Daily Report December 27, 2017

European Markets:    

European markets were closed for the Christmas holiday and the FTSE was the only major market that traded yesterday. NEXT was the big mover trading 4% higher on better than expected holiday sales and busting the retail sector while all other sectors traded sideways in a narrow range low volume trading day.

MarketsDAXCAC40FTSEEUSXX50
26.12.2017–%–%-0.15%–%
1 Month 0.1%-0.48%2.47%-0.78%
1 Year14.17%10.85%7.42%8.53%
     

  

                                                                                                 MARKET MOVERS  

NEXT.uk3.71%Ashtead.uk-1.67%
ReckittBen.uk  1.68%GSK.uk         -1.59%
EasyJet.uk 1.28% –%

 

                                                                                

                                                                                                

Forex & Commodities markets:  

The dollar index traded lower in a low volume trading day and most FX pairs traded in narrow ranges on a no news agenda. OIL traded sharply higher on supply concerns following a Libyan crude pipeline explosion trading above 60$ per barrel for the first time in two years while Gold traded more than a percent higher and above 1280$ per ounce on a weaker dollar and positive Asian sentiment.

US Consumer Confidence at 3 pm is the important news on the agenda Wednesday.

MarketGBPUSDUSDJPYEURJPYEURUSDGOLDOIL
26.12.20170.1%-0.1%-0.15% -0.06%1.05%1.9%
 Dollar IndexUSDCHFAUDUSDAUDJPYUSDCADSilverPlatinum
-0.13%0.06%0.16%0.07%-0.26%1.1%0.2%

 

Swing trades follow up –

TradeEntry pricePositionOpen profitDate triggeredStop lossRemarks today
       
       
AUDJPY86.550.772019/1286.38 
Silver16.13100042018/1215.97 
GOLD125740108014/121248 
       
DAX130673-5021/1213000 
USDSEK40030.744019/124400 
OPEN PROFIT  $2550