Unfortunately, there are currently no signs that the war momentum in the Middle East will reverse anytime soon. Netanyahu stated that Israel does not seek a prolonged war, but yesterday Trump did not rule out deploying ground troops and this morning said the United States is prepared for a long, victorious war. At present, rising gas prices in particular may pose a serious challenge for Europe and, consequently, for the euro. The chart shows RSI approaching oversold territory, while selling volume clearly dominates.
EURUSD (D1)

Source: xStation5
DE40 dips 3% and falls to 2026 lows 🚨📉
Middle East conflict ramps up a gear as energy price spike rips through markets
Chart of the day 🚨OIL surges 5% putting pressure on Wall Street
Daily summary: Markets aren’t afraid of the conflict, valuations are normalizing
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