Analysis of the past day

On Friday, May 11, the US currency continued to weaken across the entire spectrum of the market, remaining under pressure of weak data on inflation in the US and a decline in optimism. As a result, the American approached the second significant support 92.40

Stock indices continued to restrainedly strengthened, receiving support from the decline of profitability of the US state bonds, but limited to ambiguous oil dynamics (Nikkei 225 +1.23, DAX-.20, FTSE 100 +0.30, Dow 30 +0.30).

By the end of the day, correction is expected to be caused by the upcoming weekend, but the index is likely to remain near the level of 92.60. From the new week, one should expect the formation of a reversal from the support level of 92.40.

Graph of the US dollar index. The current price is 92.680 (the profitability of 10-year government bonds is a blue line)

Hanzenko Anton