There’s elevated volatility after Israel’s retaliation towards the Iran’s weekends drone assault. The EURUSD and GBPUSD moved decrease (larger USD) initially, however has since rebounded. The USDJPY fell on flight into the relative security of the JPY initially after the report, however as shares have rebounded so has the USDJPY.
On this video I check out the technicals which can be driving the three main foreign money pairs. In it, I check out the EURUSD, USDJPY and GBPUSD and description bias and danger defining ranges in play.
It’s Friday, the calendar is void of any financial knowledge. Focus will likely be on the headlines and any weekend danger for retaliation.
