March 14, 2018 .

The dollar traded sharply lower Tuesday following another departure from Trump administration and worries that the tariffs issues are still on the table for the US government. Most FX markets traded higher versus the dollar while commodities economies currencies moved lower and EU markets sold off sharply to close at daily lows on tariffs worries. The CPI number came in line with expectations while commodities moved higher on a weaker dollar. 

ECB President Draghi speech at 8 am, US Retail sales at 12:30 pm and OIL Inventories at 2:30 pm are the important news on the agenda Wednesday. 

 

Market GBPUSD USDJPY EURJPY EURUSD GOLD OIL 
13.3.2018 0.52% 0.16% 0.7% 0.53% 0.5% -0.63% 
USDMXN USDCHF AUDUSD AUDJPY USDCAD Silver Platinum 
-0.12% -0.36% 0.03% 0.2% 0.8% 0.48% 0.59% 
Dollar Index DAX FTSE100 CAC40 EURSXX50 NIKKEI225 CSI300 
-0.51% -1.58% -1.05% -0.64% -0.94% -0.87% -0.41% 
1 YEAR 1.94% -2.98% 5.4% -0.06% 11.05% 17.87% 

 

Swing trades follow up  

Trade Entry price Position Open profit Date triggered Stop loss Remarks today 
USDCAD 2850 0.8 -200 9/3 2850 Stopped out  
AUDJPY 84.17 0.8 35 12/3 83.7  Stopped out    
DAX 12264 3 -10 7/3 12264 Stopped out                       
NASDAQ 6931 6 1180 7/3 7093 Stopped out   
AUDUSD 7866 0.5 -46 12/3 7840 Stopped out   
EURCAD 6060 0.7 -60 14/3 6000 New position 
       
       
OPEN PROFIT   $-60