Technical Analysis By FxGlory

[FXGLORY]

AUDUSD H4 Technical and Fundamental Analysis for 10.16.2025





Time Zone: GMT +3
Time Frame: 4 Hours (H4)


Fundamental Analysis:
The AUD-USD pair today may experience significant volatility due to important economic events from both Australia and the US. Australian employment data and unemployment rate releases from the Australian Bureau of Statistics can substantially impact the AUD, with better-than-forecast numbers likely providing strength to the Australian dollar. Additionally, Reserve Bank of Australia Assistant Governor Christopher Kent’s speech will be closely monitored for any hints regarding future monetary policy, adding another layer of potential volatility. Conversely, the US Dollar could be influenced by key speeches from several Federal Reserve Governors, including Christopher Waller, Michael Barr, Stephen Miran, and Michelle Bowman, alongside data from the Philadelphia Fed Business Outlook Survey and other economic indicators. Any hawkish commentary may provide support to the USD.


Price Action:
AUD/USD price analysis on the H4 timeframe indicates an ongoing uptrend, moving within a clearly defined ascending wedge. The recent price action shows a strong reaction to the lower trendline of the wedge, suggesting the possibility of a bounce upwards. If this support holds, the price could rally towards the upper trendline of the wedge. However, a decisive breakdown below this immediate support zone could open the door for further downward pressure.


Key Technical Indicators:
RSI (14): The Relative Strength Index currently stands at 41.21, signaling neutral to slightly bearish momentum. Traders should watch closely as RSI approaching 30 might indicate oversold conditions and a potential bullish reversal.
MACD (12,26,9): The MACD indicator is slightly negative (-0.001316) and remains below its signal line (-0.001886), indicating mild bearish momentum. Traders should watch for a bullish crossover as a potential reversal signal.
Stochastic Oscillator (5,3,3): Currently at 46.66 and 65.68, the Stochastic oscillator remains neutral. Traders should observe whether it moves towards the overbought or oversold zones for clearer signals regarding short-term price movements.


Support and Resistance:
Support: Immediate support levels are found at approximately 0.6430, near the ascending wedge's lower boundary. A secondary support zone lies around 0.6390 if initial support is breached.
Resistance: Resistance is initially seen around 0.6535, coinciding with the recent swing highs. Further resistance resides near 0.6645 at the upper trendline of the wedge.


Conclusion and Consideration:
The AUD USD H4 chart analysis highlights a continuing bullish bias within an ascending wedge structure but cautions due to bearish signals from key technical indicators. Traders should closely monitor reactions at key support (0.6430, 0.6390) and resistance levels (0.6535, 0.6645). The economic calendar, featuring crucial employment data from Australia and influential speeches from US Federal Reserve officials, could significantly affect market sentiment and volatility. Trading decisions should be accompanied by strict risk management.


Disclaimer: The analysis provided for AUD/USD is for informational purposes only and does not constitute investment advice. Traders are encouraged to perform their own analysis and research before making any trading decisions on AUDUSD. Market conditions can change quickly, so staying informed with the latest data is essential.


FXGlory
10.16.2025

[FXGLORY]

BTCUSD H4 Technical and Fundamental Analysis for 10.17.2025





Time Zone: GMT +3
Time Frame: 4 Hours (H4)


Fundamental Analysis:
The BTC/USD pair continues to face notable volatility amid tightening global monetary sentiment and uncertainty surrounding U.S. regulatory frameworks for cryptocurrencies. Today’s USD-related news events, featuring Federal Reserve officials Stephen Miran, Neel Kashkari, and Alberto Musalem, are expected to bring potential volatility to the dollar market. As these FOMC voting members participate in high-profile economic discussions, any hawkish comments hinting at tighter monetary policy could strengthen the USD and place short-term bearish pressure on Bitcoin. On the other hand, if their tone leans dovish, BTC USD might find some relief, especially as investors seek alternative assets amid inflationary concerns.


Price Action:
The BTC/USD H4 chart shows that Bitcoin has been in a descending trend, with an approximate -14.5% drop from the previous high. After touching the $107,500 support zone, the price formed a new green bullish candle, signaling potential short-term buying pressure. This support level has been tested multiple times, highlighting its strength as a key demand area. However, a single bullish candle is insufficient to confirm a long-term reversal. The next resistance lies near $110,000, aligning with the 78.6% Fibonacci retracement zone. Traders should watch closely to see if Bitcoin can sustain above $107,500 or if the bears will regain control and drive the price lower.


Key Technical Indicators:
Bollinger Bands: BTC-USD trades in the lower half of the Bands, touching the lower boundary, signaling sustained bearish pressure with a possible short-term rebound.
RSI (28): The RSI at 36.07 hovers near oversold territory, suggesting selling momentum is weakening and a short-term bounce could occur.
%R (14): The %R at -85.37 confirms an oversold condition, indicating potential for a limited recovery if buying pressure emerges.erm, increasing the likelihood of a technical bounce if buying volume picks up near the $107,500 zone.


Support and Resistance:
Support: Immediate and strong support is established around $107,500, a key psychological and Fibonacci-based level that has been tested multiple times and previously triggered bullish reactions.
Resistance: The nearest resistance stands at $110,000, aligning with the 78.6% Fibonacci retracement level and marking the next barrier for any bullish continuation attempt.


Conclusion and Consideration:
The BTC/USD H4 technical outlook indicates a market at a crucial inflection point. While the price action suggests potential for a short-term rebound from the $107,500 area, confirmation from additional bullish candles and improving RSI is essential before assuming a trend reversal. The broader structure remains bearish unless Bitcoin breaks above $110,000 with volume support. Fundamentally, traders should stay alert to Federal Reserve speakers’ remarks today, as any hawkish tone could strengthen the dollar and pressure BTCUSD further. Short-term traders may look for intraday buying opportunities near support, while medium-term investors should wait for clearer confirmation of trend reversal signals.


Disclaimer: The analysis provided for BTC/USD is for informational purposes only and does not constitute investment advice. Traders are encouraged to perform their own analysis and research before making any trading decisions on BTCUSD. Market conditions can change quickly, so staying informed with the latest data is essential.


FXGlory
10.17.2025

[FXGLORY]

EURUSD H4 Technical and Fundamental Analysis for 10.28.2025





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


Fundamental Analysis:
The EUR/USD pair represents the strength comparison between the Euro (EUR) and the US Dollar (USD). Today, both currencies are influenced by several key economic releases. On the USD side, traders are awaiting data from the S&P Case-Shiller House Price Index (HPI), FHFA House Price Index, Richmond Fed Manufacturing Index, and Conference Board Consumer Confidence Index. These indicators are crucial as they provide insight into the overall economic health, consumer sentiment, and housing market stability—factors that can influence the Federal Reserve’s future monetary policy outlook. On the Eurozone side, the NIQ Consumer Sentiment Index is scheduled for release, which will reflect consumer optimism across member states. Stronger-than-expected data from Europe could provide the EUR some support; however, the USD remains dominant amid persistent expectations for higher-for-longer interest rates in the U.S. economy. As a result, market participants should anticipate moderate volatility in the EUR/USD H4 trading sessions today.


Price Action:
The EUR/USD H4 chart shows that the pair has been trading in a bearish trend, but recently initiated a corrective upward move. After rebounding from the lower boundary of the descending channel and the green trendline, the price started forming higher lows. The price is currently positioned above the 23.6% Fibonacci retracement level and is moving toward the 38.2% Fibonacci level, signaling a short-term bullish correction within the broader bearish structure.
The presence of multiple green candles near the ascending support line confirms buyer interest, while the Parabolic SAR dots below the candles indicate short-term bullish pressure. This aligns with improving momentum and a possible retest of the 1.1680–1.1700 zone, representing the next major resistance area.


Key Technical Indicators:
Parabolic SAR: The Parabolic SAR dots have shifted below the current candles, signaling the start of a potential bullish correction. This change indicates that buyers are gradually regaining control in the short term, and as long as the dots remain below the price, upward momentum may continue.
MACD (12,26,9): The MACD line currently reads 0.000419 and the signal line -0.000007, reflecting early bullish convergence. The histogram is showing positive momentum, suggesting that the bearish pressure is fading. A further widening between the MACD and signal lines would confirm continued short-term upside movement in EUR/USD H4 trading.
RSI (28): The RSI is positioned at 52.89, slightly above the neutral 50 level, which indicates that the pair is recovering from oversold conditions. This reading supports the idea of a short-term correction while maintaining potential room for additional upward movement before entering overbought territory.


Support and Resistance:
Support: The first key support lies around 1.1570, aligning with the 23.6% Fibonacci level and the upward trendline base. A break below this zone could resume the bearish momentum.
Resistance: The nearest resistance is located at 1.1680–1.1700, which corresponds to the 38.2% Fibonacci retracement level and the upper boundary of the current recovery channel.


Conclusion and Consideration:
In conclusion, the EUR/USD H4 technical analysis suggests that the pair is currently undergoing a bullish correction within a broader bearish trend. The alignment of the Parabolic SAR, MACD, and RSI supports continued short-term upside momentum, targeting the 38.2% Fibonacci level near 1.1680. However, traders should remain cautious, as strong USD fundamentals and upcoming U.S. housing and consumer confidence data could trigger renewed bearish sentiment.
Short-term traders may consider buying on dips above the trendline support, while swing traders should watch for potential reversals near resistance.


Disclaimer: The analysis provided for EUR/USD is for informational purposes only and does not constitute investment advice. Traders are encouraged to perform their own analysis and research before making any trading decisions on EURUSD. Market conditions can change quickly, so staying informed with the latest data is essential.


FXGlory
10.28.2025

[FXGLORY]

AUDUSD H4 Technical and Fundamental Analysis for 10.29.2025





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


Fundamental Analysis:
The AUD/USD pair is influenced today by significant economic data from both Australia and the United States. Australia's CPI figures, essential for assessing inflationary pressures, could potentially strengthen the Australian Dollar if the actual figures surpass forecasts, implying stronger inflationary pressures and increased likelihood of interest rate hikes by the Reserve Bank of Australia. Conversely, the US Dollar faces potential volatility with data from pending home sales, crude oil inventories, and particularly from the FOMC's statements and interest rate decisions. Traders will closely monitor these events for hints on future monetary policy shifts, significantly influencing the USD valuation.


