The exchange of strikes between Iran and Israel continues. However, judging by the behaviour of various assets, market participants do not appear to expect further escalation: → Oil prices are falling. Monday’s candlestick on the XBR/USD chart closed significantly below the opening level. → Safe-haven assets are also retreating: the Swiss franc weakened during Monday’s […]
The post How Financial Markets Are Reacting to the Escalation in the Middle East appeared first on Action Forex.
Daily Pivots: (S1) 0.8103; (P) 0.8125; (R1) 0.8161; More…. Intraday bias in USD/CHF stays neutral and outlook is unchanged. On the upside, break of 0.8247 resistance will argue that corrective pattern from 0.8038 is starting Read more…
If you’ve never been to the Jersey Shore, you might imagine it as the home of the wild parties and debauchery depicted in the eponymous TV series. But there’s more to the Jersey Shore than Read more…
Daily Pivots: (S1) 144.00; (P) 144.44; (R1) 145.23; More… Intraday bias in USD/JPY remains neutral for the moment. On the downside, break of 142.10 support will resume the fall from 148.64 to retest 139.87 low. Read more…