GBPCAD is moving in an Ascending channel and the Market has reached the higher low area of the channel.
As we already know, Canada is facing a large shortage of workers. Canadian businesses are suffering as a result of worker shortages. Despite this, the visas are still being delayed which is causing an even more negative impact on businesses.
XAUUSD Gold price is moving in an Ascending channel and the market has rebounded from the higher low area of the channel.
It was revealed today that statistics show, that the Ukrainian health care facilities have been attacked very significantly since the war started. At least 366 health care facilities have been attacked which shows that Russia is targeting the weak instead of the military forces.
USDCHF is moving in the descending triangle pattern and the market has reached the horizontal support area of the pattern.
In a shocking turn of events, it was revealed earlier today that as a result of the melting glaciers in Switzerland, they have now found the remains of many different humans as well as a plane wreckage. It is unclear yet how old this is but, it is clearly very horrifying.
EURCHF is moving in the Box Pattern and the market has reached the Horizontal support area of the pattern.
Just recently we found out that the EU had introduced a seven-euro visa waiver form which gave citizens from over 60 countries visa-free travel within the EU. However, it was revealed today that this visa form has been delayed.
GBPUSD is moving in an Ascending channel and the Market has rebounded from the higher low area of the channel.
It was revealed earlier today, that the US will give Ukraine a large amount of money in order to support the country in fighting Russia. The exact amount is unknown but it is set to be around $5.5 billion. This will be divided into $1 billion in military support and rest in budgetary needs.
GBPJPY is moving in an Ascending triangle pattern and the Market has reached the higher low area of the triangle pattern.
Japan’s current Prime Minister Kishida has been facing a lot of backlash from the people as a result of being unable to control the political and economic crisis in the country. As a result, he has shuffled his cabinet which is also very baffling to the public.
GBPAUD is moving in the Box Pattern and the Market has rebounded from the horizontal support area of the pattern.
For the past couple of months, China has been trying to get into the region of Australia and New Zealand through trade deals. However, both Australia and New Zealand have consistently been rejecting China as they do not want to take part in anything out of their own region.
GBPNZD is moving in the Box Pattern and the Market has reached the horizontal support area of the pattern.
Just a while ago, we revealed that New Zealand has finally opened its borders completely to international travelers and is now accepting tourists once again. It was revealed today that they have also now resumed visa processing so you can now visit New Zealand with ease.
Crude oil Analysis
Crude oil is moving in an Ascending channel and the Market has reached the higher low area of the channel.
We previously revealed how China had launched missiles into Taiwan. However, they are today saying that they blame Taiwan’s leaders for the war. This is very mind-blowing and it was also revealed that they withdrew their promise not to send troops to Taiwan.
CADCHF is moving in an Ascending channel and the Market has reached the higher low area of the channel.
Being one of the very first EU countries to do so, Switzerland has now banned the importation of gold from Russia. What other issue countries are still deciding if they should do the same, Switzerland stands in the front row in defending Ukraine and standing against Russia.
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