29.12.2017 – Midday Snapshot by Dukascopy
December 29, 2017 12:59 pmVideo
Latest News
- Outlook for GBP/USD on April 18. Pound was not impressed by the inflation data April 18, 2024
- Outlook for EUR/USD on April 18. Euro has fallen into a new flat April 18, 2024
- GBP/USD. Correction or trend reversal? April 18, 2024
- The FOMC will not lower rates in 2024 April 18, 2024
- Powell made a bold point, and Bailey did not report anything important April 18, 2024
- Will the euro take a risk? April 18, 2024
- Trading Signals for GOLD (XAU/USD) for April 17-19, 2024: sell below $2,400 (21 SMA – double top) April 17, 2024
- Technical Analysis – GBPCAD hits a wall but bulls not ready to give up April 17, 2024
- Trading Signals for Ethereum (ETH/USD) for April 17-19, 2024: sell below $3,125 (21 SMA – 2/8 Murray) April 17, 2024
- Analysis for the EUR/USD pair on April 17th. Jerome Powell didn’t help the dollar much April 17, 2024
- Analysis for GBP/USD pair on April 17th. British inflation overtakes American inflation April 17, 2024
- USD/JPY: Simple Trading tips for novice traders on April 17th (US session) April 17, 2024
- GBP/USD: Simple trading tips for novice traders on April 17th (US session) April 17, 2024
- EUR/USD: Simple trading tips for novice traders on April 17th (US session) April 17, 2024
- GBP/USD: trading plan for the US session on April 17th (analysis of morning deals) April 17, 2024
- Technical Analysis – EURUSD takes a breather after sharp tumble April 17, 2024
- Market continues to price in a plethora of rate cuts for 2024 – Special Report April 17, 2024
- EUR/USD: trading plan for the US session on April 17th (analysis of morning deals) April 17, 2024
- Technical Analysis – EURGBP maintains bearish bias amid pennant formation April 17, 2024
- EUR/USD. April 17th. Jerome Powell supports the dollar April 17, 2024
Find out how the morning session has been shaping up for the currency traders on this year’s last trading day by watching the Dukascopy Midday Snapshot.
Euro/Dollar has made a move towards the 1 20 level and the pair stands point 4% in the green at noon. Turnover is average and neutral sentiment of the traders is almost at an even balance. Uptrend suggests a successful morning session for bullish market players.
Pound/Dollar has been on a rise as well and it has resulted in a gain of point 51%. The Cable sees 37% less than typical funds and most of them have been driven by bearish expectations. Uptrend makes losses more likely, but they should be cushioned by the slow trading.
Dollar/Yen has been trending South and decline puts the pair point 32% in the red at 12 o’clock. Turnover is low and neutral sentiment is 2% long. Bearish morning session has provided plenty of profit opportunities for those who were short.
Pound/Yen rose by 59 pips from the early low and the pair stood point 19% up from the opening level at midday. Traded volume is extremely low and sentiment of the traders is neutral, 5% short. Bulls had some chances during the rise, but the calm trading is the limiting factor.
Euro/Yen shows limited rate movement, high and low difference is just 43 pips and the pair has attracted less than half of the monthly average funds. Sentiment of the traders is neutral, 7% long. Both the slow rate movement and passive trading suggest no major changes in funds are likely.
I’m ____________ and this brings Friday’s Midday Snapshot to an end, but we`ll see you again next year!
You can view this video and the full video archive on the Dukascopy TV page: http://www.dukascopy.com/tv/en/#230827
Смотрите Dukascopy TV на вашем языке: http://www.youtube.com/user/dukascopytvrussian
用您的语言观看杜高斯贝电视: http://www.youtube.com/user/dukascopytvchinese
Miren Dukascopy TV en su idioma: http://www.youtube.com/user/dukascopytvspanish
Schauen Sie Dukascopy TV in Ihrer Sprache: http://www.youtube.com/user/dukascopytvgerman
Regardez la Dukascopy TV dans votre langue: http://www.youtube.com/user/dukascopytvfrench
Veja a TV Dukascopy na sua língua: http://www.youtube.com/user/dukascopytvpt
Dukascopy TV is a free educational project producing daily updates on global markets, visit http://Dukascopy.com/tv for more