EU markets closed lower after yesterday strong opening of the week. Most leading bourses and major sectors other than banking closed in the red on profit taking and geopolitical concerns while the US markets stayed closed for the 4th of July Holiday. The EUSXX600 index closed lower 0.3%. UK services PMI in the morning and FOMC meeting minutes are the important news on the agenda Wednesday.
Earnings on the agenda Wednesday morning:
Forex & Commodities markets
The dollar closed higher vs most majors and the big loser on the day was the AUD, losing ground vs all majors. Most pairs traded on low volume and tight ranges as the US markets were closed for the 4th of July holiday. UK services PMI in the morning and FOMC meeting minutes are the important news on the agenda Wednesday.
Swing trades follow up –
|Trade||Entry price||Position||Open profit||Date triggered||Stop loss||Remarks today|