Analysis of the past day

On Friday, the US dollar closes the day and week with growth, receiving support in the general flight from risks and position correction before the weekend. In the conditions of maintaining a high level of risk around the trade war and the elections to the European Parliament, the safe haven was made by the US dollar.

Stock indices also acted as a driver of negative sentiment on the general flight from risks. (Nikkei 225 +0.89; DAX -0.70; FTSE 100 -0.20; Dow 30 -0.10).

The US dollar index closes the day with significant growth, coming close to psychology 98.00 and confirming the American dollar was significantly overbought, pointing to the possibility of forming a movement against Friday. Resistance levels: 98.00 and 98.10, support: 97.80 and 97.70.

Fig. The US dollar index chart. The current price is 97.90 (10-year government bonds yield is the blue line)

Hanzenko Anton