The dollar index traded sideways as most FX markets traded in very narrow ranges without the participation of US markets, idle for the 4-th of July holiday. The global markets took a breather ahead of major importance economic news down the week, NFP Friday and FOMC minutes Thursday afternoon, as well as clarification on the looming trade war between US and China and near term global implications for that. Oil traded mostly sideways ahead of the most Important inventories number tomorrow, closing above 74$ per barrel.

BOE Gov Carney speech at 11:00 am, ADP Non Farm Employment at 1:30 pm, Oil Inventories at 3:30 pm and FOMC Meeting Minutes at 7:00 pm are the important news on the agenda Thursday.

 

Market GBPUSD USDJPY EURJPY EURUSD GOLD OIL
4.7.18 0.35% -0.09% 0.02% 0.09% 0.37%  0.26%
USDMXN USDCHF AUDUSD AUDJPY USDCAD Silver Platinum
-0.11% -0.02% -0.02% -0.1% 0.01% 0.48% 0.01%
Dollar Index DAX FTSE100 CAC40 EURSXX50 NIKKEI225 CSI300
-0.08% -0.25% -0.27% 0.07% 0.17% -0.86% -0.65%
1 YEAR -1.09% 2.79% 2.71% -1.91% 7.22% -8.68%

 

                       

Swing trades follow up 

Trade Entry price Position Open profit Date triggered Stop loss Remarks today
OIL 66.7 4 2632 22/6 73.3 Stopped out
EURJPY 128.9 0.7 250 4/7 128.5 New position
NASDAQ 7084 5 -305 29/6 7000  
             
GOLD 1254 40 60 3/7 1245 New position
DAX 12322 2 -5 29/6 12090  
             
OPEN PROFIT     $-20      

 

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.