Mon, May 20, 2024

EURJPY Analysis

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

Alarmed by increasing security threats and the risk of war in the Indo-Pacific, Japan will seek to purchase hundreds of U.S.-built Tomahawk cruise missiles. This is a part of a major defense buildup unprecedented in the postwar period.

Gold Analysis

XAUUSD Gold price has broken the Ascending channel in downside.

XAUUSD Gold price has broken the Ascending channel in downside.

At an APEC meeting hosted by Thailand in May, representatives from the United States and some other countries walked out of a meeting to protest Russia’s actions in Ukraine when Russian Economy Minister Maxim Reshetnikov was delivering remarks.

Silver Analysis

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

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

Iran’s foreign ministry on December 10 took the rare move of summoning China’s ambassador to Tehran after Beijing issued a joint statement with Arab states that controversially dealt with the matter of three long-disputed islands in the Strait of Hormuz.

USDCHF Analysis

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

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

Switzerland is offering all possible intermediaries for a solution to the delimitation of the border between Azerbaijan and Armenia, Swiss President Ignazio Cassis said. He made the remark while answering questions during a discussion in the Swiss Senate of the Federal Assembly.

EURUSD Analysis

EURUSD is moving in the Rising wedge pattern and the market has rebounded from the higher low area of the pattern

EURUSD is moving in the Rising wedge pattern and the market has rebounded from the higher low area of the pattern.

Belgian police seized cash worth about €600,000 ($632,000; £515,000) in 16 searches in Brussels on Friday. Computers and mobile phones were also taken to examine their contents. Four people have been charged while two have been released, prosecutors said on Sunday.

GBPUSD Analysis

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

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

Further travel disruption is expected this week with temperatures forecast to stay well below freezing overnight, and up to 10cm of snow forecast in the south-east of England. Airports were also being affected, with both Gatwick and Stansted having to close their runways.

EURCHF Analysis

EURCHF is moving in an Ascending triangle pattern and the market has rebounded from the higher low area of the triangle pattern

EURCHF is moving in an Ascending triangle pattern and the market has rebounded from the higher low area of the triangle pattern.

The EU is to appoint a sanctions envoy to push for tighter enforcement of its penalties in countries, including Turkey, as the bloc seeks to crack down on the avoidance of its measures against Russia. This is part of their new plan to target Russia and make them weaker.

GBPAUD Analysis

GBPAUD is moving in a Descending channel and the market has rebounded from the lower low area of the channel

GBPAUD is moving in a Descending channel and the market has rebounded from the lower low area of the channel.

Earlier this week, the Australian Security Intelligence Organisation (ASIO) announced that Australia’s national terrorism threat level had been downgraded from probable to possible. This is the first time the threat level has changed since it was raised in 2014.

GBPNZD Analysis

GBPNZD is moving in a Descending channel and the market has rebounded from the lower low area of the channel

GBPNZD is moving in a Descending channel and the market has rebounded from the lower low area of the channel.

After months of pressure, New Zealand has moved nurses and midwives onto the immigration green list, meaning they can get immediate residency. Staff shortages across the health professions, and the country needed hundreds of mental health nurses alone.

AUDCAD Analysis

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

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

Canada is preparing to expand its medically assisted death framework to become one of the broadest in the world, a change some want to delay due to concerns vulnerable people have easier access to death than to a life without suffering.


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

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

Leave a Reply

Your email address will not be published. Required fields are marked *

Also read