technical

The Pound Sterling (GBP) remained vulnerable while in a bearish consolidation phase against the US Dollar (USD) below the 1.3500 threshold.

For the second consecutive week, Gold (XAU/USD) failed to benefit from the risk-averse market atmosphere and registered losses as growing inflation fears boosted the US Dollar (USD).

The EUR/USD has gone into this weekend near the 1.14165 ratio as risk sentiment in the broad financial markets continued to stay sour and create a bearish stampede.

The escalating war in the middle east is pushing energies higher, stocks lower, and generating considerable fear about what happens next, especially in the Gulf nations which are being attacked by Iran.

WTI Crude Oil closed above 99.000 going into the weekend, this as anxious large players try to gauge their outlooks regarding Iranian war implications and circumstances that are effecting sentiment quickly.

Market focus on major forex pairs and indices including USD/MXN, EUR/USD, NASDAQ 100, GBP/USD, USD/CAD, USD/ZAR, and DAX with key levels to watch.