Price Action:
Analyzing the AUD/USD pair on the H4 timeframe, the candles have been progressing within a bullish channel over an extended period. Despite a recent unsuccessful breakout, the price action re-entered the bullish channel and resumed upward momentum following a correction phase. Currently, the sharp bullish momentum indicates minimal likelihood of an immediate bearish correction. Buyers are likely to maintain control until the pair reaches its previous high around the resistance level of 0.66048. If bearish pressure emerges, the trendline support of the bullish channel may serve as the subsequent downside target.


Key Technical Indicators:
Parabolic SAR: Currently, dots are positioned below the candles, clearly indicating a bullish trend continuation. The indicator suggests strong buying momentum persisting in the short-term scenario.
William's %R: The indicator currently stands at -11.66, reflecting overbought conditions. However, in a robust bullish trend, such conditions might persist, implying continued strength and limited bearish retracement in the short term.
MACD: The MACD histogram is bullish, at 0.001959, with the signal line slightly below at 0.001615. This setup confirms ongoing bullish momentum, but traders should be vigilant for any narrowing which might suggest weakening momentum ahead.


Support and Resistance:
Support: Immediate support is identified at the bullish channel's lower trendline around 0.65180, providing a robust barrier against bearish movements.
Resistance: Resistance is prominently placed at the previous high near the 0.66048 level, marking a critical threshold for bullish continuation.


Conclusion and Consideration:
The technical outlook for AUD/USD on the H4 chart indicates sustained bullish momentum, supported by clear bullish signals from Parabolic SAR, William's %R, and MACD indicators. Traders should monitor closely for possible fluctuations from today's pivotal economic announcements from Australia and the US, particularly the US FOMC statements and interest rate decisions, which could significantly impact market volatility and direction. Given the current bullish scenario, vigilance at critical resistance and support levels is recommended.


Disclaimer: The analysis provided for AUD/USD is for informational purposes only and does not constitute investment advice. Traders are encouraged to perform their own analysis and research before making any trading decisions on AUDUSD. Market conditions can change quickly, so staying informed with the latest data is essential.


FXGlory
10.29.2025

[FXGLORY]

USDJPY H4 Technical and Fundamental Analysis for 10.30.2025





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


Fundamental Analysis:
The USDJPY currency pair is expected to exhibit significant volatility today, primarily influenced by events surrounding the Japanese Yen (JPY). Traders should closely monitor announcements from the Bank of Japan (BOJ), specifically regarding interest rate decisions, statements, and the subsequent press conference by the BOJ Governor. Given the typical impact of these events on currency valuation—especially concerning the BOJ's stance on inflation and economic outlook—JPY could experience sharp fluctuations. Meanwhile, no major USD events today suggest that the focus remains predominantly on JPY-driven news.


Price Action:
USDJPY on the H4 chart continues moving within a bullish ascending channel, reflecting steady bullish momentum. Currently, the price is at the upper band of the bullish channel, potentially indicating a forthcoming sideways or consolidative market behavior. Recent candle formations have shown consistent bullish intent, though encountering resistance near the channel’s upper line, suggesting traders remain cautious for a possible pullback or consolidation.


Key Technical Indicators:
Bollinger Bands: Bollinger Bands on USDJPY indicate bullish sentiment as the price continues to remain above the middle band. However, the upper band proximity may lead to short-term consolidation. Traders should remain alert for price reactions near the upper band, indicating possible resistance and volatility expansions.
Stochastic (5,3,3): Currently reading at 70.58 and 65.16, the stochastic oscillator signals a mild bullish momentum, nearing overbought territory. This indicates potential slowing momentum and traders should monitor closely for potential bearish divergence signaling reversal risks.
Williams %R (14): With a current value of -22.36, Williams %R supports bullish bias but similarly hints at a potential pullback or consolidation. This aligns with stochastic signals, further reinforcing the need for caution at current price levels.


Support and Resistance:
Support: Immediate support is situated around the channel’s midline near 151.500, which previously served as a critical price reaction point.
Resistance: Immediate resistance is established at the upper channel boundary near 153.100, marking recent highs and potential price exhaustion points.


Conclusion and Consideration:
The USDJPY pair’s bullish channel indicates sustained bullish potential, supported by current technical indicators. Yet, the proximity to resistance levels and mild overbought conditions signals caution for possible consolidation or mild corrections. Traders should closely follow BOJ communications today, given their significant potential to alter short-term price action.


Disclaimer: The analysis provided for USD/JPY is for informational purposes only and does not constitute investment advice. Traders are encouraged to perform their own analysis and research before making any trading decisions on USDJPY. Market conditions can change quickly, so staying informed with the latest data is essential.


FXGlory
10.30.2025

[FXGLORY]

USDCAD H4 Technical and Fundamental Analysis for 10.31.2025






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


Fundamental Analysis:
The USD/CAD currency pair today is influenced primarily by a series of key U.S. Federal Reserve events, with several FOMC members including Lorie Logan, Raphael Bostic, and Beth Hammack scheduled to speak at the Evolving Landscape of Bank Funding Conference. Traders are closely monitoring their remarks for hints about future interest rate policy and potential shifts in the Fed’s stance toward inflation and economic growth. A more hawkish tone could strengthen the U.S. Dollar. Meanwhile, from the Canadian side, GDP data from Statistics Canada remains a key focus, with markets anticipating its next release later in November. Stronger-than-expected growth would support the Canadian Dollar, but today’s sentiment is likely to be dominated by U.S. policy commentary, keeping the USD/CAD exchange rate sensitive to Fed-related remarks and risk sentiment.


Price Action:
The USDCAD H4 chart shows that the pair continues to trade within a clear ascending channel, maintaining a bullish trend overall. Recently, the price bounced from the 1.39000 support level and rallied upward toward 1.40000, which acts as the first resistance near the regression channel’s midline. The market structure suggests steady bullish momentum, though short-term corrections are visible. A breakout above 1.40000 could pave the way toward 1.40600 resistance, while a failure to hold above the channel midpoint may lead to a retest of 1.39000 or deeper supports at 1.38000 and 1.37300.


Key Technical Indicators:
Stochastic (5,3,3): The Stochastic Oscillator is currently at 64.27 and 72.93, signaling that bullish momentum is still active but approaching overbought territory. This suggests possible short-term consolidation or mild retracement before the next upward move, especially if the pair fails to break the 1.40000 resistance cleanly.
Williams %R (14): The %R indicator stands at -24.37, which places it near the overbought zone. This reflects that buyers are in control but the pair may experience short-term exhaustion. If the indicator turns downward, a brief correction could follow, offering new entry opportunities near support levels within the channel.


Support and Resistance:
Support: The immediate support zone is around 1.39000, followed by deeper levels at 1.38000 and 1.37300, which historically have acted as strong demand areas.
Resistance: The nearest resistance is located at 1.40000, aligning with the channel’s midline. The next resistance stands at 1.40600, representing the upper boundary of the bullish channel and a potential breakout target.


Conclusion and Consideration:
The USDCAD H4 analysis indicates that the pair is trading in a bullish trend, supported by both price action and technical indicators. However, short-term caution is advised as the Stochastic and Williams %R approach overbought levels, which may lead to minor pullbacks before further gains. The overall bias remains bullish while the price stays above 1.39000.
Traders should monitor today’s U.S. Fed speeches and market sentiment closely, as any hawkish commentary could reinforce USD strength and support a breakout above 1.40000.


Disclaimer: The analysis provided for USD/CAD is for informational purposes only and does not constitute investment advice. Traders are encouraged to perform their own analysis and research before making any trading decisions on USDCAD. Market conditions can change quickly, so staying informed with the latest data is essential.


FXGlory
10.31.2025

[FXGLORY]

EURUSD H4 Technical and Fundamental Analysis for 11.04.2025





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


Fundamental Analysis:
The EURUSD pair, representing the exchange rate between the Euro and the US Dollar, faces potential volatility today due to high-impact economic news. ECB President Christine Lagarde's speech at the Bulgarian National Bank and Bundesbank President Joachim Nagel's address in Berlin could induce significant movements in the euro, especially if their commentary hints at future monetary policy decisions. Meanwhile, the USD could react positively to Federal Reserve Governor Michelle Bowman's insights on the Fed's policy stance during the Santander International Banking Conference, as well as the RCM/TIPP Consumer Confidence data, shaping traders’ expectations for upcoming interest rate decisions and economic outlook.


Price Action:
Analyzing EUR/USD price action on the H4 chart reveals a clear bearish trend, underpinned by a long-term descending red trend line. The price is struggling to surpass the 23.6% Fibonacci retracement level, indicating significant bearish pressure. Despite the current green candle suggesting minor bullish momentum, the overall market sentiment remains bearish, reinforced by sustained price action below major moving averages.


Key Technical Indicators:
Moving Averages (MA): The short-term blue 9 MA has crossed below the long-term orange 21 MA, clearly signaling bearish sentiment. Both averages are sloping downward, reinforcing the negative momentum in the pair, highlighting sellers' dominance in the short-to-medium term.
Parabolic SAR: Currently positioned above the candles with parameters of 0.05/0.2, the Parabolic SAR dots confirm continued bearish momentum, providing strong technical validation for potential further downward movement.
MACD (Moving Average Convergence Divergence): The MACD histogram remains in negative territory, with both MACD and signal lines below the zero level, underscoring ongoing bearish momentum despite recent minor bullish fluctuations.
RSI (Relative Strength Index) 28: The RSI indicator at 38.66 reflects bearish market sentiment, though it's not yet oversold, suggesting there remains additional downside potential before buyers may step in more decisively.


Support and Resistance:
Support: Immediate support appears firm near the current 23.6% Fibonacci retracement level, approximately at 1.1513, which has halted further bearish moves.
Resistance: Key resistance lies near the dynamic descending trendline, approximately around 1.1580, closely aligning with the 38.2% Fibonacci retracement level.


Conclusion and Consideration:
EUR-USD remains predominantly bearish on the H4 chart, supported by multiple technical indicators including moving averages, Parabolic SAR, MACD, and RSI. Traders should exercise caution and closely monitor the upcoming speeches from the ECB and Fed, as they hold the potential to significantly shift market dynamics and alter the current bearish trajectory. Due diligence and careful risk management are advised given today's high-impact news environment.


