February 6, 2018.

The dollar traded sharply higher versus majors for the second day in a row as global markets selloff intensified following the big pullback in US indexes that triggered another wave of selling in the Asian markets overnight. European and US markets turned red for 2018 after the stellar start of the year while the Nikkei225 lost more than 7% on two consecutive sessions. The sterling lost the 1.4 level versus the dollar to close at two week lows versus the greenback while the Euro closed at the 1.24, still within the last two weeks trading range, showing strength into major central banks news down the week.

CAD Trade Balance at 3 pm is the important news on the agenda Tuesday.

 

MarketGBPUSDUSDJPYEURJPYEURUSDGOLDOIL
5.2.2018-0.81%-0.25%-0.9%-0.38%-0.02%-2.1%
USDMXNUSDCHFAUDUSDAUDJPYUSDCADSilverPlatinum
 0.45%0.55%-0.15%-0.54%0.64%-0.03%-0.53%
Dollar IndexDAXFTSE100CAC40EURSXX50NIKKEI225CSI300
0.65% -0.76%-1.46%-1.48%-1.29%-4.76%-2.93%
1 YEAR10.23%2.27%10.63%7.43%13.88%23%

                         

Swing trades follow up

TradeEntry pricePositionOpen profitDate triggeredStop lossRemarks today
EURCAD54680.73105/25430 
GBPUSD41210.7-1605/24100Stopped out
AUDNZD08370.72505/20878New position
       
OPEN PROFIT  $560