Published: 2026-07-21T07:54:44.000Z
Psychology for major markets July 19
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Iran says any decision to reopen the Strait of Hormuz depends on security considerations
EUR/USD – EUR/USD caught in the middle of major support/resistance area. With market headlines calming, very likely the next leg will only be after fundamental changes.
USD/JPY – USD/JPY is close to unchanged after refreshing the weekly high. No much impetus from either side.
AUD/USD – The Aussie is fast approaching 0.7030 resistance area on market optimism.
Equities & Others – Broader risk improves on deal revival optimism. Though we are cautious about the credibility of any "deal" as the previous one did not last long.