Disclaimer: The analysis provided for EUR/USD is for informational purposes only and does not constitute investment advice. Traders are encouraged to perform their own analysis and research before making any trading decisions on EURUSD. Market conditions can change quickly, so staying informed with the latest data is essential.


FXGlory
11.04.2025

[FXGLORY]

NZDUSD H4 Technical and Fundamental Analysis for 11.05.2025





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


Fundamental Analysis:
The NZDUSD currency pair is influenced today by several key macroeconomic events from both New Zealand and the United States. On the New Zealand side, upcoming reports from Statistics New Zealand on employment change, unemployment rate, and private sector labor costs—alongside the Reserve Bank of New Zealand (RBNZ) Financial Stability Report press conference with Governor Christian Hawkesby—are expected to bring notable market volatility. Traders will watch for any hawkish tone from the RBNZ that might strengthen the NZD, especially if employment data reveals job growth or stable labor costs. For the USD, focus turns to the ADP Non-Farm Employment Change, S&P Global Services PMI, ISM Non-Manufacturing PMI, and EIA Crude Oil Inventories. Strong labor and services data from the US could further bolster the dollar, maintaining pressure on the NZDUSD pair.


Price Action:
The NZDUSD pair on the H4 chart continues to trade within a well-defined bearish descending channel, showing consistent lower highs and lower lows. The candles have been moving along the channel with several breakout failures from both the upper and lower bands, confirming the prevailing downtrend. Given the recent sharp descent in price, the pair has now approached the lower boundary of the channel, suggesting the possibility of a minor corrective rebound before resuming its downward movement. However, a confirmed breakout below this lower band could signal further bearish extension, especially if US economic data outperforms expectations.


Key Technical Indicators:
Parabolic SAR: The dots are currently positioned above the candles, confirming ongoing bearish momentum. This alignment indicates that sellers remain dominant in the market, and the trend could persist unless a reversal signal occurs with dots flipping below the price.
RSI (28): The Relative Strength Index reads 30.98, hovering near the oversold territory. This suggests that the pair is approaching an area where buying interest could emerge, signaling a potential short-term correction or consolidation phase before the next directional move.
Stochastic (5,3,3): The Stochastic oscillator shows values of 2.90 (K) and 3.26 (D), both deep in oversold territory. This indicates extreme selling pressure, and although the downtrend remains strong, a technical rebound might occur soon if the indicator crosses upward, hinting at temporary bullish correction.


Support and Resistance:
Support: The nearest support level lies around 0.5630, aligning with the lower boundary of the descending channel and a recent swing low.
Resistance: The initial resistance is seen near 0.5740, coinciding with the upper band of the bearish channel and previous consolidation highs.


Conclusion and Consideration:
The NZDUSD H4 technical analysis suggests that the pair remains entrenched in a strong bearish trend, with price action confined within a downward channel. Although both RSI and Stochastic indicate oversold conditions, the Parabolic SAR supports continued bearish sentiment. Traders should watch for corrective pullbacks toward resistance levels, which may offer renewed selling opportunities if the overall bearish channel structure holds. From a fundamental perspective, upcoming New Zealand labor data and the RBNZ Governor’s remarks could inject volatility, while stronger-than-expected US employment and PMI data may further weigh on the NZD.


Disclaimer: The analysis provided for NZD/USD is for informational purposes only and does not constitute investment advice. Traders are encouraged to perform their own analysis and research before making any trading decisions on NZDUSD. Market conditions can change quickly, so staying informed with the latest data is essential.


FXGlory
11.05.2025

[FXGLORY]

GBPUSD H4 Technical and Fundamental Analysis for 11.06.2025





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


Fundamental Analysis:
The GBP/USD currency pair continues to reflect ongoing market uncertainty as key economic events unfold today. For the USD, traders should closely monitor the Challenger Job Cut Announcements and the EIA Natural Gas Stocks data, as these reports can influence short-term volatility in the market. Additionally, speeches from prominent FOMC members, including Federal Reserve Governor Michael Barr and President John Williams, could inject significant volatility into USD trading, especially if their remarks imply potential shifts in monetary policy. On the GBP side, today's release of the Construction PMI and the Bank of England's Monetary Policy Report, along with Governor Andrew Bailey's press conference, may significantly impact market sentiment and the GBP’s valuation.


Price Action:
The GBP/USD H4 chart analysis highlights a distinct bearish channel, confirming strong downward momentum. Recently, price action has sharply breached the lower boundary of this bearish channel, indicating an aggressive selling pressure. While a brief corrective phase is expected given the oversold conditions, current price action strongly suggests bears are in control, forecasting a potential continuation of the bearish trend.


Key Technical Indicators:
Moving Average (100): Current candles are positioned significantly below the 100-period moving average, suggesting a strong bearish sentiment. However, the distance from the average is substantial, indicating that a corrective movement towards the moving average could occur in the short term.
RSI (28): The RSI stands at 34.79, reflecting oversold conditions and indicating potential exhaustion of the bearish momentum. Traders should remain alert for a possible bullish divergence or correction from current levels.
Williams %R: The Williams %R indicator is currently at -71.74, also denoting oversold conditions. This reinforces the possibility of a corrective rally but maintains the bearish sentiment overall as long as it remains below -50.


Support and Resistance:
Support: Immediate support is observed near the recent lows around 1.3020, a critical level for the bears to maintain momentum.
Resistance: Resistance is identified at 1.3150, coinciding with the lower boundary of the previously broken bearish channel, now serving as dynamic resistance.


Conclusion and Consideration:
The GBP/USD H4 technical analysis suggests continued bearish momentum, supported by price action and key technical indicators including the Moving Average, RSI, and Williams %R. However, oversold conditions on these indicators imply a potential short-term correction or consolidation phase. Traders must stay vigilant due to significant fundamental events today, notably the central bank communications from both the Federal Reserve and Bank of England, which could substantially alter current market dynamics.


Disclaimer: The analysis provided for GBP/USD is for informational purposes only and does not constitute investment advice. Traders are encouraged to perform their own analysis and research before making any trading decisions on GBPUSD. Market conditions can change quickly, so staying informed with the latest data is essential.


FXGlory
11.06.2025

[FXGLORY]

USDCAD H4 Technical and Fundamental Analysis for 11.07.2025





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


Fundamental Analysis:
Today, USD will likely face notable volatility as Federal Reserve officials, including Governor Christopher Waller, Philadelphia President Anna Paulson, St. Louis President Alberto Musalem, New York President John Williams, and Governor Philip Jefferson, are set to speak. Hawkish commentary from these FOMC members could strengthen the USD by signaling tighter monetary policy. Concurrently, the Canadian Dollar (CAD) is also expected to experience volatility due to employment data and unemployment rates from Statistics Canada, which directly influences the economic outlook for Canada, potentially impacting CAD significantly.


Price Action:
USD/CAD H4 price action analysis illustrates a bullish trend, correcting the bearish momentum faced earlier in 2025. The pair currently trades in the upper half of the regression channel, demonstrating continued upward strength. The short MA (9, blue) recently crossed above the longer MA (21, orange), confirming bullish momentum. Recent candles are supported by Parabolic SAR dots appearing beneath the price action, further validating the bullish scenario.


Key Technical Indicators:
Moving Averages (MA9 & MA21): The short-term MA9 (blue) has recently crossed above the long-term MA21 (orange), signaling a strong bullish entry indication. The price continues to trade comfortably above both MAs, providing confidence in the current bullish outlook.
Parabolic SAR: The last three dots from the Parabolic SAR indicator are located beneath the candles, touching the long-term MA. This alignment confirms bullish momentum, suggesting ongoing upward potential in the USD CAD currency pair.
Average True Range (ATR): The ATR (14) currently stands at 0.00172, indicating relatively moderate volatility. This implies that significant price movements may still occur, but drastic swings are less likely in the immediate term, aiding traders in managing their stop-loss and take-profit strategies.


Support and Resistance:
Support: Immediate psychological support is identified at the 1.40500 level, with subsequent key supports at 1.40000 and deeper at 1.39000.
Resistance: The initial resistance level is at 1.41400, functioning as a significant psychological and technical barrier.


Conclusion and Consideration:
The technical analysis for the USD-CAD H4 chart maintains a bullish bias, supported by MAs and Parabolic SAR. However, today's key speeches from FOMC members and employment data from Canada introduce potential volatility. Traders should remain cautious and consider tightening their risk management approaches in response to fundamental news.


Disclaimer: The analysis provided for USD/CAD is for informational purposes only and does not constitute investment advice. Traders are encouraged to perform their own analysis and research before making any trading decisions on USDCAD. Market conditions can change quickly, so staying informed with the latest data is essential.


FXGlory
11.07.2025

[FXGLORY]

AUDUSD H4 Technical and Fundamental Analysis for 11.10.2025





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


Fundamental Analysis:
The AUD/USD pair remains under moderate pressure as traders focus on upcoming economic remarks from RBA Deputy Governor Andrew Hauser, who is expected to discuss Australia’s economic outlook at the UBS Australasia Conference. Markets will closely monitor his tone for any hawkish signals hinting at future rate hikes, which could strengthen the Australian Dollar (AUD). Meanwhile, the US Dollar (USD) gains support from upbeat domestic sentiment, reinforced by the Cleveland Fed’s inflation expectations survey and recent optimistic statements from the US President regarding strong economic performance, record investments, and a potential $2000 citizen dividend. Together, these developments suggest heightened volatility in the AUD/USD pair today, with fundamental forces pulling in opposite directions — RBA commentary possibly boosting the AUD, while strong USD rhetoric could cap gains.


Price Action:
In the AUDUSD H4 chart, the price has moved in a descending trend, forming lower highs since early September. However, after touching the ascending green support line, the pair has shown some bullish recovery with a series of small green candles. The market currently trades around 0.6493, approaching the 23.6% Fibonacci retracement level, suggesting potential short-term resistance ahead. The structure indicates that while buyers are attempting to reclaim control, the overall sentiment remains cautious, with sellers still dominant unless a breakout above the nearby resistance occurs.


