It’s 12 PM GMT this Thursday. Let’s see how things are shaping up for the market players. Euro/Dollar’s initial rise of 68 pips was followed by a decline, but the pair still stood point 3% in the green at midday. Trading has been active, and the sentiment is completely at a balance. Bulls have been in better positions so far. Things look similar for the Cable; its daily volatility of 73 pips was posted during a rise, but a subsequent drop left it point 13% up from the opening level at noon. Trading, however, has been slower than usual, and the sentiment is neutral at 11% short. Success is more likely for bulls, but bears did have some chances late in the session. Dollar/Yen has been moving in waves, but the single biggest move was a gain of 41 pips. The pair stood point 23% in the green after 12 hours of trading. Traded volume is in line with the monthly average, and the sentiment is neutral at 2% short. Success depends on timing, but it probably will be limited by the slow trading. Pound/Yen’s uptrend shifted after half past 9, but the pair still stood point 36% in the green at noon. Trading has been somewhat slow, and the neutral trader’s sentiment stands at 7% short. Once again, the overall trend was more favourable for bulls, but bears did have their chances. And Euro/Yen’s rise of 90 pips left it point 53% up from the opening level at midday. This pair sees the usual amount of funding, and the sentiment is neutral, although long positions are up by 12%. Success is more likely for the small majority of bulls. I’m Jack Everitt and this was the Midday Snapshot. Stay with us as we update these stats on an hourly basis.
It’s 12 PM GMT this Thursday. Let’s see how things are shaping up for the market players.
Euro/Dollar’s initial rise of 68 pips was followed by a decline, but the pair still stood point 3% in the green at midday. Trading has been active, and the sentiment is completely at a balance. Bulls have been in better positions so far.
Things look similar for the Cable; its daily volatility of 73 pips was posted during a rise, but a subsequent drop left it point 13% up from the opening level at noon. Trading, however, has been slower than usual, and the sentiment is neutral at 11% short. Success is more likely for bulls, but bears did have some chances late in the session.
Dollar/Yen has been moving in waves, but the single biggest move was a gain of 41 pips. The pair stood point 23% in the green after 12 hours of trading. Traded volume is in line with the monthly average, and the sentiment is neutral at 2% short. Success depends on timing, but it probably will be limited by the slow trading.
Pound/Yen’s uptrend shifted after half past 9, but the pair still stood point 36% in the green at noon. Trading has been somewhat slow, and the neutral trader’s sentiment stands at 7% short. Once again, the overall trend was more favourable for bulls, but bears did have their chances.
And Euro/Yen’s rise of 90 pips left it point 53% up from the opening level at midday. This pair sees the usual amount of funding, and the sentiment is neutral, although long positions are up by 12%. Success is more likely for the small majority of bulls.
I’m Jack Everitt and this was the Midday Snapshot. Stay with us as we update these stats on an hourly basis.
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