The dollar traded higher yesterday versus majors on improved US China trade talks environment and weakness in the Euro following weak German flash manufacturing reading. Most FX markets traded a narrow range session, with little market moving news on the agenda and the two major topics unsolved, the trade war and the ongoing Brexit process.EU and US equity markets traded a typical Monday session, very narrow trading ranges and very little overall participation from investors. EU markets traded 1% lower on average while US markets traded mostly sideways. Metals traded sharply higher during the early session yesterday, Silver prices closed up nearly 4%, at $18.45, the strongest move in more than a 3 weeks and Gold traded higher 1% to close at $1,521 per ounce. Oil closed near the flat line after a weak opening of the trading week, trading as low as $57.4 and closing the day at $58.4 per barrel, down 5.5 dollars over the past 5 trading days.
US CB Consumer Confidence at 3:00 pm is the important news on the agenda Tuesday. (all times GMT).
.
| Global Markets 24 hours wrap-up | ||||||
|---|---|---|---|---|---|---|
| Market | GBPUSD | USDJPY | EURJPY | EURUSD | GOLD | OIL |
| 23.9.19 | -0.34% | -0.13% | -0.33% | -0.19% | 1.04% | -0.22% |
| USDMXN | USDCHF | AUDUSD | AUDJPY | USDCAD | Silver | Nat Gas |
| 0.27% | -0.08% | 0.07% | -0.06% | -0.03% | 4.66% | -0.4% |
| Dollar Index | DAX | FTSE100 | CAC40 | EURSXX50 | NIKKEI225 | CSI300 |
| 0.18% | -1.01% | -0.26% | -1.05% | -0.96% | 0.09% | 0.38% |
| 1 YEAR | -0.07% | -1.77% | 2.81% | 3.71% | -7.42% | 14.51% |
| Swing report | ||||||
|---|---|---|---|---|---|---|
| TRADE | ENTRY PRICE | POSITION | OPEN PROFIT | DATE TRIGGERED | STOP LOSS | UPDATES |
| NASDAQ | 7849 | 8 | 250 | 23/9 | 7800 | new position |
| EURGBP | 8838 | 0.8 | -60 | 23/9 | 8856 | new position |
| OIL | 58.65 | 8 | 210 | 16/9 | 59.6 | |
| GOLD | 1490 | 60 | 1,850 | 9/9 | 1510 | SL Changed |
| OPEN PROFIT | $2,350 | |||||
Nasdaq futures higher this morning on improved US China trade talks and clear support at 7800.
After 2 weeks finally Gold trades up from support, updated Stop Loss is $1,510, locking in 20 dollars of profits.
Warning: The information provided on this page (“the information”) is for instructional purposes only, for enhancing your general knowledge of the capital market in general and using trading methods and the technical analysis method in particular. We hereby clarify that the company, its management, staff, shareholders and agents do not hold investment advisor licenses and/or portfolio manager licenses by any applicable law, and do not pretend to advise any person on the worthiness of buying, selling, holding or investing in securities and other financial assets. The information should not be construed to be a recommendation or opinion, and any person who makes any decision based on the information – does so entirely at their own risk. Be aware that the information cannot serve in lieu of advice which accounts for specific information and needs of an individual, and that investing in securities and financial assets may cause loss. The company, its management, staff and agents may have a personal interest in issues related to the information, and may hold specific securities mentioned in the information, or similar securities. If you use the information, you waive any claim or demand against the company or anyone acting on its behalf.