March 8, 2018.

The dollar traded mostly sideways as the markets contained the tariffs crisis and the resignation of White House economic canceller Gary Cohn. Most FX markets traded in narrow ranges ahead of the ECB press conference today while commodities fell sharply erasing all yesterday gains. OIL took a two percent drop on the inventories number that have showed a rise in inventories and record US crude production numbers. Most global markets traded in positive territory after the US markets reversed all yesterday futures losses to close in the green.

The ECB Press Conference at 1:30 pm is the important news on the agenda Thursday.

 

MarketGBPUSDUSDJPYEURJPYEURUSDGOLDOIL
7.3.20180.03%-0.1%-0.07%0.01%-0.7%-2.1%
USDMXNUSDCHFAUDUSDAUDJPYUSDCADSilverPlatinum
0.2%0.36%-0.24%-0.31%0.65%-1.81%-1.77%
Dollar IndexDAXFTSE100CAC40EURSXX50NIKKEI225CSI300
-0.02%1.09%0.16%0.34%0.58%0.54%1.31%
1 YEAR2.32%-2.41%4.58%-0.36%10.98%17.96%

 

                      

 Swing trades follow up  

TradeEntry pricePositionOpen profitDate triggeredStop lossRemarks today
EURUSD67700.7-1307/36686New position
EURAUD59210.7-1207/35900Stopped out
DAX122643-107/312150New position
NASDAQ69316607/36900New position
GBPUSD38200.72505/33790Stopped out
EURCAD60020.6807/36010New position
       
OPEN PROFIT  $20