October 23, 2018. The dollar traded higher versus majors as investor appetite for risk turns sour after what looked to be a positive start of the week. Monday morning Asian markets rally quickly faded as EU and US equity markets turned red after a positive start of the week sending investors into the dollar and CHF. Disappointing earnings and the instable global environment seem to be too much for investors to cope with at this time. FX markets traded in narrow ranges and the only mover in the majors was the sterling, taking a turn south on fresh UK political instability and more Brexit worries. Metals traded lower on a stronger dollar while Oil traded mostly sideways supported by the Saudi Arabia journalist crisis and closing near the 69.5$ per barrel level.

UK BOE Gov Carney speech at 4:20 pm is the important news on the agenda Tuesday.

 

Market GBPUSD USDJPY EURJPY EURUSD GOLD OIL
22.10.18 -0.77% 0.23% -0.09% -0.38% -0.27% 0.19%
USDMXN USDCHF AUDUSD AUDJPY USDCAD Silver Platinum
0.74% -0.05% -0.52% -0.15% -0.02% -0.41% -1.12%
Dollar Index DAX FTSE100 CAC40 EURSXX50 NIKKEI225 CSI300
0.31% -0.26% -0.1% -0.62% -0.65% -2.67% -2.79%
1 YEAR -11.29% -6.4% -6.19% -11.6% 1.95% -18.17%

 

Swing trades follow up  

Trade Entry price Position Open profit Date triggered Stop loss Remarks today
OIL 71.94 6 1700 15/10 69.9 SL changed
USDMXN 18.78 0.7 2300 16/10 19.33 SL changed
             
OPEN PROFIT     $4000      

 

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