It’s noon GMT on this Tuesday, so let’s take a look at the rate movements and trader performance. Euro/Dollar has been on a slide and it has resulted in a loss of point 62%. The pair sees 21% more than typical funds and sentiment of the market players is neutral, long positions are up by 6%. Steep decline suggests a successful morning session for those who had short positions. Pound/Dollar declined by a total of 75 pips to trade point 41% South of the opening level at noon. The Cable sees 40% less than typical funds and neutral sentiment of the market players is 12% long. There have been plenty of profit chances for bears, but the calm trading is the limiting factor. Dollar/Yen has been trending higher and uptrend has resulted in a gain of point 33%. Turnover is low and neutral sentiment of the traders is almost at an even balance. Uptrend puts bullish market players in better positions, but the slow trading is the limiting factor. Pound/Yen moved South by 68 pips, but a following rise has wiped out most of the loss. Traded volume is average and sentiment of the traders is neutral, 10% short. Success depends on the timing of the trades as decline was followed by a rise. Euro/Yen’s day has been bearish and decline puts the pair point 3% in the red at midday. Trading has been active, volume is extremely high and neutral sentiment of the traders is just 5% long. Bears have seen plenty of profit chances, but losses are more likely for those who had long positions. I’m Jessica Walker and you’ve been watching the Dukascopy Midday Snapshot for Tuesday, but you may track the latest developments with the hourly updates.
It’s noon GMT on this Tuesday, so let’s take a look at the rate movements and trader performance.
Euro/Dollar has been on a slide and it has resulted in a loss of point 62%. The pair sees 21% more than typical funds and sentiment of the market players is neutral, long positions are up by 6%. Steep decline suggests a successful morning session for those who had short positions.
Pound/Dollar declined by a total of 75 pips to trade point 41% South of the opening level at noon. The Cable sees 40% less than typical funds and neutral sentiment of the market players is 12% long. There have been plenty of profit chances for bears, but the calm trading is the limiting factor.
Dollar/Yen has been trending higher and uptrend has resulted in a gain of point 33%. Turnover is low and neutral sentiment of the traders is almost at an even balance. Uptrend puts bullish market players in better positions, but the slow trading is the limiting factor.
Pound/Yen moved South by 68 pips, but a following rise has wiped out most of the loss. Traded volume is average and sentiment of the traders is neutral, 10% short. Success depends on the timing of the trades as decline was followed by a rise.
Euro/Yen’s day has been bearish and decline puts the pair point 3% in the red at midday. Trading has been active, volume is extremely high and neutral sentiment of the traders is just 5% long. Bears have seen plenty of profit chances, but losses are more likely for those who had long positions.
I’m Jessica Walker and you’ve been watching the Dukascopy Midday Snapshot for Tuesday, but you may track the latest developments with the hourly updates.
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