The Euro was in focus yesterday for FX investors following the mixed signals sent by ECB President Draghi during the ECB Press Conference. The dovish ECB wasn’t all the market expected, leaving rates unchanged and sending EU markets lower and the Euro higher versus majors. The dollar traded mostly higher versus FX markets other than the Euro, sending metals lower ahead of the GDP reading today before US markets open. Overall, investors fear a slowing global economy and the upcoming trade war resolution is still blur. Oil traded marginally higher yesterday, closing at $55.86 per barrel after fears of Middle East supply disruptions were offset by US record production levels and fears of slowing global demand.

US Advanced GDP at 1:30 pm is the important news on the agenda Friday. (all times GMT).

Global Markets 24 hours wrap-up
MarketGBPUSDUSDJPYEURJPYEURUSDGOLDOIL
25.7.19-0.23%0.48%0.51%0.03%-0.65%0.43%
USDMXNUSDCHFAUDUSDAUDJPYUSDCADSilverNat Gas
-0.02%0.65%-0.42%0.07%0.18%-1.15%1.08%
Dollar IndexDAXFTSE100CAC40EURSXX50NIKKEI225CSI300
0.09%-1.28%-0.17%-0.5-0.64%0.5%-0.06%
1 YEAR-1.73%-2.27%1.78%0.03%-4.16%8.84%
Swing report
TRADEENTRY PRICEPOSITIONOPEN PROFITDATE TRIGGEREDSTOP LOSSUPDATES
USDCAD31200.826023/73102SL changed
EURJPY122.120.81026/7121.9new position
GBPUSD25290.8-22025/72483stopped out
EURUSD11350.820525/71160stopped out
        
       
OPEN PROFIT  $250   

USDCAD LONG 3120, SL 3113, Target 3200

Warning: The information provided on this page (“the information”) is for instructional purposes only, for enhancing your general knowledge of the capital market in general and using trading methods and the technical analysis method in particular. We hereby clarify that the company, its management, staff, shareholders and agents do not hold investment advisor licenses and/or portfolio manager licenses by any applicable law, and do not pretend to advise any person on the worthiness of buying, selling, holding or investing in securities and other financial assets. The information should not be construed to be a recommendation or opinion, and any person who makes any decision based on the information – does so entirely at their own risk. Be aware that the information cannot serve in lieu of advice which accounts for specific information and needs of an individual, and that investing in securities and financial assets may cause loss. The company, its management, staff and agents may have a personal interest in issues related to the information, and may hold specific securities mentioned in the information, or similar securities. If you use the information, you waive any claim or demand against the company or anyone acting on its behalf.