Analisis Fundamental Forex

17.03.2023BTC is doing well. The flagship cryptocurrency rose to USD 25,858 by Friday. The weekly gain is estimated at 29.6%. The market is clearly aiming to consolidate above USD 26,200. If this succeeds, the road to 35,000-40,000 USD will be clear.The cryptocurrency market capitalisation stands at...

17.03.2023EURUSD is looking neutral on Friday. The current quote is 1.0650.Investors are slowly tidying up the remnants of their nervous system. Exchange volatility is decreasing, which is good news.The European Central Bank meeting the day before ended as expected. The interest rate was raised by 5...

16.03.2023AUD paired with the US dollar "broke off" the recovery, declined due to the external background and now needs a "support" again. The current AUDUSD quote is at 0.6631. The main pressure on the AUD comes from the US dollar. It has significantly strengthened against the background of the glo...

16.03.2023EURUSD pair looks weak on Thursday. The current quote in EURUSD is 1.0600. The fluctuation amplitude of the main currency pair looks as massive as before. It's all about the global "risk aversion" seen in the capital markets.The isolated signals of problems in the U.S. banking sector could...

15.03.2023The BTC rose to 24,968 USD in the middle of the week. After the cryptocurrency market took a break from domestic negativity and regained correlation with US exchanges, all news related to the US and its economy in one way or another became relevant. For example, the consumer price index re...

15.03.2023The Australian Dollar paired with the US dollar is gently recovering. The current AUDUSD quote is at 0.6684.Both the weakening factor of the US dollar and the technical signals are working in favour of the AUD.The fundamental background looks multidirectional. Australia released its own st...

15.03.2023The main currency pair gained further on Wednesday. The current quote in EURUSD is 1.0740.The statistics published the day before from the USA showed that the problem with inflation is still relevant. Consumer price index fell to 6.0% y/y in February compared to the previous value of 6.4%,...

14.03.2023The British pound sterling has risen markedly against the US dollar. The current quote in GBPUSD is 1.2164.The UK released employment sector statistics on Tuesday. The unemployment rate in January held steady at 3.7% against expectations of an increase to 3.8%. Average payrolls for the 3 m...

14.03.2023The EURUSD is holding on to its previous positions as of Tuesday. The current quote in EURUSD is 1.0710. At yesterday's closed meeting, the US Federal Reserve discussed the interest rate aspect for the Federal Reserve Banks. It was probably also about the sustainability of the US banking s...

13.03.2023The BTC exchange rate experienced a difficult weekend. There was both a drop and a subsequent recovery. By Monday, the flagship cryptocurrency had risen to USD 22,484. The strengthening over the last 24 hours is around 10%.BTC has regained its correlation with the US stock market, and the ...

13.03.2023EURUSD recovered strongly on Monday. The current quote in EURUSD is 1.0720.The market is "full of nervousness and doubt". A closed extraordinary meeting of the US Federal Reserve is scheduled for Monday. The official agenda suggests that the parameters for the federal funds rate within the...

10.03.2023We would like to start with some good news but we do not have any. By Friday, the BTC has dropped to 19,870 USD, breaking through the stop area directly down.Sales in the BTC sped up after the leading crypto broke through 21,350 USD. The inner tension is growing. It seems that this is just...

10.03.2023The Japanese yen is retreating from the US dollar again. The current quote is 136.66.On Friday, the Bank of Japan had a meeting that ended in nothing. The interest rate remains at -0.10% per annum, as expected. The treasury bond yield control policy saw no changes either.In the comments, t...

09.03.2023The Japanese yen against the US dollar dropped to the lows since 20 December. The current quote is 136.61.The yen got under pressure and saw a decline to the local lows after the US dollar got supported by the signals of the Fed. The interest rate in the US might be growing faster than it ...

09.03.2023The EURUSD got under pressure. The current quote is 1.0550.The reason was the comments made by Jerome Powell, the chairman of the US Federal Reserve System. Speaking before the Senate on Tuesday, he seemed to open the door for more noticeable increases in the interest rate at upcoming meet...

