Analysis of the past day

On Friday, July 13, the US currency continued to rise against its main competitors, as a result of which, in the first half of the day, the dollar index renewed its high at 95.20. After that, a correction was made at the technical closing of the positions before the weekend.

Stock exchanges throughout the day continued to trade with strengthening, despite the preservation of risks because of the US trade war (Nikkei 225 +1,90; DAX +0,40; FTSE 100 +0,30; Dow 30 +0,30).

After the next update of the highs, the US dollar index at the end of the week shows a decrease, which, in addition to technical correction, is caused by growing fears. As a result, it may indicate a more significant decline, which will be limited to support levels: 94.80 and 94.60.

The US dollar index chart. The current price is 94.80 (10-year government bonds yield is a blue line)

Hanzenko Anton