Despite better University of Michigan, stocks move to new session lows and yields go up ...Middle East

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For the NASDAQ index, it is moving closer to its rising 100 hour moving average and 19349.45. The low price just reached 19425.68. The current price is down -231.2 or -1.18% at 19431.

The USD moved higher in the normal Pavlovian reaction to geopolitical risks, but has moved lower more recently in the US session.

The USDJPY is off its high at 144.48 and looks to test its 200 hour moving average at 144.048.

This article was written by Greg Michalowski at www.forexlive.com.

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