February 16, 2018.

 

The dollar index traded lower for the fourth day in a row, supporting the rally in the US markets and fueling the reversal in the global markets this week. The greenback close above the 1.25 level versus the Euro now at four year lows. The PPI number supported the weak dollar and investors now see that weakness in the dollar is key to the sustainability of the rally I the US markets. Most commodities traded sideways after yesterday rally while OIL closed above 61$ per barrel on further OPEC production cuts expectations.

UK Retail sales at 9:30 is the important news on the agenda Friday. 

 

Market GBPUSD USDJPY EURJPY EURUSD GOLD OIL
15.2.2018 0.64% -0.61% -0.22% 0.39% -0.15% 0.8%
USDMXN USDCHF AUDUSD AUDJPY USDCAD Silver Platinum
-0.38% -0.64% 0.09% -0.52% 0.05% -0.52% 0.37%
Dollar Index DAX FTSE100 CAC40 EURSXX50 NIKKEI225 CSI300
-0.55%  0.06% 0.29% 1.11% 0.59% 1.19%
1 YEAR 5.01% -0.59% 6.59% 2.37% 12.26% 15.93%

 

Swing trades follow up  

Trade Entry price Position Open profit Date triggered Stop loss Remarks today
DAX 12360 3 120 15/2 12310 New position
NASDAQ 6334 5 2500 9/2 6665 SL changed
             
USDCHF 9380 0.7 1180 9/2 9271 SL changed
             
OPEN PROFIT     $3800      

 

 

 

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