Analysis of the past day

On Tuesday, May 8, the US dollar continued to grow across the entire spectrum of the market on an increase in the profitability of the US government bonds against the backdrop of investors’ flight from risks and positive data on open vacancies in the US.

World stock markets, on the contrary, remained under pressure throughout the day due to persisting risks and correction after growth (Nikkei 225 +0.20, DAX-0.60, FTSE 100 +0.10, Dow 30 -0.10). Oil on Tuesday was trading low near the level of the opening of the day, waiting for comments on Iran’s nuclear program.

Following Tuesday, the US dollar index updated the annual maximum and confirmed the uptrend. Resistance levels: 93.50 and 93.80, support: 93.00 and 92.80.

Graph of the US dollar index. The current price is 92.80 (the profitability of 10-year government bonds is a blue line)

Hanzenko Anton