March 7, 2018.

The dollar traded sharply lower yesterday in relief as the proposed tariffs issues and global tension took a step back. Investors moved into the Euro and out of the Yen expecting more continuation from US markets however overnight the Trump administration suffered another blow with the resign of Whitehouse chief economic advisor Gary Cohn. The Futures reacted with another move lower sending Asian markets lower and the Yen higher into another nerve raking day for global investors.

US ADP Non Farm Employment change at 1:15 pm and BOC rate statement at 3:00 pm are the important news on the agenda Wednesday.

 

MarketGBPUSDUSDJPYEURJPYEURUSDGOLDOIL
5.3.20180.28%0.01%0.56%0.56%1.18%-0.1%
USDMXNUSDCHFAUDUSDAUDJPYUSDCADSilverPlatinum
-0.3%0.07%0.7%0.69%-0.55%2.21%0.81%
Dollar IndexDAXFTSE100CAC40EURSXX50NIKKEI225CSI300
-0.5%0.19%0.43%0.06%0.08%-0.77%-0.71%
1 YEAR1.23%-2.62%4.34%-0.81%9.87%16.82%

 

                

Swing trades follow up 

TradeEntry pricePositionOpen profitDate triggeredStop lossRemarks today
NASDAQ677052802/36686Stopped out
EURAUD59210.7-307/35900New position
USDCAD27820.788528/22782Stopped out
EURJPY130.270.75802/3130Stopped out
GBPUSD38200.75705/33790SL changed
AUDUSD77740.7-245/37747Stopped out
       
OPEN PROFIT  $540