The dollar traded mostly sideways versus majors and most FX markets traded another lackluster session on very little market moving news. The dollar managed a five for five gaining days versus the Euro this week, nearing the support at below the 1.128 level. The US China trade war came back to haunt EU equity markets and most markets traded lower on trade and growth worries closing a mixed trading week, a week which started strong and turned red for the DAX and EURSX50 while the  FTSI closed higher and trading now at 10 week highs. Metals traded higher on a move to safety still closed red for the week while Oil went thru another choppy session to close flat at 52.7$ per barrel and down 2.7$ for the week.

UK Manufacturing production at 10:30 am is the important news on the agenda Monday.

 

MarketGBPUSDUSDJPYEURJPYEURUSDGOLDOIL
8.2.18-0.15%-0.03%-0.23%-0.17%0.31%-0.02%
USDMXNUSDCHFAUDUSDAUDJPYUSDCADSilverNat Gas
-0.1%-0.2%-0.23%-0.26%-0.3%0.68%2.31%
Dollar IndexDAXFTSE100CAC40EURSXX50NIKKEI225CSI300
0.14% -1.05%-0.32%-0.48%-0.48%—%1.43%
1 YEAR9.92%-0.3%-2.31%-5.72%-4.91%-22.88%

 

 

Swing trades follow up 

TradeEntry pricePositionOpen profitDate triggeredStop lossRemarks today
AUDUSD71170.7846/27108Stopped out
OIL53.767507/252.44Stopped out
OIL53.4864107/252.81Stopped out
       
OPEN PROFIT  $0