The dollar traded mostly higher versus majors, reversing Thursday selloff day as the euphoria in the markets over a US China trade deal faded. Most FX markets traded in narrow ranges with no major moving news making headlines and the NFP numbers failing to impress investors despite better than expected employment news. Global equity markets traded lower into the close as US markets reversed lower and Asian markets opened the trading week in the red. Metals traded mostly sideways while Oil traded lower for the sixth day in a row to close the week at 62.8$ per barrel, 8$ down for the week, a six month low.

UK Services PMI at 10:30 am, CAD Gov Poloz speech at 1:30 pm and US ISM at 3 pm are the important news on the agenda Monday.

 

Market GBPUSD USDJPY EURJPY EURUSD GOLD OIL
2.11.18 -0.32% 0.44% -0.33% -0.12% -0.29% -1.08%
USDMXN USDCHF AUDUSD AUDJPY USDCAD Silver Platinum
-0.68% 0.15% -0.11% 0.34% 0.11% -0.15% 0.1%
Dollar Index DAX FTSE100 CAC40 EURSXX50 NIKKEI CSI300
0.2% 0.44% -0.29% 0.32% 0.32% -1.55% -0.97%
1 YEAR -14.54% -6.17% -7.54% -12.89% -2.84% -18.76%

 

 

Swing trades follow up  

Trade Entry price Position Open profit Date triggered Stop loss Remarks today
DAX 11215 4 1500 25/10 11315  
NASDAQ 6881 6 10 5/11 6950 New position
NASDAQ 6889 6 440 31/10 6962 Stopped out
OIL 67.32 6 2700 29/10 63.8  
             
OPEN PROFIT     $4210      

 

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