March 23, 2018.

The FX and commodities markets took backstage as global equity markets sold off sharply on the trade war unraveling between the US and China where as nobody seems to know how big of an impact it will have on global markets. All global markets turned lower yesterday capped by the NIKKEI who lost 4.5% overnight and the move lower can signal a return to February lows for global markets. The JPY was sharply higher overnight as investors seek protection in cash and leave the turbulence of equities to more stable grounds.

CAD CPI and Retail sales at 1:30 pm and the US Durable goods orders are the important news on the agenda Friday.

 

MarketGBPUSDUSDJPYEURJPYEURUSDGOLDOIL
22.2018-0.21%-0.6%-0.75% -0.15%0.61%-1.53%
USDMXNUSDCHFAUDUSDAUDJPYUSDCADSilverPlatinum
0.8%-0.04%-0.75%-1.36%0.13%-0.12% -0.02%
Dollar IndexDAXFTSE100CAC40EURSXX50NIKKEI225CSI300
-0.05%-1.7%-1.23%-1.38%-1.55%-4.51%-3.77%
1 YEAR0.5%-5.29%2.62%-3.01%8.03%11.75%

                         

Swing trades follow up  

TradeEntry pricePositionOpen profitDate triggeredStop lossRemarks today
EURUSD22660.749021/32266
    
GBPUSD40500.856521/34050
    
NASDAQ68915-56022/36780Stopped out
Silver16.55700-1523/316.3New position
    
     
OPEN PROFIT  $1040