January 26, 2018.
The dollar traded sharply higher following US President Trump remarks in Davos favoring a stronger dollar in contrast to yesterday Treasury Secretary Munchin statement. The result was volatility on all markets and big price swings in metals and dollar pairs. Gold took a 20$ swing lower on the news and the Euro took a 150 pips reversal from four year highs after climbing sharply on the ECB press conference hawkish statement. All EU markets traded lower on a stronger euro. More volatility is expected today on earnings and dollar fluctuation.
UK GDP at 9:30 and Canadian CPI at noon are the important news on the agenda Friday.
| Market | GBPUSD | USDJPY | EURJPY | EURUSD | GOLD | OIL |
| 25.1.2018 | -0.7% | -0.04% | -0.02% | 0.02% | -0.77% | -0.62% |
| USDMXN | USDCHF | AUDUSD | AUDJPY | USDCAD | Silver | Platinum |
| 0.6% | -0.47% | -0.4% | -0.36% | 0.18% | -1.25% | 0.25% |
| Dollar Index | DAX | FTSE100 | CAC40 | EURSXX50 | NIKKEI225 | CSI300 |
| 0.5% | -0.87% | -0.36% | -0.25% | -0.36% | -0.16% | 0.36% |
| 1 YEAR | 12.24% | 6.34% | 12.61% | 9.37% | 21.8% | 29.31% |
Swing trades follow up –
| Trade | Entry price | Position | Open profit | Date triggered | Stop loss | Remarks today |
| DAX | 13304 | 3 | -10 | 25/1 | 13200 | New position |
| AUDUSD | 8040 | 0.7 | -20 | 24/1 | 8040 | Stopped out |
| NASDAQ | 6951 | 6 | -10 | 25/1 | 6900 | New position |
| EURUSD | 2212 | 0.7 | 1120 | 18/1 | 2371 | Stopped out |
| GOLD | 1330 | 40 | 820 | 18/1 | 1350 | Stopped out |
| EURSXX50 | 3618 | 7 | -20 | 19/1 | 3590 | Stopped out |
| EURGBP | 8798 | 0.7 | 650 | 22/1 | 8750 | Stopped out |
| OIL | 64.24 | 6 | 960 | 23/1 | 65.75 | Stopped out |
| OPEN PROFIT | $-30 | |||||