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What You Need To Know Currently About Russia – Ukraine: March 04, 2022

What You Need To Know Currently About Russia – Ukraine

  • India on Friday abstained in a vote in the UN Human Rights Council that has decided to urgently establish an independent international commission of inquiry as a result of Russia’s aggression against Ukraine. Stay with TOI for the latest developments on Russia-Ukraine conflict – Timesofindia.
  • Ukraine ambassador tells Putin after UNRC vote – Whole world is against you – Timesofindia.
  • Putin tells Macron Russia will achieve its goals in Ukraine ‘whatever happens’ – Timesofindia.
  • Nuclear threat over Ukraine shows ‘all of humanity’ at risk: UN – Timesofindia.
  • No documents agreed yet with Ukraine in talks, says Russia – Timesofindia.
  • Authorities in Ukraine’s Mykolayiv city issue air raid warning – Timesofindia.
  • Russia’s neighbours should not escalate tensions, says Vladimir Putin – Timesofindia.
  • Hospitals are sending medical supplies to treat people in Ukraine as fighting continues across the country.
  • Russia has taken control of Europe’s largest nuclear power station in Ukraine after it was hit by shelling. Authorities say the facility – the largest plant in Europe – is safe and radiation levels are normal.
  • US President Joe Biden urged Moscow to stop its military activities around the site, while Canada’s Prime Minister Justin Trudeau said the “horrific attacks” from Russia “must cease immediately”.
  • UK Prime Minister Boris Johnson said the “reckless” attack could “directly threaten the safety of all of Europe”. All three leaders spoke to Ukraine’s President Volodymyr Zelensky by phone.
  • Russia’s parliament has passed a law making it an offence to spread “fake” information about the armed forces.
  • The Kremlin objects to the conflict being called a war, instead calling it a “special military operation”.
  • UK Foreign Secretary Liz Truss is seeking agreement from the international community to step up support for Ukraine, in the face of continuing attacks from Russian forces.
  • Ugandan President Yoweri Kaguta Museveni met Russian ambassador Vladlen Semivolos on Thursday to discuss “issues of mutual interest”. Apart from Uganda, Sixteen other African countries including South Africa, Angola, Algeria and Mali abstained from the vote.
  • NATO wary as Ukraine calls for no-fly zone to hinder Russia.

Source – BBC News

Technical View:

XAU/USD (Gold):

  • The Gold spieks up sharply ahead of U.S. NFP job data and touches $1,949 mark.
  • Today pair made intraday high at $1,951 and low at $1,929 mark.
  • A day chart and H1 chart with triple EMA suggest bullish trend for the time being.
  • A sustained close above $1,954 on H1 chart requires for the upside rally.
  • Alternatively, a consistent close below $1,938 on H1 will check further supports.
SUPPORTS RESISTANCES
$1,931 $1,954
$1,926 $1,960
$1,918 $1,967
$1,911 $1,975
$1,906 $1,981

Take a look and do trade wisely!
Good Luck

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