Sat, Dec 10, 2022

GBPJPY Analysis

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

India and the UK are set to unveil a new reciprocal visa arrangement whereby 3,000 degree-educated Indian nationals between the ages of 18 and 30 years will be allowed to easily enter the region through a new scheme that allows for easy visa access.

XAUUSD Analysis

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

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

Russia has denied it was to blame for the missile that landed in Przewodow, on the Ukrainian border. Poland said it was Russian-made, but US officials said that it belonged to Iran. Either way, both of these countries are working together against Ukraine.

USDCHF Analysis

USDCHF is moving in the Box pattern and the market has reached the horizontal support area of the pattern 1

USDCHF is moving in the Box pattern and the market has reached the horizontal support area of the pattern.

Wanted Ukrainian cybercrime suspect Vyacheslav Penchukov was arrested in Geneva, Switzerland. This brings major relief to the nation as they have been facing major attacks related to cybercrime which were all traced back to this individual.

AUDUSD Analysis

AUDUSD is moving in the Descending channel and the market has reached the lower high area of the channel 3

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

Australia’s prime minister Anthony Albanese pressed Chinese president Xi Jinping to lift punitive export sanctions at a meeting. Tensions between the two nations are growing a,nd Australia doesn’t need to find itself in the midst of a war between China and Taiwan.

EURNZD Analysis

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

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

As part of a push to become carbon neutral, New Zealand’s government has promised to reduce methane emissions from farm animals by up to 47% by 2050. This is a huge reduction that they are promising however, there are still about 27 years for them to achieve it.

EURCAD Analysis

EURCAD is moving in an Ascending channel and the market has reached the higher high area of the channel

EURCAD is moving in an Ascending channel and the market has reached the higher high area of the channel.

Pakistan and the European Union have decided to strengthen their bilateral cooperation on migration and mobility. The agreement was reached yesterday, November 14, after a two-day visit to Pakistan by the European Commissioner for Home Affairs,

GBPCAD Analysis

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

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

The prime minister said tax rises and spending cuts in Thursday’s Autumn Statement were needed to reduce rising inflation and UK public debt. Despite giving out these reasons, Sunak is facing backlash for failing to provide any relief to the citizens of the country.

AUDCAD Analysis

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

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

Australian Treasurer Jim Chalmers said measures to reduce gas costs for consumers and businesses would be put in place by Christmas as a global energy crisis is looming around the corner. Gas is in short supply, and prices are soaring sky high.

Crude oil Analysis

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

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

Suppose China’s President Xi Jinping was to start a large-scale war over Taiwan, using the same justification as Russian President Vladimir Putin. They are stating their reasons for doing so is to defend their nation, which seems far-fetched considering Taiwan is majorly unarmed.

AUDCHF Analysis

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

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

Australian business owners are yet to see an improvement to the labor shortage issue, and some believe it has worsened. This comes following the revelation that Australia is easing visa processes to allow for more foreigners to fill the labor shortages in the country.


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