Morning session is over on this Tuesday, so it’s time for the Dukascopy Midday Snapshot. Euro/Dollar has seen limited rate movement, but the pair has attracted a typical amount of funds. Sentiment of the traders is neutral, short positions are up by 5%. Narrow price movement range is the limiting factor for both profits and losses here. Pound/Dollar has seen its trend change and the pair was back near the opening level at noon. The Cable sees 26% less than typical funds and neutral sentiment of the traders is 12% short. Both sides have had their profit chances as the trend has shifted. Dollar/Yen moved South early in the day and then once again as midday approached to trade point 28% in the red at 12 o’clock. Turnover is average and neutral sentiment of the traders is 5% long. A couple of declines make a successful start of the day more likely for bears. Pound/Yen dropped by 83 pips after the high of 139 40 was reached. Turnover is average and sentiment of the market players is neutral, 3% long. Late decline was good news for those who had short positions. Euro/Yen was flat for hours after the early decline, but another drop puts it point 35% in the red at midday. Traded volume is average and sentiment of the traders is neutral, close to a balance. A couple of declines suggest a successful morning session for bears. I’m Jack Everitt and that’s how things look so far, but do check back in throughout the day for the latest updates.
Morning session is over on this Tuesday, so it’s time for the Dukascopy Midday Snapshot.
Euro/Dollar has seen limited rate movement, but the pair has attracted a typical amount of funds. Sentiment of the traders is neutral, short positions are up by 5%. Narrow price movement range is the limiting factor for both profits and losses here.
Pound/Dollar has seen its trend change and the pair was back near the opening level at noon. The Cable sees 26% less than typical funds and neutral sentiment of the traders is 12% short. Both sides have had their profit chances as the trend has shifted.
Dollar/Yen moved South early in the day and then once again as midday approached to trade point 28% in the red at 12 o’clock. Turnover is average and neutral sentiment of the traders is 5% long. A couple of declines make a successful start of the day more likely for bears.
Pound/Yen dropped by 83 pips after the high of 139 40 was reached. Turnover is average and sentiment of the market players is neutral, 3% long. Late decline was good news for those who had short positions.
Euro/Yen was flat for hours after the early decline, but another drop puts it point 35% in the red at midday. Traded volume is average and sentiment of the traders is neutral, close to a balance. A couple of declines suggest a successful morning session for bears.
I’m Jack Everitt and that’s how things look so far, but do check back in throughout the day for the latest updates.
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