XAUUSD Gold price is moving in the Descending channel and the Market has fallen from the Lower high area of the channel.
Russians are also against what their government is doing in Ukraine. As a result, there are many strikes going on in Russia, and several people have even been injured in these strikes. The Russian government does not seem to care and will continue to perform war crimes.
USDJPY is moving in an Ascending channel and the Market has fallen from the higher high area of the channel
Japan has recently found itself sandwiched in between the war between China and Taiwan. As a result, they are looking towards new measures in order to safeguard the people and the country. As a result, Japan now wants to point 1000 cruise missiles are China.
USDCHF is moving in an Ascending channel and the market has reached the higher high area of the channel.
We also recently found out that the unemployment rate has dropped by 2% in Switzerland. While this would normally mean that the number of jobs in the country has increased, in the case of Switzerland, this actually means that there isn’t an overpopulation.
EURUSD is moving in the Descending triangle pattern and the Market has reached the Horizontal support area of the Pattern..
It seems like every week the EU is looking towards new ideas that they can sanction Russia out of. It was recently revealed that the EU is now thinking of banning all travel visas from Russia. However, the foreign policy chief has currently rejected these demands.
EURNZD is moving in the Descending channel and the Market has fallen from the Lower high area of the channel.
We revealed just last week how there have been children found in suitcases in New Zealand. There is a new update on this crime where it was revealed that South Korea may potentially be involved in this situation as well.
GBPUSD is moving in the Descending triangle pattern and the Market has reached the Horizontal support area of the Pattern.
It is recently reviewed that more than half of the British households will be in free poverty by next month. To be more precise, 54% of British households will no longer be able to afford fuel by October up until even January.
GBPCAD is moving in the Descending triangle pattern and the Market has reached the horizontal support area of the pattern.
Canada has previously always been known to have really good healthcare. This is at least when compared to the United States. However, their healthcare system is rapidly declining and it now seems like Canadians are suffering as a result.
Crude Oil Analysis
Crude Oil is moving in an Ascending channel and the Market has rebounded from the higher low area of the channel.
While many different countries in the EU are now looking to reduce their gas consumption in order to prepare for the winter months, Norway was found to have a significantly higher gas output this month than ever previously. This has angered the EU.
AUDCHF is moving in the Box Pattern and the Market has rebounded from the horizontal support area of the pattern.
Several countries are looking to make sure that crypto isn’t used for illegal purposes under their territory. However, regulating this decentralized system has been a challenge. However, Australia seems to have found a way and plans to use token mapping for crypto regulation.
CHFJPY is moving in the Box Pattern and the Market has fallen from the horizontal resistance area of the Pattern.
Just last week, Japan revealed how it didn’t want to care about the pandemic crisis anymore as it wasn’t really impacting the country as much. However, it is quite ironic that we recently found out that even the prime minister of the country is now COVID positive.
Don’t trade all the time, trade forex only at the confirmed trade setups.
Get more confirmed trade setups here: forexgdp.com/forex-signals/