The dollar traded mostly sideways opening the trading week on a flat note ahead of the US midterm elections due today. Most FX markets traded in very narrow ranges, expecting the outcome of the US election results and the implications on the Trump presidency and the US dollar. Global equity markets traded mostly higher yet in a narrow range trading day, led higher by financial stocks. Metals markets and Oil had very little to show for, as investors are sitting on the sidelines and both markets trading mostly sideways.

US Midterm Elections, all day, are the important news on the agenda Tuesday.

 

MarketGBPUSDUSDJPYEURJPYEURUSDGOLDOIL
5.11.180.44%0.12% 0.35%0.18%0.02%-0.49%
USDMXNUSDCHFAUDUSDAUDJPYUSDCADSilverPlatinum
-0.4%0.17%0.18%0.38%0.14%0.02%0.1%
Dollar IndexDAXFTSE100CAC40EURSXX50NIKKEI CSI300
-0.24%-0.21%0.14%-0.01%0.09%1.14%-0.6%
1 YEAR-14.65%-6.06%-7.37%-12.63%-1.78%-19.34%

 

 

Swing trades follow up 

TradeEntry pricePositionOpen profitDate triggeredStop lossRemarks today
DAX112154144025/1011315 
NASDAQ68816-1905/116950Stopped out
OIL67.326210029/1063.8Stopped out
       
OPEN PROFIT  $1440