Analysis of the past day

On Tuesday, by the end of the day, the US dollar index updated Friday’s maximum at 96.70. The growth of the dollar was mainly traced against the euro and safe harbor assets. A rather weak statistics on the  US construction and consumer confidence has been a deterrent to strengthening the American dollat.

At the end of the day, the stock exchanges traded positively and supported commodity currencies (Nikkei 225 + 2.15; DAX + 0.60; FTSE 100 + 0.30; Dow 30 + 0.60).

The US dollar index on Tuesday continues to trade in the trading range on Friday and Monday, limited to the channel from 96.80 to 96.40. In fact, the upward trend in the American is preserved, but will be limited to overbought. Significant resistance levels: 96.80 and 97.00, support: 96.50 and 96.30.

The US dollar index chart. The current price is 96.70 (10-year government bonds yield  is the blue line)

Hanzenko Anton