Key Technical Indicators:
Parabolic SAR (0.05, 0.2): The Parabolic SAR dots are currently positioned above the candles, indicating that the bearish trend remains intact. However, the latest candles showing slight bullish momentum hint that a reversal could form if the SAR dots flip below the price. Until that confirmation occurs, traders should treat the current upward movement as a corrective phase within the broader downtrend.
Moving Averages (MA9 and MA21): The short-term blue MA (9) remains below the long-term orange MA (21), maintaining a bearish crossover. Nonetheless, the short MA line is curving upward, suggesting that short-term momentum is improving. A confirmed crossover above the long MA could signal a potential trend reversal, but as of now, the trend bias remains bearish to neutral.
MACD (12,26,9): The MACD histogram shows slightly diminishing bearish momentum, and the MACD line is curving closer to the signal line, indicating possible early signs of a bullish crossover. However, until that crossover is confirmed, the underlying momentum still favors the bears, with limited upside potential in the short term.


Support and Resistance:
Support: The first strong support is positioned around 0.6440, aligned with the green ascending trendline, and deeper support can be found near 0.6415, the recent swing low.
Resistance: Immediate resistance is near the 0.6500 psychological level, followed by the 23.6% Fibonacci retracement at 0.6514, and stronger resistance around 0.6570–0.6600, where the 50% retracement and red descending trendline intersect.


Conclusion and Consideration:
The AUD/USD H4 technical analysis suggests a short-term recovery phase within a broader bearish trend. Despite minor bullish attempts supported by price action and the MACD’s flattening momentum, the prevailing market structure and the Parabolic SAR remain bearish. Traders should closely monitor 0.6500–0.6514 for rejection or breakout signals, as this region holds key importance for short-term direction. Fundamentally, both RBA and US developments today may induce heightened volatility and directional spikes. Caution is advised around the news events, with short-term traders potentially favoring range-bound strategies until a decisive breakout occurs.


Disclaimer: The analysis provided for AUD/USD is for informational purposes only and does not constitute investment advice. Traders are encouraged to perform their own analysis and research before making any trading decisions on AUDUSD. Market conditions can change quickly, so staying informed with the latest data is essential.


FXGlory
11.10.2025

[FXGLORY]

EURGBP H4 Technical and Fundamental Analysis for 11.11.2025





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


Fundamental Analysis:
Today's fundamental outlook for EUR/GBP includes critical economic news impacting both currencies. The British Pound (GBP) faces potential volatility from upcoming data releases, including British Retail Consortium (BRC) same-store sales, unemployment claims, average earnings including bonuses, and the ILO unemployment rate. Any positive data, surpassing forecasts, could strengthen GBP significantly. Moreover, external Bank of England (BOE) MPC member Megan Greene's speech at the UBS European Conference will be closely observed for hawkish monetary policy signals. Conversely, the Euro (EUR) could experience irregular volatility due to lower liquidity with French banks closed for Armistice Day, alongside the ZEW economic sentiment releases from Germany and the Eurozone, which could influence EUR sentiment notably.


Price Action:
EUR-GBP pair analysis in the H4 timeframe currently shows the price trending downward from the Fibonacci retracement level of 78.6 towards the 61.8 level. Recent price action has printed several consecutive red candles indicating bearish pressure, further confirmed by a crossover of the shorter MA (9 periods) below the longer MA (21 periods). The parabolic SAR indicator dots have moved above the candles, highlighting the ongoing bearish momentum in price action.


Key Technical Indicators:
Moving Averages: The short-term moving average (9-period MA) crossing below the longer-term moving average (21-period MA) signals a bearish crossover, indicating sellers' dominance in the EURGBP market.
Parabolic SAR: The indicator dots positioned above the current price candles confirm the bearish trend, suggesting a continuation of downward price action on the H4 timeframe.
MACD (Moving Average Convergence Divergence): The MACD (12,26,9) indicator at 0.000529 and -0.000143 shows decreasing bullish momentum with a possible bearish crossover imminent, supporting further declines.


Support and Resistance:
Support: Immediate support is seen at the Fibonacci retracement level of 61.8, recently confirmed as robust support in the EURGBP market.
Resistance: Immediate resistance remains at the Fibonacci retracement level of 78.6, acting previously as both resistance and support over the past two weeks.


Conclusion and Consideration:
The EURGBP pair technical analysis and fundamental daily forecast indicate a prevailing bearish momentum supported by moving average crossover, MACD signals, and Parabolic SAR positioning. Traders should closely monitor GBP economic releases today for potential volatility spikes, particularly considering the BOE member speech that could influence price action significantly. Given the lower liquidity in EUR due to the French bank holiday, heightened caution is advised.


Disclaimer: The analysis provided for EUR/GBP is for informational purposes only and does not constitute investment advice. Traders are encouraged to perform their own analysis and research before making any trading decisions on EURGBP. Market conditions can change quickly, so staying informed with the latest data is essential.


FXGlory
11.11.2025

[FXGLORY]

EURUSD H4 Technical and Fundamental Analysis for 11.12.2025





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


Fundamental Analysis:
The EURUSD currency pair will likely experience increased volatility today due to key economic releases and significant central bank speeches. For EUR, traders will closely observe the Consumer Price Index (CPI), Wholesale Price Index (WPI), and Industrial Output data, each potentially influencing market expectations of future inflation and economic health. Additionally, outcomes from the Eurogroup meetings and the Bundesbank's Bund Auction could further impact the EUR. On the USD side, Federal Reserve speakers Michael Barr, John Williams, Anna Paulson, Christopher Waller, Raphael Bostic, and Stephen Miran are expected to deliver insights into the future trajectory of U.S. monetary policy, potentially causing substantial shifts in market sentiment.


Price Action:
EURUSD price action on the H4 timeframe indicates a shift from a prolonged bullish trend into a consistent bearish channel. Recent price behavior highlights a breakout above this bearish channel; however, current candles suggest a potential bearish re-entry. The Fibonacci expansion indicates a possible next lower low at the 61.8 level. Price action signals traders should anticipate possible retesting around the channel's mid-line as a key short-term target.


Key Technical Indicators:
RSI (28): The Relative Strength Index (RSI) is at 54.72, indicating moderate market strength. The current RSI value suggests that although buyers recently gained control, momentum is not significantly strong, leaving room for bearish pressure to resume.
Stochastic (6,3,3): Currently at 67.23 and 77.19, the Stochastic indicator suggests the market is nearing overbought territory but is not yet extreme. Traders should watch for a potential bearish crossover, which could confirm downward momentum and initiate selling pressure.


Support and Resistance:
Support: Immediate support for EURUSD stands around the recent low at 1.1520, aligned closely with previous price consolidation areas.
Resistance: The first major resistance level is at 1.1625, corresponding to the recent high and channel breakout point.


Conclusion and Consideration:
EURUSD analysis on the H4 chart reflects current bearish bias with notable caution due to recent breakout signals and fundamental data releases. Technical indicators like RSI and Stochastic support the scenario of cautious bearish momentum returning to the market. Traders should closely monitor today's significant economic releases and Federal Reserve speeches, which can trigger notable volatility and shifts in EURUSD price dynamics.


Disclaimer: The analysis provided for EUR/USD is for informational purposes only and does not constitute investment advice. Traders are encouraged to perform their own analysis and research before making any trading decisions on EURUSD. Market conditions can change quickly, so staying informed with the latest data is essential.


FXGlory
11.12.2025

[FXGLORY]

GBPUSD H4 Technical and Fundamental Analysis for 11.13.2025





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


Fundamental Analysis:
Today's GBPUSD analysis takes into account crucial economic events for both currencies. For GBP, significant indicators including RICS House Price Balance and GDP data from the Office for National Statistics will influence market sentiment. Positive results, exceeding forecasts, will likely bolster the British Pound, reflecting an improvement in economic health. Conversely, the USD is set to experience volatility with speeches from Federal Reserve officials, including Susan Collins and Mary Daly, whose insights on monetary policy and economic outlook will significantly impact USD strength.


Price Action:
The GBPUSD pair on the H4 chart is entrenched in a bearish trend, punctuated by several short-term bullish corrections. Price action recently completed a corrective upswing, encountering resistance from the Ichimoku Cloud. The Fibonacci expansion clearly suggests potential bearish continuation with an immediate target at the 23.6% level. A breach of this level could open the path towards deeper bearish targets.


Key Technical Indicators:
William's %R: The William's %R indicator currently stands at -65.73, signaling a neutral-to-bearish momentum. The indicator remains far from oversold territory, leaving room for further downward pressure in GBPUSD prices on the H4 timeframe.
Stochastic: Stochastic values of 64.04 and 47.25 indicate mild bullish momentum, yet the proximity to a potential crossover suggests a bearish reversal may soon occur. Traders should closely watch for signals of a bearish crossover to confirm downward pressure.
Ichimoku Cloud: The Ichimoku indicator shows GBPUSD prices are trading within the cloud region (1.31314, 1.31326, 1.31142, 1.31175), highlighting indecision in the market. However, given the overall bearish bias and the position beneath the cloud resistance, the price action strongly favors bearish continuation.


Support and Resistance:
Support: Immediate support is identified at the Fibonacci expansion level 23.6, around 1.3090.
Resistance: Key resistance is currently found at the upper edge of the Ichimoku cloud around 1.3132, with stronger resistance at previous highs near 1.3195.


Conclusion and Consideration:
The H4 GBPUSD analysis illustrates continued bearish dominance, reinforced by the technical indicators and recent corrective price action. Traders should monitor the upcoming GBP and USD economic releases, particularly GDP and Federal Reserve speeches, for volatility triggers. Given the bearish setup, attention should be paid to the Fibonacci expansion level at 23.6% as a critical support. A confirmed breach may extend bearish momentum significantly lower.


Disclaimer: The analysis provided for GBP/USD is for informational purposes only and does not constitute investment advice. Traders are encouraged to perform their own analysis and research before making any trading decisions on GBPUSD. Market conditions can change quickly, so staying informed with the latest data is essential.


FXGlory
11.13.2025

[FXGLORY]

BTCUSD H4 Technical and Fundamental Analysis for 11.14.2025





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


Fundamental Analysis:
The BTC/USD pair is influenced today by significant USD news, with Federal Reserve speakers Jeffrey Schmid and Lorie Logan set to discuss the economic outlook and monetary policy at the Joint Energy Conference. Hawkish statements typically strengthen the USD, potentially exerting downward pressure on BTC-USD. Additionally, natural gas inventory data could impact the USD volatility further, with lower-than-forecasted inventories usually benefiting USD strength.


