According to technical analysis, the dollar index rebounded from a strong support level and began to move upward. The growing movement can be interpreted as an impulse movement, since it has a clear five-wave structure. Now the quotes are in a corrective movement towards this impulse and may drop to 103.00. However, if labor market data turns out to be stronger than in the previous month, we can expect that a new impulse will form, which will tend to the 104.50 mark.

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S&P500 rose in price to 4580 points during this time. However, confident growth against the backdrop of good reporting has led to the fact that the index is already in the overbought zone, and on lower timeframes, one can notice divergence with the AO indicator. In addition, S&P500 quotes are near a strong resistance level, which means that a correction in the index is possible soon and the price could reach the level of 4400.

With improvement in US macroeconomic indicators, demand for the dollar is likely to continue to decline. Dollar sales by asset managers have intensified and could be headed for the biggest dollar outflow since November last year, according to State Street Bank, which manages $40 trillion in assets. The dollar index is slowly moving towards the level of 103.00, and if the news background for the US is better than expected, it may drop to 102.50.

According to a technical analysis, the short-term trend for the euro remains growing. The EURUSD pair has already reached the 61.8% Fibonacci retracement level and the channel line. But a clear reversal configuration has not yet been formed, so EURUSD quotes may continue to grow and approach the level of 1.10. If the budget crisis in Germany continues, then a reversal can be expected at these levels.

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The official currency of the Binance exchange, BNB, also fell sharply. According to a chart, such a movement is not very surprising; the coin came close to the trend line and bounced off it. Today, BNB quotes are already rising as the agreement turned out to be softer than many expected. However, it is possible that the price of BNB could drop to $200 as the coin is currently trading in a falling wedge. But since the main dispute with Binance can already be considered resolved, a further decline is unlikely, and we can expect the value of BNB to return to $250.