Analysis of the past day

On Tuesday, August 7, the US dollar weakened across the market spectrum, which was caused by the correction. At the same time, the US dollar index remained above the psychology of 95.00, which indicates the preservation of the uptrend.

Stock exchanges throughout the day were traded in the green zone, thereby putting pressure on the American dollar (Nikkei 225 +0.69, DAX + 0.60, FTSE 100 +1.00, Dow 30 + 0.60). But it is worth noting that the tension persists around the trade confrontation.

At the end of the day, the US dollar index renewed the low of Friday, indicating a slowing of the uptrend and the possibility of a reversal with the break through support at 95.00.

The US dollar index chart. The current price is 95.20 (10-year government bonds yield is a blue line)

Hanzenko Anton