Let’s see how successful morning session has been for currency traders on this Thursday, 16th of March.
Euro/Dollar has been trending lower by a total of just 41 pips, but the pair sees 26% more than typical funds. Sentiment of the traders is neutral, long positions are up by 6%. Gradual decline suggests a successful morning session is more likely for those who were short.
Pound/Dollar’s trend has changed and only a slight loss was posted at noon. Traded volume is high and sentiment of the traders is neutral, long positions are up by 4%. Both sides have had their profit opportunities as the trend has changed.
Dollar/Yen hit the daily low of 112 91 hours into the trading day, but a following rise has wiped out all of the loss. Turnover is high and sentiment of the traders is neutral, 4% short. Decline was followed by a rise and success depends on the timing of the trades.
Pound/Yen spiked after 7 o’clock and the pair was only slightly in the red at midday. Traded volume is average and most of the traders have been forecasting the pair to head lower. Traders had their chances during decline, but the following rise was bad news.
Euro/Yen was back near the opening level at noon after walking in a total range of 71 pips. This pair sees a typical amount of funds and neutral sentiment of the market players is 5% long. It’s difficult to draw any conclusions in terms of performance as both sides have had their profit chances.
I’m Kiays Khalil and that’s all for Thursday’s Midday Snapshot. We’ll be updating these stats on an hourly basis, so click back.

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