Find out if traders have managed to work out the currency rate movements as we reach the midpoint of this week`s last trading day. Euro/Dollar’s gradual uptrend was followed by a slide, which wiped out all of the gain. Traded volume is average and sentiment is neutral, long positions are up by just 1%. Bulls had their chances during the uptrend, but the following decline was good news for bears. Pound/Dollar has been trending South during most of the session and a loss of point 2% was posted at noon. The Cable sees 32% less than typical funds and neutral sentient is 8% short. Downtrend makes a successful morning session more likely for those who were short. Dollar/Yen declined by 38 pips after 7 AM and the pair stood point 21% in the red at midday. Turnover is average and sentiment of the market players is neutral, 6% long. Late decline was good news for those who had short positions. Pound/Yen moved lower by slightly more than 100 pips and decline has resulted in a loss of point 4%. This pair sees a typical amount of funds and most of them have been driven by bullish expectations. Late drop has brought serious risks for investors. Euro/Yen was moving slowly up, but a following slide puts the pair point 19% in the red. Traded volume is average and most of the traders have been forecasting the pair to head higher. Traders had their profit opportunities before the daily high was reached. I’m _____________ and that`s it for Friday`s Midday Snapshot.
Find out if traders have managed to work out the currency rate movements as we reach the midpoint of this week`s last trading day.
Euro/Dollar’s gradual uptrend was followed by a slide, which wiped out all of the gain. Traded volume is average and sentiment is neutral, long positions are up by just 1%. Bulls had their chances during the uptrend, but the following decline was good news for bears.
Pound/Dollar has been trending South during most of the session and a loss of point 2% was posted at noon. The Cable sees 32% less than typical funds and neutral sentient is 8% short. Downtrend makes a successful morning session more likely for those who were short.
Dollar/Yen declined by 38 pips after 7 AM and the pair stood point 21% in the red at midday. Turnover is average and sentiment of the market players is neutral, 6% long. Late decline was good news for those who had short positions.
Pound/Yen moved lower by slightly more than 100 pips and decline has resulted in a loss of point 4%. This pair sees a typical amount of funds and most of them have been driven by bullish expectations. Late drop has brought serious risks for investors.
Euro/Yen was moving slowly up, but a following slide puts the pair point 19% in the red. Traded volume is average and most of the traders have been forecasting the pair to head higher. Traders had their profit opportunities before the daily high was reached.
I’m _____________ and that`s it for Friday`s Midday Snapshot.
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