Analysis of the past day

On Friday, trading in the US dollar closed with significant growth across the market. The reason for the strengthening of the US dollar was very optimistic statistics for the United States. But the main driver for the growth of the dollar was the growth of pessimism on the stock exchanges associated with weak data for China and the sale of European currencies on weak statistics for the Eurozone.

Stock exchanges traded down during the day, which was caused by long-term growth and negative data for China (Nikkei 225-2.09; DAX -0.50; FTSE 100 -0.40; Dow 30 -1.20).

The US dollar index closes Friday and weekly trading with the strengthening and updating of the high at 97.70, indicating the uptrend is safe, limited to overbought and the possibility of correction, which is likely to increase at the opening of the new week. Significant support is located at the levels: 97.50 and 97.30-20, resistance: 97.70 and 97.90

The US dollar index chart. The current price is 97.60 (10-year government bonds yield is the blue line)

Hanzenko Anton