The dollar traded higher versus majors following the ECB press conference after ECB President Draghi warned of potential risks to the EU economy and left no clues as to future rate increases for the Euro. The dollar gained across the board other than the sterling that is now trading at three month highs versus the Euro on expectations for a new Brexit deal set in motion by UK Prime Minister Teresa May. US markets and EU markets traded a sideways lackluster session despite better than expected US earnings while Metals traded lower on a stronger dollar and OIL and NAT Gas traded higher on US proposed sanctions against Venezuela to close at 53.18$ per barrel.
There is no important news on the agenda Friday.
Market | GBPUSD | USDJPY | EURJPY | EURUSD | GOLD | OIL |
23.1.19 | -0.06% | -0.02% | -0.65% | -0.63% | -0.34% | 1.05% |
USDMXN | USDCHF | AUDUSD | AUDJPY | USDCAD | SILVER | NAT GAS |
-0.06% | 0.2% | -0.71% | -0.73% | 0.13% | -0.46% | 5.72% |
Dollar Index | DAX | FTSE100 | CAC40 | EURSXX50 | NIKKEI | CSI300 |
0.42% | 0.53% | -0.35% | 0.65% | 0.46% | 0.97% | 0.8% |
1 YEAR | -16.3% | -10.46% | -11.12% | -13.88% | -12.23% | -27.06% |
Swing trades follow up
Trade | Entry price | Position | Open profit | Date triggered | Stop loss | Remarks today |
GOLD | 1280 | 50 | 180 | 21/1 | 1276 | |
NASDAQ | 6671 | 4 | 240 | 24/1 | 6600 | |
EURGBP | 8637 | 0.8 | 60 | 25/1 | 8610 | New position |
OPEN PROFIT | $480 |