The dollar traded higher versus FX markets other than safe heavens as investor appetite for risk decreased following the hawkish FED Wednesday afternoon and overall negative sentiment in global equity markets. Most FX markets traded in narrow ranges closing the week mostly flat. Global equity markets traded lower led by weakness in technology stocks and total lack of positive leadership. US markets closed the week positive yet the bullish rally following the US election faded Friday and other global markets seem to vulnerable to lead at this point. Metals traded lower across the board on a stronger dollar and OIL traded lower for the eight day in a row to close at bellow 60$ per barrel, at eight month lows.

There is no important news on the agenda Monday.

 

Market GBPUSD USDJPY EURJPY EURUSD GOLD OIL
9.11.18 -0.71% -0.25% -0.5% -0.25% -1.23% -1.29%
USDMXN USDCHF AUDUSD AUDJPY USDCAD Silver Platinum
-0.46% -0.06% -0.4% -0.63% 0.37% -1.89% -1.7%
Dollar Index DAX FTSE100 CAC40 EURSXX50 NIKKEI CSI300
0.23% 0.02% -0.49% -0.48% -0.25% -0.04% 0.65%
1 YEAR -12.18% -4.41% -5.09% -10.14% -1.94% -22.44%

 

 

Swing trades follow up  

Trade Entry price Position Open profit Date triggered Stop loss Remarks today
USDCAD 3176 0.7 80 9/11 3150  
GBPUSD 2990 0.7 40 12/11 3020 New position
NASDAQ 6927 6 1170 6/11 7125 Stopped out
             
OPEN PROFIT     $120      

 

 

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