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.

 

Market GBPUSD USDJPY EURJPY EURUSD GOLD OIL
7.3.2018 0.03% -0.1% -0.07% 0.01% -0.7% -2.1%
USDMXN USDCHF AUDUSD AUDJPY USDCAD Silver Platinum
0.2% 0.36% -0.24% -0.31% 0.65% -1.81% -1.77%
Dollar Index DAX FTSE100 CAC40 EURSXX50 NIKKEI225 CSI300
-0.02% 1.09% 0.16% 0.34% 0.58% 0.54% 1.31%
1 YEAR 2.32% -2.41% 4.58% -0.36% 10.98% 17.96%

 

                      

 Swing trades follow up  

Trade Entry price Position Open profit Date triggered Stop loss Remarks today
EURUSD 6770 0.7 -130 7/3 6686 New position
EURAUD 5921 0.7 -120 7/3 5900 Stopped out
DAX 12264 3 -10 7/3 12150 New position
NASDAQ 6931 6 60 7/3 6900 New position
GBPUSD 3820 0.7 250 5/3 3790 Stopped out
EURCAD 6002 0.6 80 7/3 6010 New position
             
OPEN PROFIT     $20      

 

Contact Information

Tradenet Capital Markets Ltd.

Phone+1-516-210-4148
+44-20-36420372
Mail[email protected] Websitewww.tradenet.com

Tradenet is a day trading training school. We offer courses including lessons about stock trading, CFDs, options, futures and foreign exchange.
At Tradenet, we specialize in providing day trading courses with inexperienced beginners and experienced traders.
We offer three learning options: self-taught interactive online courses, , live online group courses and 1:1 teachings.
Some of our services have several language options, including Spanish, German, French, Russian, Hungarian, Italian, Arabic, etc.