Fundamental Analysis:
The USD/CAD news analysis today is influenced by a variety of macroeconomic factors, including crude oil prices (since Canada is a major oil exporter), interest rate differentials between the Federal Reserve and the Bank of Canada, and economic indicators such as GDP growth, employment data, and inflation rates. Additionally, recent data releases related to U.S. durable goods orders are crucial as they...
GBPUSD H4 Technical and Fundamental Analysis for 22.08.2024
Time Zone: GMT +3Time Frame: 4 Hours (H4)
Fundamental Analysis:
The GBP/USD news analysis today is currently influenced by several key economic indicators. For today, the focus is on the U.S. data releases, including Jobless Claims and PMI figures, which will provide insights into the U.S. economy's health. Stronger-than-expected data could bolster the U.S. Dollar, leading to potential changes in the GBP/USD exchange rate. On the other hand, the U.K.'s PMI data...
EURUSD H4 Technical and Fundamental Analysis for 21.08.2024
Time Zone: GMT +3Time Frame: 4 Hours (H4)
Fundamental Analysis:
The EUR/USD pair, reflecting the exchange rate between the Euro and the US Dollar, is currently influenced by recent economic data releases from both the Eurozone and the United States. In the Eurozone, the latest PMI readings suggest a mixed economic outlook. The French Manufacturing PMI slightly improved to 44.4 from 44.0, indicating a marginal recovery, although the sector remains in contraction....
EURCAD H4 Technical and Fundamental Analysis for 20.08.2024
Time Zone: GMT +3Time Frame: 4 Hours (H4)
Fundamental Analysis:
The EUR/CAD forecast today is shaped by a series of critical economic indicators from both the Eurozone and Canada, creating a dynamic environment for potential market movements. From the Eurozone, the Current Account surplus came in at €37.0B, slightly higher than the previous €36.7B, indicating a stable economic backdrop. The Final Core CPI and Final CPI both remained steady at 2.9% and...
CADJPY H4 Technical and Fundamental Analysis for 19.08.2024
Time Zone: GMT +3Time Frame: 4 Hours (H4)
Fundamental Analysis:
The CAD/JPY fundamental analysis today is influenced by various macroeconomic factors and market sentiment. The Canadian Dollar is often correlated with oil prices, as Canada is a major oil exporter. Rising oil prices typically strengthen the CAD. Meanwhile, the Japanese Yen, often seen as a safe-haven currency, is influenced by global risk sentiment and Japan’s economic indicators, such as machine orders and...
GBP/CAD H4 Technical and Fundamental Analysis for 16.08.2024
Time Zone: GMT +3Time Frame: 4 Hours (H4)
Fundamental Analysis:
The GBPCAD currency pair represents the exchange rate between the British Pound (GBP) and the Canadian Dollar (CAD). Today, the GBP might experience fluctuations due to upcoming economic data releases, such as the UK's retail sales figures, which can provide insight into consumer spending and economic health. Meanwhile, the CAD is likely to be influenced by the release of Canadian inflation data,...
AUDUSD H4 Technical and Fundamental Analysis for 15.08.2024
Time Zone: GMT +3Time Frame: 4 Hours (H4)
Fundamental Analysis:
The AUD/USD news analysis today is influenced by several key fundamental factors, these economic data are released from both Australia and the United States, most of the time leading to increased volatility in the pair commonly known as the “Aussie”. Australia's economic health, particularly in areas such as employment, inflation, and consumer spending, plays a crucial role in determining the strength of...
GBPUSD H4 Technical and Fundamental Analysis for 14.08.2024
Time Zone: GMT +3Time Frame: 4 Hours (H4)
Fundamental Analysis:
The GBP/USD forecast today is shaped by ongoing developments in the UK and US economies. In the UK, recent data has shown a slight increase in the unemployment rate, which could suggest a cooling labor market, while inflation remains elevated, keeping the Bank of England on alert for further rate hikes. In the US, economic indicators like the Consumer Price Index (CPI)...
GBP/AUD H4 Technical and Fundamental Analysis for 13.08.2024
Time Zone: GMT +3Time Frame: 4 Hours (H4)