07.03.2023EURUSD uses any base for growth efficiently. The current quote is 1.0690.Investors are nervous before the evening speech of the chairman of the Federal Reserve System Jerome Powell in the Senate. The market abstains from any activity because the tension around Powell’s comments is quite hi...

07.03.2023The Australian dollar in pair with the US dollar lost balance and dropped. The current quote is 0.6707.At the meeting that closed today, the Reserve Bank of Australia lifted the interest rate by just 25 base points to 3.6% per annum. This decision went in line with the forecasts.This is th...

06.03.2023On Monday, the BTC is recovering timidly, mostly fluctuating near 22,413 USD. Over the week, the crypto lost 4.42%. Last week was totally unlucky for the BTC. The news inside and outside the market was bad. Anything connected to possible bankruptcy of Silvergate can be a strong negative dr...

06.03.2023The Australian dollar vs the aUs Dollar is balancing under much pressure, trying to stabilise all the time. The current quote is 0.6757.This morning, China has announced that in 2023 its GDP will grow by some 5%. This is quite a modest increase, especially compared to some market estimatio...

03.03.2023The BTC weakened quite a bit overnight. By Friday, the leading crypto has dropped to 22,401 USD.The crypto got given away by the inner market news. Most probably, it was the situation with the Silvergate bank, with which several crypto exchanges at once refused to work. Meanwhile, the US s...

03.03.2023EURUSD has stabilised after a series of amplitude fluctuations. The current quote is 1.0610.The EU failed to support the EUR by good news. The prelim CPI in February turned out at 8.5% y/y instead of declining to 8.3% y/y, while earlier it was 8.6%. Base inflation is estimated at 5.6% y/y ...

02.03.2023The British pound against the US dollar is declining. The current quote is 1.2000.The head of the BoE Andrew Bailey voiced yesterday that nothing had been decided firmly yet in terms of interest rate increases in Britain.At the conference, Bailey tried to warn investors of either excessive...

02.03.2023EURUSD grew quite a bit overnight. The current quote is 1.0650.The USD got a hard blow from the production statistics from February. The ISM PMI grew from 47.4 points to 47.7 points instead of 48.0 points. The index remains under the psychologically important level of 50.0 points marking t...

01.03.2023On Wednesday, the BTC grew to 23,739 USD.So, the market has secured above 23,500 USD. It opens a pathway for 25,000 USD, as planned earlier. With more ambitious goals, we should wait: this spin of growth might be quite lengthy and cautious.Today global markets look interested in risks. Ini...

01.03.2023The Australian dollar against the US dollar has put its decline on a pause. The current quote is 0.6753.The report from today demonstrated growth of the Australian GDP in Q4, 2022 by 2.7% y/y just as expected, or by 0.5% y/y instead of the expected 0.8%.Among other components of the report...

01.03.2023EURUSD has stabilised, and this is good news. The current quote is 1.0610.USD fans got somewhat disappointed by the US statistics from yesterday. The Conference Board CCI in February dropped to 102.9 points from 106.0 points. The forecast implied growth to 108.5 points.In the components of...

28.02.2023The British pound against the US dollar somewhat stabilised. The current quote is 1.2043.The issue of Brexit has come afloat in quite an unexpected way. Rishi Sunak’s government is now facing a hard task: it needs to persuade politicians from Northern Ireland to support a new trade agreeme...

28.02.2023The Japanese yen against the US dollar remains weak. The current quote is 136.35.Morning statistics from Japan demonstrated growth of retail sales in January by 6.3% y/y while the forecast had been 4.2%. A month before, the growth amounted to 3.8% y/y.The prelim calculation of industrial p...

27.02.2023On Monday, the BTC is balancing near 23,488 USD.US investors on Friday were avoiding risks, which led to a sale at US exchanges. However, this just barely touched upon the crypto world. Market participants remain neutral, waiting for a chance to get towards the purchasing goals. The BTC ne...

27.02.2023EURUSD has fallen even deeper. The current quote is 1.0550.The main thing that triggered growth of the USD was the publication of an inflation report, meaningful for the Fed. Namely, the Core PCE Price Index. These are the data that the regulator uses to decide upon the interest rate.Well,...