Analysis of the past day

On Tuesday, March 27, the US dollar managed to recover significantly against its main competitors on correction and positive dynamics of stock indices. But, despite the update of the weekly high with the US dollar index, the American slowed growth on weak data on consumer confidence in the US.

World stock indices also slowed growth after positive trades at the beginning of the day (Nikkei 225 +2.40, DAX +1.40, FTSE 100 +1.40, Dow 30 +0.40).

The dollar index, despite a noticeable correction and exit from a downtrend, is limited by resistance levels: 89.40 and 89.60, which may eventually indicate a resumption of a decline and a second test of support levels: 89.20 and 89.00.

Graph of the US dollar index. The current price is 89.40.

Hanzenko Anton