Markets Slide as Israel Strikes Iran, Safe Havens Climb

Action Insight Daily 6-13-25

Markets Slide as Israel Strikes Iran, Safe Havens Climb

Asia-Pacific equities slumped today after Israel launched a military strike on Iran, targeting nuclear facilities and escalating geopolitical tensions in the region. The strike, which came without US support, was followed by a sharp vow of retaliation from Tehran. The immediate reaction saw oil prices spike nearly 9%, as traders rushed to price in potential supply disruptions across the Middle East. The risk-off mood gripped markets across asset classes, dragging equities lower and boosting safe havens.

Gold, Swiss Franc, and Yen all climbed as investors sought shelter from the rising uncertainty. Meanwhile, Dollar also found some renewed strength as it recovered, after broader weakness earlier in the week triggered by softer-than-expected inflation data and rising odds of a September Fed rate cut.

On the other hand, Kiwi led the declines, pressured by both heightened risk aversion and a sharp contraction in local manufacturing activity. Kiwi was followed closely by Aussie and Sterling. Loonie managed to hold mid-pack, underpinned partially by the surge in oil prices. Euro also traded with relative calm, despite the Middle East tensions, as ECB’s message this week has helped anchor expectations that easing cycle may be drawing to a close......

Full Report Here

Top Movers | HeatMap | Pivot Points | Pivot Meters | Action Bias | Vol

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8067; (P) 0.8138; (R1) 0.8174; More….

Intraday bias in USD/CHF remains on the downside, with immediate focus now on 0.8038 low. Strong support could be seen there to bring rebound, and above 0.816 support turned resistance will turn intraday bias neutral first. However, firm break of 0.8038 will resume larger down trend. Next target will be 61.8% projection of 0.9200 to 0.8038 from 0.8475 at 0.7757.

Full Report Here

EURUSD | USDJPY | GBPUSD | USDCHF | AUDUSD | USDCAD

EURJPY | EURGBP | EURCHF | EURAUD | GBPJPY

Recommended Readings

Cliff Notes: Necessary Relief

Elliott Wave Analysis: USDCHF Resumes Bearish Trend

USD/JPY Slides in Steep Move—Is a Deeper Pullback Brewing?

Silver (XAGUSD) Elliott Wave: Intraday Blue Box Buying Opportunity

EURCHF Wave Analysis

USDCHF Wave Analysis

Platinum Wave Analysis

June Flashlight for the FOMC Blackout Period: Why Change Policy Now?

Fundamental Analysis | Technical Analysis
In-depth Reports
alt
June Flashlight for the FOMC Blackout Period: Why Change Policy Now?
alt
European Central Bank Continues Rate Cut Cycle
Economic Calendar
GMT Ccy Events Actual Forecast Previous Revised
22:30 NZD Business NZ PMI May 47.5 53.9 53.3
04:30 JPY Tertiary Industry Index M/M Apr 0.30% 0.20% -0.30% -1.00%
04:30 JPY Industrial Production M/M Apr -1.10% -0.90% -0.90%
06:00 EUR Germany CPI M/M May F 0.10% 0.10%
06:00 EUR Germany CPI Y/Y May F 2.10% 2.10%
08:30 GBP Consumer Inflation Expectations 3.40%
09:00 EUR Eurozone Industrial Production M/M Apr -1.60% 2.60%
09:00 EUR Eurozone Trade Balance (EUR) Apr 22.5B 27.9B
12:30 CAD Manufacturing Sales M/M Apr -2.00% -1.40%
12:30 CAD Capacity Utilization Q1 79.80% 79.80%
12:30 CAD Wholesale Sales M/M Apr 0.30% 0.20%
14:00 USD UoM Consumer Sentiment Jun P 53.5 52.2
14:00 USD UoM Inflation Expectations Jun P 6.60%