Analysis of the American Trading Session
In the first days of 2019, the main stock markets remain closed, the opening is expected from Wednesday, which will partially return activity to the markets. The main activity remains in the foreign exchange market, which is associated with the closure of stock exchanges and uncertainty about stock indices, which remain under pressure from risks and uncertainties.
The US dollar index continues to trade quite volatilely at low liquidity, maintaining multidirectional dynamics, moving to a recovery against a decline at the start of the day, but limited to daily highs at the levels of 96.20 and 96.40-50, which may indicate lateral triangle formation.
The US dollar index chart. The current price is 96.20 (10-year government bonds yield is the blue line)
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Andre Green
Earn with the help of the trade service on the news Erste News!
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