USDCHF Analysis
USDCHF is moving in the Descending channel and the market has fallen from the lower high area of the channel.
Switzerland has frozen financial assets worth 7.5 billion Swiss francs under sanctions against Russians to punish Moscow for its invasion of Ukraine. They also revealed that they have blocked 15 properties in six cantons as a result of the war crimes in Ukraine.
Gold Analysis
XAUUSD Gold price is moving in the Rising wedge pattern and the market has rebounded from the higher low area of the pattern.
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.
Silver Analysis
XAGUSD Silver Price is moving in an Ascending channel and the market has rebounded from the higher low 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.
USDJPY Analysis
USDJPY is moving in the Descending channel and the market has fallen from the lower high area of the channel.
Japan, Britain, and Italy will announce a groundbreaking agreement as early as next week to jointly develop a new advanced jet fighter. This agreement will provide Japan with new security partners that can help it counter neighboring China’s growing military power.
EURUSD Analysis
EURUSD is moving in an Expanding channel and the market has rebounded from the Lower 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.
GBPUSD Analysis
GBPUSD is moving in an Ascending channel and the market has rebounded from 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.
AUDUSD Analysis
AUDUSD is moving in an Ascending channel and the market has reached the higher low 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 defense said they agreed to step up the pace of military interactions with the US.
NZDUSD Analysis
NZDUSD is moving in an Ascending channel and the market has rebounded from the higher low area of the channel.
New Zealand will launch an official inquiry into its Covid-19 response so that future governments are better prepared to deal with pandemics, prime minister Jacinda Ardern has announced. This is being done in preparation for a potential future pandemic.
AUDCHF Analysis
AUDCHF is moving in the Descending channel and the market has rebounded from the lower low area of the channel.
OEUK’s annual Workforce Insight report shows that retaining and recruiting the best people is critical to securing the country’s energy supply. The report will enable OEUK to work with industry and government to develop a new action plan for skills.
CADCHF Analysis
CADCHF is moving in the Descending channel and the market has reached the lower high area of the channel.
On Thursday, the Swiss economics ministry revealed that it has frozen $7.94 billion in Russian assets. This is in addition to 15 properties owned by sanctioned legal companies and people in Russia. The sanctioned amount is only a fraction of all Russian assets in Switzerland.
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