We’re halfway through this week’s last trading day, so let’s see how things are shaping up for the market players. Euro/Dollar’s day has been relatively slow – high and low difference is 42 pips and traded volume is low. Sentiment of the traders is neutral, 6% long. Narrow price movement range, along with the slow trading approach suggest no significant moves in funds are likely. Pound/Dollar has been trending South to hit the daily low at just a couple of pips above the 1 42 level. The Cable sees a typical amount of funds and neutral sentiment is 6% short. Bears have been in better positions as the rate declined by a total of 77 pips. Dollar/Yen rose towards the 110 level by a total of 64 pips. Traded volume is average and sentiment of the traders is neutral, 7% short. Uptrend suggests a successful morning session for those who had long positions. Pound/Yen was back near the opening level after walking in a total range of 70 pips. Turnover is high and neutral sentiment is just 4% long. Both sides have had their profit chances as a single trend hasn’t formed. Euro/Yen has been trending higher and rise puts the pair point 27% in the green. Traded volume is average and sentiment of the traders is neutral at 3% short. There have been plenty of profit opportunities for those who had long positions. I’m Kiays Khalil and this concludes the Midday Snapshot for Friday.
We’re halfway through this week’s last trading day, so let’s see how things are shaping up for the market players.
Euro/Dollar’s day has been relatively slow – high and low difference is 42 pips and traded volume is low. Sentiment of the traders is neutral, 6% long. Narrow price movement range, along with the slow trading approach suggest no significant moves in funds are likely.
Pound/Dollar has been trending South to hit the daily low at just a couple of pips above the 1 42 level. The Cable sees a typical amount of funds and neutral sentiment is 6% short. Bears have been in better positions as the rate declined by a total of 77 pips.
Dollar/Yen rose towards the 110 level by a total of 64 pips. Traded volume is average and sentiment of the traders is neutral, 7% short. Uptrend suggests a successful morning session for those who had long positions.
Pound/Yen was back near the opening level after walking in a total range of 70 pips. Turnover is high and neutral sentiment is just 4% long. Both sides have had their profit chances as a single trend hasn’t formed.
Euro/Yen has been trending higher and rise puts the pair point 27% in the green. Traded volume is average and sentiment of the traders is neutral at 3% short. There have been plenty of profit opportunities for those who had long positions.
I’m Kiays Khalil and this concludes the Midday Snapshot for Friday.
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