The morning session is over on this Tuesday, so it’s time for the first edition of the2018 Dukascopy Midday Snapshot. Euro/Dollar has been on a rise and the pair stands point 41% in the green at 12 o’clock. Traded volume is high and bearish sentiment of the traders is leaning towards the short side by 18%. Uptrend has brought risks for investors. Pound/Dollar’s uptrend puts the pair point 3% in the positive territory at noon. The Cable sees 24% less than typical funds and neutral sentiment is just 3% long. Uptrend makes a successful morning session more likely for those who had long positions. Dollar/Yen took a slide and it has resulted in a loss of point 48%. Traded volume is average and neutral sentiment of the market players is leaning towards the short side by 12%. Steep decline was good news for the small majority of the traders that were short. Pound/Yen declined by 65 pips after 8 AM and a loss of point 18% was posted t 12 o’clock. This pair sees less than half of the monthly average funds and most of them have been driven by bullish expectations. Late decline has brought risks, but losses should be cushioned by the slow trading approach. Euro/Yen’s day has been slow – rate movement is flat and trading has been passive. Most of the traders have been forecasting the pair to head lower, but both the passive trading and flat rate movement are limiting factors. I’m Jack Everitt and you’ve been watching the Midday Snapshot for Tuesday.
The morning session is over on this Tuesday, so it’s time for the first edition of the2018 Dukascopy Midday Snapshot.
Euro/Dollar has been on a rise and the pair stands point 41% in the green at 12 o’clock. Traded volume is high and bearish sentiment of the traders is leaning towards the short side by 18%. Uptrend has brought risks for investors.
Pound/Dollar’s uptrend puts the pair point 3% in the positive territory at noon. The Cable sees 24% less than typical funds and neutral sentiment is just 3% long. Uptrend makes a successful morning session more likely for those who had long positions.
Dollar/Yen took a slide and it has resulted in a loss of point 48%. Traded volume is average and neutral sentiment of the market players is leaning towards the short side by 12%. Steep decline was good news for the small majority of the traders that were short.
Pound/Yen declined by 65 pips after 8 AM and a loss of point 18% was posted t 12 o’clock. This pair sees less than half of the monthly average funds and most of them have been driven by bullish expectations. Late decline has brought risks, but losses should be cushioned by the slow trading approach.
Euro/Yen’s day has been slow – rate movement is flat and trading has been passive. Most of the traders have been forecasting the pair to head lower, but both the passive trading and flat rate movement are limiting factors.
I’m Jack Everitt and you’ve been watching the Midday Snapshot for Tuesday.
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