Analysis of the past day - Ester Holdings

Analysis of the past day

Trading on Wednesday is closed by the renewal of safe haven asset growth. The reason for this was the resumption in the market of negative sentiment regarding the trade war. Thus, a White House spokesman said that postponing the implementation of trade duties does not mean concessions for China. In the face of continued negative sentiment and existing trading risks, by the end of the day the demand for the US dollar and safe assets intensified.

Stock indices, following the growth of pessimism, were under the pressure by the end of the day. (Nikkei 225 + 0.98; DAX -2.20; FTSE 100 -1.60; Dow 30 -1.60)

Against the background of aggravation of trade risks, the US dollar index came out of the side channel and updated the high at 98.00, indicating the resumption of an uptrend, which will be limited by risks. Another limiting factor in the strengthening of the American dollar is a decrease in the yield of the US government bonds. Resistance levels: 98.00 and 98.20, support: 97.80 and 97.60-50.

Fig. The US dollar index chart. Current price – 97.90 (10-year US government bonds yield – blue line)

Hanzenko Anton

Аналитическая рассылка

Analytical newsletter
Subscribe to the analytical newsletter to be up-to-date with current events!

Вы с украины?