Let’s take a look at how market players have been performing over the 12 hours to noon on this Thursday.
Euro/Dollar has seen its trend change, but the high and low difference is only 37 pips. Turnover is high and sentiment of the traders is neutral, long positions are in the lead by 2%. Both sides have had only limited profit chances due to the narrow price movement range.
A single trend hasn’t formed for the Pound/Dollar and the pair was point 2% up from the opening level at noon. The Cable sees 29% more than typical funds and sentiment of the market players is neutral, at an even balance. Success depends on the timing of the trades as a single trend hasn’t formed.
Dollar/Yen has been on a slide from the early high and it puts the pair point 27% in the red at midday. Turnover is average and neutral sentiment of the market players is 2% long. Steep decline makes profits more likely for those who had short positions.
Pound/Yen was back near the opening level at 12 o’clock after trading in a total range of 92 pips. This pair sees 35% more than average funds and neutral sentiment of the traders is 1% long. Both sides have had their chances as the trend has been shifting.
Euro/Yen took a sharp decline and the pair rose slightly from the low of 119 45. Traded volume is average and sentiment of the traders is neutral, 5% long. Bears saw solid profit opportunities as the pair moved sharply lower.
I’m Jack Everitt and you’ve been watching the Midday Snapshot for Thursday. Check back in throughout the day for the very latest updates of these stats.

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