Find out how successful traders have been on the FX markets so far this Monday by watching the Dukascopy Midday Snapshot. Euro/Dollar has been trending lower by a total of 53 pips to trade point 41% in the red at noon. Turnover is low and neutral sentiment of the traders is almost at an even balance. Gradual decline suggests a successful morning session for those who were in short positions. Pound/Dollar’s session has been bearish as well and decline has resulted in a loss of point 54%. The Cable sees 27% less than typical funds and sentiment of the traders is bullish, 15% long. The rate has been mostly on a slide, making losses more likely so far. Dollar/Yen has seen its trend change and the pair was back near the opening level at midday. Traded volume is average and neutral sentiment is 3% short. Shifting trend has provided both sides with their profit opportunities. Pound/Yen took a slide that measures at more than 100 pips, but traders have used 34% less than typical funds trading this pair. Most of the funds have been driven by bullish expectations. The rate went in the opposite direction to those forecasts, but the passive trading approach is the cushion for losses. Euro/Yen has been mostly trending South and the pair was point 39% in the red at 12 o’clock. Traded volume is average and most of the funds have been driven by bearish expectations. The rate did go per those estimates, suggesting profits for investors. I’m Jack Everitt and that’s it for the 12 o’clock Midday Snapshot report. Goodbye for now.
Find out how successful traders have been on the FX markets so far this Monday by watching the Dukascopy Midday Snapshot.
Euro/Dollar has been trending lower by a total of 53 pips to trade point 41% in the red at noon. Turnover is low and neutral sentiment of the traders is almost at an even balance. Gradual decline suggests a successful morning session for those who were in short positions.
Pound/Dollar’s session has been bearish as well and decline has resulted in a loss of point 54%. The Cable sees 27% less than typical funds and sentiment of the traders is bullish, 15% long. The rate has been mostly on a slide, making losses more likely so far.
Dollar/Yen has seen its trend change and the pair was back near the opening level at midday. Traded volume is average and neutral sentiment is 3% short. Shifting trend has provided both sides with their profit opportunities.
Pound/Yen took a slide that measures at more than 100 pips, but traders have used 34% less than typical funds trading this pair. Most of the funds have been driven by bullish expectations. The rate went in the opposite direction to those forecasts, but the passive trading approach is the cushion for losses.
Euro/Yen has been mostly trending South and the pair was point 39% in the red at 12 o’clock. Traded volume is average and most of the funds have been driven by bearish expectations. The rate did go per those estimates, suggesting profits for investors.
I’m Jack Everitt and that’s it for the 12 o’clock Midday Snapshot report. Goodbye for now.
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