Sat, Jun 22, 2024

XAUUSD Analysis

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

Russia recently received extra military weapons from Iran which has helped them strengthen their position in Ukraine. They are now alerting Ukrainians to evacuate South Ukraine near the Dnipro river as this is their next target to launch a military attack.

XAGUSD Analysis

XAGUSD Silver price is moving in an Ascending channel and the market has fallen from the higher high area of the channel

XAGUSD Silver price is moving in an Ascending channel and the market has fallen from the higher high area of the channel.

Even though real estate is meant to be one of the safest assets to invest in since it almost certainly increased in value, this has not been the case for China. Chinese properties are now facing depreciating due to falling market demands as a result of the pandemic and inflation.

USDJPY Analysis

USDJPY is moving in an Ascending channel and the market has reached the higher low area of the channel1

USDJPY is moving in an Ascending channel and the market has reached the higher low area of the channel.

We recently revealed how Japan is looking to build ties with different countries in order to strengthen its position in the world map. This is in fear of China since they are slowly looking towards launching a military attack in Taiwan which may impact Japan as well.

USDCAD Analysis

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

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

Recently we talked about how international students in Canada can now work full time due to labor shortages. These students have come out revealing that Canada is exploiting them for cheap labor by not paying them enough wages to survive in the country.

USDCHF Analysis

USDCHF is moving in an Ascending channel and the market has reached the higher low area of the channel1

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

Central banks from France, Switzerland and Singapore are attempting to automate foreign exchange markets, using decentralized protocols, to cut the cost of cross-border payments. This revelation comes at a much needed time when the DeFi world is at its peak.

EURCHF Analysis

EURCHF is moving in the Descending channel and the market has fallen from the lower high area of the channel1

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

Switzerland has been accused by border control agents in the EU for allowing migrants to exist the country into other EU states without the necessary documentation. This is especially the case of migrants coming from Austria who are able to travel to other regions now.

GBPUSD Analysis

GBPUSD is moving in the Descending channel and the market has fallen from the lower high area of the channel1

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

The British companies and citizens are now referring to themselves as the walking dead in a zombie apocalypse. This is because the rising prices of household items has caused people to live a life that is similar to death as everything is unaffordable.

AUDUSD Analysis

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

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

We recently talked about how Russia is teaming up with different Asian countries in order to strengthen itself in the war. They recently even stated to have built ties with South Korea for this purpose. However, South Korea has denied all allegations of any ties with Russia.

CADCHF Analysis

CADCHF is moving in an Ascending channel and the market has fallen from the higher high area of the channel

CADCHF is moving in an Ascending channel and the market has fallen from the higher high area of the channel.

Switzerland is breaking records once again as it recently revealed that it is now home to the world’s longest passenger train. This passenger train has 100 coaches and passes through the Swiss Alps, giving residents and foreigners a great view of the majestic scenery.

GBPNZD Analysis

GBPNZD is moving in the Descending channel and the market has fallen from the lower high area of the channel 1

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

New Zealand has always been a nation that would isolate itself from others and only focus on itself. However, with new threats from China and the uncertainty around the world, they are looking to build ties with other countries and have recently done so with India.


Don’t trade all the time, trade forex only at the confirmed trade setups.

Get more confirmed trade setups here: forexgdp.com/buy/

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