Daily Report January 9, 2018

DAILY FX, COMMODITIES & GLOBAL ETF’S REPORT

 

The dollar index traded higher from two month lows reversing the trend versus most majors however the markets had little reaction to the dollar move. Metals closed lower and gold had a losing day yet it still sits in a bull flag formation after the December rally. Strength in the sterling was the reason behind the FTSE being the only global market to close lower while weakness in the euro helped the DAX rally intact.

There is no important news on the agenda Tuesday.

 

MarketGBPUSDUSDJPYEURJPYEURUSDGOLDOIL
8.1.2018-0.04%-0.05%-0.56%-0.53%-0.2%0.5%
USDMXNUSDCHFAUDUSDAUDJPYUSDCADSilverPlatinum
0.24%0.25%-0.3%-0.13%0.05%-0.95%0.11%
Dollar IndexDAXFTSE100CAC40EURSXX50NIKKEI225CSI300
0.4%0.36%-0.36%0.3%0.24%0.88%0.51%
1 YEAR15.25%6.75%11.76%8.9%21.9%23.67%

                                                                              

                                                                                          

                         Swing trades follow up –

TradeEntry pricePositionOpen profitDate triggeredStop lossRemarks today
DAX13002313003/113225SL changed
CADJPY90.780.8-408/190.5New position
EURUSD20410.6-1904/12010Stopped out
GBPUSD35390.62204/13540SL changed
AUDJPY88.030.82803/188.4  Stopped out
EURGBP88670.6-2252/18840Stopped out
       
OPEN PROFIT  $1480