The dollar traded lower closing the week down 4 out of the last 5 trading days as investors eye riskier FX markets. The dollar traded lower across the board, again testing 14 days lows and back above the range bound 1.13 level versus the Euro. Most FX markets traded a lackluster session with no major market moving news on the agenda. EU and US equity markets as well as Asian markets closed the week on a positive note, trading 4 out of 5 days higher and closing at fresh 2019 highs. Metals traded higher on a weaker dollar and gold closed a turbulent week up at 1300$ per ounce after trading as high as 1312$ on Wednesday. Oil went thru another choppy session, up on strong demand and OPEC production cuts yet offset by record US production, to close at 28.74$ per barrel, up 2.5$ per barrel this week.
There is no important news on the agenda Monday.
Swing trades follow up
|Trade||Entry price||Position||Open profit||Date triggered||Stop loss||Remarks today|