The dollar traded mostly sideways after the Christmas vacation as most investors are vacationing and FX markets are trading very light volumes. Most EU FX markets are closed and so is the Canadian market. With no new on the agenda it is expected that markets will continue trading in low volume tight range pending fresh US news. Global equity markets will attempt a rebound from 18 month lows as bottom fishing trader are expected to take advantage of the low volumes in most global markets that are trading today. Oil closed Monday at 42.4$ per barrel, a fresh low for 2018, prices seen last in June 2017, down near 45% from year highs!!

Most Global markets are closed for the Christmas Holiday or will trade very light volumes.

 

MarketGBPUSDUSDJPYEURJPYEURUSDGOLDOIL
26.12.180.16%0.17%0.53%0.4%0.38%0.4%
USDMXNUSDCHFAUDUSDAUDJPYUSDCADSilverNAT GAS
0.15%0.2%0.16%0.32% 0.11%0.64%2.38%
Dollar IndexDAXFTSE100CAC40EURSXX50NIKKEI CSI300
 0.04%–%–%–%–%0.9%-0.51%
1 YEAR-18.66%-11.94%-13.76%-16.31%-15.58%-25.94%

 

 

Swing trades follow up 

TradeEntry pricePositionOpen profitDate triggeredStop lossRemarks today
USDCAD35120.744021/123560SL changed
NASDAQ61058-39524/126058Stopped out
NASDAQ5855826026/125830New position
       
OPEN PROFIT  $700