The dollar traded sideways versus majors as investors look for clues on the US China trade war and more economic data from the EU and more clarity on the Brexit ongoing saga. Global equity markets traded mostly sideways until late in the day in the US then news on the upcoming US China trade deal pushed US indexes to a positive close and the ensuing follow up of Asian and EU equity markets this morning. Metals traded in narrow ranges with no news on the agenda and Oil went thru a choppy session to close at 52.42$ per barrel, now in a bull flag formation on the daily chart for the past 7 days.
G20 meeting all day, UK Retail Sales at 10:30 am and CAD CPI at 1:30 pm are the important news on the agenda Friday.
| Market | GBPUSD | USDJPY | EURJPY | EURUSD | GOLD | OIL |
| 17.1.19 | 0.89% | 0.05% | 0.06% | 0.1% | -0.1% | -0.52% |
| USDMXN | USDCHF | AUDUSD | AUDJPY | USDCAD | SILVER | NAT GAS |
| 0.26% | 0.32% | 0.7% | 0.74% | 0.02% | -0.6% | 0.33% |
| Dollar Index | DAX | FTSE100 | CAC40 | EURSXX50 | NIKKEI | CSI300 |
| 0.02% | -0.12% | -0.4% | -0.34% | -0.26% | 1.29% | 1.87% |
| 1 YEAR | -17.18% | -11.25% | -12.75% | -15.23% | -13.03% | -26.36% |
Swing trades follow up
| Trade | Entry price | Position | Open profit | Date triggered | Stop loss | Remarks today |
| GBPUSD | 2851 | 0.8 | -20 | 18/1 | 2820 | New position |
| NASDAQ | 6654 | 8 | 710 | 17/1 | 6600 | New position |
| OIL | 52.51 | 8 | -400 | 16/1 | 52 | Stopped out |
| OPEN PROFIT | $690 |