The dollar traded mostly sideways opening September on a flat note on US markets Labor day Holiday. The sterling was the only mover in the FX markets yesterday, taking a 0.7% hit versus majors after the Brexit EU Chief negotiator said he is against the British government Brexit proposals on exit terms.  EU and Asian markets opened the trading week on a negative note, trading lower yet in very narrow trading ranges on global trade worries while OIL and metals traded mostly sideways with no major moves on the day.

UK Inflation report at 1:15 pm and US ISM Manufacturing at 3:00 pm are the important news on the agenda Monday.

 

Market GBPUSD USDJPY EURJPY EURUSD GOLD OIL
3.9.18 -0.68% -0.1% 0.18% 0.19% -0.02% 0.2%
USDMXN USDCHF AUDUSD AUDJPY USDCAD Silver Platinum
0.35% -0.02% 0.31%  0.28% 0.25% -0.05% 0.18%
Dollar Index DAX FTSE100 CAC40 EURSXX50 NIKKEI225 CSI300
0.05% -0.14% 0.97%  0.13% 0.06% -0.2% -0.27%
1 YEAR 2.02%  1.26% 6.07% -1.02% 16.23% -13.75%

 

Swing trades follow up  

Trade Entry price Position Open profit Date triggered Stop loss Remarks today
USDMXN 0192 0.4 360 30/8 9300  
USDCAD 3035 0.7 310 31/8 3000  
GBPUSD 2917 0.7 310 3/9 2940 New position
OIL 70.14 5 -10 4/9 70.5 New position
             
OPEN PROFIT     $960      

 

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