Tue, Jun 18, 2024

GBPUSD Analysis

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

Under the new UK-US Energy Security and Affordability Partnership’, the UK and US will drive work to reduce global dependence on Russian energy exports, stabilize energy markets and step up collaboration on energy efficiency, nuclear and renewables.

XAUUSD Analysis

XAUUSD Gold price has broken the Descending channel in upside.

XAUUSD Gold price has broken the Descending channel in upside.

The war shows no signs of slowing down, with heavy missile attacks continuing overnight in the south and east of the country. The latest strikes come after three Russian airbases experienced attacks this week. Kyiv has not claimed responsibility for the attacks.

XAGUSD Analysis

XAGUSD Silver Price is moving in the Ascending channel and the market has reached the high low and horizontal support area of the channel

XAGUSD Silver Price is moving in the Ascending channel and the market has reached the high low and horizontal support area of the channel.

China announced a nationwide loosening of Covid-19 restrictions following protests against the hardline strategy that grew into calls for greater political freedoms. Under the new guidelines, some asymptomatic and mild cases of Covid-19 can now quarantine at home.

USDCHF Analysis

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

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

The United States has just about 90 million planted acres of corn, and there’s a reason people refer to the crop as yellow gold. In 2021, U.S. corn was worth over $86 billion, according to calculations from the United States Department of Agriculture.

USDJPY Analysis

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

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

Chinese President Xi Jinping is set to arrive in Saudi Arabia for a state visit amid high tensions between the United States and the two countries, reported the Saudi Press Agency. Xi’s trip to Riyadh will include a Saudi-Chinese summit, a China-Arab summit and a China-GCC summit.

EURUSD Analysis

EURUSD is moving in an Ascending channel and the market has reached the higher low area of the channel 1

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

Nearly 80,000 Afghans evacuated by the American military live under a cloud of complete uncertainty, with no guarantee of how much longer they can stay in the United States. Many of these Afghans have served alongside the American forces in the past two decades.

AUDUSD Analysis

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

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

The United States and Australia said Tuesday they would welcome Japanese troops into three-way rotations, vowing a united front in the face of China’s rapid military advances. Australia’s defence said they agreed to step up the pace of military interactions with the US.

NZDUSD Analysis

NZDUSD is moving in the Ascending channel and the market has reached the high low area of the channel

NZDUSD is moving in the Ascending channel and the market has reached the high low area of the channel.

The European Commission ruled late last month to permit airlines to provide 5G connectivity to passengers on board, including for phone calls and high-speed data. E.U. member states have until the end of June 2023 to set aside 5G frequency bands for planes.

CADJPY Analysis

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

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

Japan reported a larger-than-expected trade deficit of $15 billion for the month of October. Exports rose by 25.3%, slower than a year-on-year growth of 28.9% seen in September. Meanwhile, imports jumped 53.5% in October, higher than the 45% of the previous month.

CHFJPY Analysis

CHFJPY has broken the Descending channel in Upside

CHFJPY has broken the Descending channel in Upside.

Japan has been building its collaboration with NATO for a little more than a decade to discuss shared security challenges and promote defense collaboration. The country participated in a NATO summit for the first time during the alliance’s 2022 event in Madrid.


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