The dollar traded sideways versus majors as investors await the outcome of the FOMC meeting tomorrow in the afternoon and more clarity on the US China trade war outcomes. With no market moving news on the agenda FX markets traded very narrow ranges and low volumes as well as global equity markets that traded mostly in negative territory on global trade worries and a minor pullback in US markets from all time highs. Oil was the big mover on the day, climbing two percent to two month highs on supply worries following the new wave of sanctions imposed on Iran and closing above 72$ per barrel.
US Consumer Confidence at 3 pm is the important news on the agenda Tuesday.
Market | GBPUSD | USDJPY | EURJPY | EURUSD | GOLD | OIL |
24.9.18 | 0.31% | 0.15% | 0.17% | 0.02% | 0.17% | 2.05% |
USDMXN | USDCHF | AUDUSD | AUDJPY | USDCAD | Silver | Platinum |
0.64% | 0.58% | -0.47% | -0.04% | 0.25% | -0.34% | 0.12% |
Dollar Index | DAX | FTSE100 | CAC40 | EURSXX50 | NIKKEI225 | CSI300 |
0.02% | -0.64% | -0.42% | -0.33% | -0.59% | 0.12% | -1.08% |
1 YEAR | -1.92% | 2.02% | 3.97% | -3.6% | 17.74% | -12.09% |
Swing trades follow up
Trade | Entry price | Position | Open profit | Date triggered | Stop loss | Remarks today |
NASDAQ | 7530 | 6 | 290 | 24/9 | 7500 | New position |
EURJPY | 132.41 | 0.7 | 110 | 24/9 | 132 | New position |
GBPUSD | 3075 | 1 | -250 | 24/9 | 3100 | Stopped out |
DAX | 12218 | 2 | 270 | 20/9 | 12286 | |
OPEN PROFIT | $670 |