March 1, 2018.

The dollar index traded higher for the second day in a row following Fed Chair Powell testimony, sending global markets lower, to close February on a negative tone after another selloff day in the US markets and weakness in commodities and Oil. Oil inventories showed an increase in US stockpiles sending crude sharply lower, to close below 62$ per barrel. Weakness in the Euro helped EU markets trade lower in very narrow ranges while the Nikkei was sharply lower on a stronger Yen. More to come today as Fed Chair Powell will continue is Senate testimony in the afternoon.

UK manufacturing PMI at 9:30 am, US ISM Manufacturing and FED Chair Powell testimony at the Congress at 3:30 pm are the important news on the agenda Thursday.

 

Market GBPUSD USDJPY EURJPY EURUSD GOLD OIL
28.2.2018 -1.05% -0.6% -0.88% -0.31% -0.1% -2.4%
USDMXN USDCHF AUDUSD AUDJPY USDCAD Silver Platinum
-0.03% 0.6% -0.35%  -0.9% 0.44% -0.09%  0.13%
Dollar Index DAX FTSE100 CAC40 EURSXX50 NIKKEI225 CSI300
0.4% -0.44% -0.69% -0.44% -0.55% -1.6% 0.8%
1 YEAR 3.06% -2.05% 7.25% 1.44% 11.98% 17.27%

                                                                                                  

                        

Swing trades follow up 

Trade Entry price Position Open profit Date triggered Stop loss Remarks today
DAX 12560 3 -320 23/2 12400 Stopped out
EURUSD 2224 0.7 210 28/2 2224 New position
USDCAD 2782 0.7 310 28/2 2782 New position
NZDUSD 7277 0.7 530 27/2 7232 SL changed
GOLD 1318 30 110 28/2 1323 New position
             
OPEN PROFIT     $1140