Analysis of the past day - Ester Holdings

Analysis of the past day

On Thursday, trading on the foreign exchange market took place in different directions, which was caused by a number of fundamental factors. Thus, safe assets were supported against the backdrop of expectations of the US and China trade negotiations. The reasons for it were possible risks that, in the first place, increased the pressure on the stock exchanges.

Against the background of another vote on the Brexit deal in the British Parliament, the British pound was under pressure. That returned the British pound to sales after a series of weak statistics for the UK.

Stock exchanges close the day in different directions with a predominant decrease in the correction of positions and possible risks before negotiating trade agreements (Nikkei 225-0.01; DAX-0.50; FTSE 100 +0.30; Dow 30 -0.50) .

The US dollar index closes the day at the opening of the day level with the minimum at 97.00.  A weak retail sales data in the United States had a pressure on the American dollar. At the same time, the growth of pessimism and upward dynamics indicate that the dollar continued to grow. Support levels: 97.00 and 96.80, resistance: 97.30-20 and 97.50.

The US dollar index chart. The current price is 97.10 (10-year government bonds yield is the blue line)

Hanzenko Anton

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