April 24, 2018.

The dollar index traded sharply higher opening the week with a sharp move versus majors on higher interest rates, sending commodities spiraling lower and signaling more troubles for the US stock market. Silver was the big mover on the day, down 3.25% making it the biggest move lower since January. The stronger US dollar made safe heaven irrelevant yesterday as US markets moved lower with commodities, the JPY and CHF combined. Earnings will be back in the front seat for the EU and US markets today.

US Consumer Confidence at 3 pm is the important news on the agenda Tuesday.

 

Market GBPUSD USDJPY EURJPY EURUSD GOLD OIL
23.4.2018 -0.44% 0.98%  0.32% -0.64% -0.95% 0.75%
USDMXN USDCHF AUDUSD AUDJPY USDCAD Silver Platinum
2.11% 0.4% -0.86% 0.22% 0.6% -3.25% -0.9%
Dollar Index DAX FTSE100 CAC40 EURSXX50 NIKKEI225 CSI300
0.69% 0.25% 0.42% 0.48% 0.54% 0.77% 1.95%
1 YEAR 0.94% 1.85% 3.22% -1.8% 17.92% 11.95%

                     

                        

Swing trades follow up –

Trade Entry price Position Open profit Date triggered Stop loss Remarks today
GBPUSD 4074 0.7 370 19/4 3964 SL changed
USDCHF 9722 0.7 210 19/4 9770 SL changed
USDCAD 2677 0.7 410 20/4 2820 SL changed
Silver 16.97 1000 270 23/4 170.01 New position
             
OPEN PROFIT     $2385      

 

Contact Information

Tradenet Capital Markets Ltd.

Phone+1-516-210-4148
+44-20-36420372
Mail[email protected] Websitewww.tradenet.com

Tradenet is a day trading training school. We offer courses including lessons about stock trading, CFDs, options, futures and foreign exchange.
At Tradenet, we specialize in providing day trading courses with inexperienced beginners and experienced traders.
We offer three learning options: self-taught interactive online courses, , live online group courses and 1:1 teachings.
Some of our services have several language options, including Spanish, German, French, Russian, Hungarian, Italian, Arabic, etc.