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Mon, Mar 04, 2024

EURJPY Analysis

EURJPY is moving in an Ascending triangle pattern and the market has reached the resistance area of the pattern.

Throughout the summer, the EU has been consistently increasing the price of gas. This has caused it to become unaffordable for many. As a result, the EU is now looking to pause these price hikes so people can afford to get passed winter.

GOLD Analysis

XAUUSD Gold price is moving in the Descending channel and the market has rebounded from the lower low area of the channel 1

XAUUSD Gold price is moving in the Descending channel and the market has rebounded from the lower low area of the channel.

Russia is becoming more and more vicious as the days go by. They are getting into arguments with other nations and it seems like they are trying their best to break most of the diplomatic ties that don’t benefit them in any way. As a result, NATO is now holding nuclear drills to prepare.

SILVER Analysis

XAGUSD Silver Price is moving in Broader Ascending channel or Rising wedge pattern and the market has reached the higher low area of the channel or pattern.

XAGUSD Silver Price is moving in a Broader Ascending channel or Rising wedge pattern and the market has reached the higher low area of the channel or pattern.

In Russia, it is currently illegal to speak against the government. Due to this reason, a Russian TV journalist was detained over the criticism of the Ukraine war. She spoke in favor of Ukraine which made Russia angry, and they detained her.

USDCHF Analysis

USDCHF is moving in an Ascending channel and the market has rebounded from the higher low area of the channel 1

USDCHF is moving in an Ascending channel and the market has rebounded from the higher low area of the channel.

In the last couple of days, we have revealed that the US is planning on an energy-saving situation. They hope that they can save enough energy at the moment to last them through winter. As a result, Switzerland may now join this initiative as they do not want to freeze either.

EURUSD Analysis

EURUSD is moving in the Descending channel and the market has fallen from the lower high area of the channel 3

EURUSD is moving in the Descending channel and the market has fallen from the lower high area of the channel.

Canada is going through some major upgrades in its immigration system. They are now allowing students to work full-time in the country due to the labor shortage that is hurting their economy. Despite this, they are not bringing enough actual workers into the country.

GBPAUD Analysis

GBPAUD is moving in the Falling wedge pattern and the market has fallen from the lower high area of the pattern

GBPAUD is moving in the Falling wedge pattern and the market has fallen from the lower high area of the pattern.

The UK is currently having secret dealings with the Chinese military, which they would like to keep off the books. They are trying to pass on some large sums of money to the Chinese military without getting noticed. To do so, they are using ex-UK pilots.

CADCHF Analysis

CADCHF is moving in the Descending channel and the market has reached the lower high area of the channel 2

CADCHF is moving in the Descending channel and the market has reached the lower high area of the channel.

In light of the great resignation, Switzerland is now also facing an acute shortage of teachers. They are expected to face this shortage over the next decade. As a result, they are now actively looking for individuals willing to take on this role.

AUDUSD Analysis

AUDUSD is moving in an Ascending triangle pattern and the market has reached the higher low area of the pattern

AUDUSD is moving in an Ascending triangle pattern and the market has reached the higher low area of the pattern.

As we all know, there is a war going on between Israel and Palestine. Australia had previously recognized the capital of Israel to be Jerusalem. However, they recently revealed that they are reversing this recognition in support of Palestine.

AUDCHF Analysis

AUDCHF is moving in the Descending channel and the market has reached the lower high area of the channel 1

AUDCHF is moving in the Descending channel and the market has reached the lower high area of the channel.

China has always wanted to become a world dominator, and it has everyone’s attention now more than ever. They are looking to become the next US, and they are not backing down from any fight if it means that they are going to get this title in the end.

NZDUSD Analysis

NZDUSD is moving in the Rising wedge pattern and the market has reached the higher low area of the pattern

NZDUSD is moving in the Rising wedge pattern and the market has reached the higher low area of the pattern.

New Zealand’s central bank was one of the first in the world to target inflation. Despite this, they seem to be the one who is struggling the most to bring it under control. New Zealand’s inflation is near record high, and their interest rates are being questioned thoroughly.


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