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.

 

MarketGBPUSDUSDJPYEURJPYEURUSDGOLDOIL
25.1.2018-0.7%-0.04%-0.02%0.02%-0.77%-0.62%
USDMXNUSDCHFAUDUSDAUDJPYUSDCADSilverPlatinum
0.6%-0.47%-0.4%-0.36%0.18%-1.25%0.25%
Dollar IndexDAXFTSE100CAC40EURSXX50NIKKEI225CSI300
0.5% -0.87%-0.36%-0.25%-0.36%-0.16%0.36%
1 YEAR12.24%6.34%12.61%9.37%21.8%29.31%

                                                                                                      

                         Swing trades follow up –

TradeEntry pricePositionOpen profitDate triggeredStop lossRemarks today
DAX133043-1025/113200New position
AUDUSD80400.7-2024/18040Stopped out
NASDAQ69516-1025/16900New position
EURUSD22120.7112018/12371Stopped out
GOLD13304082018/11350      Stopped out
EURSXX5036187-2019/13590Stopped out
EURGBP87980.765022/18750  Stopped out
OIL64.24696023/165.75Stopped out
OPEN PROFIT  $-30