Analysis of the American Trading Session

Trading on the American session on Friday closed with the rapid growth of the American dollar on technical factors and the growth of risks on the stock markets. As a result, the major stock indices slowed down the upward dynamics significantly, and investors switched to safe assets.

Friday’s strengthening of the dollar triggered a weekly downward trend for an American dollar after breaking through resistance 95.50, indicating the possibility of forming a corrective uptrend, which is limited by resistance levels: 95.70 and 96.00.

The US dollar index chart. The current price is 95.60 (10-year government bonds yield is the blue line)

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Andre Green

Earn with the help of the trade service on the news Erste News!

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