The dollar traded sideways versus majors with no major market moving news on the agenda and investor focus on the ongoing earnings season the US China trade war. Most pairs traded on very light volume and narrow ranges, the typical summer action. Metals traded higher on a softer dollar and Oil traded higher ahead of the Inventories number today in the afternoon to close above 68.5$ per barrel. Global equity markets are expected another narrow range trading day today with earnings from Deutsche Bank and major DOW components on the agenda.
Oil Inventories at 3:30 pm is the important news on the agenda Wednesday.
| Market | GBPUSD | USDJPY | EURJPY | EURUSD | GOLD | OIL |
| 24.7.18 | 0.37% | -0.16% | -0.21% | -0.05% | -0.1% | 0.6% |
| USDMXN | USDCHF | AUDUSD | AUDJPY | USDCAD | Silver | Platinum |
| -0.01% | 0.14% | 0.51% | 0.34% | -0.11% | 0.42% | 0.43% |
| Dollar Index | DAX | FTSE100 | CAC40 | EURSXX50 | NIKKEI225 | CSI300 |
| -0.08% | 1.12% | 0.7% | 1.04% | 0.85% | 0.4% | -0.23% |
| 1 YEAR | 3.94% | 4.49% | 5.29% | 0.28% | 13.25% | -3.93% |
Swing trades follow up
| Trade | Entry price | Position | Open profit | Date triggered | Stop loss | Remarks today |
| GBPUSD | 3143 | 0.7 | -80 | 23/7 | 3165 | |
| GOLD | 1231 | 30 | 170 | 23/7 | 1236 | |
| OIL | 68.78 | 5 | -10 | 25/7 | 69.1 | New position |
| NASDAQ | 7331 | 2 | 150 | 23/7 | 7290 | |
| OPEN PROFIT | $230 |