Analysis of the past day

On Friday, the market remained upward dynamics of the American dollar against most competitors. In particular, against commodity currencies, which were under the pressure on the growth of pessimism and lower stock indices. Negative sentiment was associated with a decrease in the possibility of weakening trade duties, for the preservation of which US President D. Trump also advocated.

Stock indices closed Friday trading lower on growth of pessimism and uncertainty (Nikkei 225 +0.26; DAX -0.40; FTSE 100 -0.50; Dow 30 -0.20)

The US dollar index updated the current month high against a basket of competitors despite a decrease in optimism on the trade agreement, but turned out to be significantly overbought, which indicates a high probability of a movement against Friday. Resistance is indicated by the marks: 98.40 and 98.60, and the support: 98.20 and 98.00.

Fig. The US dollar index chart. Current price – 98.30 (10-year US government bonds yield – blue line)

Hanzenko Anton