USDCHF Analysis
USDCHF is moving in the Descending channel and the market has fallen from the lower high area of the channel.
The Swiss authorities have decided to reject the citizenship application of a national of France after he was found guilty of driving twice the permitted speed limit. Nonetheless, after he was caught driving at 80km/h in an area with a speed limit of 40km/h in 2017.
GOLD Analysis
XAUUSD Gold price is moving in an Ascending channel and the market has reached the higher low area of the channel.
While the Chinese get to enjoy an economic recovery after the end of their COVID ordeal, the Americans are not too pleased. The Chinese recovery means that the Feds may have to hike their interest rates for longer than expected to bring down inflation.
SILVER Analysis
XAGUSD Silver Price is moving in the Descending channel and the market has reached the lower high area of the channel.
US President Joe Biden has said he would be ready to meet Russia’s Vladimir Putin if there is an interest in him deciding that he’s looking for a way to end the war. French president revealed that since Putin has not agreed to meet Biden, it seems like he doesn’t want to end the war.
USDJPY Analysis
USDJPY is moving in the Descending channel and the market has fallen from the lower high area of the channel.
In the face of the climate crisis, 136 countries around the world have pledged to reach net zero by 2050. This includes Japan, which is on the path to carbon neutrality with an interim goal of reducing greenhouse gas (GHG) emissions by 46% compared to 2013 levels by 2030.
EURUSD Analysis
EURUSD is moving in an ascending channel and the market has rebounded from the higher low area of the channel.
The Swiss authorities have decided to reject the citizenship application of a national of France after he was found guilty of driving twice the permitted speed limit. Nonetheless, after he was caught driving at 80km/h in an area with a speed limit of 40km/h in 2017.
GBPCHF Analysis
GBPCHF is moving in the Box pattern and the market has fallen from the resistance area of the pattern.
Ireland’s finance minister spoke of the new optimism surrounding talks between the UK and the EU following months of bitter post-Brexit trade disputes. One clause in the Brexit deal makes it mandatory to conduct checks on goods coming from Ireland, which has severed ties.
GBPNZD Analysis
GBPNZD is moving in the Descending channel and the market has reached the lower high area of the channel.
UK hopes that controversial Brexit checks on goods crossing the Irish sea can be eliminated have risen after early analysis of government data showed that at least 85% of goods arriving in Northern Ireland from Great Britain stay in factories or shops in the region.
AUDJPY Analysis
AUDJPY is moving in an Ascending channel and the market has fallen from the higher high area of the channel.
Japan is engaged deeply in issues in Ukraine and is expected to roll out plans at the appropriate time to support Kyiv against Russia’s invasion. Kishida stressed that if a unilateral change to the status quo went unchallenged, the same would happen elsewhere.
AUDCAD Analysis
AUDCAD is moving in an Ascending channel and the market has fallen from the higher high area of the channel.
The Canadian government enforced a two-year ban prohibiting certain foreign home buyers from buying houses throughout Canada. This ban does not apply to Canadian citizens, permanent residents living in Canada, refugees, or diplomats.
AUDCHF Analysis
AUDCHF is moving in an Ascending channel and the market has fallen from the higher high area of the channel.
Switzerland is set to impose a 15% tax on international companies operating in the country. However, the US is opposed to this decision since it has several countries operating in the country. Despite this, the Swiss nation says that it will go forward with its decision.
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