The dollar traded higher nearing 16 month highs versus the Euro and most FX markets other than the AUD traded lower versus the dollar as red October for global equity markets is coming to a close today. Global equity markets seem to recover from what has been a dismal month for investors as October shaved an average 10% of global equity markets valuations. US markets closed yesterday higher giving hope for a reversal in Asian and EU markets this morning led by the technology sector. Metals traded mostly lower on a stronger dollar while Oil closed lower at 66.29$ per barrel, awaiting the most important inventories numbers today in the afternoon.

CAD GDP at 1:30 pm and Oil Inventories at 3:30 pm are the important news on the agenda Wednesday.

 

Market GBPUSD USDJPY EURJPY EURUSD GOLD OIL
30.10.18 -0.64% 0.51% 0.26% -0.24% -0.2% -1.25%
USDMXN USDCHF AUDUSD AUDJPY USDCAD Silver Platinum
-0.11% 0.32% 0.71% 1.26% -0.11% 0.3% -0.21%
Dollar Index DAX FTSE100 CAC40 EURSXX50 NIKKEI CSI300
0.42% -0.42% 0.14% -0.22% -0.25% 2.16% 1.08%
1 YEAR -14.68% -6.04% -9.54% -14.34% -0.41% -21.54%

 

 

Swing trades follow up  

Trade Entry price Position Open profit Date triggered Stop loss Remarks today
DAX 11215 4 1030 25/10 11215 SL changed
EURJPY 128.33 0.7 20 30/10 128 New position
NASDAQ 6785 6 -500 30/10 6700 Stopped out
OIL 67.32 6 400 29/10 67.5 SL changed
         
OPEN PROFIT     $1450