The dollar is opening the trading week on a flat note, as trading volume are expected to be light due to the Martin Luther King holiday is the US and the typical low volume opening of the week in Europe on zero economic news. Global equity markets closed Friday with a sharp move higher making January green across the board, US, EU and Asian markets all up more than 6% on average in 2019. Metals traded flat Friday and continue to slide on very little price action while OIL managed another positive close Friday, breaking above the 53$ per barrel bull flag on the optimism in global markets and better than expected China economic news.

There is no important news on the agenda Monday, US MARKETS ARE CLOSED TODAY.

 

MarketGBPUSDUSDJPYEURJPYEURUSDGOLDOIL
21.1.190.02% -0.21%    -0.1%0.16%-0.02%0.4%
USDMXNUSDCHFAUDUSDAUDJPYUSDCADSILVERNAT GAS
0.12%-0.08%0.1% 0.01%0.05%-0.42%-4%
Dollar IndexDAXFTSE100CAC40EURSXX50NIKKEI CSI300
-0.1%2.63%1.95% 1.7%2.14%0.26%0.29%
1 YEAR-16.59%-9.86%-11.77%-14.09%-12.97%-25.79%

 

 

Swing trades follow up  

TradeEntry pricePositionOpen profitDate triggeredStop lossRemarks today
GBPUSD28750.8-2021/12850New position
GBPUSD28510.8-32018/12820Stopped out
NASDAQ6654897017/16724SL changed
       
OPEN PROFIT  $950