Analysis of the American Trading Session

Trades on the US trading session closed at the opening level of the day on the US dollar index, thus indicating a slowdown in the downward dynamics for the American. At the same time, the dynamics of most major currency pairs is similar. As a result, the American slowed down the correction movement to decline and is preparing to resume growth.

Stock indices closed below zero on the correction of the cost of oil, which was caused by a much smaller volume of reduction in US oil reserves than expected. As a result, in the market was already traced pessimistic sentiments before the announcement made by the US President Trump.

Fig. the US dollar index. The current price is 93.60 (the yield of 10-year government bonds is a blue line)

Also, read “X-ray Elder – Strategy of a Successful Trader”

Andre Green