Analysis of the past day

At the close of the week on Friday, the main currency pairs showed multidirectional dynamics, which was caused by an ambiguous jobs report in the United States and the same multidirectional dynamics of stock indices. As a result, safe haven currencies received support, the demand for which was reinforced by the correction of positions before the weekend.

Stock indices were traded in different directions throughout the day, despite the general positive attitude. Risks on stock exchanges persist due to the uncertainty in trade relations between the United States and China (Nikkei 225 + 0.07 DAX -0.05; FTSE 100 -0.60; Dow 30 +0.40).

The US dollar closes Friday’s trading at the opening of the day level, but a week it closes in the red, indicating the potential for a decline in the dollar in a downtrend. Support levels are: 95.30-20, resistances: 95.70-80.

The US dollar index chart. The current price is 95.50 (10-year government bonds yield is the blue line)

Hanzenko Anton