Analysis of the American session

The US session on Tuesday closed with the growth of the US dollar index against a basket of competitors. At the same time, the American dollar updated the low of the day at a surge in volatility associated with the statement of the British Prime Minister T. May. Despite the increase in volatility and renewal of lows, the American dollar continues to maintain an upward trend in maintaining risks around the trade standoff and the prevailing US positions in trade issues.

The US dollar continues to trade with a strengthening in the ascending channel, limited to trade uncertainty and range from 98.20 to 97.90.

Fig. The US dollar index chart. The current price is 98.10 (10-year government bonds  yield is the blue line)

Read lso: “Market makers – who are they
and whether they are a threat to the trader?”

Andre Green

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Earn with the help of the trade service on the news Erste News!

Topical articles of the trader’s blog:

1. The impact of the trade war on the US stock market
2. Expectations from the AUD/USD pair for May
3. Escalation of the US-China trade war and what it means for the market

Current Investment ideas:

1. Hewlett-Packard shares are ready to close the gap, and we are ready to close the profits!
2. Several reasons to buy Walmart shares. Use the chance to earn!