Analysis of the past day

On Monday, May 14, the American continued to decline against the basket of major currencies, thereby maintaining a downtrend. As a result, the index returned to the level of the opening of May and is limited to the level of 92.20-30

Stock indices throughout the day were trading in a mixed way, showing the sentiments change from session to session (Nikkei 225 +0,47; DAX -0,20; FTSE 100 -0,20; Dow 30, 0.40). Oil also during the day was trading in different directions. At the beginning of the day remained under pressure from data on the growth of drilling activity in the US, but after resuming growth on OPEC expectations for increased oil consumption.

The dollar index, in turn, demonstrated slowing of the downtrend and found the support at 92.20-30, which was caused by the return of optimism to the market. Therefore, by the end of the day, a correction for the American with a resistance test of 92.50-60 is possible.

Graph of the US dollar index. The current price is 92.40 (the profitability of 10-year government bonds is a blue line)

Hanzenko Anton