Price Action:
BTC/USD analysis on the H4 timeframe clearly shows a descending trend. Bitcoin recently broke below the significant psychological support at $100,000, marking its lowest price since May 2025. The current price has touched and is moving along the lower Bollinger Band, indicating strong bearish momentum. The last candle sits around the 23.6% Fibonacci retracement level, signaling potential for further bearish movement if this level is decisively broken, though oversold conditions suggest a possible correction soon.


Key Technical Indicators:
Bollinger Bands(20): The bands indicate increasing bearish volatility with BTC-USD consistently moving along the lower band. The middle and lower bands slope downward significantly, while the upper band remains relatively horizontal, emphasizing strong bearish dominance.
%R(14): Currently at -88.83, %R14 highlights a significantly oversold condition. Such low levels typically precede short-term bullish corrections, cautioning traders to watch for potential reversal signals.
Stochastic Oscillator (5,3,3): Presently at 10.10 and 18.83, the Stochastic indicates that BTC USD is deep in oversold territory. This signals an increased likelihood of a price correction or consolidation phase in the near term.


Support and Resistance:
Support: Immediate support is observed at the lower descending channel boundary near the $96,000 area, closely aligning with the 0 Fibonacci retracement level.
Resistance: The nearest resistance is at the former key support level of $100,000, coinciding with the 23.6% Fibonacci retracement.


Conclusion and Consideration:
The BTC/USD H4 chart demonstrates sustained bearish momentum, confirmed by key indicators such as Bollinger Bands, %R14, and Stochastic Oscillator. Although the trend remains bearish, the deeply oversold conditions suggest traders should be cautious about potential corrective rebounds. The USD news today could further exacerbate volatility, providing pivotal trading opportunities.


Disclaimer: The analysis provided for BTC/USD is for informational purposes only and does not constitute investment advice. Traders are encouraged to perform their own analysis and research before making any trading decisions on BTCUSD. Market conditions can change quickly, so staying informed with the latest data is essential.


FXGlory
11.14.2025

[FXGLORY]

USDCAD H4 Technical and Fundamental Analysis for 11.17.2025





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


Fundamental Analysis:
The USDCAD currency pair is positioned ahead of a high-impact day for both the US Dollar and the Canadian Dollar, making this H4 forex forecast especially sensitive to incoming economic data. On the USD side, traders will closely monitor the New York Manufacturing Index, which serves as a leading indicator of US economic health, as well as speeches from FOMC members John Williams and Philip Jefferson. Any hawkish tone may support the USD through expectations of tighter monetary policy. Additionally, delayed releases from the Census Bureau and Treasury Budget may influence market sentiment as the data backlog clears. For the CAD, a heavy cluster of inflation-related releases—including CPI, CPI Median, CPI Trim, and CPI Ex Volatile Items—will play a key role. Stronger-than-forecast Canadian inflation typically strengthens the CAD due to higher rate expectations from the Bank of Canada, increasing volatility in the USDCAD H4 chart around release times.


Price Action:
The USD-CAD price action on the H4 timeframe continues to respect a well-defined ascending bullish channel, with price oscillating between the lower and upper trend boundaries. Recent candles show consolidation around the 50% Fibonacci retracement, which aligns closely with the middle Bollinger Band, suggesting a temporary equilibrium between buyers and sellers. The price has recently moved from the lower Bollinger Band back toward the middle and upper half of the channel, indicating stabilizing bullish momentum after a corrective phase. Despite the consolidation, the broader trend structure remains upward, but traders should watch for a clean breakout from the 50% Fibonacci zone to confirm continuation.


Key Technical Indicators:
Bollinger Bands: USD/CAD is trading between the middle and upper Bands, showing mild bullish pressure. The middle Band aligns with the 50% Fibonacci level, acting as key dynamic support. Price recovery from the lower Band suggests stabilizing bullish momentum.
MACD (12,26,9): MACD values at -0.000280 / -0.000604 reflect weak bearish momentum. The histogram is contracting, signaling a possible momentum shift. A bullish crossover would confirm renewed upside strength.
RSI (28): The RSI at 48.38 indicates neutral momentum. It supports the current consolidation near the 50% Fibonacci level. There is room for movement in either direction without overbought or oversold pressure.


Support and Resistance Levels:
Support: Key support is located at the 1.3980–1.3990 zone, aligning with the lower region of the 50%–61.8% Fibonacci cluster and the bullish channel’s mid-line.
Resistance: Immediate resistance stands near 1.4065–1.4080, corresponding to the 38.2% Fibonacci level and upper channel reaction zones.


Conclusion and Consideration:
The USD-CAD H4 technical outlook remains bullish overall, but the price is currently consolidating around the critical 50% Fibonacci retracement and middle Bollinger Band. Technical indicators suggest neutral momentum with potential for bullish continuation if resistance zones break. However, given today’s heavy US and Canadian fundamental calendar, volatility spikes are expected, especially around CPI releases and FOMC member remarks. Traders should manage positions cautiously, as fundamentals may override short-term technical setups.


Disclaimer: The analysis provided for USD/CAD is for informational purposes only and does not constitute investment advice. Traders are encouraged to perform their own analysis and research before making any trading decisions on USDCAD. Market conditions can change quickly, so staying informed with the latest data is essential.


FXGlory
11.17.2025

[FXGLORY]

AUDUSD H4 Technical and Fundamental Analysis for 11.18.2025





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


Fundamental Analysis:
The Australian Dollar (AUD) is currently under moderate bearish pressure against the US Dollar (USD), with market participants closely watching macroeconomic developments and central bank commentary. On the USD side, today's economic calendar is packed with high-impact events, including multiple speeches from key Federal Reserve officials such as Governor Waller, Michael Barr, Thomas Barkin, and even US President Donald Trump. These speeches are expected to offer fresh clues about future monetary policy, inflation outlooks, and regulatory considerations—potentially increasing USD volatility. Meanwhile, no major Australian data is due today, leaving the AUD vulnerable to external pressures. Market sentiment remains cautious ahead of the Reserve Bank of Australia’s next meeting on December 23, with traders already speculating on potential tightening or dovish hold scenarios.


Price Action:
The AUDUSD H4 price action shows a clear bearish structure. The pair continues to respect a long-term descending trendline and recently failed to break above the 38.2% Fibonacci retracement level, instead reversing and falling below the 23.6% level. The latest candles are predominantly red and hugging the lower Bollinger Band, indicating consistent downward pressure. Recent price rejection at both the descending trendline and the 50-period EMA further confirms short-term bearish bias.


Key Technical Indicators:
Bollinger Bands: The Bollinger Bands are moderately wide, reflecting increased volatility in the AUD/USD H4 chart analysis. The price is currently hugging the lower band and closing below the 23.6% Fibonacci retracement level, suggesting strong bearish momentum. The continuous lower band interaction supports a trend continuation outlook.
MACD (12,26,9): he MACD line is at -0.000742 while the signal line reads -0.000114, with the histogram pushing further into negative territory. This widening divergence indicates increasing downside momentum. The MACD crossover below the zero line is a classic confirmation of the prevailing bearish trend in this technical and fundamental chart analysis.
RSI (28): The RSI is currently at 42.98, remaining below the neutral 50 level, reinforcing a bearish sentiment without entering oversold conditions. This RSI behavior suggests that the pair has room to move lower before any meaningful bullish correction emerges.


Support and Resistance:
Support: The first strong support lies around the 0.6450 level, which aligns with the recent swing low and the 0.0% Fibonacci retracement level, acting as the immediate bearish target.
Resistance: On the upside, key resistance is seen near 0.6560, which is both the 38.2% Fibonacci retracement level and the point of confluence with the descending trendline, making it a strong technical ceiling.


Conclusion and Consideration:
Based on the current H4 technical and fundamental analysis of AUD USD, the short- to medium-term bias remains bearish. With the price moving below key Fibonacci levels, respecting a downward trendline, and confirmed by MACD and RSI indicators, sellers appear to be in control. The upcoming USD news, particularly speeches from FOMC members and economic outlook discussions, could inject significant volatility into the pair. Given the lack of Australian data today, the USD side will likely dictate the pair’s next major move. Traders should monitor news headlines closely for any shifts in monetary policy tone from the Fed, which could influence AUD-USD volatility on the H4 time frame.


Disclaimer: The analysis provided for AUD/USD is for informational purposes only and does not constitute investment advice. Traders are encouraged to perform their own analysis and research before making any trading decisions on AUDUSD. Market conditions can change quickly, so staying informed with the latest data is essential.


FXGlory
11.18.2025

[FXGLORY]

GOLD H4 Technical and Fundamental Analysis for 11.19.2025





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


Fundamental Analysis:
The Gold market today is heavily influenced by the upcoming USD economic indicators and speeches by Federal Reserve officials. USD will experience potential volatility due to the Treasury International Capital data release, delayed because of a government shutdown, affecting foreign investment balances. Speeches by FOMC members including Lorie Logan, Stephen Miran, Thomas Barkin, and John Williams may offer insights on monetary policy, thus creating significant market movements and influencing Gold prices inversely to the strength of the USD.


Price Action:
Gold’s H4 chart analysis depicts the market entering a consolidation period after a pronounced bullish run. The price currently oscillates within a bearish channel, indicating the potential for either bearish continuation or bullish reversal from current levels. Recent price action shows a corrective bullish move, although sharp bullish momentum seems improbable given the current bearish strength. Traders should closely observe the upper and lower boundaries of this bearish channel for potential breakout opportunities.


Key Technical Indicators:
Parabolic SAR: Dots are currently below the candles, suggesting a short-term bullish sentiment. This could imply a possible test towards the resistance line of the bearish channel, though caution is advised due to overall bearish pressure.
MACD: With values at -17.702 and -19.262, the MACD indicator signals bearish momentum but with a narrowing histogram, hinting at weakening selling pressure. Traders should watch for potential bullish crossovers as an early sign of a trend reversal.
Stochastic: Current readings of 84.65 and 81.43 indicate overbought conditions, signaling a possible exhaustion of the recent bullish move. A bearish reversal may occur, pushing prices back towards support levels.


Support and Resistance:
Support: Immediate support is located at the lower boundary of the bearish channel around recent lows, serving as a critical pivot for bearish continuation.
Resistance: The nearest resistance is defined by the upper boundary of the bearish channel, aligning with previous highs and acting as a crucial breakout point.


