It`s time for the Dukascopy Midday Snapshot, where we`ll see how traders have managed to work out the rate movements during the morning session on this Thursday. Euro/Dollar has had a slow day – rate has walked in a total range of just 33 pips and traded volume is low. Most of the funds have been driven by bearish expectations. Both the slow trading and narrow price movement range signal no significant moves in funds are likely. Pound/Dollar’s rate movement is flat as well, but the pair sees a typical amount of funds. Most of the traders have been forecasting the pair to head South, but the slow rate movement has provided no significant profit opportunities. Dollar/Yen rose gradually by only 35 pips and trading has been slower than usual. Sentiment of the market players is bearish, short positions are in the lead by 27%. Gradual rise has brought some minimal risks as the rate movement range is narrow and trading passive. Pound/Yen has also had a relatively slow session with volatility of 68 pips and traded volume measuring as extremely low. Neutral sentiment is almost at an even balance here. There shouldn’t be any significant profits or losses here as well. Euro/Yen shows the same outlook as other pairs – the pair has walked in a relatively narrow range and it has attracted less than half of the monthly average funds. Most of the traders have been in long positions here, but both profits and losses should be minimal. I’m _______________ and that’s it for the 12 o`clock report, goodbye for now.
It`s time for the Dukascopy Midday Snapshot, where we`ll see how traders have managed to work out the rate movements during the morning session on this Thursday.
Euro/Dollar has had a slow day – rate has walked in a total range of just 33 pips and traded volume is low. Most of the funds have been driven by bearish expectations. Both the slow trading and narrow price movement range signal no significant moves in funds are likely.
Pound/Dollar’s rate movement is flat as well, but the pair sees a typical amount of funds. Most of the traders have been forecasting the pair to head South, but the slow rate movement has provided no significant profit opportunities.
Dollar/Yen rose gradually by only 35 pips and trading has been slower than usual. Sentiment of the market players is bearish, short positions are in the lead by 27%. Gradual rise has brought some minimal risks as the rate movement range is narrow and trading passive.
Pound/Yen has also had a relatively slow session with volatility of 68 pips and traded volume measuring as extremely low. Neutral sentiment is almost at an even balance here. There shouldn’t be any significant profits or losses here as well.
Euro/Yen shows the same outlook as other pairs – the pair has walked in a relatively narrow range and it has attracted less than half of the monthly average funds. Most of the traders have been in long positions here, but both profits and losses should be minimal.
I’m _______________ and that’s it for the 12 o`clock report, goodbye for now.
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