Analysis of the past day

On Wednesday, as a result of trading, the US dollar updated the decline against a basket of competitors. The US dollar index updated a low at 96.80. This was due to the publication of extremely weak data on changes in the number of people employed in the US non-farm sector from ADP. This actually strengthened doubts about the Friday jobs report in the US and increased the likelihood of lowering the Fed rates.

Stock indices during the day were traded in different directions around the opening of the day, actually adjusting to the preservation of trading risks. (Nikkei 225 +1,80; DAX -0,20; FTSE 100 +0,00; Dow 30 +0,40)

The US dollar index maintained a downward trend on the minimum update. After it corrected, returning to the level of the opening of the day. The weekly downward trend in the American economy remains, although it is limited to the overall oversoldness of the American dollar. Support levels: 96.80 and 96.60, resistances: 97.10 and 97.30.

Fig. The US dollar index chart. The current price is 97.00 (10-year US government bonds yield is the blue line)

Hanzenko Anton