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.

 

Market GBPUSD USDJPY EURJPY EURUSD GOLD OIL
5.3.2018 0.28% 0.01% 0.56% 0.56% 1.18% -0.1%
USDMXN USDCHF AUDUSD AUDJPY USDCAD Silver Platinum
-0.3% 0.07% 0.7% 0.69% -0.55% 2.21% 0.81%
Dollar Index DAX FTSE100 CAC40 EURSXX50 NIKKEI225 CSI300
-0.5% 0.19% 0.43% 0.06% 0.08% -0.77% -0.71%
1 YEAR 1.23% -2.62% 4.34% -0.81% 9.87% 16.82%

 

                

Swing trades follow up 

Trade Entry price Position Open profit Date triggered Stop loss Remarks today
NASDAQ 6770 5 280 2/3 6686 Stopped out
EURAUD 5921 0.7 -30 7/3 5900 New position
USDCAD 2782 0.7 885 28/2 2782 Stopped out
EURJPY 130.27 0.7 580 2/3 130 Stopped out
GBPUSD 3820 0.7 570 5/3 3790 SL changed
AUDUSD 7774 0.7 -24 5/3 7747 Stopped out
             
OPEN PROFIT     $540