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.

 

MarketGBPUSDUSDJPYEURJPYEURUSDGOLDOIL
24.4.20180.24%-0.06% 0.18%0.25%0.74%-1.24%
USDMXNUSDCHFAUDUSDAUDJPYUSDCADSilverPlatinum
-0.45%0.02%-0.05%-0.12%-0.25%0.65%1.3%
Dollar IndexDAXFTSE100CAC40EURSXX50NIKKEI225CSI300
-0.25%-0.17%0.36%0.1%-0.06%-0.36%-0.39%
1 YEAR0.67%2.06%3.15%-2.02%16.34%11.38%

                          

                        

Swing trades follow up –

TradeEntry pricePositionOpen profitDate triggeredStop lossRemarks today
GBPUSD40740.776619/43964Stopped out
USDCHF97220.732319/49767Stopped out
USDCAD26770.776120/42816Stopped out
Silver16.97100026023/4170.01 
       
OPEN PROFIT  $260