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#AN008: Israel, Iran and the price of fear

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GEOPOLITICS – Israel, Iran and the price of fear

While the stock markets are trying to hold up, the geopolitical reality is very different. In the last 72 hours, Israel has hit a facility considered strategic in southern Iran. Tehran responded with ballistic warheads targeted at NATO positions, and threatened a military closure of the Strait of Hormuz. In a few hours, Brent has shot above $100, while WTI has touched $94.20, bringing back to life a spectre that seemed archived: energy purchases.

DOLLAR AND FED – Sickles under pressure

The Federal Reserve has kept rates unchanged, but Powell has sent a clear signal: "there will be no cut if the geopolitical context continues to generate upward pressure on prices".
In other words: the FED remains hawkish, the dollar continues to dominate, and global sentiment shifts to risk.

CROSS WATCH – SwipeUP FX Opportunity

EUR/USD
Weak EU macro + sustained US sell-off + war → Realistic target 1.0630 – if it breaks 1.0675 H8.

USD/JPY
Institutionals undecided: if the yen does not strengthen and the BOJ remains neutral, we can return above 158. Target: 158.60-159.2 in case of new USD leg.

CAD/JPY and oil-linked
Canada benefits from the oil increase, but be careful: risk-off can penalize. Assess only with cyclical confirmation and real volumes.

📌 WHAT TO WATCH NOW – SwipeUP Checklist

📆 Friday, June 21: US PMI data + Powell speech

⚠️ VIX above 20: signals real tension

📉 JPY and CHF in divergence? → watch out for manipulative breakouts

🗓️ Earnings Season: can divert flows in the short term, but remains in the background

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