Conclusion and Consideration:
The H4 technical and fundamental chart analysis suggests Gold is presently in a transitional phase, trapped within a bearish channel, with limited bullish prospects. Upcoming USD news and Fed speeches are expected to create significant volatility, potentially driving prices out of the current consolidation. Traders should cautiously monitor price action near channel boundaries and technical indicator shifts.


Disclaimer: The analysis provided for XAU/USD is for informational purposes only and does not constitute investment advice. Traders are encouraged to perform their own analysis and research before making any trading decisions on XAUUSD. Market conditions can change quickly, so staying informed with the latest data is essential.


FXGlory
11.19.2025

[FXGLORY]

EUR/USD H4 Technical and Fundamental Analysis for 11.20.2025





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


Fundamental Analysis:
The EUR/USD pair remains sensitive to today's key economic releases and speeches. The U.S. Dollar faces significant volatility amid delayed releases of critical employment and inflation data due to a previous government shutdown, including Non-Farm Payrolls, Jobless Rate, and labor price changes. Additionally, speeches by Federal Reserve officials, including Lisa Cook and Austan Goolsbee, may provide insights into future U.S. monetary policy, potentially driving short-term USD volatility. Conversely, EUR faces potential volatility driven by upcoming data on producer prices and consumer confidence from Eurozone economies, alongside bond auction results and Bundesbank's monthly report.


Price Action:
EURUSD H4 price action reveals a shift from a long-term bullish trend to a current bearish correction phase within a well-defined descending channel. After a recent breakout failure above the channel's upper boundary, price action has returned inside the channel, signaling bearish dominance. Should this bearish momentum continue, the immediate targets include the 23.6% Fibonacci retracement level or the channel's lower boundary.


Key Technical Indicators:
Parabolic SAR: The dots positioned above the recent candles signal a bearish bias, supporting the continuation of downward price movement.
MACD: MACD reading of -0.001310, with the signal line at -0.000565, shows that bearish momentum is currently prevailing. The histogram confirms increasing bearish momentum, suggesting sellers retain control.
RSI: Currently at 42.38, the RSI suggests that EURUSD maintains a bearish stance. The indicator remains below the neutral level of 50, indicating continued selling pressure without reaching oversold conditions.


Support and Resistance:
Support: Immediate support is identified near the 1.14960 level, aligning with the lower boundary of the bearish channel and the 23.6% Fibonacci retracement level.
Resistance: Key resistance is found at approximately 1.16040, represented by the upper boundary of the descending channel and recent price rejection areas.


Conclusion and Consideration:
The EURUSD H4 technical chart daily analysis clearly indicates bearish market momentum supported by key technical indicators, including the Parabolic SAR, MACD, and RSI. Traders should closely monitor fundamental developments, particularly U.S. employment data and central bank speeches, which could significantly influence the currency pair's short-term price action. Caution is advised, given the potential volatility stemming from economic releases and macroeconomic factors.


Disclaimer: The analysis provided for EUR/USD is for informational purposes only and does not constitute investment advice. Traders are encouraged to perform their own analysis and research before making any trading decisions on EURUSD. Market conditions can change quickly, so staying informed with the latest data is essential.


FXGlory
11.20.2025

[FXGLORY]

EURUSD H4 Technical and Fundamental Analysis for 12.31.2025





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


Fundamental Analysis:
The EUR/USD currency pair remains sensitive to today’s economic releases. For the USD, the FHFA House Price Index (HPI) and the S&P Case-Shiller Home Price Index could influence the USD, with stronger than forecasted figures typically supporting the currency. Additionally, the Chicago PMI and Crude Oil Inventories data from EIA will affect market sentiment and volatility. On the EUR side, investors are closely watching the CPI Flash release, as higher-than-expected inflation could push the EUR higher, influencing expectations about future ECB monetary policy.


Price Action:
EURUSD has been in an ascending bullish channel on the H4 chart with occasional breakout failures. Currently, the last bearish candle is attempting a decisive break below the channel’s lower line. Confirmed by a regular bearish divergence, bearish momentum is strengthening, with the immediate target set around the Fibonacci retracement level of 23.6%. However, a continuation of bullish price action within the channel could retarget the recent high at 1.18215.


Key Technical Indicators:
Adaptive Moving Average (9): The adaptive moving average line remains slightly above current candles, indicating potential resistance and suggesting short-term bearish pressure.
MACD (12,26,9): MACD is currently at -0.000215 with a signal line of 0.000191, pointing toward a potential bearish crossover. This weakening momentum supports the scenario of a further bearish correction.
RSI (14): The RSI indicator is currently at 43.42, reflecting neutral market sentiment with a slightly bearish bias. It indicates there is room for further downside movement before approaching oversold territory.


Support and Resistance:
Support: Immediate support is positioned at the Fibonacci 23.6% retracement level near 1.17180, aligning with previous consolidation levels.
Resistance: Key resistance remains firm at the recent high level of 1.18215, serving as the primary bullish target.


Conclusion and Consideration:
Technical analysis of EURUSD on the H4 chart currently favors bearish momentum in the short term, confirmed by bearish divergence and weakening indicators such as MACD and RSI. Traders should closely monitor key economic releases today, particularly US housing data and EUR CPI figures, as they may significantly impact volatility and directional movements. Caution is advised given the potential for rapid shifts in market sentiment.


Disclaimer: The analysis provided for EUR/USD is for informational purposes only and does not constitute investment advice. Traders are encouraged to perform their own analysis and research before making any trading decisions on EURUSD. Market conditions can change quickly, so staying informed with the latest data is essential.


FXGlory
12.31.2025

[FXGLORY]

USDJPY H4 Technical and Fundamental Analysis for 01.05.2026





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


Fundamental Analysis:
Today's economic calendar for the USDJPY pair highlights the upcoming Manufacturing PMI reports from both Japan (Jibun Bank Manufacturing PMI) and the US (ISM Manufacturing PMI and Manufacturing Prices Paid). These indicators are vital, as a reading above 50.0 suggests industry expansion and could positively impact their respective currencies. Traders will closely monitor the PMI data, as better-than-forecasted numbers typically strengthen the currency, potentially influencing USDJPY volatility.


Price Action:
Analyzing the USDJPY H4 chart, the pair has recently moved in a bullish trajectory until reaching a strong resistance at 157.573. After this, the pair entered into consolidation, struggling to break through this significant resistance level. Price has since retraced slightly downward, forming a classical bearish head and shoulders pattern, indicating a potential reversal. Given the current momentum, it is unlikely for the pair to significantly breach the established resistance if another bullish move is attempted.


Key Technical Indicators:
RSI (14): Currently at 61.12, the RSI indicates moderately bullish momentum. Although still below the overbought threshold (70), the RSI's position implies there is limited upside potential, supporting the bearish reversal indicated by the price action.
Stochastic (5,3,3): The stochastic oscillator is currently at 64.69 and 66.66, reflecting moderate bullish sentiment but indicating possible weakening of buying pressure. The indicator's current positioning suggests that the market could be preparing for a bearish correction, aligning with the emerging head and shoulders pattern.
Bollinger Bands (70): The bands are closely positioned (156.736 lower, 156.906 middle, and 156.896 upper), signaling decreased volatility and indicating potential consolidation. Given the narrow range of the bands, traders should prepare for a breakout or notable movement soon, most likely to the downside due to current price patterns.


Support and Resistance:
Support: Immediate support is seen near the lower Bollinger Band at 156.736, with a stronger support level around the recent consolidation area at 156.300.
Resistance: The key resistance remains at the significant 157.573 level, the recent high and the main barrier to further bullish progression.


Conclusion and Consideration:
The current USDJPY H4 chart indicates that a bearish reversal may be imminent, supported by the head and shoulders formation and weakening momentum indicators (RSI and Stochastic). Traders should remain cautious of the potential volatility following today's PMI releases from both Japan and the US. This could significantly influence short-term trading conditions. Investors should closely monitor these developments, maintaining tight stop-losses around established resistance and support levels.


Disclaimer: The analysis provided for USD/JPY is for informational purposes only and does not constitute investment advice. Traders are encouraged to perform their own analysis and research before making any trading decisions on USDJPY. Market conditions can change quickly, so staying informed with the latest data is essential.


FXGlory
01.05.2025

[FXGLORY]

AUDUSD H4 Technical and Fundamental Analysis for 01.07.2026





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


Fundamental Analysis:
The AUD/USD currency pair is currently influenced by anticipated economic reports from Australia, including the Consumer Price Index (CPI) and Building Approvals data. CPI figures significantly impact the AUD since inflation directly affects monetary policy decisions by the Reserve Bank of Australia (RBA). Positive CPI results, indicating rising inflation, typically strengthen the Australian dollar due to expectations of higher interest rates. Meanwhile, upcoming USD data releases, such as employment figures, ISM Non-Manufacturing PMI, and crude oil inventories, will influence USD strength. Traders should monitor these data points closely, as better-than-forecast results would provide robust support for the US dollar.


Price Action:
The AUDUSD pair's price action analysis on the H4 chart reveals a clear upward trajectory within an ascending channel with a notable sharp steepness. Currently, the price resides in the middle area of the channel, indicating potential indecision or temporary consolidation. A continued upward movement would require breaking above this midpoint decisively, whereas bearish pressure might see prices retreat towards the immediate support level at the channel’s lower trend line.


Key Technical Indicators:
Parabolic SAR: The dots are plotted below the candles, clearly signaling ongoing bullish momentum and support for the current upward trend. Traders should watch for any reversal of the dots above the candles, which would indicate a bearish shift.
Stochastic (5,3,3): The indicator shows readings at 86.70 and 79.62, placing the AUDUSD in the overbought territory. This indicates potential upcoming bearish corrections, though prices may still remain bullish for a brief period. Traders must remain cautious and watch for stochastic crossover signals.
Williams %R (14): At a current reading of -6.89, Williams %R is also deeply in overbought conditions, suggesting imminent short-term reversal potential. Traders should prepare for possible pullbacks or consolidation at current price levels.


Support and Resistance:
Support: Immediate support is established at the lower trend line of the ascending channel around the 0.6670 area, serving as a strong barrier against bearish pressures.
Resistance: Key resistance level is currently situated at the upper trend line of the channel near the 0.6768 mark, representing the primary target for bullish continuation.


