Analysis of the American Trading Session

The American trading session was closed by a noticeable strengthening of the US dollar across the entire spectrum of the market on the growth of the profitability of the US state bonds and restrainedly positive trades on Wall Street. As a result, investors can see a return to the American market, which is caused by a correction after the reduction and avoidance of risks on the expectation of data on the euro area and general geopolitical risks in the world.

As a result, the US dollar index broke the downtrend, which was traced from the middle of last week and formed a certain bottom at the level of 92.30, which eventually opens the way for the American to new levels of resistance at 92.80 and 93.00.

Hanzenko Anton