USDCHF Analysis
USDCHF is moving in Descending Channel and the market has reached 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 is moving in Ascending channel and the market has broken the higher low area of the channel.
The European Union still believes President Joe Biden’s Inflation Reduction Act discriminates against companies in the bloc. It was met with swift criticism from EU member states, who feel that a host of its provisions threaten the European industry.
USDJPY Analysis
USDJPY is moving in Descending Channel and the market has reached the lower 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.
AUDUSD Analysis
AUDUSD is moving in Ascending channel and the market has reached higher low area of the channel.
Almost 650 people have been charged in a four-day police bombardment targeting dangerous domestic violence offenders in Australia. Of the 648 people charged during Operation Amarok last week, 164 were among the state’s most wanted domestic violence offenders.
AUDCAD Analysis
AUDCAD is moving in Ascending channel and the market has reached the higher low area of the channel.
France and Australia unveiled plans on Monday to jointly manufacture ammunition for Ukraine as the two countries seek to shore up defense cooperation and move past a row over Canberra’s decision to ditch plans to buy French submarines two years ago.
AUDCHF Analysis
AUDCHF is moving in Descending channel and the market reached the lower low area of the channel.
A long-awaited meeting between Australia and China’s top trade officials will take place next week. The meeting follows Foreign Minister Wong’s visit to China in December and Prime Minister Anthony Albanese’s meeting with Chinese President Xi Jinping at the G20 summit.
CHFJPY Analysis
CHFJPY is moving in Descending channel and the market fallen from the lower high area of the channel.
From inflation allowances to the reskilling of workers, firms in Japan are stepping up efforts to help employees fight rising prices and a labor crunch, even though some cannot afford pay hikes that would more than offset cost-push inflation.
NZDCAD Analysis
NZDCAD is moving in Descending Channel and the market has reached the lower high area of the channel.
New Zealand house prices fell in December on the prior month as interest rates rose, and more difficulty accessing bank finance contributed to continued hesitancy in the market. Seasonally adjusted median house values fell 0.6% in December compared with the previous month.
CADJPY Analysis
CADJPY is moving in Descending channel and the market has fallen from the lower high area of the channel.
From pandemic-related travel restrictions to extreme weather events, Canada’s travel industry has navigated an unprecedented amount of uncertainty of late. And now, just as demand for travel has returned to its 2019 level despite a lack of qualified pilots.
Crude Oil Analysis
Crude Oil is moving in Descending Channel and the market has fallen from the lower high area of the channel.
The top United States military officer travelled to Poland and talked face-to-face with his Ukrainian counterpart for the first time as Russia’s war on Ukraine nears the one-year mark. The two leaders have talked frequently about Ukraine’s military requirements.
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