Conclusion and Consideration:
The AUDUSD H4 chart presents bullish momentum within an ascending channel, supported by Parabolic SAR indicators. However, overbought conditions noted by Stochastic and Williams %R indicators suggest caution, as a potential bearish correction or consolidation could occur. Fundamental data releases related to AUD and USD are critical factors to watch, as strong outcomes could influence immediate price direction significantly.


Disclaimer: The analysis provided for AUD/USD is for informational purposes only and does not constitute investment advice. Traders are encouraged to perform their own analysis and research before making any trading decisions on AUDUSD. Market conditions can change quickly, so staying informed with the latest data is essential.


FXGlory
01.07.2026

[FXGLORY]

EURUSD H4 Technical and Fundamental Analysis for 01.09.2026





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


Fundamental Analysis:
Today’s EUR/USD fundamental outlook is influenced by a series of economic data releases from both the Eurozone and the United States. For the euro, traders will closely monitor industrial output, foreign trade data, and retail sales figures from key economies such as Germany, France, and Italy. These indicators are essential in gauging the region's economic momentum, particularly as inflation and production pressures remain in focus. If actual results exceed expectations, the euro may find support. On the US side, critical data releases including Non-Farm Payrolls (NFP), the Unemployment Rate, and Labor Costs are scheduled. These indicators are vital for assessing the Federal Reserve's next moves on interest rates, especially as recent speeches from FOMC members continue to signal a hawkish stance. A strong US labor market could continue to strengthen the dollar against its counterparts.


Price Action:
The EURUSD pair has continued its bearish trajectory on the H4 timeframe. After peaking near 1.18000 in late December, the price broke below the significant 1.17000 level at the beginning of January and has since maintained a steady decline. Currently, the pair is hovering just above the 1.16500 support zone, consolidating near this level after failing to regain upward momentum. Price has consistently adhered to the lower boundary of the Bollinger Bands, indicating ongoing downside pressure. If this consolidation resolves lower, the next key level to watch is 1.16200, which may act as the next potential target for sellers.


Key Technical Indicators:
Bollinger Bands (20,2): The price is currently trading along the lower band, indicating strong bearish momentum. The absence of a move toward the mid-band suggests a lack of bullish correction. The bands are slightly widening, reflecting increased volatility and supporting the continuation of the downward move.
MACD (12,26,9): The MACD line stands at -0.001717 and remains below the signal line at -0.001491, confirming the bearish trend. Although the histogram shows a slight decrease in selling momentum, there is no sign yet of a bullish crossover. As long as the MACD remains negative and below the signal line, downside pressure is likely to persist.
RSI (14): The Relative Strength Index is currently at 35.77, indicating weakening bullish strength and proximity to the oversold threshold. While not yet in oversold territory, the RSI suggests limited buying interest at current levels. A further decline toward or below 30 could signal an approaching reversal or short-term correction.


Support and Resistance:
Support: The key support level lies at 1.16500, which is being tested. A break below this level may open the door for further losses toward 1.16200.
Resistance: Immediate resistance is seen at 1.17000, previously a strong support that has now turned into resistance. A move above this level would be needed to ease the current bearish bias.


Conclusion and Consideration:
The current EUR-USD H4 technical chart and price action analysis suggest a continuation of the bearish trend, as supported by the RSI, MACD, and Bollinger Bands. The market remains under pressure following a rejection from 1.18000 in December and a decisive break below 1.17000 in early January. Unless eurozone fundamentals surprise to the upside or US economic data disappoints, the pair is likely to test the next support around 1.16200. Traders should closely monitor upcoming economic releases, especially labor and trade figures from both regions, which may shift short-term sentiment. This technical and fundamental chart daily analysis of EURUSD H4 is intended for traders seeking a structured forex forecast, combining price action with key technical indicators to build a consistent trading strategy.


Disclaimer: The analysis provided for EUR/USD is for informational purposes only and does not constitute investment advice. Traders are encouraged to perform their own analysis and research before making any trading decisions on EURUSD. Market conditions can change quickly, so staying informed with the latest data is essential.


FXGlory
01.09.2026

[FXGLORY]

EURUSD H4 Technical and Fundamental Analysis for 02.20.2026





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


Fundamental Analysis:
The EURUSD fundamental outlook today will be shaped significantly by ECB President Christine Lagarde’s speech at the Wolfgang Friedmann Memorial Award Banquet in New York. Traders will closely monitor her speech for clues on future interest rate decisions, as hawkish signals typically strengthen the Euro. Moreover, today's EUR news includes important data from the Producer Price Index (PPI) and several Purchasing Managers' Index (PMI) releases, which will provide insights into inflation pressures and economic health, potentially causing heightened volatility for EUR-USD.


Price Action:
Analyzing the EUR/USD H4 price action, the pair is currently experiencing a descending movement from the highs recorded in January. After reaching the 61.8% Fibonacci retracement level, the price showed signs of support, evidenced by two consecutive bullish candles. However, the candles remain in the lower half of the Bollinger Bands (20, 2.000), closely interacting with the lower band, indicating strong bearish pressure and potential consolidation before any possible reversal.


Key Technical Indicators:
Bollinger Bands: The EURUSD H4 analysis shows the price touching the lower Bollinger Band, suggesting current bearish momentum. The middle Bollinger Band aligns closely with the 50% Fibonacci retracement level, acting as a significant resistance point, indicating a potential barrier for price recovery.
MACD (12, 26, 9): The MACD histogram remains negative at -0.002321, with the signal line at -0.001697. This indicates sustained bearish sentiment, though the diminishing histogram bars could hint at waning bearish strength and potential bullish divergence soon.
RSI (14): Currently at 31.88, the RSI is approaching oversold territory. This suggests a cautious outlook as it signals possible exhaustion in the bearish movement, indicating traders should watch for signs of reversal.
Parabolic SAR (0.2, 0.02): The Parabolic SAR indicator has recently placed several points above the candles, indicating sustained bearish pressure. However, the presence of recent bullish candles suggests traders should monitor for potential trend shifts closely.


Support and Resistance:
Support: Immediate and strong support is visible at the 61.8% Fibonacci level (approximately 1.1755), which has repeatedly acted as both support and resistance.
Resistance: Strong resistance is located at the 50% Fibonacci retracement level (approximately 1.1800), aligned with the middle Bollinger Band.


Conclusion and Consideration:
The EURUSD daily technical analysis on the H4 timeframe currently suggests bearish momentum, supported by key indicators such as Bollinger Bands, MACD, and RSI. However, the oversold RSI and the supportive reaction at the 61.8% Fibonacci level indicate potential stabilization or even reversal. Traders should be cautious ahead of today's ECB speech and PMI data releases, as these could trigger volatility and shifts in the EUR-USD direction.


Disclaimer: The analysis provided for EUR/USD is for informational purposes only and does not constitute investment advice. Traders are encouraged to perform their own analysis and research before making any trading decisions on EURUSD. Market conditions can change quickly, so staying informed with the latest data is essential.


FXGlory
02.20.2026

[FXGLORY]

EURUSD H4 Technical and Fundamental Analysis for 03.04.2026





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


Fundamental Analysis:
In this EURUSD H4 technical and fundamental analysis, the pair is likely to experience heightened volatility due to several high-impact economic releases from both the Eurozone and the United States. Key data for the Euro includes the S&P Global Services PMI, Eurozone Unemployment Rate, and PPI, which provide insight into economic growth, labor market conditions, and inflationary pressures. On the US side, the ADP Non-Farm Employment Change, ISM Non-Manufacturing PMI, US Services PMI, and the Federal Reserve’s Beige Book are major drivers that may influence USD strength and monetary policy expectations. The overall direction in this EURUSD daily analysis and price action for EURUSD H4 will largely depend on whether actual results exceed or miss forecasts, potentially triggering either a corrective rebound or further downside continuation.


Price Action:
The EURUSD H4 chart analysis shows that the pair has entered a strong and accelerated bearish trend, with intensified selling pressure driving price down to the critical support level at 1.15897. The decline was marked by strong bearish candles and a clear break below prior consolidation zones and a descending trendline. After reaching this key support, a doji candle formed, signaling temporary market indecision and possible short-term seller exhaustion. A corrective rebound toward the 23.6% Fibonacci retracement level near 1.16780 is technically possible; however, the broader structure in this technical and fundamental chart daily analysis for EURUSD H4 remains bearish as long as price continues trading below key resistance levels and the descending trendline.


Key Technical Indicators:
Ichimoku Cloud: Price is trading below the Kumo, confirming a dominant bearish trend on the EURUSD H4 chart. The Tenkan-sen remains below the Kijun-sen, and the cloud acts as dynamic resistance, reinforcing downside pressure.
MACD (12,26,9): The MACD remains in negative territory with the MACD line below the signal line, indicating sustained bearish momentum. The negative histogram supports continued selling pressure despite the possibility of a short-term correction.
RSI (14): The RSI is at 29.15, signaling oversold conditions and potential for a temporary rebound. However, in strong downtrends, RSI can remain oversold, keeping the broader bearish bias intact.


Support and Resistance:
Support: Immediate support is located at 1.15897, the recent swing low and a significant demand zone on the EURUSD H4 chart.
Resistance: Nearest resistance is positioned around 1.16780 (23.6% Fibonacci retracement), followed by stronger resistance near 1.17560, aligning with previous consolidation and Ichimoku cloud resistance.


Conclusion and Consideration:
The EURUSD H4 technical and fundamental analysis indicates that the pair remains under strong bearish pressure despite signs of short-term exhaustion near 1.15897. Ichimoku and MACD confirm the dominant downtrend, while RSI suggests a possible corrective bounce toward the 23.6% Fibonacci level. With high-impact EUR and USD economic data scheduled, volatility is expected to increase, potentially accelerating price movement in either direction. Traders following this EURUSD daily analysis and price action for EURUSD H4 should closely monitor price behavior around key resistance levels and remain cautious during major economic releases.


Disclaimer: The analysis provided for EUR/USD is for informational purposes only and does not constitute investment advice. Traders are encouraged to perform their own analysis and research before making any trading decisions on EURUSD. Market conditions can change quickly, so staying informed with the latest data is essential.


