April 25, 2018.

The dollar index traded lower reversing after four days of gains as investors look for places other than the greenback for their FX market short term strategies. Despite the weakness in the US equity markets yesterday the safe heavens reversed only slightly, Gold, Silver and the JPY all moved higher yet the moves were capped and showed no high volume or specific interest. Oil reversed lower ahead of the most important inventories number today to close below 68$ per barrel after trading as high as 69.5$ yesterday.

US OIL Inventories at 3:30 pm is the important news on the agenda Wednesday.

 

Market GBPUSD USDJPY EURJPY EURUSD GOLD OIL
24.4.2018 0.24% -0.06%  0.18% 0.25% 0.74% -1.24%
USDMXN USDCHF AUDUSD AUDJPY USDCAD Silver Platinum
-0.45% 0.02% -0.05% -0.12% -0.25% 0.65% 1.3%
Dollar Index DAX FTSE100 CAC40 EURSXX50 NIKKEI225 CSI300
-0.25% -0.17% 0.36% 0.1% -0.06% -0.36% -0.39%
1 YEAR 0.67% 2.06% 3.15% -2.02% 16.34% 11.38%

                          

                        

Swing trades follow up –

Trade Entry price Position Open profit Date triggered Stop loss Remarks today
GBPUSD 4074 0.7 766 19/4 3964 Stopped out
USDCHF 9722 0.7 323 19/4 9767 Stopped out
USDCAD 2677 0.7 761 20/4 2816 Stopped out
Silver 16.97 1000 260 23/4 170.01  
             
OPEN PROFIT     $260