Analysis of the past day

At the close of the week, the main world currencies rushed to strengthen against the US currency, which was caused by the weakness of the American dollar. The pressure on the dollar had an increase in optimism and stock markets. In addition, it is worth noting the technical correction of positions on the American dollar at the end of the week and rumors that the United States and China are ready to make a deal.

Stock indices at the end of the week are closing in a noticeable plus on the growth of optimistic moods and a decrease in the US – China trade tensions (Nikkei 225 +0.97 DAX +1.40; FTSE 100 +0.00; Dow 30 +1.10).

The US dollar index closes Friday and weekly trading with a decline in the general sale, indicating the breaking of the upward dynamic in the American dollar, while at the same time finding itself in significant oversold. At the opening of the new trading week it will form a move against Friday. Resistance levels are located at the levels: 96.20-30 and 96.50, support: 95.80 and 95.50.

The US dollar index chart. The current price is 95.90 (10-year government bonds yield is the blue line)

Hanzenko Anton