FXGlory
03.04.2025

[FXGLORY]

USDJPY H4 Technical and Fundamental Analysis for 03.10.2026





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


Fundamental Analysis:
The USDJPY fundamental analysis today is influenced by both geopolitical developments and economic indicators from the United States and Japan. Market participants are closely monitoring statements from US President Donald Trump, who is scheduled to hold a press conference in Miami, as political comments and geopolitical discussions regarding Ukraine and Iran could influence market sentiment and safe-haven flows. Additionally, traders are watching US economic indicators such as the NFIB Small Business Optimism Index, ADP employment data (NER Pulse), and Existing Home Sales, which provide insights into the strength of the US economy and labor market conditions. Meanwhile, the Japanese Yen may react to domestic indicators including Household Spending, Machine Tool Orders, and the Bank of Japan Monetary Base report, all of which reflect economic demand and liquidity conditions in Japan. These events may generate volatility in the USD-JPY H4 fundamental and technical daily analysis, especially if data surprises shift expectations about economic growth or monetary policy.


Price Action:
The USD/JPY H4 price action analysis shows that the pair has maintained a bullish recovery over the past month. The USDJPY H4 price has moved upward from around 151, rebounding from the lower Bollinger Band and gradually climbing toward the 157–158 region. Throughout the last month, the price has mostly traded within the upper half of the Bollinger Bands, indicating sustained bullish momentum. Currently, the pair is trading close to the 100% Fibonacci level, fluctuating between the 61.8%, 78.2%, and 100% Fibonacci retracement levels, suggesting a consolidation phase near resistance in this USD JPY technical chart analysis.


Key Technical Indicators:
Bollinger Bands: In this USDJPY H4 technical analysis, the price has mostly remained in the upper half of the Bollinger Bands during the past month, reflecting consistent bullish pressure. The earlier rebound from the lower band near 151 toward the 157–158 region indicates strengthening upward momentum, though the price is currently stabilizing near the upper band.
MACD (12,26,9): The MACD indicator currently shows values around 0.2722 and 0.3272, remaining above the zero line, which signals that bullish momentum still dominates the trend. However, the histogram appears relatively stable, suggesting that upward momentum is continuing but without strong acceleration.
RSI (14): The RSI is currently at 51.80, placing it in the neutral zone and indicating balanced market momentum. This level suggests the pair is neither overbought nor oversold, leaving room for further movement depending on upcoming market catalysts.


Support and Resistance:
Support: The nearest support is located around 156.30, which aligns with the 61.8% Fibonacci retracement level and recent consolidation within the Bollinger Bands structure.
Resistance: The main resistance level appears near 158.00, corresponding with the 100% Fibonacci level and recent highs in the USDJPY H4 chart analysis.


Conclusion and Consideration:
The USDJPY H4 technical and fundamental daily analysis indicates that the pair remains in a moderately bullish structure after recovering from the 151 area. Price action near the 100% Fibonacci level suggests the market is currently consolidating before a potential breakout or pullback. The MACD remains positive, while the RSI neutral reading reflects balanced momentum, indicating that traders should watch for confirmation of the next directional move. Upcoming US economic releases and geopolitical headlines could influence short-term volatility in the USDJPY price action forecast.


Disclaimer: The analysis provided for USD/JPY is for informational purposes only and does not constitute investment advice. Traders are encouraged to perform their own analysis and research before making any trading decisions on USDJPY. Market conditions can change quickly, so staying informed with the latest data is essential.


FXGlory
03.10.2025

[FXGLORY]

Silver H4 Technical and Fundamental Analysis for 03.11.2026





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


Fundamental Analysis:
Silver H4 remains highly sensitive to today’s USD-related fundamentals, especially the upcoming CPI and Core CPI releases, which are key indicators for inflation and future Federal Reserve policy expectations. Stronger-than-forecast inflation data could support the US Dollar and Treasury yields, which may limit upside momentum in XAG/USD and pressure Silver prices. In addition, any hawkish remarks from Fed Governor Michelle Bowman could further strengthen the Dollar and weigh on precious metals. For today’s Silver technical and fundamental analysis, inflation data and Fed commentary are the main drivers likely to shape short-term price action on the H4 chart.


Price Action:
Looking at the Silver H4 chart analysis, ever since the Silver chart went through a major bearish move, the candles have been struggling to recover from that damage, showing signs of a sideways market trend moving between 70.676 and 95.286. The previously prolonged bullish momentum is now clashing with the market’s current struggle to recover from the strong bearish impulse, and that has left the chart in an undecided structure. Recent candles show a moderate rebound toward the mid-to-upper part of the range, but price is still trading below the major resistance zone, which keeps the broader XAG/USD H4 forecast neutral rather than fully bullish. In this technical analysis for Silver H4, the current price behavior suggests consolidation with recovery attempts, not yet a confirmed breakout trend.


Key Technical Indicators:
Bollinger Bands (60): The Bollinger Bands are narrowing, signaling reduced volatility and the possibility of an upcoming expansion move. Price remains range-bound, so the next breakout or rejection will be important.
MACD (12,26,9): The MACD is still in positive territory, showing mild bullish momentum in Silver H4. However, the recovery remains limited and not strong enough to confirm a clear trend reversal.
Williams %R (14): Williams %R is near the overbought zone, indicating recent buying strength in the short term. Still, in a sideways market, this can also signal slowing momentum near resistance.


Support and Resistance:
Support: The nearest support is at 83.690, which has recently acted as a short-term stabilization zone. Below that, 70.676 remains the major H4 support level.
Resistance: The immediate resistance is at 95.286, which continues to cap bullish recovery attempts. A break above it could improve the Silver H4 bullish outlook.


Conclusion and Consideration:
This Silver H4 chart technical analysis suggests that XAG/USD is still trapped inside a broad sideways structure after a severe bearish shock, with recovery attempts visible but not yet decisive. The narrowing Bollinger Bands, positive yet modest MACD structure, and near-overbought Williams %R reading all point to a market that is rebuilding bullish pressure while still facing clear resistance and uncertainty. From a fundamental analysis perspective, upcoming USD inflation data and Fed commentary could become the trigger that decides whether Silver breaks above 95.286 or rotates back into its range. Traders following this Silver daily analysis, technical analysis, and price action forecast should watch for a confirmed H4 breakout or rejection before assuming directional continuation.


Disclaimer: The analysis provided for XAG/USD is for informational purposes only and does not constitute investment advice. Traders are encouraged to perform their own analysis and research before making any trading decisions on XAGUSD. Market conditions can change quickly, so staying informed with the latest data is essential.


FXGlory
03.11.2026

[FXGLORY]

GOLD H4 Technical and Fundamental Analysis for 03.13.2026





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


Fundamental Analysis:
This XAUUSD / GOLDUSD H4 technical and fundamental analysis shows gold trading in a cautious environment as the US Dollar remains sensitive to inflation, growth, and labor-market expectations. Today’s USD-related backdrop includes PCE, GDP, Durable Goods, Personal Income, Personal Spending, JOLTS, and University of Michigan data references, although several releases are delayed because of the US government shutdown. For gold price today and XAUUSD daily analysis, stronger US data would normally support the USD and weigh on gold, while softer data or delayed releases may reduce momentum in the Dollar and help gold stay supported. This keeps the market focused on safe-haven demand, Fed expectations, and interest-rate direction. Overall, the fundamental analysis for XAUUSD H4 remains mixed, with macro uncertainty helping gold hold value while USD strength still limits bullish expansion.


Price Action:
The price action analysis for GOLD H4 shows that gold is still moving between the strong 5,000 support and the ATH at 5,597.61, with price staying near the middle of this broader range. Although the market has shown a slight upward movement recently, it is still struggling to build enough strength above the 5,000 zone. The latest candles are red, reflecting bearish pressure during the last few H4 sessions, while buyers remain unable to push through the first important resistance near 5,250. This area is technically important because it aligns with recent price hesitation and nearby indicator resistance. In this gold H4 chart forecast, the current candle structure suggests consolidation with a short-term bearish bias unless buyers reclaim 5,250 with stronger momentum.


Key Technical Indicators:
Bollinger Bands: In this XAU-USD H4 technical analysis, price is trading below the upper Bollinger Band and struggling to expand upward. The 5,250 resistance is reinforced by the upper band, making it the first technical barrier for bullish continuation.
Parabolic SAR: The Parabolic SAR dots are currently above the candles, which signals short-term bearish pressure on the H4 chart. This indicates that recent upside attempts remain weak unless the dots flip below price again.
MACD (12,26,9): The MACD reading at -7.640 and 5.385 shows fading bullish momentum and a weak short-term structure. In this GOLD/USD H4 chart analysis, the indicator supports the recent bearish candles and the loss of upside strength.
RSI (14): The RSI is at 38.38, which is below the neutral 50 level and reflects soft bearish momentum. It is not yet deeply oversold, so price may still remain under pressure before a stronger rebound appears.
Volume: Volume stands at 94,185, showing that the market is active but not yet in breakout mode. This supports the view that the current XAU USD price action is still consolidative rather than strongly trending.


Support and Resistance:
Support: The key support is at 5,000, which has acted as a strong psychological and technical floor in the recent gold H4 price action analysis. A clear break below this level may open the way for deeper downside movement.
Resistance: The first resistance is at 5,250, where price meets the upper Bollinger Band and nearby Parabolic SAR pressure in this XAUUSD technical chart analysis. The major resistance remains the all-time high at 5,597.61.


Conclusion and Consideration:
This technical and fundamental daily analysis for GOLD H4 suggests that gold is still holding above a critical support zone, but short-term momentum remains bearish. The red candles, bearish Parabolic SAR placement, negative MACD structure, and RSI below 50 all point to weak near-term sentiment. At the same time, the broader market has not broken below 5,000, which keeps the larger structure stable for now. For gold price action and chart analysis, the market remains range-bound between 5,000 and 5,250, while a break outside this zone may define the next directional move. Traders should also watch USD-related macro sentiment closely, as it can quickly shift momentum in the gold market.


Disclaimer: The analysis provided for XAU/USD is for informational purposes only and does not constitute investment advice. Traders are encouraged to perform their own analysis and research before making any trading decisions on XAUUSD. Market conditions can change quickly, so staying informed with the latest data is essential.


FXGlory
03.13.2026